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trillions in bonds and securitized loans with less than 15% of the capital ratios that applied to the regulated banking sector. Broker-dealers like Lehman were freed from the capital and regulatory framework applied to commercial banks. Leverage ratios were in general too lax and virtually all policie
• I would first like to thank His Highness Shaikh Salman bin Hamad Al-IChalifa, Crown Prince and Chairman of the Economic Development Board for hosting this event. Thank you also to His Excellency, Rasheed bin Mohammed Al-Maraj, Governor of the Central Bank of Bahrain, Mr. Mayank Malik,
rillions in bonds and securitized loans with less than 1,5% of the capital ratios that applied to the regulated banking sector. Broker-dealers like Lehman were freed-at from the capital and regulatory framework applied to commercial banks. Leverage ratios were in general too lax and virtually all poli
• I would first like to thank His Highness Shaikh Sidman bin Hamad Al-Khalifs, Crown Prince and Chairman of the Economic Development Board for hosting this event. Thank you also to His Excellency, Rasheed bin Mohammed Al-Maraj, Governor of the Central Bank of Bahrain, Mr. Mayank Malik,
trillions in bonds and securitized loans with less than 15% of the capital ratios that applied to the regulated banking sector. Broker-dealers like Lehman were freaLexempt from the capital and regulatory framework applied to commercial banks. Leverage ratios were in general too lax and virtually all p
• I would first like to thank His Highness Shaikh Salman bin Hamad Al-Khalifa, Crown Prince and Chairman of the Economic Development Board for hosting this event. Thank you also to His Excellency, Rasheed bin Mohammed Al-Maraj, Governor of the Central Bank of Bahrain, Mr. Mayank Malik,
Entities connected to both Lehman and the Economic Development Board

Federal Reserve
ORGANIZATION
Lehman Brothers
ORGANIZATION
U.S. Treasury
ORGANIZATION
Freddie Mac
ORGANIZATION
Fidelity
ORGANIZATIONthe Central Bank of Bahrain
ORGANIZATIONRasheed bin Mohammed Al-Maraj
PERSONMayank Malik
PERSONRobert Ainey
PERSONAMBAC
ORGANIZATION