Word: crisises
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Sorensen, who unexpectedly found herself at the frontlines of FAS as it navigated through an unprecedented financial crisis, has served as the divisional dean since 2006, when she first assumed the position as a temporary replacement for departing dean and current Chair of the Committee on Degrees in Folklore and...
“It’s very difficult to get Congress to act on anything that is big and complex and controversial if there is not an immediate crisis,” he said.
In his conversation with Gergen, Paulson said that in the months preceding the economic crisis that dominated 2007, the most important action he took was to work on building relationships with the President and with Congress. He also stressed the importance of fast decision making with incomplete information once the...
Kennedy School student Sebastian M. Litta asked whether Paulson thought that the greed of both bankers and ordinary people would eventually go away or whether greed would cause another financial crisis.
“It’s great to get a first-hand perspective because he was in the center of this [economic crisis],” Claudio X. Gonzalez ’13 said.