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Understanding the Financial Crisis and What It Means to You

From Wall Street to Main Street, Americans are reeling from the current financial crisis. Hear a panel of Stanford experts discuss perspectives on the crisis and what is to come. Recorded October 10, 2008. Panelists: John Shoven (Director, Stanford Institute for Economic Policy Research), Anne Casscells (CIO, Aetos Capital), Darrell Duffie (Professor of Finance, Stanford Graduate School of Business) , Dennis Lockhart (President and CEO, Federal Reserve Bank of Atlanta), John Taylor (Professor of Economics, Stanford University), Mark Wolfson (Founder, Oak Hill Investment Management) Stanford University: www.stanford.edu Stanford Channel on YouTube: www.youtube.com

The recent financial turmoil in the global economy has caused many people to adopt a dour perspective on the state of financial responsibility in the nation and across the world. Much of this cynicism is certainly well deserved, as there were many governments enforcing irresponsible regulations, banks making irresponsible loans, and people taking on an irresponsible amount of debt.

Link:
The Responsibility Dividend