School News

Prof. Scott Galloway & MBA Student Linz Shelton on boosting your Klout score

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Excerpt from The Wall Street Journal video -- "Often the brands would compliment us - they'd say 'Oh Linz, I love your Theory jacket.' Well if Theory is complimenting me, pretty soon my Klout score is rising because I'm engaging with other high-Klout - in this case - brands," said Linz.  Additional coverage appeared on a Wall Street Journal blog.
School News

Profs Jeffrey Carr & Cynthia Franklin on starting a new business

Excerpt from GeNYU -- “'It’s much cheaper and much quicker for entrepreneurs in this generation to have an idea and get it to market, test it, fit it, revise it and get it back to market,' [Franklin] says. ... 'You have the Dennis Crowleys, you have the Zuckerbergs, you’ve got enough evidence that kids are starting business that can be incredibly successful,'” said Professor Carr.
Faculty News

Prof. Nouriel Roubini is highlighted as a member of a Berggruen Institute council

Excerpt from Bloomberg -- "In early September, the institute assembled a group called the Council for the Future of Europe. It includes former government leaders Gerhard Schroeder of Germany and Felipe Gonzalez of Spain, former European Commission President Jacques Delors, as well as economists Nouriel Roubini ... " Additional coverage appeared in Bloomberg Businessweek.
Faculty News

Profs Elizabeth Morrison and Kelly See's joint research on power and advice is cited

Excerpt from LehighValleyLive.com -- "While attaining her Ph.D. at New York University, Rothman and colleagues Elizabeth Morrison (NYU), Kelly See (NYU), and Jack Soll (Duke University) joined forces to develop research regarding power, confidence and the likelihood of one in power to seek advice."
Faculty News

Prof. Lawrence White on credit rating agencies

Excerpt from Insurance News Net -- "The only thing that would allow SEC to strip you of (NRSRO status) would be a malfeasance in the filing, not incompetency in the rating."
Faculty News

Prof. Jonathan Haidt on decision-making in behavioral finance

Excerpt from Financial-Planning.com -- "In behavioral finance, decision-making usually comes down to getting an investor’s rational functions to override impulsive behavior and steer the investor toward better decisions ... Jonathan Haidt ... James called it “the elephant and rider dynamic."
Faculty News

Prof. Nouriel Roubini on China's economy

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Excerpt from FOX Business -- " ... economist Nouriel Roubini ... said that China faces the risk of a hard landing in coming years as the world economy slows."  Additional coverage appeared on a Financial Times blog, Reuters Africa and Livemint.
Faculty News

Prof. Aswath Damodaran on relative valuation

Excerpt from GuruFocus -- "As Aswath Damodaran pointed out ... the danger of relative valuation is the mere fact its use makes implicit assumptions on growth."
Faculty News

An interview with Prof. Richard Sylla on the history of Wall Street

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Excerpt from NPR -- "Wall Street just got to be the place where you went to do your banking, when you went to buy and sell your stocks and bonds. The House of Morgan was here, National City Banks was here. The First National Bank was here." Additional coverage appeared on WNYC.
Faculty News

Prof. Nouriel Roubini on emerging markets

Excerpt from Bloomberg Businessweek -- "The slowdown in emerging market economies has been moderate so far, Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC, said in a speech in Jakarta today, adding that such economies are strong and resilient."  Additional coverage appeared in Bloomberg Businessweek and two Bloomberg pieces.
Faculty News

In an op-ed Prof. Jacob Jacoby says Obama & Democrats must adopt new communication strategies

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Excerpt from The Huffington Post -- "To move the electorate, an effective response requires adopting more rational, scientifically-based communication strategies, regrettably, something missing from the 2010 campaign."
Faculty News

An op-ed by Prof. Adam Alter on measuring beauty, happiness and wealth

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Excerpt from Psychology Today -- "Many of the concepts that we measure in the social world are difficult to measure objectively, in the absence of reference points, so we're compelled to rely on constantly changing yardsticks."
School News

TRIUM Alumnus Jeremy Kroll on his experience in Prof. Ingo Walter's corporate governance class

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Excerpt from Financial Times -- “The [TRIUM] programme gave [Jeremy] the opportunity to ‘pay close attention to what was going on in the world’ and mull potential business opportunities. Kroll recalls surveying the wreckage of the credit crisis in a class taught by Ingo Walter, professor of finance and corporate governance at Stern.”  Additional coverage appeared in Financial Times, Targeted News Service and The Globe and Mail.
School News

NYU Stern is cited as the 2009 winner of the Smith School's Mergers and Acquisitions Competition

Excerpt from PR Newswire -- "The Smith School's MBA Finance Association presents the Mergers and Acquisitions Competition as its premier fall event. Targeting the nation's top MBA programs, the event's previous champions have represented Notre Dame's Mendoza School of Business (2010), New York University's Stern School of Business (2009) ... "
Faculty News

Nobel Laureate Prof. Michael Spence on the chance of another recession

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

A lecture by Prof. David Backus on the current economy is featured

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."
Faculty News

Executive Board Member and Prof. Richard Bernstein advises US investors

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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.
Faculty News

Prof. Nouriel Roubini on the risk of recession is the US and Europe

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.
Press Releases

New Research Offers 3-Part Solution to Increase Worker Productivity

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.
School News

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

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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.
Faculty News

Prof. Aswath Damodaran on the value of a brand

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."
Faculty News

Prof. Michael Moses on fine art as a financial asset

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.
Faculty News

In an op-ed Prof. Thomas Cooley offers solutions for the European financial crisis

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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.
Faculty News

Nobel Laureate Prof. Michael Spence on Europe's need for a rescue fund

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.