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NEWS

April 6, 2010

RSU to Present Review of Financial Crisis Book Wednesday

In 2008, America experienced one of the biggest financial meltdowns in decades. Dr. Kenneth Hicks, associate professor of political science and head of the RSU Department of History and Political Science, will be discussing the book "The Big Short: Inside the Doomsday Machine," on Wednesday, April 7, in the RSU Stratton Taylor Library.

The event, which is free and open to the public, will be held at 2:30 p.m. in Room 207 of the library.

"The Big Short: Inside the Doomsday Machine" written by Michael Lewis, provides ideas and information about the financial meltdown on Wall Street and how even though several trillion dollars were lost, some saw the downward spiral as a way to make a profit.

Hicks will examine what happened prior to 2008 and who actually made money from the misfortune and how they did it. He will then lead a discussion of possible reforms Congress may consider to prevent future financial meltdowns.

"If anyone is interested in what happened in 2008 and looking at ways to prevent it in the future, then this lecture will entertain you," Hicks said.

Hicks received his doctorate from the University of South Carolina and has been with RSU for 11 years.

For more information, call the Stratton Taylor Library at 343-7716.