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Today's Financial Crisis

July 9, 2011

Kathryn Lavelle– Ellen and Dixon Long Associate Professor of World Affairs at Case Western University and a current Fellow of the Woodrow Wilson Center.

The worldwide financial crisis is described as being the worst since the great depression. A "perfect storm" of unregulated investment practices, aggressive trading and individual indiscipline led to a credit freeze that threatens banking systems worldwide. While a rapid and massive response is called for it is uncertain that the "bailout" currently underway will work. Kathryn Lavelle explains what is at stake and what possible remedies exist.

Guest

Kathryn C. Lavelle

Kathryn C. Lavelle

Global Fellow;
Ellen and Dixon Long Professor of World Affairs, Department of Political Science, Case Western Reserve University
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