World-renowned economist and author of Lords of Finance
The Bankers Who Broke the World
Luncheon and Program
Thursday, July 9
11:30 a.m. Registration
12:00 p.m. Luncheon
811 Rusk Street
Houston, TX 77002
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Months before the Wall Street catastrophe of 2008 financial wizards and soothsayers were warning of the coming collapse. Savvy investors and economic gurus referred to a previous era of unrestrained capitalism to predict the meltdown. Among those drawing lessons from the past was investment manager Liaquat Ahamed, whose critically-acclaimed book Lords of Finance: The Bankers Who Broke the World was already slated for January, 2009 release.
In spite of an infusion of record quantities of public money, the economic turnaround is far from assured. Liaquat's research into the bankers of the Great Depression, both their role in causing the collapse and their hoarding of resources in the face of the disaster they had created can be used as a template in understanding the credit system's sluggish response to the modern dilemma.
Ahamed has been a professional investment manager for twenty-five years. He has worked at the World Bank in Washington, D.C., and the New York-based partnership of Fischer Francis Trees and Watts, where he served as chief executive. He is currently an adviser to several hedge fund groups, including the Rock Creek Group and the Rohatyn Group, is a director of Aspen Insurance Co., and is on the board of trustees of the Brookings Institution and the New America Foundation. He has degrees in economics from Harvard and Cambridge universities.
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