Fred Carstensen






One problem with empty, blighted buildings? Knowing how many there are.

Waterbury Republican-American – There’s no telling how many empty industrial buildings are rotting away on polluted properties in Connecticut. The brownfield inventory maintained by the Connecticut Department of Energy and Environmental Protection lists 516 sites. But state officials admit that’s not comprehensive. Sites can only land on the list after state involvement in cleanup efforts. Given the state’s long industrial history, DEEP estimates there are “probably tens of thousands” of polluted sites.


MGM Resorts, Encore Boston Harbor talks could rile casino waters in CT

Mass Live – Even though the top executive for the Mashantucket Pequot Tribal Nation pooh-poohed the notion last week, Connecticut’s two tribal casino would be the logical buyer if MGM Resorts International sells off its downtown Springfield property, according to an expert on the regional gambling industry.



Ask the Experts: Fred Carstensen

Wallet HubFred Carstensen Professor of Finance, School of Business, University of Connecticut

Does the definition of a “low interest” credit card change over time?

It might, but the relevant measure is the inflation rate, the Fed interest rate policy, and the 10 year Treasury. Those are the standards for variable rates like home equity loans.