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Bailout

: Calculated Risk

IMF Official: World's Regulatory Supervision Shockingly Inadequate

By Anonymous

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From Tom Abate at the San Francisco Chronicle: Financial leaders dissect meltdown
"What is quite shocking," [John Lipsky, a senior official of the International Monetary Fund] said, is how inadequate the world's regulatory supervisors were in curbing the lax lending standards at the heart of the housing and credit bubbles.
Shocked? Hmmm ...

Full post as published by Calculated Risk on March 13, 2010 (boomark / email).

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