Robert L. Losey, Ph.D
Education
Dr. Robert (Bob) Losey is a member of the Advisory Board of the Virginia Institute of Finance. He earned his Ph.D. from the University of Kentucky, having also done graduate work at Vanderbilt University and the University of Virginia. Bob is widely published in journals devoted to finance, real estate, and the equine business. His expertise spans many areas of finance,including International Finance, Investments, Corporate Finance,Financial Markets and Institutions, Financial Derivatives, Risk Management, Managerial Finance, New Venture Finance, Banking Regulation, Equine Finance, and Equine Economics, as well as Quantitative Methods and Principles of Economics.
Experience
Bob’s career has centered around banking regulation and academia. He began his career with a fellowship at the Federal Reserve Bank of Cleveland,and then moved to academia, teaching and earning his Ph.D. at the University of Kentucky.He was awarded the AACSB Federal Faculty Fellowship at the Federal Home Loan Bank Board in Washington, DC, and from there became a Senior Financial Economist at the Federal Savings and Loan Insurance Corporation, where he was the principal author of the widely-acclaimed FHLBB futures regulations. From these regulatory positions he moved to American University, where he spent two decades teaching in the Department of Finance and Real Estate at the graduate and undergraduate level, directing the Master of Science in Finance program, coordinating internships,and advising the student Investment Club. Bob served two terms as department chair and kept up a busy schedule of research,publishing,and presenting. More recently he has taught at the University of Louisville jointly with the Department of Finance and the Equine Program.
Expertise
Bob has served as a consultant to the World Bank on privatizing housing and mortgage markets in the Peoples Republic of China, and on developing housing finance markets for the Palestinian Authority, working with the missions to China and the Middle East respectively. He has been a consultant to the U.S. Department of Justice on financial markets, including serving as the primary expert witness in finance for one of the largest patent infringement cases in U.S. judicial history,and as an expert witness for the Federal Deposit Insurance Corporation on modeling financial statements,asset/liability management, derivative positions and valuing thrift associations. He has also been a consultant in the valuation of privately held shares after a dilutive secondary offering. Bob has been a trainer for the U.S. Office of Thrift Supervision, teaching Financial Instruments, Futures and Options in Chicago, Dallas, San Francisco, Indianapolis, Pittsburgh, New York City, and Atlanta; for the National Credit Union Administration and the National Association of Federal Credit Unions on Futures, Options, and Asset-Liability Management; on Financial Markets at Zelenograd University in Russia; for bankers in Lagos, Nigeria through the U.S. AID Democracy Project; and for the CFA exam.
