- School of Business
I started my career as an international corporate banker, specializing in foreign exchange markets, before transitioning to an academic and consulting career. I have consulted with governments and corporations on political and foreign exchange risk, especially in Latin America; and have lectured and written about these subjects for over thirty years. I co-authored a leading textbook on international banking, and my most recent book is Separating Fools From Their Money: A History of Wall Street Scandals. In the past few years I have turned my interest to social impact investing; I have worked with Social Finance, the Rockefeller Foundation, and the Inter-American Development Bank on developing innovative financial instruments to raise capital from private investors and deploy this capital to produce both financial and social value. I taught at two other Boston-area business schools before settling down at Simmons; I love my students and colleagues here, and feel that I have found a real home @Simmons!
What I Teach
@Simmons: Finance; Business and Government in the Global Economy; For Profit, For Good: Finance in the Service of Society; Financial Reporting and Analysis.
Simmons undergraduate: International Business
At other institutions: Globalization, Financial Reporting and Analysis, International Finance, International Banking, Issues in Business and Management (capstone to undergraduate business minor); Cases in International Finance; Global Economic Environment, Financial Policy (capstone to undergraduate business major)
Currently my research and consulting work focuses on social impact investing, i.e. putting private capital to work for both financial and social/environmental good. This means investing private capital with a social, environmental, governance, and gender lens as well as a financial lens. Most recently, I spoke at the Triple Bottom Line Investing Group conference in Stockholm, Sweden on the topic of Social Impact Bonds: Promise vs Performance.