MONTHLY TOP MEDIA COVERAGE FOR JUNE 2016

U.S. MEDIA

Market's Initial Reaction to Brexit Not Unexpected, History Shows

TheStreet.com - Jun 30, 2016 University of Chicago economist Richard H. Thaler and Yale University's Professor Shiller have said that despite the available information, investors tend to make irrational decisions and trade in the stock markets at unjustified prices. Stock price movements may reflect mass psychology or even irrational trends. Article also appears in Money-MSN.com. 

10 Stories to Read This Week

Chicago Magazine - Jun 29, 2016 10 How Financial Crises Set the Table for Brexit (and Trump)A University of Chicago economist (Amir Sufi) finds that polarization is the predictable result of severe economic downturns across the world. Chicago magazine explains.(Article appeared in Monday's newsclips.)

U of C rock star economist returning

Crain's Chicago Business - Jun 28, 2016 A University of Chicago economist who spent the last three years as the Janet Yellen of India will return to the university's Booth School of Business after his chances of being reappointed governor of the Reserve Bank of India dimmed. Raghuram Rajan, 53, announced his decision, dubbed Rexit, in a June 18 letter to bank staff.

The Brexit May Be Just The Beginning Of Anti-Europe Votes

FiveThirtyEight - Jun 27, 2016 Anil Kashyap is a professor of economics and finance at the University of Chicago Booth School of Business.

How Financial Crises Set the Table for Brexit (and Trump)

Chicago Magazine - Jun 27, 2016 The Brexit and the continued persistence of Donald Trump has kept a piece by the University of Chicago economist Amir Sufi on my mind. Along with Princeton’s Atif Mian, he wrote House of Debt, a forensic accounting of household debt’s role in the Great Recession, which I talked to him about in 2014.

Study finds misbehaving brokers stick around

Star Tribune - Jun 27, 2016 The study, “The Market for Financial Adviser Misconduct,” was written by Mark Egan, a professor at the University of Minnesota’s Carlson School of Management and colleagues Gregor Matvos and Amit Seru from the University of Chicago’s Booth School of Management and published by the National Bureau of Economic Research this spring.

Annuities? Helping Clients See the Long-Term Benefits

Yahoo! - Jun 27, 2016 A study, co-authored by University of Chicago professor, Ira Weiss, Ph.D., and Jefferson National, set out to prove this point. You may be surprised to learn that tax deferral can quickly outperform a taxable investment.

Overcoming Our Work E-Mail Addiction: My Interview with Vicki Salemi

The Huffington Post - Jun 27, 2016 Consider a 2006 series of studies by two psychologists, Justin Kruger, PhD of New York University and Nicholas Epley of the University of Chicago. They demonstrated that text-based communication only works about 56 percent of the time.

MBAs Doing Startups At Nearly Four Times The Rate Previously Thought

Poets & Quants - Jun 27, 2016 Among the FT‘s 25 schools, the lowest percentage of MBAs launching companies is the University of Chicago’s Booth School of Business at 14%, nearly five times the 3% of graduates in the Class of 2012 who started their own businesses.

Will Brexit cause EU recession?

Fox Business - Jun 24, 2016 Austan Goolsbee, former Economic Advisor to President Obama, on the impact of Britain leaving the European Union.

How Are Health Workers Putting An End To Guinea Worms?

NPR (includes audio interview - Jun 24, 2016 Professor Richard Thaler returns to the show to talk about how a nudge has essentially eradicated guinea worm disease in Africa.

How the housing markets in 5 U.S. cities may have cost you $5,000 in lost wages

WTTW - Jun 24, 2016 In a 2015 paper “Why Do Cities Matter? Local Growth and Aggregate Growth,” Moretti and Chang-Tai Hsieh, an economist at the University of Chicago, examined how the growth of U.S. cities affects national GDP. What they found was shocking — the housing markets in five U.S. cities prevented aggregate U.S. GDP from growing further, and in doing so may have cost the average American worker $5,000 in lost wages.

$35 Million Gift for New U of Chicago Entrepreneurship Center

WTTW Chicago Tonight (includes video) - Jun 24, 2016 Video: Trustee Michael Polsky and Clinical Prof. Ellen Rudnick explain vision for Polsky Center for Entrepreneurship.

The undercurrents of the Brexit vote

MSNBC - Jun 24, 2016 Economics professor Austan Goolsbee joins Morning Joe to discuss how the Brexit will impact the U.S. economy.

What Is A Nudge?

NPR (Includes audio interview) - Jun 24, 2016 How can a simple adjustment - a nudge - change our behavior for the better? Professor Richard Thaler says his "nudge theory" can make it easier for people to save money, eat healthily and more.

Smart-Beta ETFs: Not All Factors Are Created Equal

Yahoo Finance - Jun 23, 2016 “Academic research has shown that stocks characterized by smaller capitalizations, lower valuations, and higher profitability have delivered higher expected returns over time,” Schneider said. Specifically, Schneider pointed out that a study conducted by University of Chicago Professor Eugene Fama and Dartmouth College Professor Kenneth French found that focusing on smaller stocks and those with lower relative prices may improve a portfolio’s expected return.

Jaitley Defends Leading India Central Bank Candidate From Attack

Bloomberg - Jun 22, 2016 Swamy, who holds a doctorate in economics from Harvard University, questioned Subramanian’s allegiance to India for remarks to the U.S. Congress in 2013 on Twitter. Swamy made similar attacks against Rajan, calling him “mentally not fully Indian" due to his time at the IMF and University of Chicago.

A Free Lunch for America

U.S. News & World Report - Jun 21, 2016 America needs a new air traffic control system; better bridges and roads; pipes without lead; a more efficient power grid; and so on. When the Booth School of Business at the University of Chicago (IGM) polled a diverse panel of prominent economists in 2014, 98 percent agreed that "the federal government has an opportunity to increase average incomes by spending more on roads, railways, bridges and airports."

The Curse of the Loyal Sports Fan

The Atlantic - Jun 21, 2016 Conventional wisdom has it that the Cubs are either cursed—by a billy goat, a black cat, a fan whose name we shall not speak—or, less cosmically, just plain unlucky. But are they really? A University of Chicago economist, Tobias Moskowitz, asked the same question a few years back and arrived at a startling conclusion: The main source of the Cubs’ curse was the fans themselves. They are too loyal.

Richard Thaler on behavioral economics, investing

CNBC - Jun 21, 2016 Richard Thaler, an expert on behavioral economics as well as the psychology behind decision-making, explains how the average investor can use the science to develop winning strategies.

Alternative investing has been a huge disaster

MarketWatch (includes video) - Jun 21, 2016 Article includes the following video: Richard Thaler: 'Brits are voting with their guts'--U.K. voters head to the polls to decide if they should leave the EU. Are they voting with their heads or their hearts? MarketWatch asks Chicago Booth Business School Professor Richard Thaler, a pioneer of behavioral economics.

Morning Spin: Rauner spells out what it would take to cut budget deal with Democrats

Chicago Tribune - Jun 21, 2016 Democratic U.S. Senate hopeful Tammy Duckworth's campaign will hold a conference call with reporters, where University of Chicago economist Austan Goolsbee, a former adviser to President Barack Obama, will criticize Republican Sen. Mark Kirk's views on economic issues.

India loses its vital central banker

Bloomberg - Jun 21, 2016 The government has the right to choose the head of the Reserve Bank of India, and no individual -- not even an international financial superstar such as Rajan, who said he plans to return to academia when his term ends in September -- is bigger than the bank itself. At the same time, the circumstances of Rajan’s departure have left global investors with a few unfortunate impressions. It’s important for the government to dispel these as quickly as possible in order to shore up its credibility and the bank’s. The first is the ugly implication that Rajan was eased out because he wasn’t “fully Indian,” in the words of Subramanian Swamy, an upper-house legislator from the ruling Bharatiya Janata Party. Rajan, of course, despite spending most of his career at the University of Chicago, is an Indian citizen; his real sin appears to have been to criticize the government obliquely in a widely publicized speech decrying rising intolerance. Article also appears in Business Mirror (Philippines), W3LiveNews (Australia) and NDTV (India).

Raghuram Rajan Says He’ll Step Down as Head of India’s Central Bank

New York Times - Jun 20, 2016 The governor of India’s central bank, Raghuram G. Rajan, announced on Saturday that he would step down in September and return to academia, ending a three-year tenure that enhanced India’s standing in international markets but frustrated conservatives and small business owners eager for deep interest rate cuts.

Raghuram Rajan Plans to Return to Academia

Bloomberg - Jun 20, 2016 Indian rupee forwards fell Monday after central bank Governor Raghuram Rajan said he will be leaving the top position when his term expires in September. Bloomberg's Nisid Hajari reports on "Trending Business."

India’s Modi Faces Big Choice on Economy

Wall Street Journal - Jun 20, 2016 The 53-year-old Mr. Rajan, a former chief economist at the International Monetary Fund who had spent much of his academic career at the University of Chicago, joined the Indian government as an adviser in 2012. He won plaudits from economists for boosting the bank’s independence and focusing on curbing chronically high inflation.

Richard Thaler: 'Brits Are Voting With Their Guts'

MSN-Money (includes video) - Jun 20, 2016 U.K. voters head to the polls to decide if they should leave the EU. Are they voting with their heads or their hearts? MarketWatch asks Chicago Booth Business School Professor Richard Thaler, a pioneer of behavioral economics.

Amid Controversy, India's Reserve Bank Chief Announces Resignation

NPR - Jun 20, 2016 There were insinuations about Rajan's credentials and even loyalties. Rajan received degrees from prestigious universities in India and the United States and taught finance at the Booth School of Business at the University of Chicago. But the Express said, the BJP "saw red in his American CV." BJP Parliamentarian Subramanian Swamy launched a no-holds-barred attack on him in May, accusing Rajan of wrecking the economy with his interest rate policy and then said the RBI Chief was "mentally not Indian."

Where To Find Growth In A No-Growth World: Dividends!

Forbes - Jun 20, 2016 “The next 12 to 18 months will not be overly great,” said Austan Goolsbee, former White House economist and University of Chicago professor on Tuesday. “The economy will grow in the 2% range.” Goolsbee was speaking at the annual Morningstar investment conference in Chicago.

Rajan Jolts India With Move to Exit After Being Scolded on Rates

Bloomberg (Includes video) - Jun 20, 2016 Rajan is currently on leave from the Chicago Booth School of Business. India’s central bank chiefs are appointed by the prime minister in consultation with the finance minister. Ten of 22 governors -- including Rajan’s three immediate predecessors -- served at least five-year terms. Two of them -- in 1937 and 1957 -- resigned earlier due to differences with the government.

IEX Outduels Citadel, NYSE as ‘Flash Boys’ Exchange Approved

Bloomberg - Jun 20, 2016 “The gestalt of the design, the Michael Lewis book and IEX’s marketing -- all of those things together have made it a referendum on an industry, more than a 350-microsecond speed bump on its own might warrant,” said Eric Budish, an economics professor at the University of Chicago’s Booth School of Business.

Thaler: Trump Is a 'Thinking With Your Gut' Candidate

Bloomberg - Jun 17, 2016 Richard Thaler, professor of behavioral science and economics at the University of Chicago Booth School of Business, comments on the U.S. presidential election. He speaks with Bloomberg's Scarlet Fu on "What'd You Miss?"

Where To Find Growth In A No-Growth World: Dividends!

Forbes - Jun 17, 2016 “The next 12 to 18 months will not be overly great,” said Austan Goolsbee, former White House economist and University of Chicago professor on Tuesday. “The economy will grow in the 2% range.” Goolsbee was speaking at the annual Morningstar investment conference in Chicago.

There is such a thing as 'too much profit' — here's why

Business Insider - Jun 17, 2016 For Chad Syverson, professor of economics at the University of Chicago Booth School of Business, it's incorrect to equate short-termism - which the Roosevelt Institute defines as "a corporate philosophy that prioritizes immediate increases in share price and payouts at the expense of long-term business investment and growth" - with prioritizing shareholder value, with maximizing profits.

Stirring Trouble With Richard Thaler, The Father of Behavioral Economics

All Things Considered - Jun 17, 2016 Richard Thaler, a professor at the University of Chicago Booth School of Business, is considered the father of behavioral economics. In his latest book, “Misbehaving,” he takes a humorous look back at the creation of the field, and its greatest successes.

Thaler: Won't Know What Happens If Brexit Approved

Bloomberg TV (includes video) - Jun 16, 2016 Booth School of Business Professor Richard Thaler weighs in on a possible Brexit. He speaks with Scarlet Fu on "Bloomberg Markets."

Shareholders Are Disappearing Before Our Eyes

Wall Street Journal - Jun 16, 2016 Being an outside shareholder in a company that goes dark will remind you why Justice Brandeis wrote that “sunlight is said to be the best of disinfectants.” Dark companies trade mainly in the “pink sheets” on the over-the-counter market, and their shares tend to dive when they go dark (Professor Christian Leuz's paper "Why do firms go dark? Causes and economic consequences of voluntary SEC deregistrations").

Schlesinger’s Take: How the SEC Boosted Mine Safety

Wall Street Journal - Jun 16, 2016 But whether it’s appropriate policy or not, there’s new, surprising evidence that mandated disclosures may succeed in changing corporate behavior. That’s the conclusion of a recent study by a team of academics from the University of Chicago’s Booth School of Business (Hans Christensen and Mark Maffett) and Rice University’s Jones Graduate School of Business.

It’s Probably Cheaper on the Web, Adobe’s Online Price Index Shows

New York Times - Jun 15, 2016 Austan Goolsbee, a former chairman of President Obama’s Council of Economic Advisers, who has been helping Adobe develop its index, said the Adobe figures suggest that the government’s index could be underestimating deflation, or the overall fall in prices, in the economy. “Large parts of the economy, a fast-growing part, is now e-commerce-oriented,” Mr. Goolsbee said. “And Amazon’s prices are much cheaper, and if everybody’s doing their shopping on Amazon, then that should properly be taken into account in the inflation rate in a way it isn’t now.”

Four Ways Your Leadership May Be Encouraging Unethical Behavior

Forbes - Jun 15, 2016 Nick Eply, Professor of Behavioral Science at the University of Chicago, in Four Myths about Morality and Business, says, “It’s a myth to think, ‘Everyone is different and everything is relative.’ You actually have to teach people the relative value of principles relative to choices.”

Economic Asteroids! No Interest Rate Hike Expected From Fed Yet

NPR (includes audio) - Jun 15, 2016 Another positive thing on the Fed's dashboard, the official unemployment rate is now at 4.7 percent. Randall Kroszner is an economist with the University of Chicago and a former Fed governor. He says in some ways we're better off than we were before the recession hit. "The number of jobs is higher than it was before the financial crisis," he says. "GDP is higher than it was before the financial crisis."

3 Things to Know About Finding a Financial Advisor

U.S. News & World Report - Jun 13, 2016 Not every financial advisor is trustworthy. Researchers at the University of Chicago and the University of Minnesota created a database of financial advisors that represented about 10 percent of the sector from 2005 to 2015. That found that 7 percent of advisors had misconduct records, but 44 percent of those were able to land new jobs at another firm within a year. "One could argue those that are hiring have less standards ... on what sort of advisors can work for them," said Amit Seru, a co-author of the report. "Maybe they think they can get away [with] hiding these guys."

Former Obama adviser Goolsbee says U.S. economy will plod along

Chicago Tribune - Jun 15, 2016 "Economists have predicted a surge that could not happen because they were anticipating a return to the period before the financial crisis," said Austan Goolsbee, who is now an economics professor at the University of Chicago Booth School of Business.

Why the Conventional Wisdom About Investing in Volatile Markets May Be Wrong

Wall Street Journal (blog) - Jun 14, 2016 In a blog posted today in the Wall Street Journal, alum Peter Hecht writes, "My dissertation adviser and 2013 Nobel Prize winner, Eugene Fama, always encouraged me to challenge my views by exploring the historical data. Although preliminary and incomplete, I recently decided to follow Fama’s wise evergreen advice and began analyzing the longest available monthly U.S. stock-market historical return series, 1926-2016 (the data is from the website of Fama’s longtime collaborator, Ken French, and is gross of fees and transaction costs)."

Got a disruptive technology? Better budget for lawyers and lobbyists

Crain's Chicago Business - Jun 13, 2016 Startups long have bumped up against lawsuits and new laws in creating new business models. During the dot-com boom, it was Napster and copyright laws. “With each new technology, we're going to have, at best, legal gray areas and, at worst, Silk Road,” the notorious online black market, says Waverly Deutsch, who teaches entrepreneurship at the University of Chicago's Booth School of Business. “That's just a fact of life. This generation of entrepreneurs are new to this, but investors are not.”

'Shark Tank' Holds Casting Call in Chicago

NBC Chicago - Jun 13, 2016 An open public casting call held at Studio Xfinity on Monday is guaranteed for the first 500 applicants that attend. A private event is scheduled to be held Tuesday at the University of Chicago’s Booth School of Business. It is open only to students, alumni, faculty, staff and community partners of the university, according to the Chicago Tribune.

Shark Tank is hunting Chicago entrepreneurs next week for ABC show

Chicago Tribune - Jun 09, 2016 Shark Tank” is making a pair of stops in Chicago next week, searching for entrepreneurs fit to pitch on the ABC show's eighth season. Tuesday’s event is scheduled for 10 a.m. to 1 p.m. in the Harper Center at the University of Chicago's Booth School of Business. It’s open to university community members, including students, faculty, staff and alumni, said Mary Naset, a Booth spokeswoman.

Modi-fying India's Business Relations With The US

Forbes - Jun 10, 2016 Modi may not be the rapid liberalizer some perhaps unrealistically hoped for, but almost all of the US companies I met were excited to understand whether the positive pro-investment rhetoric was being matched by action on the ground. Add to this the warm regard many feel towards India’s central bank governor, Raghuram Rajan, a former professor at the University of Chicago and chief economist at the International Monetary Fund, and you start to see why many view India more positively these days.

Chicago book news: New book details the history of Empty Bottle

Chicago Tribune - Jun 09, 2016 The paperback edition of "Misbehaving: The Making of Behavioral Economics" by Richard H. Thaler will be published by W.W. Norton June 14. Thaler explores behavioral economics and argues that the central agents in the economy are error-prone humans and not fully rational, unbiased entities. Thaler is an economics professor at the University of Chicago.

How to Do a Background Check on Financial Advisers

New York Times - Jun 08, 2016 As many as 20 percent of brokers at some of the country's largest financial institutions have disciplinary records, according to a March study by researchers at the University of Chicago (Gregor Matvos) and the University of Minnesota.

The Four Traits Of Highly Successful CEOs

WBEZ Radio - Jun 08, 2016 The Chicago Booth Review from the University of Chicago Booth School of Business wanted to get beyond the anecdotes about corporate leadership to actually quantify the qualities that people in the C-suite need to succeed. Morning Shift talks to Hal Weitzman, editor-in-chief of the Chicago Booth Review, about what the objective analysis reveals about leadership qualities.

The Morning Risk Report: 4 Myths About Ethics

Wall Street Journal (blog) - Jun 07, 2016 Being aware of four of the biggest myths about ethics can help organizations avoid some of the pitfalls that can prevent them from instilling the proper foundation of ethics within their employees, one professor said. Speaking last Friday at the Ethics By Design conference in New York presented by the Ethical Systems/Behavioral Science and Policy Association, Nicholas Epley, professor of behavioral science at the University of Chicago’s Booth School of Business, identified the four myths as: thinking that you can tell good guys from the bad guys by sight; thinking people who commit bad acts do so because they have bad intentions; thinking ethical actions are guided by ethical reasoning; and thinking everyone is different when in fact we share many similarities that are easy to overlook.

India's Central Bank Chief Is an Economic Asset

Bloomberg - Jun 06, 2016 (Raghuram) Rajan, a distinguished University of Chicago scholar and former chief economist of the International Monetary Fund, is best known for anticipating the 2008 subprime lending crisis. His record at the Reserve Bank of India speaks for itself.

A behind-the-scenes force may explain the awful jobs report, says ex-Obama aide

CNBC - Jun 03, 2016 On CNBC’s Squawk Box this morning, University of Chicago professor Austan Goolsbee suggested we may be returning to normal Productivity rates in the U.S. workforce.

Head-Scratcher Time: BLS Jobs at 38K Well Short of Estimates

Yahoo! - Jun 03, 2016 On CNBC’s Squawk Box this morning, University of Chicago professor Austan Goolsbee suggested we may be returning to normal Productivity rates in the U.S. workforce. This would somewhat explain the drastic drop in employment as well as the March and April revisions lower.

Climb the corporate ladder with New Venture Challenge winner TransparentC

Chicago Tribune - Jun 03, 2016 A startup that wants to help workers find better jobs via data analysis won this year’s New Venture Challenge at the University of Chicago — and a $90,000 prize.

American Economy Hamstrung by Vanishing Startups, Innovation

Bloomberg - Jun 02, 2016 By contrast, entrepreneurs were “a major source of innovation and productivity growth for the economy as a whole in the 1980s and 1990s,” according to Haltiwanger and co-author Steven Davis, a University of Chicago business professor.

Thaler: Our Fund is Reaching a Tipping Point

Bloomberg - Jun 02, 2016 Richard Thaler, professor at the Chicago Booth School of Business and author of Misbehaving: The Story of Behavioural Economics, said his Undiscovered Managers Behavioural Value Fund is getting so large that he and his team are considering closing it but nothing formal has been decided. He also applied his behavioural economics strategies to a discussion on the Fed with First Word Europe’s Jonathan Ferro.

Four Crucial Traits Of CEOs

Forbes - Jun 01, 2016 Research from Steve Kaplan of Chicago University’s Booth School of Business and Morten Sorensen of Copenhagen Business School suggests that the crucial success indicators are pretty much what we always thought they were. Having analyzed more than 2,600 detailed profiles of candidates for CEO, Chief Financial Officer, Chief Operations Officer and other senior positions, they have come up with four factors that statistically determine who will become a CEO. They are general ability, execution skills, charisma and creativity/strategy.

Economist Austan Goolsbee: “I don’t think there is a rosy scenario for the near future”

WGN Radio (includes audio) - Jun 01, 2016 Austan Goolsbee, Economics professor at the University of Chicago’s Booth School of Business and former Chairman of the Council of Economic Advisers, joins Justin to talk about the current state of the economy, what we should expect moving forward, the secret of talking about the economy to real people, how the presidential candidates differ on their views of the economy, the cost of running for political office and its relationship to big money and big industry and what it was like for him to be an economic adviser to the Obama administration during a financial crisis.

India abuzz over future of its ‘rock star’ central banker

Washington Post - Jun 01, 2016 It’s hard to find a government official in India with more star power than Raghuram Rajan, a University of Chicago finance professor who is governor of India’s central bank. Rajan, 53, perhaps best known for predicting the global financial meltdown of 2008, has served as the chief of India’s central bank since 2013, earning widespread praise for his sure-handed oversight of the economy.

MEDIA OUTSIDE THE U.S.

Neither rigged nor fair

The Economist - Jun 23, 2016 For those who think the system of executive pay in the rich world is working as it should, such egregious stories are just that—anomalies. “In a sample of lots of firms, some things will always look bad, and some unreported things will be great,” says Steven Kaplan of the University of Chicago Booth School of Business.

Rajan ideal candidate to head IMF post RBI job: Ex-colleague

CNBC TV 18 Moneycontrol - Jun 21, 2016 Incumbent Reserve Bank Governor Raghuram Rajan will leave his job after bringing under control inflation even as economic growth is high, says Luigi Zingales, finance professor at the University of Chicago. Rajan and Zingales co-wrote the renowned bestseller Saving Capitalism from the Capitalists.

India central bank chief Raghuram Rajan to stand down

Financial Times - Jun 20, 2016 Mr Rajan’s Saturday announcement that he has decided to return to academia — he was a University of Chicago business school professor before returning to India to work in government — ends weeks of fevered speculation over his future.

Murthy bats for a second term for Rajan

CNBC TV 18 MoneyControl - Jun 16, 2016 Joining the chorus for a second term for RBI Governor Raghuram Rajan, Infosys founder and IT doyen N R Narayana Murthy on June 16 said the former IMF chief economist deserves at least two more terms for all the "great job" he has done. ...Rajan is currently on leave from the Chicago Booth School of Business, where he holds the post of Distinguished Service Professor of Finance. Article also appears in Deccan Herald, Business Standard, Times of India, IndiaToday.in, Zee News, OutlookIndia.com, Economic Times and IndiaTVNews.

London Business School raises £125m in first fundraising

Financial Times - Jun 15, 2016 Donations to UK business schools are increasing. But while these institutions get individual donations in the tens of millions of pounds, their US counterparts are cashing cheques 10 times as big, such as the $300m handed to the University of Chicago Booth School of Business in 2008 by David Booth, founder of an investment firm.

Guv Rajan taking right steps to tackle NPAs: Luigi Zingales

CNBC TV18 Moneycontrol (includes video) - Jun 14, 2016 Watch the interview of Luigi Zingales Professor - Finance Booth School of Business with Ronojoy Banerjee on CNBC-TV18, in which he shared his views on global economy, Brexit, US politics and policies, RBI governor Raghuram Rajan's second term and much more.

Rajan Turns Spotlight on Modi as His Future in India Still Murky

Bloomberg - Jun 07, 2016 With a brief and humorous statement on Tuesday, Indian central bank Governor Raghuram Rajan deftly threw the ball into the government’s court regarding questions about his future. "It will be cruel for me to spoil the fun the press is having with all this speculation," Rajan said with a grin in his customary press briefing after monetary policy decisions. “I’m personally intrigued by all the letters I’m supposed to have written." ...It’s not as if Rajan is desperate for a job. He is currently on leave from the University of Chicago, where he has taught on and off for more than a decade.

India Inc backs second term for RBI governor Raghuram Rajan

The Times of India - Jun 02, 2016 A former chief economist of the International Monetary Fund (IMF), Rajan is currently on leave from the Chicago Booth School of Business, where he holds the post of Distinguished Service Professor of Finance.

CII president backs second term for Rajan

The Times of India - Jun 02, 2016 A former chief economist of the International Monetary Fund (IMF), Rajan is currently on leave from the Chicago Booth School of Business, where he holds the post of Distinguished Service Professor of Finance.

LinkedIn University Ranking Based on Career Outcomes

Sohu.com - Jun 02, 2016 LinkedIn, world’s largest professional networking site, released a graduate school ranking based on career outcomes of accounting and finance major. Chicago Booth ranked No.17 in the ranking within finance major.

Associate Dean of U.S. Business School: Graduates Should Avoid Blindly Following the Trend of Innovation and Entrepreneurship

Beijing Evening News - Jun 02, 2016 Recently, the University of Chicago booth School of business (Hong Kong) Vice President Gao Weilin (William W.Kooser) to visit Beijing to participate in activities of the Alumni Association of the University of Chicago booth School of business in China. 6 booth school entrepreneurial Alumni share their business experiences, successes and challenges experienced.

ALUMNI

Wesley Gray on a Source of Persistent Alpha

Bloomberg (podcast) - Jun 30, 2016 This week on our Masters in Business podcast, we speak with Wesley Gray, founder of Alpha Architect, a financial advisory firm that, among other things, offers robo-adviser services -- automated investment management via the internet, mainly in passive funds. During our discussion, Gray, a former captain in the U.S. Marine Corps and a veteran of the war in Iraq, described how being trained and well versed in military history and tactics are applicable to Wall Street. He also holds a Masters in Business Administration and a doctorate in finance from the University of Chicago.

Former Campbell CEO David Johnson Passes Away at Age 83

Business Wire/Yahoo! - Jun 27, 2016 Johnson graduated from the University of Sydney with a degree in economics and earned an MBA from the University of Chicago.

Community 1st Bancorp Names Bill Martin and Richard Jacinto II to the Board of Directors

Business Wire/CNBC/Yahoo! - Jun 17, 2016 Born and raised in Sacramento, Jacinto earned an MBA from the University of Chicago and has a Bachelor of Science degree in Business Administration from UC Berkeley.

CPG International Appoints Jesse Singh as New Chief Executive Officer

Business Wire/NBC/Fox - Jun 03, 2016 Prior to joining 3M, Mr. Singh spent several years in general management, marketing and account management for GE and led a part of Arthur Andersen’s business consulting practice in Minneapolis. He holds a bachelor’s degree from Rensselaer Polytechnic Institute in New York and an MBA from the University of Chicago.

Exact Sciences Appoints Jeff Elliott to Lead Business Development & Strategy

PR Newswire/Fox/NBC - Jun 03, 2016 He earned a Bachelor of Science in Business Administration from the University of Illinois at Urbana-Champaign and a Master of Business Administration from the University of Chicago Booth School of Business. Mr. Elliott is a CFA charterholder.

Dialectic Capital Delivers Letter to Covisint Board

PR Newswire/Bloomberg - Jun 02, 2016 Mr. (John) Mutch holds a B.S. in Economics from Cornell University and an M.B.A. from The University of Chicago.

STUDENTS

Brazilian Ex-Banker Makes The Triple Jump Just Three Months Into Chicago Booth MBA

Business Because - Jun 27, 2016 Sao Paulo-based former banker Giuliana Reis knew she wanted to make the triple jump when she applied to Chicago Booth. She just didn't plan on it happening so quickly.