Experience Stern | News & Events

Excerpt from MSNBC -- “Right now you have a situation at Facebook where there’s a benevolent dictatorship, but my concern is they tend to become malevolent dictatorships, and that can hurt you when it comes to the pinch."

Excerpt from Forbes -- "NYU’s Sinan Aral will close the day with a discussion about social network analysis and what it reveals about how we really work. Yes, Twitter and Facebook are changing the way you turn up at your desk."

Excerpt from Bloomberg -- "I think there are still big dangers lurking in the euro system and European economies. Making progress on the Greece restructuring is definitely a good thing, but the progress has been very slow."

Excerpt from The New York Times -- "So making the recommended 36-month [credit card] payment wouldn’t get the customer out of debt in three years, even if the customer makes no new purchases, [Gartenberg] said. In fact, it’s likely to take much longer."

Excerpt from Forbes -- "'The numbers must be taken with a grain of salt.' That’s because there are a host of issues that can make any GDP comparisons misleading, including how the quality of goods varies from country to country, he explains."

Excerpt from BBC -- "HP is one of those iconic American companies. It still has a really strong brand, it's one of those quintessential Silicon Valley startups from a garage. It's been around for over 70 years, so there's a lot of history there."

Excerpt from The New York Times -- "Professor Thomas Philippon of New York University has found that the financial sector’s costs to society have risen, not fallen, in recent decades."

Excerpt from Bloomberg Businessweek -- "Rule No. 1, however, is never, ever price gouge. 'You don’t want to be viewed as taking advantage of a tragic situation,' Craig says."

Excerpt from The Wall Street Journal -- "'The longer you hold [a security], the greater the probability that what you are doing is speculation,' argues William Silber, a former trader who teaches finance at the Stern School of Business of New York University and has written a soon-to-be-published biography of Mr. Volcker."

Excerpt from The New York Times -- "If the Democrats really want to get moral psychology working for them, I suggest that they focus less on distributive fairness — which is about whether everyone got what they deserved — and more on procedural fairness — which is about whether honest, open and impartial procedures were used to decide who got what."

Excerpt from Variety -- "There are significant differences in how youngsters and their elders use technology. For example, young people 'don't have landlines; they have cell phones,' observes Sam Craig, director of the Entertainment, Media and Technology Program at NYU's Stern School of Business."

Excerpt from The Wall Street Journal -- "The rise of trading in index funds, these researchers say, is causing stocks to move more tightly together than ever before—as if they 'have joined a new school of fish,' as Prof. Wurgler puts it."

Excerpt from Bloomberg -- "'Guaranteed to Fail' by Viral V. Acharya, Matthew Richardson, Stijn Van Nieuwerburgh and Lawrence J. White (Princeton). Four professors at New York University’s Stern School of Business explain how Fannie Mae (FNMA) and Freddie Mac got so big and why we must fix them."

Excerpt from MSNBC -- “'People tend to feel more positive about things that are easy to process mentally, and with work colleagues that means better relationships,' said Ad­am L. Al­ter, an assistant professor of marketing at New York University’s Stern School of Business."

Excerpt from Bloomberg Businessweek -- "'The difference between AAA and AA+ is comparatively small, but B and B- would be bigger.' Downgrades are particularly costly for banks, White says, because they borrow much more frequently than non-financial corporations."

Excerpt from Project Syndicate -- "The alternative is to change the growth model in order to lighten the impact of higher levels of economic activity on natural resources and the environment."

Excerpt from The New York Times -- "As the Nobel-winning economist A. Michael Spence has put it, America has gone from 'one propertied man, one vote; to one man, one vote; to one person, one vote; trending to one dollar, one vote.'"

Excerpt from Project Syndicate -- "At least four downside risks are likely to materialize this year, undermining global growth and eventually negatively affecting investor confidence and market valuations of risky assets."

Excerpt from PBS Nightly Business Report -- "It's clearly not a very high productivity use of your resources. And so it's a wasting asset."

Excerpt from Opalesque -- "When we control for the affordability of due diligence, we find that funds that can afford to do the due diligence do better than funds that cannot afford to do the due diligence. And it accounts for most of the gains that we have seen to scale in funds of funds."

Excerpt from BBC -- "Dr. Roubini made an important observation about the state of the Mexican economy. Compared to many major economies around the world - particularly its powerful neighbour to the north - Mexico is performing well."

Excerpt from WA Today -- "Suppose all the world's stock of structures and equipment remained, Romer mused, but our knowledge of how to create them was wiped out. Then imagine a scenario B, in which all our structures and equipment were wiped out, yet our knowledge of how to build them remained. In the long term, which scenario would leave us better off?"

Excerpt from TheStreet.com -- "The Altman Z-Score measures several aspects of a company's financial health to forecast the probability of it going bankrupt in the coming year."