Forecast Surprises, Successes and Slip-Ups
Moody's Talks - Inside Economics
00:00
The Return on Equity of the Banking System After the Financial Crisis
Despite the higher levels of capitalization and despite the more restrictive regulatory environment, return on assets is not much lower than it was prior to the financial crisis. "The thing that I missed and in hindsight, it's always like, you idiot, how could you miss this? This is the distribution," he says.
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