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Avinash Persaud Argues Against Standard Market Regulation

5 years ago15 views

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Avinash Persaud Argues Against Standard Market Regulation
Gresham College - Gresham College
One of the puzzles of the 2007/8 credit crunch is how a relatively small loss of capital in a tiny market segment was transformed into a global financial crisis costing close to $1 trillion and sending the world economy into slowdown.Key players in this tragedy are a set of legal and accounting principles that are well-meaning, but turn financial hiccups into liquidity black holes.Avinash Persaud, founder and Chairman of Intelligence Capital, discusses regulatory solutions that would avoid this happening next time - Gresham College

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