Experience Stern | News & Events

Excerpt from Marketplace -- "I just am unsure about how strong the banks are. I still worry that there are lurking losses in mortgages."

Excerpt from The Economist -- "Between 1990 and 2008, the [Spence and co-author] say, value added rose most in America's tradable sectors. Virtually all of the net employment growth, by contrast, occurred in non-tradable sectors."

Excerpt from Bloomberg -- "In 1812, all of the top five companies, and nine of the top 10, were banks. ... The finance sector made up 44 percent of the 500 largest corporations and 72 percent of all the authorized capital that year."

Excerpt from Financial Times -- "The recent Greek debt restructuring illustrates how the empty creditor phenomenon may lead some players to attempt to derail a debt workout highly beneficial to the entity, and to its ordinary (i.e., non CDS-holding) lenders."

Excerpt from Livemint -- "Given how crowd-funding has fuelled innovation and entrepreneurship elsewhere, it’s only right that policymakers in India start to deal with crowd-funding in a serious way."

Excerpt from Forbes -- "We’ve also had more recent economists such as William Baumol showing us that it just isn’t the invention of new things which increases wealth, it’s the use of those new things which does."

Excerpt from New York Magazine -- "At the vanguard of this movement is Jonathan Haidt, a moral psychologist whose best-selling new book, The Righteous Mind, collects his own experiments—testing biases, prejudices, and ­preferences—and the work of like-minded colleagues to unmask much of our political 'thinking' as moral instinct papered over, post facto, with ideological rationalization."

Excerpt from Fox News -- "I think there will be a time when coins will be something just for a museum. Probably not in my lifetime, perhaps in my 16-year-old son's lifetime where the electronics will get so easy, so cheap that even when you want to go to the local candy store and just by 17 cents worth of candy you use a credit card."

Excerpt from Christian Science Monitor -- " ... high heels are an example of the kind of pointless competition that Robert Frank highlights in his recent book, 'The Darwin Economy.'"

Excerpt from Bloomberg Businessweek -- "Zoe Feldman rents time at The Arm every few weeks to print cards ... and sells them on Etsy. ... The former Pepsi executive and MBA candidate at New York University’s Stern School of Business says she may forsake corporate life if the nascent business takes off."

Excerpt from The Wall Street Journal blog -- "'Girouard’s leaving Google now is less serious than it would have been a couple years ago,' Sundararajan said. Girouard was such a strong presence in evangelizing Google’s cloud the last five years that CIOs of small and large businesses alike are comfortable with the platform and strategy, he added."

Excerpt from The New York Times -- " ... even when unconstrained, price movements are often insufficient to clear markets, as pointed out by George Akerlof, A. Michael Spence and Joseph Stiglitz in work that garnered them the Nobel Prize."

Excerpt from The New York Times Dealbook blog -- " ... it is worth reading a study by Thomas Philippon and Ariell Reshef of the National Bureau of Economic Research, which traces industry wages over the last century. Its conclusion might not surprise you: financiers, to put it plainly, were overpaid."

Excerpt from The New York Times -- "Tom Meyvis, an associate professor of marketing at the New York University Stern School of Business, warned, however, that although running-shoe buyers might say they care where merchandise was made, 'in a concrete shopping situation, a lot of ideals don’t matter that much anymore. Features such as price and design have a bigger impact.'"

Excerpt from Bloomberg -- "'As long as JPMorgan cuts its ties, it is no longer involved,” said Roy Smith ... 'Its public reputation may be affected for a while but its reputation with clients for competence, professionalism and integrity is likely to survive unchanged.'"

Excerpt from The Times of London -- "David Yermack, a finance professor at New York's Stern School of Business, reckons that public companies go into a kind of purdah when their bosses are on holiday. News announcements drop by 40 per cent."  Additional coverage appeared in another Times of London piece.

Excerpt from WeAreMovieGeeks.com -- "The Tribeca Film Festival (TFF), in association with noted Harvard Business School Professor Clay Christensen and the Disruptor Foundation, announced it will hold the third annual Tribeca Disruptive Innovation Awards, hosted by NYU Stern School of Business, on April 27. The 11th edition of TFF runs April 18 to 29."

Excerpt from New York Post -- "MBA students in the Leonard N. Stern School of Business’s Consulting Corps (SCC) program have taken on City Harvest, New York City’s food rescue organization, as a client. As part of their pro-bono work and learning experience, SCC students tackle real business challenges and opportunities outside of the classroom, as well as receive mentoring from leaders at top-tier consulting firms and from faculty advisors."

Join fellow alumni and business leaders on April 3, 2012, at The Bowery Hotel for our inaugural Haskins Cocktail Reception. This event celebrates and recognizes the contributions of our Haskins Partners, Haskins Fellows, and Young Haskins Partner Associates.

Jeff Zucker, former president and CEO of NBC Universal, spoke to a group of MBA students through NYU Stern’s Leadership Luncheon Series, coordinated by the School’s Leadership Development Team.

Excerpt from Financial Times -- "'Japan had a Great Recession, and a Great Stagnation, but it never had a Great Depression,' [Roubini] says. 'But recession in some euro zone countries could become a depression, just like the 1930s.'"

Excerpt from The New York Times -- "Mr. Weber, a former World Bank consultant with an M.B.A. in management from the Stern School of Business at New York University, believes that food trucks 'can help create neighborhoods.'"

Excerpt from The Huffington Post -- "Gomory, who is co-author of the book 'Global Trade and Conflicting National Interests,' pointed out: 'With unbalanced trade, we are consuming more than we produce and that cannot go on without us being poor and in debt to everyone else.'"

Excerpt from Financial Times -- "The eurozone still lacks essential features of monetary unions that have stood the test of time; and planned reforms may exacerbate latent fiscal, banking and external imbalances, leaving it less, rather than more, resilient to regional shocks."

Excerpt from Fortune -- "In a paper published in 2009, NYU Stern School of Business professor April Klein looked at 151 activist hedge fund targets between 2003 and 2005. She found that out of those 151 targets, activist shareholders received a seat on the board about 44% of the time."