Conference Call: Wall Street in Crisis (Audio)

Wall Street in Crisis

from Corporate Conference Calls

More on:

United States

Economic Crises

The bankruptcy of Lehman Brothers, the sale of Merrill Lynch, and worries about the fate of AIG and other financial institutions have thrown the world markets into disarray, and raised serious questions about the health of the American economy. As the Federal Reserve uses monetary policy to prop up the financial system rather than to protect value of the currency, the dollar's viability as the global reserve currency is also being called into doubt. What are the ramifications of the central bank response, and are there any lessons to be learned from central bank response to past crises? Are more stringent financial regulations inevitable? How will this most recent crisis affect the global position of the U.S. economy? Join renowned CFR experts Sebastian Mallaby and Roger Kubarych in discussing these issues.

Speakers

Roger M. Kubarych

Henry Kaufman Adjunct Senior Fellow for International Economics and Finance, Council on Foreign Relations

Sebastian Mallaby

Director of the Maurice R. Greenberg Center for Geoeconomic Studies; Paul A. Volcker Senior Fellow for International Economics; Deputy Director of Studies, Council on Foreign Relations

Top Stories on CFR

Climate Change

The United Nations is fast-tracking discussions that aim to forge an international agreement to curb plastic waste, one of the most pervasive and hazardous environmental pollutants.

Kenya

With a divided electoral commission and legal challenges in the works, Kenya’s presidential election is neither the disaster some feared, nor the unambiguous success hoped for by champions of democracy.

Afghanistan

A year after the U.S. withdrawal, half of Afghanistan’s population faces a food emergency, and the Taliban regime acts with cruelty and indifference.