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...more in touch with myself because of that.” As a transfer from the film program in NYU’s Tisch School of the Arts, Morgan’s college experience really has been quite a journey in self-discovery. “I felt like NYU focused so heavily on putting people in film together, and the education wasn’t liberal or diverse enough.” Luckily, Morgan’s best high school friend and current off-campus roommate, outgoing Undergraduate Council President Ryan A. Petersen ’08, was waiting...
...dominated Sacred Heart in saber, 8-1, and foil, 9-0, but lost epee, 4-5. On Saturday, both teams faced off against five other schools at Princeton’s Jadwin Gym. The men beat Vassar, 19-8, UNC, 15-12, and Princeton, 16-11, but lost to NYU, 16-11, and defending national champion Penn State, 15-12. The win over the Tigers was a significant victory despite not counting as Ivy League play. Saber lost, 6-3, and foil narrowly won, 5-4, but epee came through with a convincing 8-1 victory over a Princeton squad...
...banks and brokerages are taking huge write-downs tied to the mortgage-backed instruments that kept the Ponzi-loan machine oiled. Economists are furiously debating whether we're on the brink of a full-fledged "Minsky moment," in which lending shrinks sharply across the board. Nouriel Roubini, an NYU economist and a widely read forecaster, got a lot of attention in November by professing to see risk of "generalized meltdown of the financial system of a severity and magnitude like we have never observed before." That sounds bad. But even if the damage is restricted to U.S. mortgage markets...
...debt equaled 55% of income in the U.S.; now it's above 114% (and above 136% of after-tax disposable income). The middle class--households earning roughly between $20,000 and $100,000 annually--had a debt-to-income ratio of 141% in 2004, according to New York University (NYU) economist Edward Wolff. And he figures it's even higher today. In the third quarter of 2005, the national savings rate (personal income minus spending) went negative for the first time since the Great Depression, and it has bounced back only slightly since...
...partnered with two other NYU film grads. None of us were technologists. The epiphanous moment came when we were sitting around a computer and someone was demo-ing the Mosaic browser and said, "Look, we're now on a computer in Sweden." When you go through art school, all your friends become struggling artists, and the thing that restricts your ability to pursue your art or craft is distribution. The writer needs the publisher; the musician needs the label. All of a sudden there was this medium, and we could completely disintermediate the communication process. For us, that was like...