Sponsored by the Insurance Law Center and the Connecticut Insurance Law Journal.
In his remarkable book “Against the Gods,” Peter Bernstein detailed humanity’s struggle to understand and measure risk. Bernstein’s tale was one of historical triumph. The mastery and taming of risk had driven the capital markets revolution and spurred innovation beyond the financial realm. However, recent events have thrown Bernstein’s assessment into doubt. The current financial crisis and prior historical events such as the collapse of Long Term Capital Management have shown that risk can be difficult to measure and discern, affected by unknown economic, behavioral and financial factors. Moreover, excessive risk-taking is now proclaimed to be one of the root causes of the financial crisis. The question is no longer merely how can we harness and understand risk, but more tellingly how can we control risk-taking? In this symposium we bring together government officials and academics to better understand not only capital markets risk but to assess how and when risk-taking should be regulated. We examine this question in a variety of contexts including insurance, hedge funds, investment banks and market trading generally.
Registration is free. Continental breakfast and lunch are included for those who register by Monday, April 12, 2010. For inquiries, call Patricia Carbray at 860-570-5184 or send Patricia Carbray an email at Patricia.Carbray@law.uconn.edu. Out-of-town guests may book rooms at the Hartford Downtown Marriott.
If you require reasonable accommodation for a disability, please call Jane Thierfeld Brown at 860-570-5130 at least two weeks in advance.
Professor Jessica Rubin will be teaching US law and legal writing for the Open Society Foundation at Bilgi University in Istanbul. Rubin teaches legal research and writing in the Lawyering Process program at the Law School.
On June 18, Professor Sara Bronin will make a presentation at the annual meeting of the Connecticut Bar Association on "Legal Tools to Address Climate Change" at a panel discussion entitle "Following the Path of the Storm: Legal and Legislative Challenges in Addressing Rising Sea Levels on the Connecticut Coastline."