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Faculty News

Stern in the News: September 2010

In September, NYU Stern generated more than 1,000 media hits. Stern faculty were featured for their views on a number of topics including the threat of a double dip recession, the challenges facing the Eurozone, proposed financial regulation and consumer psychology in a variety of prominent media outlets including Bloomberg Businessweek, the Financial Times and The Wall Street Journal.  Additionally, in more than 40 op-eds, Stern faculty offered their perspectives on a number of topics including BP and the Gulf oil spill, Tea Party victories, the trajectories of foreign economies and recommended priorities for reform.

Please continue reading for news highlights from September 2010.

Faculty Research & Accolades

The New York Review of Books: “The Slump Goes On: Why?”
September 30, 2010

Professor Nouriel Roubini’s recent book, Crisis Economics: A Crash Course in the Future of Finance, was reviewed. Seeking Alpha also reviewed the book. His consultation and appearance on the new film ‘Wall Street: Money Never Sleeps’ was cited on CNBC, with additional coverage from The New York Times blog, The Times of India, two Wall Street Journal blogs and The Huffington Post. He was a speaker for the 2010 Bloomberg Dealmakers Summit in New York City and gave a talk in this year’s Google Zeitgeist conference according to NPR. He attended the Ambrosetti Forum, according to ItaliaOggi. Professor Roubini’s attendance at a Credit Suisse conference on renewable energy and social responsibility was highlighted in AMEInfo.com, Islamic Finance News.

CBS Moneywatch.com: “My 2004 Book List”
September 28, 2010

Professor Aswath Damodaran’s books, Investment Management and Investment Fables, were highlighted. His recent research on unstable premiums for investing in risky assets was cited on DailyMarkets.com. His work on the price-to-book ratio, a tool used for stock valuation, was mentioned on TheMoneyTimes.com.

Crane Data: “Yet Another Crisis Study: When Safe Proved Risky in Commercial Paper”
September 27, 2010

Professors Marcin Kacperczyk and Philipp Schnabl’s recent study on commercial paper during the financial crisis was featured.

European Central Bank: “Macro-prudential Regulation as an Approach to Contain Systemic Risk: Economic Foundations, Diagnostic Tools and Policy Instruments”
September 27, 2010

Nobel Laureate Professor Robert Engle delivered a keynote speech at the 13th Conference of the ECB-CFS Research Network in Frankfurt, discussing the NYU Stern Systemic Risk Ranking.

Financial Times Alphaville: “A Loser’s Nightmare in Europe’s Debt Auctions?”
September 24, 2010

Professor Menachem Brenner’s co-authored paper on auction mechanisms was referenced.

Financial Times Alphaville: “Did Nobody Ever Consider that Indexing was Dangerous?”
September 22, 2010

Professor Jeffrey Wurgler’s newest paper on the downside of index-linked investments was discussed, with additional commentary from the Australian Financial Review, FutureofCapitalism.com and LiveMint.com. His paper on the undesirable impact of index investing was also reviewed on Seeking Alpha.

Business Insider: “With Hedge Funds, Smaller Funds Might Offer Better Alpha”
September 21, 2010

Professor Stephen Brown’s co-authored research on hedge fund strategies was cited.

The New York Times Blog: “The Upside of Irrationality”
September 21, 2010

Professor Tom Meyvis’s two co-authored studies on the effect of interruption on consumption experiences were cited on the Freakonomics blog.

TheStreet.com: “Which Casino Stock Will Go Bankrupt?”
September 21, 2010

The Altman Z-scores, developed by Professor Edward Altman, were used in two TheStreet.com articles discussing casino bankruptcy and another TheStreet.com piece that determined the 20 riskiest restaurant stocks. His Z-scores were also featured on Seeking Alpha.

PlanSponsor.com: “‘Say on Pay’ Being Well Used so Far”
September 16, 2010

Professor Fabrizio Ferri’s co-authored research on shareholder activism and executive compensation was discussed.

LiveMint.com: “The Bankers are Back”
September 15, 2010

Professor Thomas Philippon’s research on the size of the financial sector was cited.

Marketing Vox: "Marketing Data Roundup: The Top Ten Brands With the Highest Digital IQ"
September 15, 2010

Professor Scott Galloway’s recent study, ranking the online competence of specialty retail brands and the relationship between social media acumen and revenue growth, was featured, with additional pick-up from Professional Services Close-up and Wireless News. His recent study revealing Republican senators are more digitally competent than Democratic senators was also picked up by the Washington Square News.

MoneyWeb: "Thanks, China for Your Leadership – Manuel"
September 14, 2010

Nobel Laureate Professor Michael Spence’s analysis of growth episodes since World War II was mentioned in the opening speech for the China-World Bank 30th Anniversary Conference in Beijing. His 2001 Nobel Prize in Economics for information economics was highlighted on iMarketNews.com.

Bloomberg: “Yields Fall to Eisenhower Low in Pimco-BofA View of Fed Easing”
September 13, 2010

Professor Richard Sylla’s book, A History of Interest Rates, was cited. It was also featured on Marketplace.

Financial Times: “The Art Market: Back in Gear”
September 11, 2010

Professor Michael Moses was the main speaker for the first ever Luxembourg for Finance conference on art as an investment.

NASDAQ: “Edmond de Rothschild Asset Management Wins the SimCorp StrategyLab Growth Management Excellence Award 2010”
September 9, 2010

Professors Ingo Walter and Michael Pinedo juried the 2010 SimCorp StrategyLab Growth Management Excellence Award. The results were additionally covered on Boursier.com, EuroInvestor.co.uk, in another NASDAQ piece and on Poten.com.

BusinessJournalism.org: “New $5,000 Gomory Prizes Recognize Work on a Company’s Impact on National Economy”
September 7, 2010

The Business History Conference’s prize, named for Professor Ralph Gomory, which recognizes a company’s impact on the economy, was featured.

Europa Press: “Miguel Molins is Appointed New Director of the Fundacion Banco Herrero, Replacing Ana Isabel Fernández”
September 6, 2010

Professor Ana Isabel Fernández’s tenure as the former director of the Fundacion Banco Herrero was highlighted, as well as her recent appointment as adviser to the National Commission Securities Market.

Post Tribune: “Innovative Leadership Needed to Deal with 'Silver Tsunami'”
September 6, 2010

NYU Stern’s research on the correlation between a company's value and its balance sheet is cited.

SimCorp.com: “SimCorp StrategyLab Initiates New Research Program on Best Practices in the Global Investment Management Industry”
September 6, 2010

Professors Martin Gruber and Stephen Brown, along with Executive-in-Residence John Biggs, were highlighted as sector team heads for SimCorp’s new research program. Professor Ingo Walter was quoted on the importance of the work.

Obesity, Fitness & Wellness Week: “HIV/AIDS: Investigators at New York University Target HIV/AIDS”
September 4, 2010

Professor Halina Frydman’s co-authored study on the application of an illness-death model for estimating the survival of people with HIV was featured.

Financial Times: “Wall St Backs Dinallo for NY Attorney-General"
September 2, 2010

Professor Eric Dinallo’s run for New York State Attorney General was reported to have Wall Street’s support, with additional coverage from The New York Times, New York Daily News blog, New York Observer, Reuters, WNYC and two NY1 pieces. His support for Attorney General candidate, Eric Schneiderman, was highlighted in The New York Daily News, with additional pick-up in the Washington Examiner, SILive.com and two LoHud.com articles. His campaign was covered in The Wall Street Journal, Bloomberg, two CBS New York pieces, CNBC.com, two Crain’s New York Business pieces, The Huffington Post, two New York Daily News articles and four blogs, four The New York Observer pieces, three NY1 pieces, three Reuters pieces, two Wall Street Journal blogs, three WNYC pieces and 35 other outlets.

EurekaAlert.org: “Location Determines Social Network Influence, CCNY-led Team Finds”
September 1, 2010

Professor Lev Muchnik’s latest co-authored research finds that someone located at the core of a social network has the most influence, with additional pick-up from Targeted News Service.

Foreign Policy Journal: “Death by Globalism”
September 1, 2010

Professors William Baumol and Ralph Gomory’s latest trade theory was referenced.

Journal of Economic Literature: “Book Reviews”
September 2010

Professor William Baumol's book, The Microtheory of Innovative Entrepreneurship, was reviewed.

Stern's Programs & Community

CNBC: “Friday Look Ahead: Will October Spook Investors?”
September 30, 2010

Member of the NYU Stern Executive Board and Professor Richard Bernstein (MBA ’87) spoke on the extreme views gripping investors as they look towards 2011. His observation that the 2000s were the worse decade for investment was cited in The Huffington Post. He named John McCombe as the new co-president and director of sales and marketing of Richard Bernstein Advisors LLC, according to DigitalJournal.com.

The Wall Street Journal: “The Best Executive MBA Programs”
September 30, 2010

The nine new specializations and 30 elective choices in NYU Stern’s Executive MBA Program were highlighted in the 2010 rankings.

The Wall Street Journal: “Foreign Policies”
September 30, 2010

Alumnus Dan Stern (MBA ’10) from NYU Stern’s Executive MBA Program highlighted his experiences on two NYU Stern Global Study Tours.

ClearAdmit.com: “Admissions Director Q&A: Isser Gallogly of New York University’s Stern School of Business”
September 29, 2010

Executive Director of MBA Admissions Isser Gallogly talked about the MBA admissions process, popular misconceptions about the School and highlighted the School’s new dean, Peter Henry, who joined last January.

CNBC: “Is John Paulson's Super Bullish Call on Housing Insane?”
September 29, 2010

Member of the NYU Stern Board of Overseers John Paulson (BS ’78) urged Americans to sell bonds, buy stocks and homes, and warned of impending inflation. Two Forbes.com blogs, two Globe and Mail pieces, a New York Magazine blog, two Business Insider pieces, Seeking Alpha, Portfolio.com and TheStreet.com provided additional coverage. His thoughts on the positive prospects of hedge funds and current bets were highlighted in two Financial Times pieces, The Economic Times, GuruFocus.com and Tickerspy.com. He was cited on the bullish trajectory of gold in Barron’s, three Bloomberg pieces, a New York Magazine blog, Telegraph.co.uk, WNYC and 11 other outlets. His business savvy and success was featured in New Mexico Business Weekly and he was recognized as the 20th richest person in America, according to the “Forbes 400” list, additionally covered in a Forbes.com blog, The Wall Street Journal blog, Los Angeles Times blog, FINalternatives.com and TickerSpy.com.

The Huffington Post: “Drug Legalization – A Windfall for State Budgets”
September 29, 2010

In an op-ed, PhD student Katherine Waldock discussed her research on the benefits of drug legalization for the fiscal health of both state and federal budgets.

Poets & Quants:  “Directory of B-School Resources for MBA Partners”
September 29, 2010

The NYU Stern Partners Committee was cited as a group that supports MBA students and their partners and spouses throughout the business school experience.

TMCNet.com: “NYU Stern School of Business Relies on Ping Identity and Socialtext to Power their Next-Gen Collaboration Portal”
September 29, 2010

Chief Information Officer Anand Padmanabhan discussed NYU Stern’s implementation of smart technologies to facilitate cutting-edge social collaboration among students, faculty and staff.

Reuters Washington Daybook Report: “The Reuters Daybook”
September 28, 2010

Professor Ralph Gomory discussed American manufacturing at a Committee to Support US Trade Laws conference.

The St. Petersburg Times: “The Emergence of the ‘Renaissance’ MBA”
September 28, 2010

NYU Stern was cited as one of the business schools incorporating theater and literature into its coursework to produce a new generation of well-rounded business leaders.

The Wall Street Journal: “Howdy Partner: Teaming Up in Business”
September 28, 2010

Robert M. Donnelly (BS '65), a small-business adviser working with NYU Stern’s Berkley Center for Entrepreneurship & Innovation, was cited on the benefits of complementary partnerships in business.

MarketWatch: “A Double Dip May be Ahead: Kaufman”
September 27, 2010

In an interview, NYU Life Trustee and Chairman Emeritus of NYU Stern Board of Overseers Henry Kaufman (PhD ’58) declared that the global financial crisis is not yet over. He was additionally cited in Resource Investor. He pointed to a lack of action regarding the debt position of households, businesses and the American government in a Bloomberg Businessweek panel.

The Wall Street Journal: “New Song for Milford Plaza Hotel”
September 27, 2010

Member of the NYU Stern Board of Overseers Philip Milstein (MBA ’74) plans to sell the Milford Plaza Hotel to a private equity firm. Additional coverage appeared on TheRealDeal.com. He also spoke about the Seymour and Vivian Milstein Award for Excellence in Interferon and Cytokine Research in PharmaLive.com.

Financial Times: “UCLA Anderson to Launch a Global EMBA”
September 26, 2010

The TRIUM Global Executive MBA, a joint program with NYU Stern, LSE and HEC Paris, was featured.

Reuters India: PepsiCo CEO Indra Nooyi Sees Great Growth, Hurdles for India”
September 23, 2010

Executive-in-Residence and Member of the NYU Stern Board of Overseers Chandrika Tandon, sister of Nooyi, was highlighted as a trustee and board member of the American India Foundation.

Financial Times: “Tips for First-Year MBA Students”
September 22, 2010

MBA student Chloe Weisberg offered essential tips for maximizing the MBA experience. She reminisced about the global summer internships afforded by her program, highlighted Professor Aswath Damodaran and looked ahead to her final year in another Financial Times blog.

BroadcastNewsroom.com: “Video Volunteers Elects Davia B. Temin Chair of the Board”
September 20, 2010

Leadership changes in the 2007 NYU Stern Social Venture Competition winner, Video Volunteers, were featured.

InsideFAC.com: “King Takes the Helm at Facultative Resources”
September 20, 2010

Vice Chairman of NYU Trustees and Chairman of the Stern Board of Overseers William Berkley (BS ’66) commented on Gerald King’s new post as president of Facultative Resources.

Targeted News Service: “New Knowledge Bank Helps Those Seeking to Measure Effectiveness of Philanthropy”
September 20, 2010

Professor Jill Kickul coordinated an expert review panel that examines the online database of Tools and Resources for Assessing Social Impact (TRASI), which contains tools for measuring and analyzing social impact for programs and investments. Additional coverage appeared in States News Service.

Technorati.com: “Hot Over Facebook Events with HotList”
September 20, 2010

The HotList, a location-based social event discovery application created by the winners of the 2007 NYU Stern New Venture Competition, was featured, with additional pick-up from InsideFacebook.com.

The Washington Post: “At CNBC Town Hall, Obama is Asked: ‘Is the American Dream Dead?’”
September 20, 2010

As a representative of the business community in the town hall, Vice-Chairman of NYU’s Board of Trustees and Member of the NYU Stern Board of Overseers Kenneth Langone (MBA ’60) questioned the perceived anti-business stance of the Obama administration, with additional pick-up from TheStreet.com and FutureofCapitalism.com. He was cited during a Barron’s interview with former Chrysler Chief Robert Nardelli. His donation to the NYU Langone Medical Center, listed as one of the best hospitals in the US was highlighted in Becker’s Hospital Review.

American Banker: “And the Nominees for Dodd-Frank Posts ... Nobody”
September 16, 2010

US Treasury Secretary Timothy Geithner’s speech on financial reform at NYU Stern was cited, with coverage from Bank Investment Consultant, Targeted News Service and States News Service.

AOL Daily Finance: “CEO of John Wiley & Sons to Retire”
September 16, 2010

Member of the NYU Stern Board of Overseers William Pesce (MBA ’75) announced his April 2011 retirement as CEO of John Wiley & Sons. Crain’s New York Business and TheBookSeller.com also covered the story. On TheBookSeller.com, Pesce, president and CEO of John Wiley & Sons, talked about his company's four million share buyback program.

myCentralJersey.com: “AP Scholars Named at The Wardlaw-Hartridge School”
September 16, 2010

Undergraduate student Garima Kapoor was presented an AP Scholar with Honor Award for exceptional achievement in her Advanced Placement Program Exams.

Emirates News Agency: “NYU Abu Dhabi Institute Launches Third Year of Successful Public Event Series”
September 15, 2010

Professor Ingo Walter led the first NYU Abu Dhabi event of the season, “Global Finance After the Crisis,” with additional pick-up on AMEInfo.com.

Forbes.com: “CSR and The Job Hunt: What 51 MBA Students Accomplished This Summer”
September 15, 2010

MBA student Jonathan Stone’s energy efficiency project for his summer internship at News Corporation was featured. ElectricEnergyOnline.com highlighted two NYU Stern students as participants in the Environmental Defense Fund’s Climate Corps, with additional coverage from Stock Markets Review.

The Times of India: “GRE OK for an Ivy League MBA”
September 14, 2010

NYU Stern was cited as one of the top-tier business schools that accept the GRE or the GMAT for MBA application.

The Wall Street Journal: “Fewer Empty Seats May Mean More Runs”
September 14, 2010

PhD student Erin Smith’s research on the relationship between audience attendance and team scores was featured.

wiwo.de: "Ich Weise Solche Vorwürfe Von Mir"
September 14, 2010

NYU Stern’s focus on developing globally-minded students was featured.

Bloomberg Businessweek: “New Banking Rules Lift Global Markets”
September 13, 2010

MBA student Eric Viloria’s analysis of Basel III’s new banking rules was cited, with further coverage in the another Bloomberg Businessweek piece, Canadian Business, two CNBC pieces, Daily Mail, Forbes.com, The Herald Scotland, Investor’s Business Daily, Northeast Journal, three Reuters pieces, ThisisMoney.co.uk, Marketplace, MarketWatch and Yahoo! Finance Canada.

The New York Times: “For the Bad News Bulls, Adversity is Opportunity”
September 13, 2010

Professor Nouriel Roubini and Member of the NYU Stern Board of Overseers John Paulson (BS ’78) were cited on the possibility that the recovery is inevitable, despite the flood of negative indicators.

NYULocal.com: “The Best and the Worst Places to Have Class at NYU”
September 13, 2010

NYU Stern’s Tisch Hall was ranked as one of the five best places to have class at NYU.

Business Insider: “The New York Times' Latest Hyperlocal Site Will Launch on Sept. 13”
September 7, 2010

The NYU Stern Consulting Corps, The New York Times and NYU’s Arthur L. Carter Journalism Institute partnered to launch the hyperlocal news site ‘Local East Village,’ with additional coverage from States News Service.

Financial Times: “Manchester Hopes to Make Waves in Miami”
September 6, 2010

The TRIUM Global Executive MBA, a joint program with NYU Stern, LSE and HEC Paris, was highlighted as one of the business school programs pioneering transatlantic alliances.

Hurriyet.com: “Şener, ABD’li MBA öğrencilerine TAV’ın başarısını anlattı”
September 6, 2010

Professor George Smith spoke on the Executive MBA Program’s Global Study Tour to Istanbul.

The New York Observer: “Ring My Bell: Maria Bartiromo to Teach a Class at NYU”
September 3, 2010

NYU alum and CNBC Closing Bell host Maria Bartiromo to co-teach "Global Markets and Normative Frameworks" during NYU Stern’s Fall 2010 semester.

Shanghai Daily: “Fudan's IMBA Students Benefit from Going Abroad”
September 1, 2010

NYU Stern hosted IMBA exchange students from Fudan University School of Management.

UAE Interact: “Micro-Macroeconomic Indicators are Vibrant: Lubna”
September 1, 2010

Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade spoke to an NYU Stern delegation on how non-oil sectors are affecting the UAE economy, with additional coverage from Mist News.

Emigrant Bank blog: “Real Estate Operators in 2009 Top Ten”
September 2010

Member of the NYU Stern Board of Overseers Leonard N. Stern (BS ’57, MBA ’59) was named one of the top-ten real estate operators of 2009.

Guyism.com: “The 50 Best Colleges for Men 2010-11”
September 2010

NYU Stern was named one of the fifty best colleges for men.

New York Daily News: “Social Commerce”
September 2010

NYU Stern’s October 15, 2010 L2 Digital IQ Index ® workshop, “The Social Commerce Clinic,” was featured.

Global Health Nexus: “Celebrating Our Community”
Summer 2010

MBA student and winner of Stern’s 2010 Social Enterprise Competition Chirag Sadana (MBA ’12) and partner Alex Ruano were featured for their company, America Smiles.

Expert Commentary from Faculty

The Bond Buyer: “Banks Seek Data From MBIA”
September 30, 2010

Professor Eric Dinallo was cited on the restructuring of MBIA Insurance Co. His testimony to Congress’ financial crisis commission on deregulation was highlighted in The Huffington Post. His thoughts on the AIG bankruptcy were featured in The Wall Street Journal.

The New York Times: “Goldman Kicks Off National Advertising Campaign”
September 30, 2010

Professor Russell Winer discussed Goldman Sachs’ new ad campaign in the DealBook blog.

LiveMint.Com: “Building Institutions through Identity”
September 29, 2010

In a co-authored op-ed, Professor Arun Sundararajan shared his thoughts on the potential within the unique identification project (UID), led by India’s Prime Minister.

The Daily Beast: “America’s Prime Minister”
September 28, 2010

In an op-ed, Professor Tunku Varadarajan commented on the departure of Rahm Emanuel, counting it as a substantial loss for the Obama administration. In nine other Daily Beast op-eds, he commented on the GOP’s Pledge to America, Velma Hart’s expressed disappointment in President Obama during a town hall meeting, Tea Party victories in the primaries, Bill O’Reilly’s new book Pinheads and Patriots, Secretary of State Hillary Clinton’s speech at the Council of Foreign Relations, Rev. Terry Jones and Quran burning, President Obama’s vanishing sex appeal and Tony Blair’s new memoir, A Journey. He also shared his A-Z guide to the Tea Party in another Daily Beast piece. His cogitations on the possible role of identity politics with respect to the rise of Indian-American Republics was cited in The Washington Post, with additional pick-up in Buffalo News, The Detroit News, The New York Post, The Pittsburgh Post-Gazette and 14 other news outlets.

CNBC: “Voters Should be Hearing about Housing Finance Reform”
September 27, 2010

In an op-ed, Professor Lawrence White shared his thoughts on why voters should be thinking about housing policy come November. His views on the legalese of mortgage contracts, while in the Regional Conference on Housing Finance Reform in Cleveland, were highlighted on Cleveland.com and 19ActionNews.com. He spoke on Bloomberg TV’s “In the Loop” about the planned departure of Lawrence Summers as director of President Obama's National Economic Council and the future of US Treasury Secretary Timothy Geithner, with additional pick-up in The Washington Post. WPS featured his call for increased requirements for bank capitalization, liquidity and supervision on the anniversary of the Lehman Brothers bankruptcy. On NHK, Professor White discussed the possible implications of the Dodd-Frank Act on the financial system, on big and small banks, on hedge funds and on the economy as a whole.

TheTicker.org: “High Frequency Trading Gives Professionals Edge”
September 27, 2010

Professor Bernard Donefer explained that the real mechanisms behind what is known as high frequency trading is actually the aggregate of individual strategies enacted independently by a large number of market players.

Jordan Times: “IMF and Global Coordination”
September 26, 2010

In an op-ed, Nobel Laureate Professor Michael Spence shared his thoughts about how the financial crisis underlined the critical role the International Monetary Fund plays in global coordination. Additional coverage appeared on All Africa, Daily News Egypt, Gulf Times, Malaysia Star, The Malta Independent, JoongAng Daily, Emirates247.com, Project-Syndicate.org, Mmegi Online and Joins.com. His leadership role in an economic commission was highlighted in The Wall Street Journal, with additional coverage in Vanguard.

Marketplace: “Spending Habits: Influenced More by Peers, or Demographic?”
September 24, 2010

Professor Tom Meyvis said that people are neurologically wired to compare themselves with people they actually know, not abstractions of a large population.

Financial Times: “Repo Needs a Backstop to Avoid Future Crises”
September 23, 2010

Professor Viral Acharya argued that a resolution mechanism would solve the problems plaguing the repo market. He spoke on systemic risk and offered reform proposals to help avoid future crises, according to the Chicago Fed Letter.

Le Jeudi: “When Profit Means Pleasure”
September 23, 2010

Professor Michael Moses’ comments on the viability of art as a profitable asset were highlighted. His comments of the health of Latin American art’s market performance were featured in the Financial Times Beyond Brics blog.

Bloomberg Businessweek: “Finance: Post-Crisis, Still a Hot Major”
September 20, 2010

Professor Robert Whitelaw commented on the new opportunities opening up for finance majors, especially nontraditional fields such as risk management and financial regulation.

The Economic Times: “What Makes Women Successful in Indian Banking Industry?”
September 20, 2010

Professor Sheila Wellington commented on the intactness of the glass ceiling for women in the finance industry of Western countries, with additional coverage in The Times India.

The Washington Post: “What America Needs is a Payroll Tax Cut”
September 17, 2010

In an op-ed, Professor Nouriel Roubini contended that a payroll tax cut is the most effective tool to prevent a double-dip recession. It was additionally cited in Bloomberg, Business Insider, two CNBC pieces, Washington Post and three other outlets. In a co-authored piece for Forbes.com, he said that recent data suggests the US will face a long period of slow economic growth. His thoughts on bank mergers, the Swedish solution for its 1990s banking crisis, gold, the US and Canadian economic outlook, unemployment and the proposed recovery policy, the possible therapeutic effects of mortgage defaults, the difficult future facing the Eurozone, the Asian economic outlook, global currencies and how to prevent a re-birth of Gordon Gekko were highlighted on six CNBC pieces, cited in seven Bloomberg pieces, referenced in six Bloomberg Businessweek pieces, Dow Jones, The Economist blog, Financial Times blog, two Huffington Post pieces, PBS.org, three Reuters pieces, Telegraph.co.uk, two Wall Street Journal pieces, Wall Street Journal blog, The Washington Post and 50 other outlets. He further predicted the end of free market capitalism and the decline of American financial influence in another co-authored piece for Institutional Investor that was commented on in Business Spectator, Seeking Alpha and three other outlets. His rise as economist and academic was featured in The Journal of Finance.

China Business News: “Those Who have Fallen: Financial Giants”s
September 16, 2010

Professor Charles Murphy commented on changes in bank structures after an economic downturn.

The National: “GCC Must Learn Lessons of Euro”
September 16, 2010

Professor Ingo Walter shared his skepticism of the Gulf Cooperation Council’s (GCC) single currency project, citing the need for political convergence and a thorough weighing of its advantages over the current regime. His comments on the Italian economy were highlighted in The Banker.

Newsweek: “Lehman’s Clear Lesson”
September 15, 2010

Professor Philipp Schnabl commented on how the opacity of a bank like Lehman Brothers could lead to an unwarranted bank run, with additional pick-up on TheStreet.com.

BVWire News: “Professor Damodaran Invites BVR Readers to Class”
September 14, 2010

Professor Aswath Damodaran reflected on teaching corporate finance and valuation and invited readers to attend a class.

The Huffington Post: “Jobs, Trade, Mercantilism – Part I – Facing Reality”
September 13, 2010

In an op-ed, Professor Ralph Gomory expressed the hazard of the US trade deficit and the need to prioritize it on the national agenda. His thoughts on the future of American manufacturing were cited in The Huffington Post, with additional pick-up in Campaign for America’s Future. He was cited as a possible replacement for Larry Summers as Obama’s chief economic adviser on IdealTaxes.com. His comments on the “innovation delusion” were highlighted in the Victoria Advocate and UPI.com.

Fortune: “Don’t Count on Exports to Save the Economy”
September 10, 2010

Professor David Backus said that exports are not large enough to significantly drive the US economy.

The Wall Street Journal (Japanese)
September 10, 2010

Professor Edward Lincoln commented on Japan’s lack of political leadership and the tragic state of its economy.

Reuters: “Fed and Banks Wrangle Over Scope of Pay Oversight”
September 9, 2010

Professor David Yermack shared his views on the tension between maximizing shareholder value and minimizing default risk in the executive compensation debate, with additional pick-up on Forexyard.com.

The Wall Street Journal: “Bankruptcy Court is Latest Battleground for Traders”
September 9, 2010

Professor Edward Altman’s estimate of the distressed-debt market’s rapid growth was cited. He noted the problematic focus on the trivial expense of legal and consultation fees during bankruptcy proceedings and called for a closer look at the reorganization process on CNNMoney.com.

Forbes.com: “The Dog Days”
September 8, 2010

In an op-ed, Dean Emeritus and Professor Thomas Cooley brought his thoughts to bear on the battle between austerity and spending as the proper course to economic recovery. His thoughts on the Dodd-Frank Act during a Yale University Roundtable were featured in the Connecticut Business News Journal, Fortune, Yale Daily News and GuruFocus.com.

Reuters Insider: “Reuters Business Wrap: Wall Street Bounces Back”
September 8, 2010

Professor Joseph Foudy argued that extending tax cuts for the rich will help the economic recovery, especially in small business investment and similar areas. He also spoke to Globo TV about whether the middle class is shrinking and how the financial crisis is affecting the middle class. Professor Foudy spoke to BBC News about foreign car companies in the US and how the Chrysler/GM bailout affected car companies in the South.

Reuters Insider: “BP’s Report Strategically Helpful, Says NYU Professor”
September 8, 2010

Professor Irving Schenkler shared his analysis on the tone, meaning and implications of the latest BP-authored report on the Gulf oil spill.

BBC: “Merger Mania Returns to the Markets”
September 6, 2010

Professor Robert Lamb noted the tendency of newly consolidated firms to lay off workers in order to recoup the costs of acquisition.

Financial News: “Banks Should Finance Recovery”
September 6, 2010

In an op-ed, Professor Roy Smith argued that government must work with banks instead of stifling them with regulation in order to bring about the recovery. He commented on the preponderance of bad press and negative imagery surrounding Wall Street banks and bankers for CNBC.

PBS Nightly Business Report: “Help Wanted – The Recession and the Unemployment Picture”
September 6, 2010

Professor Richard Sylla’s views on the endurance of unemployment after a crisis and the difficulty of recovering from a financial crisis — as opposed to a garden-variety recession — were highlighted in an interview.

Psychology Today: “The Perils of Subtle Miscommunication”
September 3, 2010

In an op-ed, Professor Adam Alter illustrates the dangers of ‘pseudo-communication,’ when miscommunication is instead understood to be successful communication.

Financial Times: “The EU Can Be a Boon for Greece”
September 2, 2010

In an op-ed, Professor Paul Romer commented on the ways Greece can use the EU to reduce corruption and improve wages. He was cited for his work on how scientific and technical knowledge accumulation powers economic growth in The Atlantic.

Dollars & Sense: “The Undeserving Rich”
September 1, 2010

Professor William Baumol’s thoughts on the role of innovation in bolstering GDP since the 1870s were highlighted.

NHK: “Economides on Greece”
September 1, 2010

Professor Nicholas Economides shared his views on the national debt, financial markets and the economy in Greece.

Deutsche-Welle (Radio)
September 2010

Professor Paul Wachtel shared his perspective in a piece about the two-year anniversary of the Lehman Brothers bankruptcy, discussing the consequences of that event, improvements that have been made to the regulatory system as a result and what's next for policy makers and businesses. On NHK, Professor Wachtel offered insights on how the government might react to future volatility in currency markets.

The Federal Reserve Bank of Minneapolis: “Interview with Thomas Sargent”
September 2010

Professor Thomas Sargent was interviewed on the state of modern macroeconomics, polar models of bank regulation and the problem of persistently high unemployment.

TV Tokyo's Money Encyclopedia
September 2010

In a segment on volatility, Professor Marti Subrahmanyam discussed how to quantify risk, what the measure of volatility is used for and what kinds of volatility exist and how they differ.

NOTE: Due to subscription policies, not all articles cited could be included with a link to the full article.