Some might argue that the global financial crisis started in New York. But whether the heart of the problem is on Main Street or on Wall Street, it is clear that the heart of the New York economy, the financial industry, has changed forever. Zanny Minton Beddoes, The Economist’s global economics editor, hosts a conversation with New York Governor David Paterson about the impact the crisis on New York’s economy, on the appropriate role for government to play in regulating the financial industry, and how to avoid the next crisis. This event was held by The Economist, and runs 53 minutes.

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