Howard Davies in Delhi – speaking on Financial Crisis

Who could resist such a title. Howard Davies was speaking in Delhi on the 9th. And the title was Financial Crisis: Who is to blame?

Howard Davies has been a regulator (as the head of FSA) as well as a central banker (Deputy Governor of Bank of England) in the last decade. I went hesitantly, bracing myself for the kind of mind numbing defence of their respective roles we have seen from the likes of Greenspan and Bernanke off late. What I instead encountered was a really pleasant mannered man, who took a fairly comprehensive look at the past decade.

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