The AHI will hold an open house on Saturday, 1 November, starting at 9 a.m. AHI fellows and founders will be on hand to welcome Hamilton College students and their families on campus for Family Weekend. Over the last few months, the AHI has begun a staged renovation of the building to accommodate future activities. Visitors will be given a tour of our renovated headquarters, including the Jane Fraser Room, and the founders will be pleased to answer any questions about our future plans.
The highlight of the day will be presentations at 4 p.m. by AHI founder James Bradfield and AHI board director Carl Menges on “Turbulence in the Financial Markets.” Professor Bradfield, Elias W. Leavenworth Professor of Economics at Hamilton College, will present an economic analysis of the causes of the current global market turbulence and of the proposed governmental action to alleviate it. Professor Bradfield teaches courses in finance at Hamilton College. His analysis will discuss the meaning and function of liquidity, the creation of money by the banking system, the alleged role of “greed,” in generating the turbulence, and the Federal Reserve System as a monetary authority rather than as a bank.
Carl Menges, a member of the AHI’s Board of Trustees, will also present his thoughts on the present crisis and the future of Wall Street. Mr. Menges received his A. B. cum laude in 1951 from Hamilton College and his M.B.A in 1953 from the Harvard Graduate School of Business. In 1966 he joined the investment banking firm Donaldson, Lufkin & Jenrette where, before its purchase in 2000 by Credit Suisse, he rose to the position of Vice Chairman.
The event is open to the public. A reception will follow.