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Bemanke pointed to need not be lost. Canada's Federal banking system, with nationwide branches, has long been held up as a model that did not suffer the United States' historical crises. Now we essentially have such a system. The economy needs a banking system. Rather than save existing individual banks, their ma
il intermediaries to tranche that equity to debt if needed. Fixed-value debt should be provided by or 100% backed by Treasury or Fed securities. ' University of Chicago Booth School of Business, Hoover Institution, NBER, and Cato Institute. I thank the CRSP and the Guggenheim Foundation for research support, and participants at the October
dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
uity portfolio. Previously he worked at Gallo & Co., an Italian merchant bank, where he focused on restructurings. Francesco holds an MBA from the University of Chicago Booth School of Business and an MA in Business and Economics from the Catholic University of Milan, Italy. The senior team is supported by a team of associate to principal
dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
uity portfolio. Previously he worked at Gallo & Co., an Italian merchant bank, where he focused on restructurings. Francesco holds an MBA from the University of Chicago Booth School of Business and an MA in Business and Economics from the Catholic University of Milan, Italy. The senior team is supported by a team of associate to principal
dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
uity portfolio. Previously he worked at Gallo & Co., an Italian merchant bank, where he focused on restructurings. Francesco holds an MBA from the University of Chicago Booth School of Business and an MA in Business and Economics from the Catholic University of Milan, Italy. The senior team is supported by a team of associate to principal
dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
uity portfolio. Previously he worked at Gallo & Co., an Italian merchant bank, where he focused on restructurings. Francesco holds an MBA from the University of Chicago Booth School of Business and an MA in Business and Economics from the Catholic University of Milan, Italy. The senior team is supported by a team of associate to principal
dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
uity portfolio. Previously he worked at Gallo & Co., an Italian merchant bank, where he focused on restructurings. Francesco holds an MBA from the University of Chicago Booth School of Business and an MA in Business and Economics from the Catholic University of Milan, Italy. The senior team is supported by a team of associate to principal
Entities connected to both United States and University of Chicago Booth School of Business

Prince Charles
PERSON
New York
LOCATION
Julie K. Brown
PERSON
Deutsche Bank
ORGANIZATION
United Kingdom
LOCATION
Michael Douglas
PERSON
Lawrence Krauss
PERSON
North America
LOCATION
Madison
LOCATION
Milan
LOCATION
European Union
ORGANIZATION
Denmark
LOCATIONGlendower
LOCATION
Credit Suisse
ORGANIZATION
Norway
LOCATION
Belgium
LOCATIONGlendower Capital
ORGANIZATION
George Soros
PERSONCayman
LOCATION
Finland
LOCATION