Australian Professor Discusses Impact of Subprime Crisis on World Markets at Lecture May 5
By Lori Wright, Media Relations
April 30, 2008
Justin O'Brien, professor of corporate governance at Australian National University
in Canberra, will discuss how the subprime mortgage crisis in the United States
is affecting global financial markets in a lecture at the University of New
Hampshire Monday, May 5, 2008.
"When the Music Stops: Subprime Loans, Sovereign Wealth Funds and the
Realignment of Global Financial Markets" will be held from 4 to 6 p.m.
in the McConnell Hall Reading Room, first floor. The lecture is free and open
to the public.
O'Brien's talk will focus on the current turmoil in the world's financial
markets, known in the United States as the subprime crisis. O'Brien puts recent
developments in the broader context of expanded global markets, the deregulation
of banking and investment in the United States and abroad, and the emergence
of private equity as a major force in global financial markets. He will give
special attention to the rise and power of sovereign wealth funds, and the
considerable influence they wield as a growing number of major investment banks
and countries turn to them for infusions of capital.
A former BBC investigative reporter and producer, O'Brien researches corporate
governance, private equity, and financial market regulation. His books include "Wall
Street on Trial: A Corrupted State?" (2003) and "Redesigning Financial
Regulation: The Politics of Enforcement" (2007). In addition he has authored
three books on Irish politics and the Troubles in Northern Ireland "Killing
Finucane: Murder in Defence of the Realm" (2005), "The Modern Prince:
Charles J. Haughey and the Quest for Power" (2002), and "The Arms
Trial" (2000).
O'Brien is professor of corporate governance at the Centre for Applied Philosophy
and Public Ethics at the Australian National University and a member of the
faculty of business at Charles Sturt University. He also holds a visiting professorship
appointment at the University of Glasgow, and adjunct appointment at Queen's
University Belfast, and is an affiliate professor of political science at UNH.