Commercial banks and the financial market crisis of 2007/2008

Charles Wyplosz interviewed by Romesh Vaitilingam, 30 June 2008

Charles Wyplosz talks to Romesh Vaitilingam about the freezing of the interbank market as the commercial banks went from high-risk strategies to extreme caution, without taking any responsibility for their crucial role in the operations of the market and the wider economy.

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Topics:  Financial markets

Charles Wyplosz

Emeritus Professor of International Economics, Graduate Institute, Geneva; CEPR Research Fellow

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