ISDA AGM 2019: Interview with Patrick Pearson, European Commission

At its 34th Annual General Meeting in Hong Kong, ISDA caught up with Patrick Pearson, Head of Financial Market Infrastructures and Derivatives, European Commission, and asked him: “The G-20 has identified tackling market fragmentation as a key area of focus. How can this best be achieved?”

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...