McGeorge School of Law

“Local to Global” Financial Conference a Success

November 5, 2009

Kate Baragona and Professor Frank Gevurtz

Kate Baragona, '90, an international banking expert with Citigroup, makes a point as she shares the dais with McGeorge Professor Frank Gevurtz.

McGeorge's Global Center for Business and Development brought together some of the leading financial experts in the world for a mid-October conference that explored the future of financial regulation.

Professor Gevurtz radio interview about the global financial crisis on Capital Public Radio's Insight program.

"Local to Global: Rethinking Spheres of Authority after a World Financial Crisis" addressed the following questions:

  • Should there be a supranational regulator of financial markets and institutions?
  • Are sub-national units of government (example, the state courts of Delaware) the appropriate regulators for institutions with significant worldwide economic impact?
  • Does the lack of a strong central government in the European Union prevent the European Union from taking a sufficiently robust response to the crisis, as, for example, in the event of sovereign defaults in Eastern Europe?
  • Who regulates units of government when they act as participants in financial markets?

See also: Clawbacks: Prospective Contract Measures in an Era of Excessive Executive Compensation and Ponzi Schemes