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Experts available to discuss Detroit bankruptcy

WHAT: American University experts on investing, taxation and bankruptcy

WHEN: July 30 - ongoing

WHERE:In-Studio, via Skype, via telephone, or at American University

Washington, D.C. (July 30, 2013) – The recent news that the city of Detroit, Michigan, once one of the most thriving municipalities in the country, has declared bankruptcy, will undoubtedly have an effect on the financial markets. American University experts are available to provide their expertise and analysis on the topics of taxation, investing, and bankruptcy.

Taxation

David Kautter is Managing Director of the Kogod Tax Center and Executive in Residence in the Department of Accounting and Taxation. He joins Kogod following a distinguished career as a partner at Ernst & Young LLP, where he held a number of key technical and leadership roles spanning over three decades. Kautter has written extensively on tax law, policy and compliance issues, authoring articles in major journals including the Journal of Accountancy and the Tax Advisor. He is available to talk about the tax ramifications of Detroit’s bankruptcy for investors and for municipalities dealing with declining tax revenue.

Investing Expert

Dr. Waldman is an Executive in Residence in personal finance. Waldman received a Ph.D. in Economics at the University of Florida, and has taught Personal Finance for more than 20 years. He has worked for the U.S. Agency for International Development, and for the last 25 years, has been an Investment Adviser and Certified Financial Planner(R). He and his wife own Waldman Financial Advisers LLC, an SEC-registered investment advisory firm. Waldman is available to talk about the ramifications of the bankruptcy for investors and the wider economic impact of the event.

Bankruptcy experts

Jerry Martin is an Associate Professor of Finance at the Kogod School of Business, American University. He teaches undergraduate and graduate courses in corporate finance and quantitative analysis. His research focuses on securities regulation and enforcement activities, corporate payout policy, financial distress, and Warren Buffett. Professor Martin has published in top scholarly journals such as Journal of Financial Economics and Journal of Financial and Quantitative Analysis. Martin is available to speak about the intricacies of municipal bankruptcy.

Professor Leigh Riddick is an Associate Professor in the Finance and Real Estate departments at American University. Her research interests include the home asset bias puzzle, corporate cash policy, and international bankruptcy. Her most recent publications include an article in the Journal of Finance, and an edited book on international finance with Oxford University Press. Prof. Riddick's teaching interests include managerial economics and strategy, introductory finance, investments and portfolio management. Riddick is also available to speak about bankruptcy.

American University is a leader in global education, enrolling a diverse student body from throughout the United States and nearly 140 countries. Located in Washington, D.C., the university provides opportunities for academic excellence, public service, and internships in the nation’s capital and around the world.

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