Knowledge@WhartonKnowledge@Wharton is an online resource that offers the latest business insights, information, and research from a variety of sources. Content includes analysis of current business trends, interviews with industry leaders and faculty, articles based on the most recent business research, book reviews, conference and seminar reports, and links to other websites.Subprime Crisis: A Bouquet of Opportunity Masked a Reek of Risk- June 20, 2008 In this Special Report, KnowledgeWharton finds that the credit crisis was triggered when Wall Street alchemists, overeager borrowers and aggressive lenders let their eye for opportunity trump their nose for risk. New regulations might prevent a recurrence -- but so would diligent decision-making.http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1995 Subprime Crisis: Could New Rules Avert Another Credit Crisis Perhaps, but Be Wary- June 20, 2008 An unusual alignment of economic conditions -- and some very careless and risky bets -- triggered the meltdown. Should regulators step in to prevent a repeat Should the government rescue the wounded Experts say some new rules may be in order, but the details will be important. A concern: Bailouts may encourage risky behavior.http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1985 Subprime Crisis: Did Bernanke Go Too Far, or Did He Not Go Far Enough- June 20, 2008 To restart the economy, the Federal Reserve created new channels of lending, cut target rates. The prompt and aggressive action was spurred by Chairman Ben Bernanke's research on the Great Depression. How will history judge his strategyhttp://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1986 Credit Crisis Interview: Jeremy Siegel on Ignoring Risks- June 20, 2008 The subprime crisis "was a wreck that could have been predicted," Wharton finance professor Jeremy Siegel says in this interview. Siegel is one of seven Wharton professors interviewed by KnowledgeWharton for this special report on the credit crisis.http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1994 Credit Crisis Interview: Marshall Blume on the Evolving Marketplace- June 20, 2008 "There was a machine being developed which created just a fantastic amount of ... junk," says Wharton finance professor Marshall Blume. "At some point, that all had to explode." Blume is one of seven Wharton professors interviewed by KnowledgeWharton for this special report on the credit crisis.http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1989 Credit Crisis Interview: Richard Herring on Mortgage-backed Securities- June 20, 2008 The home price run-up that preceded the credit crisis "is the sort of thing that happens time and again, bubble after bubble," says Wharton finance professor Richard Herring. He is one of seven Wharton professors interviewed by KnowledgeWharton for this special report.http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1990 Credit Crisis Interview: Richard Marston on Risk- June 20, 2008 Wharton finance professor Richard Marston discusses the markets' perception of risk in this video interview. Marston is one of seven Wharton professors whom KnowledgeWharton spoke with for this special report on the credit crisis.http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1991 Credit Crisis Interview: Susan Wachter on Securitizations and Deregulation- June 20, 2008 The drive to securitize mortgages combined with deregulation were key triggers of the credit crisis, says Wharton finance professor Susan Wachter. She is one of seven Wharton professors interviewed by KnowledgeWharton for this special report on the credit crisis.http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1993 Credit Crisis Interview: Todd Sinai on Home Values- June 20, 2008 Don't think of your house as an investment comparable to savings or a stock portfolio, says Wharton finance professor Todd Sinai. He is one of seven Wharton professors interviewed by KnowledgeWharton for this special report on the credit crisis.http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1992 |