McCombs TODAY

Professor of Finance Lewis Spellman presents a four-part lecture series on the economy, titled “The Economy and Financial Markets: Yesterday, Today and Tomorrow.”
Each lecture is 7:30-9 p.m. at the AT&T Executive Conference Center on the UT Campus, and is open to the public. (Note: An earlier version of this post incorrectly listed the time of [...]

[Read more →]

On Friday, Congress passed a $787 billion economic stimulus bill. How would you have voted? Answer “Yea” or “Nay” in our poll, and then share your reasons in the comments section.

[Read more →]

THE STRANGE POLITICS OF THE FINANCIAL BAILOUT
by David B. Spence, professor of business law
The political process that led ultimately to the passage of the Troubled Asset Relief Program Act of 2008—better known as the “Wall Street bailout”—was a strange one. By the time the mortgage crisis was fully understood, enormous amounts of bad debt had [...]

[Read more →]

Originally posted on the MBA Alumni Network blog.
By Jim Nolen, Distinguished Senior Lecturer, Department of Finance
Well, I told you recent grads that you would look back at your MBA experience one day and say “OMG, Professor Spellman was right. His forecast of economic collapse really happened.” While Enron and the subsequent SOX legislation gave accounting [...]

[Read more →]

Should Congress grant $25 billion in aid to Ford, GM and Chrysler? | BuzzDash polls
[...]

[Read more →]

The Austin American-Statesman sat down with McCombs Finance Lecturer Greg Hallman to get an explanation of the Wall Street meltdown. “The only way [the bailout] is going to cost us $700 billion is if the real estate that backs these bad mortgages goes to zero. So the odds that it will really cost us whatever [...]

[Read more →]