21 Oct US Economy through the Rear-View Mirror
Posted at 14:40h
in Credit Spectrum
As the world struggles with economic meltdown, the search for solutions requires a thorough understanding of the roots of the problem. If you think you’re confused, the presentation by R&R’s Ann Rutledge at the Japan Society on October 2, 2008, will show you why. Ann’s conclusion? “Without bringing these facts to light and holding an open debate on the policy question of what are appropriate boundaries of profitability and piracy for the banks, I would argue, it will be difficult to put the financial system back on a sound footing.”