MIT Sloan Alumna Judy Lewent on the future of finance

MIT Sloan Alumna Judy Lewent

Recently MIT Sloan alumna Judy Lewent was inducted into the Financial Executives International Hall of Fame. A former executive vice president and chief financial officer of Merck, Lewent was recognized for her performance, leadership and integrity as a financial professional who has made significant contributions to the betterment of her organization and profession. The following is an excerpt of her remarks at the event:

“It is a momentous time for finance. As the global economy teeters on the brink, much of the world stands by holding its collective breath. This is, no doubt, a time of great anxiety. That anxiety is shared, not just by 50% of the public or 75% or even 99%. Everyone shares it.

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Simon Johnson talks about corruption and the rule of law

Simon Johnson recently spoke about corruption and the Rule of Law with Art Buono of

Art Buono: Simon, thanks for taking part in the Rule of Law Interviews. So, just to start, could you tell us a little bit about what’s happening with financial reform? It’s been about a year since “13 Bankers” was published. And you’re a warrior right on the front lines there. What’s going on, on the battleground? And who’s winning?

Simon Johnson: Well you know it’s obviously – it’s going to be a long haul to change the relevant rules and power structure around these issues. But I’m fairly optimistic at this point, for a couple of reasons. First of all, the academic Read More »