Experience Stern | News & Events

Excerpt from Arab News -- "One of the main ideas of the book is that individual interests expressed in free markets do not always produce outcomes that are best from the perspective of the group. This Darwinian understanding of the competition, according to the author, is currently lacking in our view of things."

Excerpt from Yahoo! Finance -- "The contagion has now gone viral, cross Atlantic and global." Additional coverage appeared in Business Insider, Forbes, and The Wall Street Journal blog.

Excerpt from Bloomberg -- "Whether his recent rise in the polls is lasting or not, Newt Gingrich has already shifted Campaign 2012 for the better. The feisty former speaker of the House has reminded us through his debate performances that knowledge is an important part of a president’s work." Additional coverage appeared in Brainerd Dispatch, New York Post, NewsMax.com, and Bloomberg Businessweek.

Excerpt from Benzinga.com -- "Dr. Altman developed the widely-used Altman Z-score, which was initially designed to estimate the probability of a firm defaulting. Recently, he has reworked his metrics to apply them toward analyzing sovereign risk."

Excerpt from The New York Times -- "Few people actually want to shop in the wee hours, and the purchases that do occur then are presumably offset, dollar for dollar, by reduced sales during normal business hours." Additional coverage appeared in The Washington Post, Wicked Local, Forbes, Telegraph.co.uk, Business Insider, Newser.com and The New American.

Excerpt from Reuters -- "Fourteen out of 20 prominent academics, former policymakers and independent thinkers polled over the last 10 days agreed the euro zone's make-up would change."

Excerpt from The Economic Times -- "Sankar knew an MBA was important for her to gain management skills as her NGO increases in scope. 'I am a researcher with two doctorates but I am basically an introvert. I was skeptical about how I am going to cope with the aggressive business guys. The experience has been amazing.'"

Excerpt from The Media Briefing -- "Galloway argues that media brands have dropped the ball on social media. The thing they are (were?) good at was connecting with people – but in a digital age its brands that are taking over."

Excerpt from Seeking Alpha -- "NYU Stern School of Business has come up with a global ranking of financials instead of just a ranking for U.S. financials."

Excerpt from Hospitalitynet.org -- "The EHL delegation seized the opportunity to meet with distinguished representatives of the Robert Tisch Center for Hospitality, Tourism, and Sports Management, the Stern School of Business and with the Swiss Society in New York for potential future collaborations."

Excerpt from VoxEU -- "The aim of the recapitalisation is to ensure that European banks can absorb potential losses from sovereign-debt restructuring." Additional coverage appeared in the Financial Times blog.

Excerpt from Strategy + Business -- "The fact that "The Next Convergence" covers so much ground means that it has little time for the folksiness and redundancy that make for easy reading. The payoff is coherence — the argument of the book fits together as tightly as the formal models that Spence once built for a living." Additional coverage appeared in Science Mag.

Excerpt from Financial News -- “Bankers will have to do all this – and when they have, the markets are likely to create further opportunities to exchange privately held Irish and Portuguese debt in the same way, maybe even Spanish and Italian debt, too ... Banks handled exchange offers of Brady Bonds for 17 countries in the 1990s, why not again?”

Excerpt from Fast Company -- "'We're looking for Bluefin to add something new,' says CBS chief research officer David Poltrack, who is intrigued by the product."

Excerpt from The Malaysia Star -- "As described by economist Robert H. Frank, the desire to keep up with the Joneses is similar to the arms race among countries."

Excerpt from Bloomberg -- "They had gathered for the S.L.E. Lupus Foundation gala honoring U.S. Senator Frank Lautenberg and his wife, Bonnie Englebardt Lautenberg, and featuring a performance by Carole King, including the apt 'You’ve Got a Friend.'"

Excerpt from Knowledge@Wharton -- "... 'social media is democratizing marketing,' Ghose argues, because the viral spread of information is forcing companies to communicate better with their customers and is giving consumers a greater voice."

Excerpt from CNC World -- "The global outlook is quite tough. Not only do we see continued weakness in Europe ... we see weak economic numbers in the U.S. and ... we see a housing market in China that shows signs of slowing ..."

Excerpt from Euromoney -- “The idea of the Dodd-Frank Act was to address the too-big-to-fail problem, at least some of which arises from short-term financing and the shadow banking markets."

Excerpt from TechCrunch -- "[Fondu] raised a $575,000 seed round led by ENIAC Ventures. The NYU Innovation Fund, Harbor Road Ventures, Blazer Ventures, Lawrence Lenihan, and Zach Aarons also participated in the round. "

Excerpt from PBS Newshour -- "And, checking with NYU's celebrated economic historian Richard Sylla, we find that today's rates are astonishingly close to the lowest in the entire history of the United States: 1.85 percent, the nadir reached in late 1941." Additional coverage appeared on a New York Times blog.

Excerpt from The New Yorker -- "Baumol recognized that some sectors of the economy, like manufacturing, have rising productivity—they regularly produce more with less, which leads to higher wages and rising living standards. But other sectors, like education, have a harder time increasing productivity."

Excerpt from Project-Syndicate -- "Only bold and largely unconditional commitments by both the European Union and Italy can break this dangerous impasse. Absent either one, the risk of a sequential unraveling of eurozone public finances and a global economic downturn will remain high."

Excerpt from Reuters -- "An admission from the head of the second-biggest U.S. investment bank that he's okay with shrinking is an extraordinary recognition of regulatory and market realities, said Roy Smith, a former Goldman Sachs partner who teaches management practice at NYU's Stern School of Business." Additional coverage appeared in US News & World Report, The Chicago Tribune, ABS-CBNNews.com, CNBC, and the International Business Times.

Excerpt from Big Think -- "If the yuan has a low value relative to the dollar, American goods do indeed look very expensive in comparison to Chinese goods."