As the U.S. enters a period of financial uncertainty marked by falling stock prices and a credit crisis, many people have questions about what to expect in the months ahead. On Wednesday (Oct. 22), the University of Houston's C. T. Bauer College of Business will convene a panel of experts to shed light on the economic downturn.
"Bailout: What's Next," will feature a team of academic, banking, small business and personal finance experts in an educational event that is open to the public.
The panel discussion will take place at 6 p.m. at Bauer's Melcher Hall auditorium (Room 160). Among the topics to be discussed are a brief history of events leading up to the current situation, explanation of the federal government's bailout plan, projected outlooks for industry, small business and consumer concerns and advice for weathering the storm as events continue to progress.
Moderated by Latha Ramchand, associate dean of graduate and professional programs, the discussion will be followed by a question-and-answer session and will feature the following speakers:
- Stuart Turnbull, chair of business leadership and professor of finance at Bauer. Turnbull is one of the foremost derivative security pricing experts in the world and has authored more than 50 academic papers in the areas of financial economics, law and economics, and the general area of derivatives. He is an associate editor of the Journal of Mathematical Finance, International Journal of Theoretical and Applied Finance, and the Journal of Derivatives
- Craig Pirrong, professor of finance and director of the Global Energy Management Institute at Bauer. Pirrong, the sole academic member of the U.S. Commodities Futures Trading Commission Energy Markets Advisory Committee, is an energy markets expert who is widely consulted by top media in the U.S. and abroad.
- Shannon Buggs, financial columnist for the Houston Chronicle. Buggs explores ways to make, save and spend money wisely in the "Assets & Values" column that appears in the Chronicle Business section on a weekly basis. She also answers readers' money management questions and reports on business trends in philanthropy and the nonprofit sector.
- Richard "Rick" Morales, senior vice president of Woodway Financial Advisors. Morales has an extensive technical, practical and academic investment background and is the author of The Woodway Report, a quarterly economic and capitol market outlook.
- Arthur D. Warga, dean and Judge James A. Elkins Endowed Chair of Finance and Banking at Bauer. Warga is the founder and director of the Fixed Income Research Program, which provides research databases on bond pricing to major universities around the world, as well as to the Board of Governors of the Federal Reserve System and regional banks.
- Jeff Ehling, consumer reporter for ABC 13-KTRK. Ehling has reported on everything from medicare to Internet sales and insurance issues for the local ABC affiliate.
The public is invited to attend. For general information, call 713-473-4701. Media interested in covering the event should call 713-743-4348.
About the University of Houston
The University of Houston, Texas' premier metropolitan research and teaching institution is home to more than 40 research centers and institutes and sponsors more than 300 partnerships with corporate, civic and governmental entities. UH, the most diverse research university in the country, stands at the forefront of education, research and service with more than 35,000 students.
About the C. T. Bauer College of Business
The C. T. Bauer College of Business has been in operation for more than 60 years at the University of Houston main campus. Through its five academic departments, the college offers a full-range of undergraduate, masters and doctoral degrees in business. The Bauer College is fully accredited by the AACSB International - the Association to Advance Collegiate Schools of Business. In August 2000, Houston business leader and philanthropist Charles T. (Ted) Bauer endowed the College of Business with a $40 million gift. In recognition of his generosity, the college was renamed the C. T. Bauer College of Business.