Experience Stern | News & Events

Excerpt from The Takeaway -- "[Spence] thinks there is a fifty percent chance of the global economy slipping into another recession."

Excerpt from Targeted News Service -- "The students on Hamilton's NYC program attended a lecture at NYU's Stern School of Business, hosted by David Backus '75, a professor of economics at Stern."

Excerpt from National Post -- “If you’re an entertainer, you don’t necessarily have to play to a packed house in Madison Square Garden.”

Excerpt from USA Today -- "Europe is a short-term trading issue ... U.S. investors with any reasonable time horizon should focus on economic indicators and not the yelling about European banks."  Additional coverage appeared on iStockAnalyst.

Excerpt from Bloomberg -- "Nouriel Roubini ... said today there’s a 50 percent risk that the U.S., the U.K. and the euro region will fall into recession in the next 12 months."  Additional coverage appeared on Bloomberg, two CNBC pieces, MarketWatch, Forbes, AFP and Reuters.

With the US unemployment rate hovering around nine percent and the threat of a double dip recession looming, firms are looking for ways to get the most out of a lean workforce. In a new paper by Sinan Aral, NYU Stern Information, Operations and Management Sciences Professor (@sinanaral) and his co-authors Erik Brynjofsson and Lynn Wu of the MIT Sloan School of Management, the professors offer a recipe for increasing worker productivity by as much as 16 percent: invest in a complementary “3-way system” of 1.) information technology, 2.) HR analytics practices and 3.) performance pay.

Excerpt from TIME -- "In today’s New York Times, Jim Stewart advances that argument in great and compelling detail… He quotes an all-star team of sane banking experts–Paul Volcker, former Senator Ted Kaufman, investment legend Henry Kaufman."  Additional coverage appeared in Insurance News Net and Gainsville Sun.

Excerpt from Motley Fool -- "Renowned finance professor and valuation expert Aswath Damodaran has said that the value of a brand is directly correlated with a company's pricing power."

Excerpt from The Spectator -- "Artwork is an uncorrelated asset ... It doesn't relate to anything that happens in other assets, like oil or gold or the price of wheat or corn. That improves its allure."  Additional coverage appeared on Bizcommunity.com.

Excerpt from Reuters -- "For all of the Eurozone countries faced with unsustainable fiscal policies the solution will involve considerable pain in the form of budget cuts, shrinking public sectors and increases in tax collections."  Additional coverage appeared in a Reuters blog.

Excerpt from Bloomberg -- "Europe may need $2 trillion in its rescue fund to fight the debt crisis, more than the 940 billion euros ($1.3 trillion) that governments are said to be seeking, said Michael Spence, the Nobel Prize-winning economist." Additional coverage appeared in Bloomberg Businessweek.

Excerpt from WIRED -- "'It’s a great example of the increasingly sturdy bridge between biology and political science,' said Jonathan Haidt, a New York University psychologist who studies the relationship between disgust and morality."

Excerpt from TheDeal.com -- "'He knew more about finance than anyone at that time,' says New York University business professor Richard Sylla about Alexander Hamilton, the first secretary of the U.S. Treasury."

Excerpt from The Huffington Post -- "Without new development, without new jobs, without growth, the Greek economy will keep going down." Additional coverage appeared in Skal.

Excerpt from Bernews.com -- "Yes, we will get our tax legislation passed. ... And all those guys who are offshore taking advantage of Americans who pay tax–[those companies] who reinsure their affiliated business offshore will eventually have to pay up."

Excerpt from 3BL Media -- "The Leaders for 2011 were chosen by recommendations from the Leaders of Change for 2010, the United Nations Office for Partnerships, NYU Stern School of Business and the Foundation for Social Change."

Excerpt from CNBC -- "It is crucial, though, to keep expanding your network, and not settle into complacency once you’ve found a group of people with whom you’re comfortable."

The 26th Annual AHBBS Conference, themed "Shifting Landscapes," will feature a variety of speakers and panelists that will share their insights and experiences on the keys to succeeding in a borderless world. The event will also feature a sit-down lunch and closing networking reception with representatives from corporate sponsors such as JPMorgan, Bank of New York Mellon, Credit Suisse, Bank of America Merrill Lynch, Houlihan Lokey, Morgan Stanley, American Express, Barclays Capital, Citi, Deloitte, Merck and Unilever.

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."  Additional coverage appeared in The Huffington Post.

Excerpt from MBA Mission -- "Hosted jointly by the Social Enterprise Club and the Luxury Goods and Retail Club at NYU Stern, the Think Social, Drink Local event features a fashion show highlighting offerings by ecofriendly, or 'green,' designers (modeled by Stern students and administrators) and organic beverages produced by local vineyards and breweries."

Excerpt from OSU's The Lantern -- "People of a higher status were more likely to be trusted on a first encounter than those of lower status."

Excerpt from Reason -- "In my visit to Zuccotti Park, it was clear that the main moral foundation of OWS is fairness, followed by care and liberty. Loyalty, authority, and sanctity, by contrast, are very little in evidence."  Additional coverage appeared on ThinkProgress.org, Business Insider and Falken Blog.

Excerpt from MMUGM Indonesian TV -- "ViBU Real Game simulates a realistic business challenge. Diverse teams from various universities and countries jump into direct competition with each other, for winning the highest firm's market values."

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."

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.”