Thursday, October 29, 2015

TheStreet: Why Financial Crises Aren't Such a Bad Thing for Your Wallet

By SIMON CONSTABLE
In the seven years since Lehman Brothers failed, tipping the world into a financial crisis, the U.S. government has enacted a plethora of regulations to prevent another one.
But trauma aside, there are some tangible benefits to such a crisis, from a Darwinian winnowing of weak businesses to curbing extreme risk-taking. Here are some:

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