Turmoil on Wall Street Is Affecting Main Street

Turmoil on Wall Street Is Affecting Main Street

“The depth of the crisis hasn’t been hit yet if a new study by several prominent economists is correct concluding that unless financial markets can quickly recapitalize, banks are likely to cut back their lending to consumers and businesses by nearly $1 trillion,” Reuters reported.

Luigi Zingales Named “Monster Economist”

Luigi Zingales Named “Monster Economist”

Italy’s most famous newspaper and one if its oldest, Corriere della Sera, profiled Luigi Zingales, Robert C. McCormack Professor of Entrepreneurship and Finance, and four other economists as potential winners of Nobel prizes. The newspaper called out the five as the “most brilliant brains behind globalization.”
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View a video of Zingales discussing his research into corporate fraud and whistle blowing.