Lord Turner
Connections
Quotes
In the wake of the financial crisis, economics must address fundamental issues and ask questions about its own pre-crisis failures ... Inet is playing a major role in supporting new research and new approaches - I am delighted that I will play a role in its activities.
As the financial crisis developed in 2007 and 2008, the FSA’s bank supervisors were primarily focused on ensuring they understood the prudential implications of severe market dislocation
The FSA had no formal regulatory responsibility for Libor submission process. As a result, the FSA did not respond rapidly to clues that lowballing might be occurringMore quotes »
Around the web
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Have Blog, Will Travel: INET Hong Kong
Policy and Economic Stability: Lessons of the Historical Experience with Fiat Money and the Implications for the Future Adair Lord Turner explores the role of financial, monetary, and fiscal policy management in this era of deficient aggregate demand, and from Economist's View Read more »
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Helicopter QE will never be reversed
"previous fiscal deficits", the stock of public debt. It should be "post-facto monetary finance". The policy is elastic, for Lord Turner went on to argue that central banks in the US, Japan and Europe should stand ready to finance current spending as well, from The Telegraph UK Read more »
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George Soros recruits Lord Turner
Financial Services Authority (FSA) chair Lord Turner is to take up post with a US think tank founded by George Soros. In his new capacity Turner will become senior fellow in the London offices of the Institute for New Economic Thinking. He will assume his from Citywire.co.uk Read more »
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Sunday Papers: Lord Turner to join George Soros
Sunday Telegraph: Lord Turner - the man who wanted to be the next Governor of the Bank of England - is to work alongside George Soros, the man who famously broke the Bank two decades ago. The Sunday Telegraph: Private equity firm Bridgepoint has bought Oasis from Citywire.co.uk Read more »
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FSA chief Lord Turner joins 'man who broke the Bank' Soros
Turner, outgoing chairman of the Financial Services Authority, has found a new job as a ‘blue-sky’ thinker at a research group set up by billionaire financier George Soros. Turner lost out in the recent race to become Governor of the Bank of England to Canadian from Daily Mail - UK Read more »