Informal Remarks: The Euro Market — In Retrospect Eugene H. Rotberg May 15, 2008 When I look back over 40 years at the Euro Market, I first think of clichés and names. Globalization, integration of markets, dismantling of controls, cross border transactions,...
Notes – 2008 – for XM Radio and NPR Interview, October 2008 and George Washington University Speech, November 2008 Eugene H. Rotberg Former Vice President and Treasurer, World Bank Why did it happen. First, what is the “it?” Collapse of share prices of banks,...
by Gene Rotberg January 27, 2009 The Dow Jones Average is now 3,000 points below its level six months ago and is 5,000 points below the level reached 18 months ago. The loss of wealth is in the trillions of dollars. That loss directly affects consumer spending....
February 10, 2009 Mary: Thank you for your response. My recommendation is a straightforward one. I would urge a “Special Study,” under oath with subpoena power, similar to the one that was conducted in the early 1960s by the SEC. I would urge that the new study...
Gene Rotberg The reason why the stock markets did not respond well to Tim Geithner’s plan is because it was too much politics, too much policy, not enough specifics. I would suggest that as soon as possible the U.S. Treasury gets specific: How will the Fed or...