Advisory: WFU finance professor to discuss Wall Street turmoil
September 19, 2008
Robert Bliss, professor and F.M. Kirby Chair in Business Excellence at Wake Forest University’s Calloway School of Business and Accountancy, will discuss the financial crisis that has roiled Wall Street and international markets in a special lecture for students only at 5:30 p.m. Sept. 22 in Kirby Hall, Room 001.
The event is not open to the general public, but members of the media are invited to attend. Bliss will field questions from the audience and will be available for interviews after the lecture.
Bliss is an expert on banking, financial market regulation and insolvency resolution. He joined the Wake Forest faculty in 2004 after serving five years as senior financial economist and economic advisor at the Federal Reserve Bank of Chicago and previous posts as a senior researcher at the Bank of England and the Federal Reserve Bank of Atlanta. He has also taught finance at the Indiana UniversitySchool of Business.
The lecture will feature an explanation of some of the financial instruments at the heart of the sub-prime mortgage industry collapse, as well as a discussion of the federal takeover of mortgage giants Fannie Mae and Freddie Mac, the demise of Lehman Brothers, the bailout of AIG and the emerging plan to create a government-backed institution to acquire troubled mortgages from struggling banks and other lenders.
To arrange access to the lecture and set up interviews with Bliss, please contact the News Service at (336) 758-5238.