Following numerous requests from our clients, LCT has added this very popular course to its 2010 calender. Details are as follows:
1st Mar 2010
Who should attend:
• Executives and managers keen to explore the reasons behind the Global Financial Crisis that started in the first decade of the 21st Century
• Anyone interested in learning lessons from the Global Financial Crisis and the measures being taken worldwide to fuel economic recovery and address the initial causes.
Course objectives:
• To review the history of economic downturns.
• To explore the history of similar events: causes, counter-measures and outcomes.
• To understand how the current crisis unfolded; the causes and warning signs.
• To identify the steps being taken towards recovery: unilateral and multilateral actions.
• To understand the implications of the crisis for governments, corporations, smaller business, the public sector, and individuals.
• Understand the role played by banks and other financial institutions, and appreciate the implications of the crisis, and explore the remedial action being taken.
• Explore financial Regulation both pre-crisis and evolving responses.
• Develop a broad understanding of globalisation and the world economy.
Course content:
• A tour of the major financial crises: from the South Sea Bubble to the dot-com bubble burst and the Dubai debt crisis.
• Preconditions for the recession and crisis and early warning signs.
• More early warning signs: the corporate failures that sent signals that all was not well in global financial markets.
• Use systems thinking to understand the inter-connectedness global markets and economies.
• How the market in securitisation, credit default swaps and CDOs (collateralized debt obligations) grew to bursting point
• Banks: how they operate. Liquid asset ratios and capital requirements, including Basel II. The nature, purpose and effectiveness of the bail-out. The structure of bank balance sheets and associated risk issues. Governance in banks and risk management
• Rescue plans: the actions being taken by governments, business and regulators.
• The key players throughout the Global Financial Crisis and the path to recovery. Who are they? What were their roles? How much influence did they have? Who has survived? What did they do and not do?
This course is available from the 12th - 23rd July 2010.
Register at the following: www.lct.uk.com/register/registration-form