Financial Accountability Lacking
The discussion highlights how the financial industry faced little accountability after the 2008 crisis, contrasting it with the public humiliation experienced by financial leaders after the 1929 crash. The absence of a similar catharsis today is seen as a missed opportunity for both the public and the industry. Despite various lessons drawn from the crisis, no significant changes have been implemented, leaving the same issues unaddressed.In this clip
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EconTalk
Jason Zweig on Finance and the Devil's Financial Dictionary
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