College of Business hosts presentation on state of the economy

The Joseph A. Butt, S.J., College of Business held a presentation on the state of the national economy in September on the campus of Loyola University New Orleans.

Professors William Barnett, Ph.D., the Chase Distinguished Professor of International Business, and Ron Christner, Ph.D., associate professor of finance, discussed the origins of the current crisis and the effects the government’s intervention might have on the economy.

More than 300 people attended the presentation. 

“The professors and I executed this event quickly as we felt the need to educate our community about the severity of the situation and its effect on individuals,” said College of Business Dean William B. Locander, Ph.D. “This presentation was true to our mission of serving local and intellectual communities and motivating our students to think critically about current issues.” 

In their nearly two hour presentation, Barnett and Christner covered the timing and political implications of the proposed bailout; the effect of the current crisis on those near retirement; the tightening of credit and lending regulations; the precedence in the U.S. and abroad of such government intervention; and the possibility of a similar crisis happening in the future.

To view the presentation, click Loyola State of the Economy.