Today's global financial and economic crisis may not have been foreseen by financiers and economists, but others who watched how markets were developing were more than worried. If those worries are to be allayed, the new financial architecture that many are calling for, and which, it is now apparent, is urgently necessary, must be supported by an ethical framework.
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TUBINGEN – Many say that the world financial crisis could not have been foreseen. Perhaps not by financiers and economists, but others who were watching how markets were developing – often with dismay – were more than worried.