On this the 10 year anniversary, analysts and pundits debate the cause of the financial crisis. We remember the drama associated with Lehman Brothers as well as TARP.

 

Where

Booth 455/NBC Tower
Classroom 132
455 Cityfront Plaza
Chicago, Illinois

Driving Directions:

NOTE ON PARKING
300 East Illinois Street (AMC Theater-River East Self Park Garage)
$8.00 after 3:00 pm on weekdays and all day Saturday and Sunday for a 12-hour period
Garage: Self Park Facility
Payment: Automated; at pay-stations by cash or credit card or upon exit pay by credit card only.
To receive discounted rate: There is a card validator at the first floor security desk of the Gleacher Center. You will only need to insert your parking card in the validator and the new price will be automatically applied. When you leave the lot you will be charged for the lower $8.00 fee.

Detailed Directions:
Garage is located next to PJ Clarks and below the AMC Theater.
a) When traveling east on Illinois cross over Columbus and enter the Garage on the left (north) side of the street
b) If driving west on Grand (north of Theater), you can enter the garage ½ block before Columbus on the left (south) side of the street.

Event Details

On this the 10 year anniversary, analysts and pundits debate the cause of the financial crisis. We remember the drama associated with Lehman Brothers, for instance, as well as The Big Short, subprime mortgages and TARP.

Dr. Aliber contends that the waves of financial crises that have occurred since the early 1980s reflect the sharp variability in cross border investment inflows. The implication is that if these inflows to the United States between 2003 and 2006 are taken as a given, the United States would have had a crisis in 2008 even if Mother Theresa had been chair of the Fed and the Sisters of Mercy in charge of bank regulation. Unsettled is the question of whether the banks were the villains or the victims.

Join us for this provocative session as Professor Aliber reviews the evidence and passes judgment.

Please register early - capacity is limited.

6:00 pm – 6:30 pm networking
6:30 pm – 8:00 pm presentation
8:00 pm – 9:00 pm cash bar at The Midway Club (Gleacher Center)

Cost

No Charge.

Please register early - classroom capacity is limited.

Registration

Register Online

NEED FOR CO-CHAIRS
The Leadership Team is expanding. Karl Buschmann, Sheryl Jiang, and Sophia Kholodenko welcome inquiries from Booth alumni who would like to get more involved in running the International Roundtable.

Responsibilities include:
--Regular attendance
--Programming: identifying interesting topics and securing speakers
--Administration: writing publicity, publicizing events through the University and roundtable email distribution list channels, and coordinating with the Alumni Office

NEW OFFERING: LITERATURE TABLE
Networking is a key benefit of attending. To that end, a table will be made available for literature and handouts. Bring your business cards, brochures, handbills, literature, resumes, and publicity for placement on the table.

CHICAGOLAND INTERNATIONAL BUSINESS EVENTS
The Illinois International Business Calendar is one of the comprehensive lists of events in the Chicago area. For a free PDF copy, write info@itagc.org. The calendar can also be viewed at www.itagc.org

Deadline: 11/15/2018

Speaker Profiles

Robert Z. Aliber (Speaker)
Professor Emeritus, Booth School of Business, The University of Chicago

Robert Aliber joined the faculty of the Graduate School of Business of the University of Chicago in 1965 and left the classroom in 2004 as professor of International Economics and Finance Emeritus. Aliber has been the Houblon-Norman Fellow at the Bank of England, the Bundesbank professor at the Free University of Berlin, the JPMorgan Prize Fellow at the American Academy of Berlin, and a visiting scholar at the Woodrow Wilson Center for Scholars in Washington. He has been a visiting professor at the Amos Tuck School of Dartmouth College, the London Business School, Williams College, and Brandeis University.

Aliber has written extensively about the prices of currencies, international investment flows, banking issues, the multinational firm, international monetary arrangements, and financial crises. His first book The Future of the Dollar as an International Currency was published in 1966 (Praeger). The Management of the Dollar in International Finance (Princeton University Press) was published in 1967, the first edition of The International Money Game (Basic Books) appeared in 1973, and the seventh edition now titled The New International Money Game (Palgrave) was published in 2012. The Multinational Paradigm (MIT Press) appeared in 1992. Aliber inherited Manias, Panics, and Crashes (Palgrave) from Charles Kindleberger, who had brought out the first four editions; he brought out the fifth edition in 2005 and the sixth edition in 2011. He has also written two different books on personal finance with the title Your Money and Your Life; the first appeared in 1983 (Basic Books) and the second in 2011 (Stanford University Press). He was the co-editor with George P. Shultz of Guidelines, Informal Controls, and the Market Place (University of Chicago Press) in 1967. Aliber has written extensively about the financial crisis in Iceland and co-edited Prelude to the Icelandic Financial Crisis (Palgrave, 2011) with Gyfli Zoega.

His current research focus is the identification of the source of shocks that have led to the large variability in the prices of currencies, bonds, stocks, real estate, and commodities since the early 1970s. These shocks have led to more than forty banking crises, which have been largely overlapping with currency crises. The Great Recession of 2009 resulted from the banking crisis of 2008.

Questions

Karl L. Buschmann 
Co-chair

Other Information

Questions/Concerns/Suggestions for Speakers? Contact the Leadership Team
Karl L. Buschmann
kbuschma@ChicagoBooth.edu
847 310 0412

Sheryl Jiang
Sheryl.jiang@chicagobooth.edu
312 607 0889

Sophia Kholodenko
skholode@uchicago.edu
773 702 0783

Career Management
In transition? Looking for a job? Come to the networking session for information exchange.