The K@W Network:
The trigger for another downturn could come from anywhere, according to Wharton Dean Geoffrey Garrett. The question is: Will it be a correction or a crisis?
Most analysts say occasional financial crises are inevitable. So where are the biggest risks now? A panel of experts, including some who were in the historic meetings at the New[…]
The failure of credit rating agencies to identify the risks of mortgage-backed securities led to huge losses in the Great Recession. The industry needs to change the way it thinks[…]
Central bank policies since the financial crisis have been far too accommodating and are setting the stage for another big fall before long, according to a new book.
Misperceptions about the key drivers and impacts of the housing crisis persist -- and clarifying those will ensure the same mistakes aren't repeated, Wharton experts say.
Wharton’s Philip Nichols and Thorvaldur Gylfason of the University of Iceland share insights about why the economic recovery has worked but the political one hasn’t.
There was a big debate about whether to grant GM and Chrysler a bailout. Even those leaning in favor were not sure it would work. Wharton and other experts explain[…]
Wharton experts say that new regulations in the U.S. and Europe since the financial crisis are a good start, but more needs to be done.
Reform of Fannie Mae and Freddie Mac, strong oversight and improved affordable housing supply are critical needs, say experts.
While regulatory reforms since the global financial crisis have increased the resilience of the banking system, some risks have shifted to less regulated institutions and markets -- creating potential vulnerabilities.