Thursday, April 3, 2008

News Sources: More Wall Street Regulation Urged

A top Federal Reserve official told a Senate committee on Thursday that Washington must increase its regulation of Wall Street in order to prevent other banks from needing rescues similar to the one at Bear Stearns. The official, Timothy F. Geithner, the president of the Federal Reserve Bank of New York, called for a simpler, more stringent supervision over financial institutions and urged banks to put in place more fail-safes to prevent the liquidity problems that claimed Bear Stearns last month. Reporters looking for experts to interview on this topic can find them online at the collegenews.org database of news sources and subject matter experts
from America's leading liberal arts colleges and universities, including (click on names for contact information):

Ann Owen - Associate Professor of Economics, Hamilton College - Owen served as an economist for the Federal Reserve Board of Governors before joining Hamilton College. She is a frequent media commentator on issues related to Federal Reserve decisions, Social Security, and various economic indices for outlets including MarketWatch, Associated Press, The New York Times, UPI, Atlanta Journal Constitution and the Baltimore Sun. She also serves as director of the Arthur Levitt Public Affairs Center at Hamilton College.

Charles R. Geisst -Professor of Economics and Finance, Manhattan College - Geisst has 10 years of investment banking experience. He is the author of 10 books, including Wall Street: A History, as well as trade articles and interviews in the International Herald-Tribune, The Wall Street Journal, and Investors Chronicle.

John H. Mutti - Sidney Meyer Professor of International Economics, Grinnell College - A former international economist with the Office of International Tax Affairs and a former senior staff economist with the Council of Economic Advisers, Mutti conducts research and teaches courses on international economics, international trade policy, international finance, public finance, financial policy and development economics.

Labels: , , ,