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Listen to events at Carnegie Council for Ethics in International Affairs. Speakers and interviewees include distinguished authors, government and UN officials, economists, policymakers, and businesspeople. Topics range from the ethics of war and peace, to the place of religion in politics, to issues at the forefront of global social justice. To learn more about our work and to explore a wealth of related resources, please visit our website at http://www.carnegiecouncil.org.
June 24th, 2011
Episode 601 of 1253 episodes
What is the underlying source of the current financial turmoil? It is not lack of technological knowledge about how to structure and to trade securities. It stems mainly from behavioral and ethical shortcomings, from regulatory failures, and from historical amnesia, says Henry Kaufman.