Commentary: Crisis offers many lessons about risk

02/9/2009 | Financial Times (free content)

Lloyd Blankfein, CEO of Goldman Sachs, discusses some of the lessons learned from the financial crisis. "Financial institutions have an obligation to the broader financial system," Blankfein writes. "We depend on a healthy, well-functioning system, but we failed to raise enough questions about whether some of the trends and practices that had become commonplace really served the public's long-term interests."

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