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  • financial times logo feature
    Excerpt from the Financial Times -- "In the 1920s, American finance also dazzled. Indeed, profits were so high that the economists Thomas Philippon and Ariell Reshef estimated that average banker pay was 1.6 times higher than other professions in 1928 (which, in a neat twist of history, was the same ratio seen in 2006.)"
  • clear admit logo feature
    Excerpt from Clear Admit -- "Last week, NYU Stern celebrated 'Ally Week,' a week of celebrating being an ally in support of diversity of all forms. The celebration included a film screening of Trevor, panel discussions, safe space forums, a day of service and more. Sternie Janice Yong reflected on the week: 'Again, we know there is still so much we can do to support diversity and allyship, but I can promise you that we at Stern are dedicated to seeing this effort through.'"
  • los angeles times logo feature
    Excerpt from the Los Angeles Times -- "'He [Hamilton] launched the financial system, he straightened out the government's finances,' said Richard Sylla, financial history professor at the NYU Stern School of Business. 'A lot of the good things about American history were due to what Hamilton did as treasury secretary. I think Americans weren't quite aware of that.'"
  • – Faculty News

    Professor Aswath Damodaran discusses Yahoo's value

    April 20, 2016
    cnbc logo feature
    Excerpt from CNBC -- "'It is still not clear what is being offered in the auction, but I can almost guarantee you that it does not include cash on hand,' said Aswath Damodaran, finance professor at the Stern School of Business, who has owned shares of Yahoo. Damodaran initially valued Yahoo in 2014, calling the company 'a puzzle, a mystery and an enigma.' He found the core business was worth $4.6 billion and has declined in value since."
  • crowdfund beat 192 x 144
    Excerpt from CrowdFund Beat -- "'In the future, donors will be a lot more circumspect and skeptical about putting in money, especially in projects where they could have even an inkling of an idea that this might be bought out by a tech giant like Google, Facebook, or Apple,' says Anindya Ghose, a professor at New York University who studies the crowdfunding sector. 'They do not believe in backing projects for financial, commercial reasons. For them it’s a lot about a cause or altruism.'"
  • bloomberg logo new
    Excerpt from Bloomberg -- "... In terms of bidding, the odds [favor] Verizon because Verizon can afford to overpay $105 million; 105 million handsets plus the assets of AOL and Yahoo. You're looking at what can be the largest mobile network in the world. … The epicenter of growth around media is mobile advertising. So Verizon can probably come in and spill a billion or two billion bucks to get this thing over."

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  •  Iowa MBA Business Analytics Case Competition_feature
    A team of NYU students, including Andrew Hamlet (MBA ’16), Troy Manos (MBA ’16) and Zewei Liu and Yang Yang from the NYU Courant Institute of Mathematical Sciences, earned the top spot in the inaugural Iowa MBA Business Analytics Case Competition.
  • Kerry Kennedy_feature
    On April 20, 2016, the NYU Stern Center for Business and Human Rights hosted a discussion between Dean Peter Henry and Kerry Kennedy, President of Robert F. Kennedy Human Rights. Topics included the business case for human rights, Ms. Kennedy's history of human rights activism and how investment can be a game changer with respect to human rights in the business context.
  • CREFR Fifth Annual Spring Symposium feature
    NYU Stern's Center for Real Estate Finance Research hosted the Fifth Annual Spring Symposium, "Commercial Real Estate Development in NYC: A Golden Age or a Cooling Market?" The symposium featured leading real estate experts, four different panels and explored recent development activity in several major sectors.
  • – Research Center Events

    Measuring Human Rights Performance: Metrics that Drive Change

    April 20, 2016
    KMC Street View Feature
    NYU Stern's Center for Business and Human Rights and RFKennedy Compass Program at Robert F. Kennedy Human Rights will host a workshop, Measuring Human Rights Performance: Metrics that Drive Change, 20 - 21 April at NYU in New York City.
  • haitkin lecture seema saifee 192x144
    Seema Saifee, staff attorney for the Innocence Project, delivered the 11th annual Haitkin Lecture, hosted by NYU Stern’s Business & Society Program, to an audience of undergraduate Stern students.
  • bloomberg logo new
    Excerpt from Bloomberg -- "China’s decades of rapid development under tight Communist Party control may be coming to an end, according to Roy Smith, the New York University academic who as a banker in 1990 anticipated Japan’s decline. 'China has now arrived at an existential moment after nearly 40 years of extraordinary economic progress,' said Smith, who also warned about budding Japan-like financial strains ahead of the Chinese stock rout in 2015. The country’s 'increasingly complex and troubled economic and social system with all its scarcities' will make it tougher for Communist cadres to manage, he said."
  • bloomberg logo new
    Excerpt from Bloomberg -- "We can look back to the history of Wall Street, and if you look back, you had an industry that was a much larger, relative investment banking business--much smaller trading. So the issue that we have is the trading business, since the Crisis, have not been able to beat their cost of capital. You look at these banks and--how many years out are we since the Crisis--and we only have a couple of them who are operating above 10 percent ROE. The rest of them are all dragging down. And of course, you're seeing that in terms of the valuation."
  • australian financial review logo feature
    Except from the Australian Financial Review -- "David Yermack, a professor at New York University's Stern School of Business, said blockchain could lead to far fewer banks and perhaps even remove the need for share-trading exchanges. It would render redundant millions of employees who execute and record financial transactions across banking, asset management and insurance, he said."
  • new york times logo feature
    Excerpt from The New York Times -- "Responses aren’t necessarily driven by ignorance. 'Where there is a sacred value that empirical science contradicts,' science will have trouble making headway, notes Jonathan Haidt, a social psychologist at the Stern School of Business at New York University."
  • atlantic logo feature
    Excerpt from The Atlantic -- "Jonathan Haidt, who believes it has gone too far, offers a fourth theory. 'If an increasingly left-leaning academy is staffed by people who are increasingly hostile to conservatives, then we can expect that their concepts will shift, via motivated scholarship, in ways that will help them and their allies (e.g., university administrators) to prosecute and condemn conservatives,' he writes."
  • luxury daily logo feature
    Excerpt from Luxury Daily -- "'For a fashion house, jewelry collections are brand extensions,' said Thomaï Serdari, Ph.D., founder of PIQLuxury, Co-editor of Luxury: History Culture Consumption and adjunct professor of luxury marketing at New York University, New York. 'These allow the brand to reach out to a broader audience whose interests are not focused on fashion exclusively and incentivize existing customers to spend more on brand extensions,' she said. 'While brand extensions may be priced to move the brand lower in the pyramid of luxury brands, in the case of Dior, its line of high jewelry is intended to reinforce the luxury status of the fashion house. In that sense, Dior’s jewelry collections are complementary to the creations of its fashion lines.'"
  • bankrate logo feature
    Excerpt from Bankrate -- "The thing that surprises Lawrence White, a professor of economics at NYU's Stern School of Business, about Bankrate's poll is that the number of worried investors isn't higher. 'I would have expected more people to have said, "Oh I'm more nervous about what the future holds, so that's going to make me more cautious about investing in the stock market,"' White says."
  • Medium Logo 192 x 144
    Excerpt from Medium -- "'Having participated in theatre productions for most of my life, I began to notice how prohibitively expensive production costs can be,' founder Jackie Kroeger explained, 'Theatres often build all their production materials from scratch, and then once the show is complete, these expensive costumes, sets, and props often go in the trash or are stored somewhere, unused.'"
  • CBHR-textbook_feature
    In a global economy, multinational companies often operate in jurisdictions where governments are either unable or unwilling to uphold even the basic human rights of their citizens. As part of its work to educate the world’s future business leaders, the NYU Stern Center for Business and Human Rights today released the first comprehensive, interdisciplinary textbook on the human rights challenges facing businesses – and how to approach solutions.
  • – Business and Policy Leader Events

    Can We Ever Get to a Zero-emissions World?

    April 18, 2016
    steve koonin university professor feature
    Steven Koonin, University Professor, will deliver a University Professorship Lecture entitled “Can We Ever Get to a Zero-emissions World?" on April 18.
  • new york times logo feature
    Excerpt from The New York Times -- "Three economists, Pierre-Olivier Gourinchas, Thomas Philippon and Dimitri Vayanos, examined the history of Greece’s debt boom and bust in a new paper. They contend that in terms of money borrowed and economic output lost, the Greek crisis has far exceeded even the classic emerging market busts in Latin America and Asia — many of which were resolved via various forms of debt restructuring. As a result, they conclude, the very thought that Greece can pay its way out of this mess without having its debt reduced in some way is fantasy."
  • business insider logo feature
    Excerpt from Business Insider -- "'Banks don't want to put that down in writing because those are profitable businesses and anything they say about that could come back and be used by regulators to haunt them if some sort of downturn were to happen.' To Smith's mind, regulators want in writing that the banks would divest trading assets to the point that the firms would go back to the time of the Glass-Steagall act, which kept investing and commercial banking separate. Banks don't want to have the possibility of losing that profit and are trying 'to get through this without giving up anything they don't want to.'"
  • topMBA logo
    Excerpt from TopMBA -- "'Students look to and trust an alumnus from their school who ‘looks like them in three years’ to provide inside information about growth opportunities within the firm,' said Jason Greenberg, coauthor of the study and a management professor at NYU Stern with a particular interest in social networks. Indeed, when asked what led them to accept an MBA job offer, the number one choice in the sample was ‘growth potential’."
  • kitco news logo
    Excerpt from Kitco News -- "Abrantes-Metz was the economist for the plaintiffs gold and silver manipulation lawsuits. She is also one of the first researchers to publish a paper which highlights a decade of manipulation. 'As I discussed in your program [Kitco News] before with respect to gold, and the same applies to silver, the structure of these fixings and the empirical evidence were very telling in supporting collusion and manipulation. If we in fact learn that actually was the case, I would be the least surprised person out there,' she said in her email."


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:

Jessica Neville, Executive Director
(416) 516-7677;

Rika Nazem, Executive Director
(212) 998-0678;

Carolyn Ritter, Director
(212) 998-0624;

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