Media Advisory

Expert panel to examine Obama administration's new Financial Stability Plan

Contact: Susan Gluss, School of Law
(510) 642-6936
sgluss@law.berkeley.edu

13 February 2009

ATTENTION: Reporters and producers covering the nation's economic crisis


 WHAT

"Good Bank, Bad Bank: Increasing Credit Liquidity, Stemming Foreclosures and Supporting the Economy," a panel discussion at the University of California, Berkeley, by a group of distinguished university scholars analyzing the Obama administration's new Financial Stability Plan. Experts in economics, business and public policy will examine how the plan, announced Feb. 10 by Treasury Secretary Timothy Geithner, will impact taxpayers. Panelists will discuss capital infusions and how to value toxic assets so that taxpayer funds are not misspent.

The event at UC Berkeley is being co-sponsored by the School of Law's Berkeley Center for Law, Business and the Economy; the Center on Institutions and Governance at the Institute of Governmental Studies; and the Haas School of Business.

 WHEN

Wednesday, Feb. 18, 5-6:30 pm

 WHERE

Booth Auditorium, UC Berkeley School of Law. For a map, go to http://www.berkeley.edu/map/maps/DE67.html

 WHO

Panelists will include John Quigley, moderator and UC Berkeley professor of economics, public policy and business; Paul Milgrom, Stanford University professor of humanities and sciences; James A. Wilcox, UC Berkeley professor of business at the Haas Economic Analysis and Policy Group and the Haas Finance Group; Dwight Jaffee, UC Berkeley professor of banking, finance and real estate at the Haas Real Estate Group and the Haas Finance Group; and Nancy Wallace, California Chair of Real Estate and Urban Economics Chair at UC Berkeley's Haas Real Estate Group and co-chair of the Fisher Center for Real Estate and Urban Economics.

DETAILS

The program will be webcast and archived online by the Berkeley Center for Law, Business and the Economy (http://www.law.berkeley.edu/centers/bclbe/) and the Institute of Governmental Studies (http://igov.berkeley.edu/). "Blue Sky," a new campus website that showcases UC Berkeley faculty members' fresh policy ideas for the Obama administration, will also link to the webcast.