Experts Explain the Financial Crisis

Photo: Roy Groething

James B. McHugh responds to a question at the financial forum.

Addressing an audience of more than 200 faculty and students, four financial industry experts shared their knowledge and answered questions about the financial crisis at a forum held in University Hall in October. With backgrounds in areas such as banking, real estate, investment management, insurance, and financial planning, the speakers presented an in-depth and well-rounded overview of the situation as well as valuable insights into the financial industry.

Speakers William Turner, interim dean of Montclair State’s School of Business, Andrew Zezas, president and chief executive officer of Real Estate Strategies Corporation, James B. McHugh, senior vice president of INTECH Investment Management, and Mary Deatherage, director of Smith Barney, discussed their views of the causes of the crisis and their thoughts on what will happen next.

“Don’t get discouraged by what’s going on right now,” advised Deatherage in response to student concerns about being able to find work after graduation. “Really what you can look at is the fact that there are plenty of employers who are looking for entry-level workers.”

The event was organized by students of the Financial Management and Economics Society in association with Epsilon Delta Epsilon, the Management Club, the International Business Society, and the Accounting Society.