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TASC Presents: Need a Career Stimulus?


All Executive MBA and TRIUM Global Executive MBA alumni are invited to take advantage of an exclusive career development opportunity.

Trends in Executive Recruitment in a Time of Economic Change
A panel discussion and networking reception with top-tier executive recruiters


Co-hosted by The Executive Programs Alumni Committee (EPAC) and The TRIUM Alumni Steering Committee (TASC).

If you are interested in any of the following, this event is not to be missed:

  • - meet a team of top tier executive recruiters
  • - discuss the impact of the current market trends on the labor market
  • - hear new perspectives on career management
  • - grow your professional network
  • - reconnect with alumni and friends


The panel will include senior executive recruiters from the world’s top search firms
who will discuss the trends impacting recruitment in industries including:

Retail and Global Banking, Technology, Consumer Products, Healthcare,
Human Resources, Industrial, Telecoms and Private Equity

Wednesday, February 18, 2009
6:00 p.m.:  Check-in
6:30 – 7:30 p.m.:  Panel discussion and Q&A
7:30 – 8:30 p.m.:  Networking reception

Location:
Gardner Commons
NYU Stern Henry Kaufman Management Center
44 West Fourth Street (at Greene Street)
New York City

This event is offered to the EMBA and TRIUM alumni communities free of charge.
To register, please visit SWAP.

If you have difficulty registering or have any questions,
please contact André Allaire at (212) 998-4012 or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

 
NYU-Stern top economists on the global financial crisis
Dear TRIUM/NYU/LSE/HEC community:
 
Dean Cooley of NYU-Stern announces the following today.
 
The financial crisis has provided a unique opportunity to harness the collective expertise of NYU Stern faculty to make a serious contribution to the repair efforts underway.

Introducing an independent view of the financial crisis, Restoring Financial Stability: How to Repair a Failed System features executive summaries of 18 targeted and definitive White Papers authored by 32 Stern academics that offer financial policy alternatives—and specific courses of action—to restore the global financial system. The complete policy recommendations will be published in March 2009.

Thomas F. Cooley, Dean   Ingo Walter, Vice Dean
Viral V. Acharya & Matthew Richardson
Professors & Co-Editors
 
For more information, please visit: http://whitepapers.stern.nyu.edu/home.html
 
Thank you,
 
Paul K. Ward
Chair
TRIUM Alumni Steering Committee
 
 
Ed Altman Testifies on Auto Bailout

Professor Edward Altman Testifies Before Financial Services Committee on Auto Bailout

Edward Altman, Max L. Heine Professor of Finance, testified before the US House Financial Services Committee, providing expert commentary on a plan to bailout the big three American automobile makers. Professor Altman believes that the current loan that General Motors is asking for is inadequate and is likely to fail.

He advocates for the company to file for Chapter 11 bankruptcy protection and for the company to receive a $40-50 billion debtor-in-possession (DIP) loan from the government. This type of loan will entitle the government to receive priority status over other creditors, and limit any financial loss to taxpayers. Under Chapter 11 bankruptcy, the firm is not liquidated—it remains in business. Therefore, Chapter 11, he added, provides an opportunity for the company to restructure itself and potentially renegotiate legacy pension claims and other costs.

Professor Altman also suggests that the US Treasury encourage banks that have received money under the government's TARP plan to participate in the supply of DIP financing to GM.

Nearly 25 outlets, including The Wall Street Journal, The New York Times and Bloomberg, covered Professor Altman's congressional testimony.

View complete testimony (PDF)
http://w4.stern.nyu.edu/events/ceo.cfm?doc_id=100735

 
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