Research & Insights

External Perspectives | October 2013

External Perspectives | October 2013

Financial Crisis: What Went Wrong?

Jonathan Neuberger, principal, Economists, Inc.

Financial markets around the world continue to suffer from declining asset values, heightened concerns about risk, lack of available credit, and prospects for a global economic slowdown. The speed with which this crisis developed surprised many observers. Nonetheless, the seeds of the current financial crisis the seeds of the current financial crisis have been apparent for some time.