Big Data

Don't Blame Goldman Sachs: What Really Went Wrong

Date Added: May 2010
Format: Podcast

Critics anxious to blame Goldman Sachs as a key player in the recent financial crisis should point the finger elsewhere, Thunderbird Professor F. John Mathis, Ph.D., said April 26, 2010. Mathis, director of Thunderbird's Global Financial Services Center, said the real problem was the failure of central banks to manage excess liquidity in global markets from 2003 to 2007. In this interview, he discusses lessons learned from the crisis and keys to avoid a similar meltdown in the future.