Lessons from a Financial Melt Down

By |September 1st, 2008|Leadership|

In whatever manner the current financial crisis on Wall Street is finally resolved and however many the causes that led to it, there is one cause that seems to lie at the root of all the rest—complacency. The Wall Street Journal and distinguished members of both major political parties have been warning for years about the dangers inherent in the practices and policies of FNMA and Freddie Mac, two institutions which supported and encouraged […]