Experience Stern | News & Events

Excerpt from Forbes -- "Damodaran is arguing that RIM should give up and that by giving up it will realize more value for shareholders than it would as an operating business or a takeover target."

Excerpt from CNC World -- An interview with Professor Luis Cabral on the outlook for the global economy.

Excerpt from Financial Times -- "As the economist Michael Spence has documented, a process of this kind is under way: essentially all US employment growth over the last generation has come in non-traded goods."

Excerpt from Financial Times -- “Art prices are not correlated to sudden swings in stock markets but their prices tend to match changes in wealth creation and destruction. I’m not surprised by this growth as we are not seeing the wealth damage of 2008-2009." Additional coverage appeared in City AM, ArtLyst.com, Investment Week, and Mindful Money.

Excerpt from The American Prospect Magazine -- "Whether [Obama] is capable of tilting more to manufacturing—giving domestic manufacturing a tax break along the lines suggested by Santorum or progressives like former IBM executive Ralph Gomory (who also backs tax changes favoring domestic production) is unclear."

Excerpt from Telegraph -- "'There are signs of life in the economy,' says Michael Spence, a Nobel prize-winning economist at New York University."

Excerpt from The New York Times -- "Just 20 months after retiring his PBS series “Bill Moyers Journal,” Mr. Moyers was back in the studio on a Wednesday morning in December, deep in conversation about moral political psychology with the author Jonathan Haidt." Additional coverage appeared in the Charlotte Observer.

Excerpt from Sungard -- "The International Association of Financial Engineers (www.iafe.org) and SunGard (http://www.sungard.com) today announced that Robert F. Engle, the Michael Armellino Professor of Finance at New York University and 2003 Nobel Laureate for Economics, has been named the 2011 IAFE/SunGard Financial Engineer of the Year (FEOY)."

Excerpt from CNN en Español -- An interview with Professor Luis Cabral on Spain's banking and fiscal situation.

Excerpt from CNBC -- "“The impact is enormous. What could be better than to see [the BMW Mini] in ['The Italian Job']? It fits into tight spaces, whips through tunnels. Those things impacted, absolutely, someone who was thinking about buying a small car.”

Excerpt from Reuters -- "The Fed will be watching for further credible evidence that this improving trend is gaining traction because we also went through a better period in the first quarter of last year."

Excerpt from The Huffington Post -- "Robert Frank explains how individual incentives often conflict with those of the larger group in a terrific new book, 'The Darwin Economy: Liberty, Competition and the Common Good.'" Additional coverage appeared in Princeton University Press blog.

Excerpt from USA Today -- "We're a services economy, so you expect to see a rise in services. Some will be hamburger flipping, but some will be higher-skill jobs in health care."

Excerpt from Forbes -- "So much of Asia still could use the kind of remedy U.S. economist Paul Romer has been promoting for a few years--'charter cities ,' or development zones with special streamlined laws (really just rule of law) and low taxes that let trade and commerce flourish."

Excerpt from The Times and Democrat -- "His work on Chaucer led to 'The Rap Guide to Evolution,' 'The Rap Guide to Human Nature' and 'The Rap Guide to Business,' which he was commissioned to write to welcome a new class at New York University's Stern School of Business."

Excerpt from IR Society -- "It looks at the fundamentals of investor communications and breaks down just what it is that investors want, how to achieve this, what to do and not to do."

Excerpt from SmartMoney -- “Things like Apple and phones with digital cameras, they creatively destroyed Kodak. What’s the greatest company in one era is unlikely to be the greatest a half a century later.”

Excerpt from Columbus Ledger-Inquirer -- "And in the fall, University of Virginia psychology professor and author Jonathan Haidt, will discuss his book, 'The Righteous Mind: Why Good People Are Divided by Politics and Religion.'"

Excerpt from IBNLive.com -- "Dr Geeta Menon, Dean, Stern School of Business, New York University and distinguished alumnus of MCC will deliver a lecture on – Business: Past, Present and Future under the distinguished Speakers’ Lecture Series ‘World Class Business Education Programme’ - at Madras Christian College."

Excerpt from Forbes -- "One study by Xavier Gabaix (of MIT) and Augustine Landier (NYU) points out that the six-fold increase of CEO pay between 1980 and 2003 is 'fully attributed' to the six-fold increase in market capitalization (number of shares times share price) of large US companies."

Excerpt from Bloomberg Businessweek -- "Ireland’s economy is 'clearly double-dipping,' New York University professor Nouriel Roubini said today, after a report showed the country’s services sector shrank in December for the first time last year." Additional coverage appeared in Financial Times and Independent.

Excerpt from Dow Jones Daily Bankruptcy Review -- "New York University Professor Ed Altman, who is known for his work predicting corporate defaults, expects the dollar-denominated rate, which is usually lower than the issuer-denominated rates offered by S&P and Moody's, to be north of 3.5% by the end of the year."

Excerpt from BigThink -- "Mitt Romney, a former governor of Massachusetts, beat Rick Santorum, a former senator from Pennsylvania, by just eight votes in the Iowa caucuses. But the really interesting thing was how the people who tried to forecast the result fared."

Excerpt from Bloomberg TV -- "There's no denying they have unbelievable assets. The key is -- are the people who are in charge of these assets -- are they going to unlock the value of these assets? I would argue that this move is another data point in the gang that can't shoot straight."

Excerpt from Business Insider -- "Since this p-value is so small, it leads us to reject this null hypothesis, and start to believe instead that the two candidates are now running neck and neck."