专栏华尔街

Wisdom for a punch-drunk Wall Street

Book review: The Road to Financial Reformation by Henry Kaufman

Henry Kaufman, the economist and Wall Street elder statesman, gives the lie to the notion that no one saw the financial crisis coming. He was not alone, but was earlier than most, in seeing the structural flaws in the financial system and in central bank thinking that led to the debacle of the past two years.

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