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Contact: David Stawasz, Beth Barszcz or Barbara Moffat (formerly Campanella)
International Business Breakfast Discusses Economic Crisis
Posted December 3, 2012
Western New England University hosted its International Business Breakfast on November 27 in Rivers Memorial Hall. The event featured a presentation by Edward Guay titled “How ‘The Committee to Save the World’ Nearly Destroyed It, and What Can Be Done Now to Bring It Back.” His talk focused on what can be done to solve the economic crisis. He discussed how Time Magazine ran a cover story in 1999 hailing Robert Rubin, Alan Greenspan, and Lawrence Summers as “The Committee to Save the World,” crediting them and their staffs with saving the world economy and financial markets from the impact of the Asian financial crisis at little cost to US taxpayers or workers. Since the crisis is still ongoing, Guay looked at what can be done to resolve the issue and what went wrong.
Guay is principal of Wintonbury Risk Management, a political, economic, investment, and business risk consultancy. Previously, he served as the Chief Economist and as Senior Managing Director of CIGNA Corporation. In addition, Guay has served as an economic, strategic, or national security advisor to congressional leaders, government officials, and international leaders.
Western New England University is a private, independent, coeducational institution founded in 1919. Located on an attractive 215-acre suburban campus in Springfield, Massachusetts, Western New England University serves 3,700 students, including 2,550 full-time undergraduate students. Undergraduate, graduate, and professional programs are offered through Colleges of Arts and Sciences, Business, Engineering, and Pharmacy, and School of Law.
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