Common sense would lead one to believe that a gigantic crisis followed by a bailout and then reform legislation would compel banks and major financial institutions to be more transparent. Yet again, common sense doesn't apply to the financial sector or to the bodies responsible for regulatory oversight.
"What's Inside America's Banks?" by Frank Partnoy and Jesse Eisinger
Published in the Atlantic, January/February 2013
http://www.theatlantic.com/magazine/archive/2013/01/whats-inside-americas-banks/309196/?single_page=true&src=longreads
Eric
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