The inaugural “Madden in New York” event was held the week of June 9 at Cornell University’s 34th Street campus, as a number of Le Moyne undergraduate and graduate students took part in a week-long seminar focusing on “Distress Investing.” Among those teaching the seminar were legendary investment advisor Martin J. Whitman, noted author and finance professor Fernando Diz, and Mike Madden ‘71, private equity investor and namesake of the Madden School.
“This seminar was a wonderful example of what can be accomplished when we leverage the relationships that we have created with other institutions,” said Madden School Dean Jim Joseph ‘83. “It’s clearly a win-win for Le Moyne students, who are enjoying world-class lectures by leaders in the field, held at a first-rate facility in the heart of mid-town Manhattan.”
Joseph also pointed out that a number of Le Moyne alums from the metro New York area generously volunteered to house students during the seminar and also helped by contributing funds to help with tuition for the seminar.
Sponsored by the Madden School of Business, the seminar (the title of a recent book co-authored by Whitman and Diz) explored topics such as business valuation, corporate finance, bankruptcy law and security analysis. A focal point of the seminar was contrasting the academic view against the distress investor’s view.
Participants from Le Moyne were: Nate Champion ’14, current MBA students Chad Weinheimer, Francis Loisy, Gabrielle Lustrinelli, James Marks and Zach Wiley; and undergraduates Brendan O’Sullivan ’16, Jessica Bruno ’15, Kelly Menard ’16, Casey O’Neill ’15, Mike Lyons ’15, Gabrielle Williams ’15, and Ryan Romich ’15. In addition, students from other institutions, as well as professionals from the metro New York City area, attended.