Financial reforms have treated symptoms, not causes, says former senior US govt adviser

Institutions

“A lot of financial reforms have treated symptoms, not underlying causes” says Zoltan Pozsar at FT Camp Alphaville, a former senior advisor at the U.S. Treasury Department and now a director at Credit Suisse AG.

Search for yield is still dominant & cash pools are still around. Without addressing these drivers, how can we become responsible investors?

Read more at: http://blogs.wsj.com/economics/2015/03/17/what-we-dont-talk-about-when-we-talk-about-shadow-banking/

Back to all

Read next post

Video: What can Investors do about the crisis in banking?

12 May 2013