Experience Stern | News & Events

Excerpt from The Wall Street Journal -- "'Regulation gets tighter after busts because people say, "We don’t want to have another financial crisis," and then it loosens during booms as the bankers complain that the rules are too stringent or just find ways around them,' says Richard Sylla, a financial historian at New York University’s Stern School of Business. 'This has been going on in the U.S. since the very beginning.'"

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