Addressing Systemic Risk
With a Keynote Presentation by Alan Greenspan

In late March, Treasury Secretary Timothy Geithner proposed a two-part plan for addressing systemic risk in light of the failure of Lehman Brothers and the rescue of AIG. As proposed, the plan contemplates a "systemic regulator" that would oversee the entire financial system and have the authority to designate certain bank and nonbank financial firms as "systemically important financial institutions" (SIFIs). The designation would apparently mean that the government believes an SIFI's failure could result in a systemic breakdown--a widespread economic or financial collapse--and, for that reason, SIFIs would be specially regulated and supervised. In addition, the plan would give the Federal Deposit Insurance Corporation the authority to bail out or liquidate failing SIFIs. The plan raises significant questions: whether it is possible to identify, in advance, firms that might cause a systemic breakdown if they fail; whether a designation as an SIFI will be seen by markets as a government certification that an institution is too big to fail; whether a resolution system for nonbank financial institutions will result in more AIG-like bailouts; and whether what happened in the financial markets this past fall was an example of systemic risk. These and other questions will be addressed at this conference.

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Tuesday, September 16, 2014 | 5:00 p.m. – 6:00 p.m.
The Constitution as political theory

Please join us for the third-annual Walter Berns Constitution Day Lecture as James Ceasar, Harry F. Byrd Professor of Politics at the University of Virginia, explores some of the Constitution’s most significant contributions to political theory, focusing on themes that have been largely unexamined in current scholarship.

Wednesday, September 17, 2014 | 8:10 a.m. – Thursday, September 18, 2014 | 1:30 p.m.
Third international conference on housing risk: New risk measures and their applications

We invite you to join us for this year’s international conference on housing risk — cosponsored by the Collateral Risk Network and AEI International Center on Housing Risk — which will focus on new mortgage and collateral risk measures and their applications.

Event Registration is Closed
Thursday, September 18, 2014 | 2:15 p.m. – 3:00 p.m.
Speaker of the House John Boehner on resetting America’s economic foundation

Please join us as Speaker John Boehner (R-OH) delivers his five-point policy vision to reset America’s economy.

Event Registration is Closed
Friday, September 19, 2014 | 9:15 a.m. – 11:00 a.m.
Reforming Medicare: What does the public think?

Please join us as a panel of distinguished experts explore the implications of the report and the consumer role in shaping the future of Medicare.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.