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<title>MIT World Newsletter | Volume 8, Number 34 | April 16, 2009</title>
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<p style="color: #777777;font-family: Arial, Helvetica, sans-serif;font-size: 12px;margin: 0;padding: 0 0 10px 0;">April 16, 2009</p>
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<p style="color: #777777;font-family: Arial, Helvetica, sans-serif;font-size: 12px;margin: 0;padding: 0 0 10px 0;">Volume 8, Number 34</p>
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<a href="http://mitworld.mit.edu/video/659"><img src="http://mitworld.mit.edu/thumbs/video/browse/mitwstill01115shassmuhawardfinancemerton05mar2009.jpg" alt="Video" width="140" height="105" /></a>
<p style="margin:10px 0 0 15px;padding:0;"><a href="http://mitworld.mit.edu/video/659"><img src="http://mitworld.mit.edu/_resources/img/email/btn_play-video.gif" alt="Play Video" width="104" height="25" style="border:0;" /></a></p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 10px 0 10px 0;">"If you have housing come down, as it did as an underlying asset you’re going to have those effects in the most vanilla of securities. Any virtue can become a vice when taken to its extreme. Only a crazy person would have a mathematical model
just running -- (and) you go off fishing.
"</p>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Robert C. Merton</h3>
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<h2 style="color: #94353b;font-family: Georgia, 'Times New Roman', Times, serif;font-size: 20px;font-weight: normal;margin: 0 0 15px 0;padding: 0;"><a href="http://mitworld.mit.edu/video/659" style="color: #94353b;">Observations on the Science of Finance in the Practice of Finance</a></h2>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">March 5, 2009</p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">There will be a time “beyond crisis,” asserts Robert C. Merton, who delves into the dense science of derivatives -- a field he has fundamentally shaped -- to explain how the vast global economic collapse has come about, and how financial
innovations at the heart of the collapse could also be tools for reconstruction.</p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Speaker</h3>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Robert C. Merton Ph.D. '70</h3>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">John and Natty McArthur University Professor, Harvard Business School, Harvard University <br />Nobel Prize in Economic Sciences, 1997 </p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Event Host</h3>
<p style="color: #94353b; font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: normal;margin:0;padding-top:0;"><div style="width:200px;"><a href="http://web.mit.edu/shass/HOMEPAGE/homepage_main.htm" style="color: #94353b;">MIT School of Humanities, Arts, and Social Sciences</a></div>
<a href="http://web.mit.edu/shass/HOMEPAGE/homepage_main.htm"><img src="http://mitworld.mit.edu/uploads/SHASS-logo-cropped.jpg" alt="MIT School of Humanities, Arts, and Social Sciences" style="display:inline;float:right;margin-top:-15px; border:none;" /></a></p>
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<a href="http://mitworld.mit.edu/video/660"><img src="http://mitworld.mit.edu/thumbs/video/browse/mitwstill01126councilforartsviolavideo10mar2009.jpg" alt="Video" width="140" height="105" /></a>
<p style="margin:10px 0 0 15px;padding:0;"><a href="http://mitworld.mit.edu/video/660"><img src="http://mitworld.mit.edu/_resources/img/email/btn_play-video.gif" alt="Play Video" width="104" height="25" style="border:0;" /></a></p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 10px 0 10px 0;">"We’re moving into a scary time; the world seems like it’s deconstructing before our eyes. ... As students, you should be very happy you’re graduating into this emptiness. As Buddhists say, if you’re not empty, there’s not room to put something in to fill you up. You’ll move into a world with a lot of opportunity."</p>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Bill Viola</h3>
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<h2 style="color: #94353b;font-family: Georgia, 'Times New Roman', Times, serif;font-size: 20px;font-weight: normal;margin: 0 0 15px 0;padding: 0;"><a href="http://mitworld.mit.edu/video/660" style="color: #94353b;">An Evening with Video Artist Bill Viola</a></h2>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">March 10, 2009</p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Bill Viola's inspiring talk of life, death and all that lies between, leaves the realm of classroom and enters a place of potential enlightenment. Weaving together his video art, personal anecdotes, poetry and other writings from religious traditions spanning the globe and the ages, Viola illuminates his own spiritual journey and search for meaning.</p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Speaker</h3>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Bill Viola</h3>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Video artist </p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Event Host</h3>
<p style="color: #94353b; font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: normal;margin:0;padding-top:0;"><div style="width:200px;"><a href="http://web.mit.edu/arts/about/office/council/about.html" style="color: #94353b;">Council for the Arts at MIT</a></div>
<a href="http://web.mit.edu/arts/about/office/council/about.html"><img src="http://mitworld.mit.edu/uploads/CAMITlogo2009copy.gif" alt="Council for the Arts at MIT" style="display:inline;float:right;margin-top:-15px; border:none;" /></a></p>
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<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-bottom:10px;text-transform:uppercase;">Sponsored Link</h3>
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<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-bottom:20px;text-transform:uppercase;">MIT PROFESSIONAL EDUCATION<br> SHORT PROGRAMS</h3>
<h2 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 20px;font-weight: normal;margin: 0 0 15px 0;padding: 0;"><a href="http://web.mit.edu/professional/short-programs/?c1=email&source=sp+mitw" style="color: #94353b;">Summer Short Courses For Professionals</a></h2>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;"><p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Choose from over 50 intensive programs of 2-5 days in biotechnology, computing, networks, mechanical design, innovation, energy, transportation, nanotechnology, project management, high-speed imaging, tribology, lean enterprise, technology policy, healthcare, systems engineering, data analysis, scientific / technical leadership, and other topics of vital interest to today’s engineers and scientists.</p>
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<h3 style="color: #000000;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:0;text-transform:uppercase;">In The Pipeline:</h3>
<h3 style="color: #ffffff;font-family: Georgia, 'Times New Roman', Times, serif;font-size: 22px;font-weight: normal;margin:0;padding-top:15px;">Great Leaps, Persistence, and Innovation: The Evolving Story of Hyundai</h3>
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<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:0;text-transform:uppercase;">Presented By</h3>
<p style="font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: normal;margin:0;padding-top:0;">Engineering System Division<br>Annual Charles L. Miller Lecture</p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Speaker</h3>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">John Krafcik</h3>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">President and CEO <br />Hyundai Motor America </p>
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