# Stern in the News: June 2011

1 Faculty News June 30, 2011>

In June, NYU Stern generated more than 900 media hits. Stern faculty were featured for their research and perspectives on a variety of subjects including the debt ceiling debate, cross-cultural marketing theory and online social sharing in prominent outlets such as the Associated Press, Bloomberg*,* *Forbes* and *The Wall Street Journal*. Additionally, in 45 op-eds, Stern faculty discussed the risk of a double-dip recession, the potential break-up of the Eurozone and the Fed’s policy of quantitative easing.

Please continue reading for news highlights from June 2011.

**Faculty Research & Accolades**   **[Financial Times](http://www.ft.com/intl/cms/s/0/638185f8-a303-11e0-a9a4-00144feabdc0.html#axzz1QrrZ5rkl)**: “State is Now Dominant Force in US Capital Markets”
June 30, 2011

Professor **Viral Acharya** was featured for his research on Fannie Mae and Freddie Mac in *Guaranteed to Fail*, co-authored with Professors **Matthew Richardson**, **Stijn Van Nieuwerburgh** and **Lawrence White**. *Guaranteed to Fail* was reviewed in [*The Hindu*](http://www.thehindu.com/arts/books/article2087786.ece). It was also called a book that “provokes and excites” in [iNewsOne.com](http://www.inewsone.com/2011/06/02/movies-business-fitness-feminism-on-bookshelf-ians-books-this-week/54707) and highlighted as a “Top Business Book” in [*Financial Express*](http://www.financialexpress.com/news/the-top-business-books-you-must-read/799501/2) and *[*Irish Independent*](http://www.independent.ie/entertainment/books/take-this-list-of-business-titles-on-your-sun-holiday-2676364.html).*

**[Freakonomics.com](http://www.freakonomics.com/2011/06/30/the-folly-of-prediction-full-transcript/)**: “The Folly of Prediction”
June 30, 2011

Professor **Christina Fang**’s research on economic forecasting abilities, which showed that someone who predicted a major event tends to be wrong about other events, was featured.

**[Yahoo! News](http://news.yahoo.com/blogs/lookout/economists-failure-raise-debt-limit-could-cause-recession-195549695.html)**: “Economists: Failure to Raise Debt Limit Could Cause Recession”
June 29, 2011

On *The Lookout* blog, Nobel Laureate Professor **Robert Engle** was highlighted as one of 235 economists who signed a letter advising US congressional leaders to raise the debt ceiling. Forecasts from the NYU Stern Volatility Institute, led by Professor Engle, were highlighted in [*The Options Insider*](http://www.theoptionsinsider.com/radio/?id=244&launch=true).

**[Bloomberg TV](http://www.bloomberg.com/video/71592114/)**: “Italy to Be Last Battle to Save Euro”
June 28, 2011

Professor **Edward Altman** applied his Z-score, which predicts the likelihood of bankruptcy, to the European debt crisis, with additional pick-up in [*The Washington Post*](http://www.washingtonpost.com/business/nyus-altman-says-italy-to-be-last-battle-to-save-euro/2011/06/28/AGqzPlpH_video.html). His z-score was also featured in [TheStreet.com](http://www.thestreet.com/_nasdaq/story/11145602/1/stocks-under-5-at-risk-of-bankruptcy.html?&cm_ven=NASDAQ&cm_cat=FREE&cm_ite=NA), [*USA Today*](http://www.usatoday.com/money/perfi/columnist/krantz/2011-06-23-altman-z-score-bankruptcy_n.htm) and two other outlets.

**[livemint.com](http://www.livemint.com/2011/06/28202914/Telecom-economics-that-NTP-201.html?h=D)**: “Telecom Economics That NTP 2011 Needs to Heed”
June 28, 2011

Professor **William Baumol**’s general conception of market competitiveness, referred to as “contestability,” was referenced.

**[CNNMoney](http://money.cnn.com/2011/06/27/news/economy/wall_street_reform/)**: “Fed Official: Bring Back Tough Wall Street Rules”
June 27, 2011

**NYU Stern** and Professors **Matthew Richardson** and **Kim Schoenholtz** were highlighted in coverage of “The Dodd-Frank Act – One Year On,” a conference hosted by the Pew Financial Reform Project and NYU Stern on June 27, with additional pick-up on [Bloomberg](http://www.bloomberg.com/news/2011-06-27/fed-s-hoenig-sees-economic-danger-in-big-financial-companies.html), [C-SPAN](http://cspan.org/Events/Pew-Financial-Reform-Project-Reviews-Dodd-Frank-Act/10737422509/), [The Huffington Post](http://www.huffingtonpost.com/2011/06/28/dodd-frank-fail-hoenig_n_885900.html), [MarketWatch](http://www.marketwatch.com/story/former-regulators-signal-relief-on-bank-capital-2011-06-27?link=MW_latest_news), [Reuters](http://www.reuters.com/article/2011/06/16/diary-fed-idUSN243477020110616) and six other outlets.

**[Bloomberg](http://www.bloomberg.com/news/2011-06-23/credit-suisse-to-start-500-million-systematic-trading-group-led-by-toikka.html)**: “Credit Suisse Starts $500 Million Systematic-trading Group Led by Toikka”
June 23, 2011

Nobel Laureate Professor **Robert Engle** was highlighted as a member of the Credit Suisse Systematic Trading Group’s advisory board, with additional pick-up on [Banking Business Review](http://assetmanagement.banking-business-review.com/news/credit-suisse-launches-systematic-trading-group-240611).

**[Scientific American Mind](http://www.nature.com/scientificamericanmind/journal/v22/n3/full/scientificamericanmind0711-12a.html)**: “Can I Help You?”
June 23, 2011

Professor **Evan Polman**’s research, which found problem solving is easier when solved on another person’s behalf, was featured.

**[Fora.tv](http://blog.fora.tv/2011/06/l2-clinic-the-future-of-mobile-marketing/)**: “L2 Clinic: The Future of Mobile Marketing”
June 22, 2011

Professor **Anindya Ghose** was highlighted for his research on the future of US mobile engagement.

**[WallStreetPit.com](http://wallstreetpit.com/78552-dawn-of-the-gargoyles-romney-proves-he-learned-nothing-from-the-crisis)**: “Dawn of the Gargoyles: Romney Proves He’s Learned Nothing From the Crisis”
June 22, 2011

Professor **Paul Romer**’s research on accounting fraud was cited.

**[Slate.com](http://www.slate.com/blogs/blogs/weigel/archive/2011/06/15/bachmann-s-history.aspx)**: “Bachmann’s History”
June 21, 2011

Professor **Amity Shlaes**’s book, *The Forgotten Man,* was referenced, with additional pick-up on [DailyCaller.com](http://dailycaller.com/2011/06/21/the-audacity-of-hype/) and [*World Magazine*](http://online.worldmag.com/2011/06/01/gop-may-have-a-contender-in-the-wings/).

**[Financial Times](http://www.ft.com/intl/cms/s/2/32fb8a62-9a59-11e0-bab2-00144feab49a.html#axzz1Pp9fgtX6)**: “The Next Convergence”
June 20, 2011

Nobel Laureate Professor **Michael Spence**’s new book, *The Next Convergence,* was reviewed. He discussed the book on [BookTV](http://www.booktv.org/Program/12549/The+Next+Convergence+The+Future+of+Economic+Growth+in+a+Multispeed+World.aspx), [*Malaysia Star*](http://biz.thestar.com.my/news/story.asp?file=/2011/6/25/business/8971803&sec=business) and two [*National Review*](http://tv.nationalreview.com/uncommonknowledge/post/?q=YjI0NGQxNTY0NmM4Yzk5NGE2ODYzZmEwYWMwYmU0OGQ=) [pieces](http://tv.nationalreview.com/uncommonknowledge/post/?q=MTQxZTE1YzczZDFlMjA3ZGFhNTViNWU2ZjZiNzVjNmU=). His book was featured on a [Reuters blog](http://blogs.reuters.com/macroscope/2011/06/07/must-we-always-try-to-grow-the-economy/), [*TIME*](http://www.time.com/time/nation/article/0,8599,2076568,00.html) and three other outlets. His research on US job growth, conducted with Research Assistant **Sandile Hlatshwayo**, was featured in a [*TIME* blog](http://curiouscapitalist.blogs.time.com/2011/06/03/why-dont-jobs-and-corporate-profits-match-up/), [*The Washington Post*](http://www.washingtonpost.com/opinions/using-german-ingenuity-to-fix-our-economy/2011/06/14/AGdRJVWH_story.html), [*Foreign Policy Journal*](http://www.foreignpolicyjournal.com/2011/06/01/a-nobel-economist-says-globalism-is-costly-for-americans/) and [*Manufacturing & Technology News*](http://www.manufacturingnews.com/news/11/0620/pcr.html).

**[TradeReform.org](http://www.tradereform.org/2011/06/ralph-gomory-testimony-at-u-s-china-hearing/)**: “Ralph Gomory Testimony at US-China Hearing”
June 20, 2011

Professor **Ralph Gomory**’s testimony at the US-China Economic and Security Review Commission hearing on June 15, which references Nobel Laureate Professor **Michael Spence**’s research on globalization and unemployment, was featured, with additional pick-up on [EconomicPopulist.org](http://www.economicpopulist.org/content/chinas-five-year-plan).

**Investment Weekly News**: “Research Data from New York University Update Understanding of General Finance”
June 18, 2011

Professor **April Klein**’s research on the impact of hedge fund activism on bondholders’ wealth was featured.

**[Computerworld](http://news.idg.no/cw/art.cfm?id=A739EEC5-1A64-67EA-E4D6FAAF4A22F8B7)**: “Following the (Social Network) Herd”
June 15, 2011

Professor **Ilan Lobel**’s research, which applies “Bayesian” learning principles to modern social networks, was featured, with additional pick-up on [CFOWorld.com](http://www.cfoworld.com/human-capital/12548/following-social-network-herd).

**Science Letter**: “Negotiation Science; Reports Summarize Negotiation Science Research from New York University”
June 14, 2011

Professor **Gus Stuart**’s research on negotiation strategy was featured.

**[Daily Mail](http://www.dailymail.co.uk/home/you/article-2000304/Kate-Middleton-The-sellout-effect-high-street-Duchess-Cambridge.html)**: “We Want What Kate’s Wearing! The Sellout Effect of the High-street Duchess”
June 13, 2011

Professor **David Yermack**’s research on how Michelle Obama’s fashion choices affect stock prices was referenced.

**[SmartMoney](http://www.smartmoney.com/invest/mutual%20funds/index-funds-that-do-what-they-should-1307395992485/)**: “Index Funds That Do What They Should”
June 13, 2011

Professor **Antti Petajisto**’s research on index vs. active investing was referenced, with additional pick-up on [AdvisorOne.com](http://www.advisorone.com/article/five-good-questions-portfolio-theory-hedge-fund-manager-scott-vincent?page=0,0).

**[Global Research](http://www.globalresearch.ca/index.php?context=va&aid=25232)**: “The Rich Are Destroying the Economy”
June 12, 2011

Professor **Nouriel Roubini**’s book, *Crisis Economics,* which critiqued the political response to financial panics, was referenced.

**[Crain’s New York Business](http://www.crainsnewyork.com/gallery/20110603/GALLERIES/603009999/20)**: “People to Watch in Silicon Alley”
June 10, 2011

Professor **Lawrence Lenihan** was named one of the “People to Watch in Silicon Alley.”

**Economics Week**: “Business and Finance; New York University Details Research in Business and Finance”
June 10, 2011

Professor **Samuel Craig**’s study, which assesses cross-cultural marketing theory and research, was featured.

**[ITword.com](http://www.itworld.com/software/173223/corporate-valuation-app-ipad)**: “A Corporate Valuation App for the iPad”
June 10, 2011

An iPad app called uValue, developed by Professor **Aswath Damodaran** to help investors accurately value companies, was featured.

**[MarketWatch.com](http://www.marketwatch.com/story/can-you-escape-plunging-bond-yields-2011-06-10)**: “Can You Escape Plunging Bond Yields?”
June 10, 2011

Data collected by **NYU Stern** on bond yields was referenced, with additional pick-up on Dow Jones. Data from NYU Stern on equity risk premiums was cited in [*Seeking Alpha*](http://seekingalpha.com/article/273450-the-s-p-500-s-p-e-ratio-is-a-red-herring).

**[WallStreetPit.com](http://wallstreetpit.com/77519-credit-market-optimism)**: “Credit Market Optimism”
June 8, 2011

Professor **David Backus**’s research on the cyclical component of US asset returns was referenced.

**[Knowledge@Wharton](http://knowledge.wharton.upenn.edu/article.cfm?articleid=2791)**: “More Than Virtual: Marketing the Total Brand ‘Experience’”
June 7, 2011

Professor **Joel Rubinson**’s research on marketing strategies that blend information with entertainment was highlighted. His research on online social sharing was featured in two [Econsultancy.com](http://econsultancy.com/us/blog/7619-facebook-the-king-of-shared-content-report) [pieces](http://econsultancy.com/us/blog/7619-facebook-the-king-of-shared-content-report).

**[Insurance Journal](http://www.insurancejournal.com/magazines/editorsnote/2011/06/06/201098.htm)**: “From Bad to Worse”
June 6, 2011

Professor **Tom Meyvis**’s research on the power of expectations in heightening negative feelings was featured.

**[Seeking Alpha](http://seekingalpha.com/article/274451-cef-weekly-review-an-unstable-foundation)**: “CEF Weekly Review: An Unstable Foundation”
June 6, 2011

Emeritus Professor **Martin Gruber**’s appointment as Chairman of the Board of Directors of the Thai Capital Fund was highlighted, with additional pick-up on [MarketWire](http://www.marketwire.com/press-release/thai-capital-fund-announces-results-annual-meeting-stockholders-termination-investment-nyse-amex-tf-1523306.htm).

**[Greek Reporter](http://usa.greekreporter.com/2011/06/04/the-gabby-award-winners/)**: “2011 Gabby Award Winners”
June 4, 2011

Professor **Nicholas Economides** was highlighted for his 2011 Gabby Award nomination in education.

**Economics Week**: “Management Studies; Research Reports on Management Studies from J.F. Porac and Colleagues Provide New Insights”
June 3, 2011

Professor **Joseph Porac**’s research on the Scottish knitwear industry was featured.

**Politics & Government Week**: “SimCorp StrategyLab; SimCorp StrategyLab Awards Business Excellence”
June 3, 2011

Professor **Ingo Walter** was cited as the head of the SimCorp StrategyLab.

**AGEFI Weekly**: “Economics & Finance: Identify Is a Difficult Exercise”
June 2, 2011

Professors **Viral Acharya**, **Lasse Pedersen**, **Matthew Richardson**, **Thomas Philippon** and **Thomas Cooley** are cited for their research on systemic risk.

[**Business of Fashion**](http://www.businessoffashion.com/2011/06/is-burberrys-digital-prowess-really-waning.html): “Is Burberry’s Digital Prowess Really Waning?”
June 2, 2011

Professor **Scott Galloway**’s new index, which measures the Facebook IQ of Prestige 100® brands, was featured, with additional pick-up on [BrandChannel.com](http://www.brandchannel.com/home/post/2011/06/06/Facebook-Top-100-Luxury-Brands.aspx), [DigitalJournal.com](http://www.digitaljournal.com/pr/326588), two [MediaPost.com](http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=151550) [pieces](http://www.mediapost.com/blogs/raw/?p=6738), [warc.com](http://www.warc.com/LatestNews/News/Finance_brands_get_social.news?ID=28420) and four other outlets.

**[Le Monde](http://www.lemonde.fr/economie/article/2011/05/23/les-mathematiques-aident-a-rendre-intelligibles-les-evenements-extremes-et-les-comportements-irrationnels_1525903_3234.html)**: “Xavier Gabaix (Université de New York), Lauréat, ‘Les Mathématiques Aident à Rendre Intelligibles les Evénements Extrêmes et les Comportements Irrationnels’”
June 2, 2011

Professor **Xavier Gabaix** was featured for receiving the Bernácer Award 2010, sponsored by the ECB, which recognizes his research on financial economics, with additional pick-up in *Cinco Días,* [*Expansión*](http://www.expansion.com/2011/06/01/economia/1306958757.html) and *Europa Press*.

**[CFO](http://www.cfo.com/article.cfm/14577119/c_14577475)**: “What Shareholders Need to Know About M&A”
June 1, 2011

Professor **Aswath Damodaran**’s paper, “The Value of Synergy,” which applies traditional measures of valuation to company synergies, was referenced.

**[FINalternatives.com](http://www.finalternatives.com/node/16831)**: “Investing in Art for Love and Money”
June 1, 2011

The Mei Moses Fine Art Index, co-developed by Professor **Michael Moses**, was highlighted.

**[Foreign Policy Journal](http://www.foreignpolicyjournal.com/2011/06/01/a-nobel-economist-says-globalism-is-costly-for-americans/)**: “A Nobel Economist Says Globalism Is Costly for Americans”
June 1, 2011

Professors **Ralph Gomory** and **William Baumol**’s book, *Global Trade and Conflicting National Interests*, was cited, with additional pick-up in [*Manufacturing & Technology News*](http://www.manufacturingnews.com/news/11/0620/pcr.html).

**[Hedge Funds Review Magazine](http://www.hedgefundsreview.com/hedge-funds-review/feature/2072730/investors-detectives-help-vet-hedge-funds)**: “Investors Turn to Detectives to Help Vet Hedge Funds”
June 1, 2011

Professor **Stephen Brown**’s research on the validity of hedge funds’ due diligence reports was referenced.

**[Treasury & Risk](http://www.treasuryandrisk.com/2011/06/01/2011-100-most-influential-people-in-finance?page=6)**: “2011 100 Most Influential People in Finance”
June 2011

Professor **Viral Acharya** was named one of *Treasury & Risk’s* “100 Most Influential People in Finance,” recognizing his role in creating the NYU Stern Systemic Risk Rankings, developed under Nobel Laureate Professor **Robert Engle**, along with Professors **Lasse Pedersen**, **Thomas Philippon** and **Matthew Richardson**.

**Faculty Speaking Engagements**

**[TheWrap.com](http://www.thewrap.com/media/column-post/palm-springs-long-shorts-28650)**: “Palm Springs Long on Shorts”
June 28, 2011

Professor **Sharon Badal** was highlighted for her participation in the Palm Springs International ShortFest. She was also highlighted as a panelist at the Sundance Institute’s ShortsLab: NYC workshop on [IndieWire.com](http://www.indiewire.com/article/2011/06/08/shortslabnyc_returns_to_bam).

**[National Mortgage Professional](http://nationalmortgageprofessional.com/news25648/rep-miller-announces-new-mortgage-finance-proposal)**: “Rep. Miller Announces New Mortgage Finance Proposal”
June 27, 2011

Professor **Lawrence White** was highlighted for his participation in a National Housing Conference policy summit in June, with additional pick-up on [RealEstateRama.com](http://www.realestaterama.com/2011/06/20/national-housing-conference-convenes-policy-heavyweights-to-debate-the-future-of-housing-finance-ID09888.html).

**[Fora.tv](http://fora.tv/2011/06/24/L2_Clinic_Mobile__Geolocal_Module_1)**: “L2 Clinic: Mobile & Geolocal (Module 1)”
June 24, 2011

Professor **Scott Galloway** was featured for his welcoming remarks at the L2 Mobile and Geolocal Clinic, hosted by **NYU Stern** on June 24, with additional pick-up on [L2ThinkTank.com blog](http://l2thinktank.com/blog/2011/06/what-you-need-to-know-for-tomorrows-l2-mobile-clinic/).

**[Forbes.com](http://blogs.forbes.com/poptech/2011/06/24/poptechs-lively-exchange-sinan-aral-and-eli-pariser-628-1pm-et/)**: “PopTech’s 6/28 Lively Exchange with Sinan Aral and Eli Pariser”
June 24, 2011

Professor **Sinan Aral**’s participation in a live chat on June 28 on how behaviors can spread through social networks was featured on a Forbes.com blog, with additional pick-up on [PopTech.org](http://poptech.org/blog/get_ready_for_tomorrows_lively_exchange_with_sinan_aral_and_eli_pariser.html). He also spoke about contagion in networks at the NExTWORK Conference on June 22, as featured on [Fora.TV](http://fora.tv/2011/06/22/NYUs_Sinan_Aral_Contagion_in_Networks).

**[Financial Advising Magazine](http://www.financialadvisormagazine.com/component/content/article/29-evan-simonoff-fa-blog/7758.html?Itemid=291)**: “Richard Bernstein: The US May Be the Best Place to Invest”
June 23, 2011

Member of the NYU Stern Executive Board and Professor **Richard Bernstein** (MBA ’87) was featured for his keynote address at the Innovative Alternative Investments Conference on June 22.

**[MediaPost.com](http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=153006)**: “Why I Skipped Cannes for Nielsen”
June 23, 2011

Professor **David Poltrack** was highlighted for participating in Nielsen’s Consumer 360 Conference in June.

**[Wired.com](http://www.wired.com/epicenter/2011/06/government-little-g/)**: “US CTO Aneesh Chopra Promotes Government with a Little ‘g’”
June 22, 2011

Professor **Vijay Vaitheeswaran** was featured for his talk on “Policy and Progress in a Borderless World” at the NExTWORK Conference on June 22, with additional pick-up on [Fora.TV](http://fora.tv/2011/06/22/Aneesh_Chopra_Policy_and_Progress_in_a_Borderless_World).

**[Pasadena Star News](http://www.pasadenastarnews.com/ci_18300540)**: “The Local Buzz: Nobel Prize Winner to Talk Economics”
June 17, 2011

Nobel Laureate Professor **Michael Spence** was featured for his talk on the future of the global economy at the Drucker Business Forum on June 23, with additional pick-up on [LAObserved.com](http://www.laobserved.com/biz/2011/06/free_tickets_to_hear.php).

**AP Planner**: “US-China Economic and Security Review Commission Public Hearing”
June 16, 2011

Professor **Ralph Gomory** was highlighted as a witness at a US-China Economic and Security Review Commission public hearing on June 15.

**[Financial Times](http://www.ft.com/intl/cms/s/0/261c474e-91ff-11e0-b8c1-00144feab49a.html#axzz1Osla2uqY)**: “US Market: Inspiration Sought From Outside the Trade”
June 10, 2011

Professor **Scott Galloway** was highlighted for his presentation on the luxury industry and social media at the Gemological Institute of America’s 2011 International Gemological Symposium in May.

**[CNBC](http://www.cnbc.com/id/43339198)**: “Yoshikami: Singapore Banks Take Center Stage”
June 9, 2011

Professor **Nouriel Roubini** was highlighted as a speaker at an investors’ forum in Singapore, hosted by OCBC in June. He was the opening keynote speaker at REITWeek 2011: NAREIT’s Investor Forum® on June 7, as featured on [REIT.com](http://www.reit.com/Articles/Roubini-Weighs-the-Positives-and-Negatives-of-a-Global-Economic-Recovery.aspx). He is scheduled to speak on “Partnering for Global Growth” at the 2011 Commonwealth Business Forum in Perth, Australia, on October 25-27, as featured in [InvestinAustralia.com](http://www.investinaustralia.com/news/australian-business-community-welcome-commonwealth-business-forum-perth-oct-25-27).

**Reuters Washington Daybook**: "Reuters Washington Daybook Report”
June 8, 2011

Professor **David Backus**’s briefing on the financial implications of the debt debate, from the [US Department of State](http://fpc.state.gov/165245.htm), was featured, with additional pick-up on *States News Service*.

**[Yahoo! Finance](http://finance.yahoo.com/news/ShareThis-and-Starcom-iw-74292013.html?x=0&.v=1)**: “ShareThis and Starcom MediaVest Group Collaborate to Release First Comprehensive Study on Sharing”
June 6, 2011

Professor **Joel Rubinson** was highlighted for his presentation on online social sharing at Internet Week in NYC on June 6, with additional pick-up on [*Business Insider*](http://financial.businessinsider.com/siliconalleymedia.clusterstock/news/read?GUID=18647827)*,* [MediaPost.com](http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=151760) and three other outlets.

**[Ruthland Herald](http://www.rutlandherald.com/article/20110605/THISJUSTIN/706059886)**: “Justice Breyer Among Speakers for Coolidge Foundation Series”
June 5, 2011

Professor **Amity Shlaes** was featured as a speaker for the Coolidge Foundation speaker series on July 6.

**[TED.com](http://www.ted.com/talks/paul_romer_the_world_s_first_charter_city.html)**: “Paul Romer: The World’s First Charter City?”
June 2011

Professor **Paul Romer** delivered a talk on charter cities in Honduras at TED2011.

**[Tinbergen Institute Magazine](http://www.tinbergen.nl/ti-publications/magazines/mag23-spring2011.pdf)**: “The Power of Power Laws”
June 2011

In an exclusive interview, Professor **Xavier Gabaix** discussed his upcoming economics lectures at the Tinbergen Institute in June.

**[TEDx Silicon Valley Blog](http://csi.gsb.stanford.edu/tedxsv-2011-sinan-aral)**: “Sinan Aral: Good Behavior is Contagious”
May 18, 2011

Professor **Sinan Aral** delivered a TED talk on how contagious behavior can be fostered in social networks.

**Stern’s Programs & Community**

**HINA**: “Dubrovnik Hosting 17th International Economic Conference”
June 29, 2011

**NYU Stern** was highlighted for participating in the 17th International Economic Conference in Dubrovnik in June.

**[Financial Times](http://www.ft.com/intl/cms/s/2/beef68ba-9e80-11e0-9469-00144feabdc0.html#axzz1QTYk9Apd)**: “Doors of Opportunity Open Again for MBAs”
June 27, 2011

Assistant Dean of Career Services and Leadership Development **Pamela Mittman** commented on increases in recruiter activity and job postings at NYU Stern. Her comments on the same topic were also featured in a [*Financial Times* video](http://video.ft.com/v/996772698001/US-employment-prospects-increase-for-recent-grads).

**[Financial Times](http://www.ft.com/intl/cms/s/0/a8e1c070-9bf8-11e0-bef9-00144feabdc0.html#axzz1QTzMprnC)**: “The Fed Turned Economists Into Equity Pundits”
June 27, 2011

NYU Life Trustee and Chairman Emeritus of the NYU Stern Board of Overseers **Henry Kaufman** (PhD ’58) was highlighted for his expertise in forecasting interest rates. His comments on Wall Street’s “financial irresponsibility” were featured on [MSN Money](http://money.msn.com/business-news/article.aspx?feed=PR&Date=20110620&ID=13796921), [Reuters](http://www.reuters.com/article/2011/06/20/idUS210548+20-Jun-2011+PRN20110620), [TheStreet.com](http://www.thestreet.com/story/11159097/1/noted-economist-cites-widespread-financial-irresponsibility-as-key-factor-promoting-uncivil-unethical-behavior-on-wall-street.html?cm_ven=RSSFeed), Yahoo! News and eight other outlets. He gave his outlook for US Banks on [Bloomberg video](http://www.bloomberg.com/video/71141804/). He was cited for his memoir, *On Money and Markets*, on [AGweb.com](http://www.agweb.com/blog/Charts__Hedging_257/the_wisdom_of_unregulated_banking/), and was highlighted on [MarketWire.com](http://www.marketwire.com/press-release/back-future-timeless-industry-issues-highlighted-american-bankers-175th-anniversary-1523905.htm) for his feature story in the 175th anniversary issue of *American Banker.*

**[New Jersey Jewish Standard](http://www.jstandard.com/content/item/student_helps_israeli_social_media_company/19139)**: “Local Students Lend a Hand to Israeli Social Media Start-up”
June 24, 2011

Undergraduate student **Jason Bieber** was highlighted for co-creating the Ofek Israel Consulting Group, which offers NYU students the opportunity to connect with Israeli businesses.

**[Port Washington News](http://www.antonnews.com/portwashingtonnews/news/16097-updates-to-the-sandminers-monument-depict-port-washington-history.html)**: “Updates to the Sandminers Monument Depict Port Washington History”
June 24, 2011

Vice Chairman of NYU’s Board of Trustees and Vice Chairman of the NYU Stern Board of Overseers **Kenneth Langone** (MBA ’60) was highlighted for his support in funding the Port Washington Sandminers Monument.

**[Stamford Advocate](http://www.stamfordadvocate.com/news/article/Governor-urges-Westhill-grads-to-strive-for-1437914.php)**: “Governor Urges Westhill Grads to Strive for Limitless Potential”
June 24, 2011

Undergraduate student **Zeena Advani** and her younger sister, an incoming student, were highlighted for their decision to attend NYU Stern.

**[Warren Patch](http://warren.patch.com/articles/class-of-2011-whats-next-2)**: “Class of 2011: What’s Next?”
June 23, 2011

**NYU Stern** was highlighted as one school which accepted students from Watchung Hills Regional this year.

**[Governing.com](http://www.governing.com/blogs/bfc/better-contracting-greater-diversity.html)**: “Better Contracting, Greater Diversity”
June 22, 2011

The NYC Department of Small Business Services’s management training program, “*Strategic Steps for Growth*,” a partnership with **NYU Stern**’s Berkley Center for Entrepreneurship & Innovation, was referenced.

**[Financial Times](http://blogs.ft.com/mba-blog/2011/06/21/lessons-learned-from-the-mba-experience/#axzz1QUmUI8JP)**: **“**Lessons Learned From the MBA Experience”
June 21, 2011

Alumna **Chloe Weisberg** (MBA ’11) wrote about her experience at NYU Stern in two [pieces](http://blogs.ft.com/mba-blog/2011/06/15/getting-ahead-in-the-summer-at-stern/#axzz1Rxcc1dZm) on the *MBA* blog.

**CNBC.com**: “W. R. Berkley Corporation Announces the Retirement of Tom Kellogg”
June 20, 2011

Vice Chairman of NYU Trustees and Chairman of the NYU Stern Board of Overseers **William Berkley** (BS ’66) commented on the retirement of Tom Kellogg, chairman of Signet Star Holdings Inc., with additional pick-up on [Benzinga.com](http://www.benzinga.com/news/11/06/1182374/w-r-berkley-corporation-announces-the-retirement-of-tom-kellogg), [InsuranceNewsNet.com](http://insurancenewsnet.com/article.aspx?id=265880&type=newswires), [StreetInsider.com](http://www.streetinsider.com/Press+Releases/W.+R.+Berkley+Corporation+Announces+the+Retirement+of+Tom+Kellogg/6590333.html) and four other outlets. His comments on the newly formed Berkley Technology Underwriters LLC were featured in [*Commercial Record*](http://www.commercialrecord.com/news145203.html).

**[MBAUniverse.com](http://www.mbauniverse.com/article/id/4681/)**: “India’s Top B-schools: Journey to the West - IIM Ahmedabad”
June 20, 2011

**NYU Stern** was highlighted for its exchange program with IIM Ahmedabad (IIMA).

**[NYU Local](http://nyulocal.com/on-campus/2011/06/20/find-cool-classes-with-course-horse-a-startup-run-by-nyu-grads/)**: “Find Cool Classes With Course Horse, a Startup Run by NYU Grads”
June 20, 2011

The 2011 **NYU Stern** New Venture Competition winner, CourseHorse.com, and co-founder Nihal Parthasarathi (BS ’08) were featured.

**[IBNLive](http://ibnlive.in.com/news/celebrating-diversity-through-art-of-living/163777-60-121.html)**: “Celebrating Diversity Through Art of Living”
June 16, 2011

NYU Trustee, member of the NYU Stern Board of Overseers and Executive-in-Residence **Chandrika Tandon** was featured as a participant in the 2011 World Cultural Festival on July 2-3 in Berlin, with additional pick-up on [Newsblaze.com](http://newsblaze.com/story/2011061605093200002.bw/topstory.html).

**[weareNYtech.com](http://wearenytech.com/164-trevor-owens-ceo-co-founder-lean-startup-machine)**: “Trevor Owens”
June 16, 2011

Undergraduate student **Trevor Owens**, founder of Tech@NYU, offered advice to students interested in the startup world.

**Education Letter**: “Paul Romer Joins NYU Stern School of Business to Lead New Urban System Project”
June 15, 2011

Dean **Peter Henry** spoke about Professor **Paul Romer**, who joined the NYU Stern faculty to lead NYU Stern’s new Urban System Project, with additional pick-up on [ClearAdmit.com](http://blog.clearadmit.com/2011/06/noted-urban-economist-joins-nyu-stern-school-of-business-faculty/).

[**The Economic Times**](http://articles.economictimes.indiatimes.com/2011-06-12/news/29649992_1_nrn-shibulal-nandan-nilekani): “Infosys Chief Narayana Murthy: The Tech Titan’s Last Hurrah”
June 12, 2011

N R Narayana Murthy’s 2004 **NYU Stern** commencement address was referenced, with additional pick-up in [*Bangalore Mirror*](http://www.bangaloremirror.com/index.aspx?page=article&sectid=1&contentid=2011061220110612005433575852bd31b).

**[ClearAdmit.com](http://blog.clearadmit.com/2011/06/trivia-tuesday-doing-business-in-nyu-stern/)**: “Trivia Tuesday: Doing Business in…NYU Stern”
June 8, 2011

**NYU Stern**’s international “Doing Business In…” programs were featured.

**[Metro Weekly](http://www.metroweekly.com/news/?ak=6350)**: “Making the Point”
June 8, 2011

MBA student **Jason Nichols** was highlighted as a member of the 2011 class of Point Foundation Scholars.

**[The New York Times](http://www.nytimes.com/2011/06/09/education/09nyu.html)**: “Partnership to Further Global Quest by NYU”
June 8, 2011

Professors **Russell Winer** and **Alexander Tuzhilin** were highlighted for their volunteer roles in a story about NYU’s new partnership with the University of the People, a nonprofit online school, with additional pick-up in the *International Herald Tribune*.

**[Financial Times](http://www.ft.com/intl/cms/s/0/2fc94a3c-8e10-11e0-bee5-00144feab49a.html)**: “Peter Schoenfeld: the ‘Deal Junkie’”
June 5, 2011

Member of the NYU Stern Board of Overseers **Peter Schoenfeld** (ARTS ’66, MBA ’68)was featured for his investment strategies.

**[WIREDvc.com](http://www.wiredvc.com/nyu-taking-on-stanford-for-heavyweight-innovation-title-among-top714-schools/)**: “NYU Taking On Stanford for Heavyweight Innovation Title Among Top Schools”
June 5, 2011

**NYU Stern**’s involvement with the new NYU Innovation Venture Fund was highlighted.

**[Crain’s New York Business](http://www.crainsnewyork.com/article/20110603/SMALLBIZ/110609954)**: “How to Use Awards to Your Advantage”
June 3, 2011

**Belinda Di Giambattista** (MBA ’05), winner of the 2009 NYU Stern Business Plan Competition for her business, Butter Beans, commented on using her award to her advantage.

**[VeritasPrep.com](http://www.veritasprep.com/blog/2011/06/nyu-stern-is-a-good-fit-for-you-if/)**: “NYU Stern Is a Good Fit for You If…”
June 3, 2011

VeritasPrep.com gave six reasons why **NYU Stern** is a perfect fit for an MBA.

**[The Wall Street Journal](http://online.wsj.com/article/SB10001424052702303657404576363281505892722.html)**: “At Business Schools, Race for Cash Heats Up”
June 3, 2011

See and Be Seen LLC, the winning team of the 2011 **NYU Stern** Social Venture Competition, was featured in *The* *Wall Street Journal* with an accompanying [slide show](http://online.wsj.com/article/SB10001424052702303657404576361893832200906.html?mod=WSJ_FinancingAndInvesting_LEFTTopHeadlines).

**[Business Insider](http://www.businessinsider.com/john-paulson-greatest-hedge-fund-investor-contrarian-2011-5)**: “John Paulson: The Man Who Turned Contrarian Bets Into Billions”
June 2, 2011

Member of the NYU Stern Board of Overseers **John Paulson** (BS ’78) was featured for his achievements as an investor.

**Education Letter**: “XanEdu Earns Campus Technology Innovators Award”
June 1, 2011

Assistant Director of the Center for Innovation in Teaching and Learning (CITL) **Maya Georgieva** and undergraduate student **Yonadav Tsuna** were cited for using the XanEdu iPad app at NYU Stern, with additional pick-up in *Computer Weekly News*.

**[Silicon India](http://www.siliconindia.com/shownews/Geeta_Menon_named_as_Dean_of_Leonard_N_Stern_School_of_Business-nid-84186.html)**: “Geeta Menon Named as Dean of Leonard N. Stern School of Business”
June 1, 2011

Professor **Geeta Menon**’s appointment as the new dean of NYU Stern’s undergraduate college was featured.

**[American Banker](http://www.americanbanker.com/usb_issues/121_6/principal-issues-with-the-geithner-principles-1037482-1.html)**: “Principal Issues With the Geithner Principles”
June 2011

US Treasury Secretary Timothy Geithner’s speech at **NYU Stern** last year on financial reform was cited.

**Expert Commentary** **from Faculty**   **[Australian Broadcasting Corporation](http://www.abc.net.au/lateline/business/items/201107/s3258112.htm)**: “Europe Cannot Abandon Greece: Engle”
June 30, 2011

In an exclusive interview, Nobel Laureate Professor **Robert Engle** discussed the debt crisis in Greece.

**[Bloomberg TV](http://www.bloomberg.com/news/2011-07-01/rinzel-says-california-web-sales-tax-offers-fairness-video.html)**: “Rinzel Says California Web Sales Tax Offers ‘Fairness’”
June 30, 2011

Professor **Scott Galloway** discussed Amazon’s plan to sever ties with its California affiliates if the state puts a tax on web sales, with additional pick-up in [*The Washington Post*](http://www.washingtonpost.com/business/rinzel-says-internet-sales-tax-offers-fairness/2011/06/30/AGHeAtsH_video.html). His comments on companies’ use of Facebook to sell products were featured on [Bloomberg TV](http://www.bloomberg.com/news/2011-06-07/galloway-sees-companies-using-facebook-to-sell-products-video.html).

**[ChinaDialogue.net](http://www.chinadialogue.net/article/show/single/en/4384)**: “Limits to Environmentalism”
June 30, 2011

Professor **William Baumol** was referenced for his definition of capitalism as private ownership.

**[MediaPost.com](http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=153362)**: “Data Poetry: How Should I Begin?”
June 30, 2011

Professor **David Poltrack** commented on tracking views across media platforms so advertisers can capture the full value of the viewer. His comments on a new way of selling commercial time based on viewers’ tastes and attitudes to media, rather than age, were featured in [*Variety*](http://www.variety.com/article/VR1118038009) and [*Human Events*](http://www.humanevents.com/article.php?id=43907). His thoughts on the web-based business intelligence software Media TRAnalytics were featured on [MediaPost.com](http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=152605). His comments on Netflix’s streaming platform were featured in two [MediaPost.com](http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=152192) [pieces](http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=152568) and two other outlets.

**[Motley Fool](http://www.fool.com/investing/dividends-income/2011/06/30/10-stocks-that-pay-you-back.aspx)**: “10 Stocks That Pay You Back”
June 30, 2011

Professor **Aswath Damodaran** commented on augmented dividend yield stocks. His comments on the risks of a singular focus on high-yield investing were featured on [Motley Fool UK](http://www.fool.co.uk/news/investing/2011/06/22/whats-better-high-yield-or-dividend-growth.aspx).

**[Reuters Video](http://www.reuters.com/video/2011/07/01/an-audacious-plan-to-save-the-world?videoId=216668212&videoChannel=1)**: “An Audacious Plan to Save the World”
June 30, 2011

In an exclusive interview, Professor **Paul Romer** talked about building new cities in the developing world. His comments on how the US can ignite economic growth were featured in [*Aspen Daily News*](http://www.aspendailynews.com/section/home/147642) and a [Reuters blog](http://blogs.reuters.com/felix-salmon/2011/06/28/getting-enthused-about-aspen/). His explanation of “meta-ideas,” or ideas about how to support the production and transmission of ideas, were featured on [The Huffington Post](http://www.huffingtonpost.com/lesa-mitchell/business-plan-competition_b_871799.html). He was featured for his “charter cities” theory in the [*Financial Times*](http://www.ft.com/intl/cms/s/0/0dd1ef74-92c5-11e0-bd88-00144feab49a.html#axzz1Osla2uqY)*,* [*The Washington Post*](http://www.washingtonpost.com/blogs/ezra-klein/post/lunch-break-ready-for-charter-cities/2011/05/19/AGZA7LNH_blog.html) and three other outlets. His comments on how to innovate were featured on [CNN: Fareed Zakaria GPS](http://inthearena.blogs.cnn.com/2011/06/02/cnn-restoring-the-american-dream-how-to-innovate-%E2%80%93-a-fareed-zakaria-gps-special/) and Mediabistro.com.

**[StreetInsider.com](http://www.streetinsider.com/Press+Releases/NetBase+Brings+Social+Media+Smarts+to+University+Classrooms/6611906.html)**: “NetBase Brings Social Media Smarts to University Classrooms”
June 30, 2011

Professor **Joel Rubinson** was featured for his use of the Netbase tool in his MBA course, “Social Media for Brand Managers.”

**[Los Angeles Times](http://latimesblogs.latimes.com/entertainmentnewsbuzz/2011/06/slacker-replaces-cbs-as-online-radio-provider-for-aol-radio.html)**: “Slacker Replaces CBS in Deal to Power AOL Radio”
June 28, 2011

Professor **Jeff Bronikowski**’s comments on AOL’s new free radio service, powered by the digital music start-up Slacker, were featured on the *Company Town* blog, with additional pick-up in [*All Things Digital*](http://allthingsd.com/20110628/aol-gets-into-music-subscriptions-again/?refcat=mobile)*,* [VentureBeat.com](http://venturebeat.com/2011/06/28/aol-music-service-based-on-slacker-radio/) and [MSN Arabia](http://arabia.msn.com/Technology/GadgetsObjects/WSJ/2011/June/7093663.aspx).

**[Psychology Today](http://www.psychologytoday.com/blog/alternative-truths/201106/limits-in-human-imagination)**: “Limits in Human Imagination”
June 28, 2011

In an op-ed, Professor **Adam Alter** wrote about our limited capacity to imagine alternative states, such as imagining feeling cold while experiencing a hot day.

**[Bloomberg](http://www.bloomberg.com/news/2011-06-27/blame-minimum-wage-for-youth-joblessness-echoes.html)**: “Blame Minimum Wage for Youth Joblessness: Echoes”
June 27, 2011

In an op-ed, Professor **Amity Shlaes** observed a historic correlation between minimum wage and youth unemployment, with additional pick-up in six other outlets. In a [Bloomberg](http://www.bloomberg.com/news/2011-06-24/on-the-fed-s-cred-and-inflation-targeting-echoes.html) op-ed, she argued that the Fed could strengthen its credibility through inflation targets. In another [Bloomberg](http://www.bloomberg.com/news/2011-06-20/to-avoid-double-dip-recession-remember-lessons-of-1980s-echoes.html) op-ed, she suggested the US could be due for a double-dip recession, with additional pick-up on [Bloomberg](http://www.bloomberg.com/news/2011-06-22/paul-volcker-s-most-important-lesson-echoes.html), [CFR.org](http://www.cfr.org/financial-crises/avoid-double-dip-recession-remember-lessons-1980s/p25322), [*The New Republic*](http://www.tnr.com/blog/jonathan-chait/90347/amity-shlaes-still-partying-its-1979) and four other outlets. In an additional [Bloomberg](http://www.bloomberg.com/news/2011-06-29/the-costs-of-regulation-and-arbitrary-government-echoes.html) op-ed, she argued that the US labor market suffers from an uncertain regulatory environment and a skilled labor shortage. She compared the present economic environment to 1937’s economic downturn in a [Bloomberg](http://www.bloomberg.com/news/2011-06-06/what-paul-krugman-misses-about-1937-redux-echoes.html) op-ed, with additional pick-up in three other outlets. She also commented on the political reaction to the downturn in [three](http://www.bloomberg.com/news/2011-06-17/how-fdr-s-most-dangerous-law-affected-economy-echoes.html) [Bloomberg](http://www.bloomberg.com/news/2011-06-13/revisiting-fdr-and-unimagined-power-echoes.html) [pieces](http://www.bloomberg.com/news/2011-06-10/strikes-wages-and-the-wagner-act-echoes.html), and on the future of Social Security’s finances in a [Bloomberg](http://www.bloomberg.com/news/2011-06-03/social-security-s-finances-past-and-future-echoes.html) piece. Her definition of liberalism was featured on [BroadsideBooks.net](http://broadsidebooks.net/2011/06/29/amity-shlaes-coolidge-biographer/) and [Powerlineblog.com](http://www.powerlineblog.com/archives/2011/06/a-word-from-adam-bellow.php). Her outlook on Mitt Romney’s presidential bid was featured on [Bloomberg TV](http://www.bloomberg.com/news/2011-06-04/paul-on-debt-ceiling-spending-political-capital-with-al-hunt.html).

**[Kathimerini](http://news.kathimerini.gr/4dcgi/_w_articles_economy_2_26/06/2011_447167) ([English translation](http://www.stern.nyu.edu/networks/Reforms_or_Bankruptcy_06262011.html))**: “Reforms or Bankruptcy?”
June 26, 2011

A letter signed by Professors **Nicholas Economides** and **Vasiliki Skreta** on the importance of Greece implementing structural economic reforms was featured. Professor Economides commented on the financial problems in Greece in the [*New York Post*](http://www.nypost.com/p/news/business/greece_fire_l0WQnTf1iAqMWlOZkz2yCL).

**[Fortune](http://tech.fortune.cnn.com/2011/06/24/wall-street-is-back-in-silicon-valley-but-its-welcome-may-be-worn-out/)**: “Wall Street Is Back in Silicone Valley, but Its Welcome May Be Worn Out”
June 24, 2011

Professor **Christopher Dixon**’s comments on Silicon Valley’s “love-hate” relationship with Wall Street were featured.

**[The Wall Street Journal](http://online.wsj.com/article/SB10001424052702303714704576385863720618134.html?mod=googlenews_wsj)**: “Why the Old Jobs Aren’t Coming Back”
June 24, 2011

In an op-ed, Nobel Laureate Professor **Michael Spence** argued that the jobs problem in the US is structural, not cyclical, with additional pick-up on [*The American Spectator* blog](http://spectator.org/blog/2011/06/24/spence-on-jobs-stimulus-atms-e). In an op-ed for [Project-Syndicate.org](http://www.project-syndicate.org/commentary/spence24/English), he commented on global imbalances exposed by the recession, and the need for a global response, with additional pick-up on [ChinaDaily.com](http://www.chinadaily.com.cn/opinion/project/2011-06/16/content_12717122.htm) and [thestar.com](http://biz.thestar.com.my/news/story.asp?file=/2011/6/17/business/8915654&sec=business). He highlighted the divergence of economic and employment growth in the US in an op-ed for [*Foreign Affairs*](http://www.foreignaffairs.com/articles/67874/michael-spence/globalization-and-unemployment), and his comments on the same topic were featured on [CNBC](http://video.cnbc.com/gallery/?video=3000029108), [*Los Angeles Times*](http://www.latimes.com/news/custom/la-fi-0605-economy-fallout-20110605,0,3968919.story), [*The New York Times*](http://www.nytimes.com/2011/07/01/world/asia/01iht-letter01.html?_r=1), a [Reuters blog](http://blogs.reuters.com/chrystia-freeland/2011/07/01/winners-and-losers-in-the-apple-economy/), *The Washington Post* and three other outlets. He commented on Asia’s new economic growth model in an op-ed for [Project-Syndicate.org](http://www.project-syndicate.org/commentary/spence23/English), with additional pick-up on a [CNN.com blog](http://globalpublicsquare.blogs.cnn.com/2011/06/08/wednesday-cfr-org-roundup-hints-of-transition-in-yemen/) and three other outlets. He called for a careful selection process for the IMF’s next leader in an op-ed for the [*The Christian Science Monitor*](http://www.csmonitor.com/Commentary/Global-Viewpoint/2011/0601/IMF-s-next-leader-Don-t-rush-this-choice). He also gave his outlook on the US economy, the Eurozone crisis, emerging markets and monetary policy in comments that were picked up in [*Barron’s*](http://online.barrons.com/article/SB50001424053111904210704576357620437019428.html?mod=googlenews_barrons), [CFR.org](http://www.cfr.org/economics/reverse-us-economic-malaise/p25291), [CNBC](http://video.cnbc.com/gallery/?video=3000029671), [*Fortune*](http://finance.fortune.cnn.com/2011/06/02/why-its-time-to-silence-the-calls-for-higher-rates/), [*Newsweek*](http://www.newsweek.com/2011/06/05/interview-with-michael-spence.html), [*The Wall Street Journal*](http://online.wsj.com/article/BT-CO-20110602-710927.html) and five other outlets.

**[BBC](http://www.bbc.co.uk/news/business-13884383)**: “Yahoo Seeks Deal on Alibaba Obstacles”
June 22, 2011

In an exclusive interview, Professor **Joseph Foudy** discussed Yahoo!’s partial ownership of Chinese e-commerce site Alibaba.

**[The Wall Street Journal](http://online.wsj.com/article/SB10001424052702304887904576399641154337276.html)**: “Wall Street Law Firm Looks Ahead to Life After an Icon”
June 22, 2011

Emeritus Professor **William Starbuck** reflected on Martin Lipton’s characteristics and strategic goals.

**[Financial Times](http://www.ft.com/intl/cms/s/0/6e8f662a-9b26-11e0-a254-00144feabdc0.html#axzz1Pp9fgtX6)**: “Italy Will Fight Last Stand in Debt Crisis War”
June 20, 2011

In an op-ed, Professor **Edward Altman** argued that the final battle for the euro’s survival will take place in Italy, with additional pick-up on [efinancialnews.com](http://www.efinancialnews.com/story/2011-06-22/italy-cds-risk-greek-crisis?mod=sectionheadlines-TT-IB). His comments on Italy’s sovereign debt were featured on the [*Financial Times Alphaville* blog](http://ftalphaville.ft.com/blog/2011/06/06/585861/italy-will-be-eurozones-biggest-test-says-altman-z-score-creator/) and [Risk.net](http://www.risk.net/risk-magazine/news/2076126/italy-real-eurozone-endgame-credit-quant).

**[AFP](http://www.google.com/hostednews/afp/article/ALeqM5gYSgYC7Y6heueCsMu-Dc2-fC2b-w?docId=CNG.2815212460caf40cf199f85e8ffb446d.101)**: “Portugal Election Puts High-Speed Rail at Risk”
June 19, 2011

Professor **Luis Cabral** discussed the proposed rail project to link the capitals of Spain and Portugal, with additional pick-up on [France24.com](http://www.france24.com/en/20110619-portugal-election-puts-high-speed-rail-risk), [Gatar-Tribune.com](http://www.qatar-tribune.com/data/20110620/content.asp?section=europe1_3), [Straits Times](http://www.straitstimes.com/BreakingNews/World/Story/STIStory_681555.html) and Yahoo! News.

**[Marketplace Radio](http://marketplace.publicradio.org/display/web/2011/06/17/pm-tang-sales-skyrocket-to-1-billion-annually/)**: “Tang Sales Skyrocket to $1 Billion Annually”
June 17, 2011

Professor **Robert Salomon** commented on the recent increase in international sales of Tang, which he attributed to different marketing techniques in different countries.

**[The New York Times](http://www.nytimes.com/2011/06/19/movies/palm-springs-international-shortfest.html)**: “Big Movies Come in Short Packages”
June 17, 2011

Professor **Sharon Badal** commented on amateur filmmakers who do not identify themselves as filmmakers.

**[Reuters](http://www.reuters.com/article/2011/06/17/us-russia-forum-brics-idUSTRE75G41J20110617)**: “Goldman’s O’Neill Likes Russia, China, Banks”
June 17, 2011

Member of the NYU Stern Executive Board and Professor **Richard Bernstein** (MBA ’87) commented on emerging market risks, with additional pick-up on [CNNMoney.com](http://finance.fortune.cnn.com/2011/06/09/fusion-io-ipo/), a [*Financial Times* blog](http://blogs.ft.com/beyond-brics/2011/06/24/em-yield-curves-dont-panic/#axzz1QCqckhZo), [MSN.com](http://money.uk.msn.com/investing/reuters/articles.aspx?cp-documentid=158276219), [Yahoo! News UK](http://uk.news.yahoo.com/goldmans-jim-oneill-likes-russia-china-banks-155954491.html) and 12 other outlets. He compared the S&P 500 to the BRIC nations’ equity markets in [*Business Insider*](http://www.businessinsider.com/richard-bernstein-the-disconnect-continues-2011-6), [Financial Advisor Magazine](http://www.fa-mag.com/fa-news/7749-sap-500-beats-brics-for-3-plus-years-bernstein-says.html) and [Newsdrome.com](http://newsodrome.com/stock_news/richard-bernstein-explains-why-investors-are-way-too-bullish-on-the-brics-and-way-too-bearish-on-the-us-26374863). His comments on the strength of the US dollar, the potential for a US debt default, the potential reversal of weak economic numbers and the municipal bond market appeared on [Morningstar.com](http://news.morningstar.com/articlenet/article.aspx?id=383565) and [four](http://www.reuters.com/article/2011/06/08/municipals-whitney-idUSN0824432120110608) [pieces](http://www.reuters.com/article/2011/06/08/us-investment-summit-bernstein-idUSTRE7572YN20110608) [on](http://uk.reuters.com/article/2011/06/08/us-investment-summit-bernstein-default-idUKTRE75742P20110608) [Reuters](http://www.reuters.com/article/2011/06/09/us-investment-summit-qe-idUSTRE7586WM20110609).

**[The Wall Street Journal Japan](http://jp.wsj.com/US/Economy/node_251012)**: “Double-dip Potential of the US Economic Report”
June 17, 2011

Professor **Thomas Cooley** commented on the potential of a double-dip recession.

**[ChinaDaily.com](http://www.chinadaily.com.cn/usa/epaper/2011-06/16/content_12712189.htm)**: “Purchases of Treasuries Strong in April”
June 16, 2011

Professor **David Backus** commented on US debt, which he argued is less risky than European debt. His economic predictions were contrasted with Professor **Nouriel Roubini**’s in [*DAGENS NÆRINGSLIV*](http://web-docs.stern.nyu.edu/pa/backus_norwegian_celebrity.pdf).

**[The Economist](http://www.economist.com/node/18836248?story_id=18836248&fsrc=rss)**: “Brown-blooded Holdouts”
June 16, 2011

Professor **Roy Smith** commented on Wall Street’s move away from partnerships.

**[AdvisorOne.com](http://www.advisorone.com/article/bofa-report-companies-care-more-about-benefits-recessions-wake)**: “BofA Report: Companies Care More About Benefits in Recession’s Wake”
June 15, 2011

Professor **Susan Stehlik** commented on non-financial benefits that companies offer to talented employees.

**CNN** **Video**: “La Deuda Griega 02”
June 15, 2011

Professor **Luis Cabral** commented on Greece’s debt crisis. His comments on the leader of the Social Democrats Pedro Passos Coelho’s victory in Portugal were featured in [*The New York Times*](http://www.nytimes.com/2011/06/06/world/europe/06portugal.html?_r=1).

**[WNYC](http://www.wnyc.org/articles/wnyc-news/2011/jun/15/financial-411-did-feds-quantitative-easing-work/)**: “Financial 411: Did the Fed’s Quantitative Easing Work?”
June 15, 2011

Professor **Lawrence White** discussed the positive effects of the Fed’s quantitative easing program, with additional pick-up on [Marketplace Radio](http://marketplace.publicradio.org/display/web/2011/06/30/pm-fed-money-program-ends-at-what-cost/?refid=0). His comments on Fed Chairman Ben Bernanke’s speech on the economy were featured on [Bloomberg TV](http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahQXQJCyiXW4), a [*New York Times* blog](http://boss.blogs.nytimes.com/2011/06/13/this-week-in-small-business-repeal-the-tanning-tax/) and [*The Washington Post*](http://www.washingtonpost.com/business/white-says-bernanke-will-hope-for-the-best-on-economy/2011/06/07/AGbOPRLH_video.html). His comments on Fannie Mae and Freddie Mac’s unusual relationship with the US government were featured in the [*Lansing State Journal*](http://www.lansingstatejournal.com/article/20110623/NEWS01/106230331/Lawsuit-Fannie-Freddie-owe-Ingham-County-millions?odyssey=tab) and [Newsday](http://www.newsday.com/business/li-mortgage-lenders-not-seeing-slowdown-1.2954699). He also commented on Fitch Inc.’s recent ratings cuts of nine mortgage servicers in the [*American Banker*](http://www.americanbanker.com/issues/176_112/fitch-downgrades-nine-mortgage-servicers-1038784-1.html).

**[Financial Times](http://blogs.ft.com/the-a-list/2011/06/13/the-eurozone-heads-for-break-up/)**: “The Eurozone Heads for Break-up”
June 13, 2011

In an op-ed, which was featured in the [*Financial Times*](http://aboutus.ft.com/2011/06/13/financial-times-launches-a-list-new-ft-commentary-section-to-drive-global-debate/)’ new “A-list” section, Professor **Nouriel Roubini** predicted the Eurozone’s break-up, with additional pick-up in [Bloomberg](http://www.bloomberg.com/news/2011-06-18/greece-portugal-may-abandon-the-euro-roubini-tells-il-sole.html), [*Crain’s New York Business*](http://www.crainsnewyork.com/article/20110619/SUB/306199977), [*The Wall Street Journal*](http://online.wsj.com/article/BT-CO-20110613-704101.html) and 42 other outlets. In an op-ed on [Project-Syndicate.org](http://www.project-syndicate.org/commentary/roubini39/English), he analyzed the latest global economic data, pointing out risks of a double-dip recession, with additional pick-up on [Aljazeera.net](http://english.aljazeera.net/indepth/opinion/2011/06/2011621135734145477.html), [Slate.com](http://www.slate.com/id/2297402/) and three other outlets. His comments on the loss of competitiveness among Eurozone members were featured in the [*Financial Times*](http://www.ft.com/intl/cms/s/0/b3090d9e-97a0-11e0-9c37-00144feab49a.html#axzz1PS9oW3T2)*, a* [Forbes.com blog](http://blogs.forbes.com/econmatters/2011/06/07/saving-the-euro-and-the-european-union/), a [Reuters blog](http://blogs.reuters.com/great-debate-uk/2011/06/01/is-ireland-the-same-as-greece/), a [*TIME* blog](http://curiouscapitalist.blogs.time.com/2011/06/14/is-greece-the-next-lehman/) and 11 other outlets. His comments on the Fed’s plans for quantitative easing were featured on Associated Press, [ABC News](http://abcnews.go.com/Business/wireStory?id=13910578), [Bloomberg](http://www.bloomberg.com/news/2011-06-08/burbank-contrarian-saudi-bets-shows-why-oil-helps-return-23-6-.html), PBS and 54 other outlets. His prediction of a hard landing for China’s economy were featured on [Bloomberg](http://www.bloomberg.com/news/2011-06-26/china-stocks-priced-for-hard-landing-signal-2nd-half-rally-by-top-broker.html), three [CNBC](http://www.cnbc.com/id/43500355) pieces, [*The New York Times*](http://www.nytimes.com/2011/06/21/business/global/21inside.html?_r=1), two [Reuters](http://www.reuters.com/article/2011/06/23/uk-vidya-china-economy-hardlanding-idUSTRE75M1BH20110623) [pieces](http://www.reuters.com/article/2011/06/23/uk-china-economy-growth-idUSTRE75M1AU20110623) and 69 other outlets. His glum outlook on the global economy, including his prediction of a “perfect storm” of fiscal woes, was picked up in [eight](http://www.bloomberg.com/news/2011-06-13/u-s-stock-index-futures-little-changed-transatlantic-gains-bemis-drops.html) [Bloomberg](http://www.bloomberg.com/news/2011-06-13/asian-currencies-fall-led-by-ringgit-as-growth-concern-curbs-risk-taking.html) [pieces](http://www.bloomberg.com/news/2011-06-13/asian-stocks-decline-on-concern-global-recovery-is-slowing-toyota-drops.html), a [Forbes.com blog](http://blogs.forbes.com/robertlenzner/2011/06/16/the-bears-are-chasing-the-bulls-out-of-town/), [*The Washington Post*](http://www.washingtonpost.com/blogs/blogpost/post/nouriel-roubini-says-perfect-storm-may-threaten-global-economy/2011/06/14/AGWTLpUH_blog.html) and 89 other outlets. His comments on the recent fall in crude oil prices, potential candidates to head the IMF and the US benefits of a global economic slowdown were featured in [*The Atlantic*](http://www.theatlantic.com/business/archive/2011/06/why-a-global-economic-slowdown-could-benefit-the-us/240356/), [ABC](http://abclocal.go.com/wtvd/story?section=news/national_world&id=8186820)*,* two [Bloomberg](http://www.bloomberg.com/news/2011-06-14/india-inflation-accelerates-to-9-06-.html) [pieces](http://www.bloomberg.com/news/2011-06-14/india-nifty-stock-index-futures-decline-on-concern-inflation-accelerating.html) and 42 other outlets. He was highlighted for his economic predictions in the [*Financial Times*](http://www.ft.com/intl/cms/s/0/b9286100-92f2-11e0-9ba7-00144feab49a.html#axzz1Osla2uqY), [*Fortune*](http://finance.fortune.cnn.com/2011/06/08/it-might-be-time-to-talk-double-dip-recession/) and three other outlets, and was featured on [*Barron’s*](http://online.barrons.com/article/SB50001424053111903588204576369740402005746.html?mod=googlenews_barrons) as one of “Twenty tweeters to follow” for investment tips.

**[New York Post](http://www.nypost.com/p/news/business/nyc_silicon_park_VVwmpS7g4aUyi6P94ZzyNN)**: “NYC’s Silicon Park”
June 11, 2011

Professor **Lawrence Lenihan** commented on the clustering of NYC tech start-ups around certain neighborhoods, with additional pick-up on [MyFoxNY.com](http://www.myfoxny.com/dpps/news/nyc%27s-tech-corridor-out-to-rival-silicon-valley-dpgonc-km-20110612_13645624).

**[Fox Business](http://www.foxbusiness.com/markets/2011/06/09/do-recent-squabbles-signal-demise-opec/)**: “Do Recent Squabbles Signal the Demise of OPEC?”
June 10, 2011

Professor **Richard Sylla** compared OPEC’s recent squabbles to its long history of internal arguments.

**[Reuters](http://www.reuters.com/article/2011/06/10/us-usa-economy-imports-idUSTRE7592TN20110610)**: “Import Prices Rise for Eighth Straight Month”
June 10, 2011

Professor **Anthony Karydakis** attributed rising import prices to the rise in oil prices. His prediction of a prolonged slump in housing prices was featured on [Reuters](http://www.reuters.com/article/2011/06/13/us-usa-fed-qe-idUSTRE7594MT20110613) and *Chicago Tribune*. He also predicted the May employment data in [*Automated Trader*](http://www.automatedtrader.net/real-time-news/78808/us-outlooktsys-commerzbank-economist-anthony-says).

**Trends/Tendances**: “Why Do We Pay for the Crisis Greek – Countries of the Euro Area in Impasse”
June 9, 2011

Professor **Antonios Sangvinatsos** commented on the Greek debt crisis.

**[Forbes.com](http://blogs.forbes.com/ciocentral/2011/06/08/zapos-zappoz-or-zappos-why-typos-are-good-for-your-brand/)**: “Zapos, Zappoz or Zappos: Why Typos Are Good for Your Brand”
June 8, 2011

On the *CIO Central* blog, Professor **Panos Ipeirotis** said that online product reviews with good grammar can increase sales, with additional pick-up in [The Huffington Post](http://www.huffingtonpost.com/2011/06/08/craigslist-apartment-grammar_n_873324.html) and [Today.com](http://digitallife.today.com/_news/2011/06/10/6829429-craigslist-grammar-not-so-good-like).

**[livemint.com](http://www.livemint.com/2011/06/08202826/CDS-norms-a-significant-step.html?h=B)**: “CDS Norms: A Significant Step Forward”
June 8, 2011

In an op-ed, Professor **Viral Acharya** assessed India’s risk management standards for credit default swaps. In an exclusive interview with [VoxEU.org](http://www.voxeu.org/index.php?q=node/47475), he discussed capital requirements and the measurement of systemic risk. His comments on the impact of the Greek debt crisis on money market funds, the US debt problem and the need for increased household consumption and financial regulation were featured in [two](http://www.abc.net.au/lateline/business/items/201106/s3239283.htm) [pieces](http://www.abc.net.au/lateline/business/items/201106/s3238201.htm) on Australian Broadcasting Corporation, [*Fortune*](http://finance.fortune.cnn.com/2011/06/16/will-money-funds-spread-greek-tragedy/) and [TheMaker.com](http://www.themarker.com/markets/1.650489).

**[Xinhua News Agency](http://news.xinhuanet.com/english2010/indepth/2011-06/09/c_13918157.htm)**: “With Economy Still Fragile, Fed Faces Long Way to Exit”
June 8, 2011

Professor **Paul Wachtel** commented on the modest impact of the Fed’s quantitative easing program, with additional pick-up on Philippines News Agency.

**[Financial Times](http://www.ft.com/intl/cms/s/0/e1e31e64-9153-11e0-b1ea-00144feab49a.html#axzz1Ogv5abcT)**: “Lessons in Privacy from Sony’s Data Theft”
June 7, 2011

In an op-ed, Professors **Vasant Dhar** and **Arun Sundararajan** argued that Sony’s data breach was a “failure of management” more than it was a failure of technology, with additional pick-up on [QAS.com](http://www.qas.com/company/data-quality-news/data_management_not_a_game__7437.htm).

**[YouTube.com](http://www.youtube.com/watch?v=qGoGL461oco)**: “Vijay Vaitheeswaran on Intangibles”
June 3, 2011

Professor **Vijay Vaitheeswaran** talked about the drivers of innovation in a twenty-first century economy.

**[Daily Mail](http://www.dailymail.co.uk/femail/article-1393176/Katherine-Middleton-shifts-clothes-faster-Michelle-Obama.html)**: “The Duchess Factor: How Catherine Now Shifts Clothes Faster Than Fashion’s ‘$3 billion woman’ Michelle Obama”
June 2, 2011

Professor **David Yermack**’s comments on Michelle Obama’s fashion influence were featured, with additional pick-up in the *Daily Telegraph*.

**[Crain’s New York Business](http://www.crainsnewyork.com/gallery/20110528/SMALLBIZ/529009999/2http:/www.crainsnewyork.com/gallery/20110528/SMALLBIZ/529009999/2)**: “Top Entrepreneurs 2011”
June 2011

Professor **Jeffrey Carr** praised Squarespace for the mass appeal of its online publishing software.

NOTE: Due to subscription policies, not all articles cited could be included with a link to the full article.