NBC Connecticut– The only step left to ensure that Sikorsky remains in Connecticut through 2032 is approval from both the Connecticut General Assembly and the Teamsters Union, which represents thousands of the company’s employees.
Finance
PROMESA and Puerto Rico’s Pathways to Solvency
Harvard Law School Forum on Corporate Governance and Financial Regulation – Facing a self-declared “death spiral” of public debt, the Governor of Puerto Rico announced a debt moratorium earlier this year, halting payments to bondholders. A series of missed payments followed, including a landmark default on constitutionally guaranteed bonds in July. At the same time, Congress passed the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA or “promise” in Spanish), which combines a debt restructuring system with federal controls over the island’s finances. But enacting PROMESA is only a first step. Coordination and engagement with creditors is the next step—and an even more complicated one—in Puerto Rico’s long journey towards solvency and fiscal stability.
Driven and Kind
A Dozen Years After Graduation, Basketball Star/Finance Major Emeka Okafor Still a Favorite at UConn
Some of the members of the 2004 National Championship UConn Men’s Basketball Team would wear a weight vest in practice to improve their endurance as they ran up the bleachers in the old Memorial Stadium.
Not Emeka Okafor ’04. Continue Reading
In Memoriam: Frank Wuest ’82
Frank Wuest ’82, president of the Boston-based real estate investment firm Marcus Partners and a dedicated alumnus who enjoyed mentoring UConn business students, died unexpectedly Aug. 13.
“Frank Wuest was an exemplary alumnus of the UConn School of Business,” said Dean John A. Elliott. “He engaged with faculty, staff, students and alumni. He spoke at events in Boston, he hosted visits by our students to his real estate offices, he took their phone calls, and advised them well.”Continue Reading
NLDIMSR Hosts Seminar on ‘Risk Management’
HTCampus – The Finance Forum of N. L. Dalmia Institute of Management Studies and Research organized a seminar on “Risk Management” on August 10, 2016.
The seminar was delivered by Dr. Chinmoy Ghosh, Head of the Department of Finance at School of Business, University of Connecticut, USA.
Making an Impact: Student-led Group Helps Startups
Student-led UConn Consulting Group Offered Helping Hand to Financial Startups
Two financial services startups were the recent beneficiaries of a helping hand from the UConn Consulting Group, an undergraduate, student-led organization that works on real-life business projects to both assist companies and broaden student experiences.
“By working on a project for a startup, I had direct access to the CEO and felt like the UConn Consulting Group was consistently making an impact on the company,” said junior Matthew DeLeon. “The trust that the company placed in the group allowed us to push beyond what we had done in the past.” Continue Reading
Top Business Executives/Alumni Join Newly Created Dean’s Advisory Cabinet
Dean John A. Elliott has assembled a new Advisory Cabinet for the School of Business, which includes 12 outstanding business leaders who are also passionate about their commitment to the University. Continue Reading