McCombs TODAY

This Tuesday, Professor of Finance Lewis Spellman presents the second lecture of his four-part 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.
Tuesday, June 16
Why Economists Missed the Biggest Economic [...]

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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 [...]

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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 [...]

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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 [...]

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The Hindu, December 22, 2008
Prabhudev Konana is a professor in the Department of Information, Risk, and Operations Management.
In the 1980 Presidential debate, Ronald Reagan famously exclaimed to Jimmy Carter’s response on healthcare: “there you go again!” This response seems to resonate once again about unbridled, unregulated free market capitalism. This time it was Bernard Madoff’s [...]

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McCombs School of Business Dean Tom Gilligan (left above) hosted a lively discussion on the current economic crisis threatening America’s financial stability as well as the global economy. Just as Congress moved to pass a $700 billion taxpayer-funded rescue bill, finance faculty Laura Starks (center), Stephen Magee, Sheridan Titman, Jay Hartzell, Michael Brandl (foreground) and [...]

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By Eli Cox, Chair, Department of Marketing
Ordinary Americans have a deepening mistrust of free-market capitalism as our nation has gone from Enron, WorldCom, Adelphia and Tyco to Bear Sterns, Freddie Mac, Fannie May and Lehman Brothers. Sadly, this mistrust is justified because too many corporate executives have adopted the creed of greed.

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