Davos 2011, Analyst Barrie Wilkinson 2015 financial catastrophe

Post date: Jan 31, 2011 2:52:48 PM

Lonely Analyst Warns of 2015 Bank Crisis Amid `Upbeat' Davos

Wilkinson says

“The fundamentals haven’t been addressed at all,” Wilkinson, a London-based partner at consulting firm Oliver Wyman, said in an interview at the Hotel Morosani Schweizerhof. “The things that caused the previous crisis -- loose monetary policy and trade imbalances -- they’re actually bigger now than they were then.”

In the caste system of the World Economic Forum’s annual event in the Swiss ski resort, Wilkinson was at a bottom rung, with an identification badge that denied him access to most sessions and soirees. His message clashed with the optimistic tone of many at the center of the meeting.

source: bloomberg.com

Davos: Where the battle for financial reform was lost?

source: bbc.co.uk