Market Overview

Former FDIC Chairperson Sheila C. Bair to Deliver the Inaugural Fred Dunbar Memorial Lecture in Law and Economics at Fordham Law School

New York - The Honorable Sheila C. Bair, former Chairperson of the Federal Deposit Insurance Corporation, will deliver the inaugural address of the Fred Dunbar Memorial Lecture in Law and Economics at Fordham Law School on 8 April 2013. The annual lecture was established to honor Dr. Fred Dunbar's pioneering role in securities litigation: raising the standard for economists' expert testimony from one comfortable with subjective opinion to one emphasizing objective, scientifically-based analysis. Fordham Law School is hosting the series in conjunction with NERA Economic Consulting, the firm that Dr. Dunbar called home for three decades and whose Securities and Finance Practice he founded. Dr. Dunbar passed away in February 2012.

Ms. Bair served as the 19th Chairperson of the FDIC from 2006-2011, during one of the most difficult periods of financial instability the US has ever faced. She was instrumental in establishing programs that restored confidence and stability to financial markets after the 2008 financial crisis. Currently, Ms. Bair is a senior advisor at The Pew Charitable Trusts, where she also leads the Systemic Risk Council, a private-sector group that monitors and encourages regulatory reform of US capital markets to reduce systemic risk.

"We at NERA are delighted that someone of Sheila Bair's stature has agreed to give the first of a series of lectures to honor Fred and advance his commitment to having rigorous economic analysis inform matters of public policy," said NERA Economic Consulting President Dr. Lawrence Wu. "We are proud to partner with Fordham Law School in what will certainly be a stellar lecture series."

Dr. Dunbar was one of the most respected and sought-after economics experts in cases involving securities and finance. He was retained in over 500 securities litigations and arbitrations over the course of his career, providing influential testimony in US federal and state courts and arbitration venues, and also testifying abroad. Dr. Dunbar was instrumental in helping to grow NERA into one of the world's largest and most well regarded economic consulting firms. After retiring from the firm in 2009, Dr. Dunbar became an Economic Fellow in the Office of Economic Analysis of the US Securities and Exchange Commission. Working with the Division of Risk, Strategy and Financial Innovation, he supported the Commission in enforcement and fraud detection. Earlier in his career he had been an Adjunct Professor at Fordham University School of Law.

For more information on the Fred Dunbar Memorial Lecture in Law and Economics, visit: http://ow.ly/i6EXa

About NERA

NERA Economic Consulting (www.nera.com) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms and corporations. We bring academic rigor, objectivity, and real world industry experience to bear on business and legal issues involving competition, regulation, public policy, strategy, finance, and litigation.

NERA's clients value our ability to apply and communicate state-of-the-art approaches clearly and convincingly, our commitment to deliver unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists and other experts backed by the resources and reliability of one of the world's largest economic consultancies. With its main office in New York City, NERA serves clients from more than 20 offices across North America, Europe, and Asia Pacific.

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