I consider it to be a major responsibility at the present juncture. Dear Bodil, Let me now wish you all the very best for your life outside the central bank. You are now returning to your “Alma Mater”, the University of Copenhagen, as Chairperson of the university’s board.
*  *  *  One of the broad issues that you have been discussing today is the nature of financial risk. This evening I will offer my perspective on the fundamental sources of financial risk and the value added of banks and other financial intermediaries.