IMF Slammed For Failing To Spot U.K. Crisis

10 Feb 2011

The International Monetary Fund’s Independent Evaluation Office has blasted the IMF for downplaying risks that eventually caused the financial crisis in the U.K. A

The International Monetary Fund’s Independent Evaluation Office has blasted the IMF for downplaying risks that eventually caused the financial crisis in the U.K. A 50-page assessment of the IMF’s behavior in the run-up to the crisis was characterized by “overconfidence in the soundness and resiliency of ...

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