News Release: Finance and Economics, Law

Sep. 30,  2008

The Failed Bailout Bill: Emory Experts Address What's Next

The following Emory experts are available to discuss the latest ramifications of the bailout bill defeated yesterday by the U.S. House of Representatives.

Frank Alexander - Housing expert and law professor Frank Alexander can comment on the effect that yesterday's defeated bailout bill would have had on the mortgage crisis and residential real estate market. Alexander has had a significant role in advising Congress and state governments on the issues related to vacant and abandoned properties resulting from foreclosures. 404-727-6982, falexander@law.emory.edu

More from Frank Alexander: Emory's Alexander Asked to Weigh in on Defeated Bailout Bill

Hashem Dezhbakhsh – Economist Dezhbakhsh (pronounced DEZ-bosh) has been following the legislation and can comment on the bill's effect on financial markets and volatility, and the parallels of the current situation with the savings and loan bailout of the 1990s. 404-727-4679, econhd@emory.edu

More from Hashem Dezhbakhsh: Bailout Mess Echoes S&L Crisis of the 1990s

Essie Maasoumi, Robert H. and Nancy Dedman Distinguished Professor of Economics, attributes the bailout mess to the "lack of independence of the Fed, letting immediate interests dominate the outcome, no matter what the long-term consequences.” Maasoumi's specialties include economic forecasts and policy, welfare economics, international political economy, labor issues, Middle East economics, financial economics and econometrics. He is the editor of the journal Econometric Reviews. 404-727-9817, emaasou@emory.edu

Tom Smith - Finance expert and economist Smith, an assistant professor who teaches the practice of finance at the Goizueta Business School, has kept a close eye on the markets and bailout developments, and says the economy is likely to get worse before it gets better, but urges consumers not to panic. Smith received his doctorate in labor and demography/cultural economics and policy from the University of Illinois at Chicago. 404-727-3605, tom.smith@emory.edu   

More from Tom Smith: Rough Economy to Stick Around, With or Without Bailout

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