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<title>MIT World Newsletter | Volume 10, Number 33 | March 16, 2011</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;">March 16, 2011</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 10, Number 33</p>
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<a href="http://mitworld.mit.edu/video/885"><img src="http://mitworld.mit.edu/thumbs/video/browse/mitwstill01399sloandilsmccolganmistake24feb2011.jpg" alt="Video" width="140" height="105" /></a>
<p style="margin:10px 0 0 15px;padding:0;"><a href="http://mitworld.mit.edu/video/885"><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;">"Leadership is about bringing people to a place they will not go to by themselves. Making mistakes
helps you to learn your own limits and the limits of the organization... This by the way, is the
secret to having a life worth living. Do not be afraid. Instead, make your motto: be big, be brave, be bold."</p>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Ellyn McColgan</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/885" style="color: #94353b;">How to Make a Great Mistake</a></h2>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">February 24, 2011</p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Take it from Ellyn McColgan: Colossal, cringe-inducing screw-ups can make rather than break a career.
In a self-deprecating talk aimed at educating an audience training for corporate leadership, McColgan,
who rose to run businesses managing trillions in assets, reveals how she learned from even the
most devastating mistakes.</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;">Ellyn McColgan</h3>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Director, Primerica, Inc. and Executive Advisor, Aquiline-LLC </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://mitsloan.mit.edu/" style="color: #94353b;">MIT Sloan School of Management</a></div>
<a href="http://mitsloan.mit.edu/"><img src="http://mitworld.mit.edu/uploads/Sloan2010black.jpg" alt="MIT Sloan School of Management" style="display:inline;float:right;margin-top:-15px; border:none;" /></a></p>
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<a href="http://mitworld.mit.edu/video/878"><img src="http://mitworld.mit.edu/thumbs/video/browse/mitwstill01383mit150econpt5lo28jan2011.jpg" alt="Video" width="140" height="105" /></a>
<p style="margin:10px 0 0 15px;padding:0;"><a href="http://mitworld.mit.edu/video/878"><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;">"My guess is we’d all say it wasn’t the models that caused the crisis. It was misuse or overconfidence
in the models, or lack of comprehension of downstream effects of what various people were doing, or
the dangers they were unwittingly running. It’s true that modern finance is a powerful tool and can
be misused, but that’s not a reason to discard the tool. That’s a reason to use it better."</p>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Stewart C. Myers</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/878" style="color: #94353b;">The Evolution of Financial Technology</a></h2>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">January 28, 2011</p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">An unmistakable glow of nostalgia rises from this reunion of “five of the founding fathers of
modern finance,” in the words of Andrew Lo. The speakers reminisce about their start in economics,
and their professional lives at MIT, a decades-long era of intense collaboration and creativity that
both transformed the academic field and the landscape of real-world finance. </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;">Moderator</h3>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Andrew Lo</h3>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Harris & Harris Group Professor of Finance, MIT Sloan School of Management <br />Director, MIT Laboratory for Financial Engineering </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://mit150.mit.edu/" style="color: #94353b;">MIT150 Inventional Wisdom</a></div>
<a href="http://mit150.mit.edu/"><img src="http://mitworld.mit.edu/uploads/MIT150BlackBgd_RedTag72.jpg" alt="MIT150 Inventional Wisdom" 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:20px;text-transform:uppercase;">MIT World on Twittter</h3>
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New videos are posted on Twitter--a new way to keep up with MIT World.</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;">Inside Tahrir Square</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;">Center for International Studies<BR>Starr Forum</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;">Iason Athanasiadis, David Weinberg, Kristin Fabbe</h3>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;"> </p>
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<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Massachusetts Institute of Technology<br />77 Massachusetts Avenue<br />Cambridge, MA 02139-4307</p>
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