Can you rate a dead professor?

In a free market it is fine to have 120% of a stock to be shorted. Yet if another party forces the hand of those shorts how does that violate free markets? Why should senators/regulators or even the brokers try to stop that? Isn't that a part of the free markets?

Credit rating agencies privately inform issuers about upcoming rating changes. In a paper forthcoming in Review of Accounting Studies and featured in The New York Times, we analyze stock returns around rating changes comprehensively and show information leakage. Read it here: rdcu.be/cdeHI

Want to know if a #recession is coming? Follow #bank earnings closely. wsj.com/articles/bank-… #economy #banks #recession #inflation #accounting

Is he saying that he forgot to unhide the column that lists the liabilities in the spreadsheet? I am wondering how FTX’s auditors are going to respond to this.

How to avoid paying overtime? Make your Front Desk Clerk a "Director of First Impressions". Cohen, Umit Gurun & N. Buğra Özel have a compelling new NBER WP suggesting that mamy firms give fake managerial job titles to avoid paying overtime. (1)

A study finds widespread evidence of firms using suspect managerial titles (e.g., "Director of First Impressions”) to avoid paying overtime wages to employees, from Lauren Cohen, Umit Gurun, and N. Buğra Özel nber.org/papers/w30826

This is unacceptable. Sorry to hear Daniele.

My newsletter today: The Dying Practice of Time and a Half nytimes.com/2023/02/01/opi…

In Germany, PKK supporters set fire to humanitarian aid collected for earthquake victims in Turkey. A police spokesman said, “The footage recorded by surveillance cameras is being studied. In the footage, we see how two people removed the Turkish flag and threw it into the fire.”

Thank you Noam Scheiber for bringing worker misclassification to avoid overtime into attention and featuring our work! The New York Times Umit Gurun The Jindal School

#Fintech is reshaping credit risk info. Study by N. Buğra Özel (The Jindal School), Nekrasov (UIC), Lourie & Zhu (UCI Paul Merage School of Business) finds bank ratings differ from CRA ratings, offering unique insights for hard-to-rate firms & improving default & spread predictions. bit.ly/31NU

✨ "Consensus Credit Ratings: A View from Banks" 🎓By N. Bugra Ozel (N. Buğra Özel The Jindal School), Alexander Nekrasov (UIC News), Chenqi Zhu & Ben Lourie (both UC Irvine) 📚Read more: bit.ly/31NU 🔓#OpenAccess #SeptemberIssue