Financial Crisis One Year Later: Proceedings of a Panel Discussion on Lessons of the Financial Crisis and Implications for Regulatory Reform, The
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Authors
Aronson, Bruce E.
Issue Date
2010
Volume
43
Issue
Type
Journal Article
Language
Keywords
Alternative Title
Abstract
INTRODUCTION|One year after the fall of Lehman Brothers marks a convenient dividing line in our government's response to the worst financial and economic crisis since the Great Depression of the 1930s. We have completed Phase I-stabilization of the financial system-and are gearing up for Phase II-reform of the financial system's regulatory structure. The crisis invoked unprecedented governmental responses to stabilize the financial system and prompted a far-reaching rethinking of assumptions which were widely accepted over the past two decades concerning the roles of markets and regulation. The outcome of the debate concerning the appropriate extent and form of government regulation will strongly affect the nature and extent of financial system reform measures that are eventually enacted. This introductory essay and the proceedings of the panel discussion which follow explore lessons of the financial crisis and implications for regulatory reform from a variety of perspectives...
Description
Citation
43 Creighton L. Rev. 275 (2009-2010)
Publisher
Creighton University School of Law