Website Accessiblity

Tepper In The News

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


Archives | Current Clips

Archives for: April 2010


Bloomberg, 4/1/2010
Goodfriend: Bear Stearns bailout signaled turning point for Fed
By putting taxpayers at risk in financing the rescue of Bear Stearns, the Federal Reserve was engaging in fiscal policy — which normally is the domain of Congress and the U.S. Treasury, says Marvin Goodfriend, professor of economics; director, The Gailliot Center for Public Policy. The blurred boundary between the responsibilities of the Fed and Congress contributed significantly to panic in the fall of 2008, Goodfriend says. URL for this article: http://news.businessweek.com/article.asp?documentKey=1376-L06NGZ07SXKX-9

Inc., 4/7/2010
Supervisor friction major reason for quitting, says Argote
Dissatisfaction with a supervisor is a major reason people quit their jobs, according to Linda Argote, David M. Kirr and Barbara A. Kirr Professor of Organizational Behavior and Theory; Editor-in-Chief, Organization Science; Director, Center of Organizational Learning, Innovation and Performance. Argote says smaller companies are more at risk of losing the employee because there are fewer opportunities to move to a different position if the worker likes the job but dislikes the supervisor. URL for this article: http://www.inc.com/guides/2010/04/employee-retention.html

Marketplace, 4/7/2010
Spatt analyzes Goldman Sachs’ trade practices
Goldman Sachs’ penchant to trade for itself is the new normal for investment banks, says Chester Spatt, Pamela R. and Kenneth B. Dunn Professor of Finance; director, Center for Financial Markets. Spatt says many firms are in the business of being dealers, who inherently take the opposite side of what the customer wants. URL for this interview: http://marketplace.publicradio.org/display/web/2010/04/07/pm-goldman/

Time, 4/15/2010
Lave: Body heat idea has some drawbacks
Though engineers in Sweden say they’ve figured out a way to harness body heat to warm buildings, the idea has are certain drawbacks, says Lester Lave, Harry B. and James H. Higgins Professor of Economics and University Professor; director, Carnegie Mellon Green Design Initiative; co-director, Carnegie Mellon Electricity Industry Center. Lave says buildings heated by body temperature need to be close together and constantly populated for the idea to work. URL for this article: http://www.time.com/time/health/article/0,8599,1981919,00.html

NPR, 4/16/2010
Waiting for the Fed to fix asset bubbles? Don’t hold your breath, Meltzer says
In an interview with National Public Radio, Allan Meltzer said he does not believe the Federal Reserve will do anything about asset bubbles. Meltzer, The Allan H. Meltzer University Professor of Political Economy, says the Fed has faced booming asset prices several times, and each time has determined that the cure — a big hike in interest rates — is worse than the disease. URL for this transcript: http://www.npr.org/templates/story/story.php?storyId=126025848

Chicago Tribune, 4/20/2010
Meltzer proposes requirement change for large firms
As firms grow beyond a specified size, say $10 billion in assets, they should be required to increase their capital more than in proportion to the increase in their assets, says Allan Meltzer. Meltzer, The Allan H. Meltzer University Professor of Political Economy, suggested that change to a congressional committee. URL for this article: http://www.chicagotribune.com/news/opinion/editorials/ct-edit-financial-20100420,0,254220.story

Reuters, 4/21/2010
Reverse repos could compromise Fed’s independence, says Goodfriend
By forcing the Federal Reserve to rely on contracts with the private sector to conduct policy, reverse repos could compromise its independence, says Marvin Goodfriend, professor of economics; director, The Gailliot Center for Public Policy. Goodfriend believes the Fed should structure itself in a way to be immune from that dependence. URL for this article: http://www.reuters.com/article/idUSTRE63K4XA20100421

Pittsburgh Tribune-Review, 4/23/2010
Lave: Trees the culprit in many power outages
Foliage plays a large role in western Pennsylvania’s power outages, according to Lester Lave, Harry B. and James H. Higgins Professor of Economics and University Professor; director, Carnegie Mellon Green Design Initiative; co-director, Carnegie Mellon Electricity Industry Center. Lave says high winds bring trees down, causing outages. URL for this article: http://pittsburghlive.com/x/pittsburghtrib/news/pittsburgh/s_677780.html

Bloomberg BusinessWeek, 4/23/2010
Meltzer: Bill would politically weaken Federal Reserve
A bill that seeks to limit the Federal Reserve’s authority to 36 of the country’s largest banks would limit the central bank’s ability to deflect interference from Congress, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says the Fed needs constituent support. URL for this article: http://www.businessweek.com/news/2010-04-23/banker-to-bikers-fights-to-keep-fed-oversight-of-small-lenders.html

News Journal (Delaware), 4/29/2010
Lave skeptical about feasibility of off-shore wind farm
Lester Lave is skeptical that the nation’s first off-shore wind farm will be economically competitive with other energy sources. Lave, Harry B. and James H. Higgins Professor of Economics and University Professor; director, Carnegie Mellon Green Design Initiative; co-director, Carnegie Mellon Electricity Industry Center, believes the industry will run into practical problems such as hurricanes and interference with ships and pleasure craft. URL for this article: http://www.delawareonline.com/article/20100429/BUSINESS/4290318

Wall Street Journal , 4/29/2010
Meltzer: Obama’s picks to Fed board likely to prioritize unemployment over inflation
President Obama’s nominees to the Federal Reserve board are likely to be more concerned with unemployment and willing to deal with inflation concerns later, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Obama’s picks are two economists and a lawyer. URL for this article: http://online.wsj.com/article/SB10001424052748704423504575212600364869846.html?mod=USHomePage_2

Pittsburgh Tribune-Review, 4/29/2010
Biden’s job predictions are beyond reason, says Meltzer
Vice president Joe Biden’s prediction that the economy could pick up as many as 500,000 jobs by summer is “beyond reason,” says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says even optimists aren’t predicting gains that high. URL for this article: http://www.pittsburghlive.com/x/pittsburghtrib/news/pittsburgh/s_678616.html

Pittsburgh Business Times, 4/29/2010
Spin-outs get boost from summer program
As many as seven companies led by 2010 MBA candidates at the Tepper School could spin out in the coming months. To help them along, the Donald H. Jones Center for Entrepreneurship is launching an accelerator program this summer. URL for this article: http://www.bizjournals.com/pittsburgh/stories/2010/04/26/daily61.html

China Radio International, 4/30/2010
Meltzer: U.S. must solve its own deficit problem
Revaluation of Chinese currency will not help solve the U.S. trade deficit problem, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says the U.S. problems are largely related to saving and investment in the United States. URL for this article: http://english.cri.cn/6826/2010/04/30/1461s566635.htm

Archives | Current Clips

Primary Navigation

Follow the Tepper School:

You Tube Tepper on iTunes Linked In Facebook Twitter

Media Contact

Mark D. Burd

Director of Public Relations

Tepper School of Business
Carnegie Mellon University
5000 Forbes Ave.
Pittsburgh, Pa. 15213-3890

Tel: 412-268-3486
mdburd@andrew.cmu.edu
Fax: 412-268-7824

Footer Navigation