September 2009
A compilation of clips of Smeal or Smeal faculty appearing in the media this month.
Money, October 1, 2009—Research by Ron Gebhardtsbauer, faculty-in-charge of the Actuarial Science Program, is cited in an article about Social Security. (What You Need to Know About Social Security).
Women's Wear Daily, 09/30/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on the retail economy. "It's been a tough year and it's going to take another year for things to come back to normal," Ghadar says. "You're seeing a shift away from the premium brands to the economy brands, but you're gradually going to see a shift back. It's not like the industry's going away. It's just that the ones that … have a lot of debt may not be able to pull it off. We're seeing a very slow, gradual pickup in the economy." (With Consumers Wary, Fashion Seen Lagging Any Economic Upturn).
Marketing News, 09/30/2009—Ralph Oliva, executive director of the Institute for the Study of Business Markets, comments on B-to-B-to-C marketing. "The best thing I can say is, to market ingredient brands, you really need to think through the business design and address the appropriate amount of investment," Oliva says. "What the appropriate level is will vary depending on the power of the ingredient to differentiate, and how well understood that differentiation is." (B-to-B-to-C).
The Daily Collegian, 09/29/2009—Anthony Warren, director of the Farrell Center for Corporate Innovation and Entrepreneurship, comments on the profitability of Web sites. "Unfortunately, an addictive Web site does not always translate into revenue for the creators. 'Look how long it's taken Facebook to actually make a profit,' said Penn State entrepreneurship professor Anthony Warren." (Alumni Create Fantasy Site with Virtual Sports Betting).
The Daily Collegian, 09/29/2009—Greg Pierce, instructor in finance, comments on student debt in a story on Smeal alumna Farnoosh Torabi. "Pierce said debt comes from a combination of spending and credit card debt, the high cost of living, and student loan debt. He advises students to take on financial responsibility now by working a part-time job if possible." (PSU Alumna to Host Show on Student Debt).
Pittsburgh Post-Gazette, 09/28/2009—J. Edward Ketz, associate professor of accounting, comments on the fraud charges against Le-Nature's Inc. "It's been done by lots of firms with a number of variations on this theme," Ketz says. "It's almost incredible investors continue to let themselves fall for this type of thing." (Le-Nature's Indictment Charges $806M Fraud).
Al Jazeera, 09/28/2009—Fariborz Ghadar, director of the Center for Global Business Studies, discussed Iran's nuclear program.
MSNBC, 09/27/2009—Fariborz Ghadar, director of the Center for Global Business Studies, discussed Iran's nuclear program.
Centre Daily Times, 09/26/2009—Carolyn Todd, instructor in marketing, writes about her Penn State football memories. "Here's our top 10 list of college football venues: Penn State, Alabama, Wisconsin, Michigan, Ohio State, Texas, Iowa, Brigham Young, Michigan State and Nebraska, in that order." (Fans Make It the Greatest Show).
World Focus, 09/25/2009—Fariborz Ghadar, director of the Center for Global Business Studies, appears on the public television show to discuss Iran's nuclear ambitions.
McClatchy Newspapers, 09/25/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on the Obama administration's Iran policy. "This is a very clever way of doing it," says Ghadar. "We've been taking baby steps. Now we have the Oct. 1 meeting coming up and we have an ace in the hole, knowing that these guys have been cheating again. He played the cheating card. They're making Iran look really bad." (Obama Wins Praise for Orchestrating Response to Iran). This article appeared in more than a dozen newspapers worldwide.
CBSNews.com, 09/25/2009—Fariborz Ghadar, director of the Center for Global Business Studies, discusses U.S.-Iranian relations on "Washington Unplugged."
CBSNews.com, 09/25/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on Iran's nuclear ambitions. "Fariborz Ghadar told moderator Kimberly Dozier, 'once again, Iran got caught cheating.' Ghadar predicted that Iran would start taking 'baby steps' towards halting their uranium enrichment programs. He said it was unlikely that Iran would take large enough steps to keep free of additional sanctions." (Unplugged: Obama Wanted to Beat Iran to Punch).
WTOP-AM (Washington, D.C.), 09/25/2009—Fariborz Ghadar, director of the Center for Global Business Studies, discusses Iran's nuclear ambitions.
The Daily Collegian, 09/25/2009—Jamie Campbell, director of undergraduate diversity enhancement programs, comments on the job market for recent graduates. "A lot of times people don't have the opportunity to talk to companies,"
Campbell says. "I think it's hard for students, period. In this economy it will
be challenging." (Seminar Held for Minorities).
Agence France-Presse, 09/24/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on U.S.-Iranian relations. "Ghadar also pointed out that Tehran's offer would make it possible to identify the Iranian nuclear experts. 'It's significant. It allows to know where they are technically, their knowledge level and experience,' he added." (Analysts Welcome Iran Offer of Expert-Level Nuclear Talks). This article appeared on several international news Web sites.
NuWire Investor, 09/24/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on the Fed and the economy. "Fariborz Ghadar ... expects it to take about three to six months for the government to begin
mopping up excess liquidity from the system. 'And I'm optimistic; I think
the economy has turned around,' says Ghadar. 'But as long as the economy is as
slow as it is—even though we're starting to see an uptick—the Fed is going
to be really reluctant to raise the rates.' (Key Interest Rate to Remain at Historically Low Levels).
Pittsburgh Post-Gazette, 09/22/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on the G-20 summit in Pittsburgh. "They basically will say we've decided to take steps to turn the global economy around, that we're optimistic the global recession will end quickly, and that emerging countries should have more of a say in the mechanisms of the global system," Ghadar says. (G-20 Stands for Growth).
The Patriot-News, 09/21/2009—Terrence Guay, clinical associate professor of international business, writes in an op-ed about what's at stake for Pennsylvania during the G-20 summit. "Why does all of this matter to Pennsylvanians?" Guay writes. "The main reason is because the commonwealth's economy is intertwined in the global economic web. With almost $35 billion in merchandise exports, Pennsylvania sent more goods abroad than all but 10 states in 2008." (G-20 Summit Does Have Bearing on Commonwealth). This article also appeared in the Morning Call and the Centre Daily Times.
The Patriot-News, 09/21/2009—Austin Jaffe, chair of the Department of Insurance and Real Estate, comments on the Pennsylvania real estate market. "We may not have hit a bottom yet," says Jaffe. "We only had 10 to 12 or 10 to 15 percent price declines in Pennsylvania on average. The national average is over 20. We probably will never get to what the average was, because we don't have as much volatility in these markets as elsewhere." (Midstate Housing Market Hasn't Hit Bottom Yet, Economist Says).
AOL.com, 09/21/2009—Dulin Clark, associate director of MBA career and executive coaching, comments on toxic workplaces. "Primarily, [workers] need to pay attention to how they feel when they are in the work environment," Clark says. "Feelings of chronic stress, building frustration, lethargy, low motivation and problems sleeping are just of the few the signs of being in a toxic workplace environment."(Do You Have a Toxic Job?).
The Daily Collegian, 09/21/2009—Arvind Rangaswamy, senior associate dean for research and faculty, comments on Smeal's international efforts. "Our students should understand what it means to be a part of the global
marketplace," Rangaswamy says. "We want good students no matter where they're from." (International Counselors Visit Penn State).
StateCollege.com, 09/17/2009—Joe Battista, director of major gifts, writes about his ties to Penn State. (When I Say 'JoePa'... You Say 'terno.' When I Say 'JoeBa' ... You Say ... Huh?).
Securities Industry News, 09/14/2009—John Liechty, associate professor of marketing and statistics, comments on the push for a National Institute of Finance. "During a workshop sponsored by the Office of the Comptroller of the Currency and the National Institute of Statistical Sciences in February 2009 attended by academics and regulators and focused on statistics and financial risk, a group of us raised the question about whether any regulator had the ability to deal with systemic risk," Liechty says. "When the answer came back as no, a small group of academics and regulators got together and wrote a white paper on the subject, calling for the creation of the National Institute of Finance." (Before Dealing with Systemic Risk, How About Getting Data on It?).
Agence France-Presse, 09/13/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on Iran's offer to meet with U.S. officials. "What they did say, is they want a comprehensive program (of talks)," Ghadar says. "That is an
opening where we can start the negotiations." (Iran Talks Offer Vague, but Is an Opening: Analysts). This article appeared in several international news outlets, including the Jordan Times and the Saudi Gazette.
World Focus, 09/09/2009—Fariborz Ghadar, director of the Center for Global Business Studies, appears on the public television show to discuss Iranian relations.
The Associated Press, 09/06/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on Pittsburgh and the G-20. "Now, the city and its business community view the G-20 as an acknowledgment of it's successful reinvention and an opportunity to change the city's image as a 'two-white-shirt-a-day city'—which is the way Penn State University finance professor Fariborz Ghadar recalls it from his 1968 visit." (Pittsburgh Companies Seek to Capitalize on G-20). This article appeared on more than 100 news Web sites and in dozens of newspapers, including The Washington Post, Philadelphia Inquirer, and Newsday.
Centre Daily Times, 09/06/2009—Patrick Cataldo, associate dean for executive education, writes in his column about effective PowerPoint presentations. "Nothing beats a great presentation, filled with energy, useful information and graphic interest. The new presentational technologies are great if you know how to make the most of their capabilities," Cataldo writes. (Use Technology's Potential to Make Presentations Compelling).
CentreDaily.com, 09/06/2009—Patrick Cataldo, associate dean for executive education, writes in his blog about effective PowerPoint presentations."Over the years, the ability to create powerful presentations to engage an audience has seen dramatic changes in planning, preparation time, and tools to create outstanding slides," writes Cataldo. "The problem is that this technology in the hands of untrained presenters can lack even the basics of what makes slides interesting, appealing, and fun for the audience." (Great PowerPoints).
Supply Chain Management Review, September 2009—Smeal's supply chain program is ranked No. 2 overall in the magazine's survey of academics and practitioners. (An Update on the State of Supply Chain Education). SmartPros.com, September 2009—J. Edward Ketz, associate professor of accounting, writes in his column about a college graduate who is suing her alma mater because she cannot get a job. "As I reflect on Trina Thompson's lawsuit, I wonder how many more students will sue their alma maters," Ketz writes. "And, if a judge allows the suit to proceed, I wonder whether jury members will sympathize with the colleges or with the unemployed graduates. There is more at stake here than merely the discontent of one unemployed former student." (Sue the University!). SmartPros.com, September 2009—J. Edward Ketz, associate professor of accounting, writes in his column about lease accounting. "The FASB is slowly—very slowly—looking at the accounting for leases," Ketz writes. "It is working with the IASB to improve accounting standards in this area. I am thankful for the action, because the off-balance sheet accounting has undermined good accounting for a long time. " (CVS Caremark Leases).
