Management Prof Receives National Award

College of Saint Benedict and Saint John’s University associate professor of management Paul Marsnik was honored recently in Austin, Texas, as a winner of the Acton Foundation’s national award for Excellence in Entrepreneurship Education. The awards, for which students submit nominations, recognize outstanding teachers who inspire students to become principled entrepreneurs.

The Real "Dogs of the Dow?"

There is no sure thing in the stock market, but the Dow Jones Industrial Average has long been used as a bellweather index for investors. Even so, research by Pomona College professor Gary Smith shows that stocks dropped from the Dow average since 1928 have actually outperformed the stocks that replaced them. Smith says this bucks conventional wisdom by showing "out-of-favor stocks" generally outperform whatever happens to be popular at the moment.

News Sources: Yahoo! Takeover Attempt

Software titan Microsoft’s bold $44.6 billion bid to acquire Internet media company Yahoo Inc on Friday may shake up the industry like no deal has done in a long time. Reporters looking for experts to interview on this topic can find them online at the collegenews.org database of news soures and subject matter experts from America's leading liberal arts colleges, including the following (click on names for contact information):

Alva W. Butcher - Associate Professor of Business Leadership, University of Puget Sound - Butcher specializes in corporate finance and specifically in share repurchase and Internet stock offerings.

David Newton - Professor of Entrepreneurial Finance, Westmont College - Newton is an expert on corporate finance and investments, and innovation strategy/change management/intellectual capital. He has written numerous books, including How to Be an Internet-Stock Investor.

L. Stephen Bowers - Professor of Business and Economics, Ursinus College - Bowers spent 20 years in executive leadership, 16 as CEO of a manufacturing and technology company serving a worldwide market. His turnaround consulting firm helped businesses regain growth and profitability, with impressive results. He serves on the boards of several manufacturing and tech firms, and maintains a consulting practice concentrating on the turnaround of troubled manufacturing companies.

A Million-Dollar Opportunity

Illinois Wesleyan University's class in Portfolio Management challenges students to research and evaluate an investment portfolio. But unlike other college portfolio classes, the stocks these IWU students manage are real - a portfolio provided by two alumni that is now worth more than $1 million.

Accounting Rules a Prime Source of Sub-Prime Woes

There's a key element missing in the media coverage of the sub-prime mortgage crisis, says John D. Rossi, III, associate professor of accounting at Moravian College. He says special accounting rules known as QSPE's - "the result of a good lobbying job on the part of the lending industry"- allowed lenders to hide from responsibility and accountability.

News Sources: Market Crunch Claims American Home Mortgage

American Home Mortgage Investment Corp. has filed for Chapter 11 bankruptcy protection after a tumultuous week in the debt markets brought a once-thriving business to its knees. The move shows how worries about loan defaults fueled by slumping housing prices have spread beyond subprime lenders to companies widely considered to make higher-quality loans. Reporters looking for sources to interview on this situation can find them online at the collegenews.org database for news sources and subject matter experts from America's leading liberal arts colleges, including the following (click on names for contact information):

Karl "Chip" Case - Professor of Economics, Wellesley College - Case is a nationally recognized expert on real estate markets and prices. He has authored several studies that attempt to isolate the causes and consequences of boom and bust cycles and their relationship to regional economic performance.

Charles R. Geisst - Professor of Economics and Finance, Manhattan College - Geisst has 10 years investment banking experience and is the author of 10 books, including Wall Street: A History. His trade articles and interviews have appeared in the International Herald, Wall Street Journal, and Investors Chronicle.

Paul Cleveland - Associate Professor of Economics, Birmingham-Southern College - Cleveland can comment on free enterprise, morality and the free market, the role of government in society, and financial economics.