Lauder Institute Explores Financial Crisis and Prospects for Recovery

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Three-day Conference Presents the Realities Behind the Crisis, the Impact on Civic Banking and the International Economy, and Strategies for Recovery

PHILADELPHIA, Aug. 28 — The Wharton School’s Lauder Institute, together with the Spanish savings bank Caja Navarra (CAN), pioneer in civic banking, hosted a conference July 29-31, 2009 in Philadelphia Pennsylvania titled, “Recovering from the Crisis: Financial Services, The Real Economy, and Civic Banking.” The conference drew on the expertise of Wharton’s premier faculty, addressing financial crisis concerns such as the real estate market, civic banking, the impact on pensions and how the crisis is being handled internationally. Strategies for containing and resolving the crisis were also presented.

“The Lauder Institute and Wharton are committed to providing sound analysis about the crisis, its consequences, and the policy options,” said Mauro Guillen, Director of the Lauder Institute. “In partnering with CAN, we seek to create an annual forum for the discussion of important topics that affect the global economy.”

Speakers included:

Mauro F. Guillen, Director of the Joseph H. Lauder Institute of Management & International Studies at the Wharton School of the University of PennsylvaniaEnrique Goni, CEO of Caja Navarra (CAN)Robert Inman, the Richard King Mellon Professor of Finance, and Member of the Mayor’s Council of Economic Advisors, City of PhiladelphiaFranklin Allen, the Nippon Life Professor of Finance at the Wharton School, and former President of the American Finance AssociationJoseph Gyourko, the Martin Bucksbaum Professor of Real Estate at the Wharton School, and Trustee and Academic Fellow of the Urban Land InstituteJohn Paul MacDuffie, Associate Professor of Management at the Wharton School, and Co-Director of the International Motor Vehicle ProgramOlivia Mitchell, the International Foundation of Employee Benefit Plans Professor of Risk and Insurance, and Trustee of the Wells Fargo Advantage Trust BoardsBulent Gultekin, Associate Professor of Finance at the Wharton School, and former Governor of the Central Bank of the Republic of TurkeyEmilio Ontiveros, CEO of Grupo Analistas

About the Lauder Institute
The University of Pennsylvania’s Lauder Institute, founded in 1983, combines a world-renowned Wharton MBA with a Master’s in International Studies. Advanced language and foreign culture training, a two-month in-country immersion, and a research project from the School of Arts & Sciences all prepare Lauder students for the ever-evolving global economy. Graduates join the diverse, supportive and committed worldwide Lauder community — continuing a 25-year tradition of international business leadership. The Lauder Institute also offers an MA/JD joint degree. The Lauder Institute is also home to the Penn Lauder CIBER (Center for International Business Education and Research), funded by a grant from the U.S. Department of Education, which provided partial support for this conference. For more information, visit www.lauder.wharton.upenn.edu.

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