Education
University of Wisconsin–Madison. Columbia University; School of International and Public Affairs, Columbia University.
(This study examines the failure of the Franklin National ...)
This study examines the failure of the Franklin National Bank and the international banking crisis of 1974-1975. It discusses the changes in banking regulation and practice which contributed to Franklin's problems and explores how regulators in the U.S. and abroad coped with the threat to the safety and soundness of the international banking system. The study explains how the failure of the Franklin National Bank and the Herstatt Bank forced bank regulators and policy makers to address the new international nature of banking and to work together to address the dramatic changes in international financial markets. Such international cooperation to manage bank crises and to set common standards will help to prevent financial crises in the future. The book also addresses an interesting undercurrent in the Franklin Bank: the involvement of the mysterious Italian financier Michele Sindona.
http://www.amazon.com/gp/product/1893122344/?tag=2022091-20
(FDIC. The story behind the first major US bank failure si...)
FDIC. The story behind the first major US bank failure since the great depression. With assets of over $5. billion, Franklin suffered from weak management, a bad domestic loan portfolio, poor investments, and heavy reliance on very short-term borrowings to finance long-term loans. The role of Michael Sidona. Mismanagement and corruption. The lasting effects of the franklin episode to protect the international market when banks are transformed into multinational corporations.
http://www.amazon.com/gp/product/0231047886/?tag=2022091-20
University of Wisconsin–Madison. Columbia University; School of International and Public Affairs, Columbia University.
From 2009 to 2010, Mississippi Spero was a Visiting Scholar at the Foundation Center, where she conducted research on the role of American private foundations in United States. foreign policy and in the global system. Known as an international political economist, her book The Politics of International Economic Relations first published in 1977 is currently in its 7th edition and has been translated into numerous languages.
She is also the author of The Failure of the Franklin National Bank originally published in 1980 and reprinted in 1999, as well as New World, New Deal: A Democratic Approach to Globalization (2000), Foundations (2010) and Charity and Philanthropy in Russia, China, India, and Brazil (2014).
From 1997 to 2008, Mississippi Spero served as President of the Doris Duke Charitable Foundation.
From 1993 to 1997, Mississippi Spero served in the United States. Department of State as Undersecretary for Economic, Business, and Agricultural Affairs.
From 1981 to 1993, she held several positions at American Express Company, the last being Executive Vice President, Corporate Affairs and Communications.
She was Ambassador to the United Nations for Economic and Social Affairs from 1980 to 1981 and an Assistant Professor at Columbia University from 1973 to 1979. Mississippi Spero graduated Phi Beta Kappa from the University of Wisconsin and holds a master’s degree in international affairs and a doctorate in political science from Columbia University. She also studied at the Institut d’Études Politiques in Paris and is fluent in French.
She serves as a Trustee of the Wisconsin Alumni Research Foundation and the International Center for Transitional Justice and is a Trustee Emeritus of Columbia University, Amherst College, the Council on Foreign Relations, and the Brookings Institution.
Mississippi Spero is a Director of International Business Machines Corporation, International Paper and Citigroup and has previously served as a director of International Netherlands Group, FDC, Delta Airlines, and Hercules.
(THE POLITICS OF INTERNATIONAL ECONOMIC RELATIONS delivers...)
(THE POLITICS OF INTERNATIONAL ECONOMIC RELATIONS delivers...)
(This study examines the failure of the Franklin National ...)
(FDIC. The story behind the first major US bank failure si...)
Mississippi Spero is a member of the Academy of Diplomacy, the American Philosophical Society, and the Council of American Ambassadors.