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Lehigh to host university-wide forum on financial crisis

On Monday, Oct. 27, Lehigh’s College of Business and Economics will host a university-wide forum on the financial crisis titled, “Back to Basics: Getting Global Markets Back on Track.” The forum is scheduled for 4:10 p.m. in Lamberton’s Great Room.

At the event, business professors Tony O’Brien, Tom Hyclak, Nandu Nayar and Wight Martindale will jointly lead an open dialogue about the crisis and its long-term implications. Members of the Lehigh community are encouraged to attend the 90-minute exchange.

“Never before has our financial situation been under such intense scrutiny,” says Paul Brown, dean of the College of Business and Economics. “It’s difficult to appreciate all that has happened over the past few months, so we’re hoping that an open forum like this will encourage discussion and debate about our long-term financial security.”

The event will feature four individual snapshots of the crisis and its implications both here and abroad. Panelists include:

Tony O’Brien, professor of economics. Last week, O’Brien and R. Glenn Hubbard co-hosted a national Web cast on the financial crisis at Columbia University. He’ll revisit parts of that discussion and will walk through the activities that led up to the unprecedented congressional bailout package.

Tom Hyclak, professor of economics. Most business experts are no longer asking, “Will there be a recession?” but instead, “How severe will it be?” Hyclak will explore the consequences of the financial crisis and its impact on our nation’s economic climate.

Nandu Nayar, the Hans Baer Chair in International Finance. Currently at the U.S. Securities and Exchange Commission (SEC), Nayar has had a close look at the international repercussions of the financial crisis and how it could impact the world’s developed and emerging markets.

Wight Martindale, executive-in-residence. Over the next few months, Martindale will host a series of lectures at Lehigh titled, “The Recovery: Understanding the Financial Crisis.” He’ll give an insider’s view of the Wall Street community and explain the financial instruments now being closely scrutinized.

Further information about this and other CBE-related events can be found on the college’s new Financial Crisis Web page. Updated every few days, the page outlines how Lehigh is addressing the unprecedented turn of events.

--Tom Yencho


Posted on Monday, October 20, 2008

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