Forum (Forum & Focus)
Oct. 17, 2008
Transparency Should Be the Cornerstone of Our New Financial System
Just as democracy requires transparency so that voters can hold elected officials accountable, so the financial system requires transparency so that investors can understand the risks associated with certain assets or transactions, writes Peter Scheer. - Forum Column
FORUM COLUMN
By Peter Scheer Economists and historians will be debating for years the causes of the financial crisis that, like a global array of dominoes, now threatens to take down the "real" economies of countries big and small, both "developed" and "emerging," in a massive flight from investment risk unlike anything experienced since 1929. To the experts' lists of causes, let me add a lack of information - specifically, the systemic fa...For only $95 a month (the price of 2 article purchases)
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