Insufficient information available to make sound policy decision
Neither lawmakers nor ordinary citizens had enough information to properly assess the real risks, the need for action and what an appropriate course of action might be.
CONTEXT(Help)
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The Global Financial Crisis »The Global Financial Crisis
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How should the US and other governments respond? »How should the US and other governments respond?
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Measures to alleviate the immediate symptoms? »Measures to alleviate the immediate symptoms?
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The Emergency Economic Stabilization Act 2008 »The Emergency Economic Stabilization Act 2008
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Insufficient information available to make sound policy decision
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No one knows the true market price of the dodgy assets »No one knows the true market price of the dodgy assets
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Scale of uncertainty made some form of action necessary »Scale of uncertainty made some form of action necessary
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