“Wall Street Meltdown: A Look at What Happened Last Week and What To Expect Next” will be the subject of a four-way panel talk with finance specialists from NJIT’s School of Management. The discussion, set for Oct. 20, 2008, from 3-4:30 p.m., in the Campus Center Atrium, will focus on macroeconomics, hedge funds, credit default swaps, savings and retirement strategies and more. >>

Michael Ehrlich, a finance professor in the School of Management at NJIT, isn’t concerned about the current crisis in sub-prime mortgages. The former Wall Street managing director, who has had first-hand experience with stock market roller coasters, predicts that the Federal Reserve will respond to the crisis by injecting liquidity. >>

North Jersey residents were given an opportunity to provide input on achieving property tax reform through changes to the state’s public school funding laws at a special joint legislative committee hearing today in the Campus Center Atrium at NJIT. Residents  directly addressed the Joint Legislative Committee on Public School Funding Reform, one of four panels the Legislature created for its special session on property tax reform. The panel has until Nov. 15 to craft reforms to the public school aid program that could maximize taxpayer relief by providing assistance based on student needs rather than geographic location, among other changes >>