Lender of last resort: The U.S. and Federal Reserve's role in providing credit during the financial crisis.

Date: Monday, April 4th, 2011
Time: 17:00 Registration
17:30 Lecture
18:00 - 20:00 Drinks reception
Venue: Advokatfirman Delphi, Regeringsgatan 30-32, Stockholm
Cost: Free of charge

Delphi and the American Chamber of Commerce in Sweden (AmCham) invite you to an
evening lecture with Professor Christian Johnson, University of Utah S.J. Quinney College of Law. After the lecture, there will be a drinks reception.

During the credit crisis, the U.S. Federal Reserve lent hundreds of billions of dollars to both U.S. banks and other non-bank financial institutions at a level never done before. It also purchased approximately US$1 trillion in mortgage-backed securities. Because of the complete collapse of both long term and short term credit, many view the Federal Reserve’s efforts as essential to the U.S. effects on the U.S. economy. These worries include future inflation, losses to the Federal Reserve and loss of control over monetary policy. This presentation will analyse these actions and discuss their current and future implications both for the U.S. and for other economies.

To register: Email amcham@chamber.se before March 30, 2011.
Spaces are limited, so register early.

The seminar is free of charge, but if you have registered and are unable to attend we ask you to kindly notify us about it as soon as possible.