The U.S. Financial Crisis... Is There an End in Sight?

Several MIT financial experts will discuss the current economic climate and how it has changed in the last six months. The speakers are: Profs. Ricardo Caballero (Economics), Bengt Holmstrom (Economics), Andrew Lo (Sloan), James Poterba (Economics) and William Wheaton (Economics). The talk builds on a similar event held in October; since October the stock market has continued to plummet, the U.S. rate of home foreclosures has soared and unemployment has reached levels not seen in decades.

Tuesday's event will include the same experts that discussed the crisis in October -- Ricardo Caballero, the Ford International Professor of Economics and the head of the Department of Economics; Bengt Holmstrom, the Paul A. Samuelson Professor of Economics; Andrew Lo, the Harris & Harris Group Professor in the MIT Sloan School of Management; James Poterba, the Mitsui Professor of Economics; and William Wheaton, professor of economics and director of the Center for Real Estate.