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ADDRESSING THE FINANCIAL CRISIS: MIT Sloan's renowned finance experts are providing valuable insights and direction in this time of economic turmoil. More >>

SPOTLIGHT:

Jiang Wang

Are Bailouts the Best Solution?

During the current upheaval in the credit market, a big question is whether the government should bail out financial institutions and, if so, what is the best way to do that. We've seen everything from central banks resorting to the relaxation of lending conditions by cutting rates and broadening the collateral accepted, to the U.S. Treasury coordinating market participants to collectively supply pools of liquidity. However, Prof. Jiang Wang found that government bailouts — interventions to directly inject liquidity into the market — are not necessarily such a good thing and can actually decrease market efficiency. More »

Simon Johnson

A “Deep Dive” into the Global Finance Crisis

Professor Simon Johnson, formerly chief economist for the International Monetary Fund, is leading a web-based conversation about the current global financial crisis through his website, The Baseline Scenario. He aims to broaden the debate and illuminate options as the situation unfolds. In addition, he will be offering a (non-credit) special weekly series on the global crisis which will kick off during the Sloan Innovation Period. More press coverage »

A Special Note to Our Alumni Community from Dean Schmittlein

The recent events on Wall Street and in financial markets worldwide have caused concern for us all, especially as we consider the members of our alumni and student communities who may be impacted by recent bankruptcy and merger announcements and by reverberations in other firms and other industries in the months ahead. More »

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