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Philip Fanara

Dr. Philip Fanara, Jr., holds the Morgan Stanley Foundation Professorship as Full Professor of Finance in the Department of Finance, Insurance, and International Business at the Howard University School of Business in Washington, D.C. He currently teaches Investment Banking, Investment and Portfolio Analysis, Financial Engineering, and Corporate Finance. Formerly, he held positions as Associate Dean, and Chairperson of the Department of Finance, Insurance and International Business. Previous to his joining the faculty of Howard University, he taught at the University of Maryland, and Indiana University.

Professor Fanara has been the author and co-author of numerous articles on the topics of investments, finance, economic regulation, and deregulation. He has consulted for numerous government agencies, financial institutions, trade associations, and corporations, such as the Federal Energy Regulatory Commission, Thai Mutual Fund Co., Ford Motor Company, the American Gas Association, the Edison Electric Institute and Goldman Sachs & Company. He has lectured throughout the world, in such places as London, East Asia, and the countries of Malawi, Uganda. Since becoming a Chartered Financial Analyst, he has served the CFA Institute in a number of capacities, including serving as grader of the CFA exam.

Phil became a Christian at the age of 27. He and his wife Vicki have been married for twenty-nine years, and have three children, Lena Palmer, Philip, and Abigail. Phil has served as a member of Gideon’s International. He and his wife, Vicki, and daughter Abigail are members of Fourth Presbyterian Church in Bethesda, Maryland, where he serves as a Ruling Elder, and Adult Sunday School Teacher.

The root of our financial crisis

A new view of the "American Dream" was being created, including a "right" to unlimited consumption, achieved without personal responsibility. But now this unrealistic, ephemeral dream has become a nightmare, exported globally.

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The root of our financial crisis

A new view of the “American Dream” was being created, including a “right” to unlimited consumption, achieved without personal responsibility. But now this unrealistic, ephemeral dream has become a nightmare, exported globally.