NYU’s Engle Says Markets Are Best at Assessing Risk (Audio)

Robert Engle, a professor at New York University's Stern School of Business and winner of the 2003 Noble Prize in economics, says markets, and not accounting, are best at measuring value and the risk facing banks. Engle talks with Bloomberg's Ken Prewitt and Tom Keene on Bloomberg Radio's "Bloomberg Surveillance."

(Source: Bloomberg)

Running time 08:24

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