Experience Stern | News & Events

On September 23, two teams of researchers reported on the first phase of their study on effective approaches to the training of prospective innovative entrepreneurs at NYU Stern. Innovative entrepreneurs develop new products or services using new methods to produce or deliver existing goods and services at a lower cost, whereas replicative entrepreneurs produce or sell goods or services that are already available in the marketplace.

On Monday, September 21, the NYU Stern Salomon Center for the Study of Financial Institutions held a day-long conference on insurance industry regulation to discuss the industry’s current regulatory environment and, with learnings from the financial crisis, options for regulatory improvement including enacting a federal optional charter.

More than 100 alumni gathered at NYU Stern on September 17 to celebrate the publication of Dr. Henry Kaufman’s (BA ’48 (Heights), PhD ‘58) newest book, “The Road to Financial Reformation: Warnings, Consequences and Reforms,” and to hear his prescient insights into the mistakes that led to the financial crisis and his recommendations to prevent its repetition.

More than 450 students and alumni gathered, standing-room-only, in Schimmel auditorium on September 15 to hear about this year’s Entrepreneurs Challenge, comprising the 11th Annual New Venture Competition and the 6th Annual Social Venture Competition, and sponsored by NYU Stern’s Berkley Center for Entrepreneurship & Innovation.

The Journal of Accounting Auditing and Finance (JAAF), sponsored by NYU Stern’s Vincent C. Ross Institute of Accounting Research, held its 2009 JAAF-Bocconi research symposium this fall, convening selected scholars from around the world in Italy to discuss performance evaluation and executive compensation.

Bringing together scholars and practitioners from around the US and countries as far reaching as Germany, Turkey and New Zealand, the Sixth Annual Marketing Dynamics Conference served as a forum to share and analyze some of the latest research in the field.

At the NYU Stern Salmon Center conference on “Bankruptcy and the Financial Crisis,” Kansas City Federal Reserve Bank President Thomas M. Hoenig spoke out against the government’s current stance on large financial institutions.

The Society for Financial Econometrics (SoFiE), an international society founded by NYU Stern Nobel Laureate Professor Robert Engle and University of North Carolina Professor Eric Ghysels and housed within Stern's Volatility Institute, held its second annual conference and inaugural European conference in Geneva, Switzerland this June.

On June 4, 2009, a group of twenty people comprised of senior business and law faculty and business practitioners (and including among their numbers a small contingent of former senior government officials) was jointly convened by The Aspen Institute and New York University with support from Ernst & Young to discuss responses to the current economic crisis and to explore the role of financial market regulations in fostering economic recovery and growth.

On June 4, 2009, a group of twenty people comprised of senior business and law faculty and business practitioners (and including among their numbers a small contingent of former senior government officials) was jointly convened by The Aspen Institute and New York University with support from Ernst & Young to discuss responses to the current economic crisis and to explore the role of financial market regulations in fostering economic recovery and growth.

As advancements across network industries take shape and public policymakers race to keep up with today’s dynamic marketplace, a group of distinguished academics gathered this May at NYU Stern for the Sixth Annual NET Institute Conference.

As part of NYU Stern’s Berkley Center for Entrepreneurial Studies Himelberg Speaker Series, Facebook co-founder Chris Hughes recently spoke with a select group of entrepreneurs from Stern’s student, faculty and alumni communities.

The NYU Pollack Center for Law & Business, a joint initiative between NYU Stern School of Business and NYU School of Law, in May hosted its seventh annual Directors’ Institute, entitled, “Board Monitoring of Risk Management.”

NYU Stern Salomon Center, in partnership with Nasdaq OMX, recently hosted an all-day conference discussing the future of derivatives. New research in the area was presented by Stern faculty and faculty from other schools including Columbia Business School and UCLA.

These Stern faculty, along with many of their colleagues, developed 18 independent policy papers offering market-focused solutions to the financial crisis, which were published in the book "Restoring Financial Stability: How to Repair a Failed System."

With ailing U.S. automakers receiving government bailouts, the CEO Series on April 7 with Stefan Jacoby, President and Chief Executive Officer of Volkswagen of America, Inc., proved to be especially timely and of interest to the hundreds of NYU Stern students and alumni who attended to hear Jacoby speak.

NYU Stern hosted an event for alumni and the media to discuss the ideas in the book, "Restoring Financial Stability: How to Repair a Failed System," co-edited by Professors Viral Acharya and Matthew Richardson. The book is a compendium of 18 White Papers by 33 Stern faculty that take an objective look at the causes of the financial crisis and present solutions to repairing the system.

"If we can create social businesses, we can end poverty in the world, and then we'll create poverty museums," explained 2006 Nobel Peace Prize Winner Muhammad Yunus to an audience of 400 in Schimmel Auditorium on January 27.

The third expert panel in a series of three entitled "Transition 2008: Advising America's Next President" with the Council on Foreign Relations, The Economist and NYU Stern convened to discuss US trade policy.

At the CEO Series on November 12, Jim McNerney, Chairman, President and Chief Executive Officer of The Boeing Company, shared his outlook on the financial crisis, giving the more than 300 Stern students and alumni who attended a critically important perspective on some of the global implications of this crisis for a major manufacturer and exporter.

As President-elect Obama transitions into the White House, experts from the Council on Foreign Relations, The Economist and NYU Stern debated the current global financial crisis with a focus on ways to repair a broken economy. Entitled "Transition 2008: Advising America's Next President," this is the first of three events that address global issues as they relate to the US presidency.

On October 24, at NYU Stern for a GE Live event entitled, "Winning in Today's Environment," Immelt spoke to nearly 300 NYU Stern MBA students as well as hundreds more at six other business schools across the globe — London Business School, IESE in Spain, UVA-Darden, Thunderbird, UN,C and Emory — where the event was broadcast live.

As the Dow hits records lows, consumer confidence continues to wane and the Fed crafts plans to stave off a Depression-like era, Dean Thomas Cooley moderated a discussion with industry, media and academic thought-leaders to analyze, and offer solutions for, the current financial crisis.

The panel, moderated and introduced by Dean Thomas Cooley, comprised Profs. Edward Altman, Lawrence White and Roy Smith.

With housing prices plummeting, oil approaching $120 a barrel and the global financial system in shambles, a recent NYU Stern event posed the question, "How do we restore confidence in credit markets and the economy?"