Conflict of interest leads to imperfect information flow
The clear conflict of interest at work in this uneasy relationship leads to an imperfect or incomplete flow of information to the central banks / regulators.
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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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Resources of regulators limited in comparsion to market players »Resources of regulators limited in comparsion to market players
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Regulators rely on banks to tell them what is happening »Regulators rely on banks to tell them what is happening
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Conflict of interest leads to imperfect information flow
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