Category Archives: Uncategorized

Lawrence White Op-Ed: Stop Mandating Reliance on Ratings

The following is an Op-Ed written by Lawrence White, NYU Stern Professor of Economics published online on the New York Times Opinion Pages.

The Justice Department’s suit against Standard & Poor’s is a fresh reminder of the large … Continue reading

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Complimentary Webinar: The Importance of Due Diligence for Institutional Fund Investors

Join NYU Stern Professor Stephen Brown, the David S. Loeb Professorship in Finance, for a webinar discussion on operational due diligence.

Basel II defines operational risk as the risk of direct or indirect loss resulting from inadequate or failed internal … Continue reading

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Professor Damodaran Analyzes Facebook’s Valuation

NYU Stern Professor of Finance Aswath Damodaran addresses Facebook’s valuation on Reuters. He states that his top three concerns for the company’s stock price are uncertainty and risk, corporate governance and the exit of professional investors.

Originally published on … Continue reading

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Taking the L-I-E Out of Libor

In a new Bloomberg op-ed, NYU Stern Economists Kim Schoenholtz and Lawrence White address the Libor scandal and propose an alternative way to calculate the rate.

Excerpt from Bloomberg:

The recent revelations by Barclays Plc (BARC) probably spell doom for the London interbank … Continue reading

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Nouriel Roubini Addresses the Global Economy on Reuters

Professor Nouriel Roubini discusses the future of the Eurozone and the global economy in depth on Reuters.

Originally published on July 25, 2012

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Professor Roy Smith Addresses the LIBOR Scandal

Professor Roy Smith is quoted in Bloomberg over the LIBOR scandal. In “Feeding Frenzy  Seen if Wall Street Sues Itself over LIBOR,” Professor Smith projects that it would be  difficult for banks to calculate exact losses from the interest rate … Continue reading

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How Did the Original J.P. Morgan Do It?

Professor Thomas Philippon’s research is highlighted in a new Bloomberg Businessweek article. His research suggests that despite substantial innovations in finance since the 1900s, only limited evidence exists to support the theory that market prices are more efficient today. He … Continue reading

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Why Boring is Best

The research of NYU Stern Professor Lasse Pedersen and Andrea Frazzini of AQR is highlighted in a new Financial Times article. In “Why Boring is Best,” the genius of Warren Buffet’s stock picking style is attributed to his investment in … Continue reading

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Flexibility is Key for Currency Fund Managers

The Financial Times highlights an academic paper by Professor Richard Levich of NYU Stern and his co-author Momtchil Pojarliev, a senior portfolio manager at Hathersage. They analyze currency trading styles and determine that the most dominant strategies are not always … Continue reading

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Wealthy Investors Stick To Hedge Funds Even With 3.4% Returns

Professor Stephen Brown says wealthy investors who can afford to are more likely to put  money directly in hedge funds instead of going through fund of funds since some fund of funds were tainted by scandal related to Bernard L. … Continue reading

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