Was the financial crisis wasted? | Howard Davies

While regulation has been strengthened since the crisis, its implementation remains patchyAs the 10th anniversary of the start of the global financial crisis approaches, a wave of retrospective reviews is bearing down on us. Many of them will try to answer the big question: has the financial system been fundamentally reformed, so that we can be confident of preventing a repeat of the dismal and destructive events of 2008-09, or has the crisis been allowed to go to waste?There will be no consensu