As we approach the third anniversary of the beginning of the global financial crisis, one expert believes that it’s not enough to rely on new regulations to prevent future disasters—a fundamental change in mindset is required.
Rex Ghosh, a Harvard PhD economist who has worked in the financial markets for more than 20 years, currently with the International Monetary Fund, believes that the very culture of the financial sector needs to shift back to basics as the economy limps out of recession.