Monthly Archives: June 2011

Professor Viral Acharya on CDS regulation in India. The Reserve Bank of India (RBI) has recently released guidelines for trading in credit default swaps (CDS) on corporate bonds. Such “single-name” CDS contracts have become an important part of credit markets … Continue reading →

Professor Viral Acharya comments on how Greece’s economic problems will affect money market funds. The odds say no, thanks to official support for Greece and the European banks that look most apt to suffer in a default. Yet it’s clear … Continue reading →

Professor Edward Altman says overall credit risk metric places Italy among the riskiest private corporate sectors. For more than two years, we have witnessed the economic demise of certain European countries. This soon led to the financial community systematically assessing … Continue reading →

This event features Professor Viral Acharya’s presentation on the housing finance reform. Motivated from economic theory, Viral argues that a sustainable mortgage finance system should be primarily private in nature; the credit risk underlying the mortgages should be born by … Continue reading →

The Z-Score, developed by Prof. Edward Altman as a tool for determining a company’s risk of bankruptcy, is featured. Small-cap stocks have enjoyed a tremendous rally since the March 2009 low, although the recent losing streak for equity markets has … Continue reading →

Professor Viral Acharya is named one of the 100 most influential people in finance. HEAVY HITTERS VIRAL ACHARYA, PROFESSOR OF FINANCE, NEW YORK UNIVERSITY’S STERN SCHOOLAs central banks focus more on the financial sector’s stability, Acharya and a group of … Continue reading →

In the course of its research and investigation, the Financial Crisis Inquiry Commission interviewed more than 700 witnesses. Two of NYU faculty members were interviewed. Listen to Professor Viral Acharya’s interview. Listen to Professor Nouriel Roubini’s interview. Read Commission’s report.

Professor Michael Pinedo Over the past two decades, research in service operations has gained a significant amount of attention. Special issues of Production and Operations Management have focused on services in general (Apte et al. 2008), and various researchers have … Continue reading →

Professor Edward Altman comments on Italy’s sovereign debt As Risk reports, Edward Altman, senior advisor to Classis Capital and creator of the Altman Z-scores used to predict corporate bankruptcies, made an interesting (sovereign) point on Friday. The future of the eurozone … Continue reading →