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: May 2008


CNBC-TV, 5/1/2008
Think oil companies pay too little in taxes? Blame Washington, says Lave
The question of whether oil companies should pay more in taxes is best posed to Congress, 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 it’s Washington’s job to set the tax rules, so blaming oil companies is inappropriate.

Bloomberg News, 5/2/2008
Goodfriend: Fed should prepare markets now for plans to stay uninvolved
The Federal Reserve needs to prepare markets for how it won’t intervene, which it did not do before the Bear Stearns meltdown, says Marvin Goodfriend, Professor of Economics; Chairman, The Gailliot Center for Public Policy. And while whatever regulations and incentives the Fed tries to put in place now would be evaded by the market’s innovation of products, investors will still count on the safety net, he says.

Pittsburgh Post-Gazette, 5/4/2008
Lave: ‘The era of cheap energy is over’
For those who hope to see a return to $1.50-per-gallon gasoline, Lester Lave has bad news: The era of cheap energy is over. Lave, the 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, says the exponential increase in consumption is largely to blame.

WTAE-TV, 5/5/2008
Online coupon policy, other tools should be re-examined, says Sun
Fewer grocery stores are willing to accept online coupons, in part because of fears that customers will be able to design phony coupons themselves. Baohong Sun, Associate Professor of Marketing, says she doesn’t blame the stores, but believes manufacturers and retailers should plan to re-examine all their current marketing tools.

Pittsburgh Post-Gazette , 5/5/2008
Gino: Mood affects willingness to accept advice
The mood people are in strongly affects how willing they are to follow advice, which in turn affects the accuracy of their decisions, says Francesca Gino, Visiting Assistant Professor of Organizational Behavior and Theory and Center for Behavioral Decision Research Lab Manager.

Bloomberg, 5/7/2008
Goodfriend: Proposed policy would stabilize inter-bank interest rate
Federal Reserve Chairman Ben Bernanke is expected to ask Congress for authority to pay interest on commercial-bank reserves this year, three years ahead of schedule. The policy would stabilize the inter-bank interest rate, says Marvin Goodfriend, Professor of Economics; Chairman, The Gailliot Center for Public Policy.

College Mogul, 5/7/2008
Tepper School team takes top prize at Moot Corp competition
A team of Tepper School students took the top prize at the Moot Corp business plan competition held at the University of Texas at Austin. This year’s winners presented NeuroBank, which has developed the proprietary technology to extract and preserve adult neural stem cells.

The American, 5/8/2008
Meltzer: Credit problems can’t end until home prices hit equilibrium
Much of the current turmoil in financial markets has to do with a hubris on Wall Street, and defaults may be overstated, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer adds that the credit problem can’t end until home prices reach their natural equilibrium.

Voice of America, 5/9/2008
Homeowners with negative equity a variable in spending equation
It’s hard to predict how homeowners with negative equity in their principal asset – their home – will adjust their spending, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. The prolonged slump in housing is aggravating the economic growth slowdown.

Baltimore Sun, 5/11/2008
Meltzer signs statement of support for McCain’s economic plan
A statement of support for John McCain’s economic plan has been signed by several economists, including Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. The statement calls McCain’s plan “a comprehensive, pro-growth, reform agenda.”

Reuters, 5/12/2008
Ability to pay interest on bank reserves could be powerful tool for Fed
The ability to pay interest on bank reserves would give the Federal Reserve a powerful tool for easing credit strains. Marvin Goodfriend, Professor of Economics; Chairman, The Gailliot Center for Public Policy, says it would be nice if the Fed could target problems in the credit markets without having to throw off its interest-rate policy.

Dow Jones, 5/13/2008
Lerrick: Fed could swap bonds for Treasury debt with other central banks
One possibility for the Federal Reserve to regroup would be for the Fed to issue bonds and swap them for Treasury debt with other central banks, says Adam Lerrick, The Friends of Allan H. Meltzer Chair in Economics; Director of The Gailliot Center for Public Policy. Lerrick believes the Fed could make a cogent argument since they all have an interest in resolving the credit crisis.

Reuters, 5/13/2008
Tepper alum: Economy will be sluggish in coming months, pick up later this year
The U.S. economy will remain sluggish in coming months, but “accommodative” interest rates will help it pick up later this year and in 2009, says Chicago Federal Reserve Bank President Charles Evans. Evans, who earned his MSIA from the Tepper School in 1985 and his PhD in 1989, says tight credit conditions and the ongoing housing slump will continue to restrict consumer spending “for some time.”

Pittsburgh Tribune-Review, 5/14/2008
Meltzer: Rising food, fuel prices will delay economic recovery
Americans hoping for an economic rebound might have to wait until next year, according to Allan Meltzer, the Allan H. Meltzer University Professor of Political Economy. Meltzer says an uptick in the U.S. economy will be delayed by increases in food and fuel prices.

London Times, 5/14/2008
Keeley: Opportunity is still knocking
Financial institutions must continue to compete for the best and brightest new crop of employees, says Ken Keeley, Executive Director of the Career Opportunities Center. Keeley believes that newly hired students might see lower salaries to start, and 2008 grads without jobs lined up by the spring may have difficulty getting their foot in the door, but opportunities will not dry up.

Pittsburgh Business Times, 5/16/2008
Apt: Chicago Climate Exchange provides example of cap-and-trade system
If companies would like to learn about a cap-and-trade system for offsetting greenhouse gases, they can look at the Chicago Climate Exchange for an example, says Jay Apt, Executive Director, Electricity Industry Center; Associate Research Professor; Distinguished Service Professor in Engineering and Public Policy. Apt says the Chicago exchange is a way for companies to become familiar with the market system and begin working to reduce emissions now, in advance of government action.

PBS, 5/16/2008
Tepper School faculty members featured on PBS broadcast about Qatar
Tepper School faculty members were featured on PBS in a broadcast about Education City in Qatar. The program featured J. Patrick McGinnis, Lecturer in Business Management Communication, and showed David Lamont, Associate Teaching Professor of Business Strategy and Director of Tepper Management Games, as well as Charles Thorpe, Dean of the Qatar campus.

BusinessWeek, 5/18/2008
No internship yet? It’s not too late to search
Students can and should continue looking for internships into late May and early June, says Kenneth Keeley, Executive Director of the Career Opportunities Center. Keeley says the center has found that the internship market stays alive at least through the first or second week of June.

Marketplace Radio, 5/19/2008
Monroe: Yahoo-Microsoft partnership shouldn’t challenge Google’s wheelhouse
A Yahoo-Microsoft partnership would flop if its only purpose is to challenge Google at what it does best — search-related marketing, says Bob Monroe, Associate Teaching Professor, Information Technology and Computer Science. However, Monroe sees huge potential in developing the next generation of ads on sites like YouTube and MySpace.

Pittsburgh Post-Gazette, 5/19/2008
Bezos speakes to Tepper School graduates
Jeffrey Bezos, founder and CEO of online retailer Amazon.com, spoke to Tepper School graduates during diploma ceremonies. Bezos says Amazon has hired 20 or so of this year’s Carnegie Mellon graduates from a variety of disciplines.

Fortune Small Business, 5/19/2008
Many factors a business should consider before going online
There are several factors a business should consider when establishing a Web presence, such as the type of business, what it wants to do online, and the owner’s level of technical savvy, says Robert Monroe, Associate Teaching Professor, Information Technology and Computer Science. Business owners who start with a set of plans and a goal are likely to get results that are more in line with what they hope to achieve, he notes.

Bloomberg, 5/21/2008
Meltzer: Greenspan kept interest rates too low for too long
Count Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy, among the critics of former Federal Reserve Chairman Alan Greenspan. Meltzer blames Greenspan for keeping interest rates too low for too long, fueling the surge in house prices.

BusinessWeek, 5/22/2008
Want to get into Tepper? Be prepared to step up, admissions director says
The close-knit community and the commitment of students and faculty are two factors that set the Tepper School apart from other business schools, according to Laurie Stewart, Executive Director of Masters Admissions. Stewart says the school looks for MBA students who step up and take a leadership role.

Enterprise Leadership, 5/23/2008
Corporate strategy integral to innovation, success
To achieve entrepreneurial leadership and innovation, executives need to understand their market and their customer needs, then develop strategies, says Art Boni, John R. Thorne Chair of Entrepreneurship; Associate Teaching Professor of Entrepreneurship; and Director, Donald H. Jones Center for Entrepreneurship. Boni views corporate strategy as an integral part of innovation and success for any organization.

Pittsburgh Business Times, 5/23/2008
Pledge funds a good vehicle for buyers and sellers, Boni says
Pledge funds are a good vehicle for both sellers and buyers, says Art Boni, John R. Thorne Chair of Entrepreneurship; Associate Teaching Professor of Entrepreneurship; and Director, Donald H. Jones Center for Entrepreneurship. Pledge funds are compelling because they allow investors to opt in or out of transactions on a deal-by-deal basis without the time pressures of a traditional private-equity fund.

The Peninsula, 5/25/2008
Entrepreneur helps kick off second year of executive program in Qatar
Carnegie Mellon’s Qatar campus is celebrating the launch of the second year of its Executive Entrepreneurship Certificate Program by hosting “An Evening with Doug Richard,” featuring a successful entrepreneur with 20 years of experience. George White, Associate Teaching Professor of Entrepreneurship, says Richard is “both inspirational and informative.”

Pittsburgh Post-Gazette , 5/27/2008
Tepper alum taking advantage of LCD technology in entrepreneurial efforts
A curved LCD has become inexpensive enough to be used in a $50 watch, putting it squarely on the radar of entrepreneur Henry Thorne, BS 1982, MS 1984, EMP 2000. Thorne’s company, Thorley Industries, makes baby products — some featuring LCD technology.

Pittsburgh Post-Gazette , 5/27/2008
MBA candidate calls limits set on skilled foreign workers ‘destructive’
An immigration policy that limits opportunities for skilled foreign workers is destructive, says MBA candidate Bradley Burke. Burke says it is a shortsighted view that loses sight of the fact that the economy has become increasingly global.

Pop City, 5/28/2008
Credit card startup created by two MBA candidates
Two MBA candidates from the Tepper School are hoping their sophisticated credit card will help solve theft problems. Jeff Mullen and Andy Hicks are behind Dynamics LLC, a startup that makes a wafer-thin card with an electronic display that changes several digits of the card’s number.

Gulf Times, 5/29/2008
Boni: Foster innovation by trying ‘a variety of things in a small way’
Trying a variety of things in a small way and developing from there is important for organizations that hope to foster innovation, according to Art Boni, John R. Thorne Chair of Entrepreneurship; Associate Teaching Professor of Entrepreneurship; and Director, Donald H. Jones Center for Entrepreneurship. Boni cites Google’s practice of offering new services as a beta version and giving people the freedom to try them as a good example.

CNBC.com, 5/30/2008
Meltzer: Fed is ‘spineless’ in response to pressure from Congress, Wall Street
The Federal Reserve should raise interest rates and try to curb inflation, but will probably delay that move, predicts Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer calls the Fed “spineless” in its response to pressures from Congress and Wall Street.

Triangle Business Journal, 5/30/2008
Lave: Best form of carbon emissions reduction is to promote conservation
Offsetting carbon emissions is a worthy goal, but consumer donations in the form of an extra fee are not much of an economic incentive, 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 the easiest and least costly way for a utility to reduce carbon emissions is to promote conservation.

Charlotte Observer, 5/31/2008
Baybars: US Airways not quite big enough
Although US Airways is a big airline, it’s not big enough in the era of mergers and rising fuel prices, says Ilker Baybars, Professor of Operations Management and Manufacturing and Deputy Dean. Because US Airways is one of the smaller major airlines and has fewer international flights, which are usually big moneymakers, it could experience greater pressure to merge.

Environmental Leader, 5/31/2008
Mandatory price for CO2 emissions could have positive short-term effects, study shows
A new analysis by researchers at the Tepper School shows possible positive short-term effects of establishing a mandatory price for CO2 emissions. The study suggests that a $35 price on CO2 emissions would result in up to 10 percent reductions in emission levels by prompting changes in both power company investments and consumer behavior.

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