Does the added regulation, oversight help prevent the problems that led to the 08 crisis? Also curious to know what/how these learnings manifest themselves outside of goverment imposed regulations.
Yes, that is kind of a point. Outside of regulation the learnings manifest themselves in models that better capture tail, correlation, and liquidity risks.
Comments
Does the added regulation, oversight help prevent the problems that led to the 08 crisis? Also curious to know what/how these learnings manifest themselves outside of goverment imposed regulations.
Yes, that is kind of a point. Outside of regulation the learnings manifest themselves in models that better capture tail, correlation, and liquidity risks.