The Cornell Daily Sun (https://cornellsun.com/tag/market/)
On Wednesday, Anabel’s Grocery reopened after closing for the Spring 2019 semester. The grocery now has a membership system, bulk food options and offers mainly plant based foods.
Collegetown housing has students signing leases almost 16 months before residence. With the number of large houses decreasing, demand has increased, causing students to compete for the few available properties and sign their leases earlier, even for houses not in the best condition.
Students listen as a panel of Johnson School of Management faculty members discuss the current credit crisis at Sage Hall yesterday. The panel attracted 250 attendees.
“Expediency is not a good guide for policy, and that is where we are right now,” said Prof. Maureen O’Hara, the Robert W. Purcell Professor of Management in the Johnson School of Management.
As Congress continues to debate Bush’s proposed $700 billion economic recovery plan, last night a panel of professors from the Johnson School analyzed the causes of the financial crisis and offered solutions for the future. Over 250 people attended the discussion.
Moderated by Prof. Doug Stayman, marketing, and the associate dean for curriculum at the Johnson School, the Market Crisis Panel addressed the tumultuous events in the finance world that have happened over the past days.
If you have watched television, read a newspaper or applied for a finance job, you know that the world is about to end. The cover of the Wall Street Journal might as well have read “Apocalypse Near.” Well, the situation is not all that dire (unless, of course, you had a job offer from Lehman Brothers), but certainly something needs to be done. While it may be too late, the administration’s recent plan to purchase mortgage-related securities is a necessary step in calming financial markets.