"Financial Innovation: A Risky Business?" Video Screening
Tuesday, February 12, 2013
6:00pm – 8:00pm EST
Uris 3rd Floor - 303
3022 Broadway, New York, NY 10027
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Event Details
"Financial Innovation: A Risky Business?"- A Production of Columbia Business School’s Sanford C. Bernstein & Co. Center on Leadership and Ethics and the Fred Friendly Seminars In 2008, US financial markets melted down, millions of people lost their jobs, hundreds of banks went bankrupt, large financial institutions were bailed out. That’s the last crisis. And in that crisis, banks and the finance industry took it on the chin. There was anger over compensation, anger that they did not lend more, anger that they did not lend less, anger that certain financial innovations proved to be toxic, and the list goes. A dynamic economy depends on a vigorous financial industry. But misplaced incentives, poorly understood financial “products” and the influence of so much money had, as we well know, disastrous consequences. The question is, how to preserve the benefits of and access to financial services without suffering the excesses? This Fred Friendly Socratic Dialogue brings together key players like Rep. Barney Frank [of the Dodd-Frank legislation], Nobel Economist Robert Solow, JP Morgan’s Blythe Masters, the New York Times’ Andrew Ross Sorkin and others to grapple with the tough decisions of ethics, law, management and personal responsibility that will determine the future of financial innovation and the welfare of the nation. Fred Friendly Seminars: the situations are hypothetical but the dilemmas are real. *Discussion will be moderated by panel moderator and Columbia Law School Professor Robert Jackson, Jr. *Catering by Dinosaur BBQ
Where & When

Uris 3rd Floor - 303, 3022 Broadway, New York, NY 10027

Tuesday, February 12, 2013, 6:00pm – 8:00pm

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Hosted By
Sanford C. Bernstein & Co. Center for Leadership and Ethics

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