Subcommittee on Investigations and Oversight Hearing -The Risks of Financial Modeling: VaR and the Economic Meltdown

Subcommittee on Oversight | 2318 Rayburn House Office Building Washington, DC 20515 | Sep 10, 2009 10:00am to 1:00pm

Opening Statements

I&O Subcommittee Ranking Member Paul Broun (R - GA)

Witnesses

Dr. Nassim Nicholas Taleb, Distinguished Professor of Risk Engineering, Polytechnic Institute of New York University.

Dr. Richard Bookstaber, Financial Author

Dr. Gregg Berman, Head of Risk Business, RiskMetrics Group

Dr. James G. Rickards, Senior Managing Director, Omnis Inc.

Mr. Christopher Whalen, Managing Director, Institutional Risk Analytics

Dr. David Colander, Christian A. Johnson Distinguished Professor of Economics, Middlebury College