Christine Lagarde – lessons learned from Lehman

Blogs | 06/09/18

The managing director of the International Monetary Fund (IMF), Christine Lagarde, has written an article on the 2008 financial crisis and its aftermath, calling the events leading up to the crisis ‘a sobering lesson in groupthink’. Ms Lagarde said banking culture, ethos and values still need reform, and called for more female leadership in finance, saying greater diversity sharpens thinking, reducing the potential for groupthink.