Stefan Judisch, RWE Trading

RWE Trading’s managing director, Stefan Judisch, opened his presentation at the EPRM European Congress with a clip from the movie Wall Street. “Greed,” Gordon Gecko tells us, “is good.” It was such an attitude that, Judisch says, caused the disasters in both energy and telecoms markets.

“These were caused by the firm belief in neo-liberalisation from the 1990s,” he says. “If everyone works for his own personal gain, it will turn out to be good for society – the Adam Smith theory,” he says.