Mark T. Williams
Additionally, Professor Williams provides expert testimony in litigation relating to risk management best practices and the reasonableness of party actions, as well as determining economic damages. He also provides risk management consulting and executive training in the banking, energy, and credit rating industries. He has direct experience in the banking industry as a former trust banker and as an examiner for the Federal Reserve Bank, where he conducted on and off-balance sheet risk assessments in loan portfolios and on capital market trading floors. He has also previously worked as a senior executive for a major energy trading company, as well as in a top utility company.
In Uncontrolled Risk (McGraw Hill), a 2010 publication, Professor Williams examines the root causes of the financial crisis, and the rise and fall of investment banking giant Lehman Brothers. In 2014, he provided Congressional Testimony on the risks associated with virtual currencies. He also presented on virtual currencies to The World Bank in 2014 and at The Bretton Woods Committee in 2015. More recently, he co-authored an in depth report about the growing risks associated with the MBTA pension.
Professor Williams is a member of the finance faculty at Boston University where his responsibilities include teaching, course development, and conducting risk management research. In 2008, he was a recipient of the Beckwith Prize for Excellence in Teaching.
Uncontrolled Risk focuses on the central question of why Lehman Brothers failed and what were the root causes of the financial crisis. In 2015, this book was also published in Chinese. The Boston Globe wrote a story about the release of this book; see Healy, Beth (27 June 2010) "Learning from Wall Street's Failures"
Boston University School of Business, MBA
University of Delaware, B.S.B.A. in Finance