Vast scale of rewards encouraged complicity with system
The vast scale of the individual and corporate rewards available as the market grew and evolved strongly incentivised the participants not to rock the boat.
CONTEXT(Help)
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The Global Financial Crisis »The Global Financial Crisis
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Immediate triggers of the financial crisis? »Immediate triggers of the financial crisis?
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Pathology in the Credit Default Swaps market »Pathology in the Credit Default Swaps market
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Vast scale of rewards encouraged complicity with system
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Assymetrical benefit/risk structure incentivises big risks »Assymetrical benefit/risk structure incentivises big risks
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