The loss of confidence in risk management systems of banks

Dr. Myron S. SCHOLES

Chairman, Platinum Grove Asset Management, New York; Nobel Laureate for Economics; Frank E. Buck Professor of Finance Emeritus, Stanford University

B.A., emphasis on Economics, McMaster University MBA, emphasis on Finance and Economics, University of Chicago Ph.D. in Finance at the Graduate School of Business. Emphasis on Financial Economics, Economics and Statistics. Thesis: A Test of the Competitive Market Hypothesis: "The Market for New Issues and Secondary Offerings." Research Associate, Center for Mathematical Studies in Business and Economics, University of Chicago Instructor in Finance, Graduate School of Business, University of Chicago Assistant Professor of Finance, Sloan School of Management, Massachusetts Institute of Technology Associate Professor of Finance, Sloan School of Management, Massachusetts Institute of Technology Ford Foundation Visiting Research Associate Professor of Finance, Graduate School of Business, University of Chicago Associate Professor of Finance, Graduate School of Business; Executive Director, Center for Research in Security Prices, University of Chicago Professor of Finance, Graduate School of Business; Director, Center for Research in Security Prices, University of Chicago Professor of Finance, Graduate School of Business, University of Chicago; Research Associate, National Bureau of Economic Research Distinguished Visiting Professor of Research, Graduate School of Business, Stanford University Edward Eagle Brown Professor of Banking and Finance, Graduate School of Business, University of Chicago; Research Associate, National Bureau of Economic Research Frank E. Buck Professor of Finance, Graduate School of Business, and Professor of Law, Stanford Law School, Stanford University; Research Associate, National Bureau of Economic Research Frank E. Buck Professor of Finance, Senior Research Fellow, Hoover Institution, Stanford University; Research Associate, National Bureau of Economic Research Senior Advisor, Managing Director, Salomon Brothers, New York Principal, Long-Term Capital Management, L.P. Frank E. Buck Professor Emeritus of Finance, Stanford University

1959-1962
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since 1996

Dr. Peter STEINER

Chair, Department of Banking and Finance, Karl-Franzens-Universität Graz

Promotion Dr. rer.soc.oec. Habilitation, venia legendi "Betriebswirtschaftslehre" Universität Osnabrück Wirtschaftsuniversität Wien Universität Ulm

1985

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1990-1991

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1994-1997