Corporation elects Israel Ruiz executive VP and treasurer
The MIT Corporation today elected Israel Ruiz SM ‘01, who had previously served as vice president for finance, as the Institute’s new executive vice president and treasurer. His appointment is...
View Article3 Questions: Ricardo Caballero on the search for safe investments
What caused the financial crisis of 2008? MIT economist Ricardo Caballero has posited that a key structural factor was a massive global imbalance between the demand for safe investments, especially...
View ArticleMichael W. Howard ’86 named vice president for finance
Michael W. Howard ’86, an MIT alumnus who has 20 years of experience in finance and operations, has been appointed MIT’s new vice president for finance, effective Dec. 5. Howard was most recently a...
View ArticleGender spenders
Many Americans went into personal debt before the economic recession hit the country in 2008. Why? For some men, the biggest factor may have been intense competition to find a spouse.That’s the...
View ArticleMichael Seelhof, SDM '12: a banker adds theory to experience in managing...
You'd think that merging two investment banks at the height of a global financial meltdown would be enough complexity for one lifetime. But the experience left Michael Seelhof, SDM '12, wanting more....
View ArticleMSMS student looks forward to a very bright future
Not many students come to the MIT Sloan School of Management with three job offers to chose from. However, Moez Gharbi, a student in the Master of Science in Management Studies program (MSMS) at MIT...
View ArticleTaking credit
Microfinance seems like a boost for entrepreneurs in developing countries: Give them little loans, and people can make their small businesses a bit larger. Starting in 2001, the government of Thailand...
View Article3 Questions: Andrew Lo on JP Morgan’s multibillion-dollar trading loss
Earlier this month, heavyweight bank JP Morgan Chase announced it had lost at least $2 billion on a single trade — a figure that could grow as the firm struggles to unwind its position. The event has...
View ArticleHow better financing could help create new cancer drugs
The pharmaceuticals industry presents a quandary for potential investors: Major investments in drug development pay off handsomely in a relatively small number of cases, but many other projects deliver...
View ArticleStudy: At most a third of us show a consistent approach to financial risk
Take a moment to consider some of the financial choices you’ve made in recent years. Do you have a consistent approach to your money, either by playing it safe or having a willingness to take risks? Or...
View Article3 Questions: Michael Greenstone on deficit spending
Government deficit spending has been a contentious issue during this year’s U.S. mid-term election campaigns. Yet some economists believe that additional government spending in certain areas is needed...
View ArticleMIT Sloan Professor Emeritus Eli Shapiro dies at 94
Professor Emeritus Eli Shapiro, the bow-tie-bedecked economist who helped to develop the MIT Sloan School of Management’s academic character, died Saturday, Dec. 4, after a short illness. He was...
View ArticleEconomists converge at MIT
A recovery from recession is under way, but the uncertain state of the global economy and of the economics profession were major themes discussed during a special symposium at MIT on Thursday and...
View ArticleThe visible hand
The recent banking crisis represented a missed opportunity for the U.S. government to put financial markets on a firmer foundation and prevent future meltdowns, former New York governor Eliot Spitzer...
View ArticleTheresa M. Stone to step down as Executive VP, Treasurer
Theresa M. Stone, MIT’s Executive Vice President and Treasurer, announced today (May 17) that she will step down this fall. She will continue to be involved with MIT as a committed volunteer.Stone, who...
View ArticleIsrael Ruiz nominated as MIT’s next executive VP and treasurer
Israel Ruiz, MIT’s vice president for finance since 2007, has been selected by President Susan Hockfield to serve as the Institute’s next executive vice president and treasurer. Ruiz has been nominated...
View Article3 Questions: David Singer on the Greek Euro-tragedy
The economic and fiscal woes of Greece remain at the center of European politics. In recent months, a variety of economists and commentators have asked if Greece should consider the unprecedented move...
View ArticleAndrew Lo joins CSAIL
This summer, MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) welcomes a world-renowned economist and its first full-time member from the MIT Sloan School of Management: Andrew Lo...
View ArticleCracking the code
After the 2008 financial crisis hit, many people were startled to learn that the leaders of some investment banks knew little about the risks their firms had taken.This fact should not have come as a...
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