Faculty News
Professor Edward Altman highlights corporate debt as a risk factor for the next economic recession
—
Excerpt from Yahoo Finance -- "'The liquidity faucet gets turned off pretty quickly in a recession,' says finance professor Edward Altman of New York University’s Stern School of Business, an expert on corporate bankruptcy. 'The default rate is going to go up, and go up a lot. It could get very ugly.'"
Read more
Read more