We cordially invite you to join alumnus Spencer Lake (MBA '87) and Professor Thomas Philippon as they engage in an insightful discussion about Professor Philippon's 2019 book "The Great Reversal" and his perspective on the economic outlook in the wake of COVID-19.

Please note, this webinar will take place in Eastern Standard Time.

Register Now


Professor Thomas Philippon is the Max L. Heine Professor of Finance at New York University, Stern School of Business. Philippon was named one of the “top 25 economists under 45” by the IMF in 2014. He has won the 2013 Bernácer Prize for Best European Economist under 40, the 2010 Michael Brennan & BlackRock Award, the 2009 Prize for Best Young French Economist, and the 2008 Brattle Prize for the best paper in Corporate Finance. Philippon has studied various topics in macroeconomics and finance: systemic risk, crisis resolution mechanisms, the dynamics of corporate investment and household debt, and the size of the finance industry. His recent work has focused on the Eurozone crisis, financial regulation, and the market power of large firms. He currently serves as an academic advisor to the Financial Stability Board and to the Hong Kong Institute for Monetary and Financial Research. He was previously an advisor to the New York Federal Reserve Bank, a board member of the French prudential regulatory authority from 2014 to 2019, and the senior economic advisor to the French finance minister in 2012-2013. Philippon graduated from Ecole Polytechnique, received a PhD in Economics from MIT, and joined New York University in 2003.


Spencer Lake (MBA '87) is a Founding Partner at Element Ventures, a UK based early stage enterprise financial technology VC, and over the past four years has been investing in / advising a number of tech firms and currently has boards seats at nCino, Fenergo, Duco, and Nivaura.  Until 2016 Lake worked in the banking industry for almost 30 years. Most recently, he was Vice Chairman of HSBC Global Banking & Markets. During his tenure with HSBC, Spencer held several global senior roles in areas including Debt Capital Markets and Acquisition Finance; Global Markets (including FICC, equities, and research); and Capital Financing (structured and unstructured lending, financing and investment banking products). Prior to HSBC, Spencer spent 17 years at Merrill Lynch in senior roles spanning real estate finance, investment banking, and debt capital markets across New York, Hong Kong, and London. Before joining Merrill Lynch, Spencer worked for two years at JP Morgan in real estate investment banking. Spencer holds a M.B.A. from New York University's Stern School of Business and a B.B.A. in Finance and Marketing from Suffolk University.

Please contact the Alumni Relations office at alumni@stern.nyu.edu with any questions.