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MEDIA ALERT: September 29, 2008
For business, economic and financial editors and producers.
Contact: Carrie Handwerker,
301-405-5833
UMD FACULTY EXPERTS AVAILABLE FOR COMMENT ON ECONOMIC
TURMOIL, FEDERAL BAILOUT PLAN
Faculty at the University of Maryland’s Robert H. Smith School of Business
are available to comment on the beleaguered state of the U.S. banking system
including the $700 billion federal bailout plan that failed to pass in the U.S.
House of Representatives today and the implications of further industry
consolidation. The Smith School has an in-house ReadyCam broadcast facility for
live or taped interviews via fiber-optic line for television or multimedia
content.
Smith School experts available for comment:
Haluk Unal, finance professor
E-mail: hunal@rhsmith.umd.edu;
Office Phone: 301-405-2256
Unal, a senior fellow at the Wharton Financial Institutions Center, is an
expert in corporate finance, the management of financial institutions and
fixed-income securities. He has consulted for the FDIC, World Bank, and the
Department of Justice, and is the managing editor of the Journal of Financial
Services Research.
Albert “Pete” Kyle, finance professor
E-mail: akyle@rhsmith.umd.edu;
Office Phone: 301-405-9684; Mobile Phone:
919-225-9696
Kyle is the co-author of the SEC’s investigation and audit of its actions
leading to Bear Stearns collapse, “SEC’s Oversight of Bear Stearns and Related
Entities: Broker-Dealer Risk Assessment Program,” published on Sept. 25, 2008,
He is a Fellow of the Econometric Society and a board member of the American
Finance Association. Kyle served as a staff member of the Presidential Task
Force on Market Mechanisms (Brady Commission) after the stock market crash of
1987 and is a currently a member of NASDAQ’s economic advisory board. The SEC
report is available online:
http://www.sec.gov/about/oig/oigauditlist.htm.
Elinda Kiss, Tyser Teaching Fellow of finance
E-mail: ekiss@rhsmith.umd.edu;
Office Phone: 301-405-7538; Mobile Phone:
215-962-9071
Kiss is a banking regulation expert with banking experience and experience
working for the Resolution Trust Corp., the temporary government agency formed
to clean up the Savings and Loan problems in the late 1980s-early 1990s.
Lemma Senbet, finance
professor
E-mail: lsenbet@rhsmith.umd.edu
Senbet is a foremost expert on the issue of executive compensation and
financial crises. He is a member of the Financial Economists Roundtable and he
has advised the World Bank, the IMF, the United Nations, and other institutions
on issues of financial sector reforms and capital market development.
N.R. Prabhala, associate finance professor
E-mail: nprabhal@rhsmith.umd.edu;
Office Phone: 301-405-2165
Prabhala is an expert on corporate finance and option markets. Prabhala has
written on a range of topics in corporate finance, including econometric
techniques and signaling models in event-studies, executive compensation, and
IPOs.
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