{"id":3668,"date":"2009-11-25T17:53:22","date_gmt":"2009-11-25T17:53:22","guid":{"rendered":"https:\/\/ffephilosophy.org\/theforum\/?p=3668"},"modified":"2020-07-22T21:58:03","modified_gmt":"2020-07-22T20:58:03","slug":"managing-risk-and-behaviour-in-financial-markets","status":"publish","type":"post","link":"https:\/\/ffephilosophy.org\/theforum\/managing-risk-and-behaviour-in-financial-markets\/","title":{"rendered":"Managing Risk and Behaviour in Financial Markets"},"content":{"rendered":"<h3>Julia Black \/ Charles Goodhart\u00a0\/ Michael Power\u00a0\/ Paul Woolley<\/h3>\n<p><!--more--><em>Jointly organised with the LSE Law and Financial Markets Project, the LSE Centre for the Analysis of Risk and Regulation, the LSE Financial Markets Group, and the Paul Woolley Centre for the Study of Capital Market Dysfunctionality, FMG, LSE<\/em><\/p>\n<p>Listen to the podcast<strong> <strong><span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"http:\/\/richmedia.lse.ac.uk\/publiclecturesandevents\/20091125_1830_managingRiskAndBehaviourInFinancialMarkets.mp3\" target=\"_blank\" rel=\"noopener noreferrer\">here<br \/>\n<\/a><\/span><\/strong><\/strong><br \/>\n<strong>6.30-8.00pm | Wednesday 25 November 2009<\/strong><br \/>\nOld Theatre, Old Building, LSE<br \/>\n<strong><br \/>\nSpeakers<\/strong><br \/>\n<strong>Julia Black<\/strong>, Professor of Law, LSE, and Research Associate, ESRC Centre for the Analysis of Risk and Regulation, LSE<br \/>\n<strong>Charles Goodhart<\/strong>, LSE Professor Emeritus of Banking and Finance and a member of the Financial Markets Group at the LSE having previously been its Deputy Director (1987-2005)<br \/>\n<strong>Michael Power,<\/strong> Professor of Accounting, LSE, and Research Theme Director of the ESRC Centre for the Analysis of Risk and Regulation, LSE<br \/>\n<strong>Paul Woolley<\/strong>, Senior Fellow and Chairman of the Advisory Board at the Paul Woolley Centre for the Study of Capital Market Dysfunctionality, FMG, LSE<\/p>\n<p><strong>Chair<\/strong><br \/>\n<strong>Roger McCormick<\/strong>, Visiting Professor, Law Department, LSE and Project Director of the LSE Law and Financial Markets Project<\/p>\n<p>The consequences of banks&#8217; risk-taking behaviour will be felt by the public finances of many countries for at least another generation. Policy makers are trying to devise strategies for containing risk taking by the markets, but the financial sector is showing every sign of rebounding and its capacity for innovation seems inexhaustible. So despite the catastrophic consequences of the market in collateralised debt obligations, for example, there are now reports of banks developing new, &#8216;smart&#8217; strategies of securitisation which will again enable them to reduce the amount of capital they have to retain to set against their risks. Coming from different disciplines, this panel discussed how risk-taking behaviour, the lifeblood of financial markets, can and should be managed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Julia Black \/ Charles Goodhart\u00a0\/ Michael Power\u00a0\/ Paul Woolley<\/p>\n","protected":false},"author":1408,"featured_media":11759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_expiration-date-status":"saved","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[109],"tags":[121,87,17],"coauthors":[158],"class_list":["post-3668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-philosophy-of-maths","tag-philosophysocialsciences","tag-public-philosophy"],"acf":[],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/ffephilosophy.org\/theforum\/files\/2020\/06\/interview-wide2.png","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6zUjQ-Xa","_links":{"self":[{"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/posts\/3668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/users\/1408"}],"replies":[{"embeddable":true,"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/comments?post=3668"}],"version-history":[{"count":1,"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/posts\/3668\/revisions"}],"predecessor-version":[{"id":12484,"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/posts\/3668\/revisions\/12484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/media\/11759"}],"wp:attachment":[{"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/media?parent=3668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/categories?post=3668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/tags?post=3668"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/ffephilosophy.org\/theforum\/wp-json\/wp\/v2\/coauthors?post=3668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}