The U.S. and global economies are feeling the fallout of the credit crisis. How long will we be waiting for things to thaw? What is the recession outlook for the coming year? And how does the economic turmoil affect you and your personal financial decisions?
In this edition of Smith Business Close-Upwith the University of Maryland’s Robert H. Smith School of Business, Dr. Albert “Pete” Kyle discusses the outlook for an economy in turmoil.
Prof. Kyle is the co-author of the SEC’s recent 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. Kyle has strong thoughts on how the bailout bill should be implemented to be most effective. 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.
Smith Business Close-Up is co-produced by the Robert H. Smith School of Business and Maryland Public Television. The television segment focuses on the latest thinking in business management, and features in-depth interviews with Smith School faculty and other members of the school’s community of business leaders.
Where to watch
WMPB-TV (Ch. 67), Baltimore