Experience Stern | News & Events

Excerpt from The Real Deal -- "One reason is that EB-5 capital is 'remarkably flexible,' meaning it can be debt or equity, secured or unsecured, and can account for as little as 1 percent of a project’s cost or as much as 100 percent, according to a research paper by New York University professors Jeanne Calderon and Gary Friedland. 'It can contain virtually any features, with few limitations or restrictions imposed by the EB-5 program,' the duo wrote."

Excerpt from Project Syndicate -- "... if current conditions in the advanced economies remain entrenched a decade from now, helicopter drops, debt monetization, and taxation of cash may turn out to be the new QE, CE, FG, ZIRP, and NIRP. Desperate times call for desperate measures."

Excerpt from mbaMission -- "Through Stern Consulting Corps, students can partner on consulting projects with New York City–based nonprofits. And for those who also have the entrepreneurial bug, Stern added a Social Venture Competition—in which participants compete for a $50K prize—to its traditional for-profit $200K Entrepreneurs Challenge."

Excerpt from Ethical Systems -- "Bharara highlighted that collectively, as a society, we see the difficulty of speaking up against higher authorities. In response, there are long-standing legal protections- as early as 1863- when the False Claims Act was promulgated to motivate reporting of cases of fraud against the government, and more recent laws such as Sarbanes-Oxley and the Dodd-Frank Act which provide whistleblower protection."

Excerpt from Marketplace -- "MetLife has always said it’s just an insurance company. Lawrence J. White, professor of economics at NYU’s Stern School of Business, said MetLife has some ground to stand on to argue that it is different from a bank. 'They tend to have more capital which means they are somewhat less leveraged,' he said. ... 'But if they got into trouble, the consequences for the rest of the economy could be substantial,' White said."

Excerpt from CNBC -- "In creating opportunities for businesses to reach consumers directly, Ghose points out that social media has also created opportunities for a wide range of job seekers. He said there is a need for graphic designers who create a platform's look, a need for security specialists who ensure data is protected, a need for app developers for mobile sites and a need for data scientists who mine the platform's data to parse clients whims and wishes."

Excerpt from The Guardian -- "Tensie Whelan, director of New York University’s Center for Sustainable Business, said that while companies should be applauded for switching to BPA-free lining in their cans, they need to make sure they aren’t swapping out one potentially dangerous chemical for another. 'It’ll be critical that they publicly and transparently disclose the substitutes they use and work with scientists, government and civil society to ensure those alternatives are safe as well,' she said."

Excerpt from Fortune -- "With net neutrality ensuring that telecommunications and cable companies will not determine the winner in streaming video, it is now time to experience competition among Netflix, Amazon, Hulu and others, based on their merits, content availability, quality of picture, etc. It is a pity that download caps make video more expensive in wireless competition."

Excerpt from Bloomberg View -- "The book asks deep, difficult questions about the theory and practice of finance and economics, and comes up with interesting answers every time. They're sobering answers too, in many cases, because they show how hard it will be for policy makers to avoid the next crisis."

Excerpt from The Wall Street Journal -- "... a recent study by Jonathan Haidt of New York University showed that 96% of social psychologists identify as left of center, 3.7% as centrist/moderate and only 0.03% as right of center."

Excerpt from The New York Times -- "Scott Galloway, a professor of marketing at New York University’s Stern School of Business, said Amazon would one day go even further by analyzing customer shopping patterns and proactively sending people replenishments of common household items. 'I think that’s where this is all headed,' he said. 'I will get a box once a week with stuff they figure I need.'"

Excerpt from Financial News -- "For a while 2015 looked like a year that would signify the end of the post-crisis slump for the banks: mergers, equities, debt and leveraged buyouts all were firing away, and some predicted that the long wait for a profits recovery would soon be over. But, the first quarter data shows it was not to be. The oil glut rattled stock, debt and currency markets and recession fears forced unexpected credit write-downs."

Thanks to the generosity of NYU Trustee Larry Silverstein, Arts ‘52, New York University Stern School of Business has established the William R. Berkley Scholars Fund, and provides $1 million endowed scholarship to support high-achieving, low-income students admitted to the Undergraduate College.

Excerpt from TopMBA -- "'The financial results of companies that operate in the luxury sector have piqued MBA students' interest. Many more people wish to understand why is it that these companies can weather most financial crises practically unscathed,' reflects Thomaï Serdari, a professor specializing in luxury brands at NYU Stern. She notes that after the school introduced the specialization, there was increasing interest in high-end product development across the board – quality and prestige, it seems, will always out."

Excerpt from The Washington Post -- "Scott Galloway, a professor at NYU's Stern School of Business, said that tech companies 'age in dog years, so the founders are usually still alive. By the time a [consumer-packaged goods] company goes through maturity and decline, they're talking to the grandkids. Some of it is just the pace of the lifecycle.'"

Excerpt from China Radio International -- "I would characterize the response to the negative interest rates as relatively tepid, if you will. The stock market did not jump up as a reaction to that January 29th move, and actually, if anything, the currency strengthened, which is a little unusual to see with the cut in interest rates."

NYU Stern’s Center for Sustainable Business, VICE Media and Collectively co-hosted the Future Jobs Fair on Wednesday, March 30. NYU and Stern students had the opportunity to share their ambitions on the future of work, design their perfect job of the future, and gain insights and skills into what the world of work will look like. 

Excerpt from Bloomberg -- "Well, we follow this in a high frequency way. We have a way of doing our own little stress test that we do for about a thousand banks around the world every week. So we can follow what's happening--how's the capital adequacy look for these banks? And actually you can see it on the Internet on V-Lab. So what do we see? What we're seeing is that Europe has improved its balance sheets moderately. It's particularly true in Germany and Italy. But France and UK have stayed pretty flat, and we're not seeing much improvement there."

Excerpt from Medium -- "You have to see politics as occurring at multiple levels simultaneously. Just as at a university we’ve got psychologists studying individual experiences, we’ve got neurologists studying neurons, we’ve got political scientists and sociologists studying emergent phenomena, that’s what you have to do to study politics. If you look at the history, if you look at the higher‑level constructs, yeah, it’s bizarre what’s happening. It’s unprecedented, and people expected the past to predict the future. But what if the emerging social constructs of the Republican Party have been getting progressively out of tune with the moral intuitions and the psychology of the voters? I think that’s what we have seen happening."

Today New York University Stern School of Business announced the establishment of The Marie-Josée and Henry R. Kravis Family Scholarship, made possible through a $1.8 million gift from The Marie-Josée and Henry R. Kravis Foundation. This scholarship will support high-achieving, low-income students who are admitted to Stern’s Undergraduate College for Fall 2016. Recipients will be known as The Marie-Josée and Henry R. Kravis Scholars.

Excerpt from Marketplace -- "'Smartphone gaming doesn’t make nearly as much profit margin,' said Melissa Schilling, a professor of management and organizations at NYU’s Stern School of Business who focuses on technology strategy. 'It doesn’t mean that Sony can’t be successful in this market, but it’s going to have to work a lot harder at it.'"

Except from The Guardian -- "'GMOs is not a topic front and center for the consumer to begin with, in spite of the lobbying,' said Taparia. 'The fact it’s happening across so many brands at the same time, it’s probably going to take the wind out of the sails of the non-GMO movement.'"

Excerpt from Bloomberg -- "I think Wall Street's so used to companies feeding analysts performer numbers, Pro Forma EBITDAs. 'Trust us. We're going to add this stuff back. Whether it is restructuring expenses, stock-based compensation, it's going to go away.' And analysts take companies at their word. Companies are going to keep feeding them numbers and Valeant in a sense has taken advantage of that. So when analysts complain about being taken to the cleaners, my response to them is you got what you deserved. Because I think they did exactly what analysts wanted them to do for a while and now it's blowing up in their faces." 

Excerpt from Bloomberg -- "Like the taxicab industry before it, the ride-hailing business can lend itself to guerrilla tactics... 'You put all these together, and the street fighting isn't hugely surprising,' said Arun Sundararajan, a professor at New York University's business school."

Excerpt from TIME -- "Polls are close but swinging toward exit. The danger is that with the public divided, the passion of the anti-Europe side will carry the day. The cold economic logic favoring remaining in the union won’t do much to excite voters who are seeing constant headlines about how Europe is falling apart. Prime Minister David Cameron has acknowledged as much, saying this month that his biggest concern was low voter turnout for the 'in' campaign."