Here is the paradox of markets: they are bigger, more liquid and more lucrative than ever but mistakes by a handful of companies send shock waves around the world. All created by complex financial innovation and new fangled forms of money like derivatives.
Sphere: Related ContentHow can we tell whether a company will keep innovating? Check the language of the CEO, according to a new study. In their letters to shareholders, CEOs more focused on the future tend to lead their companies into more innovation.
Sphere: Related ContentHere is research showing that Sarbanes-Oxley stifles innovation in companies, large and small.
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