Experience Stern | News & Events

Excerpt from Insurance News Net -- "The only thing that would allow SEC to strip you of (NRSRO status) would be a malfeasance in the filing, not incompetency in the rating."

Excerpt from Financial-Planning.com -- "In behavioral finance, decision-making usually comes down to getting an investor’s rational functions to override impulsive behavior and steer the investor toward better decisions ... Jonathan Haidt ... James called it “the elephant and rider dynamic."

Excerpt from FOX Business -- " ... economist Nouriel Roubini ... said that China faces the risk of a hard landing in coming years as the world economy slows."  Additional coverage appeared on a Financial Times blog, Reuters Africa and Livemint.

Excerpt from GuruFocus -- "As Aswath Damodaran pointed out ... the danger of relative valuation is the mere fact its use makes implicit assumptions on growth."

Excerpt from NPR -- "Wall Street just got to be the place where you went to do your banking, when you went to buy and sell your stocks and bonds. The House of Morgan was here, National City Banks was here. The First National Bank was here." Additional coverage appeared on WNYC.

Excerpt from Bloomberg Businessweek -- "The slowdown in emerging market economies has been moderate so far, Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC, said in a speech in Jakarta today, adding that such economies are strong and resilient."  Additional coverage appeared in Bloomberg Businessweek and two Bloomberg pieces.

Excerpt from The Huffington Post -- "To move the electorate, an effective response requires adopting more rational, scientifically-based communication strategies, regrettably, something missing from the 2010 campaign."

Excerpt from Psychology Today -- "Many of the concepts that we measure in the social world are difficult to measure objectively, in the absence of reference points, so we're compelled to rely on constantly changing yardsticks."

Excerpt from Financial Times -- “The [TRIUM] programme gave [Jeremy] the opportunity to ‘pay close attention to what was going on in the world’ and mull potential business opportunities. Kroll recalls surveying the wreckage of the credit crisis in a class taught by Ingo Walter, professor of finance and corporate governance at Stern.”  Additional coverage appeared in Financial Times, Targeted News Service and The Globe and Mail.

Excerpt from PR Newswire -- "The Smith School's MBA Finance Association presents the Mergers and Acquisitions Competition as its premier fall event. Targeting the nation's top MBA programs, the event's previous champions have represented Notre Dame's Mendoza School of Business (2010), New York University's Stern School of Business (2009) ... "

Excerpt from The Takeaway -- "[Spence] thinks there is a fifty percent chance of the global economy slipping into another recession."

Excerpt from Targeted News Service -- "The students on Hamilton's NYC program attended a lecture at NYU's Stern School of Business, hosted by David Backus '75, a professor of economics at Stern."

Excerpt from National Post -- “If you’re an entertainer, you don’t necessarily have to play to a packed house in Madison Square Garden.”

Excerpt from USA Today -- "Europe is a short-term trading issue ... U.S. investors with any reasonable time horizon should focus on economic indicators and not the yelling about European banks."  Additional coverage appeared on iStockAnalyst.

Excerpt from Bloomberg -- "Nouriel Roubini ... said today there’s a 50 percent risk that the U.S., the U.K. and the euro region will fall into recession in the next 12 months."  Additional coverage appeared on Bloomberg, two CNBC pieces, MarketWatch, Forbes, AFP and Reuters.

With the US unemployment rate hovering around nine percent and the threat of a double dip recession looming, firms are looking for ways to get the most out of a lean workforce. In a new paper by Sinan Aral, NYU Stern Information, Operations and Management Sciences Professor (@sinanaral) and his co-authors Erik Brynjofsson and Lynn Wu of the MIT Sloan School of Management, the professors offer a recipe for increasing worker productivity by as much as 16 percent: invest in a complementary “3-way system” of 1.) information technology, 2.) HR analytics practices and 3.) performance pay.

Excerpt from TIME -- "In today’s New York Times, Jim Stewart advances that argument in great and compelling detail… He quotes an all-star team of sane banking experts–Paul Volcker, former Senator Ted Kaufman, investment legend Henry Kaufman."  Additional coverage appeared in Insurance News Net and Gainsville Sun.

Excerpt from Motley Fool -- "Renowned finance professor and valuation expert Aswath Damodaran has said that the value of a brand is directly correlated with a company's pricing power."

Excerpt from The Spectator -- "Artwork is an uncorrelated asset ... It doesn't relate to anything that happens in other assets, like oil or gold or the price of wheat or corn. That improves its allure."  Additional coverage appeared on Bizcommunity.com.

Excerpt from Reuters -- "For all of the Eurozone countries faced with unsustainable fiscal policies the solution will involve considerable pain in the form of budget cuts, shrinking public sectors and increases in tax collections."  Additional coverage appeared in a Reuters blog.

Excerpt from Bloomberg -- "Europe may need $2 trillion in its rescue fund to fight the debt crisis, more than the 940 billion euros ($1.3 trillion) that governments are said to be seeking, said Michael Spence, the Nobel Prize-winning economist." Additional coverage appeared in Bloomberg Businessweek.

Excerpt from TheDeal.com -- "'He knew more about finance than anyone at that time,' says New York University business professor Richard Sylla about Alexander Hamilton, the first secretary of the U.S. Treasury."

Excerpt from WIRED -- "'It’s a great example of the increasingly sturdy bridge between biology and political science,' said Jonathan Haidt, a New York University psychologist who studies the relationship between disgust and morality."

Excerpt from The Huffington Post -- "Without new development, without new jobs, without growth, the Greek economy will keep going down." Additional coverage appeared in Skal.

Excerpt from Bernews.com -- "Yes, we will get our tax legislation passed. ... And all those guys who are offshore taking advantage of Americans who pay tax–[those companies] who reinsure their affiliated business offshore will eventually have to pay up."