Knowledge@wharton

As officials worldwide scrambled to contain the spreading financial virus hopes are rising that the latest government plans to purchase equity stakes in banks may finally offer the right medicine. And with the patient showing intermittent signs of improving thoughts turn towards next steps including new restrictions on the markets. In addition expect individuals and business to have a tougher time getting loans for years -- not just months. And watch for authorities to prescribe greater transparency stricter capital requirements to reduce leveraging and more standardized financial contracts to push opaque securities into the sunlight. See acast.com/privacy for privacy and opt-out information.