Experience Stern | News & Events

Excerpt from MSN India -- "IT major Infosys announced that in accordance with the retirement policy in place its Lead Independent Director Marti G Subrahmanyam will retire from the board today."  Additional coverage appeared on Moneycontrol.com, IBNLive, CIOL and EFYTimes.com.

Excerpt from Reuters -- "'The manufacturing sector was one of the most consistent pockets of strength in this recovery and all of a sudden it seems to be taking a very severe beating that goes beyond the supply chain disruptions related to the Japan earthquake,' said Anthony Karydakis."

Excerpt from The Jerusalem Post -- "A 2011 paper by Prof. Nicholas Economides and Prof. Roy Smith at NYU suggested a similar type of bond for Europe called a Trichet bond, after European Central Bank president Jean-Claude Trichet."

Excerpt from IR Web Report -- "In the latest study, professors Brian Bushee of the University of Pennsylvania, Michael Jung of New York University and Gregory Miller of the University of Michigan say they have found evidence that 'investors exploit their selective access to management to execute larger and more profitable trades.'"

Excerpt from Stanford Knowledge Base -- "Nagel’s research—done collaboratively with Malcolm Baker of Harvard University and Jeffrey Wurgler of New York University—was the first to look past aggregate data to how dividends affected consumption."

Excerpt from BigThink -- "Galloway says, 'Facebook becomes the Internet, and the Internet is just the underlying platform that powers it.'"

Excerpt from Xinhua News -- "Too many regulatory requirements will increase the rating agencies, operating costs, generate new institutions hinder, impede new methods, new technologies and generate new business models."  Additional coverage appeared in Fortune, O Globo, Seacoastonline.com and Sanlian Lifeweek Magazine.

Excerpt from Yahoo! Finance -- "'Just the way we recapitalized the financial sector, I think there was a very good case for recapitalizing the households,' says Acharya."  Additional coverage appeared in Business Insider and Moneynews.

Excerpt from Yahoo! Finance -- "Of all the U.S. banks, NYU Stern Finance Professor Viral Acharya, considers Bank of America to be the most 'systemically risky.' In the accompanying interview, Acharya, author of Regulating Wall Street, describes his method for assessing bank risk."

Excerpt from Science Letter -- "How do individuals with higher status react to their encounters with lower-status counterparts? Four studies explore this issue, focusing on higher-status parties' concerns with the outcome favorability and procedural fairness of those encounters."

Excerpt from LaLate -- "[Ricky] Martin was chosen by a special committee compromised of reps from the UNOP, NYU Stern School of Business, and the Foundation for Social Change."

Excerpt from Bloomberg -- "It’s probable the central bank would again lend to a big firm such as Morgan Stanley if another crisis hit, said Viral Acharya, a New York University finance professor who serves as an academic adviser to the Fed"

Excerpt from Psychology Today -- "Many contemporary western societies are drawn to the idea that decisions improve as we incorporate more voices."

Excerpt from CNBC -- "'Market up today only because (it) expects that Ben will come by helicopter to Jackson Hole to dispense QE3,' Nouriel Roubini, head of Roubini Global Economics, tweeted on his Twitter account early Monday."  Additional coverage appeared on CNBC, two The Guardian pieces, Monthly Review, The Toronto Star, three Business Insider pieces, Street Authority, Irish Independent, three Politico pieces, FXStreet.com, San Francisco Chronicle, HoweStreet.com, Troy Media, Hurriyet Daily News, AdvisorOne, Philly.com, Today's Zaman, Colorado Springs Independent, The Independent, StreetAuthority, FrumForum, The Telegraph, Financial News, The Daily Caller, People's Daily, Bloomberg, TIME blog and Examiner.      

Excerpt from Bloomberg -- "The best thing Congress can do to help the markets is nothing at all."  Additional coverage on Bloomberg, San Francisco Chronicle, San Diego Source, Philadelphia Inquirer and Vancouver Sun.

Excerpt from FreeThoughtsBlogs.com -- "This and many other studies show you believe you see more of other people’s icebergs than they see of yours; meanwhile, they think the same thing about you."

Excerpt from Satakunnan Kansa (translated from Greek) -- "Greek Professor fear most is that other countries are starting to mimic the Finnish."

Excerpt from Massey University News -- "Other leading thinkers this year include US economist and Nobel Laureate Michael Spence, China’s vice-minister of foreign affairs Fu Ying, Brazil’s former president Luiz Inacio Lula da Silva, and Colombia’s finance and public credit minister Juan Carlos Echeverry."

Excerpt from TheFinancialBrand.com -- "The Financial Services Digital IQ Index scored each financial institution along four key factors: website, digital marketing, mobile and social media. Those with a combined IQ score above 140 were classified as 'genius,' followed by 'gifted,' 'average,' and 'challenged.'"

Excerpt from Minyanville -- "Cornell professor Crocker Liu (then at Arizona State) and New York University professor David Yermack released a study called 'Where are the shareholders’ mansions?' which found that 'future company performance deteriorates when CEOs acquire extremely large or costly mansions and estates.'"

Excerpt from Business Insider -- "There is a moral component to this crisis and 'looting' is the key. George Akerlof and Paul Romer captured the component in the title of their famous 1993 article ('Looting: the Economic Underworld of Bankruptcy for Profit')."  Additional coverage appeared on MotherJones.com.

Excerpt from Insurancenewsnet.com -- "William Berkley, chairman and chief executive officer of W.R. Berkley Group, said what many U.S. insurance industry representatives have said of Solvency II: 'It is tremendously invasive.'"

Excerpt from NPR: All Things Considered -- "Our long-term proposal is to reduce the extent of home ownership subsidies that we are providing, so wind down Fannie Mae and Freddie Mac in the long run, and second, remove the tax deductibility of mortgage interest rates so we are not distorting the system to over-borrow on houses." Additional coverage appeared on WBUR.org, WNYC and KOSU.org.

Excerpt from Crain's New York Business -- "Taking a class in a personal interest like cooking or creative writing may be exciting, but digging through local schools' websites to find and compare available options can be tedious. CourseHorse, a startup that won $75,000 in the New York University New Venture Competition in April, aims to simplify the hunt."  Additional coverage appeared on NYConvergence.

Excerpt from Australian Broadcasting Corporation -- "I think when this is all over and things get to be more normal again, we'll look back on it and say, 'Well, Bernanke didn't turn things around right away, but he prevented something much worse from happening.'"  Additional coverage appeared in Credit Writedowns.