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watch event footage>> | download Quicktime>> | about the speakers>>
On October 22, the Robinson community convened in Veterans Memorial Hall for a Town Hall-style conversation featuring a panel of experts from the college as they discussed the causes, remedies and future of the current financial crisis. Panel attendees emailed their questions prior to the event.
Watch Event Footage
Welcome and Speaker Introductions
an insider's view on what has caused this crisis
current remedies that are being implemented
insight into what will happen over the next year or two
how students and professionals can protect themselves
watch the clip>> (21:55) |
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I've heard the FDIC has only about $45 billion in its insurance fund, while the potential losses are much larger. What are the implications of this situation, and is my money really safe in an insured bank?
watch the clip>> (00:43) |
If you go back to summer 2007 and rank the top 20 financial institutions worldwide, and you look at which ones of them have either had capital from a sovereign fund, capital from a government or they no longer exist, nine of them are no longer on that list. That's quite a mortality rate for a system that was set up so banks go insolvent only once every 250 years. So if these large banks are getting larger, does this pose even a bigger systemic risk on the financial system?
watch the clip>> (06:54) |
Residential real estate was the cause of this problem. Are you nervous about any other market?
watch the clip>> (02:31) |
Do you see the bailout of the banks as doing anything good for the credit card holders?
watch the clip>> (00:34) |
Do you think the proposed Fair Tax plan could have been a solution to this crisis as the supporters suggest?
watch the clip>> (00:50) |
Based on information available in mid-2007, what should I have done with my investable assets to protect myself?
watch the clip>> (04:38) |
Please explain what securitization is and how it came to be such a big part of the financial markets. Was it something that accelerated the crisis we have today?
watch the clip>> (03:46) |
The government let Lehman Brothers fail and it saved other banks. Do you think more banks should be allowed to fail, or do you think more banks will continue to be propped up?
watch the clip>> (01:30) |
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The U.S. dollar has appreciated quite a lot during this crisis, which makes it more expensive for international students to come to school here at Georgia State. Why is the U.S. dollar appreciating, and do you expect it to continue to do so?
Do we have a liquidity crisis or a savings crisis in the United States?
watch the clip>> (02:20) |
My friend interned at the FDIC a few years ago. And he used to talk with me about the FDIC's fear of subprime loans and the looming bank failures back then. Why didn't the bank regulators do something about it when they had the chance?
watch the clip>> (07:17) |
This issue has been highly politicized in the current election environment. Can specific blame be assigned to a particular party, group or individual?
watch the clip>> (03:08) |
For those who are still in school and have yet to launch a career, what skills or experience would you recommend to still launch that successful career?
watch the clip>> (03:46) |
Is Georgia State considering curriculum changes as a result of anything we've seen here to date?
Where do you expect the Dow Jones Industrial to be one year from today?
watch the clip>> (01:13) |
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Event Moderator Rich Phillips, Bruce A. Palmer Professor and Chair, Risk Management and Insurance Department
Event Facilitator Ken Bernhardt, Assistant Dean for Corporate Relations, Regents' Professor, Taylor E. Little, Jr. Professor of Marketing
| About the Speakers |
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| Conrad Ciccotello, Ph.D., JD Associate Professor and Director of Personal Financial Planning |
As an expert on law and finance and a fellow in the TIAA-CREF Institute, Professor Ciccotello will discuss what this crisis means for jobs in finance and other sectors of the economy, and also offer advice for individual investors.
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| Peter Eisemann, Ph.D. H. Talmage Dobbs, Jr. Professor of Teaching Excellence and Professor of Finance |
As an expert on banks and other financial institutions, Professor Eisemann will discuss the remedies currently being implemented and the likely impact on business.
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George Zanjani, Ph.D. Associate Professor of Risk Management and Insurance |
| Prior to joining the Robinson faculty earlier this fall, Professor Zanjani was a senior economist at the Federal Reserve Bank of New York. He will provide an insider's view of the causes of the crisis and lessons to be learned. |
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