Credit Market Turmoil of 2007–08: Implications for Public Policy
The Federal Reserve Bank of Chicago and the European Central Bank held a conference on The Credit Market Turmoil of 2007–08: Implications for Public Policy at the Chicago Reserve Bank on Thursday and Friday, September 25–26, 2008.
This was the eleventh in an annual series of international banking conferences sponsored by the Federal Reserve Bank of Chicago that focused on important current issues in global economics and finance. This year's conference theme addressed the recent turmoil in international credit markets, evaluated the damage incurred and considered corrective policy options.
The conference speakers were internationally recognized experts in their respective areas, and represented a wide array of affiliations from an equally wide array of countries. In addition, the two-day conference featured keynote presentations by José Manuel González-Páramo, Board Member, European Central Bank; Nout Wellink, President, Netherlands Bank, and Chairman, Basel Committee on Banking Supervision; and Charles Dallara, Managing Director, The Institute of International Finance, Inc.