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 State Employees Receive In-Service Awards

Two Cleveland State Community College employees received awards at a staff in-service.   Emily Hill received the Rising Star Award, while Sheila Smith received the Excellence Award.  The Rising Star Award goes to an employee who has less than three years and a minimum of six months of service to CSCC, displays a positive attitude and a spirit of enthusiasm, ... (click for more)

Lee's Summer Honors Program Has Record Attendance

Lee University’s Summer Honors residential program concluded another two-week term, exposing high-achieving students to numerous aspects of college life at Lee.  This year’s Summer Honors drew 173 students to Lee’s campus, an all-time record for attendance.   While at Summer Honors, students got a head start on their college career by earning six hours of academic ... (click for more)

Muslim Advocacy Group Questions House Arrest For Signal Mountain Man Charged In Threats Against Muslim Village In New York

The Council on American-Islamic Relations (CAIR), the nation's largest Muslim civil rights and advocacy organization, on Saturday questioned the release of a Signal Mountain man who admitted to planning what it called "a Charleston-style terror attack" on a Muslim community in New York. CAIR also called for stepped up protection for the community targeted in the plot. Judge ... (click for more)

Plumbers Bring Complaints To WWTA; Told New Contracts Are Ready

Several plumbers on Thursday brought complaints to a committee of the Hamilton County Water and Wastewater Treatment Authority (WWTA) and got little response other than being told that new contracts are ready. Kay Keefe of Keefe Plumbing said the small number of plumbing companies still participating in the program to repair leaky lines to homes, have long been operating without ... (click for more)

Could The Marriage Decision Spark A New Independence Day?

I confess that this year I am having a hard time with the idea of celebrating the 4th of July Independence Day. It is not because I am not thankful to God for what was done on that day, what it represents, and the blessings I’ve experienced that flow from it. On the other hand, I want to think that maybe this year’s celebration will mark a period in our history in which a new movement ... (click for more)

Roy Exum: Fourth Of July, 2015

As one who is about good and fed up with being “socially correct” so less than 10 percent of us can dictate how the other 90 percent of us ought to think, I am going to pause today in order to share a wonderfully fun email that has been around for a while. It is aptly called, “You Could Have Heard A Pin Drop.” Before I do, I got a sweet note the other day from my dear friend ... (click for more)