News from Cass Business School

The financial crisis was not all bad says Jim O'Neill

Head of Global Economic Research at Goldman Sachs explains why to Cass audience

Wednesday, 28 July, 2010

Jim O'Neill, Head of Global Economic Research at Goldman Sachs said that half of the world was not affected by the financial crisis, in this week's Cass Talks interview.  He said the presumption that what has happened in the UK and in other Western economies has also been experienced everywhere is wrong.

The Cass Talks interviews are an opportunity to hear Cass faculty and guest lecturers give their perspective on current business and finance news stories, global issues affecting the business world and new research coming out of the School.

Mr O'Neill was speaking at the Cass Alumni World Forum and he said a remarkable increase in prosperity and growth has been observed in emerging economies and, as a result, the world is doing better than many think.

The Alumni World Forum was held on Friday 16 July and was designed to bring together the 27,000 Cass alumni spread over 130 countries to share ideas, network and hear from world-leading business thinkers.  Throughout the day Cass academics and business practitioners presented masterclasses on a wide range of areas from soft skills to ethics, strategy and finance.

More than 400 guests at the London event heard talks from key business figures such as Alderman Nick Anstee, Lord Mayor of the City of London; Sir David Brewer, Chairman of the China-Britain Business Council; Peter Cullum, Executive Chairman of the Towergate Partnership; and H.E Sheikha Aisha bint Faleh Al-Thani, member of the Qatar Supreme Education Council.

The international events ranged from informal drinks receptions to lectures and included a talk from BNY Mellon CEO and Cass alumnus Robert Kelly at Mellon's New York headquarters, One Wall Street. Alumni around the world were able to contribute during the day via social media platforms such as Twitter, Facebook and LinkedIn. The London panel sessions were streamed live, via Cass's website, attracting over 650 unique viewers from around the world.

The day culminated with a gala dinner at the newly refurbished Museum of London, attended by more than 200 alumni and staff. The dinner also marked the launch of the Alumni World Forum Scholarship which will allow alumni, from all over the world, to personally recommend high calibre executives who they think will benefit from studying the full-time MBA at Cass.

Listen, watch and download Mr O'Neill's Cass Talks interview and see other Cass academics share their opinions at

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