Experience Stern | News & Events

Excerpt from The Wall Street Journal -- "It was by refusing to bail out the states a second time in the 1840s that the United States preserved its federal system, with substantial fiscal independence for state governments. Facing a similar moment, Europe might learn from our experience."

Excerpt from BVWire News -- "Professor Aswath Damodaran (NYU Stern School of Business) has just updated the implied equity risk premium (ERP) for the S&P 500 to 6.04% at the start of 2012, up from 5.20% at the start of last year."

Excerpt from Business2Community.com -- "Damodaran noted that the key number driving the valuation is the companies’ operating margins — Coca-Cola’s margin is 15.57%, while Cott’s is 5.28%."

Excerpt from The Columbia Star -- "According to research from New York University’s Stern School of Business, as reported in The Columbia Star in late 2009, one in five hedge fund managers misrepresents her (or his) fund or its performance to investors during formal due diligence investigations."

Excerpt from Associated Press -- "The appointment increases the Principal board to 12 members until the May annual meeting, when board member Arjun Mathrani plans to retire returning the board back to 11."

Excerpt from Professional Manager -- "10 questions is all it takes to give you crucial insight into your boss and boost your success at work, says professor Joe Magee of New York University’s Stern School of Business."

Excerpt from Bill Moyers -- “When it gets so that your opponents are not just people you disagree with, but… the mental state in which I am fighting for good, and you are fighting for evil, it’s very difficult to compromise."

Excerpt from Justia Verdict -- "In addition, as the economist Robert Frank pointed out in a column in last Sunday’s 'New York Times,' charging relatively high tax rates on wealthy people’s income—regardless of its source—will not discourage them from trying to earn more money, so long as the tax rates apply uniformly to all rich people."

NYU Stern’s Salomon Center holds its annual NASDAQ DRP Research Day Conference where Stern’s finance faculty will present research. New this year will be a panel discussion on the current state of the world economy and financial system.

Excerpt from Bloomberg -- "Voters have no reason to endorse a tax cut that’s not for them. The group that pays high rates represents an electoral minority."

Excerpt from Portfolio.com -- "Get to know Tumblr, Instagram, and Pinterest. Several emerging platforms offer visual opportunities that fit hand in glove with most prestige brands' digital marketing strategies, says L2."

Excerpt from RenewableEnergyWorld.com -- "At the street level, the study found that a one percent increase in installed solar leads to a nine percent increase in the street adoption rate."

Excerpt from AGEFI Weekly -- "Instead of having to weight each asset, we should look at all the business in the portfolio of a bank and calculate its risk. The advantage is to take into account the correlation between assets and their volatility (French to English translation)."

Excerpt from The New York Times -- “Economic reforms of this sort take a long time to produce results ... it is likely that Portugal will need longer debt repayment terms or simply additional bailout funds." Additional coverage appeared in The International Herald Tribune.

Excerpt from Reason.com -- "'The Chronicle of Higher Education,' in advance of the publication of [Haidt's] brilliant (I have had the pleasure of reading the galleys) new book, 'The Righteous Mind: Why Good People Are Divided by Politics and Religion,' muses at his provocative notion of affirmative action for conservative scholars in academic psychology. " Additional coverage appeared in Science 2.0 and on Boston.com.

Excerpt from Foreign Policy -- "Nouriel Roubini and I both used the [Davos] conference to announce Russia shouldn't be a BRIC -- the response was very positive."

Excerpt from The New York Times -- “We’re not going to get very labor-intensive, relatively low-skilled jobs in America, and I don’t think we want them. But sometimes it makes sense to have a little help developing technologies that will make us competitive. And sometimes public support for upgrading workers’ skills makes sense.” Additional coverage appeared in CNBC.

Excerpt from Opalesque -- "Professor Stephen Brown describes how his recent research reports into operational due diligence have shown that operational risk is the 'disease' that plagues hedge funds and funds of funds, and accounts for low market-adjusted returns along with many of the fund failures that occurred in 2008."

Excerpt from The Wall Street Journal -- "Overall, art values rose 10.2% last year, according to art-market analyst Michael Moses."

Excerpt from The New York Times -- "Roubini, now one of the world’s most visible economic thinkers, has a similar view, though he sees the timing differently, with the worst coming in 2013 or 2014, when China will face a situation like the one the United States experienced in 2008."

Excerpt from Bloomberg -- “It is fine to have low-skilled jobs as part of the mix or portfolio of employment opportunities. ... It is better than no jobs. But the mix is important too." Additional coverage appeared in Bloomberg Businessweek.

Excerpt from CNC World -- "A lot of hedge funds bought Greek debt that's maturing in March, in the hope that they bought it at deep discounts, in the hope that it would be paid out something close to par and that they would make a quick killing."

Excerpt from Downtown Express -- “We need to be thinking about the long term. Once you’ve sold off a building it’s gone and it’s so hard to find a good building site Downtown for a school.”

Excerpt from Slate -- "I'm a big fan of Paul Romer's essay that draws a different kind of contrast between the way the FAA regulates aviation safety and the way OSHA regulates workplace safety and the implications for financial regulation."

Excerpt from La Nazione -- "The assembly also elected four new members: Professor Gino Cattani, an associate professor at the Stern School of Business at New York University ... (Italian to English translation)."