Malcolm Edey: Reflections on the financial crisis Address by Mr Malcolm Edey, Assistant Governor (Financial System) of the Reserve Bank of Australia, to the CFO Summit 2014, Gold Coast, 16 March 2014. *  *  *  Thank you to our hosts for the opportunity to speak here today. I have called this talk “Reflections on the Financial Crisis”.
That might seem like a somewhat dated and backward-looking focus. After all, it is now roughly seven years since the early signs of trouble in the US sub-prime mortgage market first came to general attention, in the early part of 2007. It is 5½ years since the failure of Lehman Brothers brought the crisis to its most severe phase.