DERIVATIVES, GLOBAL FINANCE, AND CRISIS

DERIVATIVES, GLOBAL FINANCE, AND CRISIS
SS 306

How did financial markets get so big and so crisis-prone with so little regulation? What are derivatives and what role did they play in the financial crisis of 2008-2009? What has changed since then? We will examine the role of complex, opaque financial products in the global financial system.

There will be three lectures covering the lead-up to the global financial crisis; how derivatives magnified the collapse of the US residential mortgage market; the difficulty of effectively regulating financial markets even in the aftermath of crisis.

Presenter: Erin Lockwood
is an Assistant Professor of Political Science at UCI. Her Ph.D. is from Northwestern University. Her teaching and research specialties are international political economy, global financial politics and global inequality.

Developer: Thomas Bernstein

Fridays, March 1, 8, 15
10:00 AM - 12:00 Noon

Facilitators:
Al Fuller 949-854-8809
Alisz1@cox.net

David Israelsky 714-969-0428
disraelsky@verizon.net