Experience Stern | News & Events

Excerpt from the Washington Square News -- "Geeta Menon has been at NYU for 21 years, having taught at the university as a professor of marketing. She now will replace Frederick Choi as the new undergraduate dean of the Stern School of Business."

Excerpt from Bloomberg -- "But let's question the premise behind the push. For although unions may be good for a worker, singular, they are not always good for workers, plural."

Excerpt from FinanceAsia -- “'Rather than buy and hold under-valued companies, which is what he used to do, he focuses on companies that have lost credibility and he sells them his credibility at a hefty price,' said NYU Stern finance professor Aswath Damodaran."

Excerpt from the San Francisco Chronicle -- "Only five economies -- Japan, South Korea, Taiwan, Hong Kong and Singapore -- have moved from middle-income nations to developed country status while maintaining relatively high growth rates, according to Nobel laureate Michael Spence."

Excerpt from Sun-Sentinel -- " ... many wealthy liberals are willing to pay more taxes. Examples include investment banker Eric Schoenberg, who said, 'I'm in favor of higher taxes on people like me.'"

Excerpt from Investment News -- "Aware of the difficulty of making money in the recent/current market storm, some managers have employed black-swan financial strategies — which attempt to protect against statistically possible but highly unlikely events."

Excerpt from Albawaba -- "The global economy has a 50-percent chance of slipping into recession as Europe and the United States struggle to grow, according to Nobel laureate Michael Spence." Additional coverage appeared in Business Standard.

Excerpt from Business Insider -- "The latter theories being underpinned by Paul Romer’s reflection on the fact that ideas are fundamentally non rival."

Excerpt from Moneylife -- "Aswath Damodaran is the undisputed guru of this difficult art of valuing companies, listed and unlisted."

Excerpt from Investment Weekly News -- "When we allow returns to be predictable and introduce wealth shocks calibrated to labor income, transaction costs are able to produce per-annum liquidity premia that are the same order of magnitude as the transaction cost spread."

Excerpt from CNBC -- "'The reality is that we are headed toward a recession and we are running out of policy bullets,' Roubini told CNBC in an interview."  Additional coverage appeared in Forbes, Livemint, OnWallStreet.com, Barron's, NASDAQ, Forex News Now, GulfNews and Forexdice.

Excerpt from CNNMoney -- "'In the emerging markets, the risk is overheating,' says Alexi Savov, a professor at New York University's Stern School of Business."

Excerpt from Bloomberg -- “There isn’t going to be an easy political consensus on injecting capital into the banking sector.” Additional coverage appeared in GulfNews.

Excerpt from Bloomberg TV -- "Nobel laureate Michael Spence spoke yesterday in Hong Kong with Bloomberg's Robyn Meredith about the outlook for the global economy." Additional coverage appeared in The Washington Post, two Bloomberg pieces, CityWire, two San Francisco Chronicle pieces, Market Oracle and FXStreet.com.

Excerpt from Corporate Compliance Insights -- "Nov. 1 will mark the 20th anniversary of the Federal Sentencing Guidelines for Organizations, and of the expectations that they created concerning compliance and ethics programs."

Excerpt from the San Francisco Chronicle -- "Aswath Damodaran, Professor of Finance at the Stern School of Business at New York University, calculated the average tax rate of various business sectors using public financial statements." Additional coverage appeared in FInancial Edge.

Excerpt from Business Recorder -- "I don't think there's much he can do about it. We need fiscal stimulus and monetary policy has done as much as it could do."

Excerpt from VoxEU.org -- "A useful review of such strategies is provided by Acharya et al (2009); the IMF (2010) highlights the importance of recognising tail risk in financial stability analysis."

Excerpt from Bloomberg -- "This week, we looked at the so-called Congressional Effect, the phenomenon whereby stocks rise more when Congress is out of session. The data underlying that effect suggest that active government chills markets."

Excerpt from Reuters -- "'Mr. Buffett is a very shrewd investor and is not altruistic at all. The terms he gets are very favorable to him,' said Richard Bernstein."

Excerpt from Xinhua News -- "Stiglitz was awarded the Nobel Economics Prize in 2001 together with George Akerlof and Michael Spence for their analyses of markets with asymmetric information."

Excerpt from NASDAQ -- "Robert Engle, who was awarded the 2003 Nobel Prize in economics, said Friday that the U.S. 'hasn't learned the lessons of 1929,' and that the U.S. economy needs more short-term stimulus to recover."

Excerpt from NBC -- "Start putting 15 or $20 a month into that Roth IRA retirement account. You'll benefit from the compounding interest and watch your money grow."

Excerpt from the Financial Times -- "Robert Lucas ... and Chicago colleagues, along with others such as Edward Prescott and Thomas Sargent, are the founders of the programme known as 'dynamic stochastic general equilibrium' (DSGE), which dominates teaching and research in macroeconomics."

Excerpt from The Huffington Post -- "Or to echo Ralph Gomory, former president of the Sloan Foundation and head scientist at IBM, America's response to the Chinese challenge requires an alignment of the interests of its companies with the interest of the country."  Additional coverage appeared on NewDeal20.org.