| November 15, 2009 |
| Crain's New York Business: "Coach has a site that lives up to its brand promise," said Professor Scott Galloway, who recently launched the Luxury Lab, ranking the digital competence of luxury brands. Additional coverage of Professor Galloway's research appeared in The New York Times, The International Herald Tribune, WatchShopUK.com and PRLog.org. |
| New York Daily News: In an op-ed, Professor Nouriel Roubini wrote, "Based on my best judgment, it is most likely that the unemployment rate will peak close to 11% and will remain at a very high level for two years or more." Additional coverage of Professor Roubini's outlook for the global economy appeared in three Bloomberg pieces, Reuters and a Reuters blog, International Business Times, Washington Post, Boston Globe, The Wall Street Journal blog, Financial Times blog, two Huffington Post pieces, iStockAnalyst.com, three Seeking Alpha pieces, The National, The Sunday Times, The Sunday Telegraph, The Hindu Business Line, The Australian, MoneyWeek.com, ABN Newswire, Sunday Tribune, GuruFocus.com, PR-Inside.com, ChinaStakes.com, MetalMiner, HedgeCo.net, Market Oracle, Times Live and Benzinga.com. |
| November 14, 2009 |
| Investment Weekly News: NYU Stern was featured as one of 16 universities participating in this year's New York Society of Security Analysts Eighth Annual Investment Research Challenge. |
| Investment Weekly News: A team of students from NYU Stern was featured for winning the $5,000 first prize at the University of Maryland's Robert H. Smith School of Business's third annual Mergers & Acquisitions Competition. |
| Miller-McCune.com: "The research [by Professor Vasant Dhar and co-author] suggests that when blog post activity reached more than 250 legitimate posts across the Web, album sales exploded - more than six times the average - regardless of whether an artist was associated with a major or minor label." |
| November 13, 2009 |
| EducAmericas.com: Executive Director of the TRIUM Global Executive MBA Program Erin O'Brien highlighted TRIUM's partnership between NYU Stern, the London School of Economics and HEC School of Management in Paris. |
| PolicyInnovations.com: In an op-ed, Professor Edward Lincoln wrote, "The most important accomplishment of President Obama's trip to Japan would be to reassure Prime Minister Hatoyama that the tensions around Marine Corps Air Station Futenma will not interfere with the overall bilateral relationship." |
| TradingMarkets.com: Chairman Emeritus of Stern's Board of Overseers Henry Kaufman's (PhD '58) book, The Road to Financial Reformation: Warnings, Consequences, was featured. |
| The Wall Street Journal: "[Professor] Michael Moses, co-founder of the Mei Moses Fine Art Index, tracked returns on objects sold during these sales and found that pieces quickly returning to the auction block tended to resell at a loss." |
| November 12, 2009 |
| FashionWeeklyDaily.com: During an exclusive interview, Professor Scott Galloway said, "Great [luxury] brands with a lot of resources and a willingness to embrace risk and the Internet is the ultimate cocktail." |
| Financial Times: NYU Stern alumnus John Paulson's (BS '78) gift of $20 million to NYU Stern that will endow two faculty chairs - the Alan Greenspan Chair in Economics and the John A. Paulson Professor of Finance and Alternative Investments - as well as provide significant support for the School's Concourse Project and scholarship aid for undergraduate students was featured. Additional coverage appeared in The Wall Street Journal, Dow Jones, Ad Hoc News, EarthTimes and HedgeWeek. |
| Forbes.com: In an op-ed, Professor Nouriel Roubini wrote, "In the U.S., bond markets are discounting a sluggish U-shaped recovery or even a double-dip recession, while risky markets are signaling a strong V-shaped recovery ahead." Additional coverage of Professor Roubini's economic predictions appeared in Reuters, The Wall Street Journal blog, Financial Times blog, CBSMoneyWatch.com, two Huffington Post pieces, Investors Chronicle and NewsMax.com. |
| The Wall Street Journal: A study from [Professors Marcin Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp] suggests market-timing can work for some mutual-fund managers. |
| Washington Square News: Stern MBA student J.C. Uva and other students expressed concern about NYU discontinuing its bus service to Peter Cooper Village-Stuyvesant Town. |
| November 11, 2009 |
| Dow Jones: Fund managers who actively invest are more likely to outpeform buy-and-hold investors, according to [Professors Marcin Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp]. Additional coverage appeared in Dow Jones and TransWorldNews.com. |
| Education Letter: "Great strides have been made in the field of social entrepreneurship, but the ability to measure and communicate the impact of a venture's efforts still remains a significant challenge for most organizations," said Professor Jill Kickul. Additional coverage appeared in Reuters and on SocialEdge.org. |
| Forbes.com: In an op-ed, Dean Thomas Cooley wrote, "Unless we can at least limit the growth in debt to the growth of the economy, the world will lose faith in Treasury obligations, increasing the government's borrowing costs and adding to the fiscal drag on the economy as we try to service our massive debt." |
| Irish Times: "I think [creating a single bank regulator is] going to be too huge an overhaul of what exists," said Professor Viral Acharya. Additional coverage appeared in the Financial Times. |
| IT News Online: The Future of Television East event, co-hosted by NYU Stern's Consumer Electronics Association was featured. |
| Reuters: Myron Scholes, chairman of Platinum Grove Asset Management was highlighted for his participation in the NYU Stern Salomon Center and Nasdaq OMX Derivatives Research Project's event on the future of derivatives. |
| November 10, 2009 |
| American Banker: "[The Gramm-Leach-Bliley Act allowed] the bulking-up of the holding company, there's no question," said Professor Lawrence White. Additional coverage appeared on Insurance Networking News. |
| Credit Union Times: Professor Lawrence White's participation in the National Federation of Community Development Credit Unions' seminar on the Community Reinvestment Act was highlighted. |
| Investment News: "The current recession has left many investors with lost confidence in financial markets and, more narrowly, in the people managing their money," said Professor Marcin Kacperczyk. |
| On Point Radio: Professor Richard Sylla participated in a discussion on hedge funds and insider trading. |
| The Times: "[Professor Nouriel Roubini] sounded a stark warning that investors were taking advantage of the 'mother of all carry trades' and could find that it turns 'ugly' when they try to get out of riskier assets and back into dollars." Additional coverage of Professor Roubini's economic predictions appeared on The Huffington Post, in two Seeking Alpha pieces, Business Insider, WallStreetPit.com, Financial Post, BloggingStocks.com and RealClearPolitics.com. |
| US Fed News: NYU Stern was featured as a participant in the sixth annual American Bankruptcy Institute's Corporate Restructuring Case Competition at Northwestern University. |
| The Wall Street Journal: In an op-ed, Chairman Emeritus of Stern's Board of Overseers Henry Kaufman (PhD '58) wrote, "Our financial system is at a crossroads. We can either succumb to the forces that are shifting markets toward greater government back-stopping and socialization. Or we can create a structure in which no institution is too big to fail." |
| November 9, 2009 |
| BusinessofFashion.com: "We have reached a digital tipping point," said Professor Scott Galloway at the NYU Stern LuxuryLab Innovation Forum. Additional coverage of Professor Galloway's LuxuryLab appeared on WatchTime.com. |
| Financial Times: In a letter-to-the-editor, Professor Lawrence White offered a solution to investors' unease about the treatment of US covered bonds if the issuing bank were to become insolvent. |
| New York Daily News: Stern student Eric Navarro was featured as a returning veteran who is re-launching his career after returning from Iraq. |
| NextBillion.net: The Sixth Annual NYU Stern Satter Conference of Social Entrepreneurs was featured. |
| Seeking Alpha: Professor Aswath Damodaran's paper, "Equity Risk Premiums: Determinants, Estimation and Implications," was featured as a "must-read." |
| 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 8, 2009 |
| Miami Herald: "I do believe [local bookstores] are an endangered species. They will survive but in greatly diminished numbers," said Professor Samuel Craig. Additional coverage appeared on TradingMarkets.com. |
| The New York Times: In an op-ed, Professor Robert Frank wrote, "The United States spends twice as much per capita on health care as many other nations, yet achieves inferior outcomes by such varied measures as life expectancy, preventable deaths from specific illnesses, and infant mortality." |
| November 7, 2009 |
| Financial Times: "The longer and bigger the carry trades and the larger the asset bubble, the bigger will be the ensuing asset bubble crash. The [Federal Reserve] and other policymakers seem unaware of the monster bubble they are creating," said Professor Nouriel Roubini. Additional coverage of Professor Roubini's outlook for the global economy appeared in The New York Times, FTAdviser.com, The Globe and Mail, CBSMoneyWatch.com, Market Oracle, Australian Financial Review, Sydney Morning Herald, The Hindu Business Line, HeatingOil.com, Seeking Alpha, ResourceIntelligence.net, Bowling Green Daily News, Calcutta Telegraph and the National Post. |
| 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." |
| Lincoln Journal Star: "Historically, art has been basically an asset class, and money flows to it during good times and bad times. The question is how much is flowing. And when people are disposing of other assets, there may be an opportunity for some of those assets to flow into the art market," said Professor Michael Moses. |
| Turkish Weekly: Professors Viral Acharya, Lasse Pedersen, Thomas Philippon and Matthew Richardson's chapter, "Regulating Systemic Risk," from the NYU Stern book Restoring Financial Stability: How to Repair a Failed System was referenced. Additional coverage appeared on VoxEU.org. |
| November 6, 2009 |
| Bloomberg: "Near-zero interest rates in the U.S., Britain and Japan are depressing the dollar and fueling a surge in asset values, [Professor] Nouriel Roubini said." Additional coverage of Professor Roubini's outlook for the global economy appeared on Reuters, The Independent, Irish Times, LiveMint.com, Investors.com, Guardian.co.uk, The Huffington Post and Seeking Alpha. |
| Energy Weekly News: The forum, Solar in the City, which is part of the NYU Stern Social Enterprise Association's speaker series was featured. |
| The Huffington Post: Professor Scott Galloway was featured for discussing his ranking of the digital IQ's of leading luxury brands at the NYU Stern Luxury and Retail Club's Innovation Forum. |
| Nashville Post: "Regulators are there to patch up holes and prevent problems, [Professor Viral Acharya] says, 'but regulation also reduces market discipline' by introducing distorted incentives." |
| November 5, 2009 |
| BusinessWeek: "The delivery of career development needed to be different, more customized [for part-time MBA students]," said Assistant Dean of Career Services and Student Activities Pamela Mittman, who helped open the NYU Stern Career Center for Working Professionals (CCWP) in 2003. |
| BusinessInsurance.com: Professor Eric Dinallo's idea to make the New York Insurance Exchange a place where buyers could purchase insurance and capital providers could form syndicates was highlighted. |
| Daily Camera: Professor Reed Martin was featured as the moderator of the panel, "Money & Movies: Avoiding Pitfalls When Making Your Magic," at the upcoming Starz Denver Film Festival. |
| Financial Times: In an op-ed, Professor Nicholas Economides wrote, "[The Internet's] open and public standards and the fact that no one ever had to ask permission from the network to innovate have led to one of the greatest periods of economic growth in history." |
| 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. |
| The Himalayan Times: "Nothing gives your career a boost like succeeding at a risk. It helps you break out of the pack," said Professor Sheila Wellington. |
| 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 pieces, The Globe and Mail, Los Angeles Times blog, San Diego Reader, 24/7 Wall Street, three Seeking Alpha pieces, Hurriyet Daily News, Wisconsin AG Connection, InsideFutures.com, Wall Street Pit, Options 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 Singapore, Tulsa World and on HedgeFund.net. |
| November 2009 |
| The Berkeley Electronic Press: Professors Viral Acharya and Matthew Richardson's co-authored paper, "Government Guarantees: Why the Genie Needs to Be Put Back in the Bottle," was featured. |
| 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. |
| October 31, 2009 |
| Wireless News: A new report by Professor Eitan Muller and colleagues, indicating that word-of-mouth campaigns executed across consumer networks can increase product adoption, was highlighted. |
| October 30, 2009 |
| Bloomberg: "Currency appreciation in emerging markets has been particularly strong this year," said Professor Nouriel Roubini. Additional coverage of Professor Roubini's economic opinion appeared in a Financial Times blog, Business Intelligence Middle East, MarketPulseFX and RevolutionRadio.org. |
| Economics Week: "In environments where information asymmetries and changing market conditions are ever-present, discerning between different macro-level and contextual factors that stimulate or inhibit entrepreneurial activity still needs to be validated," wrote Professor Jill Kickul and co-authors in the International Small Business Journal Report. |
| Financial Times: In an op-ed, Professor Nouriel Roubini wrote, "As markets begin to mend and financial institutions return to profitability, the drive to reform the regulation of the financial system is losing political momentum. There is now a serious danger that risky practices and leverage could return." Additional coverage of Professor Roubini's outlook for the global economy appeared in Reuters and the Seattle Times. |
| IT Business Edge: A study by Professor Sinan Aral and co-authors that found too much multi-tasking lengthens work projects was referenced. |
| The Wall Street Journal blog: "NYU [Stern] finance professor Thomas Philippon and [co-author] studied [financial sector pay] and conclude that financial sector workers are 30% to 50% overpaid." |
| October 29, 2009 |
| Bloomberg: "I don't think Citadel has any clue of how difficult it's going to be to build a bank. The large firms are well entrenched in this business. They're getting stronger and won't give up any market share," said Professor Roy Smith. |
| Downtown Express: "The sooner these [Lower Manhattan school] zones can be set, the sooner people will know where their kid is going, the sooner parents say, 'Okay, this is my local school - let me get behind it and support it,'" said Professor Eric Greenleaf. Additional coverage appeared in another Downtown Express article and The Tribeca Trib. |
| Financial Times: "Of the 2009 crop of distressed exchanges, half will go bankrupt in 2011, 2012 and 2013," said Professor Edward Altman. |
| Forbes.com: "A year ago, just 33% of luxury brands advertised online, according to a marketing study conducted by [Professor Scott Galloway]." |
| Forbes.com: In an op-ed, Professor Nouriel Roubini wrote, "With portfolio investments to emerging market countries also rising, policymakers need to figure out how to avoid losing international competitiveness while also containing asset inflation and the emergence of asset bubbles." Additional coverage of Professor Roubini's economic outlook appeared in three Bloomberg pieces, threeUSA Today, three, International Business Times, iStockAnalyst.com, Seeking Alpha and NewsMax.com. |
| Forbes.com: "[In a business-technology partnership, NYU Stern] M.B.A. students are creating business plans for NYU-Poly technical inventions - patents on brilliant ideas that otherwise could have languished in archives for years if not forever." |
| Motley Fool: "The more you know about the business, the less valuation matters. Conversely, the less you know about the business, the more valuation matters," said Professor Aswath Damodaran. |
| The New York Times: "We don't want to kill Wall Street, but we do want to learn from what happened," said Professor Eric Dinallo, who plans to run for New York's attorney general next year. In addition, Vice Chairman of the NYU Stern Board of Overseers Kenneth Langone (MBA '60) said, "Dinallo is a good guy and I have great hope that he understands the significance of a pro-business attitude." Additional coverage appeared in a New York Times blog and the New York Daily News. |
| October 28, 2009 |
| TheDeal.com: "[According to Professor Stephen Brown] all of that information [disclosing hedge funds positions] is available to investors for a measly $12,000 via due diligence reports." |
| Forbes: In an op-ed, Dean Thomas Cooley wrote, "[With the 'polluter pays' principle], the way to discourage the accumulation of systemic risk is to measure it, price it and make firms pay for creating it." In addition, Professor Ingo Walter was referenced for showing that US investment banks flourished when separated from commercial banking by law. |
| Genetic Engineering & Biotechnology News: Professor Michael Pinedo was featured as one of the 11 new recipients of the annual INFORMS Fellow Award. |
| Knowledge@Wharton: "[Professor Xavier Gabaix and co-author] - argued that [the pay level] is justified by competitive forces ... So it is worth paying top dollar to get the best person." |
| National Jeweler Network: "[The goal of the Digital IQ ranking system is to] provide a robust tool that diagnoses digital strengths and weaknesses, helping companies achieve greater return on incremental investment," said L2 Luxury Lab founder Professor Scott Galloway. Additional coverage appeared in Health & Beauty Close-Up and the Israel Diamond Portal. |
| The New York Times: In an op-ed, Professor Nouriel Roubini wrote, "[The different emphasis world economies place on savings, spending and debt] represent serious misallocations of capital in domestic economies that, projected globally, raise the risks considerably of future financial crises and asset bubbles." Additional coverage of Professor Roubini's predictions for global economies appeared in two Bloomberg pieces, CNBC.com, five CNBC videos, Forbes.com, International Business Times, The Globe and Mail, iStockAnalyst.com, Financial Post, Examiner.com, Investors.com and BNet.com. |
| Psychology Today: A 1993 study by Professor Vicki Morwitz that demonstrated the "mere measurement effect" was referenced. |
| Reuters: "Great strides have been made in the field of social entrepreneurship, but the ability to measure and communicate the impact of a venture's efforts still remains a significant challenge for most organizations," said Professor Jill Kickul. |
| The Wall Street Journal: In an essay, Professor Richard Sylla wrote, "The Great Crash of 2008-09 was actually a greater crash than the Great Crash of 1929. Additional coverage appeared in Business Spectator and CNN Student News. |
| October 26, 2009 |
| Financial Times: In a response to an article about teaching information technology in business schools, Professor Vasant Dhar referenced the article, Information Technologies in Business: A Blueprint for Education and Research, which he published with Professor Arun Sundararajan in 2007. |
