# Prof. Kim Schoenholtz's blog post on asset managers and systemic risk is cited

1 Faculty News July 16, 2014 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://dealbook.nytimes.com/2014/07/16/focus-on-asset-managers-highlights-bad-behavior-by-s-e-c/) -- "As Steve G. Cecchetti and [Kermit L. Schoenholtz](http://www.stern.nyu.edu/faculty/bio/kim-schoenholtz), economists who write the Money and Banking blog, point out, if regulators managed to address the systemic risks posed by the activities and products that asset managers offer, then the risks posed by the companies themselves would be sharply diminished, if not eliminated."

[Read more](http://dealbook.nytimes.com/2014/07/16/focus-on-asset-managers-highlights-bad-behavior-by-s-e-c/)