Failure of Financial Regulation

While most related literature focuses on short-term factors such as the housing bubble, low interest rates, the breakdown of credit rating services and the emergence of new financial instruments, the authors of this volume contend that the larger trends in finance which continue today are most relevant to understanding the crash.

In timp ce majoritatea literaturii conexe se concentreaza pe factori pe termen scurt precum bula imobiliara, ratele scazute ale dobanzii, defalcarea serviciilor de rating de credit si aparitia de noi instrumente financiare, autorii acestui volum sustin ca tendintele mai mari in domeniul finantelor care continua astazi cele mai relevante pentru intelegerea accidentului.