Study Group Details


356: When Will They Ever Learn?

Tuesday
1:30 - 3:20
Starting March 03
Greek Orthodox Church

In one century, the U.S. has suffered three debilitating financial crises: in 1907, 1929 and 2007-8. This course looks at the commonality of the underlying causes of all three, primarily as determined by the three official commissions established to identify those causes in order to explain them to the public. The class will discuss these and the remedies that ensued after each. (Repeat)


This study group is
Class Type: Lecture and Discussion
Class Format: TBA
Hours of Reading: No required reading

Study Group Leader(s):

Barbara Opper

Barbara Negri Opper is a financial economist with experience in the life insurance industry, as an economist covering the banking system, capital markets, and non-bank financial institutions at the Federal Reserve Board, and conducting the World Bank's own financial policy and risk management. She now advises governments on their sovereign debt risk management.


Reading List

"The Pujo Committee Report on its 1912-1913 Investigation of the Money Trust" (U.S. Senate Banking Committee) | 1913: U.S. Government Printing Office | ISBN: https://fraser.stlouisfed.org/publication/?pid=80 | Recommended

"The Pecora Committee Report" (U.S. Senate Banking Committee) | 1934: U.S. GPO | ISBN: http://fraser.stlouisfed.org/docs/publications/sensep/19340606_sensep_rpt.pdf | Recommended

"The Financial Crisis Inquiry Commission" (Philip Angelides and others) | 2011: U.S. GPO | ISBN: http://fcic.law.stanford.edu/ | Recommended