Stern in the News: February 2011
In February, NYU Stern generated nearly 650 media hits. Stern faculty were featured for their research and perspectives on a variety of subjects including systemic risk, entrepreneurship, CEO compensation, the flash crash and Middle East unrest in a number of prominent outlets such as CNBC, The Economist and The Wall Street Journal. Additionally, in 51 op-eds, Stern faculty discussed the Deutsche Boerse-NYSE Euronext merger, public sector unions, QE2, employee activism and the economic and intellectual benefits of cities.
Please continue reading for news highlights from February 2011.
Faculty Research & Accolades |
Forbes.com: “How to Tell if Your Company is Ready for the Cloud” |
Professor Arun Sundararajan’s co-authored study, examining the organizational requirements for a company to successfully migrate their operations to the cloud, was featured on the Cloud Power blog. |
MarketWatch: “The Rise of the Closet Indexers” |
Professor Antti Petajisto’s research, finding an increase in the number of “closet index funds,” or funds which are portrayed as being actively managed but actually adhere to an index, was cited. His co-authored research finding that actively managed funds have persistent strong performance was cited on AllAboutAlpha.com. |
The Wall Street Journal: “Top Economists Offer Map for Better Bank Stress Testing” |
Professor Kermit Schoenholtz’s co-authored proposal arguing for a system-wide approach to banking sector stress tests was featured in the Real Time Economics blog, two Bloomberg pieces, Bloomberg Businessweek and three other outlets. |
The New York Times: “After Exposé, Filmmaker Sees Little Change on Wall Street” |
Professor Nouriel Roubini’s appearance in the Oscar-winning documentary Inside Job was highlighted in the Dealbook blog. An index which correlates his popularity to the stock market’s performance was featured on Business Insider. His invitation to join the board of Nicolas Berggruen’s new buyout fund was featured in Citywire, a Forbes.com blog, a Wall Street Journal blog and three other outlets. |
The Wall Street Journal: “Nassau Seeks a Probe of County Crime Lab” |
Professor Eric Dinallo was asked by the Nassau County district attorney to investigate a shuttered county crime lab, with additional coverage in two Newsday pieces, NBC New York and five other outlets. His former role as New York insurance superintendent was cited on Westlaw News and Insight. |
Economic Voice: “China Shakes the Art World” |
Professor Michael Moses’s co-developed Mei-Moses Art Index was cited, with additional coverage on Minyanville.com. |
CNN Money: “The World’s Top Business Professors Under 40” |
Professors J.P. Eggers and Stijn Van Nieuwerburgh were featured as two of the world’s 40 best business school professors under the age of 40, with additional coverage in three Poets & Quants pieces. |
The Globe and Mail: “Looking for Value in a Pricey Market” |
Professor Aswath Damodaran’s research on value investing was cited. |
All About Alpha: “‘Battle of the Quants’ 2011” |
Professor Vasant Dhar was highlighted for his participation in “The Battle of the Quants” on February 16. |
Bloomberg: “Europe Putting Off Inevitable Restructuring, NYU's Altman Says: Tom Keene” |
Professor Edward Altman applied his Z-metric, which measures the probability of bankruptcy, to the indebted European nations. His credit scoring models were applied to emerging markets in Business India. |
Variety: “MGM Names Ken Shapiro COO” |
Professor Amir Malin was cited as a co-founder of Qualia Capital, with additional pick-up in a Los Angeles Times blog, Deadline.com and TheWrap.com. |
Washington Examiner: “Sunday Reflection: Note to Sen. Simpson: Hurling Insults Won't Cut Spending” |
Baumol’s Disease, a concept developed by Professor William Baumol to explain why productivity cannot improve in certain jobs and industries, was applied to federal spending. |
Globes: “Entrepreneurship in Israel is Declining” |
Professor Ehud Menipaz’s research on the declining levels of entrepreneurship and entrepreneurship investment in Israel was cited. |
The Economist: “The Contemporary Keynes” |
Professor Nouriel Roubini was nominated as one of five economists with the most important ideas in the post-crisis world. His recommendation of Raghuram Rajan’s book, Fault Lines, was cited in Bloomberg Businessweek. |
U.S. News & World Report: “Bad Times May Seem Worse if You Expect to Repeat Them” |
Professor Tom Meyvis’s co-authored research, finding that a person’s recall of an unpleasant experience is less negative if they do not expect to repeat it, was featured, with additional coverage on American Psychological Association, PsychCentral.com and three other outlets. |
The New York Times: “Johnny Reb Economics” |
Professor Amity Shlaes’s book, The Forgotten Man, was referenced, with additional coverage in American Thinker. Her discussion of the book at Rhodes College was featured in The Commercial Appeal. She was cited in an article about the career of her husband, Seth Lipsky, on Jewish Press. She was cited as a potential candidate for the New York senate race on Politics Daily. |
Seeking Alpha: “Fixing Dodd-Frank: 3 Targets” |
Professor Viral Acharya’s research on securitization risks was referenced. His co-authored research on the effect of bankruptcy codes on firms’ capital structure was featured in Investment Weekly News. |
Bloomberg Businessweek: “Risky Businesses” |
The NYU Stern Systemic Risk Rankings and Nobel Laureate Professor Robert Engle were cited in an infographic on investment risks, with additional pick-up in The Motley Fool. |
The Washington Post: “Career Coach: The Wrong Tone Can Spoil the Message” |
Professor Ronni Burns’s book, Communication Essentials, was featured. |
Investment Weekly News: “New International Finance Research Has Been Reported by Scientists at New York University” |
Professor Richard Levich’s co-authored research on currency fund managers, finding that a manager’s alpha in one year is not related to his or her alpha in the previous year but investment styles tend to persist, was featured. |
Investment Weekly News: “Reports from New York University Advance Knowledge in Investment” |
Professor Thomas Philippon’s study on human capital allocation, which cites previous work by Professor Paul Romer, was featured. |
Economics Week: “Researchers at New York University Have Published New Data on Economics” |
Professor Michael Waugh’s co-authored research on trade frictions between rich and poor countries was featured. |
Financial Times: “Future Cities Need to Hand Over the Keys” |
Professor Paul Romer was featured for his “new growth” theory and his case for charter cities, with additional pick-up on CFR.org and two other outlets. His co-authored paper on accounting fraud was cited on TheRealNews.com. His paper on trade liberalization was cited on VoxEU.org. His research on the importance of ideas and innovation in stimulating economic growth was highlighted on TechDirt.com and Inc.com. |
Forbes.com: “Study Turns Risk/Reward Relationship on its Head” |
Professor Jeffrey Wurgler’s research, finding that low-risk portfolios can lead to higher returns, was highlighted in the Full Disclosure blog, with additional coverage on The Guru Investor. |
The Australian: “Most Universities Below Par on Research” |
Professor Stephen Brown’s co-authored report on the research performance of Australian universities was featured. |
Bloomberg: “Lazard Brings Back Rosenfeld as Vice Chairman of US Investment Banking” |
Member of the NYU Stern Board of Overseers and Professor Gerald Rosenfeld (ENG ’73) was featured as Lazard Ltd’s new strategic advisor and a vice chairman of US Investment Banking, with additional coverage on a New York Times blog, a Wall Street Journal blog and three other outlets. |
Bloomberg Businessweek: “Mechanical Serfdom is Just That” |
Professor Panagiotis Ipeirotis’s research on Amazon’s Mechanical Turk was cited, with additional pick-up on MSN Money. |
CBS Moneywatch: “Michelle Obama Won’t Be Hemmed in by a Dress Choice” |
Professor David Yermack’s research on how Michelle Obama’s fashion choices move markets was featured, with additional pick-up on SodaHead.com. |
The Economist: “Economics' Most Influential People” |
Professors Viral Acharya and Nouriel Roubini were cited as influential economists in the Free Exchange blog. |
The Jerusalem Post: “Right of Reply: Size Doesn’t Matter; Effectiveness Does” |
Nobel Laureate Professor Michael Spence’s leadership of the Commission on Growth and Development was cited. His 2001 Nobel Prize in Economics was cited in The Miscellany News. |
Boardmember.com: “Skin in the Game” |
Professors David Yermack and Rangarajan Sundaram’s research, examining the relationship between CEO compensation structure and the probability of company default, was featured. |
Faculty Speaking Engagements |
R&D Magazine: “Infrastructure Summit: Transportation’s Primed for Change” |
Professor Vijay Vaitheeswaran moderated a panel entitled “Super Highway: Transport in the Twenty-First Century” at The Economist’s Intelligent Infrastructure conference on February 16, and was interviewed on electric vehicles on BigThink.com and SmartPlanet.com. He was highlighted as a key speaker for the Canadian Nuclear Association’s Annual Conference and Trade show, held February 23-25, in Daily Commercial News and Construction Record. |
FreePress.Net: “New Research Highlights the Value of Public Media” |
Professor Matthew Powers’s panel discussion of his co-authored research entitled “Public Media and Political Influence: Lessons for the Future of Journalism From Around the World” was publicized, with additional pick-up on New America Foundation. |
The San Diego Business Journal: “A Cut Above” |
Professor Scott Galloway was highlighted as a speaker at the Gemological Institute of America’s Symposium 2011, scheduled for May 29-30, and was cited as the founder of online retailer Red Envelope. His presentation on trends in digital competence, given at the George Washington University School of Business on January 20, was picked up on YouTube. His talk entitled “The New Currency of Celebrity,” given at the MAGIC Select luncheon in February, was highlighted on DigitalJournal.com. His talk at the January 2011 Digital-Life-Design conference in Munich was picked up on YouTube. |
GuruFocus.com: “Richard Bernstein's Comments at Schwab Investment Outlook 2011” |
Member of the NYU Stern Executive Board and Professor Richard Bernstein’s (MBA '87) remarks at the Charles Schwab 2011 Investment Outlook were featured. |
Crain’s New York Business: “The US Debt: Our Bequest to the Next Generation - A CEO Trust Global Event” |
Professor Marc Hodak discussed US debt at CUNY Baruch College on February 9. |
PRLog.com: “PolyU hosts Journal of Contemporary Accounting and Economics Symposium” |
Professor Eli Bartov was highlighted for speaking at the Journal of Contemporary Accounting and Economics Symposium on January 5. |
Market News International: “US News Events Calendar” |
Nobel Laureate Professor Michael Spence’s scheduled participation in the IMF’s conference on March 7-8 and NYU Stern's February 28 event with President and CEO of the Federal Reserve Bank of New York William Dudley were highlighted. |
Lusa: “Culture: Mia Couto, Fukuyama and Pujol Conference in May in Estoril” |
Professor Nouriel Roubini's participation in the second annual Estoril Conference from May 4-6 was highlighted. He spoke about the global economy and its effects on the real estate market at the MIPIM 2011 conference held March 8, according to Property Magazine. His participation in the Russia Forum on February 2 was highlighted on RIA Oreanda-News and SKRIN Newswire. |
Stern's Programs & Community |
CNBC: “Fed Far From Satisfying Mandate: Dudley” |
In a speech given at NYU Stern, President and CEO of the Federal Reserve Bank of New York William C. Dudley shared his outlook on the US Economy, with additional coverage in three CNBC pieces, three Reuters pieces, a Wall Street Journal blog and ten other outlets. |
Targeted News Service: “Graduate Team Challenged in International Ethics Competition” |
NYU Stern students’ participation in the Aspen Institute’s 2011 Business and Society International MBA Case Competition was highlighted, with additional pick-up in States News Service. |
Financial Times: “Behind the Scenes in the Career Development Office” |
MBA student Chloe Weisberg shared her insights on the NYU Stern Office of Career Development in the MBA blog. She shared her experience participating in one of Stern’s “Doing Business In…” programs in another Financial Times blog. |
Indianapolis Business Journal: “Court OKs Reorganization Plan for Hoosier Park Owner” |
Member of the NYU Stern Executive Board Steven Zelin (MBA ’91) shared his thoughts on Centaur LLC’s bankruptcy exit plan. |
The Wall Street Journal: “John Paulson Goes Mano a Mano With Alan Greenspan” |
Member of the NYU Stern Board of Overseers John Paulson (BS ’78) and Former Federal Reserve Chairman Alan Greenspan (BS ’48, MA ’50, PhD ’77, Honorary Doctorate of Commercial Science ’05) discussed the economic recovery in an event at NYU Stern on February 17, with additional pick-up in a New York Times blog. MBA student Henry Chen and undergraduate student Dane Viljoen shared their thoughts on the event in Washington Square News. |
The Wall Street Journal: “AIG 'Not Well-Capitalized,' May Take More Charges, Rival Says” |
Vice Chairman of NYU Trustees and Chairman of the Stern Board of Overseers William Berkley (BS '66) shared his thoughts on American International Group’s aggressive pricing of insurance policies. He remarked on the impact of the Australian cyclone and floods on the worldwide insurance industry on Westfair Online. He gave a talk at the Bank of America-Merrill Lynch 2011 Insurance Conference on February 15, reported TheStreet.com. His company W.R. Berkley Corp.’s performance was featured on CTPost.com and Seeking Alpha. |
The Huffington Post: “MBA Programs Must Deliver Grads Ready for Global Careers” |
The Stern Women in Business (SWIB) Conference was highlighted for engaging MBA students in global issues. |
The Huffington Post: “Trade in Your Bonds for Equities” |
NYU Life Trustee and Chairman Emeritus of the NYU Stern Board of Overseers Henry Kaufman (PhD ’58) was cited for formerly publishing an annual supply and demand study for bond market funds. |
The New York Times: “Even Paulson’s Friends Pitied His Subprime Bet” |
Member of the NYU Stern Board of Overseers John Paulson (BS '78) was cited for his investment picks and his hedge fund’s performance in more than 100 international and national outlets. |
The Wall Street Journal: “Salaries on the Rise For B-School Grads” |
Assistant Dean of Career Services and Leadership Development Pamela Mittman described the cautious optimism of companies in an article on rising salaries for MBA graduates. |
The Wall Street Journal: “A Corporate Trailblazer Goes for Grammy Gold” |
NYU Trustee, Member of the NYU Stern Board of Overseers and Executive-in-Residence Chandrika Tandon was featured for her Grammy nomination, with additional pick-up on Bloomberg, BBC News, Malaysia Star and three other outlets. A photo of her playing the Tambura was featured on a Wall Street Journal blog. |
CNBC: “Langone on NYSE/Deutsche Boerse Merger Talks” |
Vice Chairman of NYU's Board of Trustees and Vice Chairman of the NYU Stern Board of Overseers Kenneth Langone (MBA '60) suggested that the primary purpose of the Deutsche Boerse-New York Stock Exchange Euronext Merger is to cut costs. Bloomberg highlighted his attendance at a benefit for the Everglades Foundation in Palm Beach, FL. |
Washington Square News: “Stern Entrepreneurs Challenge Offers Up to $100k in Seed Funding” |
Professor Jeffrey Carr and alumna Susan Zheng shared their thoughts on NYU Stern’s Entrepreneurs Challenge. |
HedgeWeek: “CastleRock Asset Management Launches Inaugural Newcits” |
Member of the NYU Stern Board of Overseers Paul Tanico (BS ’77) was referenced as co-founder of CastleRock in an article on the company’s inaugural newcits fund. |
Austin Business Journal: “Yahoo Exec Named Cinsay CIO” |
Member of the NYU Stern Board of Overseers Michael Jay Solomon (Parent '99) was cited as a member of the e-commerce software firm Cinsay’s board. |
CNBC's Squawk Box: “Degrees of Debt: MBA” |
As part of a trend story on the ROI of an MBA, NYU Stern alumni Natalya Kasatova, Brett Gering and Stephanie Smeriglio discussed the value of their degrees. |
Bloomberg Radio: “Licata Discusses Apache's Production in Egypt” |
Executive MBA student John Licata was interviewed on Apache Corporation’s operations in Egypt. Moneynews.com featured his predictions on prices for oil and gold. His comments on natural gas prices were featured on BNN.ca. His thoughts on the price trajectory of gold were cited on CNBC. |
Trends: “Profile, ‘Hi, How Are You Doing Today?’” |
PhD student Sophie Bacq was featured for her decision to study abroad at NYU Stern. |
Bloomberg Radio: “Taking Stock” |
Undergraduate student Elizabeth Jeong was interviewed on winning first place at the Traders Trophy competition. |
Fast Company: “For Building a Bean-to-Bar Chocolate Company in One of the Poorest Countries in the World” |
The 2008 winner of the NYU Stern Social Venture Competition, Madécasse, developed by Tim McCollum (MBA '07), Brett Beach and Brian McCollum, was named one of the World's 50 Most Innovative Companies. |
Expert Commentary from Faculty |
VoxEU.org: “Overseeing Systemic Risk” |
In an op-ed, Professors Viral Acharya, Thomas Cooley, Nobel Laureate Robert Engle and Matthew Richardson used the NYU Stern Systemic Risk Rankings to determine which 10 financial firms currently contribute the most systemic risk, with additional pick-up in The Economist blog, a Wall Street Journal blog, a Financial Times Alphaville piece and nakedcapitalism.com. |
Forbes.com: “Why Public Sector Unions Will Go the Way of Private Sector Unions” |
In a co-authored op-ed, Professor Thomas Cooley argued that the old-fashioned mindset of today’s public sector unions stifles growth and competition, discouraging workers from wanting unionized jobs. His reaction to president and CEO of the Federal Reserve Bank of New York William C. Dudley’s speech at NYU Stern on February 28 was featured on CNN Money. |
The Wall Street Journal: “He Wielded Ax in Bankruptcies” |
Professor Edward Altman remembered the controversial bankruptcy strategies of Sanford Sigoloff. Bloomberg TV interviewed him on the US and EU debt markets. A New York Times blog reported his bullish view on default rates, shared at the Turnaround Management Association’s New York Chapter lunch on February 16, with additional coverage in a Wall Street Journal blog. |
Hollywood Reporter: “CBS Corp. Touts Financial Upside of Emerging Businesses” |
Professor David Poltrack said that owners of popular content are in a position of power with the new digital video distribution options. |
CNBC’s Squawk Box: “Taking on Emerging Risks” |
Dean Peter Henry was interviewed on the Middle East crisis and its effect on emerging markets. |
Bloomberg: “Wisconsin’s War With Union Represents Progress” |
In an op-ed, Professor Amity Shlaes described Wisconsin Governor Scott Walker’s plan to reduce public union power as “overdue,” with additional pick-up in Bloomberg Businessweek, The San Francisco Chronicle and UnionLeader.com. In two separate op-eds for Bloomberg, she discussed the Deutsche Boerse-New York Stock Exchange Euronext merger and parents who oppose vaccination, with additional pick-up in two Bloomberg Businessweek pieces, a New York Times blog and seven other outlets. Her op-ed on behavioral changes that could strengthen the US economy was picked up by The Arizona Republic, The Orange County Register, The Atlanta Journal-Constitution and four other outlets. Her op-ed on Calvin Coolidge's thriftiness appeared on National Review Online. |
The Economist: “The Economist and InnoCentive Announce a Winner in Reverse Climate Change Challenge” |
Professor Vijay Vaitheeswaran commented on the winner of The Economist-InnoCentive Reverse Climate Change Challenge for which he served on the advisory board. |
LiveMint.com: “Are Exchange Mergers Always Good?” |
Professor Marti Subrahmanyam warned that when it comes to mergers, “bigger is better” does not always apply. |
Australian Financial Review: “Germany Flags the Future on Wall Street” |
Professor Stephen Brown compared the planned Deutsche Boerse-New York Stock Exchange Euronext merger with the Singapore Exchange’s previous takeover of the Australian Securities Exchange. |
Investment News: “Wealthy Could Get Slammed by Proposed Tax Changes” |
Professor Robert Gordon discussed the effects of the Obama administration’s tax proposals on wealthy Americans. |
Financial Times: “US Panel on Flash Crash Urges Rule Changes” |
Nobel Laureate Professor Robert Engle shared his thoughts on ways to prevent another flash crash, with additional pick-up on CNBC, The Huffington Post, two Reuters pieces and eight other outlets. |
Le Monde: “The NYSE-Euronext and Deutsche Börse Merger Worried the Financial Community” |
Professor Philipp Schnabl discussed the Deutsche Boerse-New York Stock Exchange Euronext merger, with additional pick-up on CNN. |
The Los Angeles Times: “Derivatives Business is Driving Deal for NYSE” |
Professor Menachem Brenner said that most of the business on the New York Stock Exchange has long moved beyond stocks, with additional coverage on Slate.com. |
MarketWatch: “How to Short the US Government” |
Professor Robert Whitelaw explained the popularity of inverse Treasury exchange-traded funds. |
The New York Times: “For Egypt, a Fresh Start, with Cities” |
Professor Paul Romer discussed the economic and intellectual benefits of cities, with additional pick-up in The Huffington Post. His quote, “a crisis is a terrible thing to waste,” was cited in The Washington Times. His case for “charter cities” was cited on Citizen Economists. His thoughts on the prospects of building a “charter city” in Honduras were featured in two Wall Street Journal pieces, The Australian, The Nation and pslweb.org. |
American Chronicle: “Is Pujols Worth It?” |
Professor David Yermack commented on St. Louis Cardinal Albert Pujols’s desired salary. |
Institutional Investor: “Making the Trade-off Between Risk and Return” |
Professor Lasse Pedersen shared his thoughts on why high-risk securities may produce lower returns than expected, with additional pick-up on emii.com. |
Project-Syndicate.org: “The Evolving Structure of Global Growth” |
In a co-authored op-ed, Nobel Laureate Professor Michael Spence and Research Assistant Sandile Hlatshwayo described how global economic growth has changed since World War II and underlined the complex challenges facing the world economies, with additional pick-up in Japan Times, The Malta Independent and nine other outlets. Professor Spence predicted a growing capital shortage on Business Day. In two separate pieces for BigThink.com, he applied the economic concept of “signaling” to Valentine’s Day and commented on the challenge to secrecy posed by Wikileaks. |
Barron’s: “Despite Dissent, QE2 Sails On” |
Professor Anthony Karydakis noted the likelihood that a temporary rebound of the US economy has contributed to the quieting down of critics of QE2, the Fed’s bond-buying program. |
Bloomberg: “Hollywood Finds Wall Street Open for Buyout, Film Lending Again” |
Professor Amir Malin explained how the financial crisis caused many banks to exit the film financing market. |
CNBC: “Week Ahead: New Bulls Running With the Herd Drive Stocks Higher” |
Member of the NYU Stern Executive Board and Professor Richard Bernstein (MBA '87) said that positive US economic news had more of an effect on stocks than the uprising in Egypt. His thoughts on the growth of small cap stocks were featured on Reuters and Gulf News. He gave the US economy a positive outlook in USA Today, with additional pick-up in Tucson Citizen. |
The Economist: “Gradual Steps Should be Taken to Avert an Abrupt Crisis” |
In an invited guest post, Professor Viral Acharya responded to the question, “How close is America to fiscal crisis?” In an op-ed for Global Financial Strategy News, he considered whether Dodd-Frank could have prevented the financial crisis. His assertion that legislators seeking to reform Fannie Mae and Freddie Mac faced a Catch-22 was featured in The Times. His thoughts on government-sponsored enterprises were cited in American Banker and BankInvestmentConsultant.com. |
The Wall Street Journal: “How to Handle Employee Activism: Google Tiptoes Around Cairo's Hero” |
Professor Robert Salomon explained that US companies are unable to prevent their employees from engaging in activism, referring to Google manager Wael Ghonim’s activism in Cairo. |
The Wall Street Journal: “Planned Deal Marks NYSE's Decline” |
Professor Richard Sylla commented on the historical context surrounding the purchase of the New York Stock Exchange by a German exchange, with additional coverage on CNBC and Reuters. He was interviewed on the common, erroneous belief that Alexander Hamilton is a former US president on The Huffington Post. He spoke on the downsides of conglomerates on IDG News Service. His advice for companies to make investments based on commercial potential and not for tax reasons was highlighted in The New York Times, a Reuters blog and two other outlets. |
The Los Angeles Times: “New Marketplaces Match Buyers and Sellers of Private Firm Shares” |
Professor Aswath Damodaran noted the difficulty of protecting investors from the activities of private companies. He debunked the notion that companies are holding on to too much cash on Seeking Alpha. His comments on augmented dividends and the shift from stock dividends to stock buybacks were featured in two Motley Fool pieces. |
The New York Times: “SEC Seeks to Reduce Reliance on Credit Ratings” |
Professor Lawrence White underlined the importance of the Securities and Exchange Commission’s attempt to reduce its reliance on credit ratings in the Dealbook blog. He commented on the role of bodegas in low-income neighborhoods in Washington Square News. He called the current distribution of mortgage servicer ratings problematic in American Banker. He pointed out the effects of regulation agencies missing the deadlines set by the Dodd-Frank Act in American Banker and BankInvestmentConsultant.com. |
Bloomberg TV: “Galloway Says Zuckerberg Dispelled ‘Toddler CEO’ Image” |
Professor Scott Galloway shared his thoughts on the trend towards younger CEOs. |
efinancialnews.com: “Fixing Europe’s Banks Comes First” |
In an op-ed, Professor Roy Smith proposed a method of restructuring Europe’s banks. He commented on Barclays Plc’s sale of Del Monte Foods Company in two Bloomberg pieces, Bloomberg Businessweek and The San Francisco Chronicle. He shared his thoughts on the discontent among Sara Lee Corporation’s shareholders on Bloomberg and Bloomberg Businessweek. He said that the Deutsche Boerse-New York Stock Exchange Euronext merger indicated a fully globalized financial market on Forbes.com, Los Angeles Daily News, The Wall Street Journal and fifteen other outlets. |
PR Week: “Pepsi Max Doubles ‘Crash the Super Bowl’ Buzz, Touts Sales” |
Professor Peter Land commented on PepsiCo’s “Crash the Super Bowl” consumer-generated commercials. |
Financial Times: “Stagflationary Risks From the Arab Street” |
In an op-ed, Professor Nouriel Roubini discussed the stagflation risks stemming from political unrest in the Middle East, with additional coverage in a Financial Times blog, El Economista and MoneyControl.com. His co-authored op-ed on living in a G-Zero world appeared in USA Today with additional coverage in two CNBC pieces, CPI Financial and eight other outlets. He wrote another op-ed on living in a G-Zero world for Project-Syndicate.org, with additional pick-up in Turkish Weekly, The Korea Herald and three other outlets. He discussed his outlook for the global economy in an exclusive interview on Intelligent Investing with Steve Forbes. His recommendation for Mario Draghi to be the next president of the European Central Bank was cited on CNBC and The New York Times. He shared his thoughts on unrest in the Middle East and rising food, oil and energy prices in four Bloomberg pieces, two Bloomberg Businessweek pieces, CNBC, Financial Times, NPR, US News & World Report and eight other outlets. His thoughts on the US economy, US fiscal policy, international economic relations and the balance of world power were cited in six CNBC pieces, Bloomberg, Bloomberg Businessweek, Crain’s New York Business and nine other outlets. He was further cited on the European debt crisis, India’s economy, his economic outlook for emerging markets and a variety of other subjects in 15 additional outlets. |
Deutschlandfunk (German radio) |
Professor Glenn Okun was interviewed regarding the prospects for technology company initial public offerings (IPO) in 2011. |