In response to the current financial crisis, throughout the month of October the Lally School of Management & Technology has been hosting a discussion series led by experts in the field of finance and economics to address the elements of the crisis and what it really means for Wall Street and Main Street.
The final program scheduled for this month will take place on Monday, Oct. 22. The event will be held in the Center for Biotechnology and Interdisciplinary Studies auditorium from 3 to 5 p.m. The program will feature a panel discussion focused on the theme “Reflecting on the Implications for Business and Public Policy.”
Panelists include Arturo Estrella, professor of economics and new head of the economics department at Rensselaer, who is also the former senior vice president at the Federal Reserve Bank of New York; and Iftekhar Hasan, the Cary L. Wellington Professor of Finance and editor of the Journal of Financial Stability.
Past programs have included Estrella’s lecture titled “The Crystal Ball in Interest Rates,” delivered as part of the inaugural Reinert Speaker Series; and a panel discussion titled “Understanding Elements of the Financial Crisis,” featuring Hasan, Bill Francis, professor and co-director of the Ph.D program at the Lally School, and Ezra Zask, professor in the practice of finance and hedge fund manager.
“Our faculty anticipated that a financial crisis was imminent, and we are surprised in how quickly things have changed,” said David Gautschi, dean of the
Lally School. “The world’s economic system is built on trust. As Rensselaer’s business school, we have an exceptional opportunity to discuss how interconnected the world’s financial institutions are, with a focus on local and global economic implications. Most importantly, the latest events heighten the inherent need for a commitment to the role of risk management, especially when dealing with complicated financial markets.”
The program was developed in collaboration with the Lally School’s Severino Center for Technological Entrepreneurship and the International Center for Financial Research, along with sponsorship from the Center for Economic Growth.