As the policy response to the economic crisis moves from short-term solutions – corporate bailouts and economic stimulus – to longer-terms fixes like financial market regulatory reform, it becomes increasing important that policy-makers move beyond finger-pointing. Moving the economy toward sustainable long-term economic growth will require a more complete understanding of not only the root causes of the economic crisis, but both how it spread first to the financial sector and then to the real economy.
On April 20, the Initiative on Business and Public Policy at Brookings hosted a discussion to explore Wall Street’s role in triggering the economic crisis and the role Wall Street leaders may play in leading us out.
After the program, speakers took audience questions.
Profesora Minos A. Zombanakis de la Escuela de Gobierno John F. Kennedy, Universidad de Harvard
I think it's unusual for the chief of staff to go on a trip, particularly on a trip this long. The chief of staff is usually more of a chief operating officer in the White House itself, and normally when your principal—whether it's the president himself or the head of Cabinet agency—goes abroad, you have his deputy and those folks staying behind to help manage operations in his absence.