Event Detail

Financial Crisis Panel Discussion

Thursday, October 02, 2008


Claremont McKenna College

Robert Day School of Economics and Finance

"Financial Crisis" Panel Discussion

Thur, October 2, 12:00-1:30pm

Marian Miner Cook Athenaeum


The Wall Street journal has pronounced the financial crisis that began 13 months ago as “The Worst Crisis Since the 30s, with No End Yet in Sight.” The Robert Day School of Economics and Finance will host a timely panel discussion on the current financial situation on Thursday, October 2nd at 12noon at the Marian Miner Cook Athenaeum.

During the discussion, the panel will reflect on the causes and consequences of the unraveling financial sector. Specific topics may also include comparison to other historical financial crises, moral hazard issues associated with the bailouts, the role of credit default swaps, the involvement of Fannie Mae and Freddie Mac, the role of regulations in creating the crisis, the outlook for the industry and economy, and implications for the job market.

Panelists include:

•    Philip Flynn '79, Vice Chairman and Chief Operating Officer of UnionBanCal Corporation and Union Bank of California.
•    Gregory Hess, Russell S. Bock Chair of Public Economics and Taxation at Claremont McKenna College. He specializes in monetary policy, political economy, and public finance.
•    Alan Heuberger '96, Analyst at Cascade Investment LLC.
•    Marc Weidenmier, William F. Podlich Associate Professor of Economics, Director of the Lowe Institute of Political Economy, and George R. Roberts Fellow at Claremont McKenna College.  He is also an NBER Research Fellow.  He specializes in monetary and financial history.  
•    Tom Willett, Horton Professor of Economics, holds joint appointments at Claremont McKenna College and Claremont Graduate University. He specializes in international finance and public policy.
•    Fan Yu, Associate Professor of Financial Economics at Claremont McKenna College, specializes in derivative securities, credit risk modeling, fixed income and credit arbitrage strategies, credit and operational risk management, corporate governance and the cost of debt, and real options.

The panel will be moderated by Brock Blomberg, Robin and Peter Barker Professor of Economics and George R. Roberts Fellow. He specializes in political economy and international economics.

Lunch reservations should be made in advance through the Athenaeum website: www.claremontmckenna.edu/secure/fssaccess/


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