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  • Mashable Logo
    Excerpt from Mashable -- "Banks have experimented with the idea of equity versus debt in home financing for at least 25 years, according to Lawrence White, a professor at New York University's Stern School of Business who has studied mortgage markets. 'It wouldn't surprise me if anyone lending against somebody's castle or somebody's estate in 16th century England would have said, "Why don't I take a piece of equity and why am I lending?"' White said."
  • wnyc logo feature
    Excerpt from WNYC -- "'Where are JPMorgan Chase, where are Bank of America, where are Citigroup? These are aggressive lenders to the real estate sector. In most instances, they are leaders in lending to this sector, so where are they?' asked Roy Smith, a professor of finance at NYU's Stern School of Business. It could be that Trump has created a comfortable niche for himself, borrowing money from smaller local institutions instead of bigger banks, said Smith."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "'If you took into account the interests of the collective welfare of all shareholders in the financial system, you’d cut back on dividends,' Viral Acharya, a finance professor at New York University and one of the study’s authors, said in an interview."
  • financial times logo feature
    Excerpt from the Financial Times -- "Roy Smith, a former president of Goldman Sachs International and now a professor at NYU Stern School of Business, said: 'It is never a good idea to say that [you won’t pay] when you are dealing with the Justice Department.'"
  • reuters logo feature
    Excerpt from Reuters -- "Look at the high-level data and it is easy to see why my assertion that the industry is too big and too self-serving is fair. The unit cost of a dollar of financial intermediation has remained about two cents for 130 years, according to data from Thomas Philippon, Professor of Finance at New York University."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "Sidney Homer and Richard Sylla, co-authors of the landmark 'History of Interest Rates,' noted that in the second half of the 19th century, the corporate debt of railroads tended to run to 50 or 100 years. One source concluded that two-thirds of all railroad debt issued in the 1890s ran 50 years or more."
  • fortune logo feature
    Excerpt from Fortune -- "I think the shift is fundamentally good for the following reasons: We're moving the role of the individual from being a provider of labor or talent in exchange for a wage from the institution to actually being part owner. Being someone who runs a small business through an institution. So you go from working for a hotel to being an Airbnb host that's running a small business through the hotel. You go from driving for someone else as an employee to being an Uber driver. You go from working in a retail store to being an Etsy seller. So as the role of the individual shifts from being laborer to being owner, we're going to in the long run, reduce inequality because we're spreading the ownership of capital in society across a broader range of people."
  • fastcoexist logo feature
    Excerpt from Fast Co.Exist -- "'A state-based visa program would create a temporary work permit that would allow participating states to manage the flow and regulate the quantity of temporary migrants who want to live and work within their border,' write Brandon Fuller and Sean Rust for the CATO Institute, a think tank."
  • politifact logo feature
    Excerpt from Politifact -- "'These are publicly traded companies,' said Lawrence White, an economist at New York University’s Stern School of Business. 'If Mr. Trump received a dividend payment, then he must have owned shares of stock in that company -- that is, he was invested in the stock market.'"
  • economist logo feature
    Excerpt from The Economist -- "'Trump is something other. Trump is bringing in emotions and concerns that were not well-represented on the traditional left-right scale before', says Jonathan Haidt, a social psychologist at New York University."
  • buzzfeed news logo
    Excerpt from BuzzFeed News -- "'In credit cards and other aspects of consumer banking, the model often relies on making money from fees that the customer isn’t paying attention to or is even aware of,' said Claudine Gartenberg, assistant professor at New York University’s Stern School of Business, to BuzzFeed News."
  • forbes logo feature
    Excerpt from Forbes -- "Says Jonathan Haidt, Professor of Business Ethics at NYU and founder of Ethical Systems, 'Good people will do terrible things when people around them are even gently encouraging them to do so.'"
  • new york post logo feature
    Excerpt from The New York Post -- "For Samsung, 'this PR disaster could not have come at a worse time,' says Anindya Ghose, a professor at the NYU Stern School of Business. 'It definitely gives a temporary edge to Apple, especially for any consumer who was sitting on the fence,' Ghose added."
  • financial times logo feature
    Excerpt from Financial Times -- "'He’s a very prickly guy and a very proud man, prepared to take his last years and much of his fortune to try and prove himself right and the others wrong,' said Roy Smith, a professor at NYU Stern School of Business."
  • fastcoexist logo feature
    Excerpt from Fast Co.Exist -- "Research by N.Y.U. researchers Samuel Fraiberger and Arun Sundararajan last year found that ride-sharing has a 'disproportionately positive effect on lower-income consumers' mostly because poorer groups are more likely to switch from owning to renting."
  • new yorker logo feature
    Excerpt from The New Yorker -- "I spoke with Kermit Schoenholtz, a former chief economist at Citibank and now a professor of banking finance at the N.Y.U. Stern School of Business, and the co-author of an essential banking textbook. He told me that, since the beginning of the Great Depression, our system of bank regulation has relied on bank self-monitoring; it’s long been clear that government banking cops could never match the resources of the banks themselves. Each fine, then, serves two purposes: to punish the wrongdoing and also to warn all banks that they will pay a stiff price if they don’t root out such activity. But he warned me, 'The mechanism isn’t working.'"
  • new york times logo feature
    Excerpt from The New York Times -- "Maria Patterson, who teaches business ethics and law at the Stern School of Business at New York University, said the state might be aided in court by the lack of a requirement to prove fraudulent intent, which is generally required in federal fraud cases. The state’s anti-fraud Martin Act, she said, 'is designed to deal with deceit that does not comply with standards of common honesty.'"
  • washington post logo feature
    Excerpt from The Washington Post -- "'For something like parking, there is huge potential in the peer-to-peer model,' said Arun Sundararajan, a professor at New York University’s Stern School of Business. 'There’s a shortage of it in pretty major every large city, and it typically doesn’t require using space inside someone’s house.'"
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Negative rates? You rub your eyes and search your memory. You can recall no precedent. And if you consult the latest edition of 'A History of Interest Rates' (2005) by Sidney Homer and Richard Sylla, you will find none. A recent check with Mr. Sylla confirms the impression. Today’s negative bond yields, he says, are the first in at least 5,000 years."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "A question I often ask companies: 'If tomorrow you stopped growing, would you be able to make money on your existing business?' And I think the answer is no for Uber, if tomorrow, the game came to steady state. This is a business where they're giving away rides. What it costs me to go from where I live to Newark airport is $15. What it used to cost me on a cab is $55. There is no way with that $15 that that driver is making enough money to cover the cost of maintaining his car. This is not a sustainable, long-term business. Something has to change."
  • atlantic logo feature
    Excerpt from The Atlantic -- "'Consumers are jaded about advertising in a way they weren’t several decades ago,' says Adam Alter, an associate professor of marketing at New York University’s Stern School of Business, via email. 'It is harder to appeal to them than it used to be, and they tend to see through overt marketing pitches.' That has in turn led to a new arsenal of branding tactics. 'Companies have had to learn subtlety,' Alter says."
  • bloomberg logo new
    Excerpt from Bloomberg -- "The risk is really interesting because the banks in China are owned by the government. They're state-owned enterprises. Much of the loans are to state-owned enterprises or to municipal governments. And so, in many ways, all this risk is essentially guaranteed by the government. So you might think there's no risk at all. But really, it's the government that bears that risk, and the government bears risks of trillions of dollars of loans. And unless there is better risk management by the banks and by other institutions, this risk is going to surface and be another negative factor in the Chinese growth puzzle."
  • politifact logo feature
    Excerpt from PolitiFact -- "'It is true that Trump's businesses have received a lot of attention, but without the release of Trump's tax returns, we don't know a lot about his personal financial situation,' said Lawrence White, an economist at New York University’s Stern School of Business."
  • – Faculty News

    Professor Anindya Ghose discusses Apple's new iPhone 7

    September 7, 2016
    marketplace radio logo feature
    Excerpt from Marketplace -- "The release of a seemingly lackluster version could also end up benefitting Apple in at least one way, according to Anindya Ghose, a professor of information technology at NYU’s Stern School of Business. 'It’s a very smart experiment by Apple to test the true extent of their loyal base,' Ghose said. 'Sometimes, in the long scheme of things, these price experimentations are a great way for a company — even as brilliant as Apple — to be able to infer market appetite for future renditions of the same product.'"
  • CFO magazine
    Excerpt from CFO -- "'It’s a response to very detailed questions of companies about the classification of certain cash flows in the cash flow statement. The transactions are very specific and infrequent,' he added. In Lev’s view, FASB’s attempt to improve cash-flow accounting by adding rules rather than creating a system that rests on broad general principles 'increases GAAP complexity.'"


Contact NYU Stern Public Affairs

If you're a member of the press, please contact Stern’s Office of Public Affairs at:

Phone: 212-998-0670
Fax: 212-995-4950

Or contact us directly:

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(212) 998-0678;

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(212) 998-0202;

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(212) 998-0624;

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