The Finance Professor Podcast

Ep. 6: Andrew Metrick Presents “Managing and Preventing Financial Crises” at the 2017 Financial Management (FMA) Meetings in Boston

October 16, 2017

Professor Andrew Metrick is the Michael H. Jordan Professor of Finance and Management at the Yale School of Management. He is the director, Yale Program on Financial Stability and the Faculty Director, Masters in Systemic Risk program at Yale. Professor Metrick was an assistant professor in economics at Harvard University and was an assistant and associate professor of finance at the Wharton School of Business at the University of Pennsylvania. He also served as a senior economist and the cheif economist on President Obama's Council of Economic Advisers while the administration worked on the Dodd–Frank Wall Street Reform and Consumer Protection Act and tried to manage the hugely unpopular bailout of the financial sector, the Troubled Asset Relief Program (TARP). The latter bailout turned a modest profit and many believe it helped to stabilize the financial system.

Professor Metrick outlines the responses to the 2008 financial crises in the USA and abroad and speaks about the tension between regulation and shadow banking.

The YouTube version of this talk is at

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Check out Dr. Metrick's CV at

The Financial Management Association 2017 program from its Boston meeting is at
This was session 214 at the Marriot Copley Place.
The next meeting is in San Diego.

Dr. Linus Wilson is an associate professor of finance at the University of Louisiana at Lafayette. He has published extensively on the TARP bailout and has studied the bailouts orchestrated by the U.S. Federal Reserve and the FDIC during the financial crisis of 2008. You can see his research at

I mentioned the following papers whose working paper versions are at 

Wilson, Linus, Debt Overhang and Bank Bailouts (September 12, 2009). Available at SSRN: or

Wilson, Linus and Wu, Yan Wendy, Common (Stock) Sense about Risk-Shifting and Bank Bailouts (January 1, 2010). Financial Markets and Portfolio Management, Vol. 24, No. 1, pp. 3-29, 2010. Available at SSRN:

Wilson, Linus, Broken Bucks: Money Funds that Took Taxpayer Guarantees in 2008 (August 28, 2015). Available at SSRN: or

Wilson, Linus and Wu, Yan Wendy, 'Escaping TARP' (September 21, 2010). Journal of Financial Stability, Vol. 8, No. 1, 2012. Available at SSRN: or

Wilson, Linus and Wu, Yan Wendy, Does Receiving TARP Funds Make it Easier to Roll Your Commercial Paper Onto the Fed? (August 22, 2011). Available at SSRN: or

Wilson, Linus, Toxic Asset Subsidies and the Early Redemption of TALF Loans (August 17, 2011). Available at SSRN: or

Look to my CV for the full citation of published papers.

Professor Linus Wilson is the host of the Finance Professor Podcast at

Dr. Jeffry L Coles a Professor of Finance at the David Eccles School of Business at the University of Utah and served as the Vice President of the 2017 Annual Meeting Program .