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Symposium Addresses Financial Crisis of 2008

(PDF) (DOC) (JPG)October 3, 2018

The panel of presenters included, from left, Alan Blinder, Professor of Economics and Public Affairs at Princeton University; Christine Cumming, formerly of Federal Reserve Bank of New York; Charles Steindel; Murray Sabrin; Patricia C. Mosser, Senior Research Scholar at Columbia University’s School of International and Public Affairs; Richard Sylla, Professor Emeritus of Economics at the Stern School of Business, New York University.

MAHWAH, N.J. — The Sabrin Center for Free Enterprise and the Anisfield School of Business presented “The 2008 Financial Crisis: A 10-Year Retrospective” at Ramapo College on September 25. Ramapo College’s Murray Sabrin, Professor of Finance, and Charles Steindel, Resident Scholar, Anisfield School of Business, served as co-moderators.

The symposium, which attracted a large audience, addressed why it happened, how it happened and could it happen again. Four national experts on money and banking discussed the events leading up to the housing bust and the reactions of policymakers to the meltdown that caused tens of trillions of dollars of asset values to implode. With new regulations and safeguards in place to prevent a future financial crisis, Sabrin pointed out that the same Federal Reserve policies that caused the two past bubbles are evident again, in what some analysts have called the “everything bubble.”


About Ramapo College

Ramapo College of New Jersey is the state’s premier public liberal arts college and is committed to academic excellence through interdisciplinary and experiential learning, and international and intercultural understanding. The comprehensive college is situated among the beautiful Ramapo Mountains, is within commuting distance to New York City, was named one of the 50 Most Beautiful College Campuses in America by CondeNast Traveler, and boasts the best on-campus housing in New Jersey per

Ramapo College provides its students with individualized attention, mentorship, and supports; hands-on learning; and a range of opportunities for service and leadership development. Its graduation and retention rates exceed national averages and it places approximately 1,000 students per year in internships in New York City. The College is ranked #1 among New Jersey public institutions by College Choice; is recognized as the state’s top college on the list of Best Disability Schools by Great Value Colleges; is designated a “Military Friendly College” in Victoria Media’s Guide to Military Friendly Schools; and is recognized as a top college by U.S. News & World Report, Kiplinger’s, Princeton Review and Money magazine, among others.  

Ramapo College’s over 40,000 alumni are the confident, intellectually curious, self-aware, and humble people who are highly sought after and who make a positive impact at local, national, and global levels.  Ramapo College is distinguished as a Career Development College of Distinction by Every student at Ramapo is enrolled in its unique and award winning Pathways Program which equips and empowers students, across the continuum of their academic career, to secure internships, pursue graduate/professional school, and/or enter the job market. 

Established in 1969, Ramapo College offers bachelor’s degrees in the arts, business, data science, humanities, social sciences and the sciences, as well as in professional studies, which include business, education, nursing and social work. In addition, the College offers courses leading to teacher certification at the elementary and secondary levels, and offers graduate programs leading to master’s degrees in Accounting, Applied Mathematics, Business Administration, Contemporary Instructional Design, Computer Science, Creative Music Technology, Data Science, Educational Leadership, Nursing, Social Work and Special Education, as well as a Doctor of Nursing Practice.


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