The Economics Department presents the 2016 Tangri Lecture:
"Is the Financial System Fixed?"
Dr. Christine M. Cumming
Sidney Simon Visiting Scholar in the Department of Economics
and former First Vice President of the Federal Reserve Bank of New York and Alternate Voting Member of the Federal Open Market Committee
March 2, 7:00 to 8:00 PM
New Brunswick Theological Seminary, Mast Chapel, 35 Seminary Place, College Avenue Campus
What went wrong in the financial system up to and during the 2008-09 financial crisis? What needs to be fixed? Is the financial system inherently fragile? Are we likely to see more bailouts of the financial system in the coming years and decades?
Dr. Cumming, former first vice president of the Federal Reserve Bank of New York and the Bank's second-ranking officer, will discuss these burning questions and more in her lecture.
Dr. Cumming is currently the Sidney Simon Visiting Scholar in the Department of Economics.
She was recently elected to the Board of Trustees of the Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).
Dr. Cumming holds a B.S. and a Ph.D. in economics from the University of Minnesota.