Eric LeCompte, Executive Director of Jubilee USA was recently quoted in The National speaking on transparency and changes in financial policy in the decade after the financial crisis. Read excerpt below and follow link to full article.
A decade after Lehman's collapse, challenges remain
Eric Le Compte, executive director at Jubilee USA Network, agreed. “We’ve seen some progress on [reducing] risky and predatory lending and the US Dodd-Frank Act [of 2010] helped increase transparency in banking,” he said.
“But we still need debt work-out processes to help stop a crisis and greater laws around responsible lending to prevent the conditions for a crisis.”
Read more here.