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Recognized names in swiss banking, the vicechairman of blackrock, the worlds biggest money manager, which handles more than 5 trillion in assets. After the financial crisis, what have we learned . Philipp we learned that we had too much leverage in the system without any doubt. When you have leverage, bad things happen. Not only do they happen, but when they happen, things tend to be amplified. I think that is the key take way from it all. We have also learned that this notion of letting the mar...

We meet one of the most recognized names in swiss banking, the vicechairman of blackrock, the worlds biggest money manager, which handles more than 5 trillion in assets. After the financial crisis, what have we learned . Philipp we learned that we had too much leverage in the system without any doubt. When you have too much leverage, bad things happen. Not only do they happen, but when they happen, things tend to be amplified. So that is the key take away from it all. We have also learned that t...

Crunch struck, responding by pumping billions of pounds into the economy. Joining me on leaders with lacqua, former bank of england governor, economist and author mervyn king. Lord king, thank you so much for speaking to bloomberg tv. It is always a great pleasure. What lessons have we learned from the financial crisis . Lord king i hope we learned the lesson that this was a lot bigger than just a financial crisis. It represented a serious problem in the world economy. Not sure that everyone see...

Recognized names in swiss banking. He is now vicechairman of blackrock, the worlds biggest money manager, which handles more than 5 trillion in assets. After 10 years from the financial crisis, what have we learned . Philipp we had too much leverage in the system without any doubt. And that when you have leverage, bad things happen. Not only do they happen, but when they happen, the effects tend to be amplified. I think that is the key takeaway roommate all. We have also learned that this notion...

Vice president at the program. One of the Great Stories of being in washington is sometimes written in the environment. Sometimes being the smartest guy in the room, thats the dumbest guy at the panel. The people we have talking now, we envision this as a way to capture some of the strategic wisdom or just three people for whom i have tremendous respect. Lieutenant general mike nagata. Your title, it is the most difficult title, the director of the directorate of Strategic Operational planning. ...

Recognized names in swiss banking. He is now vicechairman of at blackrock, the worlds biggest money manager, which handles more than 5 trillion in assets. So we are 10 years on from the financial crisis. What have we learned . Philipp we have learned that we had too much leverage in the system without any doubt. And that when you have leverage, bad things happen. Not only do they happen, but when they happen, the effects tend to be amplified. So i think that is the key take away from it all. We ...

Recognized names in swiss banking. He is now vicechairman at blackrock, the worlds biggest money manager, which handles more than 5 trillion in assets. So we are 10 years on from the financial crisis. What have we learned . Philipp well, we have learned that we had too much leverage in the system without any doubt. And that when you have leverage, bad things happen. Not only do they happen, but when they happen, the effects tend to be amplified. So i think that is the key take away from it all. ...

Today on leaders with lacqua, we meet one of the most recognized names in swiss banking. He is now vicechairman at blackrock, the worlds biggest money manager, which handles more than 5 trillion in assets. So we are 10 years on from the financial crisis. What have we learned . Philipp well, we have learned that we had too much leverage in the system without any doubt. And that when you have leverage, bad things happen. Not only do they happen, but when they happen, the effects tend to be amplifi...

Recognized names in swiss banking. He is now vicechairman at blackrock, the worlds biggest money manager, which handles more than 5 trillion in assets. So we are 10 years on from the financial crisis. What have we learned . Philipp well, we have learned that we had too much leverage in the system without any doubt. And that when you have leverage, bad things happen. Not only do they happen, but when they happen, the effects tend to be amplified. So i think that is the key take away from it all. ...

Recognized names in swiss banking. He is now vicechairman at blackrock, the worlds biggest money manager, which handles more than 5 trillion in assets. So we are 10 years on from the financial crisis. What have we learned . Philipp well, we have learned that we had too much leverage in the system without any doubt. And that when you have leverage, bad things happen. Not only do they happen, but when they happen, the effects tend to be amplified. So i think that is the key take away from it all. ...