| 01.08.2008 Other Voices: Moral hazard argument can be hazardous to your health - more investors question governments will never let their largest banks fail |
| From Shahriar Shahida, Chief Investment Officer, Constellation Capital Management LLC, New York (www.constellationcapital.com). This article is a reflection on the current dislocation in the credit markets and the danger of moral hazard as the government deals with this crisis.
Emerging markets investors are no strangers to the pitfalls of investment themes that are merely based on Moral Haza |