# Prof. Edward Altman is interviewed about his Z-score research

1 Faculty News September 4, 2013 ![](/sites/default/files/styles/246w/public/assets/images/con_030834.jpg?itok=_9q-TMTY)>

Excerpt from [Treasury & Risk](http://www.treasuryandrisk.com/2013/09/04/know-thy-banking-partners) -- “'It’s my experience that failure prediction models have done fairly poorly when it comes to financial institutions,' [Altman](http://www.stern.nyu.edu/faculty/bio/edward-altman) said. 'It always seems that the latest banking crisis is caused by something fairly unique to the current situation and not necessarily correlated with prior bank crises.'”

[Read more](http://www.treasuryandrisk.com/2013/09/04/know-thy-banking-partners)