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International Law

: Law of the EMU and euro

FCIC: "Financial crisis could have been prevented"

By Atilla Arda

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The US Financial Crisis Inquiry Commission (FCIC) has concluded that the crisis of 2007-2009 was avoidable?the result of human actions, inactions, and misjudgments. Warnings were ignored. ?The greatest tragedy would be to accept the refrain that no one could have seen this coming and thus nothing could have been done....

Full post as published by Law of the EMU and euro on January 28, 2011 (boomark / email).

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