Booth Professors Finds Sale of Failed Banks Costs FDIC Big Time
According to new research by Booth School of Business Professors Gregor Matvos and Amit Seru, a significant amount of the $90 billion lost by The Federal Deposit Insurance Company (FDIC) since 2008 occurred because the assets of some banks are sold at fire sale prices. Continue reading…
Are You Ready For Some Football: Booth Research Examines Timing of NFL Contracts
The National Football League is a huge money making business. With the regular season kicking off in just a few days, new research from the Booth School of Business shows that timing is of the essence with players enter contract negotiations.
“This paper is about a seemingly very small part of the NFL contracting — when do you get paid in the off-season?” Gregor Matvos, an associate professor of finance at Chicago Booth, said. Continue reading…