Past Events

Could the Fed Have Saved Lehman Brothers? 
November 28, 2016
Economist Laurence M. Ball from Johns Hopkins University made the provocative argument that the Federal Reserve had the authority to bail out Lehman Brothers, but chose not to do so for other reasons. Co-sponsored by the University of Michigan Law School and the Ford School of Public Policy.

Ending Too Big to Fail?
November 2, 2016
FDIC Chairman Martin J. Gruenberg discussed what steps have been taken by the FDIC and other federal financial regulators to prevent allowing any financial institution from ever being deemed “too big to fail” and where there is still work to be done.

Big Data in Finance
October 27-28, 2016

This conference brought together a wide range of scholars, regulators, policymakers, and practitioners to explore how big data can be used to enhance financial stability and address other challenges in financial markets. More than 250 people attended from around the United States and abroad. The event drew students, faculty, and staff from ten different University of Michigan schools ranging from public policy to dentistry.

The conference featured keynotes by Richard Berner (Office of Financial Research), Sendhil Mullainathan (Harvard University) and Kara M. Stein (SEC). The conference was co-hosted with the federal Office of Financial Research and the University of Michigan Center on Finance, Law, and Policy. We gratefully acknowledge the financial support of our sponsors: Smith Richardson Foundation, Omiydar Network, the Michigan Institute for Data Science (MIDAS), the Michigan Ross School of Business, the Michigan College of Engineering and Michigan Law School.

Interdisciplinary Approaches to Financial Stability
October 22-23, 2015
This conference brought together regulators, policymakers, financial market participants, and academic researchers from a broad range of disciplines to explore how methods from diverse fields can be used to better identify, measure, monitor, and mitigate risks in the financial system.

The conference featured keynotes by Richard Berner (Office of Financial Research), Paul Tucker (Harvard Kennedy School), Andrew Haldane (Bank of England), and Lawrence H. Summers (Harvard University).

The conference was co-hosted by the federal Office of Financial Research and the University of Michigan Center on Finance, Law and Policy, with support from the Smith Richardson Foundation, the University of Michigan College of Engineering, and the Ross School of Business.

Sendhil Mullainathan: Machine Learning
October 21, 2015
Sendhil Mullainathan, Professor of Economics at Harvard University, discussed his recent research on how machine learning and data mining techniques can be used to better understand human behavior.

This talk was part of the School of Information’s Yahoo! Seminar Series. It was cosponsored by the School of Information, Center on Finance, Law, and Policy, and Social, Behavioral, and Experimental Economics seminar.

Workshop on International Financial Regulation
May 14-15, 2015
This informal workshop brought together scholars to present and receive feedback on works in progress related to international financial regulation. The first in a new series of annual roundtables on transnational law, the workshop sparked great discussions about this fast-evolving area of international and administrative law.

Alexa Lam: Asia’s Role in Global Financial Reform
April 14, 2015
Alexa Lam, the former Deputy Chief Executive Officer of the Hong Kong Securities and Futures Commission (SFC), provided a first-hand account of Asia’s response to the financial crisis and its role in post-crisis global reforms.

Women in Finance and Bankruptcy Law
November 6, 2014
Attorneys from Chicago, Detroit, and New York law firms discussed their careers in finance and bankruptcy law. The panel discussion was cosponsored by the Center, Michigan Law’s Women Law Student Association and Bankruptcy Law Association, and the Ross School’s Och Initiative for Women in Finance.

Financial Reform: Preventing the Next Crisis
October 23-24, 2014
This day-and-a-half long interdisciplinary conference brought together scholars, current and former government official, industry leaders, and members of the media to take stock six years after the financial crisis and four years after the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The conference featured a keynote address by Richard Cordray, Director of the U.S. Consumer Financial Protection Bureau. It included panels on financial access, financial stability, financial markets, and global finance, which were moderated by prominent members of the press, including Floyd Norris of the New York Times, David Wessel formerly of the Wall Street Journal, Tom Braithwaite of the Financial Times, and Felix Salmon of Fusion.

The conference was made possible through the support of the Russell Sage Foundation and the University of Michigan Office of Research. Papers from the conference will appear in a forthcoming volume of RSF: The Russell Sage Foundation Journal of the Social Sciences.

Growing Apart: Income Inequality in America
September 18, 2014
Neera Tanden, President of the Center for American Progress, discussed growing income inequality in the United States, arguing that “what’s really driving income inequality is not just the top and bottom, but the squeezes on the middle class.” Tanden presented data on the growing financial challenges facing middle-class families and policy recommendations from the Center for American Progress’s report, “The Middle Class Squeeze.” She also answered audience questions and spoke with students and faculty at a reception following her talk.

Shareholder Value: Myth or Reality? The Debate!
November 21, 2013
Cosponsored by the Center on Finance, Law, and Policy and the Ross School’s Business Law Seminar Series, this event featured a lively debate about issues of shareholder value maximization, corporate governance developments, and the role of the firm in society. The debate featured Cornell Law professor Lynn Stout, Ross School of Business professor Uday Rajan, and Michigan Law professor Adam C. Pritchard.

UAW Health Trust + CFLP
September 18, 2013
The Center organized a meeting between Michigan scholars and the leadership of the UAW Retiree Medical Benefits Trust, which manages the funds set aside to pay for UAW retirees’ health care benefits. Faculty and trust officers identified areas of shared interest and potential research collaborations, including in areas of corporate governance.

Roundtable with Former Treasury Secretary Timothy F. Geithner
April 18, 2013
Former Treasury Secretary Timothy Geithner joined faculty and students from across the University for a roundtable discussion. The conversation focused on advancing research on the causes of the financial crisis, crisis prevention, and crisis response. Secretary Geithner also fielded questions on a wide range of topics in economic and financial policy.