Experience Stern | News & Events

The 10th Annual NYU Stern-Citi Conference in Leadership & Ethics addressed the theme of “Integrating Sustainability Into Capital Markets.” Organized by NYU Stern’s Citi Leadership & Ethics Program and Business & Society Program Area, with generous support from the Citi Foundation, the 2013 conference featured this year’s Distinguished Citi Fellow in Leadership & Ethics, Mindy Lubber, president of Ceres.

Excerpt from Democracy Journal -- "In this essay I offer such a map, showing the territory currently controlled by Democrats (equality and positive liberty) and by Republicans (proportionality and negative liberty). What remains up for grabs is “procedural fairness”: the integrity of the process by which we decide who gets what. Both parties are open to charges that they don’t want everyone to “play by the same rules.” Both parties have ways of answering this charge and persuading the broader public that its concept of fairness is the better one. The party that wins that point will have the upper hand in this new culture war."

Excerpt from Vanity Fair -- "In 'Turnaround' (Basic Books), Peter Blair Henry explains how discipline in policy reform reflects the likelihood of economic success in emerging countries."

Excerpt from Fora.tv -- "Banks, for centuries, have played a key role in economic development...the countries that had the most developed banks and really the most developed financial systems early on were the ones that were successful in modern history. The Northern Italian city-states are an example and what I noted here was that these city-states of Northern Italy 600-700 years ago developed modern banking, innovated it and they also innovated double-entry bookkeeping."

Excerpt from Delta Sky Magazine -- "Sandberg has been described as a consummate socializer, one who is a genuine friend. She remembers birthdays, answers emails and maintains more real relationships than most people have Facebook friends. It seems fitting that the Facebook COO would be so focused on relationships. Social capital is invaluable, and Sandberg knows how to cultivate and maintain it."

Excerpt from CBS -- Adam Alter with Malcolm Gladwell: Drunk Tank Pink: And Other Unexpected Forces that Shape How We Think, Feel, and Behave

Excerpt from Charlie Rose -- "...the big issues that excite me are the massive wave of urbanization we're going to see in the developing world...The rich countries face this problem of insufficient investment demand. This is our big challenge macroeconomically. But the developing world has this enormous investment demand for urban infrastructure so there's a deal that can be done here between the places that have a lot of investment capacity and financing capacity and parts of the world that really could use that productively."

Excerpt from Foreign Policy -- "'At NYU Stern we categorically reject the "or" and embrace the "and." Profits and principle must coexist as citizens and consumers around the globe demand both. Mike is respected around the world for his distinguished 30-year career as a lawyer, advocate and policymaker,' Stern Dean Peter Henry said in the statement."

Excerpt from Smithsonian Magazine -- "Alter covers the ways that names, labels, symbols, people, culture and many other factors affect our brains."

Excerpt from the Harvard Business Review -- "You might think a culture would have an effect on you only if you’ve spent some time immersed in it, but that’s not the case. Culture influences you more easily than you realize. Thanks to the internet and the rise of global commerce and travel over the past 15 to 20 years, we’ve all become more aware of foreign ideas and symbols."

Excerpt from Fast Company -- "In the new book Drunk Tank Pink, professor Adam Alter of New York University's Stern School of Business examines the psychological cues that guide behavior, such as the use of the color in jails to calm the unruly inebriated."

The Stern Private Equity Club will host its Eighth Annual Stern Private Equity Conference on Friday, March 1, 2013. Themed, “The New Normal in Private Equity,” the conference will provide a forum for industry leaders to discuss the opportunities and risks of today's private equity and venture capital environment. Tepid global growth, regulatory dynamics, political pressure and financial market conditions are posing challenges to fundraising, deal financing and operations. The conference will foster thought-provoking discussions on the issues facing today's private equity and venture capital community.

NYU’s entrepreneurial community—including successful student, faculty and alumni startup founders and venture capital investors—will gather to celebrate innovation and entrepreneurship at the second annual NYU Entrepreneurs Festival.

New York University Stern School of Business today announced that Michael H. Posner will join its faculty in March 2013. Posner will be a professor in the School’s Business and Society Program Area and will lead an effort to establish a center for business and human rights at NYU Stern.

Excerpt from the Washington Post -- "The exodus at the State Department continues, as attorney and human-rights advocate Mike Posner heads for the hills. Actually, his destination is a little more civil than that: he’s joining the faculty of New York University’s Stern School of Business."

Excerpt from BBC News -- "First of all, let me say that this idea, this legislation, is misguided. The high bonuses, the high salaries were not really the cause of the financial crisis. The cause of the financial crisis was poor regulation and I think the European Union and other countries around the world have to address the problem of regulation. Just saying people should be pay less will not solve anything."

Excerpt from Project Syndicate -- "Most observers regard unconventional monetary policies such as quantitative easing (QE) as necessary to jump-start growth in today’s anemic economies. But questions about the effectiveness and risks of QE have begun to multiply as well. In particular, ten potential costs associated with such policies merit attention."

Excerpt from The New York Times -- "Jonathan Haidt, a professor of business ethics at the New York University Stern School of Business, said, 'The ethical move is clearly to jump the turnstile.' 'They are not trying to steal service,' he added. 'They are simply trying to exit a system that they paid once to enter.'”

On Thursday, February 28, 2013, NYU Stern MBA students, alumni and faculty will gather for the NYU Stern Strategy and Operations Club (SOC) Third Annual Strategy Forum, themed “Achieving Strategic Advantage Through Innovation.” Attendees will hear from strategy leaders across a variety of industries, including keynote speaker Mumtaz Ahmed, Chief Strategy Officer of Deloitte Touche Tohmatsu and a Principal at Deloitte Consulting, and a panel of representatives from strategy and consulting roles across several industries.

Excerpt from Cardiovascular Business -- “'For the student, the advantage is that this can be done in one package and the saving of a year is quite useful,' says Thomas A. Pugel, PhD, vice dean for MBA and executive programs at the New York University (NYU) Stern School of Business in New York City. Once in school, it is easier to stay in school, he added. 'They are not in transition; they are not trying to think about when is the right time, or do I have the time and energy to be able to get an MBA as a second degree.'”

Excerpt from Bloomberg -- “'Allowing an employee to work from home once a week is likely to boost their morale,' he said. 'If they’re honest, there’s no reason it should affect your productivity.'"

Excerpt from Bloomberg -- “'They’re intermediaries, and they’re not supposed to make up their minds for their customers as to what’s good for them, they’re supposed to supply them with what they want,' said Roy Smith, a finance professor at New York University’s Stern School of Business and a former Goldman Sachs partner."

Excerpt from Bloomberg TV -- "A minority government or an unstable government until there are new elections a few months from now means that investors might short Italian debt, spreads may keep rising and the shield that’s supposed to be there isn’t there."

On February 26, 2013, more than 700 people joined a webinar hosted by Professor Anindya Ghose, Associate Professor of Information, Operations and Management Sciences and co-Director of the Stern Center for Business Analytics, with the International Institute of Business Analytics, about “Mobile Analytics: Apps, Advertising and Commerce in the New ‘Mobile’ Economy.

Excerpt from Bloomberg -- "Academics and journalists have become adept at employing statistical screens to shed light on a wide range of questionable or illegal activities in the financial markets. Notable examples include collusion among Nasdaq stock dealers, the backdating of stock options and possible insider trading among corporate executives."