On Monday afternoon ‘City wolves’ hit the Wall Street and had a lecture with Robert Ivry, Bloomberg Investigative Reporter and Editor, who helped Bloomberg sue The Federal Reserve for details of the unprecedented bank bailout. His reporting has taken a deep look at the financial crisis, and he talked about who is winning the current regulatory battle and how decisions made in the US are having global impact.
Getting creative in New York City
In the afternoon, students got out of the train at the Times Square and entered the door of The New York Times. They had number of lectures by some of the best journalists such as Mike McIntire, investigative reporter at The New York Times; and Matt Purdy, head of the investigative team, who also headed coverage of the BBC phone hacking scandal. The afternoon was by a spectacular meeting with Mark Thompson, chief executive of The New York Times Company, for City journalists more known as a former BBC Director General. The day was concluded by visit of the NYT Hall of Pulitzers.
On Friday, students met with officials at The Federal Reserve Bank of New York, who talked about the current economic outlook and took them to the NY Fed’s famous gold vault, the largest depository of gold in the world. The last day of New York financial adventures, students visited The Museum of American Finance, which is a new Wall Street institution, housed in a historic building, that focuses on the financial markets in detail.
The economist and historian Gregory Brennan, came to speak about the recession and its aftermath, followed by a tour around the museum, which has displays on the development of the US financial system starting in the revolutionary era. It currently has a special exhibit on the 100th anniversary of the Fed, and numerous other displays about financial markets, panics, economic expansion and boom and bust cycles.
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