US Crisis - Lessons from Indescriminate De-Regulation

The ongoing financial crisis in US gives an oppertunity to leanback and think twice before allowing indescriminate de regulation of financial sector. The nature of banking is not as it was before globalisation. With the world interlinked through the web of financial institutions, the nature of banking organs also changed forever. There are a lot of new forms of operations came in to existence. One of such is Investment banks.