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Peter Blair Henry, Renowned Int’l Economist, Named Dean of NYU’s Stern School of Business

July 28, 2009: NYU President John Sexton and Provost David McLaughlin today named Peter Blair Henry – the Konosuke Matsushita Professor of Economics at Stanford University – as dean of NYU’s Leonard N. Stern School of Business.  He will assume the deanship effective January 15, 2010. » More

News

Below is a snapshot of current NYU Stern news coverage highlights, including Stern faculty research and expertise, as well as student, alumni and campus news. For a comprehensive look at Stern's media coverage, visit the Stern in the News archive.

November 9, 2009 
TIME: "Since the late 1990s, [Professor Thomas Philippon and co-author] estimate, 30% to 50% of financial-sector pay has amounted to what economists call rents - windfalls that serve no economic purpose." 
November 7, 2009 
Investment Weekly News: In a recent study, Professor Marcin Kacperczyk and co-author found, "While 'sin' stocks are neglected by norm-constrained investors and face greater litigation risk due to social norms, they have higher expected returns than otherwise comparable stocks." 
November 6, 2009 
Energy Weekly News: The forum, Solar in the City, which is part of the NYU Stern Social Enterprise Association's speaker series was featured. 
November 5, 2009 
Forbes.com: In an op-ed, Professor Nouriel Roubini wrote, "If the government creates a new firewall between deposit-taking institutions and investment banks ... only the former group would receive access to lender-of-last-resort facilities and deposit insurance." Additional coverage appeared in Midas Letter.
November 4, 2009 
Bloomberg Television: During an exclusive interview, Dean Thomas Cooley discussed the outlook for a systemic risk regulator in the US and financial oversight in the banking industry.
Bloomberg: "Investors worldwide are fueling 'huge' bubbles that may spark another financial crisis by borrowing dollars in 'the mother of all carry trades,' [Professor] Nouriel Roubini said." Additional coverage of Professor Roubini's outlook for the global economy appeared in three Bloomberg pieces, The Wall Street Journal blog, two Financial Times pieces, a New York Magazine blog, two Seeking Alpha pieces, Motley Fool and Benzinga.com.
CNBC: "[Professor Nouriel Roubini said] if the Fed keeps interest rates low, therefore weakening the dollar, it will prolong the carry trade and make the unwind all the more painful." Additional coverage of Professor Roubini's economic predictions appeared in The Wall Street Journal, a Reuters blog, Forbes.com, Fortune, three Bloomberg pieces, MoneyControl.com, three Seeking Alpha pieces and DailyReckoning.com.
Financial Times: "It's very possible the FTC will want to bring [an antitrust case against Intel]," said Professor Nicholas Economides.
The New York Times: Barros Luco, a Chilean restaurant venture launched in midtown Manhattan by Stern alumnus and Stern Business Plan Competition participant Carlos Olivares (MBA '09) was featured.
November 3, 2009 
BusinessWeek.com: A new study by Professors Batia Wiesenfeld, Jeffrey Simonoff and co-authors, and overseen by Professor William Baumol, on innovative entrepreneurship, was highlighted.
The Globe and Mail: NYU Stern's and other business school's decision to accept GRE test scores in addition to GMAT scores for admission was highlighted.
November 2, 2009 
Bloomberg: "Gradually the banks ran down their liquidity levels [after the Great Depression] and got back into the business of making loans, but it didn't happen overnight," said Professor Richard Sylla.  Additional coverage appeared in BusinessReport.
BusinessWeek: "I felt well-prepared for my internship [at The Washington Post], thanks to my first year of business school, and know that another year at school will put me in a solid position for whatever I pursue full time," wrote NYU Stern MBA student Erin Rupprecht.
CATO-Unbound.org: Professor William Baumol's co-authored research on the role of entrepreneurs in the modern world was referenced.
CNN: During an exclusive interview, Professor Stephen Figlewski explained the meaning of short selling.
Fox Business's Young Guns: NYU Stern Executive MBA alumna and winner of Stern's 2009 New Venture Competition Belinda DiGiambattista (MBA '05), was featured for starting her own business, Butter Beans, a provider of organic, homemade hot lunches to school-aged children.
Harvard Business School's Working Knowledge: "I like the notion of say on [financial executive] pay because it encourages institutional shareholders to think and get involved - not only in terms of compensation levels, but in the choice of performance measures consistent with a firm strategy, goal setting, time horizon, etc," said Professor Fabrizio Ferri. 
Mother Nature Network: "In an op-ed, Executive-in-Residence Paul Horn wrote, "On average, New Yorkers are paying among the highest energy rates in the country, which drive $15 billion of energy bills for our buildings each year." 
The New York Times blog: Professor Thomas Philippon's co-authored paper on financial industry pay was referenced. Additional coverage appeared in Seeking Alpha. 
Reuters: A survey carried out by Professor Scott Galloway's Luxury Lab, ranking the digital competence of luxury brands, was referenced. 
November 1, 2009 
Financial Times: "In an op-ed, Professor Nouriel Roubini wrote, "Risky asset prices have risen too much, too soon and too fast compared with macroeconomic fundamentals." Additional coverage of Professor Roubini's economic predictions appeared in two Bloomberg piecesThe Globe and MailLos Angeles Times blogSan Diego Reader, 24/7 Wall Street, three Seeking Alpha pieces, Hurriyet Daily News, Wisconsin AG Connection, InsideFutures.comWall Street PitOptions News Network and Handelsblatt.  
Pocono Record: "A recent study by [Professor Stephen Brown and colleagues] … found that 1 in 5 hedge funds lied about either the assets they controlled, the performance of their fund or even the dicey legal backgrounds of their principals." Additional coverage of Professor Brown's research appeared in the Business Times SingaporeTulsa World and on HedgeFund.net.  
November 2009 
MarketingVox.com: "The report [by Professor Scott Galloway] found that 66% of luxury brands now advertise online, compared with just 33% of those same brands a year ago."
Mother Jones: A Forbes.com op-ed by Dean Thomas Cooley was referenced.  
Washington University Record: Professor John Biggs was featured for receiving this year's Brookings Award for individuals who have demonstrated extraordinary generosity to Washington University in St. Louis, where he earned a doctorate in economics.


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Press Releases

July 28, 2009
Peter Blair Henry, Renowned Int’l Economist, Named Dean of NYU’s Stern School of Business
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March 5, 2009
33 Professors at NYU Stern School of Business Propose Solutions on Restoring the Global Financial System
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March 3, 2009
NYU Stern School of Business Opens New Volatility Institute
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October 27, 2008
New Study from NYU Stern Demonstrates That Politics Shape Buyout Performance
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September 22, 2008
New Study from NYU Stern Demonstrates Measurable Return-On-Investment of Academic Research on B-School Performance
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September 3, 2008
Amsterdam Institute of Finance & NYU Stern School of Business Partner to Launch the Executive Master of Science in Risk Management
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September 3, 2008
NYU Stern School and Swiss Finance Institute Launch Banking & Financial Institutions Management MBA
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August 19, 2008
Stern Campus Greening Initiative Wins Net Impact Green Challenge
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May 8, 2008
NYU Entrepreneurs Awarded $150k in Stern's 9th Annual Business Plan Competition
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April 25, 2008
NYU Stern School of Business and Tribeca Film Festival Debut Dynamic New Undergraduate Business Course for Aspiring Producers
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January 29, 2008
NYU Stern Receives $6.5 Million to Enhance Support for Emerging Entrepreneurs and Enterprise Development Research
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Journalists
All media and press inquires should be directed to:

NYU Stern Public Affairs
44 West Fourth Street, Suite 10-160
New York, NY 10012
Phone: 212-998-0670
Fax: 212-995-4950
paffairs@stern.nyu.edu

Publications
publication Fall 2008

Spring 2009 Highlights: