Vail Symposium’s Active Minds event focuses on the financial meltdown
Vail CO, Colorado
Vail Symposium’s Active Minds Series continues with an overview of the current financial crisis that has affected every sector of the American economy and the world. The lecture on Wednesday will be given by Active Minds co-founder John Henderson at the Golden Eagle Community Center at 5:30 p.m. Like all Active Minds programs, the event is free to the public.
“The key purpose of this presentation is to provide background, context and understanding of what specifically happened to create the economic meltdown that we’re in the midst of,” Henderson said. “The major elements are the simultaneous growth of the banking sector and the housing sector and how they fed on each other. It created two bubbles that burst.”
The origin of the problem is up to debate, Henderson continued, “but we are focusing on the triggers to the bursting of the bubbles and subsequent unraveling.”
He stressed that he would not be pointing fingers.
“The blame,” he said, “is shared among collective stories and individual stories. Both banking and federal institutions were derelict and complicit in failing to provide oversight. The main theme is shared responsibility for where we are now.”
Participate in The Longevity Project
The Longevity Project is an annual campaign to help educate readers about what it takes to live a long, fulfilling life in our valley. This year Kevin shares his story of hope and celebration of life with his presentation Cracked, Not Broken as we explore the critical and relevant topic of mental health.
Funding in many sectors is especially difficult during these trying times. The Vail Symposium could not make their 50-plus programs a year possible without the financial support from the community. American National Bank, along with the United Way and the Vail Valley Motorcycle Foundation, is one of the Active Minds Series key sponsors. Drew Dodd, the President of American National Banks’ Avon branch, feels it is a crucial to provide support to the community. The bank recently received the highest rating from VERIBANK, a national bank rating firm, as being a Blue Ribbon Bank which gives them even more reason to be committed to making a difference in the Vail Valley.
As a part of the Vail Symposium’s mission to offer educational opportunities to the Vail Valley community at large, the free Active Minds series has been offered since the summer of 2006. The program is designed to introduce impartial, wide-spectrum of understanding to historical, timely, and sometimes controversial subjects. The Symposium partners with Denver-based Active Minds for Seniors and Eagle County for to produce these programs. Call 970-476-0954 or visit http://www.vailsymposium.org for more information.
What: Vail Symposium Active Minds Series continues with a presentation on the financial meltdown
When: Wednesday, 5:30 to 7 p.m.
Where: Golden Eagle Community Center in Eagle
More information: call 970-476-0954 or visit http://www.vailsymposium.org