First, there’s the obvious reason: It’s the sheer scale. The total value of the US residential market hovers around $20 trillion. There simply isn’t anything close to it (add up all the cars in the US—maybe 250 million—and give each an average value of $10,000 (8+ years median age), and you only get about $2.5 … Continued
Read about: What Happened to the U.S. Housing Market? As the U.S. financial system struggles to regain stability, Peggy Crawford, PhD, and Terri Young, PhD, examine the role that subprime mortgages and the fall of Fannie and Freddie played in the crisis. Peggy Crawford, PhD, and Terri Young, PhD U.S. Could Adopt International Financial Reporting … Continued
Once more in my lifetime we are going through an upheaval. This time it is the financial markets and economic condition. There is a great deal of pain and many of our students and communities are fearful and suffering. I would like to share with you an experience of the past and request your reply. … Continued
Listeners from across the country submitted questions to Graziadio School faculty during the conference call on America’s Financial Crisis this Tuesday. With over 200 participants on the call, there were too many questions for the panel to answer in the short time. Below are responses from panelist, Dr. Joetta Forsyth, Assistant Professor of Finance, to … Continued
The recently approved bailout is yet another attempt to prop up the markets with an election around that corner that will only delay and worsen the inevitable pain ahead… There is definitely a lack of trust and confidence in the markets, but it is due to the blatant lies and unethical representations. How many … Continued