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Washington University in St. Louis News & Information >
Business, Law & Economics November Tip Sheet
Nov. 2,
2009 --
Tip sheets highlight timely news and events at Washington
University in St. Louis. For more information on any of the
stories below or for assistance in arranging interviews,
please see the contact information listed with each story.
Beyond the financial crisis
Citi CEO Vikram Pandit offers career advice to Olin MBAs
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Nov. 13,
2009 -- What happens when the CEO of one of the largest financial institutions in the world sits down to talk with MBA students? Olin Business School students had a long list of questions for Citi CEO Vikram Pandit when he visited recently. The discussion ranged from the financial crisis to reform, compensation to career choices. Pandit offered candid advice to the students with concerns about unemployment numbers and the loss of jobs on Wall Street.
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Cruise control
Expert advises automakers to take it slow on road to recovery
| Nov. 13,
2009 -- GM releases its first quarterly results post-bankruptcy on Nov. 16. U.S. auto sales in October equaled an annualized rate of 10 million vehicles. That's a steep drop from the 17 million cars sold each year from 1991-2007. Not even a robust recovery from the recession is expected to boost sales near previous highs. Bailouts, bankruptcies and cash for clunkers have helped keep the industry afloat this year. Yet, the reality of too many factories and workers remains as demand continues to dip. Supply chain expert Panos Kouvelis says auto makers need to keep the brakes on production and proceed with caution. Video available.
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Holiday cheer or holiday hunger?
Nearly half of all U.S. children will use food stamps, says poverty expert
| Nov. 2,
2009 -- Holidays and tables full of delicious food usually go hand in hand, but for nearly half of the children in the United States, this is not guaranteed. "49 percent of all U.S. children will be in a household that uses food stamps at some point during their childhood," says Mark R. Rank, Ph.D., poverty expert at the George Warren Brown School of Social Work at Washington University in St. Louis. "Food stamp use is a clear sign of poverty and food insecurity, two of the most detrimental economic conditions affecting a child's health." Rank's study, "Estimating the Risk of Food Stamp Use and Impoverishment During Childhood," is published in the current issue of the Archives of Pediatrics & Adolescent Medicine. Video available.
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