Global Financial Markets Forum
January 17, 2007
John B. Taylor, Mary and Robert Raymond Professor of Economics at Stanford and Former United States Under Secretary of Treasury for International Affairs spoke on his book, Global Financial Warriors: The Untold Story of International Finance in the Post- 9/11 World.
The moderator was Jack Sandner, Retired Chairman, Chicago Mercantile Exchange and Chairman, E-Trade Futures
View photos from the Scholes Forum in the photo gallery.
John B. Taylor, Former United States Under Secretary of Treasury for International Affairs, is the Bowen H. and Janice Arthur McCoy Senior Fellow at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University.
He served as Under Secretary for International Affairs at the United States Department of Treasury from 2001 to 2005, where he was responsible for U.S. policy on international finance, which includes currency markets, trade in financial services, foreign investment, international debt and development, and oversight of the International Monetary Fund and the World Bank. Among other prestigious posts in academia and the nonprofit sector, Taylor has served on the faculties of Stanford University, Princeton University, and Columbia University. He received a B.A. in economics summa cum laude from Princeton in 1968 and a PhD in economics from Stanford in 1973.
Retired Chairman, Chicago Mercantile Exchange, and Chairman, E-Trade Futures
Under Mr. Sandner’s leadership, the CME developed: Eurodollar futures, the most actively traded derivatives product in the world; Stock Index futures and options, for which the Merc has become the world trading center; and GLOBEX, the global electronic trading system launched in 1992. In April 1993, he was appointed Chairman of GLOBEX.
Recognized as an industry leader, he has testified frequently before Congress, most notably the 1980 Gold and Silver Crisis, the 1987 stock market crash, and in the 90’s the modernization of financial services regulation. In December 1992, former President Clinton invited Mr. Sandner to address his economic summit in Little Rock. In 1995 U.S. Treasury Secretary Robert E. Rubin appointed him to the U.S. Advisory Commission on Financial Services. In 1997 he was asked to be the U.S. chair for financial services at the Trans-Atlantic Business Dialogue Conference in Rome.
This event was co-sponsored by the Chicago Council on Global Affairs. This IGM Forum was generously sponsored by the Chicago Mercantile Exchange (CME) Trust.