A Handful of Sages

Erik Banks

Chapter 7 in See No Evil, 2011, pp 130-146 from Palgrave Macmillan

Abstract: Abstract Lest you think that everyone involved in banking, politics, regulation, and lobbying is either a buffoon or involved in something nefarious, I am happy to present in this (unfortunately rather short) chapter, the exceptions that prove the rule: the small cadre of experts who saw the freight train barreling down the tracks, sometimes with unbelievable accuracy. They deserve kudos and many of us probably wish, in retrospect, that we would’ve heeded their advice, warnings, or counsel – they were dismissed as just so many Cassandras. Perhaps they can serve as “leading indicators” in the future?

Keywords: Housing Price; Housing Market; Hedge Fund; Mortgage Market; Bank Risk (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29917-7_8

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DOI: 10.1057/9780230299177_8

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