The recent turn of events in the global financial markets are a cause for concern for students, faculty and staff alike at Baruch. In order to explain the roots of the turbulence and offer some insights into the future of the financial sector, Terrence Martell, Saxe Distinguished Professor of Finance and director of the Weissman Center for International Business, and Dean John Elliott of the Zicklin School of Business have recorded a special edition of the Baruch Business Report podcast. The topics discussed in this episode include the implementation of the United States Treasury’s controversial Troubled Assets Relief Program (TARP), the effects of the program on retail and institutional banking, and a discussion of how these developments will affect executive compensation in the future.
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