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Preventing the Next Financial Crisis: Research Symposium Opening, Part 3

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Uploaded by on Jan 6, 2009

Professor Bruce Kogut introduces Dean Glenn Hubbard, who opens this conference, organized under the auspices of the Sanford C. Bernstein & Co. Center for Leadership and Ethics at Columbia Business School. This conference brought together leading faculty, industry experts and financial journalists to explore lessons from the current financial crisis. Speakers discussed creating a new framework for regulation and incentive structures for tomorrow's financial markets, with an eye not only on stability but also on distributive fairness in society.

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  • There is no more investing in the markets because the hedge funds rape manipulate and pillage the markets on a daily basis. It is so out of control and unregulated that average investors will continue to lose. Stop believing this falacy that the market is cheap. The exchanges count on all this volume and manipulation from these entities as they make a fortune off their transactions and then in turn give a nice fat contribution to Congress. Dont you love the regulation and the license to steal?

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