UTC Lecture Addresses Financial Crisis

Saturday, September 29, 2012

John A. Allison IV, former Chairman of BB&T Corporation, will present the 2012 Burkett Miller Distinguished Lecture Series with the topic “The Financial Crisis: Causes and Consequences.”  This event is sponsored by The Scott L. Probasco, Jr. Chair of Free Enterprise.

 

The lecture will be on Monday, Oct.

8, at noon in the University Center Auditorium at the University of Tennessee at Chattanooga. Admission is free; seating is limited and will be available on a first come, first served basis.

 

BB&T Corporation is the 10th largest financial services company in the U.S. Allison is recognized internationally for his leadership in opposing the federal government bailout of banks in the recent financial crisis. During his tenure as CEO, BB&T grew from $4.5 billion to $152 billion in assets. Allison is a frequent contributor to The Wall Street Journal and USA Today, and lectures frequently on university campuses.

 

Dr. J.R. Clark, who holds the Scott L. Probasco, Jr. Chair of Free Enterprise, encourages everyone, especially students, to attend Allison’s lecture to learn about the recent recession in order to prepare for their financial future. “Only by realizing the risks inherent in both market solutions and government programs, can students make future financial decisions in their best interests,” Dr. Clark said.

In his lecture, Mr. Allison will provide an insider’s perspective on both the causes and consequences of the recent financial crisis and the recession that followed. His lecture will contrast government policy and market failure as contributing factors of the crisis and how the fundamental principles of “life, liberty, and the pursuit of happiness” may contribute to recovery and long-term economic vitality.

 

Dr. Bradley Hobbs will critique Allison’s presentation.  Hobbs is a Professor of Economics at Florida Gulf Coast University specializing in financial markets.  He is widely published in Entrepreneurship: Theory and PracticeThe Journal of Accounting and Finance ResearchJournal of Real Estate ResearchLaissez-FaireThe Journal of Private Enterprise, and Research in Finance.  He currently serves as President of The Association of Private Enterprise Education, resides on the Research Advisory Council of the James Madison Institute, and is a member of The Mont Pélerin Society.

For more information on the speaker and speech, contact the Probasco Chair at 425-4118.


Cleveland City School System Dedicates Denning Center Of Technology And Careers

Cleveland City Schools dedicated the F.I. Denning Center of Technology and Careers Sunday afternoon as a new school year begins.   The center is named for Dr. Frederick Denning, retired city schools director. The center at  350 Central Avenue  was formerly the Teen Learning Center.   In June, Dr. Martin Ringstaff, current city schools ... (click for more)

Cleveland City Schools Events Beginning Aug. 2

Here are the Cleveland City Schools activities for this week: Cleveland City Schools Board of Education will host a Ribbon Cutting and Opening House for the F.I. Denning Center of Technology and Careers on Sunday, Aug. 2, at 2 p.m. at 350 Central Ave.    Retired Director of Schools, Dr. Rick Denning, will officially open the new hybrid non-traditional school. ... (click for more)

Truck Driver Who Caused Wreck That Killed 6 People At Ooltewah Indicted On 13 Charges; Report Says He Drove Excessive Hours

The Chattanooga Police Department has issued a capias for the arrest of Benjamin Brewer, 39, concerning the multiple fatality traffic crash that occurred on I-75 northbound on June 25. Brewer was indicted on Monday on 13 counts.  They include six counts of vehicular homicide by impairment, a B-felony; four counts for reckless aggravated assault, a D-felony; one count for DUI ... (click for more)

Sterling Jetton Seeks Office Of Hamilton County Assessor Of Property

Rev. Sterling Jetton announced that he will seek the Republican nomination for the office of Hamilton County assessor of property.  The Republican Primary will be held on March 1.  After serving in the United States Army and the National Guard, Mr. Jetton has worked as an employee of the Assessor of Property’s office for 27 years.  Mr. Jetton has also served in ... (click for more)

Why Is The City Diverting Federal Transportation Funds From Real Need?

The city of Chattanooga and CBL, owner of Hamilton Place Mall, would have the mass of taxpayers believe that improving mall access from the interstate is not impacting us financially.   Namely, CBL has committed to fund the city’s match of $8 million, so they will receive $32 million in Federal Transportation Funds that are allocated annually to local jurisdictions through ... (click for more)

Roy Exum: A Very Silly Apology

It didn’t get a lot of attention, as well it should not have, but when I heard Japanese giant Mitsubishi was offered an apology for heinous war crimes that took place during World War II, I thought it was an ill-conceived publicity stunt. But, no, in a solemn ceremony last month hosted by the Museum of Tolerance at the Simon Wiesenthal Center in Los Angeles, that is exactly what ... (click for more)