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Subprime mortgage crisis roundtable tonight

The Merrill Lynch Center at Hofstra University's Frank G. Zarb School of Business is hosting a roundtable tonight on "The Subprime Mortgage Crisis: How the Housing Market Bubble Shook the Global Financial System."

It runs from 6:15 to 8:30 p.m. in Room 246 of the Scott Skodnek Business Development Center in Axinn Library.

Speakers include Hofstra Professors Robert Campbell and Ronald Silverman, as well as Marie Pedraza of HSBC and Matthew Miller of Lehman Brothers. Hofstra Professor Sinan Cebenoyan will moderate.

Topics for discussion will be the subprime mortgage market, its origin and consequences for the housing market and the economy; predatory home mortgage lending as a credit option for the underserved; the securitization of subprime mortgages and how the subprime mortgage market "virus" infected the financial industry.

There will be a Q&A after the roundtable discussion.

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