I commented last week on a blog post by leftist Aussie economist John Quiggin , who blamed the financial collapse on investment banks, and suggested that either: (i) investment banking should be much more heavily regulated ("Properly done, regulation of this kind would kill off investment banking...
Posted to
TT's Lost in Tokyo
by
TokyoTom
on Sat, Oct 10 2009
Filed under: John Quiggin, limited liability, moral hazard, investment banks, banking