MIT: Independent Activities Period: IAP

IAP 2014



What's Special About Banks? Lessons from the Financial Crisis

Bengt Holmstrom, Professor of Economics

Jan/24 Fri 01:00PM-02:30PM E17-122

Enrollment: Unlimited: No advance sign-up

Banks have come under heavy criticism in the wake of the financial crisis.  We will make the case that much of the criticism, while understandable, is misguided.  We need a better foundation for understanding the unique and changing role banking plays in the economy.

This talk is mainly intended for a non-expert audience.

Sponsor(s): Economics
Contact: Linda Woodbury, E18-201D, 617 253-8885, LWOODBUR@MIT.EDU