Tag Archives: Financial Crisis ’08

Contagious Systemic Risk: My Warning in 2005

Durham , NC — In late January 2005, Fuqua finance professor Cam Harvey traveled to Davos, Switzerland, for the world’s most important annual economic forum. From his panel discussion on corporate earnings to his encounters with senators and celebrities, Harvey … Continue reading


The Risk We Face: AIG Nationalization and Other Thoughts

  The extraordinary risk will not be resolved by the nationalization of AIG or steps to make it easier to borrow from the Federal Reserve. We face the specter of the ‘night of the living dead scenario’ where there are … Continue reading


The Night of the Living Dead

We face the specter of the ‘night of the living dead scenario’ where there are hundreds if not a thousand financial institutions are operating today – but are dead if mark to market accounting was applied to their assets. In … Continue reading