Professor Charles Calomiris Speaks at New York's Harvard Club

The Greek Orthodox Church of the Annunciation presents Charles W. Calomiris, the Henry Kaufman Professor of Financial Institutions at the Columbia University Graduate School of Business in a discussion on: “Hope , Prayer and the Economic Crisis: The Really Long Run” at New York’s Harvard Club on March 10th at 6 pm.

Dr. Calomiris will bring his singular knowledge of the global financial system and his deep Greek Orthodox spirituality to bear on the challenges we will face in the coming years…and beyond. The evening promises as clear a picture of where we are and where we might be headed as is possible today, from a man who can also put the challenges lying ahead into spiritual perspective.

Calomiris has been intensely involved in discussions and research on the causes and cures for the current financial crisis. He has produced numerous publications on the causes and responses to the Great Depression and the nature of the current global economy. His recent presentations include: “The Subprime Turmoil: What's Old, What's New, and What's Next.”

A heavy hitter in the lineup of people focused on the financial crisis, in his limited free time, Calomiris performs modern Greek music and is a master of Byzantine Chant. He will discuss the personal importance of his religion and how an active prayer life is valuable for coping with the stress and anxiety generated by the current crisis and for focusing on actions that will protect one’s self, family and community, helping us all to move forward into a brighter future.

The Harvard Club is located at 35 West 44th St—next door to Kellari Taverna. The presentation will begin at 6 pm sharp. Hors d'oeuvres will be served. Admission is $30 in advance. $40 door. Due to limited seating, the hosts recommend reserving seats in advance by sending checks for $30 per person to: Church of the Annunciation 302 West 91st Street, New York, NY 10024 or making payment through the church home page at RSVPs can also be made by contacting Staz Tsiavos at 516-960-8776 or

Charles Calomiris received a B.A. in economics from Yale University in 1979 and a Ph.D. in economics from Stanford University in 1985. Professor Calomiris co-directs the Project on Financial Deregulation at the American Enterprise Institute and is a Research Associate of the National Bureau of Economic Research. He is the recipient of research grants or awards from the National Science Foundation, the World Bank, the Japanese Government, and others.

Recent publications of Calomiris include: U.S. Bank Deregulation in Historical Perspective (Cambridge University Press, 2000), Emerging Financial Markets (with David Beim, Irwin-McGraw Hill, 2001), "Consequences of Bank Distress During the Great Depression" (with Joseph Mason), in the American Economic Review (June 2003), "Fundamentals, Panics, and Bank Distress During the Depression" (with Joseph Mason), in the American Economic Review (December 2003), and "Blueprints for a New Global Financial Architecture" in International Financial Markets: The Challenge of Globalization (Leonardo Auernheimer, ed., University of Chicago Press, 2000),

Henry Kaufman is an American economist, financial consultant and philanthropist. Currently president of Henry Kaufman & Company Inc., from 1962 to 1988 he worked at Salomon Brothers Inc., where he was Managing Director and member of the Executive Committee.

(Posting date March 2009)

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