Ex-MPC members offer solutions to crunch

A financial stability committee, a derivatives exchange and a pan-EU regulator were among the ideas suggested to stave off future credit crises by an influential group of British-based economists on Tuesday.

In a parliamentary hearing on the banking crisis, Willem Buiter and Charles Goodhard, two former members of the Bank of England's Monetary Policy Committee who are both now professors at the London School of Economics (LSE), and Jon Danielsson, their colleague at LSE, offered their though

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