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Yale professor: two years to recovery

Published Thursday, December 04, 2008

Jeffrey Garten, whose professional credentials include Juan Trippe Professor of International Trade, Finance and Business in the Yale School of Management; chairman of Garten Rothkopf (an international advisory firm); and former dean of the Yale School of Management, compares the current global financial crisis to “the eye of a massive storm.” “We are at the beginning of a massive transformation of the global financial system,” Garten told participants of the recent Sourcing USA Summit in Austin, Texas. “No part of the global economy is unaffected.” Garten admitted to being a bit more pessimistic about the worsening economic crisis ...

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