Faculty News

"Guaranteed to Fail," a book by NYU Stern faculty, is featured

Business Standard logo
Excerpt from Business Standard -- "The authors – professors at the Leonard N Stern School of Business at New York University -– have laid bare the way a vital component of the US financial system got distorted and how the process was aided by the government for decades."
Faculty News

Prof. Nouriel Roubini on resolving the financial system's problems

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Excerpt from Knowledge@Wharton -- “The problems of the financial system on Wall Street have not been resolved. People talk about Dodd-Frank, but have we really changed the system of compensation? Have we dealt with the corporate governance problem? Have we divided commercial banking and the more risky shadow banking and investment banking? No. So that remains.”
Faculty News

Prof. Paul Romer's paper on bankruptcy for profit is referenced

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Excerpt from The New York Times -- “Neither the public nor economists foresaw that the [deregulation of savings and loans was] bound to produce looting. The regulators … who understood what was happening from the beginning found lukewarm support, at best, for their cause."
Faculty News

An interview with Nobel Laureate Prof. Michael Spence on the Greek fiscal crisis

CNBC logo
Excerpt from CNBC -- "Greece probably can be bailed out in terms of affordability on the fiscal debt. but they're 40% out of bounds in terms of being able to kind of grow the economy. they have huge trade deficit with the rest of europe. it's -- and they don't have the exchange rate. so it's very hard to see how you can keep greece in the euro zone and have them have a future."
School News

TRIUM is highlighted as an example of a global joint degree program

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Excerpt from The New York Times -- "The [Deloitte Access Economics] report cited the TRIUM Executive M.B.A., a degree run by New York University’s Stern School of Business, the London School of Economics, and the H.E.C. School of Management in Paris. Upon completion of the TRIUM M.B.A., students are awarded an M.B.A. issued jointly by the three schools, and, accordingly, they have access to three alumni networks." Additional coverage appeared on CNBC.
Faculty News

An op-ed by Prof. Amity Shlaes on Halloween's recent surge in popularity

Excerpt from Bloomberg -- "No doubt about it, in many places Halloween reflects urban revival. It also reflects a cultural coming together ... There’s something unifying in the ghoulishness of the spaces between the teeth in the carved pumpkin’s grin." Additional coverage appeared in Bloomberg Businessweek and San Francisco Chronicle.
Faculty News

Prof. Xavier Gabaix's research on stock market plunges is referenced

MarketWatch logo
Excerpt from a MarketWatch blog -- "According to a fascinating body of research (championed in large part by Xavier Gabaix, a finance professor at New York University) plunges as big as 1987’s Black Monday—while rare—are an inherent part of the investment landscape."
Faculty News

Executive Board Member and Prof. Richard Bernstein suggests a plan to fix the US economy

CNBC logo
Excerpt from CNBC -- " ... any company in the world that wants to build a plant in the united states will get an immediate investment tax credit against the cost of the plant, so the plant's actually tax free. you can then combine that with state and local governments incentives in one form or another to either reduce taxes further or improve education for workers, things like that."  Additional coverage appeared on MSNBC.
Faculty News

An op-ed by Prof. Daniel Altman on the positive outlook for South American economies

BigThink logo
Excerpt from BigThink -- "While countries in North America and Europe suffer through a downturn that has people questioning the very foundations of their economies, something far more positive is happening in South America."
Faculty News

Prof. Priya Raghubir on community food-tasting events

Excerpt from New York Daily News -- "'They bring in people who are unlikely to have gone to the area,' said Priya Raghubir, a professor of marketing at New York University."
Faculty News

An op-ed by Executive Board Member and Prof. Richard Bernstein on the US economy

Financial Times logo
Excerpt from Financial Times -- "If there are two things most economists can agree on they are that government policies cannot re-inflate bubbles and that the US economy has to move away from a levered, consumption-focused economy to one focused more on production and exports."  Additional coverage appeared in Financial Times.
School News

Prof. Craig Stacey on new social media research from Stern's Center for Measurable Marketing

Excerpt from Washington Square News -- "Led by E. Craig Stacey, Stern adjunct professor and CMM director of research, and Koen Pauwels, associate professor at Ozeyegin University, the study found that social media communication led to an increase of 'in-store foot traffic.'"  Additional coverage appeared in Brafton News.
Faculty News

Prof. Scott Galloway on the digital IQ of watch and jewelry brands

Forbes logo
Excerpt from Forbes -- “The Watches & Jewelry industry is running out of time online. Although these brands are beginning to invest in social media and mobile, transaction-orientation and digital marketing competence such as search, email, and retargeting lag other industries.”  Additional coverage appeared in Retail Jeweller.
Faculty News

Chairman Emeritus of the Board of Overseers Henry Kaufman and Prof. Nouriel Roubini are highlighted

Excerpt from The Economist blog -- " ... Nouriel Roubini (who has inherited the title of Doctor Doom from Henry Kaufman) ... outlined the case why he thinks there is a 60% chance of a developed world recession."
Faculty News

Prof. Nouriel Roubini predicts a hard landing for China's economy

Financial Times logo
Excerpt from a Financial Times blog -- "[Roubini] said on Monday at a Helsinki seminar that China was heading for a hard landing in 2013 or 2014."  Additional coverage appeared in Forbes and three Bloomberg pieces.
Research Center Events

NYU Pollack Center for Law & Business Student Luncheon Lecture with Ilene Knable Gotts, Esq.

The NYU Pollack Center for Law & Business invites you to join them for a special lunch with guest speaker Ilene Knable Gotts, partner, antitrust, at Wachtell, Lipton, Rosen & Katz.
Business and Policy Leader Events

Real Estate Luminary Larry Silverstein Shares Secrets of Success with MBA Students

NYU alumnus Larry Silverstein (ARTS '52), who serves as an honorary vice chair of NYU’s Board of Trustees, sat down with a group of MBA students during a Leadership Luncheon Series. He spoke candidly about his 55-year career in the real estate industry, including the recent progress and challenges facing the reconstruction of the World Trade Center site.
Faculty News

Prof. Panos Ipeirotis's research on Mechanical Turk is highlighted

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Excerpt from Toronto Star -- "In a 2009 survey of who works for Mechanical Turk, New York University Professor Panos Ipeirotis found that half of the world’s Turkers live in the United States, while 40 per cent live in India."
Faculty News

An op-ed by Prof. Roy Smith on Jamie Dimon, CEP & Chairman of JPMorgan Chase

Financial News logo
Excerpt from Financial News -- "Jamie Dimon has been getting a lot of attention lately for his impassioned bashing of Basel III as too tight on capital terms and too loose on risk standards for European banks. Had he been more diplomatic, probably no one would have listened."
School News

Alumnus David Steinberger on his company, comiXology, the 2007 Business Plan Competition winner

Excerpt from Pittsburgh Post-Gazette -- "In a world where it's hard to find someone who is not fighting for a share of your computer, tablet or smartphone screen time, comiXology can claim partnerships with big guns Marvel and DC."
School News

Prof. Robert Salomon on Stern's new Global Strategy program for executives

Excerpt from Alister & Paine -- "This program is consistent with Stern’s overall focus on Global Business; however, this particular program does not focus on a specific country or region. Rather, the goal is to give participants a holistic, systemic view of the global economy, and the role of multinationals in a globalized world."
School News

NYU Life Trustee Chairman Emeritus of the Board of Overseers Henry Kaufman is highlighted

Business Insider logo
Excerpt from Business Insider -- "A few weeks ago I attended a conference sponsored by the Santa Fe Institute, where I participated on a panel with Henry Kaufman, Bill Miller and Marty Leibowitz."
Faculty News

An op-ed by Prof. Michael Spence on the global jobs challenge

Project Syndicate logo
Excerpt from Project-Syndicate.org -- "Global economic-management institutions need to address whether the pace of globalization, and its implied structural change, is faster than the capacity of individuals, economies, and societies to adjust can withstand."  Additional coverage appeared in The Daily News Egypt, Delaware Online, Bloomberg, Bloomberg Businessweek, Nation of Change, China Daily, Business Insider and European Voice, among other outlets.
Faculty News

Prof. Arun Sundararajan on PayPal's decision to build an off-line presence

Excerpt from Washington Square News -- "They've handled payments for virtual-space (online) merchants in the past and that's where their presence is ... The pop-up store will help them draw in physical-space merchants and get them aware of PayPal as a payment option."  Additional coverage appeared on UWire.
Faculty News

Prof. Lawrence White on credit unions

Reuters logo
Excerpt from Reuters -- "Credit unions are an alternative source for the kind of services a bank provides ... I'm hoping they would see the un-banked as part of their mission. That would be the most socially worthwhile thing they could do."  Additional coverage appeared in the Baltimore Sun and Yahoo! Finance.