Experience Stern | News & Events

Excerpt from The New York Times Economix blog -- "... in a new working paper, 'Too-Systemic-to-Fail: What Option Markets Imply About Sector-Wide Government Guarantees,' Bryan T. Kelly, Hanno Lustig and Stijn Van Nieuwerburgh compare the price of put options for the financial sector stock index relative to put options on individual banks' stocks."  Additional coverage appeared in Sarasota Herald-Tribune.

Excerpt from Financial Planning -- "'If you went to six different restaurants and ordered coq au vin, you'd get six slightly different variations of the recipe,' Gruber says. He believes it's the same with indexes."

Excerpt from Moneyweb -- "In my view, this double dip or recession will occur regardless of whether the Central Bank of the United States, etcetera tries to do more quantitative easing."  Additional coverage appeared on Moneyweb and The Citizen.

Excerpt from Sydney Morning Herald -- “The market is going to fizzle out when the real economy is going to go and tank. We’re entering a recession based on my numbers.”  Additional coverage appeared in New Zealand Herald, Business Insider and Vancouver Sun.

Excerpt from Computer Weekly News -- "We study a reliable facility location problem wherein some facilities are subject to failure from time to time."

Excerpt from Bloomberg TV -- "Roubini tells Brennan, 'we're going into a recession based on my numbers' and that the Federal Reserve and other authorities no longer have the ability to provide emergency support."  Additional coverage appeared in two Bloomberg pieces, three Bloomberg Businessweek pieces, AdvisorOne, Vancouver Sun, Courier-Journal and Portfolio.com.

Excerpt from CNBC -- "'The difference is whether the shock has a temporary liquidity impact versus an underlying credit impact. Nine-eleven didn’t necessarily go to the underlying credit-worthiness of the institutions,' says Silber, who chronicled the monetary crisis surrounding WWI in 'The Day Washington Shut Down Wall Street.'"

Excerpt from Fitness Magazine -- "Predict you will eat better and work out more next week and you probably will, according to a recent study in the Journal of Consumer Research."

Excerpt from ENP Newswire -- "The conference is organised under the Norwegian Finance Initiative (NFI), newly set up by NBIM to promote financial economic research and education in areas relevant to the long-term management of the fund."

Excerpt from Foreign Policy -- "Spence emphasizes further that because of the on-going restructuring of the global supply chain, 'the range of employment opportunities available in the tradable sector is declining, which is limiting choices for U.S. workers in the middle-income bracket.'"

Excerpt from McKinsey Quarterly -- "Michael Spence ... sees structural changes in the economy that present major challenges to job creation."

Excerpt from Fortune -- "Pusillanimous managers complain that they're forced to make these cuts by short-term oriented investors. But research by New York University's Baruch Lev and others shows that it isn't so."

Excerpt from Financial Times -- "Nouriel Roubini, also known as 'Dr Doom', predicts a downturn. 'A stopped clock', some will mutter. Yet he is surely right that the buffers have mostly gone: interest rates are low, fiscal deficits are huge and the eurozone is stressed."  Additional coverage appeared in Bloomberg, iStockAnalyst, CityWire and OnWallStreet.com.

Excerpt from Forbes.com -- "On Tuesday morning, Nouriel Roubini tweeted a very interesting interview with influential high tech pundit Jaron Lanier."

Excerpt from The Globe and Mail -- "I think tablets will be game changing, and will lead to a whole new generation of media that we haven't seen yet today."

"Nouriel Roubini, also known as 'Dr Doom', predicts a downturn. 'A stopped clock', some will mutter. Yet he is surely right that the buffers have mostly gone: interest rates are low, fiscal deficits are huge and the eurozone is stressed." Additional coverage in Bloomberg.

Excerpt from the Sun Herald -- "W. R. Berkley Corporation (NYSE: WRB) announced today that William R. Berkley, its chairman and chief executive officer, will present at the 2011 Keefe, Bruyette & Woods Insurance Conference being held in New York City."

Excerpt from Reuters -- "'The notion that workers won't pay more for healthcare is almost certainly lost,' said Professor Joseph Foudy of New York University's Stern School of Business."  Additional coverage appeared in NewsDaily and FierceTelecom.com.

Excerpt from The Scotsman -- "The remedy for the fears afflicting business and consumer confidence, he argues in a posting on his website, is the kind of regime change US economist Thomas Sargent identified 30 years ago."

Excerpt from TimesLive -- "'Too bad the government didn't do the same with TARP. Taxpayers got ripped off in comparison to the terms Buffett got,' Bernstein said." Additional coverage appeared in The Monterey County Herald.

Excerpt from ShellyPalmer -- "The FCC announced last week that it is throwing out the Fairness Doctrine along with 80 other rules it considers 'outdated and obsolete.'"

Excerpt from The Observer (Yeshiva University) -- "Positive changes have been made to the leadership team of YU's business school, with the appointment of a new director, Dr. Moses Pava, along with two new associate directors, Professor Michael Strauss, and Dr. Avi Giloni."

Excerpt from the Washington Square News -- "Geeta Menon has been at NYU for 21 years, having taught at the university as a professor of marketing. She now will replace Frederick Choi as the new undergraduate dean of the Stern School of Business."

Excerpt from Bloomberg -- "But let's question the premise behind the push. For although unions may be good for a worker, singular, they are not always good for workers, plural."