6ABC -October 6th, 2008LeBow College professor Eric Benrud spoke to 6ABC about the current financial crisis.
read more>>Middle East Economic Survey-October 6th, 2008Who should get bailed out? Who should not? In the piecemeal approach that the government followed prior to the comprehensive $700bn rescue plan, the chance for an ailing institution to be bailed out in this financial crisis depends on several factors including size, connectedness and sophistication of investors. If you have the size, like Bear Stearns, Fannie Mae, or Freddie Mac, then you will get support from the government to dodge the crisis. What if you are the fourth largest investment bank (ie, Lehman Brothers)? You will be let go to bankruptcy! But if you are Merrill Lynch, you will be rushed to fire-sell yourself to a very large commercial bank.
read more>>Philadelphia Business Journal -October 3rd, 2008“If this thing is not fixed soon, the corporate sector will not have enough credit lubrication in its economic machine to do new investments, to do short-term financing of inventories,” said George Tsetsekos, the dean of
Drexel University’s LeBow College of Business.
read more>>Philadelphia Business Journal -September 26th, 2008“The relationship between the business community and any good business school is a symbiotic one,” said George Tsetsekos, the dean of Drexel University’s LeBow College of Business. “It’s upon us, the business schools and the educational establishments, to develop the future business leaders that not only fit the bill for a particular company, but also … have been educated in future great skills and themes that will be useful to companies,” Tsetsekos said.
read more>>Philadelphia Business Journal -September 26th, 2008More than 40 MBA students from Drexel University’s LeBow College of Business are expected to join businesses on a trade mission to Hong Kong and Malaysia in what the World Trade Center of Greater Philadelphia (WTCGP) is touting as a first-of-it-kind program. Up until now, the WTCGP has focused on helping businesses break into foreign markets and LeBow College on preparing students to work in them. The two pursuits will combine for the first time during the trade mission, which takes place during the school’s spring break March 14-27 and will include two faculty members and two WTCGP employees. The goal is to link the students with at least 15 businesses looking to enter the markets.
read more>>Philadelphia Business Journal-September 26th, 2008"One measure of the worth of an MBA program is the opportunities it provides for students to interact with the top executives and experience situations outside the classroom that tests the students' capacity to lead. Below are some of the more experiential MBA program components offered through local universities." "Drexel University, LeBow College of Business" "Internships: Students have an opportunity to gain experience as a result of Drexel's relationships in the business community." "International Residencies: Overseas trips are integrated into the MBA curriculumn to enable students to learn about doing business internationally"
read more>>Philadelphia Business Journal -September 26th, 2008"At Drexel University, belief in the value of experiential learning is so strong that starting this fall it comprises 70 percent of the MBA program, up from 50 percent previously. Students are required to participate in the hands-on activities; it is not optional."... "'Experience is embedded in the culture at Drexel,' said George Tsetsekos, dean of Drexel's LeBow College of Business. 'Just to have sterile discussions in the classroom is not enough.'"
read more>>6 ABC-September 25th, 2008LeBow College of Business Dean George Tsetsetkos speaks to 6 ABC about the financial bailout plan.
read more>>Philadelphia Daily News-September 23rd, 2008CN8's
Mary Caraccioli received an alumni community-service award from Drexel University for helping to raise more than $1 million for Arthur Ashe Youth Tennis & Education as co-chair of its annual benefit. Caraccioli, who graduated from Drexel's MBA program, was presented the award by Drexel prez
Constantine Papadakis and LeBow College of Business Dean
George Tsetsekos during a ceremony at Papadakis' home.
read more>>Philadelphia Inquirer-September 21st, 2008Though ethics will likely get a more thorough going-over in the classroom now, the practices of employers will continue to have a bigger influence on behavior, said Edward Nelling, finance professor at Drexel University's LeBow College of Business.
"If there is a lesson to be learned, it's ultimately for the leaders, the executives and directors of companies to establish a culture that does not reward unethical behavior," Nelling said.
"Part of the problem now is reward systems were set up for people just based on the volume of business - 'Let's get these loans written and approved. We're not going to worry so much about the underlying risk.' "
Better behavior, he said, "has to start at the top and work its way down the organization."
read more>>KCRA.com-September 17th, 2008Drexel University, which was originally founded in Philadelphia, will start offering classes in January near Sacramento's Capitol Mall.
"When the economy is turning down, a lot of professionals go back to business school, especially, to be re-tooled (and) to receive new skills," said George Tsetsekos, Dean of the Drexel Business School.
read more>>Wall Street Journal -September 16th, 2008AnnTaylor has fallen into the classic mistake of reducing costs on the backs of front-line employees and cutting customer service. Retailers like Circuit City and Home Depot have learned this lesson the hard way. Managing employees like a just-in-time delivery system will only lead to lower customer satisfaction, customer defection and declining profitability
read more>>Marketwatch.com-September 11th, 2008 Drexel University's LeBow College of Business ( http://www.lebow.drexel.edu) has solidified its status as one of the nation's top 10 schools for entrepreneurs in the 6th Annual Entrepreneur and The Princeton Review rankings of more than 2,300 graduate and undergraduate entrepreneurship programs, released today. LeBow College of Business placed third for undergraduate programs and eighth for graduate programs, making it the top choice for entrepreneurial programs in the Greater Philadelphia region.
read more>>New York Times -September 5th, 2008Over the past 10 years, Hybrid X has fielded an interesting group of vehicles, from the 50-m.p.g. K1 Attack (a turbodiesel hybrid based on a kit car) to a 37-m.p.g. propane-based Jeep Wrangler hybrid (later rebodied as the Hybrid Hippo). For Ford’s Model T Challenge, the team built what some called the Green Machine, a three-wheel battery-electric with an original chassis put together with the help of two Drexel University students versed in computer-aided design.
read more>>Philadelphia Inquirer-September 3rd, 2008They are the trauma team of the business world. Their job: Stop the bleeding before the patient dies - or the bank calls your loan. And if your boss doesn't have the chops to rescue your troubled company, they may just recommend a new one. They are turnaround specialists. Hired guns such as Brian F. Gleason. And they swoop into struggling companies to manage them out of crisis and keep them running.
read more>>Philadelphia Inquirer-September 3rd, 2008They are the trauma team of the business world. Their job: Stop the bleeding before the patient dies - or the bank calls your loan. And if your boss doesn't have the chops to rescue your troubled company, they may just recommend a new one. They are turnaround specialists. Hired guns such as Brian F. Gleason. And they swoop into struggling companies to manage them out of crisis and keep them running.
read more>>Dow Jones News Plus-September 2nd, 2008Digging into the processes and the trends that have developed during this run-up in commodity prices, you can find one area that is a clear lagging subject to higher inputs. That area is the other portion of input costs, capital equipment and IT spending.A s the leash on producers' necks starts to loosen, they will find themselves able to fund those delayed and abandoned projects and end-of-cycle replacements that are needed but have been impractical during this cycle. I would look for companies that have been hurt by lower capital spending and weak consumer spending to rebound fairly well, but a little after the first sprint of front-line commodity users.
read more>>Epoch Times-September 1st, 2008Xie Tian, professor of the College of Business Administration at Drexel University in Philadelphia, believes the problem lies within China’s residential registration system, where the rural population is discriminated against, “In China, one is registered as a rural or urban resident depending on where one was born. But this registration system does not allow the relocation of the work force. By discarding this system, it will naturally remove the difference between rural and urban areas. If people who makes less money in rural villages can go to the cities, this gradual process will reduce the rural-urban gap.”
read more>>Philadelphia Inquirer-August 12th, 2008Drexel University's LeBow College of Business worked with its English department to bring more writing instruction into the business school and has started sending out examples of student work to alums in the working world for critique.
While there is a sense in the business world that obtuse language impresses people (yes, we know this is true in other fields, too), students should know that clear writing is a sign of good thinking, said Frank Linnehan, LeBow's associate dean of undergraduate and graduate studies.
"Being able to describe a complex concept clearly and succinctly is really an indication of how well you know that subject," he said.
Some of the most puffed up, buzzword-laden writing is, of course, meant to dress up unremarkable ideas. It survives because of what Linnehan calls "emperor's-new-clothes syndrome."
read more>>Business Wire -July 24th, 2008Morphotek, Inc., a subsidiary of Eisai Corporation of North America, has announced that Rodney Dausch, vce president and Chief Financial Officer, received the
Philadelphia Business Journal/
Drexel University's LeBow College of Business Small Company CFO of the Year Award.
read more>>KYW Newsradio-July 22nd, 2008Dr. Rolph Anderson of Drexel University's LeBow School of Business (right), says online shopping has been going up double digits every year for the last several years. And he says the price of gas is giving that a boost: "A logical move for a lot of people who want to save money, you don't go out and visit all these stores and malls, you just stay home and you can be an even more effective shopper."
read more>>Philadelphia Inquirer-July 20th, 2008U.S. auto executives failed to lead their companies out of danger, said
V.K. Narayanan, a Drexel University business professor for strategy and entrepreneurship. "I will not condone the lack of cars. It's not like we don't have the know-how. We have the know-how. What we have not seen is reasonable leadership coming from the domestic auto industry," he said. It would be a mistake, he said, if the United States lost its domestic auto industry, which supports hundreds of thousands of jobs and engineering innovation. "GM should transform itself," Narayanan said. "I'm hoping it will happen. It's not a strategy. It's a hope."
read more>>Philadelphia Inquirer-July 17th, 2008Dr. Michael Gombola, head of LeBow College's finance department, commented on the proposed acquisition of Rohm & Haas Co. by Dow Chemical: "I wouldn't be too surprised if Dow [gives] Rohm & Haas a long leash," Gombola said. "Specialty companies tend to be more high-tech, a little less bureaucratic, more entrepreneurial and open. I don't think Dow wants them to be less high-tech and more like smokestack company. I think they will want them to stay innovative."
read more>>Knowledge@Wharton-June 25th, 2008The contracts underlying the securities allowed investors to shift some responsibility back to individual institutions threatening them with insolvency, according to
Joseph Mason, professor of finance at Drexel University's LeBow College of Business. What's interesting about this world and interesting about the business world in general is that contracts are made to be amended, if not broken," he said. "This was part of what investors were counting on....We're nowhere near the end here. We just have this lull. Some might call it a dead-cat bounce. I would say it's still the same cat."
read more>>New York Daily News -June 22nd, 2008Professors
Jie Cai of Drexel University and Todd Houge of the University of Iowa have written an interesting paper showing stocks taken out of the index significantly outperform those put into the index. In other words, investors would do better if they ignored all of the changes.
read more>>Philadelphia Inquirer -June 16th, 2008Not only did CN8's
Mary Caraccioli graduate from Drexel's LeBow College of Business on Saturday, she scored an interview with commencement speaker
Carl Icahn, the billionaire corporate raider involved in the Yahoo/Microsoft discussions. It will be on CN8's
Money Matters Today at 11 tonight.
read more>>Associated Press-June 16th, 2008Billionaire financier Carl Icahn said he no longer has to watch "Saturday Night Live" if he wants a good laugh — he just has to go to a company board meeting."Sooner or later, we're all going to be run by morons," he said to applause during his commencement address at Drexel University on Saturday.
read more>>Bucks County Courier Times -June 16th, 2008Technology makes it easier and more efficient for large institutional investors like mutual funds to make options trades.“The key word is liquidity,” said
Ed Nelling, an associate professor of finance at Drexel University's LeBow College of Business. “The purpose of this new [technology] is it's designed to allow these large investors, when they have big trades, to set a price that will be a reasonable price for them.”
read more>>Philadelphia Inquirer -June 15th, 2008Carl C. Icahn was at Drexel University yesterday for a rare public address, standing before hundreds of LeBow College of Business graduates at their commencement.Icahn has won some praise for fighting for shareholders' interests in a climate that has turned more critical of corporate management. In keeping with his rhetoric over the years, his message to students yesterday contained no small amount of reverence for himself - though cloaked in some joking self-deprecation - and disdain for corporate America.
read more>>Philadelphia Inquirer-June 14th, 2008Constantine Papadakis bestowed a bachelor's degree on his only child during Drexel's commencement ceremony on Saturday. Papadakis' daughter, Maria, graduated from Drexel's LeBow College of Business.
read more>>Philadelphia Inquirer -June 12th, 2008Mary Caraccioli, who hosts CN8's
Money Matters Today, will get an MBA (one she studied for) from Drexel's LeBow College of Business.
read more>>Philadelphia Inquirer-June 12th, 2008 Also Saturday,
Mary Caraccioli, who hosts CN8's
Money Matters Today, will get an MBA (one she studied for) from Drexel's LeBow College of Business.
read more>>Philadelphia Inquirer -June 10th, 2008John J. Clark, 83, formerly of Brigantine, N.J., a retired professor of economics and dean at Drexel University, died of pneumonia Saturday at White Horse Village in Newtown Square.
read more>>The New York Times-June 1st, 2008The study, "The Long-Term Impact from Russell 2000 Rebalancing," has been accepted for publication by the Financial Analysts Journal. Its authors are two assistant professors of finance,
Jie Cai of
Drexel University, and Todd Houge of the University of Iowa.[syndicated in the
Tuscaloosa News (Ala.),
Times Daily (Florence, Ala.),
Gadsden Times (Ala.) and other publications]
read more>>New York Times -June 1st, 2008The study, “The Long-Term Impact from Russell 2000 Rebalancing,” has been accepted for publication by the Financial Analysts Journal. Its authors are two assistant professors of finance, Jie Cai of Drexel University, and Todd Houge of the University of Iowa.
read more>>OpEdNews.com-May 30th, 2008 The Economic crisis is ruining people's lives, the media has failed to tell the full story, explains Danny Schechter, whose investigation corroborates that of
Joseph Mason, an associate professor of finance at Drexel University's LeBow College of Business, who sees more bank failures ahead:
"At this point in the crisis, you can't stop bank failures... You move through the problem. You don't avoid the problem. It's too late to wait and hope that things get better." read more>>U.S. Banker-May 29th, 2008LeBow College of Business is noted in a story published in
U.S. Banker's June 2008 issue for requiring freshmen to enroll in the financial education workshop Citi Credit Ed.
read more>>KYW-AM (1060) -May 26th, 2008KYW-AM (1060) broadcast a story May 26, 2008, about
Maria Papadakis, daughter of
President Papadakis, and her work with
LeBow College of Business students in developing a marketing campaign as part of the Subaru Impreza Collegiate Challenge.
read more>>American Banker-May 20th, 2008Dr. Joseph Mason, associate professor of finance, is quoted in an
American Banker story published May 20, 2008, about the U.S. financial crisis.
read more>>Bloomberg-May 19th, 2008Dr. Joseph Mason, associate professor of finance, commented on Bloomberg's "The First Word" on May 20, 2008, on the U.S. financial crisis. Dr. Mason also provided commentary on "In Focus" and "On the Economy" on May 19.
read more>>Philadelphia Business Journal -May 16th, 2008Drexel is noted in a
Philadelphia Business Journal story published May 16, 2008, about
LeBow College of Business students' development of a marketing campaign for a vehicle as part of the Subaru Impreza Collegiate Challenge.
read more>>Canada.com-May 13th, 2008The findings of Concordia professor Mrugank Thakor, who worked with Concordia graduate student Katayoun Saleh and marketing professor
Rajneesh Suri of Philadelphia's
Drexel University, are published in the forthcoming edition of the Journal of Retailing.
read more>>MainLineLife.com-May 13th, 2008"When their print ads hit Internet and news outlets, I received calls from people asking if those were Subaru's new campaign ads, and even dealerships asked to be involved," said Professor
Dana D'Angelo, who oversaw the project.
read more>>MainLineLife.com-May 13th, 2008A
Main Line Life story features
Maria Papadakis, daughter of
President Papadakis, and her work with LeBow College of Business students' in developing a marketing campaign for a vehicle as part of the Subaru Impreza Collegiate Challenge.
read more>>Philadelphia Inquirer-May 10th, 2008"They want to influence the price of oil using psychology," said
Shawkat Hammoudeh, a professor of economics at
Drexel University.
read more>>The Gazette-May 9th, 2008The findings of Concordia professor Mrugank Thakor, who worked with Concordia graduate student Katayoun Saleh and marketing professor
Rajneesh Suri of Philadelphia's
Drexel University, are published in the forthcoming edition of the Journal of Retailing.
read more>>The Hellenic News-May 9th, 2008Of singular significance during the course of the 17th Annual Hermes Expo was its Educational Symposium held on Friday, April 11th, featuring as its keynote speaker, the dean of
Drexel University Lebow College of Business,
George Tsetsekos who expanded on the subject of business enterprise in relation to the school he heads.
read more>>Bloomberg’s “On the Economy”-May 8th, 2008Dr. Joseph Mason, associate professor of finance, commented on Bloomberg's "On the Economy" on May 8, 2008, on a lawsuit against State Street tied to the subprime mortgage market.
read more>>Reuters.com-May 7th, 2008 "It's an indicator of a major change at Moody's, and a major retrenchment from structured finance," said
Joseph Mason, an associate professor of finance at
Drexel University in Philadelphia, who has studied the industry.
read more>>phillyBurbs.com-May 3rd, 2008Drexel University's LeBow College of Business recently interviewed 17 area business leaders about the challenges they face as part of a study entitled The CEO Agenda.
"To hear from top-level CEOs about their views on what the important issues in business are was an excellent opportunity," said Drexel marketing professor Bert Rosenbloom. "They offer unbelievable insights into what's really happening in business today.
read more>>Philadelphia Inquirer-May 1st, 2008 Erica Hession, a
Drexel University junior majoring in entrepreneurship, was asked what she would do if she was running her own business. "If I owned an auto dealership, I would offer incentives to promote hybrid cars that use less gasoline, which would get other rebates" and further stimulate the economy, Hession said.
read more>>News Gleaner -April 30th, 2008Izabela Adasiewicz and
Santoshi Parab, undergraduates majoring in business administration, are quoted in a
News Gleaner (Northeast Philadelphia) story published April 30, 2008, about LeBow College of Business students' trip to Chilé to learn about international trade.
read more>>MoneyMorning.com-April 28th, 2008Drexel is noted on MoneyMorning.com and MarketOracle.com in articles about remarks made by Philadelphia Federal Reserve President Charles Plosser on interest rates during a conference co-sponsored by
Lebow College of Business and held at the University.
read more>>-April 27th, 2008LeBow College of Business student
Eric Meyers was quoted in a story April 27, 2008, on the Trading Markets Web site about the job market and careers for college students.
read more>>New York Times-April 25th, 2008"Everyone assumed the credit agencies knew what they were doing," says
Joseph Mason, a credit expert at
Drexel University. "A structural engineer can predict what load a steel support will bear; in financial engineering we can't predict as well."
read more>>KYW1060-AM -April 25th, 2008Dr. Shawkat Hammoudeh, professor of economics, was featured in a segment broadcast on KYW1060-AM April 25, 2008, about retail stores offering discounts to customers who exchange their tax rebate checks for store gift cards.
read more>>ABC-April 24th, 2008Dr. Vibhas Madan, head of the Department of Economics and International Business, commented on the price of rice on WPVI-TV (ABC-6) on April 24, 2008.
read more>>New York Times-April 18th, 2008“Everybody needs capital because everybody needs to report losses,” said
Joseph Mason, a finance professor at
Drexel University in Philadelphia. “The good news is that they can.”
read more>>Pittsburgh Post-Gazette-April 18th, 2008A working paper by Columbia University Professor Gur Huberman, Ph.D., and
Daniel Dorn, Ph.D., of Philadelphia's
Drexel University, reported that risk-averse investors bought mutual funds more often than individual stocks. When they chose stocks, they generally purchased stocks with low volatility.
read more>>www.reuters.com-April 18th, 2008 Plosser, speaking at
Drexel University's LeBow College of Business, warned against seeing rate cuts as "the solution to most, if not all, economic ills."
read more>>www.guardian.co.uk/-April 18th, 2008 His remarks were in a prepared speech to a conference sponsored by The Global Interdependence Center and
Drexel University's LeBow College of Business in Philadelphia.
read more>>www.actionforex.com-April 18th, 2008During a speech at
Drexel's LeBow College of Business, Philadelphia Fed President Charles Plosser suggested that the fed funds rate may be low enough to support expansion as he said, "on the monetary policy front, the Fed's response to the deterioration of the economic outlook and the turmoil in financial markets has resulted in an accommodative level of real interest rates that should support the market forces that will bring economic growth back toward its long-term trend."
read more>>CityBizList.com-April 17th, 2008Competing teams were drawn from six leading Philadelphia business schools:
Drexel University's LeBow College of Business; La Salle University School of Business; Penn State University's Smeal College of Business; Temple University's Fox School of Business; University of Pennsylvania's Wharton School; and Villanova University School of Business.
read more>>The Wall Street Journal-April 13th, 2008"In pushing homeownership over the past decade, social policies pushed the misuse of mortgage credit," says
Joseph Mason, an economist at
Drexel University.
read more>>6 ABC-April 12th, 2008The Community Alumni Network at Drexel University (CAN DU) invited alumni, students and friends to celebrate Earth Day 2008, among those were LeBow College of Business.
read more>>CNNMoney.com-April 10th, 2008The risk is that the array of government responses will distort true prices of securities, delaying a market recovery, says
Joseph Mason, finance professor at
Drexel University.
read more>>Tampa Tribune -April 7th, 2008Ralph A. Walking, executive director of the Center for Corporate Governance at
Drexel University. He'll talk about increased shareholder access to proxy statements
read more>>Palm Beach Daily News -April 6th, 2008"...
Daniel Dorn, Ph.D., of Philadelphia's
Drexel University, suggests that risk-averse investors rarely embrace diversification. This, despite the fact those investors in particular are trying to avoid the roller coaster ride of Wall Street."
read more>>Bloomberg’s “In Focus”-April 2nd, 2008Dr. Joseph Mason, associate professor of finance, commented on the U.S. financial crisis on
Bloomberg's "In Focus" on April 2, 2008.
read more>>CNNMoney.com-March 31st, 2008"This is an information crisis," says
Joseph Mason, a finance professor at
Drexel University in Philadelphia and a former economist at the Office of the Comptroller of the Currency. He says the market's fearful contortions "aren't going to stop till we get the information" about which institutions are facing more losses.
read more>>Marketwatch.com-March 29th, 2008"These [Treasury] proposals address regulatory problems that may be generally necessary, but none of the suggestions provide ways of dealing with the crisis and economic roots of the crisis," said
Joseph Mason, a finance professor at
Drexel University.
read more>>globeandmail.com-March 18th, 2008"They were the most exposed of all the investment banks," said
Joseph Mason, a finance professor at
Drexel University. When weakening U.S. housing prices and the onerous terms of subprime mortgages began to trigger foreclosures, the damage was swift to investments linked to the risky loans.
[Syndicated Report on GlobeInvestor.com]
read more>>CNNMoney.com-March 17th, 2008Joseph Mason, a finance professor at
Drexel University, had little sympathy for Bear Stearns' problems."Once an institution is insolvent, the only responsible thing to do is to unwind it in an orderly fashion," Mason said. "It's not a business enterprise worth saving."
read more>>WSJ.com-March 17th, 2008Joseph Mason, an economist at
Drexel University who has studied bailouts, weighs in on the moral hazard problem created by the Federal Reserve's intervention (in the name of market stability) to prop up Bear Stearns on Friday and the Fed's $30 billion loan to support J.P. Morgan Chase's purchase of the firm.
read more>>CNNMoney.com-March 17th, 2008What happened was we figured out the whole scheme wasn't working the right way," said
George Tsetsekos, dean of the LeBow College of Business at Drexel University. "It's an issue of confidence in the marketplace over the ability of institutions to receive back the funds that were lent."
read more>>WSJ.com-March 17th, 2008The Wall Street Journal quotes
Dr. Joseph Mason, associate professor of finance, in a March 17, 2008, story about the U.S. financial crisis.
read more>>The Philadelphia Inquirer-March 14th, 2008Shawkat Hammoudeh, professor of economics and international business at
Drexel University, noted that oil was valued in dollars. And the falling U.S. dollar was causing investors and producers to drive up oil prices to compensate for their losses. "As long the dollar doesn't reach a bottom," he said, "crude prices don't have a cap."
read more>>National Public Radio-March 13th, 2008But
Joseph Mason, associate professor of finance at
Drexel University, was more critical about the report, saying, "It doesn't go far enough and is too vague to be of any help."
read more>>CNNMoney.com-March 12th, 2008The Fed is helping banks and brokers borrow money more easily, which will help them finance these exposures for longer. But the central bank isn't helping them sell these securities,
Joseph Mason, associate professor of finance at
Drexel University's LeBow College of Business, wrote in an email on Tuesday.
read more>>Forbes.com-March 10th, 2008Joseph Mason, a finance professor at
Drexel University, says, "This is not a liquidity crisis, it's a credit crisis."
read more>>centredaily.com-March 4th, 2008Dr. Girish Ramani, assistant professor of marketing, is noted in a story published March 4, 2008, in the
Centre Daily Times (State College, Pa.) and
News & Observer (Raleigh, N.C.) and on EarthTimes.org and other Web sites as a co-developer of the Customer Affinity Index, a measure of predicting customers' technology purchasing intentions and decisions.
read more>>Boston Globe-March 4th, 2008The history of this federal push is revisited in a recent article by
Drexel University business professor Joseph Mason. "In pushing home ownership over the past decade, social policies pushed the misuse of mortgage credit."
read more>>WCAU-TV (NBC-10) and WTXF-TV (FOX-29)-March 4th, 2008LeBow College of Business students were featured on WCAU-TV (NBC-10) and WTXF-TV (FOX-29) newscasts March 4, 2008. Students learned about international trade at the Philadelphia Regional Port Authority.
read more>>-March 3rd, 2008Dr. Bruce McCullough, professor of decision sciences, is quoted in a story published in Handelsblatt (Germany) on March 3, 2008, about the effects of file sharing on CD sales.
read more>>Multichannel.com-March 1st, 2008"Selling of stock by insiders is not good news," said
Drexel University Bennett L. LeBow College of Business professor of finance
Michael Gombola.
read more>>WTXF-TV (FOX-29)-February 29th, 2008Dr. Shawkat Hammoudeh, professor of economics, commented on WTXF-TV (FOX-29) on February 29, 2008, on the sagging U.S. economy and the possibility of a recession this year.
read more>>Houston Chroncile -February 29th, 2008"Fannie and Freddie are really, really big. These recent changes make them even bigger," said
Joseph Mason, a finance professor at
Drexel University in Philadelphia. "At some point they become too big to save."
read more>>csmonitor.com-February 26th, 2008"We're getting a lot of bailout pressures from different directions," says
Joseph Mason, a finance expert at
Drexel University in Philadelphia. It's unclear how big a bailout will become, but the likelihood of expanding rescue efforts is growing, he says. And it will pay to heed lessons of the past
read more>>gulfnews.com-February 23rd, 2008Shawkat Hammoudeh, a senior professor of Economics at
Drexel University, says that sectors like education could be another target area for Arab investors. "They can support named professor positions in universities and can choose the field of the named professor," says Hammoudeh, who follows the ME markets closely.
read more>>Philly Metro-February 21st, 2008“The consumer is not really prepared whether in terms of wealth or savings,” said
Shawkat Hammoudeh, an economics and international business professor at
Drexel University.
read more>>CNBC.com-February 20th, 2008"Ackman's really calling their bluff here," said
Joseph Mason, professor of finance at
Drexel University. "They just want to continue business as usual."
read more>>finchannel.com-February 13th, 2008A bailout could be costly, with some estimating the price tag might reach $240 billion, according to
Drexel University professor
Joseph Mason, who took part in the Hudson Institute event.
read more>>CNNMoney.com-February 12th, 2008Associated Press story published on February 12, 2008, for participating in a panel discussion at the Washington-based Hudson Institute on the role of bond insurers. The story was syndicated on CNN.com, Forbes.com, BusinessWeek.com and several other Web sites.
read more>>Philadelphia Inquirer-February 11th, 2008If jobs data don't show a recovery, broader measures do show exports are catching up with imports, said
Shawkat Hammoudeh, a
Drexel University professor of economics and international business.
read more>>CN8-February 6th, 2008The rebroadcast of the "How to Get a Job" episode also featured
Dr. George P. Tsetsekos, dean of
LeBow College of Business and
Dr. Donna M DeCarolis, head of the management department in
LeBow College of Business and academic director of the Laurence A. Baiada Center for Entrepreneurship in Technology.
read more>>ESchoolNews.com-January 29th, 2008The following students received scholarships through the program: Nicole Smith, Ball State University; Greg Turcotte, California State University, Chico;
Lora Atanasova, Drexel University; Matthews McGarity, Penn State University; Scott Pudlewski, Rochester Institute of Technology; Arthur Cardillo, Villanova University; Kyle Raschen, Villanova University; Marie Chapman, Western Michigan University; Richard Pode, Western Michigan University; and Noah Pascarell, Widener University.
read more>>Sunday Tribune-January 28th, 2008"I find it really improbable that this trader was not abetted by at the very least incompetence, if not assistance from others, " said
Joseph Mason, a risk-management researcher and professor of finance at
Drexel University in Philadelphia. "Ultimately, we're talking about a breakdown of fundamental operational controls."
read more>>Bloomberg.com-January 28th, 2008``It's hard to not harm the bank,'' said
Joseph Mason, a risk-management researcher and professor of finance at
Drexel University in Philadelphia. ``You've just shown that you have holes in your operational controls and a rational customer needs to think, `What other holes are there?'''
read more>>Philly Metro-January 25th, 2008“When people use it to pay credit cards, its impact on the economy is not going to be as direct as if we use it to go buy new things,” said
Drexel University professor
Shawkat Hammoudeh.
read more>>Bloomberg.com-January 25th, 2008``I find it really improbable that this trader was not abetted by at the very least incompetence, if not assistance from others,'' said Joseph Mason, a risk-management researcher and professor of finance at Drexel University in Philadelphia. ``Ultimately, we're talking about a breakdown of fundamental operational controls.''
syndicated in Financial Week
read more>>Bloomberg.com-January 24th, 2008Banks, emboldened by three years of record profits, failed to heed warnings of their risk managers or give them enough power and data to do their jobs, says
Joseph Mason, a professor of finance at
Drexel University in Philadelphia who researches risk management.
read more>>CNNMoney.com-January 23rd, 2008"There is great uncertainty about the impact of those [bond] defaults in a world of structured finance and credit-default swaps," said
Joseph Mason, a professor of finance at
Drexel University. "Where credit default swaps were issued for speculation, losses in the sector will magnify - rather than offset - losses from any given default," he said in emailed comments.
read more>>City Paper-January 23rd, 2008Lisa DeLuca, assistant director of student services at
Drexel's LeBow College of Business, says the best way to begin networking is setting up informational interviews with attractive employers in the student's preferred field.
read more>>Winston-Salem Journal-January 22nd, 2008Syndicated Report from the Washington Post:“Those infusions of capital have been crucial to maintaining performance to date,” said
Joseph Mason, a finance professor at
Drexel University in Philadelphia. “If foreign investors should significantly retreat from U.S. markets, that leaves us to our own recovery. In that case, the current credit crunch will continue to bite and we maintain a very high risk of recession.”
read more>>Marketwatch.com-January 22nd, 2008"People need to face reality and think real hard before undertaking government-controlled re-capitalizations of weak institutions," said
Joseph Mason, associate professor of finance at
Drexel University and a critic of the bond insurance industry. "Are they weak for liquidity reasons or weak because of poor decisions and business models? In the latter case, a re-capitalization by the government may not make sense."
read more>>The New York Times-January 19th, 2008“The most damning effect is on the value of bond insurance itself,” said
Joseph R. Mason, a professor of finance at
Drexel University and the Wharton School, both in Philadelphia. “The big question that should be asked for issuers is: ‘Why should I buy bond insurance?’ ”
read more>>CN8 "Your Morning"-January 18th, 2008Dr. Rolph Anderson, chair professor of marketing in the LeBow College of Business, commented on CN8's "Your Morning" on January 18, 2008, on cutting employee costs.
read more>>Bloomberg-January 16th, 2008Dr. Joseph Mason, assocaite professor of finance, commented on Bloomberg's "The First World on Business" on January 17, 2008, and "On the Economy" and "In Focus" on January 16 on financial and housing markets.
read more>>Science Now-January 14th, 2008Rajneesh Suri, a marketing professor at
Drexel University in Philadelphia, Pennsylvania, calls the study an example of how consumers use pricing information as a proxy for quality.
read more>>CNBC's "Squak Box"-January 14th, 2008Dr. Joseph Mason, associate professor of finance, commented on CNBC's "Squawk Box" on January 14, 2008, on the outlook for the equities market.
read more>>Axcess News-January 11th, 2008And to the degree that money became artificially cheap, the resulting excesses can't last, economists say. "Eventually you're going to the pay the price," says
Joseph Mason of
Drexel University in Philadelphia.
read more>>Wall Street Journal-January 10th, 2008The Wall Street Journal on January 10, 2008, notes
Dr. Joseph Mason, associate professor of finance, in a story about the business model for U.S. banks. Dr. Mason is also quoted in a story published on AxcessNews.com and Yahoo.com on January 10, 2008, about the world banking system.
read more>>Kansas City Star-January 7th, 2008Joseph Mason, who teaches finance at
Drexel University, said Durbin's bill 'is akin to taking away real value from the lender and giving that value to the borrower.'
read more>> WBBR-AM's (NBC-ABC) -January 1st, 2008Dr. Mason commented on the subprime market on WBBR-AM's (NBC-ABC) "Morning Drive" on January 1, 2008.
read more>>