Wall Street's Day of Reckoning

Articles

Trade Wars: Will Protectionism Win out over Recovery?

The $787 billion stimulus plan that U.S. President Barack Obama signed on February 17 contained a provision that was hardly unexpected but nevertheless worrisome to proponents of global free trade. It was a requirement that projects funded by the bill buy American-made goods whenever possible. When governments around the world spend vast sums to stimulate their economies, it seems only reasonable for each to invest at home. After all -- or so the argument goes -- why should American taxpayers pay for steel from Canada when U.S. steelmakers are struggling?
Published: 2/18/2009

Has the Time Come to Nationalize Struggling Banks? Yes, but Carefully

After a generation of increasingly relaxed regulation of the financial services sector, the very concept seems stunning: Nationalization of banks in Europe and the United States. But with many global banks still teetering on the brink of insolvency -- even after rescue efforts that have included multi-billion dollar infusions of capital and other forms of assistance -- a growing number of economists now argues that government takeovers of the most deeply troubled institutions, at least temporarily, may be the only remaining solution.
Published: 2/18/2009

The Shopper of Tomorrow: Trading Down

Attention Shoppers: We no longer have the following items -- "a sense of entitlement," "conspicuous consumption" and "a golden period of luxury." At least that is the word from Wharton faculty and other experts who point to a new logic that is defining not just what U.S. consumers buy, but how they view the shopping experience.
Published: 2/18/2009

Outrage over Outsized Executive Compensation: Who Should Fix It and How?
Published: 2/4/2009

Half-a-Million Job Cuts: Is There a Strategy Behind the Layoffs?
Published: 2/4/2009

Economists to Obama: Get the Government out of the Banking Business
Published: 1/21/2009

Lesson One: What Really Lies Behind the Financial Crisis?
Published: 1/21/2009

Global Economic Forecast for 2009: Will Demand for Good News Outpace Supply?
Published: 1/7/2009

On the Job Training: Can Obama's Huge Infrastructure Program Really Work?
Published: 1/7/2009

Jeremy Siegel's Advice to Banks: Lend That Money Now (Podcast)
Published: 11/26/2008

When the Going Gets Tough, the Tough Don't Skimp on Their Ad Budgets
Published: 11/26/2008

As Layoffs Spread, Innovative Alternatives May Soften the Blow
Published: 11/26/2008

View from Mexico: A 'Longer and More Complicated Recession' Lies Ahead for the U.S.
Published: 11/26/2008

In the Global Crisis, Coke CEO Muhtar Kent Sees Headwinds -- and Tailwinds
Published: 11/26/2008

Panel Discussion


The inaugural David and Lyn Silfen University Forum, organized by Penn president Amy Gutmann titled, "After the Fall: A World Transformed?"

Podcasts

Feeling the Pain: How the Financial Crisis Is Affecting Brazil, Russia, India and China
They have heard about the word "bankruptcy," but have never seen a bank really fail. Published: 10/29/2008
Click to Listen
19:37
Inside the Subprime Crisis -- A Special Report from Knowledge@Wharton

More Wharton Coverage

Wharton Professors: More Trouble Ahead
Watch video presentations of Wharton Professors Jeremy Siegel, Richard Marston, Richard Herring and Kent Smetters, speaking at the fourth teach-in on the global financial crisis.