Discussion - Ron Parker
نویسنده
چکیده
One of the main points of the paper is the importance of addressing conflicts of interest in a way that will not reduce the information flow to financial markets. While a number of remedies are already in place, putting the bubble and fraud into a somewhat broader perspective, in order to avoid further remedies that might do more harm than good, could be worthwhile. Although one would not want to be seen as condoning the outcomes of conflicts of interest, the key lesson is that bubbles or manias, and particularly fraud, have been features of the economic landscape for a long time.
منابع مشابه
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تاریخ انتشار 2004