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Franklin Allen: Global Financial Markets

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Uploaded by on Apr 27, 2009

Wharton Professor Franklin Allen lectures on the underlying causes of the financial crisis, from the mass-securitization of mortgages to the failure of the financial regulatory system. He also discusses the role uncertainty plays in depressing asset prices in this segment of his lecture for Wharton's new course, The Economic & Financial Crisis: Causes, Consequences, and Policy Options.

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