NYU Stern
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  • bloomberg
    Excerpt from Bloomberg -- "I think that the Greek government will have a hard time convincing its voters that it didn't give in, but that is, in my opinion, a minor issue. The major issue is for Greece not to go bankrupt again, not to leave the euro... this is the major issue. So, it's crucially important for the Greek government to compromise and then find a way to sell it to its voters."
  • bloomberg view logo
    Excerpt from Bloomberg View -- "I know there are those who argue that value is in the eye of the beholder, and that any price can be justified if there are other investors who perceive an investment to be worth that amount. That is patently absurd. Perceptions may be all that matter when the asset is a painting or a sculpture, but you buy financial assets for the cash flows that you expect to receive."
  • bloomberg
    Excerpt from Bloomberg -- "Typically, bloggers bring a couple things. They bring an authenticity, a new voice and they usually bring a younger audience... No brand ever says, 'We have too many 18-30 year old fashionable thought leaders.' You never hear a brand say that, 'Oh, we need more 75 year olds.' You don't hear that a lot. So you [fashion blogger Danielle Bernstein] bring an audience, an authenticity, and also, you bring a business model. You're leaner and meaner."
  • fast company logo feature
    Excerpt from Fast Company -- "Arun Sundararajan, a professor at NYU, has argued that many parts of the sharing economy could self-regulate, with oversight from the government, the way that nuclear power plants do."
  • India Today Logo
    Excerpt from India Today -- "An IIT Bombay alumnus, Jagabathula will receive a total of $500,000 over the next five years to further his research in developing data-driven modelling and learning techniques with the goal of improving the accuracy of operational decision making."
  • – Faculty News

    Prof. Adam Alter's book, "Drunk Tank Pink," is cited

    February 17, 2015
    entrepreneur logo feature
    Excerpt from Entrepreneur -- "When discussing how weather affects human behavior in his book Drunk Tank Pink, New York University marketing and psychology professor Adam Alter said, 'Sunshine dulls the mind to risk and thoughtfulness.' Added Alter: 'Happiness sends a signal that everything is fine, the environment doesn't pose an imminent threat, and there’s no need to think deeply and carefully.'"
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "'Peter’s expertise in the economics of emerging markets and his unique perspective that spans the public sector, academia and business make him a valuable addition to Citi,' Citigroup Chairman Michael E. O’Neill said in a news release."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "Greece has sort of a creative solution proposed. I'm not sure whether there will be enough support for this so it can be implemented. I think it's very important that some kind of solution be proposed. I think if Greece ends up defaulting, it will be potentially very dangerous for the eurozone as a whole and I think that eurozone participants see that as well and there will be negotiations and I don't know what they'll look like when it's all over."
  • financial news logo feature
    Excerpt from Financial News -- "Most important, however, is the almost certain increase in shareholder value than would result from a break-up. The combination of the various individual business units might be valued on a stand-alone basis at as much as €55 billion. With today’s market value of €37 billion, reflecting investors’ grim view of the bank’s future, there is a lot of room for creating value through a restructuring. Spinning off the investment bank might be the best way to capture that value."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "'Greece finds itself now closer to a new bankruptcy within the euro and potentially' leaving the currency union, Nicholas Economides, professor of economics at Stern Business School, New York University, said in an e-mail. 'Greece could run out of money in March.'"
  • bon appetit logo
    Excerpt from Bon Appetit -- "'The first impression I got seeing it was that I could taste it in my mouth,' says Priya Raghubir, professor of marketing at New York University’s Stern School of Business. 'It pushed you to smell, taste, almost feel the ice cream, a sensual delight which people are reluctant to want to indulge in. This really appeals to all the hedonic senses, and there’s nothing to distract from the ice cream, and it doesn’t allow you to get bored or want to zap it. It’s excellent execution!'"
  • – Faculty News

    Prof. Aswath Damodaran's blog is featured

    February 12, 2015
    globe and mail logo feature
    Excerpt from The Globe and Mail -- "Investors looking for decent profits in this environment may have to venture into dangerous neighbourhoods. 'If you are a long-term investor interested in finding bargains, my advice to you is to go where it is darkest, where micro and macro uncertainty swirl around every input and where every estimate seems like a stab in the dark,' writes Aswath Damodaran, a professor of finance at New York University’s Stern School of Business. Prof. Damodaran, who writes an excellent blog, Musings on Markets, provides a few examples in recent posts of stocks that may appear tempting: Petrobras SA, Lukoil OAO and Vale SA."
  • insidecounsel logo
    Excerpt from InsideCounsel -- "'We need 50-50 in the boardroom,' she said. 'A lot of women are ready to take on these positions.' With the increasing presence of women in these roles, especially in the global economy, 'bringing diversity to the conversation will bring a richer decision and outcome,' she added."
  • fox business logo feature
    Excerpt from Fox Business -- "Well, they've got a clear value proposition, because they've said, you know, we are basically a membership-based online marketplace that's aimed at cost-conscious consumers that are willing to sacrifice speed of delivery for lower prices. It's a very clear... good marketing message. I think there's an exit strategy in play there somewhere. If you look at most start-ups and investors, they're looking for an exit within about a five year time frame, three to five years. This is what he did for Diapers with Amazon, so I think it's going to happen again either with an IPO or a strategic acquisition, which would be Amazon."
  • cnbc logo feature
    Excerpt from CNBC -- "'Watching the EU deal with Greece is a little bit like watching a family deal with a family member with an addiction problem,' said NYU Stern professor Aswath Damodaran. 'Each time the family member enters a rehab, we have a party to celebrate, only to be disappointed again. So, the markets may be celebrating a temporary reprieve but unless the fundamentals change, it will be short lived.'"
  • brian lehrer cuny tv logo
    Excerpt from The Brian Lehrer Show -- "Some of the barriers [to the adoption of electric cars] are really significant and are going to be pretty difficult to overcome. One of the biggest barriers is cost... battery technology cost does not come down very quickly. If you think about Tesla, one of the fascinating things about Tesla is that they use the 18-650 battery, which is the same small-format battery you would have in laptops. And the great strength of this is that it was a mature technology where the cost had already been driven down and we knew how to produce them pretty efficiently. So the strength was that it was already mature, already cheaper. The weakness is that it's already mature and it's already fairly cheap compared to where it can go. So there are not big expectations of driving the cost of that down a lot further. And right now the incremental cost for putting a battery in a car ranges anywhere from $10,000 - $40,000."
  • voxeu logo feature
    Excerpt from Vox -- "Under the alternative scenario, Greece avoids neither fiscal austerity nor a deep recession. But, depending on the details of the simulation, its GDP ends up 5 to 10% higher, and its debt 20% to 25% lower. Overall, the debt of GDP is reduced by about 30 points."
  • financial news logo feature
    Excerpt from Financial News -- "In the meantime, managing transition to a reformed, semi-market economy is going to [be] a major challenge. Cuba lacks almost all the infrastructure it will need to move to the next level, including a basic financial system (banking, securities, insurance) and modern agricultural and industrial bases. How well, and how quickly these can be created will determine whether Cuba, with its 11 million well-educated, increasingly entrepreneurial minded population can make the most of the opportunity."
  • bloomberg
    Excerpt from Bloomberg -- "I think there would be limited effects and that's why the case for Greece is so bad. Greece cannot go and say, 'Look, if we exit, you are going to be destroyed as well,' so what will happen is that Greece will be destroyed, but not the rest of Europe."
  • Linkedin logo
    Excerpt from LinkedIn -- "Björk is no Britney Spears, no Rihanna, or Mariah Carey. Björk has built more than a mere brand. She’s built a #luxury brand and here is why."
  • new york times logo feature
    Excerpt from The New York Times -- "Because the economics profession failed to predict the financial crisis in advanced nations, critics claim that economists have little practical use and wield too much influence. In fact, the opposite is true. We need economists’ thinking now more than ever — provided we match the tools of economics to the proper task."
  • bloomberg
    Excerpt from Bloomberg -- "'It is very unlikely that the euro zone will give new money to Greece for months, as the Greek positions are uncertain and significant negotiation is necessary,' Nicholas Economides, professor of economics at New York University’s Stern School of Business, said by e-mail. 'This puts cash-strapped Greece in a very dire position.'"
  • financial times logo feature
    Excerpt from Financial Times -- "On 3 February, the school welcomed Thomas Philippon, professor of finance at NYU Stern School of Business, who has recently produced a paper warranting a great deal of examination: after painstaking research, he has concluded that over the past 130 years, there has been no productivity increase in finance."
  • inc logo feature
    Excerpt from Inc. -- "'It is incredibly difficult to start to do things that are not within people's expectations because that brand promise comes with expectations,' says Carr. 'What is impressive about Swift is that ability to cross lines.'"
  • – Faculty News

    Prof. Arun Sundararajan on the future of employment

    February 6, 2015
    quartz logo
    Excerpt from Quartz -- "As NYU Stern professor Arun Sundararajan tells Quartz, 'being employed full-time by one company may soon be the exception rather than the rule.'"

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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
Email: paffairs@stern.nyu.edu

Or contact us directly:

Joanne Hvala, Associate Dean
(212) 998-0995; jhvala@stern.nyu.edu

Jessica Neville, Executive Director
(416) 516-7677; jneville@stern.nyu.edu

Rika Nazem, Director
(212) 998-0678; rnazem@stern.nyu.edu

Carolyn Ritter, Senior Associate Director
(212) 998-0624; critter@stern.nyu.edu

Anna Christensen, Associate Director
(212) 998-0561; achriste@stern.nyu.edu

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