Stern in the News: July 2011
In July, NYU Stern generated more than 700 media hits. Stern faculty were featured for their research and perspectives on a variety of subjects including the credit rating downgrade, the News Corporation scandal and the risk of a double-dip recession in prominent outlets such as Associated Press, Bloomberg, CNN and The Wall Street Journal. Additionally, in more than 50 op-eds, Stern faculty discussed the debt ceiling debate, the Eurozone crisis and the one-year anniversary of Dodd-Frank.
Please continue reading for news highlights from July 2011.
| Faculty Research & Accolades |
Harvard Business Review: “Why Fair Bosses Fall Behind” |
In an op-ed, Professor Batia Wiesenfeld, PhD student Sara Wheeler-Smith and alumna Naomi Rothman (PhD ’08) discussed their research, which showed that while employees may respect a fair manager, they are more responsive to the leadership of an unfair manager, with additional pick-up on TODAY. |
Inc. Magazine: “Why the Wrong Entrepreneurs Take Big Risks” |
Professor Kelly See's research, showing that stretch goals are unlikely to be pursued or achieved, was featured, with additional pick-up on IO at work. |
Star Tribune: “Not Every Enterprise Can Do More With Less” |
Professor William Baumol's theory, Baumol's cost disease, was featured. His textbook, Economics: Principles and Policy, was cited in Grand Forks Herald. |
The New York Times: “Jobs Deficit, Investment Deficit, Fiscal Deficit” |
Nobel Laureate Professor Michael Spence and Research Assistant Sandile Hlatshwayo’s research on US job growth was referenced, with additional pick-up in the Economic Populist. Professor Spence’s thoughts on the value of school degrees were featured in The Bulletin and The New York Times. His book, The Next Convergence, was highlighted in Business Insider, Las Vegas Sun, Portland Press Herald and five other outlets. He provided an exclusive interview on his book in four Human Events segments. |
Forbes.com: “A Beautiful Asset Class Few Can Own” |
The Mei Moses All Art Index, co-created by Professor Michael Moses, was featured, with additional pick-up in Chicago Tribune and The Republic. |
CFO World: “Want to Raise Your Firm’s Leverage? Boost Jobless Benefits” |
Professor Ashwini Agrawal's research on the effects of unemployment laws on firms' corporate financing decisions was featured, with additional pick-up on Computerworld. |
Neurosciencemarketing.com: “Prediction Power: Asking Gets Results” |
Professor Vicki Morwitz’s research on measuring customers' intent to repeat purchases was featured. |
Congressional Documents and Publications:“Oversight Subcommittee Hearing Focuses on Credit Rating Agencies” |
Professor Lawrence White was highlighted for testifying before congress on credit rating agencies post-Dodd-Frank. |
Yahoo! News: “Time Magazine Has the Highest ‘Digital IQ’ of any Magazine, According to ‘Think Tank’” |
Professor Scott Galloway and the new Digital IQ index, which measures the digital competence of magazines, were featured, with additional pick-up in Folio Magazine, Mashable.com, NASDAQ and five other outlets. |
Los Angeles Times: “Overpopulation: Don’t Buy ‘More People, More Problems’” |
An article by Professor Paul Romer on economic growth, in which he argued that every generation underestimates its capacity for innovation, was referenced. His “New Growth Theory” was referenced in Future Gov Magazine and The Sunday Times. His research on accounting fraud was referenced on Benzinga.com. He was featured for his “charter cities” concept on Afribiz.net and Indypendent.org. |
Financial Express: “Column: Did Nationalized Banks Save India?” |
Professor Viral Acharya’s analysis of India’s economic performance under financial stress was featured. His research on the effect of financial crises and their resolution on banks’ choice of liquidity was featured in Investment Weekly News. |
The New York Times: “Funds of Funds May Actually Increase Risk, Study Finds” |
Professor Stephen Brown’s research, showing that diversifying with funds of hedge funds increases risk, was featured, with additional pick-up on BNN, Professional Services Close-Up and three other outlets. |
US News & World Report: “Why Most Market Forecasters Get it Wrong” |
Professor Christina Fang’s research on the limited ability of experts to forecast market movements was featured. |
Centre for Social Impact: “Death to the Triple Bottom Line?” |
Professor Daniel Altman’s research, which suggests that companies benefit society most by focusing on a single bottom line with a long-term perspective, was featured, with additional pick-up on On Line Opinion, The East African, The Monthly and Star Tribune. |
TechCrunch.com: “Venture for America Sends Entrepreneurial Talent to the Cities That Need It Most” |
Professor Lawrence Lenihan was highlighted as a board member of the newly launched Venture for America, with additional pick-up on SiliconRepublic.com. |
Motley Fool: “Try These Strategies for Deep Value” |
Professor Edward Altman’s Z-score, a tool for measuring the likelihood that a company will go bankrupt, was featured. |
The Sacramento Bee |
Professor Michelle Greenwald was featured as the CEO of Inventours, which just launched an executive education program, with additional pick-up on PSFK.com. |
Washington Square News: “Students, Faculty Reflect on Life of Stern Professor” |
Students, faculty and administrators reflected on the life of the late Professor Aaron Hipscher. |
Investment Weekly News: “Data From New York University Provide New Insights Into Real Estate” |
Professor Walter Boudry’s research on analyst behavior and underwriter choice, which uses Alexander Ljungqvist’s estimation technique, was featured. |
The Huffington Post: “Margaret Heffernan: The Willful Blindness of Rupert Murdoch” |
Professor Frances Milliken’s research, looking at how people in power communicate differently, was referenced. |
IndiaInfoline.com: “Dr. Ravi Jagannathan to Head Advisory Council at BSE Training Institute” |
Professors Rangarajan Sundaram and Viral Acharya were highlighted as members of the new advisory council at BSE Training Institute. |
The Daily Show |
Professor Matthew Richardson discussed Fannie Mae and Freddie Mac from Guaranteed to Fail, which he co-authored with Professors Viral Acharya, Stijn Van Nieuwerburgh and Lawrence White, with additional pick-up on a Courant.com blog and a Princeton Press blog. Guaranteed to Fail was highlighted as a “Top Business Book,” on Bloomberg, with additional pick-up in Financial Express. |
VoxEU.org: “Dodd-Frank: One Year On…” |
In an op-ed, Professors Viral Acharya, Thomas Cooley, Matthew Richardson and Ingo Walter discussed lessons from their new co-edited e-book, Dodd-Frank: One Year On, a collaboration with the Centre for Economic Policy Research. |
Financial News: “Schemes Up Their Performance Game” |
Professor Antti Petajisto’s research on active fund management was referenced, with additional pick-up on Business Insider. |
Journal of Robotics & Machine Learning: “Scientists at New York University Report Research in Automation Science” |
Professor Ilan Lobel’s research on distributed sub-gradient methods for convex optimization over random networks was featured. |
TheRiantTheatre.com: “The Launch Party for the Strawberry One-Act Festival July 11, 2011” |
Professor Aldo Scrofani was honored at the launch party for the Strawberry One-Act Festival on July 11. |
The Wall Street Journal: “Wall Street’s Summer Book List" |
Professor Aswath Damodaran’s book, Little Book of Valuation, was included in The Wall Street Journal’s “Summer Book List.” Another of his books, Investment Fables, was referenced in The Globe and Mail and Motley Fool, and his paper, “The Value of Synergy,” was referenced in Seeking Alpha. |
Investment Weekly News: “Credit Suisse's Asset Management Division Launches Systematic Trading Group” |
Nobel Laureate Professor Robert Engle will serve on the Systematic Trading Advisory Board of Credit Suisse’s new Systematic Trading Group. |
SmartMoney: “Ten Reasons I’m Cancelling My Credit Cards” |
NYU Stern faculty research on US stock returns was referenced. |
Bloomberg: “On the 10th Anniversary of Keynesian Revival: Echoes” |
Professor Thomas Sargent's paper critiquing Keynesian policies was referenced. |
Financial Times: “Equity Risk Premiums: Just the Sideshow” |
NYU Stern faculty research on historical equity risk premiums was referenced. |
Politics & Government Week: “New Public Economic Theory Study Findings Have Been Published by Scientists at New York University” |
Professor Alessandro Gavazza’s research on the transparency in and manipulation of public spending was featured. |
Politics & Government Week: “Researchers at New York University Publish New Data on Political Science” |
Professor William Greene’s research on time-invariant variables in fixed effects (FE) models was featured. |
Globe and Mail: “US Health Care Stocks Catch Momentum Wave” |
Professor Lasse Pedersen's research on value and momentum, which found that equity indexes, government bonds, currencies and commodities all demonstrate momentum tendencies, was referenced. |
New Scientist: “Mischief and Fraud in the Crowdsourced Workforce” |
Professor Panos Ipeirotis’s research on weeding out problematic jobs posted on Mechanical Turk was featured. |
The Economic Times: “Like Minded Donors Taking Ownership of Social Projects” |
Professor Michael Pollack was highlighted for his contributions to an NGO, Educate Girls. |
Information Technology Newsweekly: “Study Results From New York University Provide New Insights Into Data Security” |
Professor Edwin Elton’s research on mutual fund selection was featured. |
SmartMoney: “10 Things CEOs Won’t Tell You” |
Professor David Yermack’s research on the performance of companies that allow their CEOs to use the corporate jet for personal flights was referenced. His research on how Michelle Obama’s fashion choices influence stock prices was highlighted in Sydney Morning Herald. |
Fast Company: “Unlocking Viral Secrets on Facebook” |
Professor Sinan Aral’s research on the benefits of adding viral sharing features to a product was featured. His research on social network contagion was referenced on Boston.com. |
Foreign Policy Journal: “The Interests of US Corporations and the Country ‘Have Diverged’” |
Professor Ralph Gomory’s testimony at the US-China Economic and Security Review Commission hearing on June 15, which references his research with Professor William Baumol and Nobel Laureate Professor Michael Spence on globalization and unemployment, was featured. |
Strategy + Business: “Lessons From Failure” |
Professor J.P. Eggers’s research on the difference between failure in exploration and failure in exploitation was featured. |
Faculty Speaking Engagements |
Sydney Morning Herald: “Putting the Brakes on Bushmaster Bashing” |
Professor Nouriel Roubini delivered his economic outlook in an address to a select group of people at the Intercontinental Hotel in Melbourne. He was featured on BizCommunity.com for his upcoming speech at the Discovery Invest Leadership Summit on September 21. He was featured as a guest speaker on a panel at the "SAIF •CAFR Financial Expert Forum" in the Shanghai International Convention Center. |
The Economist: “It’s a Smart World” |
Professor Vijay Vaitheeswaran’s talk at the inaugural NExTWORK technology conference, discussing how networks are impacting business, government and society, was highlighted. Professor Vaitheeswaran's and Professor Sinan Aral’s NExTWORK conference talks were also featured on Information Technology Newsweekly. |
Cinespect.com: “Cinespect Spotlights: Sundance ShortsLab: NYC” |
Professor Sharon Badal’s participation in the Programmer’s Panel at Sundance ShortsLab: NYC in July was featured. |
WIRED: “Wired's Five Highlights From the 2011 Red Innova Tech Conference” |
Professor Luke Williams was highlighted for offering business advice at the 2011 Red Innova Tech Conference on June 15. |
TEDx Silicon Valley: “Sinan Aral TEDxSV 2011 Talk” |
Professor Sinan Aral’s discussion on social contagion, given at TEDx Silicon Valley 2011, was featured. |
UWA Publishing: “Michael Spence to deliver 2011 Marshall Warren Lecture at UWA” |
Nobel Laureate Professor Michael Spence was featured for his upcoming 2011 Marshall Warren Lecture on the future of economic growth in a multi-speed world. |
Stern's Programs & Community |
Forbes: “Going Global: A New Breed of Executive MBA” |
The TRIUM Global Executive MBA program, an alliance between NYU Stern, LSE and HEC Paris, was highlighted for celebrating its 10th anniversary with plans to expand enrollment, with additional pick-up in Financial Times and Times of India. |
DNA - Daily News & Analysis: “Campus Life Beckons” |
NYU Stern's exchange program with HR College of Commerce and Economics was highlighted. |
The New York Times: “For SEC Interns, Wall Street is a World Away” |
MBA Student Neerav Shah discussed his internship at the SEC. |
Bloomberg: “Aflac Says Buybacks Held Up as ‘Stupid Debt Deal’ Eludes Congress, Obama” |
Vice Chairman of NYU Trustees and Chairman of the NYU Stern Board of Overseers William Berkley (BS '66) criticized the gridlock of the debt deal debate. |
CNBC: “The Road to a Downgrade” |
In three CNBC videos, Vice Chairman of NYU's Board of Trustees and Vice Chairman of the NYU Stern Board of Overseers Kenneth Langone (MBA '60) discussed President Obama’s legacy, the outlook for US jobs and the debt ceiling, with additional pick-up in Business Insider. He was highlighted for urging New Jersey Governor Chris Christie to seek the 2012 GOP presidential nomination on Bloomberg, with additional pick-up on ABC Local, Bloomberg Businessweek, Fox News, two Politico.com pieces and 16 other outlets. |
The Huffington Post: “The Case for College” |
NYU Stern was mentioned in a story about the value of college. |
Business Insider: “These 25-Year-Olds Beat Out 220 Other Startups in a Competition With This Idea” |
The 2011 NYU Stern New Venture Competition winner, CourseHorse.com, was featured, along with co-founder Nihal Parthasarathi (BS ’08), as a new application for self-improvement, with additional pick-up on Mashable.com, TheNextWeb.com and NYConvergence.com. |
Poets & Quants: “The Best MBAs for Hedge Fund Wannabes” |
NYU Stern was featured as a top business school for students interested in working at a hedge fund, with additional pick-up in Business Insider, FINalternatives.com, TheGrindstone.com and Hedge Fund Observer. |
Bloomberg Businessweek: “The B-School Case Study Gets a Makeover” |
Professor Glenn Okun and Chief IT and Facilities Officer Anand Padmanabhan demonstrated the functionalities of the XanEdu iPad app at NYU Stern, with additional pick-up on US News University Connection. |
Korea Times: “Undergraduate vs. MBA” |
NYU Stern was highlighted for the quality of its undergraduate program. |
The Huffington Post: “Maria Lin: Why Men Are Getting More Jobs Than Women in Recession Recovery” |
A panel, “Seeing the Silver Lining in the Pink Slip,” hosted by NYU Stern in June 2010, was highlighted. |
Reuters: “Frugal Is In: Deals to Drive Back-to-School Shopping for Clothes” |
Undergraduate student Scott Gamm commented on back-to-school shopping, with additional pick-up in Chicago Tribune, Fidelity.com, WTag.com, Yahoo! News and nine other outlets. |
EdibleManhattan.com: “Really Cool Summer School: August Food and Garden Camp for Gradeschoolers” |
The winner of the 2009 NYU Stern Business Plan Competition, Butter Beans, which was co-founded by Belinda Di Giambattista (MBA '05), was featured for its summer school program on urban farming. |
Virtual-Strategy.com: “Leading New York City Universities Choose Angel Investor Tools to Professionalize Student Business Competition” |
Professor Jeffrey Carr commented on how Angelsoft has helped professionalize NYU Stern’s business plan competitions. |
Financial Times: “Dean Navigates a Steady Course” |
Dean Peter Henry commented on NYU's development as a global university. |
US News & World Report: “Weigh the Value of a Summer Business Program” |
NYU Stern Foundations, a summer program that teaches business essentials to non-business students, was highlighted. |
The Himalayan Times: “Requiem for the Citadels of Silence” |
A discussion of the Annapurna Sanctuary that took place at NYU Stern was referenced. |
Bloomberg: “Blackstone Wins Casino Work to Bolster Schwarzman’s LBO Hedge” |
Member of the NYU Stern Executive Board Steve Zelin (MBA ’91) was highlighted for his role as Senior Managing Director for the Blackstone Group LP, with additional pick-up in Bloomberg Businessweek. |
Investor Daily: “Government Unveils $41 Million Finance Center” |
NYU Stern was highlighted for its collaboration with the new Centre for International Finance and Regulation, housed by the University of New South Wales, with additional pick-up in Australian Financial Review and Australian Government News. |
Bloomberg Businessweek: “Ready, Set, B-School” |
Dean of Students and Associate Dean of MBA Student Affairs Gary Fraser commented on preparing for expenses as an MBA student. |
Computer Weekly News: “Socialtext Launches Socialtasks at Enterprise 2.0 Conference” |
NYU Stern was referenced for its use of the social business software Socialtext, which enables teams to manage tasks in a collaborative work environment. |
Harvard Business Review: “Leveraging the Benefits of Being a Rookie Employee” |
A course created by Professor Steve Mellas was cited in a story on the benefits of being a rookie employee. |
TheVirtualCooler.com: “‘It’s Not Just Hard Hats’ – An Intern’s View On McGraw-Hill Construction” |
Undergraduate student Sabeena Trilokekar commented on her experience applying for the McGraw-Hill Construction internship. |
Times of India: “A Triumph of Spirit” |
NYU Trustee, member of the NYU Stern Board of Overseers and Executive-in-Residence Chandrika Tandon was highlighted for her participation in the 2011 World Cultural Festival on July 2-3 in Berlin, with additional pick-up on Your-story.org. |
IndieWire.com: “First Four MBA/MFA Students Graduate from NYU” |
NYU's MBA/MFA dual degree program for producers, a partnership between NYU Stern and Tisch Kanbar, was featured. |
wuv.de: “On the Way to MediaMBA: A Look Beyond the Borders” |
NYU Stern was mentioned in a German student’s chronicle of his experience earning a Media MBA. |
NRI Today: “Indian American to Join Virginia Tech as Associate Vice President” |
Dean of the Undergraduate College and Vice Dean Geeta Menon was highlighted for her appointment as dean of NYU Stern’s undergraduate college. |
| Expert Commentary from Faculty |
History News Network: “What Would Alexander Hamilton Have Done in the Debt Crisis? Financial Historian Richard Sylla on the Debt Ceiling” |
In an exclusive interview, Professor Richard Sylla explained how the US built up a reputation of credit-worthiness by never missing a debt payment, with additional coverage by Xinhua News Agency. His historical perspective on past panics surrounding US treasuries was featured on Dealbreaker.com, The New York Times and two other outlets. His comments on Dow Jones’s history were featured on a Forbes.com blog and Yahoo! News. |
Variety: “Can Local Lucre Pay Studio Bills?” |
Professor Al Lieberman commented on Hollywood studios' growing stakes in foreign production companies. In another article for Variety, he was featured for his comments on major film studios cutting expenses. His comments on Captain America’s marketing campaign were featured in Bloomberg Businessweek, CBS News, CNBC, Forbes.com and 21 other outlets. |
Reuters: “Economist Says US Downgrade Could Take Place This Weekend” |
In an exclusive interview, Professor Larry White commented on the implications of a credit rating downgrade for the US, with additional pick-up on PolitiFact. His comments on the US debt crisis and the importance of raising the US debt ceiling were featured on Australian Broadcasting Corporation (Transcript), The Wall Street Journal and three other outlets. His comments on the new regulations for credit ratings agencies were featured on Newsday.com, Politifact.com, Reuters, Yahoo! Finance and 15 other outlets. His comments on down-payment requirements for home purchases, WTO rulings and a European credit rating firm were featured in Newsday, The Wall Street Journal and Xinhua News Agency. He explained the meaning of a collateralized debt obligation (CDO) on SmartMoney.com. |
ShellyPalmer.com: “Murdoch Brings Out All Seven Emotions” |
In an op-ed, Professor Charles Warner discussed people's emotional reactions to the News Corporation scandal. |
CNN: “CBO Crunches Numbers on Boehner's Bill; Tea Party Big Winner?” |
In an interview, Professor Joseph Foudy commented on the consequences of a US credit rating downgrade, with additional pick-up on Newsday. His comments on the Wall Street tax proposed by nurses and other unions were featured on Voice of America. |
The Times: “Man Who Broke the Bank Stops Betting Other People's Money” |
Professors Leon Metzger and Jim Liew commented on George Soros’s decision to close his Quantum hedge fund to outside investors. Professor Liew also discussed how regulations are affecting the hedge fund industry, with pick-up on BBC, CNBC, Yahoo! News, Reuters and three other outlets. |
Financial Times: “Mood Change Will Hurt US Global Bank Stocks” |
In an op-ed, member of the NYU Stern Executive Board and Professor Richard Bernstein (MBA '87) predicted a downturn in US global bank stocks, with additional pick-up on TheStreet.com. He also wrote an op-ed on “tail risk” hedging for Advisor Perspectives, with additional pick-up on Bloomberg, Funodd.com and the San Francisco Chronicle. His comments on the risks of emerging markets were featured in Barron’s, CNBC, Moneylife and Seeking Alpha. His comment that a further downgrade of US credit ratings could do serious harm to the economy was featured on MSNBC. His comments on investing techniques, US debt problems, inverted yield curves and the June jobs report were featured on CNBC, two Reuters pieces, Seeking Alpha and three other outlets. |
The New York Times: “A Sharpie Campaign, Aimed at Teenagers, Urges Self-expression” |
Professor Russell Winer praised Sharpie’s new marketing campaign targeted towards teenagers, but cautioned that it could be too narrowly focused on young consumers. |
Bloomberg: “History Suggests Debt Ceiling Fights May Be Good for Us: Echoes” |
In an op-ed, Professor Amity Shlaes predicted that the current debt ceiling debate would lead to medium-term cuts in spending, with additional pick-up in Concord Monitor, Kansas.com, Pittsburgh Live and TwinCities.com. She elaborated on ways of controlling government spending in three Bloomberg pieces, with additional pick-up in four other outlets. In two Bloomberg pieces, she commented on Christine Lagarde, the IMF’s new managing director, and the current role of the IMF. She argued that the fed needs to raise interest rates in Orange County Register, and commented on the increase in employment among Americans 65 and older in an op-ed for Bloomberg. She evaluated the business sense of former presidents Calvin Coolidge and Herbert Hoover in two Bloomberg pieces, with additional pick-up on CFR.org, Daily Mail and two other outlets. She also interviewed Margaret Hoover, Herbert Hoover’s great-granddaughter, in a piece for Bloomberg. Her comments on the meaning of July 4th and on teenage underemployment were featured in National Review and two other outlets. |
Treasury & Risk: “Colombia: Beyond the BRICS” |
Professor David Backus commented on Colombia’s uncertain investment environment. His comment that US government debt was still a low-risk investment option was featured on China Daily and Finanz und Wirtschaft. |
InvestmentNews.com: “Are Your Clients Traders or Investors?” |
In an op-ed, Professor Robert Gordon assessed the after-tax costs of investing. |
Reuters TV: “Wall Street Reform Slow Going” |
In an interview, Professor Matthew Richardson discussed the successes of Dodd-Frank. His comments on how to fix the problem of insolvent financial institutions were featured in Nigerian Tribune, and his outlook for Wall Street was featured on Negocios.com. |
The Huffington Post: “The Real Crime: Concentration of Power” |
In an op-ed, Professor Ralph Gomory examined the negative effects of concentrating wealth and power outside government, with additional pick-up on GlobalResearch.ca. |
VoxEU.org: “A Credible Commitment for the Eurozone” |
In an op-ed, Professor Thomas Cooley observed that the Eurozone could avoid future fiscal crises if it adopted elements of US fiscal policy. He published another op-ed on the same topic in El Pais. His comment on the history of union membership was featured on NationalReview.com. His comments on the effects of Dodd-Frank on risk taking among banks were featured on The Huffington Post. |
Xinhua News Agency: “Murdoch to Quit?” |
Professor Irv Schenkler’s comments on the crisis management decisions of News Corporation were featured. |
Project-Syndicate.org: “The Eurozone’s Last Stand” |
In an op-ed, Professor Nouriel Roubini argued that the mounting crises in the Eurozone were about to reach a climax, and a restructuring of Greek debt would be the only sensible resolution, with additional pick-up on Aljazeera.net, a Forbes.com blog, Slate.com and nine other outlets. His comments on the threat of a Eurozone breakup and the response of the European Central Bank were featured on BBC News, Bloomberg TV, Guardian.co.uk, The Wall Street Journal, The Washington Post and 21 other outlets. His comments on the sustainability of China’s levels of investment and the country’s overall economic outlook were featured in three Bloomberg pieces, CNBC, Reuters, The Wall Street Journal and 30 other outlets. His comments on the US economy, the debt ceiling debate and his belief that the US was already in a double-dip recession were featured on CBS MoneyWatch, The Economist blog, a Forbes.com blog, Fox Business, MarketWatch.com, US News & World Report, The Wall Street Journal blog and 26 other outlets. His call for additional fiscal stimulus in the US was featured on Bloomberg, CNBC, Reuters and five other outlets. His comments on the Fed’s quantitative easing programs, the Indian economy, the IMF and a variety of other topics were featured on Bloomberg, The Wall Street Journal and five other outlets. |
TheStreet.com: “Investors Rethink Risk Free” |
Professor Aswath Damodaran speculated on the consequences of US treasuries no longer serving as an investor’s safe haven. |
The Daily Beast: “United States of Narcissism” |
In an op-ed, Professor Daniel Altman argued that narcissism is on the rise in the US, leading to short-sighted spending policies and long-term repercussions, with additional pick-up in Hindustan Times. |
Bloomberg: “Greenhill Sees Departures as Advisers Are Paid in Sliding Stock” |
Professor Susan Stehlik commented on top advisers leaving Greenhill & Co. Inc, with additional pick-up in the San Francisco Chronicle. |
AdAge: “Fifty Social Media Stats to Kick-start Your Slide Deck” |
Professor David Poltrack’s announcement of new CBS and Nielsen research on how demographics affect TV ad effectiveness was referenced. |
PBS: Nightly Business Report: “Citi’s Earnings Report Filled With Ups and Downs” |
In an interview, Professor April Klein commented that, with few exceptions, reverse stock splits usually prove to be ineffective. |
Project-Syndicate.org: “Adapt or Die” |
In an op-ed, Nobel Laureate Professor Michael Spence highlighted the need for structural economic changes in the US, with additional pick-up on The Economist blog, Taipei Times and three other outlets. His op-ed on the macro risks facing the global economy was featured in The Lagos Times. He was interviewed on the state of the global economy on Bloomberg Radio, with additional pick-up on Bloomberg, two iStockAnalyst.com pieces and two other outlets. His comments on the divergence of US growth and employment, and the concentration of job growth in government and healthcare were featured on Bloomberg, Business Insider, The Huffington Post and five other outlets. Reuters featured his prediction that the fiscal policy debate would continue long after the debt ceiling was raised. His comments on Malaysia’s economic growth were featured in Singapore Business Times. Professor Spence and Professor Nouriel Roubini were highlighted for their economic predictions in Hindustan Times. |
Reuters TV: “Potter Profits Cast a Spell” |
In an interview, Professor Samuel Craig discussed the self-sustaining success of the Harry Potter franchise. His comments on the recent News Corporation scandal were featured in AM New York. |
The New York Times: “Toyota Pitches its RAV4 to a New Demographic” |
Professor Priya Raghubir commented on Toyota’s new RAV4 ad campaign aimed at African-American consumers. |
CNN: “Italia y su Economia” |
In an interview at the IESE Business School in Spain, Professor Luis Cabral commented on Italy’s economy. His comments on Europe’s debt problems were featured by Xinhua News Agency. |
Livemint.com: “State Overreach: Some Lessons for India” |
In an op-ed, Professor Viral Acharya outlined the lessons India can learn from the housing crisis in the US. In an exclusive interview with International Affairs Forum, he discussed the differences between the US Federal Reserve and the European Central Bank. His comments on the consequences of a US debt default were featured on CNNMoney and Forexdice.com. His comment on the aggregation of risks in financial systems was featured in IFMR. |
MSNBC: The Rachel Maddow Show: “Work in Progress” |
Professor Robert Frank discussed the consequences of cutting US government infrastructure investment. |
Seebiz.eu: “Paul Wachtel: CNB Credited as Croatia Remained Almost Completely Spared From the Crisis of the Financial System” |
Professor Paul Wachtel was featured for his comments on the Croatian economy. |
USA Today: “Investments in Renewable Energy Rise 32% in 2010” |
Professor Melissa Schilling commented on the rise of investments in renewable energy. |
Bloomberg TV: “Galloway Says Facebook Adding Skype to Challenge Google+” |
In an exclusive interview, Professor Scott Galloway discussed Facebook’s partnership with Skype. |
Financial News: “Dodd-Frank Shows Teeth on First Birthday” |
In an op-ed, Professor Roy Smith discussed tasks that still need to be completed one year after Dodd-Frank was enacted. In another op-ed for Financial News, he speculated on who will replace Timothy Geithner as US Treasury Secretary. His comments on M&F Worldwide Corp, the power of Dodd-Frank and Goldman Sachs’s central bank hires were featured in three Bloomberg pieces, with additional pick-up in Bloomberg Businessweek. |
Thomson Reuters: “An Audacious Plan to Save the World” |
In an exclusive interview, Professor Paul Romer talked about building new cities in the developing world. His comments on developing charter cities in Honduras were featured on a Reuters blog and UpsideDownWorld.org. He was highlighted for his support of investment in green and high-tech industries in The Daily Iowan. |
Viewpoint Magazine: “Easy Readers” |
Professor Adam Alter asserted that companies entering the US stock market tend to perform better when they have a name that’s easy to pronounce. |
NOTE: Due to subscription policies, not all articles cited could be included with a link to the full article.