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Westchester County Business Journal: "CFO of the Year awards honor 4"

10/03/2014

Westchester County Business Journal: "CFO of the Year awards honor 4"

Photo: Wainwright House in Rye

Outside of the boardroom, CFOs are often the least noticeable executives, but on Thursday evening, 15 of Westchester County’s top CFOs were honored at the 2014 CFO of the Year Awards.

Held at the Wainwright House in Rye, the awards ceremony was presented by Westfair Communications and sponsored by McGladrey, Heineken, TD Bank and Rakow Commercial Realty Group. Fifteen nominees from both for-profit and nonprofit entities were presented for three awards in the Big Business, Midsize Business, and Small Business categories.

“The ability of a CFO to navigate financial reporting requirements, economic conditions and corporate policy is what makes the job difficult, and it’s this broad range of responsibilities that makes the CFO role so crucial, and so much more impressive when a person does it well,” said Leslie F. Seidman, a 2014 CFO of the Year awards judge and executive director of the Center for Excellence in Financial Reporting at Pace University’s Lubin School of Business.

Being an excellent CFO hasn’t been easy as of late in Seidman’s view.

“Companies and nonprofits have had to deal with a prolonged period of economic turmoil and technological changes,” Seidman said. “I think it’s fair to say that boards of directors, shareholders, donors, and others look to CFOs for financial acumen, leadership and forward thinking.”

Read more: http://westfaironline.com/66213/four-honored-at-2014-cfo-of-the-year-awards/

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Journal News: "Telehealth program reaches Westchester seniors"

10/03/2014

Journal News: "Telehealth program reaches Westchester seniors"

. . . How it works: Pace University undergraduate students trained as technicians visit senior centers, senior housing, houses of worship and other locations to measure blood pressure and other vital signs and see if they could benefit from nutrition, transportation and other support services. The data is transmitted to a graduate student nurse at Pace who reviews it and provides notes to be reviewed at the next session. The nurse intervenes when an immediate or serious health risk is detected. Each participant leaves the session with a "TIPS sheet" that includes the results of their vital sign tests, explanations of what they mean and, if needed, other information like referrals.

Read more: http://www.lohud.com/story/news/local/westchester/2014/10/03/westchesters-telehealth-programs-monitor-seniors-vital-signs/16607159/

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The Deal: "AIG Lawsuit Puts Spotlight on 2008 Financial Crisis Response"

10/01/2014

The Deal: "AIG Lawsuit Puts Spotlight on 2008 Financial Crisis Response"

. . . John James, a business professor at Pace University, suggested that the government may soon try to settle the case because otherwise it could become quite embarrassing for the Treasury Department, the Federal Reserve and individual high profile regulators. He added that Greenberg wouldn't have been able to mobilize the funds for the lawsuit unless he was able to convince other investors that he was correct or at least that it was an "incredible cause."

James argued that the trial will expose questions of governance and transparency, adding that even if AIG didn't have a choice about whether or not to accept the government's offer, that didn't mean the offer was fair and equitable. "I think it is worthy of a close examination," James said.

Read more: http://www.thestreet.com/story/12896845/1/aig-lawsuit-puts-spotlight-on-2008-financial-crisis-response.html

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Journal News: "Jessica Lynn: Homegrown talent"

09/30/2014

Yorktown Heights’ Jessica Lynn, a 24-year-old country singer on the rise, discusses how growing up in Westchester influenced her as a performer

. . . Though performing was always her passion, Lynn, knew she would need an alternative in case her music career never came to fruition, so she attended PACE University, earning a bachelor’s degree in mathematics and a master’s in special education. “I always wanted to really have a steady back up plan. That’s why, even though I was always doing music and always had something exciting going on in the music world, I thought it was really important to get my degree.”

Read more: http://www.lohud.com/story/entertainment/2014/09/30/jessica-lynn/16482395/

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CNBC: "UN climate change summit: Why politics are 'toxic'"

09/30/2014

CNBC: "UN climate change summit: Why politics are 'toxic'"

. . . Beyond the speeches and pledges of action this week, there is some hope to go on, said Karl Rábago, executive director of the Pace Energy and Climate Center at Pace Law School.

"From what I saw at the climate march and other events, I believe the needed changes are increasingly seen as unavoidable," Rábago said.

Read more: http://www.cnbc.com/id/102032341

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Businessweek: "Only Congress Can Crack Apple's Spy-Proof IPhones"

09/30/2014

Businessweek: "Only Congress Can Crack Apple's Spy-Proof IPhones"

. . . ”I suspect that the Department of Justice will lobby Congress quite heavily to force phone makers to create a backdoor,” says Darren Hayes, the director of cybersecurity at the Seidenberg School of CSIS at Pace University and a consultant to law enforcement agencies.

Read more: http://www.businessweek.com/articles/2014-09-29/government-spies-can-blame-themselves-for-apples-spy-proof-iphone

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Law360: "$56B AIG Trial Will Shine Harsh Light On Crisis-Era Tactics"

09/30/2014

Law360: "$56B AIG Trial Will Shine Harsh Light On Crisis-Era Tactics"

. . . The testimony could also spark new congressional debate over the New York Fed and its lack of oversight, according to John James, chairman emeritus of Pace University's Center for Global Governance, Reporting and Regulation.

"The political implications are tremendous," James said. "I don't know what it would take for some of the people who have it in for the Fed to say, 'Here we go again. It shows a lack of oversight.'"

Read more: http://www.law360.com/articles/581589/-56b-aig-trial-will-shine-harsh-li...

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Law360: "Pimco Co-Founder's Departure Signals Rough Ride For PE"

09/30/2014

Law360: "Pimco Co-Founder's Departure Signals Rough Ride For PE"

. . . In his new post at Janus, Bill Gross will be managing a small fraction — less than 10 percent — of the assets he has managed at Pimco, according to Joseph M. Pastore, a professor at Pace University’s Lubin School of Business.

Such a move, Pastore said, is curious, although he said it’s unclear whether the SEC's investigation will spread to other firms.

“The SEC is a little stronger these days in terms of its ability to go after issues — 2008, 2009, 2010, it was very slow," he said. "Whether they’ll take a closer look [at other companies and ETFs] is hard to know.”

Read more: https://www.law360.com/articles/581548/pimco-co-founder-s-departure-signals-rough-ride-for-pe

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Washington Post Answer Sheet blog: "Why college freshmen need to take Emotions 101"

09/30/2014

Washington Post Answer Sheet blog: "Why college freshmen need to take Emotions 101"

. . . Colleges would do well to go beyond the therapeutic model and integrate positive emotional skill-building into their orientations, their freshman seminars, and their dormitory lives. Pace University and McCaulay Honors College in New York City are already experimenting with this: Pace is incorporating a short course in emotion skills into their freshman seminar, and McCaulay purchased a mobile app for all of their freshman to help them recognize their feelings, make decisions about how to regulate them, and track them over time.

Read more: http://www.washingtonpost.com/blogs/answer-sheet/wp/2014/09/28/why-college-freshmen-need-to-take-emotions-101/

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Journal News: "Tappan Zee Bridge bill: $1B so far; more borrowing ahead"

09/30/2014

Journal News: "Tappan Zee Bridge bill: $1B so far; more borrowing ahead"

. . . Observers say the loan was a way for state leaders to continue to delay toll discussions. The state also has not formed the toll task force Cuomo announced in 2012, despite pledges it would be created after the federal loan was secured last year.

"I think it's comes down to, quite frankly, desperation and some of that desperation is driven by that desire not to have to release a financing plan, certainly not before November," said Daniel Estrin, an environmental law professor at Pace University.

Read more: http://www.lohud.com/story/news/local/tappan-zee-bridge/2014/09/26/tappan-zee-bill-billion-far-borrowing-ahead/16264917/

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