Tepper In The News

For copies of articles in their entirety, please contact Barbara Donehue at 412-268-9885.

Pittsburgh Post-Gazette, 5/13/2012
Apt: Personal electronic devices must be limited for airline travelers
Research has convinced Jay Apt, professor of technology and director of the Carnegie Mellon Electricity Industry Center, that use of personal electronic devices in flight should be limited. In an article Apt coauthored, he says such limitations help prevent aviation disasters caused by interference from the devices. http://www.post-gazette.com/stories/opinion/perspectives/this-is-your-captain-turn-off-that-cell-phone-635634/

Reuters, 5/13/2012
Meltzer: Fed facing intense political pressure
Political pressure on the Federal Reserve has rarely been higher as Republicans and Democrats debate the best way to stimulate the economy and reduce unemployment and budget deficits, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. The Fed is particularly sensitive now to accusations of taking action for political reasons, Meltzer says. URL for this article: http://www.reuters.com/article/2012/05/13/usa-fed-elections-idUSL1E8SB2TJ20120513

New York Times, 5/6/2012
Spatt: Rebates to brokers are conflict of interest
Chester Spatt, Pamela R. and Kenneth B. Dunn Professor of Finance, was one of two former chief economists for the Securities and Exchange Commission who criticized rebates to brokers as a conflict of interest. Spatt says the rebate problems have not disappeared and have most likely intensified as brokers’ other sources of revenue have shrunk. URL for this article: http://www.nytimes.com/2012/05/07/business/rebates-to-brokers-are-seen-as-a-conflict-of-interest.html?_r=1

The Economist, 5/5/2012
Yeltekin, Sleet: Economists rethinking views on taxing capital
Some economists are rethinking the view that capital should not be taxed, according to Sevin Yeltekin, associate professor of economics, and Christopher Sleet, associate professor of economics. This is happening in part because reductions in capital-tax rates appear to have delivered more inequality than growth. URL for this article: http://www.economist.com/node/21554181

Pittsburgh Tribune-Review, 4/15/2012
Meltzer: Health care reform badly needed
Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy, says health care reform is badly needed. However, he does not support the reforms proposed by President Obama. URL for this article: http://www.pittsburghlive.com/x/pittsburghtrib/business/s_791258.html

Bloomberg, 4/11/2012
Goodfriend: Bernanke could look to history when contemplating inflation
There is enough historical evidence that Federal Reserve Chairman Ben Bernanke could use to start exiting before inflation gets ahead of him, says Marvin Goodfriend, professor of economics; chairman, The Gailliot Center for Public Policy. URL for this article: http://www.bloomberg.com/news/2012-04-11/inflation-lurks-as-stealth-tax-on-top-of-form-1040.html

CIO Talk Radio, 4/11/2012
Argote speaks on learning, enterprise performance
Linda Argote, David M. Kirr and Barbara A. Kirr Professor of Organizational Behavior and Theory; director, Center of Organizational Learning, Innovation and Performance was interviewed by CIO Talk Radio. Argote discussed the competitive advantage that can be gained by understanding how organizations can better learn. URL for this broadcast: http://www.ciotalkradio.com/event/388-learning-that-drives-enterprise-performance.html

Reuters, 4/1/2012
Meltzer: Election angst could translate into restrictions on Fed
Populist anger aimed at the Federal Reserve during the election season could translate to real change, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer believes a Republican president would want to see some restrictions on the central bank. URL for this article: http://www.nytimes.com/reuters/2012/04/01/us/politics/01reuters-usa-fed-romney.html?_r=1&scp=2&sq=%22Carnegie+Mellon%22&st=nyt

Kiplinger's Personal Finance, 3/23/2012
Meltzer: Expecting banks to pay high dividends is ridiculous
It is “ridiculous” to expect banks to pay so many dividends, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Some major banks, such as Bank of America and Citibank, are still considered far too weak to win the Fed's approval for higher dividends. URL for this article: http://www.kiplinger.com/columns/balance/archive/trends-in-income-investing-emerging-markets-bonds.html

Fox News, 3/22/2012
Extension of legal immunity for climate fund problematic, says Meltzer
Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy, believes extending the legal immunity of the Green Climate Fund can be problematic. He believes rather than extending immunities, the rule of law should be emphasized. URL for this article: http://www.foxnews.com/world/2012/03/22/mammoth-new-green-climate-fund-wants-un-style-diplomatic-immunity-even-though/

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