Center for Financial Stability

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Experts

Lawrence Goodman
President and Founder
lgoodman@the-cfs.org

Lawrence Goodman is the president and founder of the Center for Financial Stability (CFS). CFS is an independent, nonpartisan think tank focused on financial markets with business lines spanning the future of finance, data and analytics, policy, and technology.

Mr. Goodman is an economist with expertise in global macro investment strategies, risk management, and sovereign debt restructuring as well as an entrepreneur who has built new businesses in the public and private sectors. Over decades, he has established a consistent track record of successfully predicting meaningful financial market movements and crises. He has advised institutional investors, hedge funds, and governments and led research teams on Wall Street and at the U.S. Treasury.

Mr. Goodman was managing director and global head of emerging market strategy at Bank of America, where he promoted thinking among strategists to identify unique macro themes and investment opportunities. Mr. Goodman also originated and orchestrated a semi-annual policy forum for investors with senior officials in Washington, DC. Earlier in his career, he represented Bank of America on Bank Advisory Committees - analyzing and negotiating Brady sovereign debt restructuring agreements.

Prior to Bank of America, Mr. Goodman was the head of Quantitative Policy Analysis at the U.S. Treasury - advising the Under Secretary. Mr. Goodman managed Treasury’s international crisis prevention and early warning system (EWS). He co-founded and chaired an inter-agency group, comprised of 13 agencies to advise principals and deputies throughout the U.S. government on future financial, economic, and geopolitical risks. Mr. Goodman also led the creation of the Treasury debt sustainability and capacity model designed to strengthen policy negotiations with debtor nations and multilateral agencies. Previously, he was the chief global economist and managing director at Santander Investment, where he served on the Executive Committee for the Global Equity Group. Before Santander, he was the head of economic research for Latin America at Salomon Brothers Inc. He was repeatedly ranked in the top five for economic research by Institutional Investor. Mr. Goodman began his career at Wharton Econometrics in Philadelphia.

Mr. Goodman is a member of the Financial Research Advisory Committee at the U.S. Treasury’s Office of Financial Research. He is also a member of the Export-Import Bank of the United States (EXIM) Advisory Committee. He serves as Chairman of the Board of The First Alliance Foundation and a member of the Advisory Board of the Penn Institute for Economic Research (PIER). Previously, he served on the board of the Emerging Market Traders Association (EMTA), the Executive Committee of the Society for Economic Measurement (SEM), and the Executive Committee of the Global Equity Group at Santander Investment. He is presently a member of the Bretton Woods Committee and The Economic Club of New York.

Mr. Goodman holds a B.A. from the University of Pennsylvania, an M.B.A. in quantitative finance from University of California at Berkeley, and has engaged in Ph.D. studies in economics at The New School (part-time).

 

Select Papers by Larry Goodman

Research Notes and Speeches

Now What? Three Vectors for Investors and Officials (March 18, 2020)

Conclusion and Summary of the Future of the Global Monetary and Financial System: 75 years after Bretton Woods (October 17, 2019)

Central Banking East and West since the Crisis (October 15, 2018)

Preventative Macroprudential Policy: Treasury Liability Management (May 31, 2017)

Why CFS Divisia Money Matters, Now! (July 8, 2016)

Crisis Detection and Prevention: Implications for Investors and Officials (March 23, 2016)

More

Opinions and Editorials

The National Debt Is a Bigger Problem Than You Think The Fiscal Times (June 7,2017)

It May Make the World Go Round, but What’s Money? The Wall Street Journal (March 24, 2017)

Focusing on Bank Size, Missing the Real Problem, The Wall Street Journal (April 1, 2016)

Trump’s Right on Hacking, Wrong on Yuan, The Wall Street Journal (November 16, 2015)

Fixing the Fed's Liquidity Mess, The Wall Street Journal (July 21, 2015)

Bitcoin Needs Smart and Safe Regulation, Roll Call (May 1, 2015)

More

 

Advisory Board

William R. Rhodes

Eduardo Aninat, Ph.D.

Sheila Bair

Senator Bill Bradley

Charles Goodhart, CBE, FBA

Henry Kaufman, Ph.D.

Barbara G. Novick

Guillermo Ortiz, Ph.D.

Judge Richard A. Posner

Richard L. Sandor, Ph.D., Dr. Sc.h.c.

Myron S. Scholes, Ph.D.

The Honorable Carole L. Brookins (2010-20)

Randal K. Quarles (2010-17)



Experts

Sheila Bair
Advisory Board Member and Senior Fellow

William A. Barnett
Director / Advances in Monetary and Financial Measurement

Bradley J. Bondi
Senior Fellow / Legal Studies

Kevin R. Brock
Senior Fellow / Cybersecurity Strategy

Alvin Chua
Senior Advisor

Stephen Dizard
Special Counselor

John D. Feldmann
Senior Fellow

Kate Flanagan
Senior Fellow / Consumer Finance

Peter Flocos, Esq. (Trustee)
Managing Director, Policy and Regulation

Patricia Wilson Fridley
Senior Advisor

Diane B. Glossman
Senior Fellow / Financial Institutions

Lawrence Goodman
President and Founder

Steve H. Hanke
Special Counselor

Steven Lofchie
Senior Fellow / Legal Studies

Robin L. Lumsdaine
Senior Fellow / International Finance

Jack Malvey
Special Counselor

David X Martin
Special Counselor

Ryan Scott Mattson
Research Associate

Nicholas Sargen
Senior Fellow / Global Markets and Investment Management

Charles Schott
Senior Advisor

Kurt Schuler
Senior Fellow / Financial History

Liting Su
Research Associate

Jeff van den Noort
Chief Technology Officer

Yubo Wang
Senior Fellow / Financial Markets