Summit Sizzles: OES Chair David Dodge to co-chair new global risk group
by Jessica Doan on Tuesday, March 31st, 2009David Dodge, former Bank of Canada governor and now Chancellor of Queen’s University and Chair of the Ontario Economic Summit, will co-chair a new global risk group, the “Market Monitoring Group”, created by the Institute of International Finance.
The Market Monitoring Group will be studying weak points and vulnerabilities in the global financial system that could potentially cause large problems. The group will analyze the system and suggest ways to safeguard it from risks. Let us know in the comments what you think some of the major issues are.
Tags: David Dodge, financial, global, Institute of International Finance, Market Monitoring Group
April 1st, 2009 at 10:41 am
One of the major issues is financial innovation. Too many new financial products were intorduced into the market place that no body understood. I encourage innovation but the lesson learned from this most recent market collapse it that the financial sector needs to be monitored more closely. Thank fully Canada did a much better job of this than the USA.