The Financial Crisis of 2008 – May We Never Forget the Lessons Learned

The subprime lending crisis of 2008, which led to significant distress in the financial markets, was a disaster of mega proportions. Its root causes are many, making it systemic in nature as opposed to a one-off situation in a specific company. Those left standing when the music stopped without the proverbial chair to sit in paid the penalty.

In this article, Protiviti’s Jim DeLoach offers his insights on the lessons we can learn from the crisis as we look forward and cope with a changing world.