Media
Biography
Professor Rai is a Professor of Finance at the Frank G. Zarb School of Business at Hofstra University in New York. He has been teaching corporate finance, financial institutions and international finance courses since 1988....
Industry Expertise (3)
Education/Learning
Financial Services
Business Services
Areas of Expertise (6)
Corporate Finance
Financial Institutions
International Finance
Capstone Course
Financial Regulations
Dodd Frank
Education (3)
Indiana University Bloomington: Ph.D., International Business 1987
University of Notre Dame: M.B.A., Finance 1980
Delhi University: B.A., Economics 1977
Links (2)
Media Appearances (7)
GameStop Stock Surge
Fox 5 NY tv
2021-01-29
Anoop Rai, PhD, professor of finance at the Zarb School of Business, was featured in a Fox 5 NY story examining the GameStop stock trading frenzy that has shaken financial markets and prompted an investigation by the US Securities and Exchange Commission.
The New Normal
Long Island Business News online
2020-03-20
Anoop Rai, a professor of finance at Hofstra University, pointed out that concerns over an H1N1 outbreak in 2009 didn’t cause the disruption many expected. “Nobody’s talking about it anymore – people forgot about it once business got back to normal,” he said. And with some countries turning around – China and South Korea, for example – the impact could mean less gloom and doom here. Any “major disruption at the local level, I think will just be temporary,” he said.
Lehman Bros. collapse 10 years ago hit Long Island and the world
Newsday print
2018-09-17
Lehman “went aggressively into mortgage-backed securities without having a clue,” said Anoop Rai, a professor of finance at Hofstra University. Adding to the problem, it borrowed heavily, he said. And when then-U.S. Treasury Secretary Hank Paulson was unable to sell Lehman, lenders declined to renew the loans the bank depended on, dooming the company, Rai said. "It becomes a question of liquidity at that point,” he said. “If the market senses trouble, nobody is going to lend short term.”
U.S. stocks turn sharply higher after Trump victory
Newsday online
2016-11-09
Dr. Rai interviewed in article about Trump's effect on the stock market
Long Island Iced Tea plans $11.5M Nasdaq stock offering
Newsday online
2016-04-11
Dr. Rai interiewed on Long Island Ice Tea $11.5 million stock raise.
Lawrence D. Kingsley, Pall CEO, to get $109M golden parachute in company's sale
Newsday online
2015-06-09
Dr. Rai interviewed.
As Long Island's top companies list shrinks, corporate landscape shifts
Newsday online
2014-07-03
Dr. Rai interviewed.
Articles (2)
DODD-FRANK BILL -- A YEAR AND A HALF LATER: VIEWS FROM THE HEDGE FUND INDUSTRY
Frank G. Zarb School of Business and EisnerAmper LLPMarch 2012 Among the key findings, hedge fund managers reported that Dodd-Frank rules driving increased transparency while increasing investor demand for information have been broadly positive for the industry. Due diligence process, risk management procedures and reporting requirements all have increased investor acceptance of hedge funds, allowing them to become increasingly mainstream investment vehicles for institutional and individual investors. Large firms, in particular, seemed to welcome the additional scrutiny, with large majorities favoring SEC registration, the European Passport and a majority backing supervision from the Treasury and the Federal Reserve Bank.
The impact of discount rate changes on market interest rates: Evidence from three European countries and Japan
Journal of International Money and Finance2007 This paper examines the impact of official discount rate (ODR) changes on market interest rates of four countries (Germany, France, Japan and the UK) during the period from 1980 through 1997. The overall results indicate that short-term rates are more responsive than long-term rates for all countries. The magnitude of the changes is country specific. Market rate responses are lower for Germany and Japan, which have fewer changes in ODR. These results are consistent with expectations that there is less uncertainty under such regimes. Consistent with the pace of regulatory reforms, the results of ODR changes are strongest in UK and weakest in Japan. When monetary policy is changed or reversed, interest rate responses are shown to be larger for countries with frequent changes in discount rates.
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