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.


GNTC Holds Graduation Ceremony For Its Paralegal Certificate Program

Georgia Northwestern Technical College (GNTC) held a graduation ceremony for the Paralegal Certificate program at the auditorium on the Gordon County Campus in Calhoun. Paralegals are crucial members of a law firm’s team. They also have job opportunities in the legal departments of large corporations, government offices, and as independent contractors. Paralegals specialize ... (click for more)

Former Baylor School Headmaster Douglas Hale to Retire From Pennsylvania School

Douglas Hale, head of school at Mercersburg Academy in  Mercersburg, Pa., announced Tuesday that he will retire at the end of the  2015-2016 school year. Mr. Hale has served as Mercersburg’s head of school since his appointment in  1997. He went to Mercersburg after 24 years at Baylor School in  Chattanooga, where he had been a teacher, associate headmaster, ... (click for more)

Officials Expect MLK Boulevard Mural To Be Big Draw; Artist Apprentices To Be Hired For Project

Officials said Tuesday they expect a massive mural planned on a tall MLK Boulevard building by a renowned muralist will be a big draw for the area. City Councilman Moses Freeman said, "This is going to be a destination point. People are going to come here to see it. I guarantee it." He added, "She's world-renowned. We're going to be famous by having her work here." The ... (click for more)

Haslam Adds K-12 Funds In Budget Amendment

Tennessee Governor Bill Haslam on Tuesday unveiled additions to the FY 2015-2016 budget that will be considered by the General Assembly in the coming weeks, including added funding for K-12. The governor last week met with school superintendents from the largest systems in the state over the issue of state funding for K-12. The next day, the Hamilton County Schools joined ... (click for more)

Physicians Thank Their Patients On Doctor’s Day

March 30 has been set aside as National Doctors’ Day since 1933 as a time to recognize the contributions made by our physicians. While the recognition is appreciated, our greatest satisfaction comes from caring for our patients.  For 132 years, the Chattanooga-Hamilton County Medical Society has been the physicians’ voice as we worked together to improve health of our community. ... (click for more)

Roy Exum: Look At My April Garden

On this April Fool’s Day, as I take my monthly stroll through my virtual garden, there are gorgeous flowers and there are weeds, which appear to be trying harder than the flowers. So let’s see what we find before searching for “The Prize Egg” on Sunday. A FLOWER to the New York cab driver who told a young writer, “Always remember that everyone you meet knows something that you ... (click for more)