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Beedie School of Business News

How SFU Business fared in the news for the week of October 31, 2008.

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By Diane Luckow

SFU Business student Milun Tesovic is a successful entrepreneur whose outlook on life and money belies his years. Keep reading…


by Leyland Pitt And Michael Parent

Why do so many luxury brand extensions fail?

Chateau Margaux, the famous Bordeaux first growth, is up there with the very best. Keep reading…


October 27, 2008
by Shirley Gregor

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PhD Student, José Mora has been selected as the recipient of the 2008 BBM Scholarship and will receive a commemorative certificate and a cheque for $4000 at the Canadian Association of Broadcasters Gold Ribbon Awards Breakfast on November 4, 2008. Keep reading…


How SFU Business fared in the news for the week of October, 23, 2008

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SFU Business undergrad students Kyle Jackson and Jessica Kit-Sum Tang were recognized as two of 20 students across Canada who have been selected for McGraw-Hill Ryerson’s 3rd Annual Student Scholarship Award. Keep reading…


It is the end of casino capitalism. The end of the era of greed. A new financial world order is on the way. These are the clarion calls coming from many people all of whom share the anger at a financial and banking system that has failed them. Central banks and regulators and politicians of all stripes have already signaled that important and systemic changes are on the way. They have all had to adjust- if not abandon- their previous commitments to free market capitalism in order to address the financial and banking system failures. People like Hank Paulson -who is the poster-boy for those committed to the principles of the free market- have had to admit to the failures of the existing system and turn to highly unusual and unpalatable options like bailouts, guaranteed loans for banks and government taking a more active role as an equity partner in financial institutions. Around the world it is a similar story. In places like the UK and rest of Europe, there have been even more dramatic system failures and more dramatic responses including bank nationalizations and provisions for government to play a role in the governance of financial institutions, particularly those who line up for financial assistance from taxpayers. European governments have nationalized some of their largest banks and have indicated that all financial institutions will come under greater governmental control and supervision. Keep reading…


BC Business has recognized Aimee Chan, President and CEO of Norsat International Inc., a public company providing microwave and satellite technology, with the 2008 Ernst & Young Entrepreneur Award in the Turnaroud Category. Keep reading…


So now the deal has been done. Bailout 2.0 (more formally known as TARP or the Troubled Asset Rescue Plan) has passed its last Congressional hurdle and now the machinery of US government can soon begin to implement the plan to defrost the credit markets. This political compromise may have preempted a deeper and more formidable financial crisis but it remains unclear whether this plan will stop the US and global economy from descending into deep recession or, as the most pessimistic bears fear, a depression. Most people, including the Plan’s authors and supporters, realize that the bailout is limited in what it can do. It will, hopefully, provide a bottom to the markets for toxic assets, allow banks to get bad assets off their books, free up credit markets, instill confidence in the financial systems for investors, consumers and banks, and lead to healthier and more fluid capital markets. Keep reading…


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