Author Talk: Kathleen Day and "Broken Bargain"

Cleveland Park Library

Author Talk: Kathleen Day and "Broken Bargain"

Thursday, Dec. 5, 2019, 7 p.m.

Author and veteran business journalist, Kathleen Day will discuss her book, Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street Day is a frequent Washington Post contributor and professor of financial crises at the Johns Hopkins Carey Business School.

Kathleen Day is a veteran business journalist, including two-and-a-half decades at the Washington Post, where she continues as a contributor. She is now also a professor of financial crises at the Johns Hopkins Carey Business School. In her book Broken Bargain, Day examines in plain English the history of financial regulation and of government oversight of corporations—which is intertwined with banking and goes back to the founding fathers and the famous arguments between Jefferson and Hamilton. She explains that we have lost sight of the fact that to have a corporation—especially an incorporated bank—is a privilege bequeathed by the government, one that requires oversight to ensure against abuse. She shows how the current oversight system was created as a result of the great stock market crash of 1929, a time when the public's view of the federal government’s role in the economy shifted, and people began to look MORE to Washington for oversight of Wall Street and of their savings. The Kirkus Review calls Broken Bargain "A fluent if dispiriting study of an economic system that forgives those at the top so long as those at the bottom remain willing to foot the bill." Foreign Affairs calls it “the story of U.S. banking…in romping fashion."
 
This event is free and open to the public. Copies of Broken Bargain will be available for purchase. Book signing will take place after the event.

 FREE | Adults | First Come, First Served
Cleveland Park Library-First Floor Meeting Room
 

Add to Calendar 05-12-2019 19:00:00 05-12-2019 20:00:00 Author Talk: Kathleen Day and "Broken Bargain" Author and veteran business journalist, Kathleen Day will discuss her book, Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street Day is a frequent Washington Post contributor and professor of financial crises at the Johns Hopkins Carey Business School. Kathleen Day is a veteran business journalist, including two-and-a-half decades at the Washington Post, where she continues as a contributor. She is now also a professor of financial crises at the Johns Hopkins Carey Business School. In her book Broken Bargain, Day examines in plain English the history of financial regulation and of government oversight of corporations—which is intertwined with banking and goes back to the founding fathers and the famous arguments between Jefferson and Hamilton. She explains that we have lost sight of the fact that to have a corporation—especially an incorporated bank—is a privilege bequeathed by the government, one that requires oversight to ensure against abuse. She shows how the current oversight system was created as a result of the great stock market crash of 1929, a time when the public's view of the federal government’s role in the economy shifted, and people began to look MORE to Washington for oversight of Wall Street and of their savings. The Kirkus Review calls Broken Bargain "A fluent if dispiriting study of an economic system that forgives those at the top so long as those at the bottom remain willing to foot the bill." Foreign Affairs calls it “the story of U.S. banking…in romping fashion."   This event is free and open to the public. Copies of Broken Bargain will be available for purchase. Book signing will take place after the event.  FREE | Adults | First Come, First Served Cleveland Park Library-First Floor Meeting Room   false DD/MM/YYYY

    Kathleen Day