Experience Stern | News & Events

Excerpt from The Atlantic Wire -- "The numbers speak for themselves, tweets New York University economist Nouriel Roubini: 'The Second Gilded Age: share of income earned by top 1% is now back to 1929 level at the onset of the Great Depression.'" Additional coverage appeared in Calgary Herald.

Excerpt from WJBC Radio -- "Richardson says that mortgage giants Fannie Mae and Freddie Mac may have grown to be “too big to fail” but, despite the size and financial interconnectivity of these government backed enterprises, failure was inevitable."

Excerpt from ABC News -- "Also elected to the [Coolidge Foundation] board are author and historian Amity Shlaes, who is writing a biography of Coolidge." Additional coverage appeared in the Ruthland Herald.

Excerpt from The Pioneer -- "Nobel Prize winning economist Andrew Michael Spence has neatly summed up the situation: 'Growth and employment are set to diverge.'"

Excerpt from TimeLive.com -- "[Al Gore] will share the stage at the Discovery summit with international thought leaders such as Dr Nouriel Roubini, a professor of economics at New York University."  Additional coverage appeared on Moneyweb.com, Creamer Media's Engineering News and BizCommunity.com.

Excerpt from Auburn Journal -- "Prof. Roubini is probably best known as the earliest and most accurate predictors of George Bush's economic recession."

Excerpt from International Business Times -- "NYU Economics Professor Nouriel 'Dr. Doom' Roubini said unless there's another round of massive fiscal stimulus or a universal debt restructuring, capitalism will continue to experience a crisis due to a systemic flaw first identified by economist Karl Marx more than a century ago."  Additional coverage appeared in International Business Times, Newser.com, The Australian, The National, Market Oracle, Romania Insider, The Economic Voice, two Guardian pieces, Financial Times Alphaville, GLOBES, Financial Times, Hurriyet Daily News, SocialistAlternative.org, Morning Star and ekathimerini.

Excerpt from Toronto.com -- “'I would argue that NCIS is just as much a phenomenon today as the major reality shows are,' says Poltrack."  Additional coverage appeared on Toronto.com and STLToday.com.

Excerpt from The New York Times -- "Aswath Damodaran, a finance professor at New York University, says the true rate for a 'risk-free investment,' which had been assumed to be the 10-year Treasury yield, now needs to be “approximated,” a procedure heretofore required for emerging markets."

Excerpt from The Wall Street Journal -- "Viral Acharya, a professor of financial economics at New York University, said that when CDS spreads widen, stock prices typically fall."

Excerpt from Delanceyplace.com -- "Nevertheless, Fannie and Freddie do deserve special atten­tion. Currently, as of August 2010, the Treasury has injected a total of $148.2 billion into these entities."

Excerpt from The St. Petersburg Times -- "During the Republican presidential debate in Ames, Iowa, on Aug. 11, 2011, former Massachusetts Gov. Mitt Romney revived a line he first used in his June 2, 2011, presidential announcement at a farm in Stratham, N.H."

Excerpt from Bankrate.com -- "Picking up a good book is another, cheaper way to go about it. One example: 'The Little Book of Valuation: How to Value a Company, Pick a Stock, and Profit' by Aswath Damodaran, professor of finance at New York University's Leonard N. Stern School of Business."

Excerpt from the Reason Foundation -- "The single thing the U.S. could do to ensure long-term growth, including that of jobs, is to reform our Federal Reserve so that monetary policy is rules-based, not personality-based." Additional coverage appeared at Reason.com.

Excerpt from Bloomberg -- "Four decades ago, Richard Nixon announced his new economic policy, which included wage-and-price controls, disincentives to import, and the end of the gold-exchange standard." Additional coverage in The Providence Journal.

Excerpt from Economics Week -- "This paper investigates how trading frictions vary with the thickness of the asset market by examining patterns of asset allocations and prices in commercial aircraft markets."

Excerpt from Economics Week -- "Finally, we estimate the efficiency gains that accrue from transactions in the relatively friction-free market and find that the electronic market can enhance consumer surplus by as much as $97.92 million per year."

Excerpt from PropertyCasualty360.com -- "'The risk of the unforeseen and the unpredictable has gotten much bigger,' says William R. Berkley."

Excerpt from The Boston Globe -- "Stephen Mihm, a professor of history at the University of Georgia, is the coauthor (with Nouriel Roubini) of 'Crisis Economics: A Crash Course in the Future of Finance.'"

Excerpt from The Hindu Business Line -- "Nouriel Roubini foresees that Quantitative Easing (QE) 3 could be followed by QE 4 and QE 5. This would, inevitably, generate strong inflationary pressures globally which would inevitably spread to emerging markets."  Additional coverage appeared in Malta Business Weekly and Equitymaster.com.

Excerpt from Manufacturing Business Technology -- "Is a double-dip recession a possibility, or even a probability, for the global economy? Nouriel Roubini, Chairman of Roubini Global Economics, says it is a 50-50 proposition right now." Additional coverage appeared on Moneycontrol.com, Bowery Boogie, San Francisco Chronicle, Bloomberg, Bloomberg Businessweek, JoonAng Daily, Epoch Times, Socialist Alternative and GlobalResearch.ca.

Excerpt from Bloomberg -- "'Citadel is a take-no-prisoners principal investor, not a financial-services provider to clients,' said Roy Smith, a finance professor at New York University’s Stern School of Business."

Excerpt from Bloomberg Businessweek -- "These five, with 109 years of collective experience, bring business alive, know their students’ names, and help them find jobs."

Excerpt from PBS Newshour -- "Given the rollercoaster behavior of the stock market over the past few weeks, we checked in with historian Richard Sylla, who teaches economics at New York University. We asked the professor, who focuses on the history of the markets, to help us put the recent sharp ups and downs in context."

Excerpt from The Wall Street Journal -- "Economist Nouriel Roubini says the risk of a global recession is greater than 50 percent, and the next two to three months will reveal the economy's direction. In an interview with WSJ's Simon Constable, Roubini also says he's putting his money in cash." Additional coverage appeared in three Wall Street Journal pieces, a Wall Street Journal blog, DailyMarkets.com, Creditwritedowns.com, International Business Times, six MarketWatch pieces, two CNBC pieces, The Huffington Post, Barron's blog, The Globe and Mail, four Financial Post pieces, two The Australian pieces, Reuters blog, The Independent, Macedonian International News Agency, MSN Money, Yahoo! News, Heritage.org blog, GlobalResearch.ca, First Post, TIME blog, Atlanta Journal Constitution blog and The Dominion.