What Alan Greenspan Has Learned Since 2008
Harvard Business Review
JANUARY 7, 2014
The boom-bust tendencies of Wall Street mean we need tougher capital requirements for banks, Greenspan now says, and maybe even a forced return to the partnerships that once dominated investment banking. The data show unequivocally that fear is a far more dominant force than euphoria. And I say a bubble. But they can change the law.
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