Media Mentions

Bloomberg Radio

Dr. Joseph Mason, associate professor of finance at the Bennett S. LeBow College of Business, commented regarding sub-prime effects on pension funds on Bloomberg Radio, November 15, 2007.

CN8 "Money Matters Today"

President Papadakis was featured on CN8's live broadcast from the Main Building Auditorium of "Money Matters Today" on November 14, 2007. The special episode of the program was "How to Get a Job" and also featured Dr. George P. Tsetsekos, dean of LeBow College of Business; Dr. Donna M DeCarolis, head of the management department in LeBow College of Business and academic director of the Laurence A. Baiada Center for Entrepreneurship in Technology; and Nicole Gay, auxiliary instructor for Co-op 101 in the Steinbright Career Development Center.

CN8 "Money Matters Today"

President Papadakis was featured on CN8's live broadcast from the Main Building Auditorium of "Money Matters Today" on November 14, 2007. The special episode of the program was "How to Get a Job" and also featured Dr. George P. Tsetsekos, dean of LeBow College of Business; Dr. Donna M DeCarolis, head of the management department in LeBow College of Business and academic director of the Laurence A. Baiada Center for Entrepreneurship in Technology; and Nicole Gay, auxiliary instructor for Co-op 101 in the Steinbright Career Development Center.

Bloomberg Radio's "The First Word on Business"

Dr. Joseph Mason, associate professor of finance, commented on Bloomberg Radio's "The First Word on Business" about the implications of credit downgrades on bond insurance companies, on November 15, 2007.

Bloomberg Television's "Morning Call"

Dr. Joseph Mason, associate professor of finance at the Bennett S. LeBow College of Business, was interviewed on Bloomberg Television's "Morning Call," on Wednesday, November 14, 2007

CNBC's "Closing Bell"

Whether credit agencies are still credible, with Christopher Whalen, Institutional Risk Analytics; Joseph Mason, Drexel University and CNBC's Maria Bartiromo

NPR's "Marketplace"

A fix could benefit consumers. The kind of structured products the SIVs bought finance some $9 billion in consumer borrowing. But finance professor Joseph Mason, with Drexel University, says a bailout would only postpone the pain.

CNBC

"Liquidity crises last longer if there's something truly wrong with the collateral that needs to be worked out," said Joseph Mason, a finance professor at Drexel University. The banks' plan "will continue to prevent" accurate accounting of the losses, he added.

The military family network

Joan Weiner, a professor of management at Drexel University, in Philadelphia, said her participation was a mark of respect for those who died.

Charlotte Observer

Conduits and SIVs can be off-balance-sheet because ostensibly they are separate from the bank and have other investors. To avoid reputational risk, though, banks are remiss to let them fail, said Joseph Mason, an associate professor of finance at Drexel University in Philadelphia.

courierpostonline.com

CourierPostOnline.com notes Drexel's third-place ranking for undergraduate entrepreneurial programs by The Princeton Review and Entreprenuer magazine in an article posted on October 26, 2007.

Bloomberg.com

``Continuing to mask transparency by means of rearranging risk without actually offloading or recognizing the true value of that risk is not going to help anyone,'' said Joseph Mason, an associate professor of business at Drexel University in Philadelphia and a former financial economist at the Office of the Comptroller of the Currency.

Marketwatch.com

That helped fuel the housing boom. About 40% of CDO collateral is residential MBS. Almost three-quarters of that is in subprime and home-equity loans, with the rest in higher-quality, prime home loans, according to a study earlier this year by Joseph Mason, an associate finance professor at Drexel University's business school, and Joshua Rosner, a managing director at research firm Graham Fisher & Co.

The Day News

A story that noted Drexel’s number three ranking in undergraduate entrepreneurial programs was published by The Day News (New London, Conn.) and posted on theday.com on October 21, 2007. It was also noted in a syndicated Associated Press feature in The News Journal (Wilmington, De.) and in the Pittsburg Post-Gazette on October 22, 2007.

The Pittsburg Post- Gazette

Topping the list for undergraduate schools was Babson College in Massachusetts, followed by the University of Houston, Philadelphia's Drexel University, the University of Arizona and the University of Dayton (Ohio).

Delawareonline.com

Topping the list for undergraduate schools was Babson College, in Massachusetts, followed by the University of Houston, Philadelphia's Drexel University, the University of Arizona, and the University of Dayton, in Ohio.

prnewswire.com

“The success of the Drexel Executive MBA program can be attributed to the foresight in developing an innovative curriculum that responds to the global needs of today’s executive,” said Drexel University President Dr. Constantine Papadakis. “We are able to deliver a top notch experience with high caliber students and exceptional faculty that continues to advance the careers of our graduates.”

CFO.com

Syndicated article from The Economist:Joseph Mason, a finance professor at Drexel University, sees bigger problems. He argues that voluntary co-guarantee schemes like this are doomed to failure because only the weakest institutions want to participate. Like Groucho Marx, the SIVs that most easily qualify for membership of the club will be the least likely to want to join, since they will have cheaper funding alternatives. He also worries that the fund's creation suggests "we now have an entire market that's deemed too big to fail."

The Economist

Joseph Mason, a finance professor at Drexel University, sees bigger problems. He argues that voluntary co-guarantee schemes like this are doomed to failure because only the weakest institutions want to participate. Like Groucho Marx, the SIVs that most easily qualify for membership of the club will be the least likely to want to join, since they will have cheaper funding alternatives. He also worries that the fund's creation suggests “we now have an entire market that's deemed too big to fail.”

MSNBC.com

“Liquidity crises last longer if there’s something truly wrong with the collateral that needs to be worked out,” said Joseph Mason, a finance professor at Drexel University. The banks’ plan “will continue to prevent” accurate accounting of the losses, he added.

CNN.com

'Liquidity crises last longer if there's something truly wrong with the collateral that needs to be worked out,' said Joseph Mason, a finance professor at Drexel University. The banks' plan 'will continue to prevent' accurate accounting of the losses, he added.

WashingtonPost.com

An Associated Press story that notes the LeBow College of Business' undergraduate entrepreneurship program is ranked third in the United States, according to recent Entrepreneur-Princeton Review rankings, was syndicated on October 16, 2007. The story was published in The Washington Post and Miami Herald and on Forbes.com and CNNMoney.com and dozens of other news outlets. The graduate program is ranked seventh nationally.

Bloomberg.com

``Paulson definitely has the cachet to bring everyone to the table, because of his long experience on Wall Street,'' said Joe Mason, associate professor of business at Drexel University in Philadelphia and a former financial economist at the Treasury's Office of the Comptroller of the Currency.

Bellinghamherald.com

Joseph Mason, associate professor of finance at Drexel University, has done extensive research into the financial underpinnings of the subprime mortgage industry. As he sees it, the potential for disaster in the subprime lending arena should have been obvious before, during and after the Household International affair.

Bloomberg.com

Under SEC rules, money market managers must invest in securities with ``minimal credit risks.'' Joseph Mason, a finance professor at Drexel University in Philadelphia and a former economist at the U.S. Treasury Department, says subprime debt in money market funds is far from safe.

npr.org

Rating agencies are paid by the Wall Street firms that bundle mortgages into securities for sale. The rating agencies coached Wall Street on just how many risky mortgages they could pack in, said finance professor Joseph Mason of Drexel University

Seattletimes.com

Joseph Mason, a finance professor at Philadelphia's Drexel University and a former economist at the U.S. Treasury Department, says the ratings are undermined by the disclaimers.

Smartmoney.com

But the fact is the Fed's decision to beef up liquidity wasn't such a big deal, according to Joseph Mason, an economist at Drexel University. The only difference between last Thursday or Friday and any other day is one of degree, says Mason, who is also a visiting scholar at the Federal Deposit Insurance Corp., the government agency tasked with insuring bank deposits and overseeing financial institutions.

Bloomberg.com

The relevance of Bernanke&#39;s work to today is that it helps him tread the fine line of allowing individual investors -- and firms, if necessary -- to fail while avoiding credit market gridlock,&#39;&#39; said <strong>Joe Mason</strong>, professor of finance at <strong>Drexel University</strong> in Philadelphia. The message from the recent interventions is that there is no gridlock.''

delawareonline.com

Lawrence Duke, marketing instructor, is quoted in an August 12, 2007, News Journal (Wilmington , Del.) article on U.S. drug companies outsourcing work to China.