"My research focuses on banking regulation in the United States and Germany between 1930 and 1960. Just recently I read a newspaper accounts stemming from the aftermath of the German financial crisis of 1931. If I hadn’t known that it was a piece from that time, I would certainly have thought that it was an article from today's times. Much the same issues they were discussing back then, such as banker's bonuses, excessive risk-taking, a lack of business-ethics, etc., are being discussed today as well. History doesn't repeat, but it does rhyme indeed..." read full interview |