Southfield, Mich. - The Center for Global Leadership and Understanding in the College of Management will host a program entitled "Free Markets, The Sub-Prime Debacle and the Financial Crises" on Tuesday, Oct. 13, 6-7:30 p.m. in M218 in the Buell Management Building at Lawrence Technological University.

Lawrence Tech Adjunct Professor Michael Rinkus, senior vice president of international banking at Comerica Bank, will analyze the causes and implications of the current global financial crisis. He will provide new insights that challenge conventional wisdom, arguing that sub-prime financing was a symptom rather than a cause of a crisis that had its origins in global financial forces.

Topics include: 

• What the market was telling us before the crisis hit.
• How emerging markets and increased foreign capital flows impact the U.S. economy.
• The new players in global capital markets.
• How trust in U.S. markets attracted good capital to bad investments.
• What an international lender has learned about the global marketplace after surviving 30 years of global risk.

The cost is $15. There is no charge for current students and members of the Center for Global Leadership and Understanding.  Registration is required 

Please send your check payable to Lawrence Technological University to:

Donna Kress
Lawrence Technological University
21000 West Ten Mile Road
Southfield, MI 48075

For more information, email globalleaders@ltu.edu or call (248) 204-3050.

Lawrence Technological University, ltu.edu, offers nearly 100 undergraduate, master's and doctoral degree programs in Colleges of Architecture and Design, Arts and Sciences, Engineering and Management. Founded in 1932, the 4,500-student, private university pioneered evening classes and today has a growing number of weekend and online programs. Lawrence Tech's 102-acre campus is in Southfield, and programs are also offered in Detroit, Lansing, Petoskey and Traverse City. Lawrence Tech also offers programs with partner universities in Canada, Mexico, Europe, the Middle East and Asia.