Agenda and Sessions


A printable version is here.

Thursday, December 7th

All sessions will be in Lerner Auditorium.  Registration for audience is here.



Registration and Continental Breakfast



Welcoming Remarks

David Madigan; Executive Vice President and Dean of Faculty of Arts and Sciences and Professor of Statistics



SESSION 1: Financial Market Reform

If ‘It’ Happened Again: A Roadmap for Regulatory Reform—Glenn Hubbard; Dean, Columbia Business School and Russell L. Carson Professor of Finance and Professor of Economics, Columbia University

Discussant: Katharina Pistor; Michael I. Sovern Professor of Law, Columbia Law School



SEssion 2: Trends in Financial Market Regulation

 Delegation and the Regulation of Finance in the United States since 1950—Sharyn O'Halloran & Thomas Groll & Geraldine McAllister; School of International and Public Affairs, Columbia University

We Did Not Repeat the Error of the Past—Lessons from the Fed Policy during the Great Depression. Antoine Parent; Professor of Economics, Sciences Po Lyon and LAET CNRS

Regulation and Competition in the European Financial Sector—Pierre-Charles Pradier; University Lecturer, Université Paris 1 Panthéon-Sorbonne

Discussant: Nolan McCarty; Susan Dod Brown Professor of Politics and Public Affairs, Princeton University

Coffee Break



Session 3: Fit for Purpose: Creating the Right Incentives?

Bank Boards: What has Changed since the Financial Crisis?—Shivaram Rajgopal; Vice Dean of Research, Columbia Business School and Kester and Byrnes Professor of Accounting and Auditing, Columbia University

Banks and Tax Havens: First Evidence based on Country-by-Country Reporting—Gunther Capelle-Blancard; Professor of Economics, University Paris 1, Pantheon-Sorbonne

Discussants: Fred Marcusa; Managing Director, Marcusa Global Advisors & Howard Rosenthal; Professor of Politics, New York University



Keynote by Joseph Stiglitz

University Professor, Columbia University


SESSION 4: Use and Abuse of Financial Models and Instruments for Stabilizing the Global Economy

Right Way to Use Financial Models —Emanuel Derman; Director of the MS Program in Financial Engineering, Fu Foundation School of Engineering and Applied Science, Columbia University

The Instability of the Information Economy—Eli Noam; Paul Garrett Professor of Public Policy and Business Responsibility, Columbia Business School

The FSOC’s Off-Ramp for the Systemically Important Financial Firm—Jeffrey Gordon; Richard Paul Richman Professor of Law, Columbia Law School

Discussant: Mark Flood; Research Principal, Office of Financial Research, United States Department of the Treasury


Faculty Room in Low Memorial Library
Separate Tickets

Reception and Keynote by Jacob Lew

Progress and Challenges Ten Years after the Financial Crisis—Jacob Lew; Former United States Secretary of the Treasury

Friday, December 8th

All sessions will be in Faculty House. Registration for audience is here.






SESSION 5: Interview With William Winters

Lessons Learned? Striking the Right Balance between Markets and Regulation—William T. Winters, CBE; CEO, Standard Chartered

Moderator: Ailsa Roell; Professor of International and Public Affairs, Columbia University



SESSION 6: Future Risks - The Origins of the Next Financial Crisis

How to Regulate in Times of Crisis—Stephen M. Cutler; Vice Chairman, JPMorgan Chase

More or Less Regulation Isn’t the Question; It’s Getting it Right —Barney Frank; Former Chairman, House Financial Services Committee, United States House of Representatives

Global Financial Crises and Regulatory Cycles—John C. Coffee Jr.; Adolf A. Berle Professor of Law, Columbia Law School

Moderator: Kathryn Judge, Professor of Law, Columbia Law School

Coffee Break


Session 7: Future Risks - Regulating for Systemic Risk

Containing Systemic Risk by Taxing Banks Properly—Mark J. Roe; David Berg Professor of Law, Harvard Law School & Michael Troege; Professor of Finance, ESCP Europe

Money Market Funds a Decade after the Onset of the Crisis —Viktoria Baklanova; Acting Associate Director, Office of Financial Research, United States Department of the Treasury & Joseph Tanega; Professor of International Financial Law, University of Westminster

The Collateral Rule: An Empirical Analysis of the CDS Market— Agostino Capponi; Assistant Professor, Fu Foundation School of Engineering and Applied Science, Columbia University

Discussant: Shyam Sunder; James L. Frank Professor of Accounting, Economics, and Finance at the Yale School of Management and Professor in the Department of Economics, Yale University