Ross Westgate
Showing 1–2 of 2 transcripts.
- Milken Institute59 min
Brexit: A Red Flag for Global Financial Harmonization?
Ross Westgate, Youssef Boutros-Ghali, Joe Cassidy, Colin Ellis, Dominic Lester, Sanjay Patel
Former Egyptian Finance Minister Youssef Boutros-Ghali, Moody's Colin Ellis, and other industry leaders convened to assess the resilience of post-2008 macroprudential regulations against rising political populism and Brexit. The panel concluded that while regulatory frameworks for systemic risk will likely persist, the Eurozone's structural deficits and China's asset bubbles present the most significant imminent threats to global financial stability. Furthermore, experts projected a divergence where Anglo-Saxon markets harmonize around flexible capital frameworks while Europe faces stagnation due to rigid labor laws and incomplete fiscal integration.
- Milken Institute1h 1m
The Forces Shaping Europe
Ross Westgate, Peter Beyer, Jim Mellon, Howard Shore, Roger Wicker, Paul Wolfowitz
Panelists including Jim Mellon, Howard Shaw, and Peter Baer debated the UK's potential withdrawal from the EU, contrasting arguments for regained legislative sovereignty and economic deregulation against warnings of severe financial costs and the loss of geopolitical stability. The discussion expanded to broader European challenges such as the Eurozone's structural fragility, the refugee crisis driven by Middle Eastern policy failures, and Russian aggression in Ukraine, which Senator Roger Wicker and Paul Wolfowitz identified as the region's most critical security threat. Ultimately, the dialogue concluded that while economic integration faces internal contradictions, a successful exit strategy would require immediate UK deregulation to avoid punitive measures, whereas the United States prioritizes a strong British partner within NATO over continued EU membership.