Experience Stern | News & Events

Excerpt from Reuters India -- "Our number is closer to a trillion dollars for European banks and that is as of last week. This is what they would need to withstand a financial crisis kind of like the last one."

Excerpt from The Huffington Post -- "In fact, an ongoing study by the Volatility Institute at New York University's Stern School of Business confirms the danger posed by the bank. Of all U.S. financial institutions, Bank of America contributes the most to systemic risk."

Excerpt from Forbes -- “If investors are going to rely on these firms the way they rely on credit agencies, we’re in for the same outcome."

Excerpt from CNBC -- “There’s an important connection between social unrest and economic trouble, which we are seeing now. There are major inequalities coming from the effects of the financial crisis.” Additional coverage appeared in CNN blog.

Excerpt from CNBC -- "Europe needs 'massive monetary easing' to end the debt crisis, says economist Nouriel Roubini." Additional coverage appeared in The Guardian and Bloomberg.

Excerpt from Bond Buyer -- “The economy is still pretty sluggish and the Fed has promised to keep its target fed funds rate close to zero into 2013, if not longer. And the Obama administration seems to want to raise marginal tax rates on 'the rich,’ however defined; that by itself would make munis more appealing to investors.”

Excerpt from INC Magazine -- " ... specializing in a single product is hardly a new idea: Dunkin' Donuts has been around since 1950, Baskin & Robbins since 1945, pizza shops it seems like forever, and the current cupcake craze is endemic worldwide."

Excerpt from ANSA -- "I think that Italy has a good chance of completing the reforms by the new government (Italian to English translation)."

Excerpt from The Economist blog -- "THIS week's interesting economics research: ... International capital flows and house prices (Jack Favilukis, David Kohn, Sydney C. Ludvigson, and Stijn Van Nieuwerburgh)."

Excerpt from Harvard Business Review blog -- "A misconception: Dealing with funds providers is part and parcel of running the company. You should not spend excessive time on investors but they need attention and guidance."

Excerpt from Bloomberg -- “The contemplated restructuring isn’t likely to be sufficient to make Greece a viable, going economic concern in the future."

Excerpt from Financial Times -- "In these markets, any individual can propose an idea that requires funding, and interested others can contribute funds to support the idea. These markets have recently emerged as a viable alternative for sourcing capital to support innovative, entrepreneurial ideas and ventures."

Excerpt from Clear Admit -- “The challenge, which drew an unprecedented 211 teams in 2011, consists of three separate competitions: the NYU Stern New Venture Competition; the NYU Stern Social Venture Competition; and, new in 2011, the NYU Technology Venture Competition, divided into Life Sciences and IT & Clean Tech tracks. Winners of the three competitions are awarded a combined $250,000 in seed money and in-kind support."

Excerpt from Slate -- "You could imagine Paul Romer getting permission to start setting up aCharter City somewhere five years from now, with part of the start-up conception being that autonomous vehicles will be the exclusive motorized transportation option."Excerpt from Slate -- "You could imagine Paul Romer getting permission to start setting up aCharter City somewhere five years from now, with part of the start-up conception being that autonomous vehicles will be the exclusive motorized transportation option."

Excerpt from Financial Times -- “Greece and probably Portugal need to exit, because there is not a potential for growth."

Excerpt from AdviserPerspectives.com -- "According to Blake, Elton, and Gruber there were as many as 46 taxable bond funds in 1979."

Excerpt from Financial Sense -- "Dr. Altman sees Italy as the final battleground for the survival of the Euro. His analysis is based on the use of a new metric he and his colleagues have developed to estimate the financial health of sovereigns." Additional coverage appeared in Betanews.com.

Excerpt from Financial Times -- "According to economist Nouriel Roubini, India is better placed than the other Brics. After all, its youthful demographics and entrepreneurial zeal is unchanged." Additional coverage appeared in the Financial Times.

Excerpt from The Wall Street Journal blog -- "[Altman] said, the way that the 'd-word'—default—is presented to the world will determine how the markets react to Greece’s debt restructuring (and he believes the country will need another bailout). He predicted that hedge funds will be blamed as the holdouts in the negotiations that will force a technical default." Additional coverage appeared in The New York Times Dealbook blog, Business Insider, and Bloomberg.

Excerpt from Bloomberg -- "While 'the contemplated restructuring isn’t likely to be sufficient to make Greece a viable, going economic concern in the future,' the decision not to trigger credit-default swaps may also be a form of 'collateral damage' from the nation’s default, said Thomas Cooley, an economics professor at New York University." Additional coverage appeared in AdvisorOne.

Excerpt from Forbes -- "In a year in which the S&P 500 returned nothing and earnings growth began to decelerate, the 'art market' as measured by the Mei Moses All Art Index enjoyed an 11 percent gain in 2011."

Excerpt from The New York Times Dealbook blog -- "One draft study of European companies, by Viral Acharya of New York University and Conor Kehoe of McKinsey & Company, found that about two-thirds of chief executives of private equity-owned companies were replaced in the first four years of ownership."

Excerpt from China Weekly News -- "Leading researchers Eugene Agichtein of Emory University, Oliver Downs of Analytical Insights, Inc., and Alexander Tuzhilin of New York University Stern School of Business will join RichRelevance Chief Scientist Darren Vengroff to review all Prize submissions and select the ten semifinalists who will advance to compete for a cash award of up to $1 million." Additional coverage appeared in Professional Services Close-up.

Excerpt from The New York Times -- “In the 200 years from the British Industrial Revolution to World War II there were asymmetries in the world economy, but the entire world wasn’t industrializing and it wasn’t interacting in the same way."

Excerpt from Washington Square News -- "Things like education and infrastructure - improve the roads, improve the airports, educate our kids, get those graduation rates up and encourage more to be going on to higher education — [those are] a legitimate role for the state."