Financial experts to discuss credit crisis impact

Author: Carol Elliott


As the global financial markets continue to plummet, answers are in short supply, from the big picture of underlying causes down to how this will affect the individuals wallet.

The unfolding credit crisis and its potential impact on the consumer and the national and global economies will be discussed by a panel of financial experts at the University of Notre Dame from 7 to 9 p.m. Oct. 13 (Monday) in the Jordan Auditorium atthe Mendoza College of Business.

The Credit Crisis: What It Means for You and the Worldwill explore the potential impact of the historic market downturns and tightening of credit. The event is free and open to the public.

This crisis will touch everyone, and yet so much is unclear,said Richard Mendenhall, chair and Fred V. Duda Professor of finance.We are going to have four well-studied people participating in the panel discussion who also have deep practical experience with banking and the financial markets. They dont have crystal balls, but they should have good perspectives.

Katherine Spiess, associate professor of finance at Notre Dame, will moderate the event. Panelists are:

•John Rosenthal, chief executive officer of the Northern Indiana region of OldNational Bancorp and former CEO of St. Joseph Capital Corp.

•Tom Cosimano, professor of finance at Notre Dame and a visiting scholar forthe International Monetary Fund

•Margaret Forster, a Notre Dame associate professional specialist in finance and formerprincipal of Wanger Asset Management, a Chicago money management firm

•Nelson Mark, DeCrane Professor of International Economics in theDepartment of Economics and Econometrics at Notre Dame

Each panelist will talk for approximately 15 minutes and will answer questions from the audience during the second hour of the presentation. The event is sponsored by the Department of Finance.

_ Contact: Richard Mendenhall, 574-631-6076,_ " "

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