RICHMOND, VA--(Marketwire - February 17, 2010) - The efficient market hypothesis holds that
financial markets are good at uncovering information about an asset's
"true" value. But if financial markets are efficient, critics argue, how
could investors have gotten things so wrong in the housing and
securitization markets? This featured article in the latest issue of
Region Focus surveys the debate over this prominent economic theory in the
wake of the financial crisis.