Deliberate provocation
In his opening address at the 10th annual OpRisk Europe conference in April, Lord Eatwell asked the packed audience: "Why do we need regulators at all?"
Cambridge financial policy professor Lord Eatwell launched OpRisk Europe 2008 with a bang - delivering an explosive address on the relationship between risk and regulation. As his speech gave way to questioning by the packed audience, Eatwell confessed: "You may have noticed that I was trying to be provocative."
Eatwell, who is also the director of the Cambridge Endowment for Research in Finance, asked the audience: "Why do we regulate at all? Why is there, on the basis of this analysis, any
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