The Sawyer Business School’s Center for Global Business Ethics and Law and the Suffolk University Alumni Association will host a panel discussion, “Wall Street Reform: Has the Financial Crisis Led to Meaningful Reform on Wall Street?” at 2:30 p.m. Wednesday, April 13.
The keynote speaker is Andrew Ross Sorkin, editor of the New York Times’ DealBook blog and author of Too Big to Fail: How Wall Street and Washington Fought to Save the Financial System – and Themselves.
Panelists, who will explore the question of whether recent legislative efforts have resulted in meaningful reform on Wall Street. include:
William Emmons, assistant vice president, Federal Reserve Bank of St. Louis
Kathleen Engel, associate dean for intellectual life, Suffolk University Law School, and author of The Subprime Virus: Reckless Credit, Regulatory Failure, and Next Steps
Jacques Longerstaey, executive vice president, State Street Global Advisors
Associate Professor Miriam Weismann, director of the Center for Global Business Ethics and Law at Sawyer Business School will moderate the discussion.
Much of the continuing financial crisis is attributed to the failure of “credible” regulatory oversight. Congress continues its quest, now closing in on a decade, to identify the reasons that the oversight infrastructure in both the public and private sectors collapsed at the most critical moments. One of the most compelling reasons for the failure has been attributed to a critically outdated regulator infrastructure unable to keep pace with private-sector innovations in modern finance. Recently, Congress responded to the problem with the expansion of federal financial regulation by passing the Wall Street Reform and Consumer Protection Act signed into law on July 21, 2010.
The panel discussion is fully booked. Media who wish to attend may contact Mariellen Norris, 617-573-8450.