Experience Stern | News & Events

Excerpt from Citywire -- "Nouriel Roubini, who is particularly bearish on the Chinese economy in part for this reason, says ‘the path of least resistance is the status quo’ and contrary to the government’s rhetoric China will remain so reliant on investment that it will suffer a ‘hard landing’."

Excerpt from Rediff Business -- "Roubini, who is famous as one of the few people who foretold the financial meltdown of 2008, said in a tweet posted last week that tax cuts of the past were ill-advised. 'Federal taxes were 20% of GDP at time of a balanced budget. Now down to 14% the lowest in 60 years. So any deficit reduction requires tax hikes,' he tweeted." Additional coverage appeared on Sky News.

Excerpt from Evening Standard -- New York economics professor Nouriel Roubini, dubbed Doctor Doom after he predicted the financial crisis, said that the bond market "is a beauty contest about the least ugly"... Additional coverage appeared on a FT.com blog.

Excerpt from the Jakarta Globe -- "Perhaps all this amped-up degree-getting just represents job market “signaling” — the economist A. Michael Spence’s Nobel-worthy notion that degrees are less valuable for what you learn than for broadcasting your go-get-’em qualities."

Excerpt from a Forbes.com blog -- Joel Rubinson of Rubinson Partners predicts that “ultimately the consumer will be the winner as Walmart and its vendors make better marketing decisions that add more value to daily life.”

Excerpt from Irish Times -- "But a study in the Journal of Consumer Psychology earlier this year looked more rigorously at this bias in time perception. The experiments suggest that the phenomenon happens not only on long trips to and from from home, but on shorter excursions too, and also on journeys to a familiar destination that isn’t home."

Excerpt from Bloomberg -- "We're not in a very good place, and that's what the markets are telling us."

Excerpt from Bloomberg -- "To restore fiscal balance on a reasonable time horizon, without doing it too quickly and killing off growth, is a problem nobody actually knows how to solve, and we're going to have to work through it together. In this political climate I don't know how that's going to go, but the challenge is to maintain in the government's budget the things that tend to supoprt medium- and long-term growth..."

Excerpt from Information Technology Newsweekly -- "According to the authors of a study from New York City, New York, 'The Internet Corporation for Assigned Names and Numbers (ICANN) has control over extremely important aspects of the Internet. Yet, its non-profit corporation status, combined with the way that it is funded and governed, make accountability a serious problem.'"

Excerpt from Minyanville.com -- "Last August, Treasury Secretary Tim Geithner used a speech at New York University’s Stern School of Business to outline a few financial reform principles necessary to quickly and properly execute the newly passed Dodd-Frank Act."

Excerpt from Business Insider -- "We've collected the latest photos and headlines from Doctor Doom's travels."

Excerpt from TheHill.com -- "Professors from the Wharton School of Business, NYU Stern School of Business, Columbia University and Harvard University will be teaching the courses. But students say it is manageable. 'You can do the work. You just have to apply yourself,' said Danisha Rolle, founder and editor in chief of SET magazine and the spouse of Samari, who is an executive consultant for SET."

Excerpt from NYConvergence.com -- "A recent article by the New York Daily News talked students from the NYU Stern School who have created a club called Ofek, which aims at connecting Israeli tech startups with businesses in the United States. Jason Bieber and Daniel Pessar created the club called Ofek, or “horizon” in Hebrew, which has already set themselves up as the sales force for Israeli based eDealya."

Excerpt from Accounting Today -- "'What's the role of standards? It's to assure comparability and improve operational and allocational efficiency of the markets,' said Choi, who developed the IFRS template for the NYU accounting curriculum."

Excerpt from Registered Rep -- "Richard Bernstein is shunning emerging markets and focusing on U.S. stocks. It is the kind of contrarian call that advisors have come to expect from Bernstein, a former Merrill Lynch chief investment strategist. Most of the forecasts have proved on target."

Excerpt from Livemint.com -- "The financial crisis that started in the US in 2007 offers valuable policy lessons in how to avoid the build-up to a Lehman event."

Excerpt from New York Daily News -- "Every economy on the planet is headed in this direction," said Prof. William Greene of NYU's Stern School of Business. "The replacement of human labor with machines has been going on ... in every economy since long before the Industrial Revolution."

Excerpt from CNNMoney -- "It's already exacerbating the situation," said New York University Professor of Economics Lawrence White, who testified before Congress last week about the debt crisis.

Excerpt from Bloomberg -- "Those who criticize Gingrich's tactics in budget negotiations are forgetting the big story. President Clinton didn't come into office as an austerity champion. He came to Washington to rearrange health care and promulgate Labor Party-style workplace reforms..." Additional coverage appeared on Newt.org, Sarasota Herald-Tribune and Delawareonline.com

Excerpt from Rapid News Network -- “I think this is all consistent with the idea that odd prices act as an information-processing reduction,” he explained, “indicating a product is a deal. Just because the price ends with 99 cents, it doesn’t mean it’s a really good deal.”

Excerpt from MarketWatch -- "The strategy works because, at least historically, the market’s most volatile days tend to be clustered together rather than occurring randomly. (This crucial finding traces to research conducted by New York University finance professor Robert Engle, for which he won the Nobel Prize in 2003)."

Excerpt from Viewpoint Magazine -- "‘Research shows that companies entering the American stock market tend to perform better when they have a name that’s easier to pronounce,’ says Adam Alter, assistant professor of marketing and a psychologist at New York’s Stern School of Business."

Excerpt from Campus Technology -- "In the fall 2010 semester, Padmanabhan and project co-lead Maya Georgieva, assistant director of educational technology, began an extensive pilot of the XanEdu iPad app in more than 50 of Stern's MBA courses, and provided feedback to XanEdu through surveys, one-on-one interviews, and focus groups."  Additional coverage appeared on the XanEdu blog.

Excerpt from The Wall Street Journal -- "We urgently need new ways of thinking about market behavior from our economic thinkers and political leaders. Regrettably, it remains very difficult for those who have dominated economic thought and political life in recent decades to think in fundamentally new ways."

Excerpt from New York Daily News -- "NYU student Jason Bieber gathered his friends and formed OFEK, a school club and business that does business development and consulting for Isreali start-ups. For one group of NYU students, this summer break is no vacation."