RegulationAug 10 2016

Only laws and political will can stop a rerun of 2008

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The global financial system came to the edge of ruin during the 2008 financial crash. Despite the enormity of the political and economic problems caused by the crash, fundamental reforms have not occurred, and many of the same dangers – cheap credit, unfettered capital, reckless behaviour – lurk again in 2016. So what needs to be done to reform ‘Big Finance’, and what role can the law play?

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