Two OU Job Board Webcasts in September Focus on Credit Card Crunch

05 Sep 2008

The first event, “Credit Meltdown and Practical Solutions,” will take place Monday, September 22, and the second, “The Mortgage Crisis and Credit Card Crunch – A Halachic Perspective and Responsa,” will be held Wednesday, September 24.

“Credit Meltdown and Practical Solutions” will take place from 1:30 – 3:30 p.m., at OU headquarters in New York, as part of the OU Job Board Economics 101 Series. The event will be a live video broadcast, accessible by logging onto Participants will get expert advice on ways to solve their personal credit crises and information on several topics, including:
• The 10 warning signs of too much debt;
• Solutions to debt problems;
• Implementing and sticking with a realistic home budget;
• Credit card debt, accounts in collection, lawsuits and judgments – practical answers and reality check;
• Credit restoration and student loans, and
• Bankruptcy and its meaning.

The experts who will be addressing those topics are: Carl Edward Guzman, CPA and President and Founder, Greenback Capital Mortgage Corporation; Steven Burman, Founder and President, Credit Advocate Counseling Corporation; and David Siegel, an attorney who has worked with the Bankruptcy Trustee in Brooklyn and now maintains an office in Monsey, specializing in personal bankruptcy.

Michael Rosner, Director of OU Job Board, declared, “This seminar will help all families learn to cope with the credit crunch they are now experiencing. With expert advice from our presenters, families across the nation can learn how to reign in their expenses and control their spending to avoid financial crises. This timely event is a well-needed shot of reality for people who are having problem balancing their budgets.”

In addition to the viewers at home, a small live audience will be in attendance, on a first-come, first-serve basis. To register, visit and select ‘Credit Meltdown’ under ‘Job Workshop,’ or e-mail your name to or call 212-613-8391.

The second seminar, “The Mortgage Crisis and Credit card Crunch – A Halachic Perspective and Responsa,” will also take place at OU headquarters, 1:00 – 3:30, and be webcast live. The seminar will address the halachic issues that often arise in the business world, such as charging interest, bankruptcy in Jewish law and ways to respond to the credit crunch faced by many people. Rabbi Hershel Schachter and Rabbi Yisroel Belsky, two of the most prominent rabbinical authorities and OU halachic decisors, will hold a Q & A session with questions being submitted prior to this event.

The seminar will be sponsored by Targum Shlishi, a Raquel and Aryeh Rubin Foundation. Targum Shlishi is a foundation dedicated to providing a range of creative solutions to problems facing Jewry today, sponsoring initiatives designed to stimulate the development of new ideas and innovative strategies that will enable Jewish life, its culture, and its traditions to continue to flourish.

Further details on the seminar will soon be announced. To register, visit