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Welcome to the Salomon Center Founded in 1972 by a grant from the partners of Salomon Brothers, the Center funds its activities through endowment income, annual or grant contributions by corporate and institutional Associates, and income from conferences. The current director of the Center is Matthew Richardson, having been preceded by Ingo Walter (1990-2003), Arnold Sametz (1975-1990) and Kalman Cohen (1972-1975). The Center specializes in the study of financial institutions, including commercial banks, investment banks, managed funds and insurance companies. Recently, the Center was instrumental in the organization of the NYU Stern School book project, Restoring Financial Stability: How to Repair a Failed System. The Center has been involved in putting together various conferences and its popular Chats with Financiers program related to the financial crisis of 2007-2009. Currently, the Center also helps incubate several research initiatives, each directed by a Stern School of Business professor--Credit and Debt Markets directed by Edward I. Altman (past FMA President), The NASDAQ OMX Derivatives Research Project directed by Stephen Figlewski (Founding Editor, Journal of Derivatives), and Alternative Assets Management directed by Alexander Ljungqvist. Two earlier initiatives, still affiliated with the Center, are now on their own--Corporate Governance directed by David Yermack, in the NYU Pollack Center for Law and Business and The Volatility Institute directed by Robert F. Engle (2003 Nobel Laureate in Economics).
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