Risk Europe: Don't be blindsided by politicians, risk managers warned
Sovereign interventions are sacrificing market efficiency in order to deliver price stability, according to the former US Treasury attaché to the European Union
Political attempts to enforce financial stability will render some risk metrics useless – and might backfire by exacerbating periods of volatility, attendees at the Risk Europe conference in Frankfurt were told this morning. Barbara Matthews, the former US Treasury attaché to the European Union (EU) who now runs a US-based regulatory consulting firm, warned that governments, regulators and other public policymakers will remain active and aggressive for years to come – until 2013 in a best-case
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