Skip to main content

Banking Crisis caused by Greed and Fear

In his interview with Project Manager Today magazine, Professor Scott-Quinn cited many other factors of the world banking system that had inevitably contributed to this crisis we are experiencing. He went on to say that simply reversing the problems that have been caused would not prevent future ones.

He added that markets have always been seen as rational, and that ?If rational expectations are not an adequate model of reality, then policy must take account of actual human nature and not be based on ?rational human man''

For the full article please click here.

Published 7 August 2009

You might also like

The markets got it wrong again - time to bet on uncertainty?

9 June 2017
The markets got it wrong, again

High-achieving MSc Students scoop Eurekahedge Prize

30 May 2008
Two of the ICMA Centres top performing MSc students were awarded with the Eurekahedge prize. First place was awarded to Vladimir Zdorovenin, MSc International Securities and Investment Banking, with Duncan Green, studying on the MSc Investment Management programme as the runner-up.

Video: Dante's Inferno and Finance in the middle ages

17 October 2016
"Today you might lose your knighthood, but in the middle ages you'd end up in hell"