Top Israeli academic in the US: "The 2008 crisis could happen again"

Prof. Anat Admati, a senior Israeli academic from Stanford University, warns in an interview with Globes that a financial crisis similar to that of 2008 could occur again. She criticizes the lack of enforcement against large corporations and calls for personal criminal liability for senior executives.

Prof. Anat Admati, a senior Israeli academic from Stanford University, warns that a financial crisis similar to that of 2008 could occur again. In a wide-ranging interview with Globes, she criticizes the lack of enforcement against large corporations and argues that financial fines are not deterrent. Admati cites Meta, Volkswagen, Boeing, and Purdue Pharma as examples of corporations that have abandoned the public interest. She calls for lowering the threshold for criminal liability for senior executives and imposing personal responsibility on corporate controllers. The article presents Admati's views without any counter-response from the mentioned corporations.