Monday, September 25, 2023
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AC/DC's 'Hell's Bells' once inspired Mark Carney. That was back in the day -- when he played on Harvard University's hockey team. Today, Mark's got little time for games -- at 46, he's the youngest ever Governor of the Bank of Canada. He's in charge of our Central Bank at a time when economies around the world are staggering; when Canada's largest trading partner -- the United States -- is years away from normalizing.
Throughout the meltdown, Carney has been the 'steady hand'... working to help keep our economy stable. Financial experts say when Carney talks, big investment bankers -- the people responsible for the crisis -- listen. He knows how to speak their language. And so he should. After all, he was one of them.
For more than a decade, Mark worked as an investment banker for Goldman Sachs. Now he's on the other side, trying to manage the chaos created by those in his former profession. On top of that, Mark's just taken on an additional job: head of the Financial Stability Board -- an international body meant to monitor the global banking system. It puts him in a good position to address the big questions facing the world economy: what do you do about the European debt crisis? And is the financial chaos set to end any time soon?
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