Experience Stern | News & Events

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.

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."

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.

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."

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.

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.

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."

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."

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."

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."

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."

Excerpt from CNC World -- An interview with Professor Luis Cabral on the outlook for the global economy.

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."

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.

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."

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

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.

Excerpt from Sungard -- "The International Association of Financial Engineers (www.iafe.org) and SunGard (http://www.sungard.com) today announced that Robert F. Engle, the Michael Armellino Professor of Finance at New York University and 2003 Nobel Laureate for Economics, has been named the 2011 IAFE/SunGard Financial Engineer of the Year (FEOY)."

Excerpt from CNN en Español -- An interview with Professor Luis Cabral on Spain's banking and fiscal situation.

Excerpt from CNBC -- "“The impact is enormous. What could be better than to see [the BMW Mini] in ['The Italian Job']? It fits into tight spaces, whips through tunnels. Those things impacted, absolutely, someone who was thinking about buying a small car.”

Excerpt from Reuters -- "The Fed will be watching for further credible evidence that this improving trend is gaining traction because we also went through a better period in the first quarter of last year."

Excerpt from The Huffington Post -- "Robert Frank explains how individual incentives often conflict with those of the larger group in a terrific new book, 'The Darwin Economy: Liberty, Competition and the Common Good.'" Additional coverage appeared in Princeton University Press blog.

Excerpt from USA Today -- "We're a services economy, so you expect to see a rise in services. Some will be hamburger flipping, but some will be higher-skill jobs in health care."

Excerpt from Forbes -- "So much of Asia still could use the kind of remedy U.S. economist Paul Romer has been promoting for a few years--'charter cities ,' or development zones with special streamlined laws (really just rule of law) and low taxes that let trade and commerce flourish."

Excerpt from The Times and Democrat -- "His work on Chaucer led to 'The Rap Guide to Evolution,' 'The Rap Guide to Human Nature' and 'The Rap Guide to Business,' which he was commissioned to write to welcome a new class at New York University's Stern School of Business."