Website review: FT.com / In depth - Economic uncert...

dysviz dysviz discovered this in Business 1 reviews since Jan 20, 2008
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dysviz discovered 7 months ago
With the state of the financial world having seen a dramatic turnabout in the past year, WEF organisers have staged a series of high-profile debates on financial stability and banking risk, and there will be a flurry of senior bankers in attendance, ranging from JPMorgan's Jamie Dimon to Goldman Sachs' Lloyd Blankfein - as well as some of the newly appointed Wall Street chief executives such as John Thain at Merrill Lynch. As striking is the large contingent of senior US regulators and policymakers - a reflection perhaps of the pressure the US financial community feels to convince the rest of the world that it has the country's banking woes under control. For while Hank Paulson, US Treasury secretary, has had to cancel a planned appearance due to the looming US fiscal package, Timothy Geithner of the New York Federal Reserve, Christopher Cox of the Securities and Exchange Commission are among those in attendance. They will be joined by a clutch of senior European policymakers - such as Jean Claude Trichet of the European Central Bank and many European finance ministers - allowing a flurry of transatlantic behind-the-scenes debate about global policy responses to the credit crunch before next month's crucial meeting of the Group of Seven finance ministers and the spring meetings of the International Monetary Fund and World Bank.
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