The Financial Crisis and Scapegoating
The Financial Crisis and Scapegoating
The Financial Crisis and Scapegoating (4)
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Thursday, 23 October 2008 14:24
Who's to Blame for the Financial Crisis? Not Who You Think
Written by Keith Ross
With banks failing and government officials searching for a way to calm investors and prevent a freezing of capital markets, many are wondering how we got into this mess in the first place. While the situation is a complex one, the financial crisis is understandable. One of the goals of this article is to follow the trail of events back to the root cause and explain it all in layman’s terms. But the search for the root cause is complicated by another factor, something that accompanies all crises, and that is the need to assign blame and mete out punishment. If that need dominates over a reasoned analysis, we get scapegoating instead of understanding.
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The Financial Crisis and Scapegoating
Should we blame the CEOs for the financial crisis? Does the "golden parachute" lead to corruption? Let us know your thoughts.
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The Financial Crisis and Scapegoating
Thursday, 23 October 2008 14:29
Financial Crisis 2: Let's Blame the Shortsellers
Written by Adam EricksenKeith Ross, founder of the Raven Foundation, analyzes the role of short sellers in the financial crisis.
Who do you think is to blame?
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The Financial Crisis and Scapegoating
Thursday, 23 October 2008 14:31
Financial Crisis: Scapegoating's Perfect Storm
Written by Adam EricksenSearching for the truth amid accusations of blame. Are we headed for a category 5 scapegoating event? A conversation with Raven Foundation founders Keith and Suzanne Ross.
Who do you think is to blame for the crisis?
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The Financial Crisis and Scapegoating