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Financial Distress Essay Topics & Paper Examples

Financial Distress Paper

The current global economic crisis has seriously affected the financial activities of my academic institution. One of the major donors for our business school, a bank, has pulled out and is currently facing charges of breaking federal banking regulatory laws. All indications are that the bank will go under and will have to file for protection under chapter 11. With this conduit of funds no longer there, the business school will have to restructure. There are five programs currently in place at the business school, three of which are involved in teaching and research. They have been in existence for the last thirty years. As the head of faculty for the business school, I will recommend to the long range…