Finance

Sharyn O'Halloran Economist

Sharyn O’Halloran, the George Blumenthal Professor of Political Economics and Professor of International and Public Affairs, has been focusing on the role of money in

One World Trade Center under construction, at 200 feet above street level (in addition to 60 feet below grade), March 2010. Courtesy of The Port Authority of New York and New Jersey.

In "Power at Ground Zero: Politics, Money, and the Remaking of Lower Manhattan," Lynne Sagalyn recounts the efforts to symbolize American resilience, project American power and memorialize the human losses of that day.

Since the global financial meltdown of 2008, a great debate has ensued over how best to regulate Wall Street’s excesses.

Columbia University produced a return of 2.3 percent on its endowment portfolio for the fiscal year ending June 30, 2012, placing it in the top quartile among peer endowments. This reflects the normal one-quarter lag in private equity and real asset valuations.

When word came that Katharina Pistor, Columbia Law School’s Michael I. Sovern Professor of Law, had been chosen to receive the Max Planck Research Award for 2012, the comparative law expert was in a hotel room in Florence, Italy, preparing for a student’s dissertation defense.

Attorney General Eric H. Holder, Jr. (CC’73, Law’76), speaking Feb. 23 at a World Leaders Forum at Columbia, said that the Obama Administration has aggressively investigated the fraud and corruption that fueled the 2008 economic crisis.

The eurozone is in trouble. What began as a sovereign debt problem in a few countries has exposed major weaknesses in the euro project. On the face of it, the problem is familiar and resolvable: several governments have borrowed more than they can possibly repay.