A panel of three highly regarded financial experts visited Lehigh University to discuss distressed securities and the changing economic environment. Among the issues they addressed were the Obama Administration's proposed financial policies and its economic bailout plans, employment prospects for graduating seniors, and the need to change the corporate culture on Wall Street into one of responsibility.

	Paul Brown, dean of Lehigh's College of Business and Economics, introduces the panelists. "These are painful times, but these are also historic times," he says, explaining that Lehigh is committed to fostering thought-provoking discussion about the economic downturn within the community. View the video >
	Allan Brown, Stephen Cooper and Brad Scheler '74 walk through the worsening economic environment and its impact on distressed securities. The three panelists also discuss the differences (and similarities) of the current economic cycle with previous cycles. View the video >
	The panel talks about the economic bailout plan and the current debate on financial policy—and how the economic environment will continue to weaken for the foreseeable future. The three agree that changes are needed—culturally, politically, financially—before the economy can rebound. View the video >
	"Everyone feels as if they've been impaired," says Brad Scheler '74. "If we can start to reverse that, then everybody benefits." The panelists argue that America can be positioned for a "better future," but that it may takes 20 years before we see significant changes. View the video >
	"We need to get back to utilizing common sense in order to recalibrate the model outputs that we have," says Allan Brown. The panelists touch on technology and the cultural changes to business, among other topics, during this Q&A segment. View the video >

 

     

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