On the recordFebruary 23, 2009
It seems to me that an understanding of human psychology on both the individual and the group level is at least as important as quantitative analysis in getting this resolved.
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Evan Bayh
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congress.govEvan Bayh: “It seems to me that an understanding of human psychology on both the individual and the group level is at least as…”
Editor's note · Context
Senator Bayh highlights the importance of psychological factors in resolving the financial crisis.
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These men and women will be the builders who will be responsible for taking abstract concepts and turning them into a reality.
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Capital liquidity standards, resolution protocols, how we handle derivatives, all those kinds of things, it is just important that we harmonize as much as possible.
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And the more protracted this foreclosure problem, the more that delays recovery.