32nd Annual Dinner Honors Ben Bernanke and Russell Carson '67
An evening featuring the remarks of Ben Bernanke, chairman of the Federal Reserve, and Russell Carson '67, cofounder of private investment firm Welsh, Carson, Anderson & Stowe, raised more than $3 million for the School's programs and initiatives.
CBS Team Wins Global Social Venture Competition with Clean Energy Plan
Out of a record field of 245 teams from 23 countries, a student team from CBS won the $25,000 grand prize at this year’s Global Social Venture Competition.
Professor David Beim says highly leveraged companies are finding themselves in a precarious position.
Executives Find Ways to Keep Moving Ahead Despite Economic Fears
The Wall Street Journal
Goldman Sachs Announces Global Women's Education Initiative and CBS Partnership
CEO Lloyd Blankfein said the firm pledges $100 million to provide 10,000 underserved women with education and mentoring in business, management and entrepreneurship.
"Professor Chris Mayer points out that some $750 billion of annual mortgage lending has dried up as the securitization of subprime and jumbo loans has collapsed."
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(The Economist)
Social Enterprise Reception Highlights Power of Cross-Sector Collaboration
Joel Klein, David Saltzman and Russell Carson ’67 discuss how business skills can transform urban public education.
In an article addressing the economy’s possible tilt into a recession, Professor Frank Lichtenberg says that the official designation matters little: ‘That’s not going to make a great deal of difference to people’s economic well-being or their pocketbooks,” he said. “The idea that if you’re on one side of the line you’re in a recession and if you’re on the other side you’re fine — that’s not really the case,” he added.
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(The Boston Globe, from the Associated Press)
Columbia Nobel Laureate Speaks to Campus on Dynamic Economic Theory
Economics Professor Edmund S. Phelps delivered this fall’s University Lecture, “Economic Theory for an Innovative World,” proposing the development of new theoretical models to keep pace with entrepreneurial endeavors.
Healthcare Conference Highlights Innovation on Grand Scale
Keynote speakers Paul Keckley of Deloitte and David Holveck of Johnson & Johnson call for radical, systemic changes to the healthcare industry and the medical profession.
Sicherman Awarded Eckstein Prize
For his research on the connections between smoking and wage dynamics, Professor Nachum Sicherman is a corecipient of the highest honor of the Eastern Economic Journal.
School Welcomes President of Dominican Republic
President Leonel Fernández Reyna of the Dominican Republic delivered a speech at Columbia Business School — and threw out the first pitch before a Yankees game — during his visit to New York.
A Modest Proposal
Professor Ray Fisman exposes an easily overlooked obstacle to preventive healthcare: the high rate at which Americans switch insurance plans.