Thursday, October 16, 2008

"How the Credit Crisis Could Forge a New Financial Order"

From the October 15, 2008 issue of Knowledge@Wharton, "How the Credit Crisis Could Forge a New Financial Order" predicts:
"Individuals and businesses will have a harder time getting loans in coming years, but also may be less eager to take on debt. There will be "more" financial regulation or "better" regulation, but definitely not less regulation. There will be intense efforts to see what is going on inside previously opaque areas like hedge funds, derivative markets and subsidiaries set up to evade restrictions...."
The article also provides links to other related articles on the financial crisis...

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