Media Mentions

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."

Washington Post

Subprime losses also might foreshadow losses on other new securities. Some of these bundle other loans: auto loans, credit card loans, business loans.

Market Watch

In mortgage market's next big blowup, many Americans face losing their home

Marketwatch.com

Dr. Joseph Mason, associate professor of finance, was quoted in a MarketWatch.com story on March 22, 2007, on subprime lenders.

Bloomberg.com

Dr. Joseph Mason, associate professor of finance, was noted in a Bloomberg.com story on February 26, 2007, as a co-author of a study on mortgage-backed securities.

Yahoo! Finance

The New York Times cited a paper co-written by Dr. Joseph Mason, associate professor of finance, in its February 18, 2007, edition. The paper notes that insufficient transparency in the market of collateralized debt obligations, significant changes in asset composition and a credit rating industry ill-equipped to assess market risk and operational weaknesses could result in a broad financial decline. Another story that noted the paper was published on the Yahoo! Finance site on February 20. Dr. Mason also commented on mortgage news on CNBC's Street Signs program on February 20.

The Washington Times

Dr. Joseph Mason, associate professor of finance, was quoted in an article published on February 16, 2007, in the Washington Times about an increase in interest rates for mortgages in the upcoming months

Delaware Online

Stephen P. Mullin, adjunct professor of economics, was noted in The News Journal (Wilmington, Del.) on February 14, 2007, for joining the board of directors of the Partnership for the Delaware Estuary, a nonprofit program serving portions of Delaware, New Jersey and Pennsylvania