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The future of capitalism: Credit, lending, and leverage

A distinguished panel of CEOs and business leaders debates the current state of credit, lending, and leverage—and discusses the emerging shape of financial markets, global rebalancing, and regulation.

March 2010

As financial markets slowly recover from the recent crisis, important questions arise about the new shape of credit, lending, and leverage. How well, and evenly, are different credit markets rebounding? What will the global rebalancing of financial power look like? How should regulation change? In this video roundtable, chief executives and finance experts offer their perspectives. The panel includes former US Securities and Exchange Commission general counsel Brian Cartwright, McKinsey director Toos Daruvala, Seth Gardner of Duke University’s Center for Financial Excellence, Bruce Karsh of Oaktree Capital Management, The Carlyle Group’s David Rubenstein, and Alan Schwartz of Guggenheim Partners. Anthony Santomero, a senior adviser to McKinsey and former president of the Federal Reserve Bank of Philadelphia, moderated the panel.

This edited panel discussion is the second in our “Future of capitalism” series, which explores important issues shaping the business landscape in the aftermath of the credit and economic crises. A collaborative effort between Duke University’s Fuqua School of Business and McKinsey, the series comprises four forums over the course of the current academic year on energy, the financial system, globalization, and the role of business education in society.

Video

The future of capitalism: Credit, lending, and leverage

CEOs and finance experts discuss financial markets, global rebalancing, and regulation.