Faculty News

Nobel Laureate Prof. Michael Spence on Mitt Romney's economic plan

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Excerpt from The New York Times Economix blog -- “Nobody knows how well we’re going to respond both on the public- and private-sector side and restore competitiveness.”
Faculty News

Prof. Stephen Brown on funds of hedge funds

Excerpt from Bloomberg Businessweek -- "Wealthy investors who can afford to are more likely to put money directly in hedge funds instead of going through fund of funds since some fund of funds were tainted by scandal related to Bernard L. Madoff, poor performance and a high rate of failure during the financial crisis, said Stephen Brown."  Additional coverage appeared on Bloomberg.
Faculty News

In an op-ed, Prof. Nouriel Roubini calls for full integration of the euro zone

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Excerpt from The Guardian -- "Only by moving forward towards full integration – now – can Europe save itself."  Additional coverage appeared in The Age, TodayOnline.com and Sydney Morning Herald.
Faculty News

Prof. Batia Wiesenfeld's research on the downsides of the virtual workplace is featured

Excerpt from McCombs Today -- "Bartel and her coauthors, Amy Wrzesniewski of Yale University and Batia Wiesenfeld at New York University, examined the relationship between virtual employees’ degree of physical isolation and their perceived respect in the organization, hypothesizing that the two are negatively associated."
Faculty News

An interview with Prof. Stephen Brown on operational risk

Excerpt from Opalesque -- "Professor Stephen Brown is the David S. Loeb Chair of Finance at the New York University Stern School of Business. In this live radio feature he shares his expertise and research finding on operation risk."  Additional coverage appeared on Reuters Insider.
Faculty News

NYU Stern Faculty Authors of "Guaranteed to Fail" on Mortgage Finance Reform

Excerpt from Wall Street Pit -- "Last week the Federal Housing Finance Agency filed suits against 17 major banks and mortgage businesses for misleading Fannie Mae and Freddie Mac ... This development is best understood against the background provided by a revealing new book, 'Guaranteed to Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance,' by V. Acharya, M. Richardson, S. van Nieuwerburgh and L. White."
Faculty News

Prof. Scott Galloway's digital IQ ranking of financial services firms is featured

Excerpt from Reverse Mortgage Daily -- "L2, a digital think tank at NYU Stern, recently released a report that attempts to measure the digital competence of 17 retail banks and 10 credit card issuers with an IQ scale ranking."  Additional coverage appeared on Finextra.com.
Faculty News

Prof. Nouriel Roubini on China's economy

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Excerpt from The Atlantic -- "At some point, however, China's growth will inevitably slow -- perhaps in 10, 15, or 20 years, according to different estimates; or perhaps there will be a sudden crash and hard landing, as bear analysts James Chanos, Nouriel Roubini, and others have predicted. Much speculation surrounds what will happen next."
Faculty News

Prof. Thomas Cooley on the achievements of NYSE Chairman Richard Grasso following 9/11

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Excerpt from The Australian -- "Tom Cooley, the former Dean of New York University Stern School of Business, who saw the second plane hit the South Tower as he stood on the pavement in Washington Square, said that it had been a huge achievement of Richard Grasso, the chairman of the New York Stock Exchange, to reopen the market the Monday after the attack." Additional coverage appeared in The Times.
Faculty News

Prof. Aldo Scrofani is highlighted as the producer of CHIX 6, a rock musical

Excerpt from Playbill.com -- "CHIX 6 is produced by Ready, Fire, Aim; Nederlander-Browne; and executive producers Aldo Scrofani and Heather Provost."  Additional coverage appeared in Broadway World, YourNabe.com and Music Industry News Network.
Faculty News

Prof. Roy Smith on Wall Street post 9/11

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Excerpt from The Wall Street Journal -- "'Wall Street today is much more a state of mind than a physical location,' said Roy Smith, a professor at New York University's Stern School of Business."  Additional coverage appeared in The Wall Street Journal Europe.
Faculty News

Nobel Laureate Prof. Michael Spence on Australia's economy

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Excerpt from The Australian -- "Economist Michael Spence put it differently on a recent trip to Australia, noting the developed world has a middle class of 1 billion and the developing world has 5 billion hoping to reach that level. In short, the world is fast converging right on Australia's doorstep."
Faculty News

Prof. Scott Galloway's digital IQ ranking of specialty retailers is featured

Excerpt from The High Low -- "NYU marketing professor Scott Galloway is creating a ranking system for retailers’ digital health. Called the Luxury Lab Digital IQ Index, it assigns e-tailers and physical retailers points based on their digital strategies and online innovation, to create online IQs for companies."
Faculty News

Member of the NYU Stern Executive Board and Prof. Richard Bernstein (MBA '87) is highlighted

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Excerpt from USA Today -- "'The sentiment data (are) more timely and reflect August surveys, whereas (many of) the economic reports are still focusing on July,' [Richard Bernstein] says."  Additional coverage appeared on CNBC.
Press Releases

Berkley Center for Entrepreneurship & Innovation Receives OPEL Award

NYU Stern’s Berkley Center for Entrepreneurship & Innovation received the first annual 2011 OPEL Award, recognizing the Center’s entrepreneurial leadership, this fall.
School News

Maria Bartiromo on co-teaching a Stern course with Prof. Bruce Buchanan and Tim Collins

Excerpt from Washington Square News -- "I am excited about my class this semester because I want to hear from the students — their take on the shifts happening in the world today."  Additional coverage appeared on Dealbreaker.com.
Faculty News

In an op-ed, Prof. Amity Shlaes suggests a stimulus package for Obama

Excerpt from Bloomberg -- "Defense spending is the key: More hiring and spending by the Army, Navy, Air Force and affiliated departments, such as the Defense Advanced Research Projects Agency, the high-end military technology developer known as DARPA."  Additional coverage appeared on Delawareonline.com, Concord Monitor, New York Post, Brainerd Dispatch, Atlanta Journal Constitution, Pacific Free Press and Kansas.com.
Faculty News

Prof. Stephen Brown reflects on life in the US after 9/11

Excerpt from Australian Broadcasting Corporation -- "There is not a day that passes when, commuting by ferry to Manhattan from Staten Island, I do not look out and notice the absence of the twin towers of the World Trade Centre."
Faculty News

In an op-ed, Prof. Roy Smith advises breaking up the big banks

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Excerpt from Financial News -- "Based on changing markets and increasing regulatory pressures, it is time to unwind the mega-banks into smaller, simpler, less risky business models."  Additional coverage appeared on a Wall Street Journal blog and CNBC.
Faculty News

Prof. Nouriel Roubini on the future of capitalism

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Excerpt from Forbes -- "So what can Obama do to calm the markets at this point? Or, as Nouriel Roubini asked last month, 'is capitalism doomed?'"  Additional coverage appeared on Qfinance.com and iStockAnalyst.com.
Faculty News

Prof. Nouriel Roubini on Italy's prime minister

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Excerpt from CNBC -- "Nouriel Roubini told CNBC that Italy would benefit if Prime Minister Silvio Berlusconi left office."  Additional coverage appeared in three CNBC pieces, Financial Times, two Wall Street Journal pieces and Moneynews.
Faculty News

Nobel Laureate Prof. Michel Spence is highlighted for his outlook on America's economy

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Excerpt from The Washington Post -- "From centrist Democratic groups such as the Progressive Policy Institute and Third Way, to economists such as Hoover Institution Nobel laureate Michael Spence ... the new watchword for America’s future — however challenging it may be to get there — is manufacturing."  Additional coverage appeared in The Frontier Post, Capital Times and LowyInterpreter.com.
Faculty News

Nobel Laureate Prof. Michael Spence's research on how economies grow is referenced

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Excerpt from Business Today -- "'Mature markets rely on deep institutional underpinnings,' the study of the team, headed by 2001 Nobel prize winner in economics Michael Spence, said."  Additional coverage appeared in Bloomberg Businessweek.