Bendheim Center for Finance Celebrates 10th Anniversary
On September 24, the Bendheim Center for Finance celebrated a decade of leadership in finance education and research with a day-long conference featuring leading faculty of the program. The conference, attended by faculty, alumni, corporate affiliates and students of the program kicked off with introductions by Dean of the Faculty David P. Dobkin, Yacine Aït-Sahalia, BCF director, and Lynn Bendheim Thoman, co-president of the Lowenstein Foundation and daughter of the Center's generous benefactor, Robert Bendheim, who died in 2009.
The first panel, "Bubbles, Behaviors and the Origins of the Crisis," featured faculty members Yacine Aït-Sahalia, Harrison Hong, Daniel Kahneman, José Scheinkman, and Ronnie Sircar in a lively discussion on the financial crisis and the impact of overconfidence, poor risk management and greed on the industry and the economy as a whole.
Addressing possible solutions to the repercussions of the crisis, Alan Blinder, Markus Brunnermeier, Governor Jon Corzine, Paul Krugman, and Hyun Shin outlined options for "A New Architecture for the Financial System."
In the final session, "Should Finance Research and Teaching Change in Light of the Financial Crisis?," René Carmona, Jianqing Fan, Burton Malkiel, Christopher Sims, and Wei Xiong debated possible outcomes from an academic viewpoint.
The conference was followed by a standing room only public lecture by the founder of the program, Federal Reserve Chairman Ben S. Bernanke. The full text of his talk is available at the Federal Reserve website.
President Shirley M. Tilghman welcomes Ben Bernanke back to Princeton.
Harvey Rosen, Lynn Thoman, Lori Martin, Chris Eisgruber, Tilghman, Bernanke, Alan and Madeline Blinder, Yacine Aït-Sahalia.
Dean of the Faculty David Dobkin welcomes alumni, students, faculty and corporate affiliates to the conference.
Lynn Thoman shared her memories of her father's vision of the Bendheim Center.
Ronnie Sircar, Yacine Aït-Sahalia and Harrison Hong were among the panelists discussing "Bubbles, Behaviors and the Origins of the Crisis"
Daniel Kahneman listens as his colleagues discuss the crisis.
Advisory Council member Bill Janeway listens as a panelist addresses his question, joined by his wife Weslie.
Master in Finance students engage in the conference debate and conversation.
Hyun Shin, Paul Krugman, and Gov. Jon Corzine were among the panelists engaged in "A New Architecture for the Financial System."
Dozens of past Master in Finance alumni returned for the conference, joined by friends and faculty members from across the University.
Princeton lecturer Jon Corzine and Professor Jose Scheinkman catch up since their days together at Goldman Sachs.
Financial architecture panelists Alan Blinder, Markus Brunnermeier, Corzine, Krugman, and Shin took a number of questions from a lively audience.
The Carl Fields Center hosted the conference of more than 200 attendees.
René Carmona, Wei Xiong and Burt Malkiel were among the panelists discussing "Should Finance Research and Teaching Change in Light of the Financial Crisis?"
Advisory Council member Jack Bogle, founder of Vanguard, questions a panel.
Wei Xiong, Burton Malkiel, Christopher Sims, and Jianqing Fan debated possible outcomes from an academic viewpoint.
Aït-Sahalia welcomes students, faculty, alumni, trustees and community members to the Bernanke lecture, and introduces President Tilghman.
Bernanke defended the importance of economic research in confronting the recent financial crisis and presented a vision for reforms to avert future downturns.
Bernanke’s first visit on campus since 2006 was met with a standing room only audience at Richardson Auditorium.
Provost Eisgruber welcomed BCF Advisory Council members, alumni, students and CEPS members to a dinner concluding the 10th anniversary events.
BCF Advisory Council and CEPS member Skip McGee, Liz and BCF Advisory Council Chairman Jeff Peek connect during the reception.
Princeton students welcome Bernanke back to campus at the opening of the reception.
Bernanke meets more Princeton students.
Lesley and Barbara Vannerson chat with Kathleen Traynor DeRose.