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The Financial Crisis: Who is to Blame?

LSE Public Lecture


There is still no consensus on who or what caused the financial crisis which engulfed the world, beginning in the summer of 2007. A huge number of suspects have been identified, from greedy investment bankers, through feckless borrowers, dilatory regulators and myopic central bankers to violent video games and high levels of testosterone among the denizens of trading floors. There is not even agreement on whether the crisis shows a need for more government intervention in markets, or less: some maintain that government encouragement of home ownership lay at the heart of the problem in the US, in particular. In this public event to mark the launch of his new book The Financial Crisis: Who is to Blame?| Howard Davies charts a course through these arguments, and the evidence advanced for each of them.

Howard Davies is director of LSE. Prior to this, from 1997-2003 he was Chairman of the Financial Services Authority, the single regulator for the UK financial sector, which was created under his leadership from nine separate regulatory agencies. From 1995-1997 he was Deputy Governor of the Bank of England. His latest books include The Financial Crisis: Who is to Blame?| and Banking on the Future: the fall and rise of central banking|.

Robert Peston has been the BBC's business editor since February 2006. For the previous 24 years he had been a print journalist, his previous roles included financial editor of the Financial Times, political editor of the FT and city editor of the Sunday Telegraph. He is the author of Brown's Britain and Who Runs Britain?


Speaker(s):

Chair: Howard Davies | talks
Respondent: Robert Peston | talks

 

Date and Time:

28 September 2010 at 6:30 pm

Duration:

1 hour 30 minutes

 

Venue:

Old Theatre
Old Building
London School of Economics and Political Science
London
WC2A 2AE


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Organised by:

London School of Economics & Political Science
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Tickets:

Free

Available from:

This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For any queries email events@lse.ac.uk or call 020 7955 6043.

Additional Information:

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