考克斯圆桌会议moderncapitalismandfinancialcrisi.pptVIP

Modern Capitalism as the Solution to the Financial Crisis:The Caux Round Table Approach Stephen B. Young Global Executive Director The Caux Round Table Belgrade, December 2008 1 第一页，共五十七页。 2 第二页，共五十七页。 Financial meltdowns are a systematic Dysfunction of capitalism Tulip mania – 1620 Mississippi company France1719/1720 South Sea Company London 1711/1720 Wall Street 1929 Junk bonds 1980s Ds/telecom 1990s Sub-prime mortgages/CDOs 3 第三页，共五十七页。 Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one! Charles