151. Lessons Learned from the Financial Crisis – Federal Reserve Bank of New York

July 7, 2009 § Leave a comment

Note there is no reference to pain, foreclosures, lost jobs, as metrics to learn from.

William C. Dudley, President and Chief Executive Officer

Remarks at the Eighth Annual BIS Conference,

Basel, Switzerland

In assessing the lessons of the past two years, I will focus on five broad themes that are interrelated:

Interconnectedness of the financial system

System dynamics—How does the system respond to shocks?

Incentives—Can we improve outcomes by changing incentives?

Transparency

How should central banks respond to asset bubbles?

via Lessons Learned from the Financial Crisis – Federal Reserve Bank of New York.

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You are currently reading 151. Lessons Learned from the Financial Crisis – Federal Reserve Bank of New York at Reflections on GardenWorld Politics Douglass Carmichael.

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