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The burst of the US real estate bubble and the resulting bust of subprime credit was the main reason for the heaviest economical crisis since the Great Depression. Everybody vows that it shouldn’t and must not happen again, but let … Continue reading
During the financial downturn the public spotlight caught the issue of banker’s payments and generally excessive management benefit packages. Though, governments only managed to set restricting to a limited extend. The before/after comparison.
Ever since the start of the Financial Crisis, everywhere around the world governments are trying to find general applicable regulations that make sure such a crisis will not occur again.