Speaker(s): George Soros and Howard Davies
Chair: Howard Davies
Recorded on 21 May 2008 in Old Theatre, Old Building.
In the midst of the worst financial upheaval since the Great Depression, George Soros explores the origins of the crisis and its implications for the future. Soros, whose breadth of experience in financial markets is unrivalled, places the current crisis in the context of decades of study of how individuals and institutions handle the boom and bust cycles that now dominate global economic activity. "This is a once in lifetime moment", says Soros in characterising the scale of financial distress spreading across Wall Street, the London Stock Exchange, and financial centres around the world. This event marks the launch of George Soros new book 'The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means' (PublicAffairs, May 2008).