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19th District Congressional Candidate


Richard Peterson Campaign, 7205 Louisville Ave.,

 Lubbock,Texas, 79423, Richard Peterson,Treasurer




Professor Emeritus, Texas Tech University  


Professor of Finance and Holder of the I. Wylie and Elizabeth Briscoe Chair of Bank

Management, Texas Tech University 

C.E.O. Lubbock Asset Management Co.

Associate Director of the Credit Research Center, Purdue University

Financial Economist on the staff  of the Board of Governors of the Federal Reserve System

Assistant Professor of Economics, Southern Methodist University

Other Experience

Consultant for Federal Trade Commission,  Federal Deposit Insurance Corporation, Dun and Bradstreet, Citicorp, Chemical Bank Capital Markets Group, National Second Mortgage Association and Past Director of Purdue Employees Federal Credit Union and of the Southwestern Finance Association.

Testified before state legislatures and regulatory bodies and prepared testimony for presentation to Congress on a variety of financial and economic topics.  Also has testified in New York Stock Exchange and National Association of Securities Dealers arbitrations.

Participated in and prepared a chapter for the prestigious American Assembly meetings on Financial Services, which involved top level regulators, businessmen, and academics who met to prepare proposals for the reform of the U.S. Financial system in the early 1980’s.

Coauthored numerous editions of a leading college textbook titled Financial Institutions, Markets and Money (most recently published by John Wiley & Sons in 2006).

Authored book for the general public titled The REAL Social Security Problem: What Everyone Must Know Before It’s too Late (Financial Economics Publications, 1998).

Has owned and managed real estate and a wide variety of financial assets, and was CEO of Lubbock Asset Management, Inc. 


                B.S. “With Distinction” and “High Scholarship Graduate in Economics,” Iowa State University

                M.A. and Ph.D. in Economics, University of Michigan


                President’s Academic Achievement Award, Texas Tech University

                President’s Excellence in Teaching Award, Texas Tech University

                College of Business Research Award, Texas Tech University

                Outstanding Paper Awards at several academic meetings.


Wife, Carol, taught computing and was Area Coordinator for Micro-computing for many years at South Plains College in Lubbock before retiring in 2001. Presently she is an award winning watercolor artist.

Three Children all graduated from Lubbock High where they participated in athletics and the LEAP Academic Program. One each graduated with honors from Texas A&M, Texas Tech, and the University of Texas. Two are now medical doctors and the third has done extensive work in Medical Economics.

Seven Grandchildren .





Email Chip with any questions.,

Richard Peterson Campaign, Richard Peterson treasurer