A panel of West Virginia University business scholars and area banking executives will discuss the nations financial crisis and efforts to resolve it Monday, Oct. 6, at West Virginia University .
The forumPanel on Financial Crisis and Bailout Proposalswill begin at 7 p.m. in Room 459 of the College of Business and Economics Building. The event, which is open to the public, is sponsored by the newly formed Student Investment Association of WVU and College of Business and Economics .
K. Victor Chow , Deans Professor of Finance, who will provide an investment banking perspective;
Alex Kurov , assistant professor of finance, who will discuss portfolio theory;
George Selgin , BB&T Chair in Free Market Thought, who will address the failure of regulation and disincentives in the current regulatory environment;
Christopher Speaker, assistant vice president of commercial real estate, United Bank, who will provide information about risk management modeling.
Other invited panelists include a supervisory examiner from the Federal Deposit Insurance Corp. and a vice president from CentraBank.
Anthony Giambrone, president of the Student Investment Association, and Paul Speaker , associate professor of finance, will serve as moderators.
The panelists will provide expertise concerning the financial crisiseffect on local institutions, student loans and the graduate job market and the consequence of not responding to the situation.
The audience will have the opportunity to ask questions and join in the discussions.
America is in the grip of what Federal Reserve Chairman Ben Bernanke has called the worst financial crisis since World War II. The economic downturn, which started in the housing industry, has shaken Wall Street and threatens Main Street.
On Friday, the U.S. House of Representatives approved and President Bush signed a $700 billion bill to bail out financial institutions teetering under the weight of bad mortgage debt. The rescue package, passed Wednesday night by the Senate, features provisions not part of the original bill rejected earlier by the Houseincluding a proposal to raise the cap on federal deposit insurance from $100,000 to $250,000.
For more information, contact Paul Speaker at “