In the fall of 2008, fifteen of the world's leading economists - representing the broadest spectrum of economic opinion - gathered at New Hampshire's Squam Lake. Their goal: the mapping of a long-term plan for financial regulation reform. This title distills the wealth of insights from the collaboration that began at these meetings.
""The Squam Lake Report" is an excellent primer on the workings and failures of today's sophisticated financial system. Few can fail to be impressed with the scholarship the Report brings to the subject of reform."--Alan Greenspan
""The Squam Lake Report" makes an important contribution to the debate on financial regulation, highlighting many interesting and innovative ideas that should be considered by all those studying how a future crisis can be avoided."--Mervyn King, Governor of the Bank of England
"Insightful and highly relevant."--Markus K. Brunnermeier, Princeton University
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The Squam Lake Report is an important book in a growing library of commentary on the worst financial crisis since the Depression. It delivers good and clearly written recommendations and reviews most of the key issues surrounding the crisis."
---Mark S. Rzepczynski, Financial Analysts Journal