Tuesday, June 16, 2009

Lack of Regulation Didn't Cause the Crisis and More Rules Won't Prevent the Next One: Tech Ticker, Yahoo! Finance

Definitely not the best video ever (Ex. SOX was not designed to prevent these type of problems), but it does get the point across that regulation for regulation sake is not a good idea, that people will find ways around regulations, and that hedge funds did not cause the problems, banks (which were already heavily regulated) caused the problems. (Watch the video). Lack of Regulation Didn't Cause

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