Experience Stern | News & Events

Excerpt from The Huffington Post -- "'The events of 9/11 were the death knell perhaps for the physical bricks and mortar manifestation of the financial capital,' said Stephen Brown, a professor of finance at the New York University Stern School of Business."

Excerpt from Bloomberg -- "At a dinner he hosted at the Four Seasons during SALT, Scaramucci led a discussion with economist Nouriel Roubini on how Federal Reserve policy and Europe’s debt woes were impacting capital markets."

Excerpt from The Australian -- "Plenty of Australian companies have woken up to the themes of this report and Michael Spence's 'The Next Convergence,' which argues that developing countries are going through an industrial revolution in a couple of decades -- rather than 200 years for Europe, Australia and the US."  Additional coverage appeared on Australian Broadcasting Corporation, MoneyLife and Financial Express.

Excerpt from Xinhua -- "I think we're moving back to a situation where the U.S. has more of a normal position in the world, still the largest economy, but there are lots of other economic centers of powers."

Excerpt from Bloomberg -- "Bill Gross ... talks about the impact of the Federal Reserve's asset purchases on credit creation and the outlook for financial market reaction to President Barack Obama's speech on job creation tonight before a joint session of Congress. Keene and New York University professor and Nobel laureate Michael Spence speak with Tom Keene on Bloomberg Television's 'Surveillance Midday.'"  Additional coverage appeared on The Washington Post.

Excerpt from Bloomberg -- “There is a 60 percent probability of another economic contraction in most advanced economies.”  Additional coverage appeared on Bloomberg, San Francisco Chronicle, Financial Post, China Business News, KPIC.com, Reuters and Business Insider.

Excerpt from Reuters Breaking Views -- "Americans should be outraged at the architecture of the nation’s mortgage finance system. It was a primary cause of the financial crisis and at the center of this system were Fannie Mae and Freddie Mac, the mortgage finance giants."

Excerpt from the Council on Foreign Relations -- "Investing in infrastructure, along with education and technology, is a way to tackle unemployment by addressing longstanding structural problems on 'the tradable side of the economy,' economist and Nobel laureate A. Michael Spence recently told CFR."  Additional coverage appeared on Philly.com and Kansas City Star.

Excerpt from FuelFix.com -- "The story of the mid-1930s is the story of a heroic economy struggling to recuperate but failing … because of perverse federal policy. The worst factor was [Franklin] Roosevelt’s war on business."  Additional coverage appeared in Mother Jones and The Huffington Post.

Excerpt from US News & World Report -- "'MLT is an invaluable resource for minority applicants,' says Jennie Morrel, who worked as a senior advertising manager at the Random House Publishing Group before starting her M.B.A. at New York University's Stern School of Business this fall.."

Excerpt from The Wall Street Journal -- "The siren song—or was it swan song—of summer 2011 was sung by Crosby, Stills & Nash. This was at the last major event of the season, the inaugural Hamptons Rocks for Charity ... The beneficiaries were the Ovarian Cancer Research Fund (OCRF) and the Crohn's & Colitis Foundation of America (CCFA)."

Excerpt from TIME Moneyland -- "In the most remarkable demonstration of this idea, they found that people enjoy watching TV shows more when they are interrupted by commercials than when they’re free of ads."

Excerpt from Reuters TV -- "I think it's an interesting way in which New York regenerates itself for Wall Street to sort of downshift as far as finance goes but upshift in terms of residential real estate."

Excerpt from The New York Times Economix blog -- “Nobody knows how well we’re going to respond both on the public- and private-sector side and restore competitiveness.”

Excerpt from Bloomberg Businessweek -- "Wealthy investors who can afford to are more likely to put money directly in hedge funds instead of going through fund of funds since some fund of funds were tainted by scandal related to Bernard L. Madoff, poor performance and a high rate of failure during the financial crisis, said Stephen Brown."  Additional coverage appeared on Bloomberg.

Excerpt from The Guardian -- "Only by moving forward towards full integration – now – can Europe save itself."  Additional coverage appeared in The Age, TodayOnline.com and Sydney Morning Herald.

Excerpt from MSN Money -- "'Nine-eleven didn't necessarily go to the underlying creditworthiness of the institutions,' said Silber."

Excerpt from McCombs Today -- "Bartel and her coauthors, Amy Wrzesniewski of Yale University and Batia Wiesenfeld at New York University, examined the relationship between virtual employees’ degree of physical isolation and their perceived respect in the organization, hypothesizing that the two are negatively associated."

Excerpt from Opalesque -- "Professor Stephen Brown is the David S. Loeb Chair of Finance at the New York University Stern School of Business. In this live radio feature he shares his expertise and research finding on operation risk."  Additional coverage appeared on Reuters Insider.

Excerpt from Wall Street Pit -- "Last week the Federal Housing Finance Agency filed suits against 17 major banks and mortgage businesses for misleading Fannie Mae and Freddie Mac ... This development is best understood against the background provided by a revealing new book, 'Guaranteed to Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance,' by V. Acharya, M. Richardson, S. van Nieuwerburgh and L. White."

Excerpt from Reverse Mortgage Daily -- "L2, a digital think tank at NYU Stern, recently released a report that attempts to measure the digital competence of 17 retail banks and 10 credit card issuers with an IQ scale ranking."  Additional coverage appeared on Finextra.com.

Excerpt from The Atlantic -- "At some point, however, China's growth will inevitably slow -- perhaps in 10, 15, or 20 years, according to different estimates; or perhaps there will be a sudden crash and hard landing, as bear analysts James Chanos, Nouriel Roubini, and others have predicted. Much speculation surrounds what will happen next."

Excerpt from The Australian -- "Tom Cooley, the former Dean of New York University Stern School of Business, who saw the second plane hit the South Tower as he stood on the pavement in Washington Square, said that it had been a huge achievement of Richard Grasso, the chairman of the New York Stock Exchange, to reopen the market the Monday after the attack." Additional coverage appeared in The Times.

Excerpt from Playbill.com -- "CHIX 6 is produced by Ready, Fire, Aim; Nederlander-Browne; and executive producers Aldo Scrofani and Heather Provost."  Additional coverage appeared in Broadway World, YourNabe.com and Music Industry News Network.

Excerpt from The Wall Street Journal -- "'Wall Street today is much more a state of mind than a physical location,' said Roy Smith, a professor at New York University's Stern School of Business."  Additional coverage appeared in The Wall Street Journal Europe.