Financial Innovation: A Risky Business?

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We are pleased to announce that "Financial Innovation: A Risky Business?" will be airing on Sunday, March 24 at 7 PM on WNET/THIRTEEN!

 

Coming soon:  DVD with bonus features including interviews with Bruce Kogut, Sanford C. Bernstein & Co. Professor of Leadership and Ethics, and Lew Kaden, Vice Chairman of Citigroup Inc.

Photographs of the event are available here


This event is presented by Fred Friendly Seminars in partnership with the Sanford C. Bernstein & Co. Center for Leadership and Ethics, and is part of Columbia Business School’s Individual, Business and Society (IBS) curriculum. This interactive discussion explores the value of financial markets, the interaction between government and innovation, and what role markets should play in society.

Moderated by Professor Robert Jackson of Columbia Law School, the recipient of the 2012 Willis L.M. Reese Prize for Excellence in Teaching.

Panelists include:

David Abrams, Managing Member, Abrams Capital

Caroline Baum, Columnist, Bloomberg

Ed Conard, former Managing Director, Bain Capital

Wilson Ervin, Senior Advisor to the CEO, Credit Suisse

Representative Barney Frank, US Congress and former chairman of the House Financial Services Committee

Gary Gensler, Chairman, Commodity Futures Trading Commission

Linda Gibbs, Deputy Mayor of New York City

Robert Solow, Nobel Prize Laureate

Alicia Glen, Managing Director, Goldman Sachs, and adjunct professor, Columbia Business School

Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management, Columbia Business School

Blythe Masters, Head of Global Commodities, JPMorgan

Andrew Ross Sorkin, Co-anchor of CNBC's Squawk Box, and Financial columnist for The New York Times

Peter Stringham, CEO, Young & Rubicam Brands

About the Socratic Dialogue Method:

The unique Fred Friendly Socratic Dialogue format, devised by the late president of CBS television news and producer for Edward R. Murrow, uses hypothetical scenarios and role-playing to explore how decisions are made and what their impact will be on a variety of constituents. The moderator guides the panel through a scenario that, as it unfolds, reveals the dilemmas, the choices and the decision-making processes confronting all sides in concrete situations. To watch “Anatomy of a Hostile Takeover”, the 1987 video featuring industry leaders such as T. Boone Pickens; chief executives from James Bere (Borg-Warner), Robert Mercer (Goodyear), and Warren Buffett (Berkshire Hathaway); Sir James Goldsmith; Rudy Giuliani (former US Attorney, Southern District of NY); Frederick Joseph (Drexel Burnham Lambert); John Gutfreund (Salomon Brothers) and others, that inspired this event please click the VOD link here.

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In this interview, “Financial Innovation for Social Change,” Lew Kaden, Vice chairman of Citigroup, speaks with Bruce Kogut, director of the Bernstein Center, about the expansion of financial innovations to extend inclusive financing to those in need, how technology aids the pace and development of financial innovations that create social value, and the importance of regulating innovations and financial institutions. 

Professor Bruce Kogut introduces the panelists and the theme for the day's debate.

The full panel and moderator, Professor Robert Jackson.

Professor Robert Jackson speaks with Nobel Prize Laureate Robert Solow and Alicia Glen.

Representative Barney Frank and Wilson Erwin

(from top) Panelists Rep. Barney Frank, Blythe Masters, David Abrams, Andrew Ross Sorkin, Ed Conrad, Peter Stringham, and Linda Gibbs