From the Fall 2008 issue
Should these institutions be disenfranchised? Or are effective reforms possible? Fourteen distinguished experts rate the raters.
From the editors.
What the Europeans really think about America’s regulatory blunders.
Germany’s top regulator says it’s time the industrialized world swallow its pride and implement some aggressive regulatory reforms.
A European deposit insurance system, complementing monetary union, can help to contain the European race to the bottom in financial sector subsidies and regulatory arbitrage.
Sitting idle while the neighborhood burns.
Obama’s victory is a huge step forward. Now to action.
Consider four factors.
Two overlooked structural mismatches.
When U.S. foreign policy bumps up against banking and finance.
The slow pace of litigation.
Two distinguished authorities on world trade sound off on protectionism, foreign investment, and national security.
Now Paulson’s ongoing nightmare.
Why U.S. Treasury Secretary Hank Paulson should approach the banking crisis more like a regulator.
Suicide? Murder? Accidental death? Or a case of organ failure?
Why we’re not yet out of the woods.
It’s impossible to separate charlatans from talented wizards.
Lessons on how not to respond to a financial crisis.
Why America’s experience may be worse.
A top Hong Kong analyst sets the stage.