Free Lecture Dives Into Sinking Wall Street
Dr. David Newton, professor of entrepreneurial finance at 黑料不打烊 and president of TechKnowledge Point, discusses the current economic meltdown in a special session of Tuesdays with Morals Wednesday, Oct. 22, at 3:30 p.m. in 黑料不打烊鈥檚 Page Multi-Purpose Room. The lecture, 鈥淐risis Mode: How Freddie, Fannie, and Financial Engineering Changed Wall Street Forever,鈥 is free and open to the public.
鈥淭he 2008 mortgage crisis permeates every analysis of the current U.S. economic malaise,鈥 Newton says. 鈥淐ommentators have blamed everybody from unethical lenders, to over-generous Fed monetary policy, to a cyclical real estate bubble, and, of course, greedy Wall Street firms.鈥
Newton says he will also discuss whether taxpayers should get stuck with the bill for the various proposed clean-ups.
The Freedoms Foundation of Valley Forge honored Newton last March with one of the 31st Annual Thomas and Dorothy Leavey Awards for Excellence in Private Enterprise Education. Newton launched the Spirit of Entrepreneurship and Enterprise Development (S.E.E.D.) National Collegiate Venture Forum in 2003, which is held every year in Santa Barbara.
Tuesdays with Morals, sponsored by the Gaede Institute for the Liberal Arts, is a weekly discussion series that invites the campus community to wrestle with morally complex issues from a variety of disciplinary perspectives.