TOPIC III: What solutions will future democratic leaders implement to build a virtuous financial system?
– What are the solutions that the future leaders propose to put the financial system again at the service of the real economy?
– Will the newly elected leaders have the courage to reestablish the stability of financial markets?
– Will they fight against the continuation of certain unacceptable financial practices?
– Will they be ready to accept sacrifices that are needed to moralize the economy and clean up the financial sector?
– Separation of retail banks and investment banks: the UK is one step forward, what will the US and the UE do?
– What would be the real efficiency of the measures that have been advocated recently (Tobin tax on financial transactions, Eurobonds, ban of short selling, golden rule on public deficits)
Daniel Mitchell, Senior Fellow, Cato Institute, Washington
Peter Andrews, Head of Economics of Financial Regulation Department, Financial Services Authority (FSA), London
Georges Ugeux, Former EVP of International & Research for NYSE, Chairman & CEO, Galileo Global Advisors, New York
Hans-Peter Bauer, Member of the Board of the Basel Institute on Governance, Senior Advisor to the Wolfsberg Group
Olivier Delamarche, Partner and manager, Platinium Gestion, Paris
Paul Atkins, former Commissioner of the Securities & Exchange Commission