Tuesday, March 31, 2009

WHERE WE ARE NOW ?

Socio economic division has widened in the world that created other ultimate problems.
The current global financial crisis has revealed many flaws.
1)
Unregulation in managment
2)
Credit rating agencies
3)
Audit firms
4)
Liberlization or free market ( wild market) concept
5)
Innovation did not allign with proper regulation
6)
"Take care of the present" future was largely ignored

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