Looking Back On
The Financial Crisis
Malcolm Knight, the former CEO of the Bank for International Settlements shares his reflections on what caused the financial crisis, how the financial crisis has been dealt with, what the future may portend .. discussion on the interconnectedness of banks & their holdings .. emphasizes the incompatibility of incentives by financial sector participants as being a key factor in the financial crisis, including the push for universal housing in the developed economies of the world .. Knight was so worried about the financial crisis he moved his money to "European Government Guaranteed Railroad Bonds" to preserve his own personal capital .. 3 segment special video with BNN.
LINK HERE to part 1 - 10 minutesLINK HERE to part 2 - 8 minutesLINK HERE to part 3 - 6 minutes
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