Why Banks Remain Too Big to Fail
SMITH BRAIN TRUST — Told big bank failure would trigger a flood of bankruptcies and economic calamity, U.S. taxpayers collectively paid billions of dollars to bail out large institutions from the 2008 financial crisis.
The Real Pokémon Game Is Already Over
SMITH BRAIN TRUST — Starting July 6, the clock tower outside Van Munching Hall transformed into a Pokémon Go landmark — great news for Smith School players who have downloaded the gaming app that lets them use their phones to find magical creatures in the real world.
Brexit Countdown: Faculty Perspectives
SMITH BRAIN TRUST — “Divorces are tough,” says economist Peter Morici at the University of Maryland’s Robert H.
‘Sharks’ Losing Ground to ‘Prey’ in Markets
SMITH BRAIN TRUST — Since the global financial crisis, “active” fund managers — stock pickers looking to beat the market — have lost ground to their “passive“ counterparts, as investors “shun stock pickers amid concerns over bad performance and high fees,” the Financia
Scholars and Industry Leaders Honor Albert 'Pete' Kyle
Leading academics, bankers and regulators gathered at the Robert H.
The Negative-Interest Rate Experiment: Mixed Results
SMITH BRAIN TRUST — Central bankers in Japan and the Europe Union are at their wits' end in trying to figure how to generate demand and stave off deflation. Both banks have dropped interest rates into negative territory, encouraging spending by making saving literally costly. Yet the publics of the two economic regions have reacted differently. Each is unhappy for a different reason.
The Stock Market Causes Herd Behavior — Among Managers
SMITH BRAIN TRUST — Does the stock market encourage corporate conformity? Yes, according to new research from the Robert H.
Will Britain Say Farewell to the E.U.?
SMITH BRAIN TRUST — The debate over whether Great Britain should exit the E.U. — to "Brexit" or not to "Brexit"? — is rippling outward from Europe into the world's major financial markets. The G20 nations, who met in Shanghai last weekend, warned of a "shock" to the world economy if Britain goes its own way.
Living Through 'The Big Short'
SMITH BRAIN TRUST — Clifford Rossi, executive-in-residence and professor of the practice at the Robert H. Smith School of Business, had a front-row seat at the 2008 financial crisis, the subject of the film "The Big Short," which has been nominated for Best Picture in the 2016 Oscars.
Why Is Apple Sitting on $187 Billion?
SMITH BRAIN TRUST — U.S corporations are sitting on some $3 trillion in cash, which some commentators view as