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Lessons from the Financial Crisis
By Sam Del Rowe (original source CFA Institute)
“Roughly seven years removed from the outbreak of the global financial crisis, there is still much to be learned about what caused the crash and how better to prevent similar meltdowns from occurring in the future.
Sheila C. Bair, who chaired the US Federal Deposit Insurance Corporation (FDIC) during the crisis and currently serves as chair of the Systemic Risk Council (SRC) as well as president of Washington College, provides an insider’s view into the origins of the crash and discusses how the system can be made more stable, during a Take 15 interview with Ron Rimkus, CFA.”
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