Panic on Wall Street/Outrage on Main Street

October 3, 2008

The Centre for Corporate & Public Governance, North Americas first fully independent think tank and advocacy forum for higher standards of governance, ethics and transparency in major corporations and public institutions, has received numerous inquiries from major media outlets for its views on developments on Wall Street and the factors that have contributed to recent financial turmoil. 

It is the Centres view that the crisis, which has approached an historical inflection point in economic and banking disorder unseen in generations, is the predictable result of systemic failures in corporate governance, avoidable weaknesses in regulatory oversight and excesses in CEO compensation which it has been commenting on and warning about for a number of years. Many of these issues have been canvassed and commented upon by the Centres founder, J. Richard Finlay, on his widely read blog, Finlay ON Governance.

You can browse his blog or go directly to his unique and timely insights under the categories Panic on Wall Street/Outrage on Main Street and Subprime Meltdown.

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