Wall Street

Master of Quantitative Finance program carries on tradition of hosting "quant" summit in Lower Manhattan

Friday, February 6, 2015

The event showcases Rutgers Business School’s top-ranked Master of Quantitative Finance program and provides an opportunity for students to network with alumni and Wall Street professionals.

 › Continue Reading

Rutgers Financial Institutions Center hosts summit with SEC on outsmarting consumer & investment fraud

Thursday, September 18, 2014

Senior executives from the SEC, FBI, U.S. Attorney’s Office and other federal government agencies came to Rutgers Business School on September 17 to discuss careers in financial regulatory agencies and how to protect investments against identity fraud.

 › Continue Reading

Marketplace quotes Professor Michael Santoro in story on those held responsible for financial crisis

Friday, August 1, 2014

In a story that aired on American Public Media's Marketplace, reporter Tracey Samuelson took a look at the individuals who have been held responsible for causing the 2008 financial crisis. As part of her reporting, she sought out the expertise of Rutgers Business School Professor Michael Santoro, who teaches ethics in business.

 › Continue Reading

Andrew Huszar’s Wall Street Journal article on quantitative easing from a year ago referenced in The Guardian

Thursday, July 10, 2014

The Federal Reserve is set to end its economic stimulus program [quantitative easing] in October, bringing to an end the controversial five-year-old scheme even as officials said there were signs that the US economy was still in trouble. Controversial from the outset, QE was designed to keep long-term interest rates down and encourage investors to back stocks or corporate debt in order to...

 › Continue Reading

LIBOR's finance summit at Nasdaq demonstrates strong alumni support, Wall Street connections

Wednesday, May 7, 2014

Nearly 150 Rutgers Business School students and more than 70 Rutgers alumni gathered in New York City on April 22 to celebrate LIBOR’s 20th anniversary, network and listen to a panel of distinguished alumni speak about “Discovering Value in Today’s Markets."

 › Continue Reading

Professor Dan Weaver's letter on High Frequency Trading published in Wall Street Journal

Tuesday, April 22, 2014

Wall Street has been buzzing about a new book by Michael Lewis, "Flash Boys," which claims that high frequency trading creates an unfair benefit not available to all market participants. Professor Dan Weaver asserts in his letter-to-the-editor published by The Wall Street Journal on April 9 that there are more pressing issues to deal with other than high frequency trading.

 › Continue Reading

Wall Street has had its fair share of good, bad and ugly leaders says John Longo, professor, Rutgers Business School

Thursday, February 20, 2014

Like any other sectors, Wall Street has had its fair share of good, bad and ugly leaders. But their influence reaches far beyond the Street, says John Longo, a professor at Rutgers Business School. Jamie Dimon is currently the top Wall Streeter in the CNBC 25 voting. The often blunt CEO of JPMorgan Chase rose up the ranks of Wall Street and, after being ousted from Citigroup by former CEO Sandy...

 › Continue Reading

Rutgers MQF students impress crowd with provocative quant summit staged at NYC's Museum of American Finance

Wednesday, January 29, 2014

For the third year in a row, Rutgers MQF students delivered a thought-provoking event on an issue relevant to students and professionals in the areas of finance and economics. Hundreds of students as well as faculty and guests attended the Jan. 27 quant summit. In remarks welcoming the crowd, Rutgers Business School Dean Glenn Shafer described the Master of Quantitative Finance Program as a "jewel of our school.”

 › Continue Reading

Faculty Insight: Can a disgraced trader get a job in academia?

Wednesday, January 22, 2014

Rutgers Business School Professor Michael Santoro, who teaches ethics in business, spent part of last summer observing the federal court trial of former Goldman Sachs trader Fabrice Tourre. In a new article written for The New Yorker, Santoro contemplates the possibility that Tourre, who is working on a doctorate degree, could land a job teaching at a business school.

 › Continue Reading

Rutgers quantitative finance students continue tradition of Wall Street summit with an eye on sovereign debt

Thursday, January 16, 2014

David Brown, a first year student in the top-ranked Rutgers MQF program, said the topics of the sovereign debt and potential default are both relevant and riveting. “The sovereign debt issue is huge,” Brown said, “and it may be having a more significant impact than people think.”

 › Continue Reading

Wall Street - Main Street gap widens in unmatched economic recovery, says Michael Santoro in CNBC

Monday, January 6, 2014

 "The extraordinary gains of the stock market in 2013 have not been matched in the paychecks of ordinary working people and small businesses," said Michael Santoro, professor of business ethics at Rutgers University. Outlined in his book, "Wall Street Values," he argues that market fortunes have become increasingly separated from the rest of society. (Read more: The problem with Wall Street...

 › Continue Reading

Provocative symposium celebrates artist Jan Lourie and a rare exhibit of art at Rutgers Business School

Monday, November 25, 2013

The mini-symposium celebrated artist Jan Lourie’s work, which describes the 2007 subprime mortgage crisis through poetry and images. One line of the artist's poem asks, “Why did everyone not see the danger?”

 › Continue Reading

Road to Wall Street takes a page from Ivy League playbook to improve student access to finance industry

Wednesday, November 20, 2013

Program cultivates a network of well-placed alumni to mentor undergraduates and boost Rutgers presence on Wall Street.

 › Continue Reading

Rutgers finance professor's new book provides hard-to-find framework for short-selling

Monday, November 18, 2013

"Short Stories from the Stock Market” provides a useful framework for anyone interested in getting a better understanding of the investment strategy that involves going short. The book starts with some of the basics, including an easy-to-read graph describing how a short investment is carried out, and provides readers with ways of finding ideas for short selling.

 › Continue Reading

Faculty Insight: Michael Santoro blog on SEC v Tourre trial picked up by The New Yorker

Wednesday, July 24, 2013

Rutgers Business School Professor Michael Santoro, a widely quoted expert on Wall Street ethics, is spending summer break studying Wall Street – and its regulators – at the federal court trial of former Goldman Sachs trader Fabrice Tourre. Now his blog has been picked up by The New Yorker.

 › Continue Reading

Alum returns as Barclays Global Managing Director to discuss careers in equity research

Thursday, November 15, 2012

According to Rutgers Business School (RBS) alum Stuart Linde, Barclays Managing Director and Global Head of Equity Research, it wasn't easy getting to the top and the best advice he ever received was "never give up" and "go where your passion is." Sounds cliché, yet this sage advice provided by someone from the RBS community holds true for those pursuing a career in today's competitive job market.

 › Continue Reading

Wall Street Leaderless in Rules Fight as Dimon Diminished

Tuesday, August 21, 2012

It’s no wonder that public confidence has sunk to an all-time low with so many financial scandals and so many of them self-inflicted, said Ann Buchholtz, a professor of leadership and ethics at Rutgers University in New Jersey. “This is a case of heroes doing more harm than good,” Buchholtz said. Investors tend to romanticize corporate leaders and attribute success within an organization to them...

 › Continue Reading

The Options Industry Council Announces 'Road to Wall Street' Event With Rutgers Business School

Tuesday, April 3, 2012

 The Options Industry Council (OIC) announced today that the next event in its university outreach program, The Road to Wall Street: Analyze Your Options, will be at Rutgers Business School in Newark, NJ on Friday, April 13.

 › Continue Reading

Hordes of Hunger Games fans have an appetite for merchandise and social media marketing

Monday, March 26, 2012

Knowing that diehards will see the movie out of loyalty to the book series helped Lionsgate keep its marketing budget at $45 million. John Longo, who teaches stock valuation and market psychology at Rutgers Business School, said the hype has made an impression on Wall Street, too. Lionsgate Entertainment Group’s stock price soared to a 52-week high as the studio shows signs of reaping...

 › Continue Reading

Staff Additions Will Be An Important Part Of The Growth Story As Smaller-Cap Banks Take Market Share from Larger-Cap Players, Says Managing Director At Sterne Agee; Read More Of His Take On The Northeast And Mid-Atlantic Banks Space In This Exclusive Inte

Friday, January 13, 2012

Mike Shafir is a Senior Research Analyst at Sterne Agee & Leach, Inc. He joined the firm as a Research Analyst, focusing on Northeast banks and thrifts, in April 2006 after working as an Analyst at Moors & Cabot since 2004. Mr. Shafir holds a B.A. in history from Brandeis University and an MBA in finance from Rutgers Business School.

 › Continue Reading