“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. >>

NJIT Finance Professor Michael Ehrlich warns the Federal Reserve to leap ahead of the curve.  Ehrlich, a market failure expert, sees the serious devaluation of Fannie Mae and Freddie Mac preferred stock—held widely by many US banks—as a serious bail-out consequence.  >>

The Federal Reserve may have caused Bear Stearns to fail, said NJIT School of Management professor Michael Ehrlich.  >>

The fat lady isn’t singing yet, believes finance professor Michael Ehrlich at NJIT’s School of Management.  Based on academic research and Ehrlich’s experience working at Bear Stearns and Salomon Brothers, he predicts more financial distress and a new crisis in the municipal bond market.  >>