Media Mentions

KCRA.com

Drexel University, which was originally founded in Philadelphia, will start offering classes in January near Sacramento’s Capitol Mall. “When the economy is turning down, a lot of professionals go back to business school, especially, to be re-tooled (and) to receive new skills,” said George Tsetsekos, Dean of the Drexel Business School.

Wall Street Journal

AnnTaylor has fallen into the classic mistake of reducing costs on the backs of front-line employees and cutting customer service. Retailers like Circuit City and Home Depot have learned this lesson the hard way. Managing employees like a just-in-time delivery system will only lead to lower customer satisfaction, customer defection and declining profitability

Marketwatch.com

 Drexel University's LeBow College of Business ( http://www.lebow.drexel.edu) has solidified its status as one of the nation's top 10 schools for entrepreneurs in the 6th Annual Entrepreneur and The Princeton Review rankings of more than 2,300 graduate and undergraduate entrepreneurship programs, released today. LeBow College of Business placed third for undergraduate programs and eighth for graduate programs, making it the top choice for entrepreneurial programs in the Greater Philadelphia region.

Philadelphia Inquirer

They are the trauma team of the business world. Their job: Stop the bleeding before the patient dies - or the bank calls your loan. And if your boss doesn't have the chops to rescue your troubled company, they may just recommend a new one. They are turnaround specialists. Hired guns such as Brian F. Gleason. And they swoop into struggling companies to manage them out of crisis and keep them running.

Philadelphia Inquirer

They are the trauma team of the business world. Their job: Stop the bleeding before the patient dies - or the bank calls your loan. And if your boss doesn't have the chops to rescue your troubled company, they may just recommend a new one. They are turnaround specialists. Hired guns such as Brian F. Gleason. And they swoop into struggling companies to manage them out of crisis and keep them running.

New York Times

Over the past 10 years, Hybrid X has fielded an interesting group of vehicles, from the 50-m.p.g. K1 Attack (a turbodiesel hybrid based on a kit car) to a 37-m.p.g. propane-based Jeep Wrangler hybrid (later rebodied as the Hybrid Hippo). For Ford’s Model T Challenge, the team built what some called the Green Machine, a three-wheel battery-electric with an original chassis put together with the help of two Drexel University students versed in computer-aided design.

Dow Jones News Plus

Digging into the processes and the trends that have developed during this run-up in commodity prices, you can find one area that is a clear lagging subject to higher inputs. That area is the other portion of input costs, capital equipment and IT spending. A s the leash on producers’ necks starts to loosen, they will find themselves able to fund those delayed and abandoned projects and end-of-cycle replacements that are needed but have been impractical during this cycle. I would look for companies that have been hurt by lower capital spending and weak consumer spending to rebound fairly well, but a little after the first sprint of front-line commodity users.

Epoch Times

Xie Tian, professor of the College of Business Administration at Drexel University in Philadelphia, believes the problem lies within China’s residential registration system, where the rural population is discriminated against, “In China, one is registered as a rural or urban resident depending on where one was born. But this registration system does not allow the relocation of the work force. By discarding this system, it will naturally remove the difference between rural and urban areas. If people who makes less money in rural villages can go to the cities, this gradual process will reduce the rural-urban gap.”  

Philadelphia Inquirer

Drexel University’s LeBow College of Business worked with its English department to bring more writing instruction into the business school and has started sending out examples of student work to alums in the working world for critique. While there is a sense in the business world that obtuse language impresses people (yes, we know this is true in other fields, too), students should know that clear writing is a sign of good thinking, said Frank Linnehan, LeBow’s associate dean of undergraduate and graduate studies. “Being able to describe a complex concept clearly and succinctly is really an indication of how well you know that subject,” he said. Some of the most puffed up, buzzword-laden writing is, of course, meant to dress up unremarkable ideas. It survives because of what Linnehan calls “emperor’s-new-clothes syndrome.”

Philadelphia Inquirer

U.S. auto executives failed to lead their companies out of danger, said V.K. Narayanan, a Drexel University business professor for strategy and entrepreneurship. "I will not condone the lack of cars. It's not like we don't have the know-how. We have the know-how. What we have not seen is reasonable leadership coming from the domestic auto industry," he said. It would be a mistake, he said, if the United States lost its domestic auto industry, which supports hundreds of thousands of jobs and engineering innovation. "GM should transform itself," Narayanan said. "I'm hoping it will happen. It's not a strategy. It's a hope."

Business Wire

Morphotek, Inc., a subsidiary of Eisai Corporation of North America, has announced that Rodney Dausch, Vice President and Chief Financial Officer, received the Philadelphia Business Journal/Drexel University’s LeBow College of Business Small Company CFO of the Year Award.

KYW Newsradio

Dr. Rolph Anderson of Drexel University's LeBow School of Business (right), says online shopping has been going up double digits every year for the last several years. And he says the price of gas is giving that a boost: "A logical move for a lot of people who want to save money, you don't go out and visit all these stores and malls, you just stay home and you can be an even more effective shopper."

Philadelphia Inquirer

Dr. Michael Gombola, head of LeBow College's finance department, commented on the proposed acquisition of Rohm & Haas Co. by Dow Chemical:  "I wouldn't be too surprised if Dow [gives] Rohm & Haas a long leash," Gombola said. "Specialty companies tend to be more high-tech, a little less bureaucratic, more entrepreneurial and open. I don't think Dow wants them to be less high-tech and more like smokestack company. I think they will want them to stay innovative."

Knowledge@Wharton

The contracts underlying the securities allowed investors to shift some responsibility back to individual institutions threatening them with insolvency, according to Joseph Mason, professor of finance at Drexel University's LeBow College of Business. What's interesting about this world and interesting about the business world in general is that contracts are made to be amended, if not broken," he said. "This was part of what investors were counting on....We're nowhere near the end here. We just have this lull. Some might call it a dead-cat bounce. I would say it's still the same cat."

Bucks County Courier Times

Technology makes it easier and more efficient for large institutional investors like mutual funds to make options trades.“The key word is liquidity,” said Ed Nelling, an associate professor of finance at Drexel University's LeBow College of Business. “The purpose of this new [technology] is it's designed to allow these large investors, when they have big trades, to set a price that will be a reasonable price for them.”

New York Daily News

Professors Jie Cai of Drexel University and Todd Houge of the University of Iowa have written an interesting paper showing stocks taken out of the index significantly outperform those put into the index. In other words, investors would do better if they ignored all of the changes.

OpEdNews.com

 The Economic crisis is ruining people's lives, the media has failed to tell the full story, explains Danny Schechter, whose investigation corroborates that of Joseph Mason, an associate professor of finance at Drexel University's LeBow College of Business, who sees more bank failures ahead: "At this point in the crisis, you can't stop bank failures… You move through the problem. You don't avoid the problem. It's too late to wait and hope that things get better." 

Philadelphia Inquirer

 Also Saturday, Mary Caraccioli, who hosts CN8's Money Matters Today, will get an MBA (one she studied for) from Drexel's LeBow College of Business.

Philadelphia Inquirer

Constantine Papadakis bestowed a bachelor's degree on his only child during Drexel's commencement ceremony on Saturday. Papadakis' daughter, Maria, graduated from Drexel's LeBow College of Business.

Associated Press

Billionaire financier Carl Icahn said he no longer has to watch “Saturday Night Live” if he wants a good laugh — he just has to go to a company board meeting. “Sooner or later, we’re all going to be run by morons,” he said to applause during his commencement address at Drexel University on Saturday.

Philadelphia Inquirer

Not only did CN8's Mary Caraccioli graduate from Drexel's LeBow College of Business on Saturday, she scored an interview with commencement speaker Carl Icahn, the billionaire corporate raider involved in the Yahoo/Microsoft discussions. It will be on CN8's Money Matters Today at 11 tonight.

Philadelphia Inquirer

Carl C. Icahn was at Drexel University yesterday for a rare public address, standing before hundreds of LeBow College of Business graduates at their commencement.Icahn has won some praise for fighting for shareholders' interests in a climate that has turned more critical of corporate management. In keeping with his rhetoric over the years, his message to students yesterday contained no small amount of reverence for himself - though cloaked in some joking self-deprecation - and disdain for corporate America.

Philadelphia Inquirer

Mary Caraccioli, who hosts CN8's Money Matters Today, will get an MBA (one she studied for) from Drexel's LeBow College of Business.

Philadelphia Inquirer

John J. Clark, 83, formerly of Brigantine, N.J., a retired professor of economics and dean at Drexel University, died of pneumonia Saturday at White Horse Village in Newtown Square.

New York Times

The study, “The Long-Term Impact from Russell 2000 Rebalancing,” has been accepted for publication by the Financial Analysts Journal. Its authors are two assistant professors of finance, Jie Cai of Drexel University, and Todd Houge of the University of Iowa.

6 ABC

The Community Alumni Network at Drexel University (CAN DU) invited alumni, students and friends to celebrate Earth Day 2008, among those were LeBow College of Business.

The New York Times

The study, "The Long-Term Impact from Russell 2000 Rebalancing," has been accepted for publication by the Financial Analysts Journal. Its authors are two assistant professors of finance, Jie Cai of Drexel University, and Todd Houge of the University of Iowa.[syndicated in the Tuscaloosa News (Ala.), Times Daily (Florence, Ala.), Gadsden Times (Ala.) and other publications]  

U.S. Banker

LeBow College of Business is noted in a story published in U.S. Banker's June 2008 issue for requiring freshmen to enroll in the financial education workshop Citi Credit Ed.

KYW-AM (1060)

KYW-AM (1060) broadcast a story May 26, 2008, about Maria Papadakis, daughter of President Papadakis, and her work with LeBow College of Business students in developing a marketing campaign as part of the Subaru Impreza Collegiate Challenge.

American Banker

Dr. Joseph Mason, associate professor of finance, is quoted in an American Banker story published May 20, 2008, about the U.S. financial crisis.