A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.
Henry Paulson Quotes
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Regulation needs to catch up with innovation.
Topics in UncategorizedTags in Regulation, Innovation
Henry Paulson (57)
Birth: | 28th March, 1946 |
Nationality: | American |
Profession: | Banker, Chairman, Chief Executive Officer, Politician |
About
Hank Paulson is an American banker who served as the 74th United States Secretary of the Treasury. He had served as the Chairman and Chief Executive Officer of Goldman Sachs, and is now chairman of the Paulson Institute, which he founded in 2011 to promote sustainable economic growth and a cleaner environment around the world, with an initial focus on the United States and China.
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