Money Makes the World Go Round

The Leonard Lopate Show | Jun 1, 2010

Since the global financial meltdown began in 2008, governments around the world have tried to find new ways to strengthen market regulations, with varying degrees of success. 

Hal S. Scott, Nomura Professor and Director of the Program of International Financial Systems at Harvard Law School, explains why countries like Germany and the United States are developing dramatically different regulations in response to the economic meltdown.

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