第一百零三期财务与会计学术论坛



题目: Stories from the Financial Crisis

 

演讲者:Jack S. Rader, Executive Director of FMA(Financial Management Association)

 

时间: 2009年5月4日(星期一)7:00—8:30PM

 

地点: 图书馆报告厅

 

参加者: 对财务研究有兴趣的广大师生

 

主持人: 孙谦老师

 

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讲座提纲:

 

What’s so special about this crisis?

 

Various crises

 

Tulip bubble

Great depression

Asian currency

Russia

Dot com

 

 

Various stats on the current crisis

 

The difference in 2002 vs. 2007 – present

 

 

What are the causes of the current crisis?

 

Bubbles

 

What happens when bubbles burst

 

Transparency and opacity

 

Valuation and models

 

Interconnectedness

“Bank” runs

 

How do we fix it? What’s the solution? What are the costs and benefits of the solutions?

 

Stimulus spending

 

Monetary intervention

 

Regulation

 

Other approaches

 

When we will get back to normal?

 

The US housing market

 

Thoughts about consumer spending

Importance to the economy

Confidence

Savings

Spending levels going forward

 

What are the lessons we can learn from the crisis?

 

 

论文作者简介:

 

As Executive Director of the Financial Management Association International (FMA), Jack is the chief executive officer of the largest academic finance organization in the world.  Internationally recognized for its work in facilitating the transfer of ideas and information between university professors and business executives, FMA encourages action-oriented research and underwrites a variety of programs that enhance the study and practice of finance.  FMA hosts Annual Research Conferences in the US, Europe, and Asia that feature a variety of presentations of contemporary research, panel discussions involving leading practitioners and academics, and tutorials.

 

Jack has published numerous articles and is co-author of Managing Pension Plans:  A Comprehensive Guide to Improving Plan Performance (Harvard Business School Press, 1998—winner of the Clarence Arthur Kulp/Elizur Wright Memorial Award, 2000) and Managing Pension and Retirement Plans: A Guide for Employers, Administrators, and Other Fiduciaries (Oxford University Press, 2004 - with Gus Baker and Dennis Logue).

 

Jack has degrees from USF (MBA, Finance, 1981) and the University of Tennessee-Knoxville (BS, Management Science, 1972).  Jack was awarded the Chartered Financial Analyst (CFA) designation by the Association for Investment Management Research and the Institute of Chartered Financial Analysts in 1991.