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An Interview with Professor Jonas Heese

by Jonas Heese

Compendium

Jun 07, 2023

I found myself noticing repeated market failures and persistent misconduct. Just think about the last couple of months — problems surfaced for FTX, the Silicon Valley Bank, and the Adani Group in India. Sometimes, these issues happen because of a few rogue employees, which raises questions of why management didn’t spot the problem beforehand or, in cases of systematic failure, why regulators didn’t spot the problem