Experience Stern | News & Events

Excerpt from TheStreet.com -- "One way to test if a company poses any threat of filing for bankruptcy is through the Altman Z-Score, a formula developed by New York University professor Edward Altman in 1968."

Excerpt from CNBC -- "Two of Wall Street's top strategists weigh in on the latest market moves, with Richard Bernstein, Richard Bernstein Advisors and Thomas Lee, JPMorgan."  Additional coverage appeared in a Wall Street Journal blog.

Excerpt from Bloomberg -- "Some economists including Nouriel Roubini have accused the ECB of making a mistake by increasing rates at a time when spending cuts in debt-strapped nations and a cooling global economy are hampering growth."

Excerpt from Washington Square News -- "The Courant Institute of Mathematical Sciences announced that it could open a new lab for socioeconomic, geopolitical and financial research as early as 2012."

Excerpt from Washington Square News -- "Kelbe, now a sophomore in the Stern School of Business, began experimenting with different fabrics and techniques, finally gathering her sketches for dresses, skirts and jewelry to launch a fashion show that donated proceeds to the American Cancer Society."

Excerpt from Washington Square News -- "Over the past three years the organization has built out [initiatives]" to serve women in the industry."

Excerpt from States News Service -- "Former British Prime Minister Gordon Brown will lead a discussion at NYU on "How the Moral Mind Helps and Hinders Large-Scale Cooperation," the second lecture in NYU Dialogues on the Global Civil Society series."

Excerpt from The Independent -- "Prestige 100: China IQ is a study conceived by New York University Stern Professor Scott Galloway along with Doug Guthrie, from GW's School of Business and China and a panel from the L2 digital innovation think tank."  Additional coverage appeared in Travel & Leisure Close-Up.

Excerpt from The Huffington Post -- "'Figure out how to turn my passion into a living. The blogosphere is very powerful & underpaid,' said Scott Galloway, an NYU Professor."

Excerpt from CNBC -- "Van Nieuwerburgh, who co-authored the book 'Guaranteed to Fail,' advocates gradually ending all government subsidies, including mortgage interest rate deductions and the wind down of Fannie Mae and Freddie Mac."

Excerpt from The Wall Street Journal -- "'Hamilton has a lot to contribute to today's discussion,' said Richard Sylla, the chairman of the Museum of American Finance and an economics professor at New York University who is working on a book about Hamilton's foresight."

Excerpt from Slate.com -- "Our brains generally are a mechanism that is supposed to make sense of the world. ... Many times when we see something for the first time our brains kind of have a signal flag that says, 'this is the first time I'm seeing it and it doesn't make sense.'"

Excerpt from Science Daily -- "The authors discovered that under certain circumstances higher status consumers are more likely to emulate the choices of lower status people, a phenomenon called the 'low status user effect.'"  Additional coverage appeared on Eurekalert, UPI.com, TruthDive.com and Daily Mail.

Excerpt from BVWire News -- "Aswath Damodaran, Professor of Finance at the NYU Stern School of Business, is teaching one class this year—valuation—and you are invited to attend."

Excerpt from Variety -- "When it comes to equity, we're far more comfortable partnering with a studio. ... When it comes to an independent film, we're much more comfortable with debt."

Excerpt from Triple Pundit -- “What makes the current situation so hard is that we’re trying to solve a long-term problem with a very constrained fiscal situation."  Additional coverage appeared on a Council on Foreign Relations blog.

Excerpt from Bloomberg Businessweek - "Marx has gotten an attentive reading recently from the likes of New York University economist Nouriel Roubini and George Magnus, the London-based senior economic adviser to UBS Investment Bank."  Additional coverage appeared in Livemint.

Excerpt from Investor's Business Daily -- "'He was good at sensing when to get in and out of things,' said Richard Sylla, professor of the history of financial institutions and markets at New York University's Stern School of Business."

Excerpt from Bloomberg Businessweek -- “With relatively high yields, if there is a credible plan in Italy -- Italy has very low private debt, its public debt is relatively stable if they adopt sensible policies -- so could be quite a good investment as well.”  Additional coverage appeared on Channel News Asia.

Excerpt from Bloomberg -- "Spence, a professor at New York University’s Stern School of Business who won the Nobel Prize in economics in 2001, stopped short of saying the U.S. is in a crisis. 'We have a debt problem, we have a political problem dealing with it, and we certainly have a growth and unemployment problem, but it’s not a crisis,' he said."  Additional coverage appeared in Washington Times.

Excerpt from KCRW -- "Moran Cerf tells the story of what it's like to try and subdue a science fiction monster as it threatens to devour years of serious research."

Excerpt from The Independent -- "I was also struck by this chart in Vickers, based on work by a paper by Viral Acharya, Itamar Drechsler and Philipp Schnabl of NYU-Stern, which shows the movement over time of credit default swaps (CDS) in the Irish and British banking sectors, and also the movement over time of the CDS of Irish and British government bonds."

Excerpt from Xinhua -- "'China has a Five-Year Plan. It's easy to read, it's understandable,' Spence said of China's 12th Five-Year Plan (2011-2015)."

Excerpt from The Wall Street Journal -- "Can you wage war against an economic downturn by attacking it like a military opponent? If so, can you win such a war? In "The New Deal," a blow-by-blow account of Roosevelt's campaign against the Great Depression, Michael Hiltzik implicitly answers both questions with a 'yes.'"

Excerpt from the Boston College Financial Security Project -- "Economists’ explanation for why people don’t save for retirement is that they “discount” the future, placing a higher value on today’s pleasures."