Faculty News

Prof. David Yermack on how Michelle Obama's fashion choices influence the stock market

Excerpt from StatePress.com -- “The influence on the market by the first lady has surprised everyone. At the State of the Union address in a few weeks, there will be people keenly interested in what Michelle wears.” Additional coverage appeared on TheGrio.com.
Faculty News

Prof. Nouriel Roubini is one of six people followed by Rupert Murdoch on Twitter

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Excerpt from New York Observer -- "Currently his list counts him following four of his own publications, former Village Voice intern Esther Zuckerman, Mark Pincus, Radiolab’s Jad Aumrad, economist Nouriel Roubini, Peggy Noonan, Eric Cantor, Jack Dorsey, a director of MOBY as well as the accounts for AllThingsD and the conservative group Ricochet."
Faculty News

An interview with Prof. Evan Shapiro on the IFC's philosophy and strategy

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Excerpt from Entrepreneur -- "TV watching has actually increased by 25 percent over the past five years. People have found an additional hour for TV per day. The Web has actually enabled our audience to find and watch more TV that they love." Additional coverage appeared in MovieWeb.com and CableFax.com.
Faculty News

An op-ed by Stern faculty authors of "Guaranteed to Fail" on putting an end to Fannie and Freddie

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Excerpt from Forbes -- "We propose an innovative 'side-by-side' transition plan in which Fannie and Freddie will be phased out of existence: through a combination of a decrease in their investment holdings and an increase in the fees that they charge for their guarantees on their MBS."
Faculty News

Prof. Richard Sylla is pictured at a Museum of American Finance event

Excerpt from Bloomberg -- "Richard Sylla, chairman of the Museum of American Finance and an economics professor at New York University's Stern School of Business, with Usman Nabi and Arik Ruchim, partners in H Partners, which invests in distressed companies."
Faculty News

Nobel Laureate Prof. Michael Spence's book, "The Next Convergence," is cited

Excerpt from Slate -- "... Michael Spence's "The Next Convergence" is largely about the crisis we should have had ..."
Faculty News

Prof. Jonathan Haidt's research on the role of in-group loyalty in politics is referenced

Excerpt from The Economist -- "According to Jonathan Haidt, a professor of psychology at the University of Virginia, in-group loyalty plays a much larger role in the moral judgments of conservatives than those of liberals." Additional coverage appeared in The Atlantic.
Faculty News

Prof. Amir Malin on Hollywood's new found-footage trend

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Excerpt from Los Angeles Times -- "There's always a side of us that wants to believe we really are in that bedroom or in that situation with the characters."
Faculty News

Prof. Edward Altman's data on company bankruptcies is highlighted

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Excerpt from The Wall Street Journal -- "Between 2007 and 2011, more than 60 companies commenced 'Chapter 22' bankruptcy cases, according to the most-recent data compiled by Edward Altman, a New York University finance professor." Additional coverage appeared in Digital Journal.
Faculty News

Prof. Greg Coleman is cited as an active adviser of BuzzFeed

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Excerpt from The New York Times blog -- "Also on Monday, BuzzFeed said that its other co-founder, Kenneth Lerer, has become the company’s executive chairman; Patrick Kerins, the general manager of New Enterprise Associates, has joined the company’s board; and Greg Coleman, a former president of The Huffington Post, has become an active adviser."
Faculty News

Prof. Paul Romer's research on accounting fraud is referenced

Excerpt from Benzinga -- "George Akerlof and Paul Romer published their famous article in 1993 ('Looting: the Economic Underworld of Bankruptcy for Profit')." Additional coverage appeared in CreditWriteDowns.com.
Faculty News

A lecture by Dean Geeta Menon at Madras Christian College is highlighted

Excerpt from Deccan Chronicle -- "Dr. Geeta Menon, Dean of Stern School of Business, New York University and alumna of MCC delivered a lecture on ‘Business: Past, Present and Future’ as part of World Class Business Education Programme."
Faculty News

Prof. Greg Coleman is cited as a new BuzzFeed adviser

Excerpt from The Atlantic Wire -- "In addition to Lerer, who will now be executive chairman of BuzzFeed, former president of HuffPost Greg Coleman is coming on as an adviser as well." Additional coverage appeared in PR Web, Gawker, two All Things Digital pieces, MediaBistro, AdWeek, Business Insider, AdAge.com, VentureBeat, New York Daily News and TechCrunch.
Faculty News

Prof. Thomas Philippon on the banking industry's share of US GDP

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Excerpt from Financial Times -- "Thomas Philippon, a professor at New York University’s Stern School, estimates that the industry’s share of US gross domestic product rose from about 3 per cent in 1950 to more than 8 per cent in 2010." Additional coverage appeared on Today Online.
Faculty News

Nobel Laureate Prof. Michael Spence's book, "The Next Convergence," is cited

Excerpt from IESE blog -- "People don’t really care about growth in any direct sense … people universally care more about spiritual things: values, religion, their relation with the rest of humanity."
Faculty News

Prof. Panos Ipeirotis's research on user-generated online product reviews is featured

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Excerpt from O'Reilly Radar -- "The reviews have a significant effect. When buying online, customers are not only purchasing the product, they're also inherently buying the guarantee of a seamless transaction."
Faculty News

An op-ed by Prof. Roy Smith on Citigroup CEO Vikram Pandit

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Excerpt from Financial News -- "Perhaps it is time to spin off the investment bank to shareholders – just as Harvey Golub, a newly appointed chief executive of American Express, did with Shearson Lehman’s troubled investment bank in 1994."
Faculty News

Prof. Daniel Altman forecasts urban "lifestyle hubs"

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Excerpt from BigThink -- " ... as Big Think's chief economist Daniel Altman has forecast, a new set of 'lifestyle hubs' will gradually replace today's business hubs. The more the air stinks in these cities will only speed up this process."
Faculty News

Prof. Aswath Damodaran on the value of RIM, the maker of the Blackberry

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Excerpt from Forbes -- "Damodaran is arguing that RIM should give up and that by giving up it will realize more value for shareholders than it would as an operating business or a takeover target."
Faculty News

Nobel Laureate Prof. Michael Spence on the outlook for US employment growth

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Excerpt from Financial Times -- "As the economist Michael Spence has documented, a process of this kind is under way: essentially all US employment growth over the last generation has come in non-traded goods."
Faculty News

Prof. Michael Moses on his co-created Mei Moses Fine Art Index

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Excerpt from Financial Times -- “Art prices are not correlated to sudden swings in stock markets but their prices tend to match changes in wealth creation and destruction. I’m not surprised by this growth as we are not seeing the wealth damage of 2008-2009." Additional coverage appeared in City AM, ArtLyst.com, Investment Week, and Mindful Money.
Faculty News

Prof. Ralph Gomory is cited for his support of tax breaks for domestic production and manufacturing

Excerpt from The American Prospect Magazine -- "Whether [Obama] is capable of tilting more to manufacturing—giving domestic manufacturing a tax break along the lines suggested by Santorum or progressives like former IBM executive Ralph Gomory (who also backs tax changes favoring domestic production) is unclear."
Faculty News

Nobel Laureate Prof. Michael Spence on the US economy in 2012

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Excerpt from Telegraph -- "'There are signs of life in the economy,' says Michael Spence, a Nobel prize-winning economist at New York University."
Faculty News

A conversation between Prof. Jonathan Haidt and Bill Moyers is cited

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Excerpt from The New York Times -- "Just 20 months after retiring his PBS series “Bill Moyers Journal,” Mr. Moyers was back in the studio on a Wednesday morning in December, deep in conversation about moral political psychology with the author Jonathan Haidt." Additional coverage appeared in the Charlotte Observer.