PROFESSOR SAMUEL D. BORNSTEIN

For the past 30 years, Professor Bornstein has been a tenured Professor of Accounting and Taxation, and for the past 32 years a CPA and Consultant in public practice for Bornstein & Song, CPAs & Consultants.

Since 2000, Professor Bornstein has researched the causes and solutions to Small Business Failure and Financial Literacy. His research evolved into a study of Small Business and the Subprime Mortgage Crisis. Prof. Bornstein’s research determined the most effective content for “Specific and Immediate Financial Guidance” as a solution to this crisis. His focus has been to research "Artificial Intelligence" as an effective delivery system for Financial Literacy Education for Small Business, Adults, and K-12.

November 21, 2008: An NASE survey was created by Prof. Samuel D. Bornstein and Jung I. Song, CPA of Bornstein & Song, CPAs and Consultants in Oakhurst, NJ, and was conducted by the National Association for the Self-Employed (NASE) which issued a Press Release on November 21, 2008. This survey was the first to provide compelling evidence of small business involvement in the “toxic” mortgage crisis. One key goal of this survey was to shed light on research completed by Prof. Bornstein that a significant number of small businesses are at-risk of mortgage default, due to the fact that they have “toxic” mortgages such as Alt-A, Alt-A ARMs, Option ARMs, Interest-Only, etc. http://advocacy.nase.org/research.asp