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Contact: Patricia Coen 609/258-5764
Date: April 1, 1999
 

Author and Television Host Adam Smith to Host TV Program Preview and Discuss "The World Financial Crisis" at Princeton

PRINCETON, N.J. -- Economic analyst George J. W. Goodman, also known as Adam Smith of "Adam Smith's Money World," will speak on "The World Financial Crisis: Impact Here and Abroad" at Princeton University's Woodrow Wilson School of Public and International Affairs on Thursday, April 1, at 4:30 p.m. in Robertson Hall, Bowl 1.

His appearance will feature previews of a primetime PBS one-hour Adam Smith special, starring Treasury Secretary Robert Rudin, George Soros, Paul Krugman (MIT), Jeffrey Sachs (Harvard University), Prime Minister Mahathir of Malaysia, Senior Minister Lee Kuan Yew of Singapore, Grigory Yavlinsky of Russia, Stanley Fischer (IMF) and others. Robert Hormats, vice chair of Goldman Sachs and former assistant secretary of state for economic and business affairs, will join Goodman for a discussion of the program and the issues it raises.

Goodman is the host and editor in chief of "Adam Smith's Money World," a weekly PBS show that has won four Emmys since its first broadcast in 1983. Its notable achievements have included a one-on-one interview with Mikhail Gorbachev in 1990, an on-the-scene report of the economic revolution in China in 1985, and a live special on the stock market crash of 1987. In 1990, Adam Smith became the only American public affairs series to be regularly broadcast in the former Soviet Union.

Goodman, a founder of New York magazine and the founding editor of the trade magazine Institutional Investor, originally adopted his pseudonym so he could write satirical columns while working as a Wall Street portfolio manager. His books include The Money Game, Wealth of Nations, Supermoney, Paper Money, Powers of Mind, and The Roaring Eighties. He holds a bachelor's degree from Harvard and was a Rhodes Scholar at Oxford University.

Robert Hormats is vice chair of Goldman Sachs (International) and managing director of Goldman, Sachs, Co. Before joining Goldman Sachs in 1982, he served as assistant secretary of state for economic and business affairs, ambassador and U.S. deputy trade representative, and senior economic adviser to Henry Kissinger, Brent Scowcroft, and Zbigniew Brzezinksi. A member of the board of the Council on Foreign Relations, his publications include American Albatross: The Foreign Debt Dilemma and Reforming the International Monetary System. His articles have appeared in Foreign Affairs, Foreign Policy, The New York Times, The Washington Post, the Wall Street Journal, American Banker, and Financial Times.

The presentation is sponsored by the Woodrow Wilson School and the University's Center of International Studies.