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The Financial Crisis and The Collapse of Ethical Behavior
Price: Free
Report Format: PDF
Date Published: December 2, 2008
Most assessments of the financial crisis identify as the source of the problem such issues as poor risk controls, too much leverage and an almost willful blindness to the bubble-like conditions in the housing market. However, Greycourt & Co. feels that the root cause was the gradual but ultimately complete collapse of ethical behavior across the financial industry.
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