Systematic Risk, Systematic Regulation

July 26, 2012

The global financial crisis was caused not only by insufficient financial regulation, but through misconceptions of the very models and instruments used to manage risk and price assets. What new models of risk need to be taken on by banks post financial crisis? How can banks continue to take risk and therefore maximize both shareholder and client value without causing systematic risk for the financial sector as a whole? Is regulation or innovation the answer? Speakers: Matthew Bishop, The Economist, Paul Wilmott,, Joseph Wambia, Wambia Capital Group, Dr. Charles Calomiris, Columbia University, Josh Wolfe, Lux Capital