FYI: A decade since the devastating global financial crisis struck, we still don’t have a clear accounting for who’s to blame. Playing the blame game may be somewhat unseemly, but to avoid another crisis it is critical we understand who’s at fault.
There is plenty of blame to go around. The crisis wasn’t the result of one or two missteps, but the conflation of many mistakes. Nearly all of us were sucked into the euphoria of the time.
Regards,
Ted
https://finance.yahoo.com/news/risk-taking-corner-debt-markets-sounds-bit-familiar-165601139.html
