A week ago tonight, our Center for Leadership and Ethics sponsored a talk by Thomas Hoenig, CEO of the Kansas City Fed. Talk about timing -- coming on the heels of the bailout of Fannie Mae and Freddie Mac and now just before the meltdown of Lehman Brothers.
The 10th District Fed Chairman did not disappoint as he gave a succint history of the Fed -- created as a way to counterbalance Wall Street--and then gave insight on the macro factors now affecting the turbulent economy. While a distressful time for many right now, the news right now is quite instructive on the risks and rewards of a market system.
The 10th District Fed Chairman did not disappoint as he gave a succint history of the Fed -- created as a way to counterbalance Wall Street--and then gave insight on the macro factors now affecting the turbulent economy. While a distressful time for many right now, the news right now is quite instructive on the risks and rewards of a market system. Since the beginning of the semester, several other local business leaders have come to speak to our business students. In August, Irv Hockaday came to speak to our Fellows. They have also heard from local businesspeople Bob Gourley, Terry Dunn, Danny O'Neil, and Barnett Helzberg.
This is one reason it is so good to teach at Rockhurst and, I trust, to be a Rockhurst student of business.
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