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San Francisco Chronicle: "VP debate moderator dissed"

10/06/2016

San Francisco Chronicle: "VP debate moderator dissed"

Moderator Elaine Quijano of CBS News addresses the audience before the debate between Republican vice-presidential nominee Gov. Mike Pence and Democratic vice-presidential nominee Sen. Tim Kaine at Longwood University in Farmville, Va., Tuesday, Oct. 4, 2016. Photo: David Goldman, AP

“Gentlemen, please!”

History may remember vice presidential debate moderator Elaine Quijano’s desperate plea to shush the candidates talking over each other — and her — as the theme to a forgettable evening.

Quijano’s moderation of the throw down between Democrat Tim Kaine and Republican Mike Pence didn’t go over well with some people. Former top Obama adviser-turned-CNN pundit David Axelrod tweeted that she “seems intent on running through her questions, even when significant exchanges are happening.” Slate said she did a “disastrous” job, losing “control of the debate early on, and never regained it.”

But Vox’s Dara Lind, hit another note, saying Kaine “was particularly querulous and disappointing. He’s running as a man who respects women, and in his only debate he simply didn’t show it.”

Perhaps, as Jessica Lavariega Monforti, a professor of political science at Pace University in New York, told The Chronicle, the two white male candidates “were more comfortable interrupting a woman — a woman of color” than they might have a man. Quijano, who is Filipina American, is the first Asian American to moderate a debate in a general-election presidential campaign.

http://www.sfchronicle.com/politics/article/VP-debate-moderator-dissed-UFW-for-Kamala-Harris-9803006.php

 

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The Hill's Congress Blog: "Trade-equilibrium vs trump's trade wars and tariffs"

10/06/2016

The Hill's Congress Blog: "Trade-equilibrium vs trump's trade wars and tariffs"

American trade deficit is responsible for losing millions of American jobs, writes Narendra C. Bhandari, Ph. D., Professor of Management at Pace University’s Lubin School of Business in New York. Many noteworthy suggestions have been made for bringing it under control. It is, therefore, important to evaluate the pros and cons of each relevant approach (recent or old) before selecting, rejecting, or modifying it. Earlier, I made a comparison of Buffett's Import Certificates plan with my Trade Equilibrium theory to solve the problem (Bhandari, The Hill, Sept. 4, 2016).

In the current article, I am comparing the relative merits of Mr. Donald Trump's trade plan (source: his website) with my theory of Trade Equilibrium; using some of their important topics. Unfortunately, neither Mr. Trump, nor Mrs. Clinton, presented any realistic ideas to eliminate our trade deficit and bring jobs back home during their first debate.

Read more: http://thehill.com/blogs/congress-blog/economy-budget/299470-trade-equil...

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San Francisco Chronicle: "In VP debate, Pence calmly parries Kaine’s jabs at Trump"

10/05/2016

San Francisco Chronicle: "In VP debate, Pence calmly parries Kaine’s jabs at Trump"

Photo: Mark Wilson, Getty Images

. . . So who won? “I would say in terms of substance I think that Kaine clearly won,” said Jessica Lavariega Monforti, a professor of political science at Pace University in New York. “But in terms of sounding calm and stable and dependable, Mike Pence was ahead in terms of style. But I don’t know if he defended Trump the way Kaine defended Clinton.”

Lavariega Monforti said Pence’s performance might have “stemmed the hemorrhaging” the GOP ticket has endured since Trump’s horrid performance at last week’s first presidential debate. Over the past few days, Clinton has ticked ahead by three percentage points in swing states like North Carolina and Nevada and two points in Florida. Trump leads in Ohio.

What could an undecided voter learn from Tuesday? “I don’t think many minds were changed this evening,” Lavariega Monforti said. “The Republican candidates are still trying to talk to their base. I think Kaine did yeoman’s work in trying to defend Clinton. But for people not already supporting Clinton, there wasn’t a lot of things he said that would have changed their minds.”

Read more: http://www.sfchronicle.com/politics/article/In-VP-debate-Pence-calmly-parries-Kaine-s-jabs-9714510.php

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Bloomberg BNA: "Boost in Accounting Disclosure Requirements Likely"

10/04/2016

Bloomberg BNA: "Boost in Accounting Disclosure Requirements Likely"

Sept. 27 — Companies would generally see an increase in financial reporting under Financial Accounting Standards Board proposals addressing disclosure requirements in four areas.

The four areas are fair value measurement, employee benefit plans, income taxes and inventory, FASB Vice Chairman James Kroeker said.

The proposals, issued separately and at different dates, stem from FASB’s disclosure framework initiative. The disclosure framework seeks to improve the effectiveness of disclosures in the notes to financial statements.

The board decided to test the principles in the disclosure framework to accounting standards for fair value measurement and pensions because its constituents questioned whether or not disclosures for those rules were too excessive. Alternately, standards on income tax and inventories were picked because of questions from the board’s constituents about whether or not the disclosures were sufficient.

“Income taxes particularly as it relates to foreign source earnings is an area where investors rightly say we could use some more information to understand the situation,” Kroeker said. Similarly, under current inventory rules there are very little disclosure requirements today, he said.

Overload

FASB started the disclosure framework initiative after feedback from its stakeholders who said disclosure overload in financial reporting should be expeditiously addressed. Disclosure overload has generated substantial debate for years.

“I would say almost across the board there’s an increase even in the areas where people think that there is potentially significant disclosure, or you hear the term disclosure overload used,” Kroeker said Sept. 26 at a financial reporting conference. His comments were in response to a question posed about whether—generally speaking—companies would see more, less or the same amount of disclosure requirements as a result of FASB’s proposals.

The question was posed by a conference session moderator, Leslie Seidman, executive director of the center for excellence in financial reporting at Pace University’s Lubin School of Business during discussions about various disclosure proposals. Seidman is a former FASB chairman.

Read more: http://www.bna.com/boost-accounting-disclosure-n57982077918/

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Marketplace: "The dangerous world of the Internet of Things"

10/03/2016

Marketplace: "The dangerous world of the Internet of Things"

 

. . “I think bug bounties are a great idea,” said Darren Hayes, assistant professor of security and computer forensics at Pace University. “And these bug bounties are devised to offer rewards to people who find a vulnerability in their product and inform the company. And then they get a reward.”

The upshot, Hayes said, is if you want your connected fridge, thermostat or DVR to be secure, you'll have to pay more. Because for these products, high quality means more security.

Listen to the story: http://www.marketplace.org/2016/09/30/world/dangerous-world-internet-things

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Law360: "Rumored Reduction In Deutsche Bank Fine Has Critics Howling"

10/03/2016

Law360: "Rumored Reduction In Deutsche Bank Fine Has Critics Howling"

 . . .The rumored reduction in the fine Deutsche Bank will end up paying sent a signal to global markets that while the U.S. wanted to get tough on banks, it did not want the Justice Department to be a source of systemic risk, added John A. James, a professor at Pace University’s Lubin School of Business.

"A reduction from $14 billion to about $5 billion should calm the global financial markets about another possible collapse and the impact on stock exchanges and bond prices," he said.

Read more: http://www.law360.com/whitecollar/articles/846801

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New York Post: "Deutsche Bank rebounds after DOJ settlement scare"

10/03/2016

New York Post: "Deutsche Bank rebounds after DOJ settlement scare"

. . . “I don’t see anything that Deutsche Bank has done that deserves their being in a position to put their country, and the whole of the eurozone, into greater uncertainty,” John Alan James, a professor at Pace University’s Lubin School of Business, told The Post.

Read more: http://nypost.com/2016/09/30/deutsche-bank-rebounds-after-doj-settlement-scare/

 

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Fortune: "What It Will Take for This Fast-Growing Chain to Become the Next Chipotle"

10/03/2016

Fortune: "What It Will Take for This Fast-Growing Chain to Become the Next Chipotle"

Photo: Dominik Stein and Michael Heyne, co-founders of VERTS Mediterranean Grill

. . . “They will need really qualified people who know logistics and strategy and how to run a restaurant in the New York region,” says Bruce Bachenheimer, clinical professor of management and director of the Entrepreneurship Lab at Pace University.

Read more: http://fortune.com/2016/09/30/small-chain-chipotle/

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Pace University Opens First Design Factory Hub in New York City

09/30/2016

PACE UNIVERSITY OPENS FIRST DESIGN FACTORY HUB IN NEW YORK CITY

Official Partnership, Only the Second in U.S. and 11th in the World, Allows New York Students to Work with Leading Companies Like Porsche, Nokia and Others

NEW YORK – Pace University today opened the first-ever Design Factory Global Network (DFGN) institute in New York City, only the second DFGN hub in the United States and the eleventh in the world. This innovative collaboration connects Pace University students with companies all over the world to provide creative solutions to real, design-based problems through project-based learning. It builds on a previous partnership with the Design Factory Global Network, which has fostered relationships with leading industry organizations like Nokia, Porsche, Infinion and others.

The New York City Design Factory is an official part of the Design Factory Global Network. The Design Factory Global Network is a consortium of eleven universities around the world that leverages design thinking through a highly effective, project-based-learning approach. The DFGN hub, to be housed at the Seidenberg School of CSIS at Pace University’s New York City Campus, will occupy a new state-of-the-art studio space designed specifically for collaborative learning.

“The Design Factory program is one of the most exciting educational opportunities I have been involved with in 30 years in higher education. The students and their company partners learn together how to create better solutions and better products,” said Jonathan H. Hill, Dean of the Seidenberg School of Computer Science and Information Systems at Pace University. “Innovative thinking, creative problems solving and entrepreneurial skills are what the Design Factory focuses on developing. Its unique mix of academic theory, hands-on applied work and real world corporate sponsors perfectly complements the technology industry workplace our students will graduate into.”

“The most important shared quality by all DFGN institutes is the passion to strive for the best learning experience and outcome. In this sense, Pace has the most committed coaches and students!" said Kalevi Ekman, Chair of Product Development at the Department of Mechanical Engineering at Aalto University and Founder of the Design Factory Global Network. “Design Factory Global Network can learn so much from Pace – the true American drive and perseverance combined with scientific rigor.”

“The New York City Design Factory will provide the kind of exciting opportunities we need more of, fostering collaboration and partnerships between students and industry,” said Manhattan Borough President Gale A. Brewer. “Facilities like this one, and the project-based learning they facilitate, benefit students, local industry, and the city as a whole.”

In addition to the construction of the physical Design Factory, Pace University also announced the creation of the Product Development Project, inspired by a similar program at Aalto University in Helsinki. Through this problem-based-learning program, teams of students spend a semester creating and prototyping solutions to industry provided challenges. Overall, the Factory provides a foundation for Pace University to collaborate with innovative institutions and their faculty, as well as students on five continents. This proven model for collaboration with industry, allows companies to benefit from the creativity and outside perspective of Pace University students while simultaneously providing an opportunity to find and hire new talent. It also provides Pace University students with a unique, international and interdisciplinary learning experience.

Pace University Students have already participated remotely in the Product Development Project course at Aalto University in Finland, as well as the Product Innovation Project course at Graz University of Technology in Austria. They have developed innovative solutions for industry leading companies, including a smart shoe concept for Nokia, suggestions for rethinking the future of used car dealerships for Porsche Austria, and 3D imaging use cases for Infinion, among others.

About Design Factory

The original Design Factory was born in Helsinki, Finland from a research project focused on creating an ideal physical and mental working environment for product developers and researchers. Today Aalto Design Factory (ADF) is one of the spearhead projects and one of the first physical manifestations of Aalto University encouraging and enabling fruitful interaction between students, researchers, and professional practitioners. Demand for similar programs throughout the world gave way to the Design Factory Global Network (DFGN), a network of innovation hubs in universities and research organizations in five continents of the world. DFGN is on a mission to create change in the world of learning and research through passion-based culture and effective problem solving. Shared understanding and common ways of working enable Design Factories in the network to collaborate efficiently across cultures, time zones and organizational boundaries fostering radical innovations.

About Pace University

Since 1906, Pace University has produced thinking professionals by providing high-quality education for the professions with a firm base in liberal learning amid the advantages of the New York Metropolitan Area. A private university, Pace has campuses in New York City and Westchester County, enrolling almost 13,000 students in bachelor’s, master’s, and doctoral programs in its College of Health Professions, Dyson College of Arts and Sciences, Lubin School of Business, School of Education, Elisabeth Haub School of Law and Seidenberg School of Computer Science and Information Systems.

Sara Morell / 646-200-5291

sara.morell@berlinrosen.com

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WABC-TV Eyewitness News: "This woman gave hugs to distressed people after Hoboken train crash"

09/29/2016

WABC-TV Eyewitness News: "This woman gave hugs to distressed people after Hoboken train crash"

HOBOKEN, New Jersey (WABC) -- A woman who walked into the aftermath of the Hoboken train crash said she helped those in distress by giving them hugs.

Camille Marino, a student at Pace University, told Eyewitness News she had just gotten off her train and was walking up into the hub when she realized people were moving faster than normal -- and the scene quickly got chaotic.

"Everyone was running everywhere and I had no idea what was going on so I continued to walk towards what appears to be the scene and I saw the entire ceiling was caved in," Marino said. "The train was through the building. People were like crippling off the train."

And the scene got worse.

"A lot of people were injured. The first thing I saw was this older man bleeding from his hand. Walking out. People were crying. It was really stressful to see all of that," she said.

She then jumped into action.

I just saw a lot of women were crying mostly and everyone looked really stressed out on the account of what happened. My immediate reaction was to give them hugs and help them walk out by themselves and just be there for them and comfort them," Marino said. "It's what I know what I can do and could offer them."

After seeing this tragedy up close, she offered advice to others.

"Definitely to be more aware when you are doing your commute. It gets regular to you and you come through this process every day, but anything can happen any time and tell everyone you love them before you leave in the morning," Marino said.

Click here to watch the interview with Camille Marino. 

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