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Hedge Fund Founder John A. Paulson Gives $20 Million to NYU Stern

November 12, 2009: NYU Stern announced that alumnus John Paulson (BS ’78), founder and chairman of hedge fund Paulson & Co., Inc., has given a gift of $20 million to NYU Stern.» 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 23, 2009 
Canadian Business: Professor Priya Raghubir's co-authored research, finding that people perceive stock with a longer run-length as riskier, was highlighted. 
November 19, 2009 
Bloomberg: "[Elizabeth Warren] is an ideological crusader. She is a person who will stir up a lot of trouble," said Dean Thomas Cooley. Additional coverage appeared in the Star-Ledger and on MediaPost.com  
Business Standard: "Finance today is full of acronyms and jargon, but [Restoring Financial Stability: How to Repair a Failed System, edited by Stern Professors Viral Acharya and Matthew Richardson] attempts to offer the complicated details in a more readable manner, which, in turn, should appeal to a wide range of readers." 
Financial Times: NYU Stern alumnus John Paulson (BS '78) was featured for seeding a new Paulson & Co gold fund with $250 million of his own money to offer investors a more concentrated exposure to gold. 
Forbes.com: In an op-ed, Professor Nouriel Roubini wrote, "With the trip [to Asia], Obama aims to renew U.S. political and economic influence in a region that analysts claim was ignored by the previous administration, addressing key issues like economic cooperation, climate change, free trade and the regional balance of power." Additional coverage of Professor Roubini's outlook for the global economy appeared in BusinessWeek, MarketWatch, ConsumerAffairs.com, Motley Fool and MarketPulseFX. 
November 18, 2009 
Financial Times: In an op-ed, Professor Richard Bernstein wrote, "It is remarkable that perhaps today's best examples of diversified portfolios, namely those held by the Chinese and Japanese, are criticised by the remainder of the investing world." 
The Globe and Mail: In an op-ed, Professor Nouriel Roubini wrote, "The story of the U.S. is, indeed, one of two economies. There is a smaller one that is slowly recovering and a larger one that is still in a deep and persistent downturn." Additional coverage of Professor Roubini's op-ed appeared in Shanghai DailySouth China Morning Post, the Korea Herald and the Edge Malaysia. Professor Roubini's economic predictions also appeared in Bloomberg, a Reuters blog, NYU Local, Seeking Alpha, Project-Syndicate.org, The Business Times, NewsMax.com and Gawker.  
PBS: Professor Ralph Gomory's proposal for a tax break for US corporations that create domestic jobs was highlighted. In addition, Professor Gomory's co-authored book with Professor William Baumol, Global Trade and Conflicting National Interests, was referenced. 
SHOOTOnline.com: NYU's MBA/MFA dual degree program for producers, a partnership between the Stern School and Tisch Kanbar, which recently received a $100,000 endowment named, "The Robert Oberman, Greg Pickert, Media Services Graduate Film Production Fund," was highlighted. 
Washington Square News: "My hope is that this gift will advance the school's mission as a global leader in business education and economic research as well as provide scholarships to gifted students with financial needs," said NYU Stern alumnus John Paulson (BS '78), in reference to his gift of $20 million to NYU Stern. In addition, Dean Thomas Cooley, Vice Dean and Dean of Undergraduate College Sally Blount and Stern undergrad Mary Tang all expressed their enthusiasm for the gift. 
November 17, 2009 
BusinessWorld: NYU Stern's participation in the QS World MBA Tour, the largest recruitment and information fair for business schools, in Makati City was highlighted. 
Financial Market Regulatory Wire: "[Professor Richard Sylla and others], have argued, the approach taken to 'selling' the nation on the TARP plan displayed a lack of cool-headed leadership, which magnified the effects of financial shocks and encouraged panic." 
GlobalGrind.com: The book, Be Your Own Mentor, by Professor Sheila Wellington was referenced. 
IT Business Edge: Professor Nicholas Economides argued for net neutrality during a debate at the Web 2.0 Expo in November. 
TheStar.com: "A moderate amount of blog chatter might not predict anything, but off-the-chart blog chatter - even in some cases when there was no major record label behind a band - had an effect [on album sales]," said Professor Vasant Dhar. 
The Wall Street Journal: "Extending the amount of time you hold a painting works to a collector's benefit by reducing the risk," said Professor Michael Moses. Additional coverage appeared in Art Knowledge News. 
November 16, 2009 
Cornell Daily Sun: First-year MBA students Karin Lee, Rob Lendavi and Andres Satizabal were highlighted for attending the 17th Annual Net Impact Conference, "Advancing Sustainable Global Enterprise: Change Makers, Innovators and Problem Solvers," held at Cornell University. 
FinReg21’s Lombard Street: In an op-ed, Professor Lawrence White wrote, "There is a greatly underappreciated strength to the current regulatory structure - a beneficial receptivity to innovation in many dimensions - that would likely be lost (or at least greatly weakened) in consolidation." 
Forbes Asia Magazine: In an op-ed, Professor Nouriel Roubini wrote, "Despite a flood of portfolio investments into many of the Asia-Pacific asset markets since early 2009, the region still needs foreign capital to stimulate investment and finance its current accounts." Additional coverage of Professor Roubini's outlook for the global economy appeared on FoxBusiness.com, ForexRazor.com, DailyReckoning.com and PrisonPlanet.com. 
Forbes Magazine: "Edward Altman, a finance professor at [NYU Stern], lays the odds at one in four that after a brief rise in output the economy will stall and then flatline as Japan's has done for nearly two decades." 
Forward: In an op-ed, Professor Ralph Gomory wrote, "Our government does not ask our corporations or their leaders to build productivity here in America, much less does it provide incentives for them to move in that direction." 
Journal of Robotics & Machine Learning: Professor Rene Caldentey's co-authored research, which adds new data to applied probability research, was featured. 
WebProNews.com: Professors Anindya Ghose and Sha Yang's co-authored study, which found that the presence of organic listings on a search engine positively impacts the click-through rates of paid search advertisements and vice-versa, was featured. Additional coverage appeared on EarthTimes.org. 


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Press Releases

November 12, 2009
Hedge Fund Founder John A. Paulson Gives $20 Million to NYU Stern
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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 2009
publication Fall 2009

Fall 2009 Highlights: