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Show • e a T1,1 1. 1/1 Make your love for learning last a lifetime. with Christopher L. Peterson on the Subprime Mortgage Foreclosure Crisis FaceTime with Utah Museum of Natural History Discovery Hall Want to learn how to make artisan bread, get a professional certificate in human resources, enroll your child in an ACT prep class, take ballet, or finish your degree? University of Utah Continuing Education offers nearly 3,000 classes a year with options for everyone and off-campus sites from Bountiful to Sandy. Find out what's to learn at www.continue.utah.edu . Q&A From politics to technological advancement, from Nobel Award-winning scientific innovation to sharing world-class arts around the world, University of Utah experts are highly sought after for enlightenment and answers to society's most pressing questions. Face Time with U brings you closer to the University's experts, research community, and the latest in campus news with a series of compelling interviews. Sure you've seen dinosaur bones, but have you made dinosaur tracks? We recently sat down with Christopher L. Peterson, Associate Dean for Academic Affairs and Professor of Law in the S.J. Quinney School of Law to discuss the subprime mortgage foreclosure crisis, how society got here, and where we're headed. Here is a short excerpt from that interview. • Q. With all that's going on with the current financial crisis, the bottom has dropped out of the real estate industry and that's something you've spent a lot of time studying. Not only can you see thousands of real natural history objects and meet real scientists when you visit the museum, you can find out what it's like to be a scientist while exploring the museum's coolest hands-on activities. Bill Daniels Business Ethics • A. I've been looking into the causes and consequences of the financial crisis and why is it that the home mortgage industry turned out so many loans that for whatever reason people can't repay. How is it that we got ourselves into this situation? Scientist in the Spotlight • Q. So how did we get to where we are? Offered the first and third Friday of each month • A. The basic and most important dynamic is this—there were a group of financial institutions that decided to connect groups of naive borrowers that really didn't understand the loans to groups of naive investors that really didn't understand the securities that they were buying. And connecting those two, they took out an ocean of fees, commissions, and closing costs that caused them to both collapse in on top of each other. The label I've suggested the country ought to use to characterize this is not predatory lending as this is a little bit different than that, but what it really should be called is predatory structured finance. It's a method of linking two groups of unsuspecting victims to each other and then extracting profit from that. Meet the scientist from 2:00 - 4:00 p.m. Entrepreneurship with a Healthy Dose of Ethics Activities include extracting DNA from a pea, excavating a pit house, pressing plants, creating a poem for the Poetree, and interpreting dinosaur tracks; and are all based upon the same techniques our curators and research teams use in the field. From the David Eccles School of Business comes the Bill Daniels Ethics in Business Initiative. Discovery Hall activities are appropriate for people of any age and take place every Saturday from noon to 3:00 p.m. One of the only schools in the country to inculcate business ethics into its curriculum, the David Eccles School of Business teaches students the cultural, historical, and philosophical basis of business through an interdisciplinary approach that includes classical texts in the humanities. Hear student interns describe their experiences with Utah companies at www.business.utah.edu/daniels-ethics-initiative/business-ethics. www.umnh.utah.edu Included in Museum admission. No reservations are necessary! Tyrannosaurs with Mark Loewen Touch dinosaur fossils and get the latest information on two recently discovered tyrannosaurs. December 3, 2010 I 2:00-4:00 p.m. Avalanches with Craig Gordon To view more of Professor Christopher L. Peterson's interview with Face Time with U, visit wwvaacebook.com/universityofutah, and click on the Facetime tab. Examine how and where avalanches form in the Wasatch Mountains. Friday, December 17, 2010 I 2:00-4:00 p.m. "We prepare students to dream not only of the kind of work they want to do but the kind of people they want to be." Denali Kim Wirthlin, Associate Vice President for Health Sciences, at the University of Utah, is used to scaling great heights and overcoming incredible obstacles in her job. But climbing Denali, also known as Mt. McKinley and "The Great One,"took a whole different with Kim Wirthlin skill set to conquer. Read about this incredible journey in the College of Humanities' online publication Kingfisher at www.kingfisher.utah.edu . Curious about this image? If you have a smartphone, download the free QR Reader App, then scan this QR image to go directly to the U's easy-to-use mobile site. _ 110. "The invitation extended to the (University of Utah) to join the Pac-10 is the most recent evidence of...a tangible expression of regard by other distinguished universities of the successes and accomplishments of the state's flagship public university." - David Gardner, president emeritus of both the University of Utah and the University of California educational system . twIkker En Find us on: Mil facebook® Popular Science's -4t#, 10 Brightest Scientists e -dt.titt, --.. "11111:111111111.:111." The V ranked 1st with MIT in starting companies based on research. Chemist Michael Bartl is among Popular Science's 'Brilliant 10' Recognized for discovering "the secret to ultrafast computing in the shell of a beetle," Michael Bartl is among this years"Brilliant 10: America's Young Science Geniuses!' It's the first time one of the U's scientists has received this recognition. www.techventures.utah.edu THE UNIVERSITY OF UTAH Follow us on D WWW.UTAH.EDU Content provided by University Marketing & Communications Content provided by University Marketing & Communications Follow us on twikker WI Find us on: RI facebook® |