Mar 19 2010
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“ Given the financial crisis of the last two years, exploring “financial innovation” for the social sector and low-income communities seems a bit ironic. And rightfully so. The mismanagement of financial tools like credit default swaps and sub-prime mortgages have led to one of the worst crises in the last century. Yet, as we have been studying in our MIT Sloan business school course, financial innovation is like fire, it can burn the house down, but it can also do a lot of good.
— Beyond Profit magazine is featuring our finnovation course this week. Read our intro post here.
