Gresham College Lectures

The Nature of Financial Risk

• Gresham College

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0:00 | 21:26
Innovations in the financial world have led to the slicing up, repackaging and selling of risks. Does this spread risks better, or just move then around? When companies go bust, it is not the bankers who suffer, but the pensioners. Is this a better place for risks to end up? What determines...

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