Faculty News
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Prof. Roy Smith on Sandler O'Neill's decision to remain privately held
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![The New York Times Logo The New York Times Logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_027320.jpg?h=cd55d432&itok=0KWx6q_9)
Excerpt from The New York Times -- “'A partnership involves people realizing that it’s their own money and it can be lost in market speculation and fines and a lot of other ways,' said Roy C. Smith, a former partner at Goldman Sachs who now teaches finance at New York University. Of course, there is a price to doing business the old-fashioned way. 'It’s a good structure if you are happy to stay a small niche player,' Mr. Smith said."
Faculty News
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![The New York Times Logo The New York Times Logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_027320.jpg?h=cd55d432&itok=0KWx6q_9)
Excerpt from The New York Times -- “'A partnership involves people realizing that it’s their own money and it can be lost in market speculation and fines and a lot of other ways,' said Roy C. Smith, a former partner at Goldman Sachs who now teaches finance at New York University. Of course, there is a price to doing business the old-fashioned way. 'It’s a good structure if you are happy to stay a small niche player,' Mr. Smith said."