2007 | EUROCATALYST: Burning Down the House / Quemando la casa
From our powerful opening keynote, “From the sub-prime to the ridiculous,” delivered by Pat Butler, head of the European financial services practice for McKinsey & Co., to the rousing final session on emerging markets, featuring the frank and honest interpretation of the current situation in Russia by Igor Kouzin, chairman of DeltaCredit, EuroCatalyst 2007 presented some of the top representatives of global mortgage markets in an open discussion on where we all stand and how we’re going to move forward. A 5-star alumni cast of individuals celebrated their attendance at all five EuroCatalyst annual gatherings, from Madrid in 2002 to Lisbon in 2003, Berlin in 2004, Rome in 2005 and Madrid in 2007. For five years we educated and warned about the risks and rewards of rapid mortgage market growth in the global marketplace. As market conditions bore out the points we made over the years, we dedicated the Madrid event to the bigger picture of the shadow banking system and how it would impact each and every player in every market sector moving forward. With no media in attendance, it was a rare occasion to get those impacted by the current crisis together to look for recovery and solutions.