“Local to Global” Financial Conference a Success
November 5, 2009
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