Monthly Archives: April 2011

Recording of the Webinar:”BP’s Failure to Debias: Underscoring the Importance of Behavioral Corporate Finance”

Professor Hersh Shefrin discussed 4×4 culture analysis using BP as a vehicle. He discussed the application of business processes and psychological pitfalls to analyze corporate culture, especially in respect to risk management.  Listen to the recording here View slides here 

Posted in Uncategorized | Leave a comment

Bankruptcy Scores: 20 Risky Retailers

Professor Edward Altman’s Z-score was used to identify 20 risky retailers. Bankruptcies in the retail sector are still a very disconcerting prospect. In less than a year, we have witnessed the fall of two behemoths: Blockbuster (BLOAQ.PK) and Borders, an … Continue reading

Posted in Uncategorized | Leave a comment

‘Guaranteed to Fail’ is named a ‘Top Business Book’

“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 and Freddie Mac got so big and why we … Continue reading

Posted in Uncategorized | 1 Comment

Revisiting the Financial Crisis

Professor Eric Dinallo, Debevoise & Plimpton partner, and former New York superintendent of insurance, discusses whether the government handled the AIG part of the financial crisis.   Watch video

Posted in Uncategorized | Leave a comment

Would Legislation Prevent Another Financial Crisis?

The FDIC says the Dodd-Frank Act would have allowed Lehman Brothers to wind down and sell its assets without government assistance. Would such legislation prevent another financial crisis from happening? Professor Thomas Cooley discusses. Watch video

Posted in Uncategorized | Leave a comment

The Wall Street Leviathan

by Jeff Madrick Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance edited by Viral V. Acharya, Thomas F. Cooley, Matthew P. Richardson, and Ingo Walter Wiley, 573 pp., $49.95 One refreshing sign of hope for … Continue reading

Posted in Uncategorized | Leave a comment

International Forum Interview: Dr. Viral V. Acharya

IA-Forum: Your book, Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance, provides a detailed analysis of the Act by you and your economic colleagues. What is your overall assessment of the Bill? Dr. Acharya: The … Continue reading

Posted in Uncategorized | Leave a comment

A tale of Fannie, Freddie and failure

The latest book by NYU Stern professors is reviewed. The authors of “Guaranteed to Fail,” all professors, weave together historical facts, dive deeply into the economic dynamics and motivations of all entities and players involved in our national mortgage markets, … Continue reading

Posted in Uncategorized | Leave a comment

Are forex derivatives different from a regulation perspective?

Professor Viral Acharya says it may not be entirely accurate to say that forex derivatives won’t ever cause systemic risk. In the coming weeks, the US treasury secretary Timothy Geithner will decide if foreign exchange derivatives should also be subject to increased regulations, … Continue reading

Posted in Uncategorized | 1 Comment

Reputational Risk

Professor Ingo Walter The global financial crisis of 2007-2009 was associated with an unprecedented degree of financial and economic damage. For investors and financial intermediaries, the estimates seem to have risen to over $4 trillion or so worldwide by the … Continue reading

Posted in Uncategorized | Leave a comment