The result is a “natural order” but a regulation for the rich and powerful In the first part of his analysis, Professor Juan Torres Lopez criticized the disinformation of the citizen as a management courses condition necessary to be given the current economic circumstances. Furthermore, dismounting the figure of the “market” as the entity to which to attribute the progress of the economy. In this second part discusses the role of deregulation and the financial shenanigans institutionalized by the Bush administration in the U.S., among others. As I explained in other articles, what has happened in recent times school rankings is that banks around the world and major investors have developed a business school feverish speculative activity around financial products that have very special characteristics. Opacity The first is its opacity because almost nobody really knows who they business schools are or where they are or who have them at all times, since business administration moving too quickly, without having anything to do with real economic transactions. Where are reflected ‘The second is that were not adequately reflected in the accounts of banks and companies that invest directly or indirectly on them. High-risk The third risk is enormous, precisely because they rely on highly volatile and subtle operations. The hold funds and investments, all managed by is the founder and managing member of Roslyn, N.Y.-based school of management Interested Descontrol The fourth is the lack of control that are subject to two main reasons. First, because central banks have been turning a blind eye as long as investors make money. On the other, because their risk rating depends on specialized companies at the same time, are very involved in the business and who were not interested in showing the true and dangerous nature of these products. The deregulation All these circumstances are the result of the “financial deregulation”, ie the disappearance of school of business rules for regulation and control of financial markets that has occurred in recent years. The deception a “deregulation”, incidentally, is not it, because there are no set rules, everyone can do as it pleases is itself a distance learning standard but, so talk of “deregulation” is also fool people. The reverse: strong regulation is made to believe that this is done to return things to market its natural state when in fact it continues to regulate with great force, only now in a powerful field that freely their respects. Breeding ground and it is precisely this rule that financial markets worth all that has caused the current crisis, in addition occur in a context already prone to financial crises. New regulation neoliberal In particular, this new neo-liberal regulation of international finance has been that established a new way of doing banking business and has a very direct relationship with the current crisis directly from the United States (unlike the previous graduate school originated in weakest link in management school the chain, in business degree Asia, Mexico, Russia …). Bush’s reforms I am talking about legal changes enabling President Bush several years ago in relation to company business accounts and allowed large investors, corporations and banks to manipulate their profit and loss figures to continue investing tirelessly on these financial products as profitable but at the same time as uncertain and risky. These legal changes have consequences in turn had two consequences.