Experience Stern | News & Events

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.

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 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 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 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 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."

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 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.”

Excerpt from The New York Times -- “Neither the public nor economists foresaw that the [deregulation of savings and loans was] bound to produce looting. The regulators … who understood what was happening from the beginning found lukewarm support, at best, for their cause."

Excerpt from CNBC -- "Greece probably can be bailed out in terms of affordability on the fiscal debt. but they're 40% out of bounds in terms of being able to kind of grow the economy. they have huge trade deficit with the rest of europe. it's -- and they don't have the exchange rate. so it's very hard to see how you can keep greece in the euro zone and have them have a future."

Excerpt from Bloomberg -- "No doubt about it, in many places Halloween reflects urban revival. It also reflects a cultural coming together ... There’s something unifying in the ghoulishness of the spaces between the teeth in the carved pumpkin’s grin." Additional coverage appeared in Bloomberg Businessweek and San Francisco Chronicle.

Excerpt from a MarketWatch blog -- "According to a fascinating body of research (championed in large part by Xavier Gabaix, a finance professor at New York University) plunges as big as 1987’s Black Monday—while rare—are an inherent part of the investment landscape."

Excerpt from CNBC -- " ... any company in the world that wants to build a plant in the united states will get an immediate investment tax credit against the cost of the plant, so the plant's actually tax free. you can then combine that with state and local governments incentives in one form or another to either reduce taxes further or improve education for workers, things like that."  Additional coverage appeared on MSNBC.

Excerpt from BigThink -- "While countries in North America and Europe suffer through a downturn that has people questioning the very foundations of their economies, something far more positive is happening in South America."

Excerpt from New York Daily News -- "'They bring in people who are unlikely to have gone to the area,' said Priya Raghubir, a professor of marketing at New York University."

Excerpt from Financial Times -- "If there are two things most economists can agree on they are that government policies cannot re-inflate bubbles and that the US economy has to move away from a levered, consumption-focused economy to one focused more on production and exports."  Additional coverage appeared in Financial Times.

Excerpt from Forbes -- “The Watches & Jewelry industry is running out of time online. Although these brands are beginning to invest in social media and mobile, transaction-orientation and digital marketing competence such as search, email, and retargeting lag other industries.”  Additional coverage appeared in Retail Jeweller.

Excerpt from The Economist blog -- " ... Nouriel Roubini (who has inherited the title of Doctor Doom from Henry Kaufman) ... outlined the case why he thinks there is a 60% chance of a developed world recession."