NATIONAL
BUREAU OF ECONOMIC RESEARCH, INC. |
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SUMMER
INSTITUTE 2007 |
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Risks of
Financial Institutions group |
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Mark Carey and Rene Stulz, Organizers |
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August 1,
2007 |
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Royal Sonesta Hotel |
University BC Room |
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PROGRAM |
Wednesday,
August 1: |
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Joint meeting with the Corporate
Finance Workshop |
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8:00 am |
Coffee and Pastries |
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8:30
am |
Stewart
Myers, MIT and NBER |
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Isil
Erel, |
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James
A. Read, The
Brattle Group |
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Capital Allocation |
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Discussant:
Ken Froot, |
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9:20
am |
Mark
Carey and Michael Gordy, Federal Reserve Board |
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The Bank as Grim
Reaper: Debt Composition and Recoveries of Defaulted Debt |
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Discussant: HAYNE LELAND, UC, Berkeley |
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10:40 am |
Break |
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Corporate
Finance Workshop continues |