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Home > Knowledge at Wharton > ’Rewarding Failure’: Will the Crisis Leave a Residue of Moral Hazard?
Podcast: Knowledge at Wharton
Episode:

’Rewarding Failure’: Will the Crisis Leave a Residue of Moral Hazard?

Category: Business
Duration: 00:12:18
Publish Date: 2009-07-08 16:18:09
Description: The federal government has poured hundreds of billions of dollars into the banking system and most experts seem to agree that the financial crisis is closer to its end than its beginning. But as attention shifts from fire fighting to rebuilding many are worrying about the ”moral hazard” that may remain with an apparent government safety net encouraging a new round of foolish risk taking.

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