Finance
Finance Watchdogs Raise Alarm as Their Dire Warnings Ignored
- Policymakers bat for stability, fear 2008 lessons forgotten
- Governments have been backing away from financial regulations
Regulators were once the top dogs at annual meetings of the International Monetary Fund, with audiences hanging on to their every word that potentially signaled measures to end multibillion-dollar bailouts and devastate bank share prices.
Not anymore.