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Pomona Student Union Presents Debate on "America's Booms and Busts: Is This Financial Crisis Any Different?"

A panel of experts will examine the common causes behind financial crises throughout history, the unique aspects of the current crisis and the role of regulation in preventing “black swan” events in a panel discussion on Wednesday, Nov. 14 at 7 p.m. The Pomona Student Union event, titled “America’s Booms and Busts: Is This Financial Crisis Any Different?,” will be held at Pomona College (Hahn Building Room 101, 420 N. Harvard Ave., Claremont).

The panelists are:

Bethany McLean, former investment banking analyst for Goldman Sachs, is a contributing editor to Vanity Fair and formerly an editor-at-large at Fortune magazine. In 2001, before Enron’s collapse, she wrote an article for Fortune that raised questions about Enron’s immense profitability. In 2003 she co-wrote a book about the scandal, The Smartest Guys in the Room, which was developed into a documentary in 2005. She is most recently the author of All the Devils are Here: The Hidden History of the Financial Crisis (2010).

Sean Flynn is a professor of behavioral economics at Scripps College and the author of the bestseller Economics for Dummies (2005), which explains how Wall Street affects Main Street. He earned his PhD at UC Berkeley, studying under Nobel Prize winners George Akerlof and Daniel McFadden. He is a recurring commentator on NPR, Fox Business Network and ABC News.

James Likens is a professor of economics at Pomona College, with a specialty in the financial services industry and credit unions. His past business experience includes being a consultant to 3M Company. He is chair of the board of directors of First City Credit Union, which serves students, staff and faculty of the Claremont Colleges; and president of Western CUNA Management School, an executive development program held each summer on the Pomona College campus.

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The Pomona Student Union was founded by students in 2003 to inspire open dialogue on campus through a series of challenging and intellectually diverse debates and events.