Protesters may not have changed the financial sector, but they have influenced the political discourse, according to finance professor Jeffrey Born.
Last week, President Obama announced a series of regulatory changes aimed at easing the burden of student loans for recent college graduates who may not be making enough money to repay their debts. Professor Jeffrey Born, a finance expert in the College of Business Administration, says while the changes may not help many recent graduates, they could help students who are preparing to graduate — especially those with degrees that may not net them high-paying jobs.
Last week, the stock market suffered its worst stretch since 2008, while Standard & Poor’s downgraded the government’s credit rating for the first time in history. We asked finance expert Jeffrey Born, a professor in the College of Business Administration, to weigh in on the S&P downgrade, the impact of fiscal turmoil in Europe on the American economy and the risk of a double-dip recession — all factors weighing down investor sentiment when it comes to the world’s major economies.
A bailout by neighboring emirate Abu Dhabi has apparently stabilized Dubai’s financial crisis. But the longer-term economic impact—on Dubai and other nations—could grow more serious. Professor of Finance and Insurance […]
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International Research Journal of Applied Finance, II(9), 992-1013.
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