Experience Stern | News & Events

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.

Excerpt from CNC World -- In an exclusive interview, Professor Lawrence White discusses the economic impact of Hurricane Irene.

Excerpt from The Australian -- "Economist Michael Spence put it differently on a recent trip to Australia, noting the developed world has a middle class of 1 billion and the developing world has 5 billion hoping to reach that level. In short, the world is fast converging right on Australia's doorstep."

Excerpt from The High Low -- "NYU marketing professor Scott Galloway is creating a ranking system for retailers’ digital health. Called the Luxury Lab Digital IQ Index, it assigns e-tailers and physical retailers points based on their digital strategies and online innovation, to create online IQs for companies."

Excerpt from USA Today -- "'The sentiment data (are) more timely and reflect August surveys, whereas (many of) the economic reports are still focusing on July,' [Richard Bernstein] says."  Additional coverage appeared on CNBC.

NYU Stern’s Berkley Center for Entrepreneurship & Innovation received the first annual 2011 OPEL Award, recognizing the Center’s entrepreneurial leadership, this fall.