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    Why Greenspan's Framework Went Awry

    5min Business

    by 5min Business

    Author Nassim Taleb and Nobel Laureate Daniel Kahneman discuss the intricacies of the financial crisis and its far-reaching influence.Looking forward, they offer proposals to remedy the situation and prevent it from ever recurring. In this segment, Kahneman talks about Greenspan's framework and what went wrong in it.