Monday, November 10, 2008

John Allison to speak at Duke University

Dr. John Lewis of the Program on Values and Ethics in the Marketplace, Duke University sends the following announcement that I pass on to those interested:

"Financial Trauma: Causes and Possible Cures"
A Lecture by Mr. John Allison, President and CEO of BB&T Corporation

November 19, 2008, 3:30 PM

Griffith Theatre, at the Bryan Center, Duke University

As the world struggles with the current financial crisis, we should listen to the executives of successful financial institutions. BB&T is such an institution.

Mr. Allison will outline the causes of today’s financial chaos, including the errors that led to the crisis. He will discuss the broader implications for the economy, including the effects on the housing and mortgage industries, and offer economic and political suggestions for both short-term and long-term cures.

John A. Allison became CEO of BB&T on July 7, 1989. At the end of 1989, BB&T was ranked 96th largest bank in the nation with $4.8 billion in assets. After 60 bank and thrift acquisitions, and the implementation of innovative training and measurement programs, the former eastern North Carolina farm bank has grown to become the nation’s 14th largest financial holding company. Assets have increased from $4.8 billion, when Allison began his tenure as CEO, to $137 billion today.

Sponsor: The Program on Values and Ethics in the Marketplace, Duke University

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