Obama's conservatism may not prove good enough
from FT Martin Wolf
The more the crisis unfolds, the more evident it is that incentives in the financial system were (and are) badly distorted, says Martin Wolf. At the end, will the number of institutions thought 'too big to fail' be as large as now and, if so, how will they be controlled?
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This episode was published on May 12, 2009.
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