Media Mentions

Bloomberg

Dr. Joseph Mason, associate professor of finance, is quoted in a Bloomberg story published on June 5, 2007, about the subprime mortgage-backed market. Dr. Mason co-wrote a paper about the market. Dr. Mason also commented on the subprime mortgage-backed market on KYW-AM (1060) on June 3 and WBBR-AM (NBC-ABC-New York) on May 31.

The Journal Gazette

Washington Post story in which Dr. Jonathan Ziegert, assistant professor of management, was noted was syndicated in the Fort Wayne Journal Gazette on June 4, 2007. The story focuses on how recent college graduates are seeking the help of career counselors to help them secure jobs that offer earning potential and personal satisfaction.

Bloomberg News

Dr. Mason was noted in a Bloomberg story published on May 31 for his paper written with Joshua Rosner, a managing director of Graham Fisher & Co., an investment research firm in New York. They argued that First Amendment protections for ratings of asset-backed securities may not hold up.  

The International Herald Tribune

The International Herald Tribune (France) quoted Dr. Joseph Mason, associate professor of finance, in a story published on June 1, 2007, about the subprime mortgage-backed market. Dr. Mason co-wrote a paper about the market.

The Philadelphia Inquirer

It was Rosenbloom who first told me that retailers call my theory of suburban sameness "cannibalization." Personally, he prefers "overstoring," not that developers or chains have any intention of stopping.

The Washington Post

At the LeBow College of Business at Drexel University in Philadelphia, organizational psychologist Jonathan Ziegert says he sees more and more students complete a battery of psychological tests before launching a job search. The campus trend mirrors a change in the broader job market, he says, where he sees the job hunt turning increasingly into an exercise in self-searching. 

Washington Post

At the LeBow College of Business at Drexel University in Philadelphia, organizational psychologist Jonathan Ziegert says he sees more and more students complete a battery of psychological tests before launching a job search. The campus trend mirrors a change in the broader job market, he says, where he sees the job hunt turning increasingly into an exercise in self-searching

Philadelphia Business Journal

George P. Tsetsekos says first impressions make a difference. And he's got the wife to prove it.

FT.com

6ABC Action News

Prof. Shawkat Hammoudeh of Drexel University said, "Gasoline inventories in the united states are the lowest in two decades of this time of the year. So any slack in the system could cause gasoline prices to go much higher."

Nasdaq

"We know now that we really don't fully understand default risk in subprime bonds," Mason said after the panel.

diverseeducation.com

The findings indicate that a student's decision to drop out is cumulative, says Dr. Frank Linnehan, the associate dean for undergraduate programs at Drexel University's Lebow College of Business. Linnehan co-wrote a different study, High School Guidance Counselors: Facilitators or Pre-Emptors of Social Stratification in Education.

Oilweek.com

“The fear factor is now around (an extra) $15 a barrel and most of the fear factor comes from three countries_ Iran, Nigeria and Venezuela,‘‘ said Shawkat Hammoudeh, professor of economics and international business at Drexel University.

The Epoch Times

"I remember I used to be like you at one point of time—when I first came to the United States, I had a huge argument with my Taiwanese roommate about who started the Korean war—I said it was the 'evil Americans.' Eventually, I found out the truth," Xie said. "You are all smart, young people; I hope that you will rationally and clearly evaluate the truth based on the evidence that you have found."

CNNMoney.com

"By putting people in new loans all we are doing is throwing leverage after leverage," says Joseph Mason, a finance professor at Drexel University and an expert in the mortgage market. "These programs are not a good idea. They just don't work."

reuters.com

About 40 percent of CDO collateral is residential mortgage backed securities, according to a recent paper by Joseph Mason of Drexel University's business school, and Joshua Rosner of research firm Graham Fisher & Co.

Marketwatch.com

"We don't know exactly who holds these risks, but, in a way, we all hold this risk," Mason said. "The risk doesn't go away. Somebody has to have it."

Reuters

Rising oil prices are the biggest inflationary danger in a euro zone economy that is enjoying favorable growth, European Central Bank policymakers said on Monday, adding to expectations for another ECB interest rate increase. “The biggest threat would be that the sharp increase in oil commodity prices would lead to second-round effects” where businesses pass higher costs onto consumers, Christian Noyer, president, Banque de France said in a speech at Drexel University in Philadelphia.

CNN-Money

Marketwatch.com

Marketwatch.com

CNBC

Gobleandmail.com

Marketwatch

By exiting in search of more attractive assets, CDOs could limit the supply of money to the mortgage market, making home loans more expensive and reducing the availability of subprime loans, Mason said in an interview this week.

A New York Times story noted Dr. Joseph Mason, associate professor of finance, as a co-author of a study on mortgage-backed securities on March 11, 2007, and was syndicated in the Tuscaloosa News (Ala.), Times Daily (Ala.), Wilmington Morning Star (N.C.), Herald-Tribune (Sarasota, Fla.) and Spartanburg Herald Journal (S.C.). A MarketWatch.com story in which Dr. Mason is quoted continues to be syndicated. Published on SmartMoney.com on March 9 and FreeInternetPress.com on March 10, the story focuses on a corporation that has stopped accepting loan applications because its supporters have refused to finance subprime mortgages

Marketwatch.com

Reuters.com

Business week

The Importance of Attitude Yes, entrepreneurs need to network, but don't ignore the importance of cockiness. So argue three researchers, from Drexel University, Penn State University, and Northeastern University, in answer to this question: "What differentiates the well-connected entrepreneur from the well-connected non-entrepreneur?" They maintain, based on anecdotal observation and research, that "it is not enough to be 'well connected.' Individuals with higher levels of overconfidence and lower levels of risk perception are more prone to start new ventures.... Having a network of people and resources to rely on augments overconfidence and new venture creation.

The Hellenic News of America

we revamped our MBA curriculum to respond to and anticipate future trends in the changing business landscape. The result was a dynamic program of study to serve as a basis for the future leaders that integrates leadership and ethics, technology management and industry perspectives. When our five-year strategic plan launched a year later, we embarked on an ambitious agenda to construct an outstanding center of business excellence and innovate our graduate and undergraduate offerings to meet the growing needs of the global marketplace.

Business Week

BusinessWeek noted the popularity of LeBow College of Business' personal-finance courses on March 7, 2007. At Drexel, business students enrolled in Individual Financial Strategy have to do in-class presentations about whether they should buy or lease a car or if it's a good time for them to purchase a home, based on historical rates of interest on loans. Instructor Jodi Cataline says she wants her students to learn from the mistakes she made with money when she first graduated, which is why she shares stories about her past. "This information is about personal, day-to-day interactions you will have with money," says Cataline. "It's not just about corporate finance. Even business students have trouble."