January 2009

Bill and Vieve Gore School of Business eNewsletter
Volume 2 Issue 1: January 2009 
 

Staring into the Abyss: The Current Economic Crisis  

By Dr. John Watkins

It is difficult to imagine another depression. The specter of bank runs, bread lines, and mass unemployment belongs to another age. Yet, recent events warrant concern: the failure of Bear Sterns, Lehman Brothers, and Washington Mutual; the nationalization of Freddie Mac and Fannie Mae; the bailout of AIG and the sale of Wachovia; the 700 billion-dollar proposal to bail out the financial sector; an eight-trillion dollar decline in stock values; the collapse in the real-estate market; General Motors on the verge of collapse.

What happened? Click here to read more.  

The final results are in & Westminster WINS!

After a year-long, head-to-head battle against 20 schools, a select group of Westminster finance students have claimed the top spot in the D.A. Davidson Student Investment Competition for the 2007-08 academic year. The competition officially concluded on August 31, 2008. Click here to read more.  

International Business and Micro-Finance Go Abroad 
 

Westminster College International Business majors will go abroad in 2009 to launch micro-finance programs.
Click here to read more.

Where's Waldo's Loan? 

By Rob Patterson

My story is about Waldo’s loan.

Waldo felt if he didn’t buy his first home soon he’d lose the chance because of rising home prices in his area. Waldo was concerned about getting a loan due to his poor credit score and lack of sizable personal assets. But if he could get a loan, he figured home prices would continue to increase, and he would be able to eventually pay it off. Click here to read more.   

Chase Bank and Gore School of Business Team Up

Westminster’s Center for Financial Analysis has teamed up with Chase Bank to host approximately 400 students from West High School in Salt Lake City. Click here to read more.