- Upcoming LSR events
- 22 Sep 10 UK client seminar
London
The Monetary Merry-Go-Round, November 2008
International instability since 1968
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At this event in November 2008 we investigated three periods of monetary instability - the end of Bretton Woods in 1968, attempts at stabilistation between 1985 - 1987 via the Plaza Accord and Louvre and the 1976 Sterling Crisis. A key discussion with Paul Volcker, chairman of the Federal Reserve between 1979 - 1987, who witnessed each of these eras, examined whether there were any lessons to be learnt from these past events to guide us through the current financial turbulence.
Our speakers featured key British and international economic figures with unique insight into the events that have led to the recent global credit crisis.
Paul Volcker • Lord Lawson • Jacques de Larosière • Sir Alan Budd • Peter Jay • Charles Goodhart • Lord Donoughue • Charles Dumas • Brian Reading • Leigh Skene
On this occasion Paul Volcker gave a frank interview in which he offered his thoughts on the causes of the financial crisis, the culpability of elements of the banking system, and suggested ways in which banking activity should be regulated. These thoughts have now found legislative expression, and global attention, as the ‘Volcker Rule’.
To hear this interview please click on the player below. (The interview is 35 minutes long).
For further information click on the links below:
