Experience Stern | News & Events

Excerpt from Financial Sense -- "Dr. Altman sees Italy as the final battleground for the survival of the Euro. His analysis is based on the use of a new metric he and his colleagues have developed to estimate the financial health of sovereigns." Additional coverage appeared in Betanews.com.

Excerpt from Financial Times -- "According to economist Nouriel Roubini, India is better placed than the other Brics. After all, its youthful demographics and entrepreneurial zeal is unchanged." Additional coverage appeared in the Financial Times.

Excerpt from The Wall Street Journal blog -- "[Altman] said, the way that the 'd-word'—default—is presented to the world will determine how the markets react to Greece’s debt restructuring (and he believes the country will need another bailout). He predicted that hedge funds will be blamed as the holdouts in the negotiations that will force a technical default." Additional coverage appeared in The New York Times Dealbook blog, Business Insider, and Bloomberg.

Excerpt from Bloomberg -- "While 'the contemplated restructuring isn’t likely to be sufficient to make Greece a viable, going economic concern in the future,' the decision not to trigger credit-default swaps may also be a form of 'collateral damage' from the nation’s default, said Thomas Cooley, an economics professor at New York University." Additional coverage appeared in AdvisorOne.

Excerpt from Forbes -- "In a year in which the S&P 500 returned nothing and earnings growth began to decelerate, the 'art market' as measured by the Mei Moses All Art Index enjoyed an 11 percent gain in 2011."

Excerpt from The New York Times Dealbook blog -- "One draft study of European companies, by Viral Acharya of New York University and Conor Kehoe of McKinsey & Company, found that about two-thirds of chief executives of private equity-owned companies were replaced in the first four years of ownership."

Excerpt from China Weekly News -- "Leading researchers Eugene Agichtein of Emory University, Oliver Downs of Analytical Insights, Inc., and Alexander Tuzhilin of New York University Stern School of Business will join RichRelevance Chief Scientist Darren Vengroff to review all Prize submissions and select the ten semifinalists who will advance to compete for a cash award of up to $1 million." Additional coverage appeared in Professional Services Close-up.

Excerpt from The New York Times -- “In the 200 years from the British Industrial Revolution to World War II there were asymmetries in the world economy, but the entire world wasn’t industrializing and it wasn’t interacting in the same way."

Excerpt from Washington Square News -- "Things like education and infrastructure - improve the roads, improve the airports, educate our kids, get those graduation rates up and encourage more to be going on to higher education — [those are] a legitimate role for the state."

Excerpt from The New York Times -- “It is becoming a model emotion."

Excerpt from Livemint -- "Joel Hasbrouck of New York University and Gideon Saar of Cornell University, after studying NASDAQ’s trading data in 2007-08, came to the conclusion that low-latency trading improves traditional market quality measures such as short-term volatility, spreads and displayed depth in the limit order book."

Excerpt from Los Angeles Times -- Photo: Bingham Ray, left, with fellow October Films co-managing executives John Schmidt and Amir Malin in 1996.

Excerpt from Information Week -- "CIOs must definitely not sit on the sidelines, but instead use social media to increase their presence in the executive conversation."

Excerpt from Financial News -- "Research produced by Stephen Brown, professor of finance at New York’s Stern School of Business, adds that investors should not try to protect themselves by diversification."

Excerpt from El Cronista Comercial -- "Thomas Philippon, a professor at the Stern School at New York University, estimates that the sector's share of U.S. GDP increased from about 3% in 1950 to over 8% in 2010 (Spanish to English translation)."

Excerpt from USA Today -- "The NYU team says Fannie's and Freddie's federal subsidies should be phased out, turning mortgage finance gradually over to the private sector, even though it will mean more mortgage rates will resemble those for jumbo loans, usually about half a percentage point more."

Excerpt from Crain's New York Business -- "NYU Stern School of Business presents the 20th Annual Stern Women in Business Conference. This year's conference, 'Leading With Purpose, Making an Impact,' will give attendees insight into the values and motivations that inspired women across various industries to become successful leaders."

Excerpt from The Chronicle of Higher Education -- "We compare ourselves with relevant others (the economist Robert Frank has written several books about this over the years). We compare ourselves today with ourselves yesterday."

Excerpt from The Economist -- "In his excellent new book 'Winning Investors Over,' Baruch Lev of New York University’s Stern School of Business writes that in this new world 'the lonely CEO now often faces a ‘team of rivals’, sometimes adversaries.'"

Excerpt from The Australian -- "(Developing) economies are now the main engine of global growth. The advanced economies face slow growth, high unemployment, fiscal distress and a lengthy period of unwinding high levels of debt."

Excerpt from The Guardian -- "R is for Roubini Back in 2007, Nouriel Roubini was one of the few economists to see the global crash coming. Dr Doom, as he has come to be known will set the tone on Wednesday in a session called The Seeds of Dystopia. Not one for the faint-hearted." Additional coverage appeared in Bloomberg and Financial Times.

Excerpt from Toronto Star -- “Liberals think if you’re opposed to having the government protect people you want to leave individuals on their own. But conservatives favour a minimal role for government in mid-level institutions. Government needs to be the referee, but it shouldn’t be a partner in your economic affairs.”

Excerpt from The Wall Street Journal -- " ... the field has expanded in the world of distressed investing ... but Icahn has practiced it longer and more successfully than most."

Excerpt from Xinhua -- "As film began its path to obsolescence, Kodak missed the opportunity on several occasions to jump into the digital world. It first underestimated the impact that digital would have on its business and then it ignored what it might mean for its business."

Excerpt from The Globe and Mail -- "Without economic growth, the debt is not sustainable. It becomes a vicious circle. Markets force you into austerity, which makes the recession worse, which deepens the fiscal deficit, requiring more austerity."