Comments on: Axel Weber at IIEA

By: David O'Donnell

David O'Donnell — Sat, 13 Mar 2010 22:20:35 +0000

@All

Herr Axel Weber is always very welcome here.

May I suggest a move to Kantian Pragmatism - where we obtain the best of both Berlin and Boston.

By: Shane Fitzgerald

Shane Fitzgerald — Thu, 11 Mar 2010 16:36:55 +0000

Video of Prof. Weber’s presentation is also now available on the IIEA website here: http://www.iiea.com/events/the-reform-of-financial-supervision-and-regulation-in-europe

By: tommy tighe

tommy tighe — Thu, 11 Mar 2010 12:31:57 +0000

I think there is a culture clash between european and anglo-saxon finance.

The Continentals seem to be quite blase about highly leveraged banks lending money, but keep a careful eye on LTV rates for borrowers.

Conversely inthe Anglo-Saxon countries, we wrooy a lot about leveraging, but less so about LTV rates.

This culture clash creates similar but distinct approaches to regulating finance which cloud the issue somewhat.

By: Graham Stull

Graham Stull — Thu, 11 Mar 2010 09:22:47 +0000

I thought he did a fantastic job of skirting around what alot of people have pointed to as the root cause of the crisis - low interest rate policy causing asset bubbles in property markets. Of course, that would have been whose fault…?

By: Michael Hennigan - Finfacts

Michael Hennigan - Finfacts — Thu, 11 Mar 2010 00:45:52 +0000

Prof. Weber spoke at a Financial Services Ireland lunch (FSI mainly represents IFSC companies) on his preference for banks to increase capital over the Volcker Rule or the creation of a European Stabilisation Fund.

Making the Financial System more Resilient - The Role of Capital Requirements

By: Karl Whelan

Karl Whelan — Wed, 10 Mar 2010 23:26:18 +0000

Emm. Indeed, so it is. How embarrassing! Ok, I’ve fixed it. Something tells me I was a bit tired when I posted this.

By: Andrew S

Andrew S — Wed, 10 Mar 2010 23:08:37 +0000

Emm, his name is Axel.