Resumen de Exclusive: : Lord Mervyn King on the future of regulation
An interview with Lord Mervyn King, former governor of the Bank of England, is presented. Topics covered include the significance of financial history to understanding global financial markets, the possibility for countries to cooperate on global economic policy, and his proposal to replace the central bank Lender of Last Resort (LOLR) function with a Pawn Broker for All Seasons (PBFAS).
