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Last Visited: 11/9/2008
Douglas Diamond, Merton H. Miller Distinguished Service Professor of Finance, discussed "The Current Financial Crisis, Other Recent Crises, and the Role of Short-term Debt," at the second of four weekly lectures on the credit crisis hosted by the Initiative on Global Markets, October 28.
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Douglas Diamond, Merton H. Miller Distinguished Service Professor of Finance, discussed "The Current Financial Crisis, Other Recent Crises, and the Role of Short-term Debt," at the second of four weekly lectures on the credit crisis hosted by the Initiative on Global Markets, October 28.
...
Bost: It ends with a bang…some guy in the audience compliments Doug on the analysis and then asks "…would you like to take a shot at telling us where we are going?"
Doug talks about the work a team of economists are performing to propose a solution, started by Ken French.