{"id":675,"date":"2008-10-24T08:52:12","date_gmt":"2008-10-24T14:52:12","guid":{"rendered":"http:\/\/homepages.baylor.edu\/baylorproud\/2008\/10\/24\/professors-lead-campus-discussion-of-wall-street-woes\/"},"modified":"2008-10-24T08:52:12","modified_gmt":"2008-10-24T14:52:12","slug":"professors-lead-campus-discussion-of-wall-street-woes","status":"publish","type":"post","link":"https:\/\/www2.baylor.edu\/baylorproud\/2008\/10\/professors-lead-campus-discussion-of-wall-street-woes\/","title":{"rendered":"Professors lead campus discussion of Wall Street woes"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www2.baylor.edu\/wp-content\/uploads\/2008\/10\/stockmarket-oct08.jpg\" alt=\"Wall Street troubles\" align=\"right\" \/>Earlier this month, amidst the beginnings of the stock market&#8217;s most recent roller coaster ride and shortly after the announcement of the bailout plan, Baylor students and faculty flocked to Kaiser Auditorium hear a panel of professors from the Hankamer School of Business address our nation&#8217;s growing financial crisis.<\/p>\n<p>In front of a completely packed house (I was early and still had to sit on the stairs), Baylor&#8217;s own experts in the fields of economics, finance, accounting and insurance spoke to different aspects of the crisis in layman&#8217;s terms, explaining how we arrived in the current situation, what is being done to address the issues, and what to expect in the short and long-term. The panel touched on a host of topics, including bailouts, investing, retirement, mortgages and healthcare, along with fielding a few tough questions from the audience.<\/p>\n<p>In an entertaining and accessible presentation, panelists used metaphors ranging from Dostoevsky\u2019s novel <em>The Brothers Karamazov<\/em> to breakfast sausage maven Jimmy Dean. Economics professor Dr. Kent Gilbreath compared the crisis to \u201cgetting hit upside the head with a wet squirrel; it gets your attention,\u201d in describing our culture\u2019s need to stop living beyond our means and return to the value of saving.<\/p>\n<p>As the stock market continues to yo-yo (already down 400 points this morning as I write this), if you&#8217;re interested in learning more about what&#8217;s going on (as were the hundreds in attendance here), you can <a href=\"http:\/\/finance.baylor.edu\/financialcrisis\/\" title=\"here\" target=\"_blank\">view streaming video of the discussion and downloadable slides from all five presentations here<\/a>.<\/p>\n<p>As I soaked in the presentations, it struck me how fortunate Baylor is to have so many savvy professors all across campus guiding our young people. To all those in Baylor&#8217;s intellectual community, thank you for working so hard to give our students the best education possible.<\/p>\n<p>Sic \u2019em, professors!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earlier this month, amidst the beginnings of the stock market&#8217;s most recent roller coaster ride and shortly after the announcement of the bailout plan, Baylor students and faculty flocked to Kaiser Auditorium hear a panel of professors from the Hankamer School of Business address our nation&#8217;s growing financial crisis. In front of a completely packed [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,14],"tags":[],"class_list":["post-675","post","type-post","status-publish","format-standard","hentry","category-academics","category-research","category-student-life"],"_links":{"self":[{"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/posts\/675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/comments?post=675"}],"version-history":[{"count":0,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/posts\/675\/revisions"}],"wp:attachment":[{"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/media?parent=675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/categories?post=675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/tags?post=675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}