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Inside Story
WEF: Saving the world in Davos?
Will new regulations prevent another global financial crisis?
Last Modified: 09 Feb 2010 09:24 GMT

It has not been a good weekend for bankers as the World Economic Forum in Davos comes to an end. They are now facing the prospect of new, stricter bank regulations.
 
Davos marked its 40th anniversary with the theme "Rethink, Redesign and Rebuild".

The over-riding impression of the past week has been the growing conflict between bankers and policy-makers.
 
Nicolas Sarkozy warned that the reckless, bonus-fuelled behaviour of bankers would no longer be tolerated. 

Delegates face now the challenge of reviving the economy - but how exactly will policy-makers rebuild capitalism? Will the meeting lead to new regulations? And can another global financial crisis be prevented?

Inside Story, with presenter Shiulie Gosh, discusses the impact of this reform on the banking industry.

She will be joined by Guy Ryder, the general secretary of the International Trade Union Confederation, Marian Tupy, a policy analyst at the center for Global Liberty and Prosperity at the Cato Institute, and Max Keiser, an economist and financial analyst.

This episode of Inside Story aired from Sunday, January 31, 2010.

Source:
Al Jazeera
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