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About This Document: Deutsche Bank CEO Josef Ackermann suggests that creating a global financial sector watchdog could prevent an encore of the global market storm unleashed by the US subprime crisis. But analysts contend most crises have gone undetected even by experts within the markets in which they were spawned, and that choosing the right members for a global watchdog would be crucial. Ultimately, banks and regulators must work more closely together to provide greater transparency on the distribution of risks in the global financial system, Ackermann says

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ACKERMANN PROPOSES GLOBAL OVERSEER

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ACKERMANN PROPOSES GLOBAL OVERSEER

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