WorldCom Settlement
As the WorldCom story heated up again - this time the focus was on the settlement and other power plays going on at the troubled telecom company - James Owers, professor of finance, provided his expert analysis to several media outlets. Owers quotes were picked in Reuters News Service, the
Los Angeles Times, CFO.com, ABCnews.com, the Newark Star Ledger (NJ), the Associated Press, the Austin American Statesman, the San Diego Union Tribune,
the Baltimore Sun and the
Seattle Times.
Bush's Stimulus Package
The announcement of the Bush economic stimulus package fueled the need for Robinson's expert on the economy to come forward and offer his opinion. Rajeev Dhawan, director of the Economic Forecasting Center, spoke with reporters at Reuters News Service, the Christian Science Monitor, NY Newsday, The Washington Times, The Atlanta Journal-Constitution (four times), The Sun-Sentinel (FL) and TheStreet.com.
CEO Compensation
On the heels of corporate scandals, the question of CEO compensation has come to the forefront. In an interview for CNBC-TV, James Owers said, "What we have the danger of at the present time is the level of disgust on the part of individual investors being so great that,
in combination with the restatement of earnings and a few outright rascals floating around the scene, we are having a dramatic reduction in the confidence of the institutional integrity of U.S. financial markets."
Ethics in Business
Ellwood Oakley, associate professor in the Risk Management and Insurance Department, was quoted in the Wall Street Journal about the ethical issues surrounding the CEO of MGC Investments, who lied about receiving a bachelor's degree. Oakley was also tapped by the Associated Press for his expertise on the resignation of Veritas Software Corp. CEO Kenneth Lonchar after it was revealed that he lied about receiving an MBA at Stanford University. According to Oakley, "a lot of companies are going to be sending out internal e-mails during the next few days asking for executives to reinspect their resumes for accuracy."
New Global MBA
The College's new Global Partners MBA program
caught the attention of the Financial Times.
9/11 fund
Perry Binder, associate professor of legal studies, was quoted in the New York Times in an article about a lawsuit filed by the families of seven victims who worked at Cantor Fitzgerald, a business located in the World Trade Center. The lawsuit accuses the administrator of the 9/11 fund of acting illegally and unfairly, thereby shortchanging the families of all New York victims. Binder (RMI) said, "While the lawsuit may be technically correct, the courts may decide that Mr. Feinberg (the administrator) has not been unreasonable or unfair."
Free Trade Area of the Americas
David Bruce, professor of international business and Robinson's resident expert on Latin America, offered his opinion on the recent free trade summit in Quito, Ecuador. His opinion piece was featured in The Atlanta Journal-Constitution.