Video: MIT Panel discusses financial crisis

Recorded on Oct 9, 2008..

A panel of five MIT faculty experts in economics and business analyzed the ongoing financial crisis in the U.S. and world markets.

The panelists focused on different aspects of the history, the present unfolding, and the likely future of the financial mess, and emphasized that the situation is far more complex -- and the long-term outcome more uncertain -- than is typically portrayed.

Panelists:
Ricardo Caballero, Professor of Economics and International Finance;
William Wheaton, professor of economics and urban studies;
Andrew Lo, Professor of Finance MIT Sloan School of Management;
Bengt Holmstrom, Professor of Economics;
James Poterba, the Mitsui Professor of Economics.