(October 13, 2008)

Contact: Rick DelaHaya, Centenary News Services, 318.869.5073

Frost School of Business Presents Special Convocation on Current Financial Crisis Tuesday, Oct. 14

SHREVEPORT, La. — The Frost School of Business at Centenary College will present a special convocation on the current financial crisis Tuesday, October 14 from 11:10 – 11:55 a.m. in Kilpatrick Auditorium.

"FINANCIAL CRISIS: What’s it all About and What’s its Impact on Me?" will be a brief "nuts and bolts" overview of the current situation, followed by questions from the audience directed to our panel from the Frost School of Business.

Dr. Barbara Davis, Samuel Guy Sample Professor of Business, will present a timeline of the current financial crisis beginning with Bear Stearns, through Fannie Mae and Freddie Mac, investment banks, commercial banks, and finally AIG. Along the way she will succinctly describe the various financial instruments that have been involved in this crisis.
           
Dr. Harold Christensen, Professor of Economics, will present a summary of the various policy responses to the crisis beginning with Treasury actions, then the Federal Reserve and finally the joint action among the most powerful of the world’s central banks taken on October 7.  Particular attention will be paid to the relatively rare occurrence of liquidity crises in modern economies.

For more information, please contact the Frost School of Business at 318.869.5149.


About Centenary College of Louisiana

Centenary College is a private, four-year arts and sciences college affiliated with the United Methodist Church. Founded in 1825, it is the oldest chartered liberal arts college west of the Mississippi River and is accredited by the Southern Association of Colleges and Schools. Centenary is one of 16 colleges and universities constituting the Associated Colleges of the South and is regularly rated as one of the top colleges in the South. In 2008 Centenary College celebrates 100 years in Shreveport and Bossier City.

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