Many people are bewildered and confused by the financial crisis, what caused it, why nobody seemed to see it coming, why nobody did anything about it, and what we should do now. They look to their leaders - whether the G20 or national politicians - to explain it, to sort it out, to prevent it in the future.
April 01, 2009 at 09:33 PM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy special global counsel Philip Wood investigates what really caused the financial crisis and asks what needs to happen now
Many people are bewildered and confused by the financial crisis, what caused it, why nobody seemed to see it coming, why nobody did anything about it, and what we should do now. They look to their leaders – whether the G20 or national politicians – to explain it, to sort it out, to prevent it in the future.
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