EDHEC-Risk: Was the Crisis Financial?

On the 5th anniversary of the great meltdown of 2008, it’s not a bad time to re-read a 2012 article by Noël Amenc (Professor of Finance, EDHEC Business School and Director, EDHEC-Risk Institute), wherein he made the interesting argument that hedge funds, speculators, et al. really were not to blame for the financial crisis of 2008.

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