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A year ago we could not have imagined the depths of the current financial crisis, says Marshall Carter, chairman of the New York Stock Exchange (NYSE) and deputy chairman of NYSE Euronext. Carter offers his expert opinion on the causes of the current [...]economic crisis, and how the United States can recover, at the Edward Lane-Reticker Speaker Series. He blames the compounding of problems, such as dangerous lending, the failure of CEOs and boards to properly provide risk management, the use and growth of credit default swaps, and the housing market crash, for leading to the financial tailspin.
Hosted by School of Law's Morin Center for Banking and Financial Law on April 15, 2009.
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