MoAF Newsletter - 5/6/2025

Spring Issue Now Available

Check out the latest issue of Financial History magazine, available for FREE as a full-color digital edition! Highlights include:

Leading by Example: Tribute to William H. Donaldson

Savings and Trust: The Rise and Betrayal of the Freedman's Bank

Words of Wisdom: Remarks from the 2025 MoAF Gala

Short-Term Gains and Long-Term Pain: The History of US Entitlements

Warren Buffett's Early Investments: Walt Disney Productions (1966)

Tulips, Paper Money, Limited Liability and Financial Crime

Coin or Paper? The Story of the Silver Certificate

Educators' Perspective: Why Kemmerer, Wyoming, Matters (Part 3)

Book Review: The Power and the Money

MoAF/Fordham Financial Issues Forum (Virtual)

Join us for a virtual event with Princeton University professor and author Arvind Narayanan. In AI Snake Oil, Narayanan and co-author Sayash Kapoor cut through the confusion surrounding AI to give you an essential understanding of how it works and why it often doesn’t, where it might be useful or harmful, and when you should suspect that companies are using AI hype to sell AI snake oil. While acknowledging the potential of some AI, such as ChatGPT, AI Snake Oil uncovers rampant misleading claims about the capabilities of AI and describes the serious harms AI is already causing in how it’s being built, marketed and used in areas such as education, medicine, hiring, banking, insurance and criminal justice.

This program is free, but advance registration is required. Register today.

MoAF/Fordham Financial Issues Forum (Virtual)

Join us for a virtual talk with award-winning author Tony Davidow, as he discusses his latest book, Private Markets: Building Better Portfolios with Private Equity, Private Credit, and Private Real Estate. Written in accessible language, the book addresses the challenges and opportunities with investing in the private markets, including understanding the merits of the asset classes, product evolution, structural tradeoffs and how to incorporate these versatile and valuable tools in client portfolios.

This program is free, but advance registration is required. Register today.

Video Now Available

Edward Fishman, a former top State Department sanctions official, reveals the untold history of the last two decades of US foreign policy, in which America renounced the gospel of globalization and waged a new kind of economic war. 

Watch event video.

Video Now Available

Why did the “stagflation” of the 1970s prove so painful and protracted? What explains the US stock market’s remarkable 40-year run of 12% average annual returns since then? And what accounts for the resilience of US stock and labor markets in the wake of the COVID-19 pandemic and in the face of the Fed’s record interest rate hikes? Author Donald Chew, Jr. argues that answers to these questions lie in the principles and methods of “modern corporate finance.”

In this program, Chew is interviewed by Martin Fridson, the chief investment officer of Lehmann, Livian, Fridson Advisors LLC, whom The New York Times described as “one of Wall Street’s most thoughtful and perceptive analysts.”

Watch event video.