BLOOMBERG Leaders With Lacqua February 18, 2018
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. I think we have also learned that this notion of kind of letting the market be totally free, that governments really should get out of ...