In September 2008, the United States experienced a substantial credit crisis on Wall Street leading to the bankruptcy of large and well established investment banks. Having a severe impact on the economy and consumers in both the United States and globally, congress passed a historic $700 billion rescue plan. Finance professor
Sandeep Dahiya discusses the causes and consequences of the financial crisis on Wall Street, how the market is being affected, and how the $700 billion rescue plan is designed to stabilize the economy.
Sandeep Dahiya specializes in Corporate Finance, Corporate Restructuring/Bankruptcy, Banking and Financial Institutions. His current research focuses on benefits of establishing strong lending relationships for banks and their corporate borrowers. Other research interests include International Finance especially cross-listing of foreign firm on US stock exchanges.
