EUROPESERVICING 2008
DIRECTOR'S CUT: DAY 2 | SESSION 3
'Twister'
Twister is a 1996 action film about a team of "storm chasers" who risk their lives perfecting a predictive data-gathering device that they plan to release into the funnel of a tornado. Their efforts create a more effective advance warning system to save lives in severe weather conditions.
We use the subject in reference to the convergence risks which have formed the ultimate tornado sending profitability across mortgage markets into a downward spiral. Is the perfect predictive device for credit, housing price and operational risk out there?
The "director's cut" or "notes" were written by EuropeServicing's main host, Toni Moss, CEO of EuroCatalyst. Following in the film tradition of EuropeServicing 2006 (which was held at 195 Piccadilly, the home of the British Academy of Film and Television Arts) each session at EuropeServicing 2008 is themed with movie titles. While some see films as entertainment, others recognise the art of cinema as a record of the human condition. EuroCatalyst selected specific movies to theme and inspire discussion as we navigate through the treacherous waters of the global mortgage markets.