Experience Stern | News & Events

Excerpt from The New York Times Dealbook blog -- " ... it is worth reading a study by Thomas Philippon and Ariell Reshef of the National Bureau of Economic Research, which traces industry wages over the last century. Its conclusion might not surprise you: financiers, to put it plainly, were overpaid."

Excerpt from The New York Times -- "Tom Meyvis, an associate professor of marketing at the New York University Stern School of Business, warned, however, that although running-shoe buyers might say they care where merchandise was made, 'in a concrete shopping situation, a lot of ideals don’t matter that much anymore. Features such as price and design have a bigger impact.'"

Excerpt from Bloomberg -- "'As long as JPMorgan cuts its ties, it is no longer involved,” said Roy Smith ... 'Its public reputation may be affected for a while but its reputation with clients for competence, professionalism and integrity is likely to survive unchanged.'"

Excerpt from The Times of London -- "David Yermack, a finance professor at New York's Stern School of Business, reckons that public companies go into a kind of purdah when their bosses are on holiday. News announcements drop by 40 per cent."  Additional coverage appeared in another Times of London piece.

Excerpt from WeAreMovieGeeks.com -- "The Tribeca Film Festival (TFF), in association with noted Harvard Business School Professor Clay Christensen and the Disruptor Foundation, announced it will hold the third annual Tribeca Disruptive Innovation Awards, hosted by NYU Stern School of Business, on April 27. The 11th edition of TFF runs April 18 to 29."

Excerpt from New York Post -- "MBA students in the Leonard N. Stern School of Business’s Consulting Corps (SCC) program have taken on City Harvest, New York City’s food rescue organization, as a client. As part of their pro-bono work and learning experience, SCC students tackle real business challenges and opportunities outside of the classroom, as well as receive mentoring from leaders at top-tier consulting firms and from faculty advisors."

Join fellow alumni and business leaders on April 3, 2012, at The Bowery Hotel for our inaugural Haskins Cocktail Reception. This event celebrates and recognizes the contributions of our Haskins Partners, Haskins Fellows, and Young Haskins Partner Associates.

Jeff Zucker, former president and CEO of NBC Universal, spoke to a group of MBA students through NYU Stern’s Leadership Luncheon Series, coordinated by the School’s Leadership Development Team.

Excerpt from Financial Times -- "'Japan had a Great Recession, and a Great Stagnation, but it never had a Great Depression,' [Roubini] says. 'But recession in some euro zone countries could become a depression, just like the 1930s.'"

Excerpt from The New York Times -- "Mr. Weber, a former World Bank consultant with an M.B.A. in management from the Stern School of Business at New York University, believes that food trucks 'can help create neighborhoods.'"

Excerpt from The Huffington Post -- "Gomory, who is co-author of the book 'Global Trade and Conflicting National Interests,' pointed out: 'With unbalanced trade, we are consuming more than we produce and that cannot go on without us being poor and in debt to everyone else.'"

Excerpt from Financial Times -- "The eurozone still lacks essential features of monetary unions that have stood the test of time; and planned reforms may exacerbate latent fiscal, banking and external imbalances, leaving it less, rather than more, resilient to regional shocks."

Excerpt from Fortune -- "In a paper published in 2009, NYU Stern School of Business professor April Klein looked at 151 activist hedge fund targets between 2003 and 2005. She found that out of those 151 targets, activist shareholders received a seat on the board about 44% of the time."

Excerpt from Global Finance Magazine -- "Pay for the ratings with advertising. This could be lucrative if ratings agencies were to publish their ratings on a website in real time and the ads were online, notes Lawrence White, an economics professor at the NYU Stern School of Business."

Excerpt from Leaders Edge Magazine -- “The fact that I ended up going to NYU because someone I never knew decided that I should get financial aid was a real eye-opening experience,” Berkley says. “What an incredible thing to have happen. It’s something I remember all the time.”

Excerpt from Financial Times -- " ... the US Treasury market after the end of the Second World War ... yields on long-term Treasuries hovered around 2 percent. 'This was the crest of the 26-year bull bond market,' write Sidney Homer and Richard Sylla in 'A History of Interest Rates.'"

Excerpt from Harvard Business Review -- "The economist Paul Romer is credited with leading the new growth theory, which holds that growth has no natural limits because the capacity for technological innovation is unlimited. Investments in human capital increase rates of return, in his view."

Excerpt from CNN -- " ... every known religion has some sort of rite or procedure for taking people out of their ordinary lives and opening them up to something larger than themselves. It was almost as if there was an "off" switch for the self, buried deep in our minds, and the world's religions were a thousand different ways of pressing the switch."

Excerpt from The New York Times -- " ... even when unconstrained, price movements are often insufficient to clear markets, as pointed out by George Akerlof, A. Michael Spence and Joseph Stiglitz in work that garnered them the Nobel Prize. This outcome is particularly likely in markets where both sides of an economic transaction have differing sets of information, like in the credit market."

Excerpt from All You Magazine -- "Research [by Professor Priya Raghubir] shows that you might be less likely to break a $50 bill for a spur-of-the-moment purchase than smaller currency."

Excerpt from Barron's -- "'Income taxes were quite low, and most people didn't pay them at all,' says Richard Sylla, professor of economics and financial history at NYU's Stern School of Business. Wages were much lower, too."

Excerpt from Fox News -- Professor Aaron Tenenbein discussed the recent Mega Millions jackpot in an exclusive interview with Fox News.

Excerpt from Financial Times -- "From their findings [Chugh and co-authors] suggest that men in traditional marriages are more likely to consider companies that have women leaders to be relatively unattractive and are also more likely to deny qualified female employees opportunities for promotion."

Excerpt from Bloomberg Businessweek -- "NYU Stern School of Business, Maria Bartiromo, anchor of CNBC’s Closing Bell and anchor/managing editor of the Wall Street Journal Report with Maria Bartiromo, on May 17."

Excerpt from Financial Times -- "Prof Pedersen and Frazzini found this anomaly works in every market they tried. In all cases, taking less risk leads to higher returns relative to the amount of risk taken."