Business Insider: “The CIA Hemorrhages Spies To Top Wall Street Firms”

. . . “There are trillions of dollars of illegal currency in constant circulation. Improved enforcement on transactions is a must, and regulators are pressing for more and better training of professionals in the financial institution sector,” said John James, executive director at the Center for Global Governance, Reporting and Regulation at Pace University in New York.

. . . “There are trillions of dollars of illegal currency in constant circulation. Improved enforcement on transactions is a must, and regulators are pressing for more and better training of professionals in the financial institution sector,” said John James, executive director at the Center for Global Governance, Reporting and Regulation at Pace University in New York.

Read the story by Business Insider.

Associated Press: “Beyond Twitter: The next wave of tech IPOs brews”

. . . Many of the companies that are producing revenue rely on advertising, a dependence that worries Larry Chiagouris, marketing professor Pace University’s Lubin School of Business in New York.

. . . Many of the companies that are producing revenue rely on advertising, a dependence that worries Larry Chiagouris, marketing professor Pace University’s Lubin School of Business in New York.

“If you fast-forward beyond the next 24 months, people will realize that these companies just aren’t going to make a lot of money,” he says. “Advertisers are not putting a large portion of their budgets into these companies.”

Chiagouris thinks the stampede to invest in Twitter and other money-losing startups is heading in the same direction as the dot-com bubble of the late 1990s when a horde of unprofitable Internet companies were ushered on to Wall Street.

“People are chasing the dream of profits as opposed to any evidence of profits,” Chiagouris says. “And it’s a hope, it’s a wish, it’s a dream, but that’s all it is right now.”

Read the story by the Associated Press.

CNN: “Jimmy Kimmel Sketch Sparks Massive Protests”

Watch an interview featuring Chunyan Li, an accounting professor at Pace University’s Lubin School of Business who attended rallies in New York.

Watch an interview featuring Chunyan Li, an accounting professor at Pace University’s Lubin School of Business who attended rallies in New York.

Agence France Presse: “Twitter hits Wall Street with a bang”

. . . “There’s always going to be investor mania, but it doesn’t tell us anything about the future,” said Larry Chiagouris, a professor of marketing at Pace University.

. . . “There’s always going to be investor mania, but it doesn’t tell us anything about the future,” said Larry Chiagouris, a professor of marketing at Pace University.

“The fundamental question is how much people have to say on Twitter. We know there are some people who are social and want to talk all the time, but you can’t make a business model on those people.”

Chiagouris added that “large corporations with hundreds of millions of dollars have not put substantial sums into paid media with Facebook and Twitter.”

“They all are experimenting but nobody is putting 25 percent in social media. It may not sound cool but traditional media is still the media of choice today,” he said.

Read the story by Agence France Presse.

Read more comments by Prof. Chiagouris in the Guardian (UK).

Washington Post: “Twitter IPO: Buzz builds over risks and (possible) rewards”

. . . Twitter’s ad products show potential, but the company might not be able to turn its platform into an indispensable tool for marketers, said Larry Chiagouris, a marketing professor at Pace University in New York.

. . . Twitter’s ad products show potential, but the company might not be able to turn its platform into an indispensable tool for marketers, said Larry Chiagouris, a marketing professor at Pace University in New York.

As a whole, social media haven’t provided the return on investment that many advertisers want, he said. Twitter’s emphasis on real-time conversation about events such as the Super Bowl or the Academy Awards means even the strongest ads don’t have much lasting value, Chiagouris said.

“Those event-driven tweets are highly limited,” he said. “On the day-to-day kind of things, most people don’t have a lot to say. And most other people don’t care to hear what others are saying.”

Read the article in the Washington Post.

Read more comments by Prof. Chiagouris in San Jose Mercury News.

MacNewsWorld: “Apple to Put Down Roots in Arizona”

. . . The fact that Mesa is a rising education hub likely influenced Apple’s decision, said Joseph Pastore, professor emeritus at Pace University’s Lubin School of Business.

. . . The fact that Mesa is a rising education hub likely influenced Apple’s decision, said Joseph Pastore, professor emeritus at Pace University’s Lubin School of Business.

“Companies like to locate where there is talent,” he told MacNewsWorld. “[Mesa] has been undergoing an interesting initiative to bring higher education to its city. It has attracted five colleges from various points in the U.S. to add branches in Mesa. The fundamentals for plant location in Mesa are emerging in the form of a concentration of an educated workforce.”

Associated Press: “Challenges abound for Twitter heading into IPO”

. . .”Users’ attention and time is becoming more fragmented, and so is the advertising revenue,” says Larry Chiagouris, a Pace University marketing professor who studies social media.

. . .”Users’ attention and time is becoming more fragmented, and so is the advertising revenue,” says Larry Chiagouris, a Pace University marketing professor who studies social media.

Read the story by the Associated Press.

Investor’s Business Daily: “India Funds Lead World — Rebound May Be Short-Lived”

. . . The current account deficit at nearly 5% of GDP (vs. a sustainable level of 2.5%) and rising interest rates could push the country’s credit rating into junk territory, says Surendra Kaushik, a professor of finance at Pace University’s Lubin School of Business. [Photo: India’s Reserve Bank chief Rajan (right) lifts rates.]

. . . The current account deficit at nearly 5% of GDP (vs. a sustainable level of 2.5%) and rising interest rates could push the country’s credit rating into junk territory, says Surendra Kaushik, a professor of finance at Pace University’s Lubin School of Business.

“The political environment, excessive public spending programs on consumption, labor market imperfections, corruption and low business confidence are likely to keep things the way they are for a while,” Kaushik said in an email. The government will not likely pursue aggressive economic reforms in the near future with elections in five states in December and national parliamentary elections in mid-2014, he added.

Read the story in Investor’s Business Daily.

BizEd: “Idea Central”

. . . Embracing an interdisciplinary purpose brings a sense of excitement to a business school and its entrepreneurial center, says Bruce Bachenheimer, who directs the Entrepreneurship Lab (eLab) at Pace University’s Lubin School of Business.

. . . Embracing an interdisciplinary purpose brings a sense of excitement to a business school and its entrepreneurial center, says Bruce Bachenheimer, who directs the Entrepreneurship Lab (eLab) at Pace University’s Lubin School of Business. Opened in February 2012 in a building near New York City Hall, eLab’s purpose is not only to augment the school’s entrepreneurship curriculum with events and services, but also to bring together the schools of business, arts and sciences, health professions, education, and computer science and information systems in crossdisciplinary problem solving.

“I recently met with education students who want to develop new educational technologies to teach STEM subjects to New York City high school students—they call themselves ‘edupreneurs,'” says Bachenheimer. “We’re working with nursing students to help them collaborate with computer science students to develop mobile apps for the field of gerontology. Bringing together students from different colleges has been exciting.”

Read the article in BizEd, a bi-monthly magazine for individuals and organizations involved or interested in collegiate business education.

E-Commerce Times: “SEC Opens the Door to Crowdfunding”

. . . Even with the SEC’s cautious approach, however, crowdfunding’s appeal will likely translate into, at the very least, dashed hopes on the part of both investors and businesses, Bruce Bachenheimer, a professor of management at Pace University, told the E-Commerce Times.

. . . Even with the SEC’s cautious approach, however, crowdfunding’s appeal will likely translate into, at the very least, dashed hopes on the part of both investors and businesses, Bruce Bachenheimer, a professor of management at Pace University, told the E-Commerce Times.

“While there are many exciting possibilities that could come from the act, I’m afraid it will result in an amateur ‘field of dreams,'” he said — “early startups dreaming of easy funding and nascent individual investors dreaming of big returns.”