Haas NewsWire - November 26, 2007

Berkeley MBA Students Meet Warren Buffett

One hundred Berkeley MBA students visited renowned investor and philanthropist Warren Buffett in Omaha, Nebraska, on a November 19 trip organized by the Haas Finance Club.

Students from the Full-time, Evening & Weekend, and Berkeley-Columbia Executive MBA Programs participated in the trip, engaging in a two-hour Q & A session with Buffett and joining him for lunch at the Field Club of Omaha.

At an event hosted by the Dean's Office, the students met with Donald Wurster, MBA 80 and president of National Indemnity Company, a Berkshire-Hathaway insurance company. The students also toured the Nebraska Furniture Mart, a home-grown Omaha store that is now a Berkshire Hathaway subsidiary.

Haas faculty members participating in the trip included Assistant Professors Johan Walden and Solomon Darwin, executive director of the Center for Financial Reporting and Management, who presented Buffett with the Berkeley Award for Distinguished Contributions to Financial Reporting.

"Considering that a lunch with Warren Buffett just sold for more than $600K on eBay, this was a really meaningful opportunity," says Billy Leung, MBA 08 in the Evening & Weekend MBA Program and a trip organizer. "He is a great teacher and always seems to find a good analogy to describe things. Many students believe this was one of their highlights at Haas."

Warren Buffett Receives 2007 UC Berkeley Financial Reporting Award

Warren Buffett, chairman and CEO of Berkshire Hathaway and one of the most successful investors of our time, is the 2007 recipient of the Berkeley Award for Distinguished Contributions to Financial Reporting.

Haas School Dean Tom Campbell announced the award before accounting professionals, standard setters, enforcers, and academics at the Haas School's 18th annual Financial Reporting Conference on November 9, at the San Francisco Airport Marriott.

The Berkeley award was presented to Buffett by Solomon Darwin, executive director of the Center for Financial Reporting and Management (CFRM), who accompanied a group of 100 Berkeley MBA students on a special trip to meet Buffett in Omaha on November 19.

The Berkeley award recognizes individuals that have demonstrated courage, leadership, stewardship, or other meritorious performance in the interest of providing financial information useful to investors in making investment decisions.

Buffett has been an outspoken advocate for corporate governance and regulation in the accounting industry. To encourage transparent accounting, Berkshire Hathaway has published its corporate governance and accounting disclosure methods on its website. Buffett himself has served on panels such as the SEC roundtable on "Improving Financial Statement Disclosure" in March 2002. He also has donated his time to discuss proper financial disclosure in an educational video released by the Financial Accounting and Standards Board in 2001.

"Warren Buffett has been a role model for the business community and an outspoken ambassador for transparent and honest accounting practices that go beyond the letter of the law," said CFRM's Solomon Darwin. "His extraordinary financial success and unprecedented philanthropic giving have shown that ethical business practices reap both financial and personal rewards."

Buffett acquired Berkshire Hathaway in 1965 after having successfully run his own investment company with funds from friends and family. He switched the Berkshire Hathaway's focus from its ailing textile business to a thriving insurance and investment empire that ultimately made Buffett one of the richest men in the world. In 2006, Buffett donated the bulk of his fortune, $37 billion, to the Bill and Melinda Gates Foundation.

White-Collar Criminal and Prosecutors Shed Light on Business Crimes, Nov. 27

The Dean's Speaker Series will feature a special discussion, titled "White-Collar Crime -- Perspectives from a Convicted Felon and US Prosecutors," on Tuesday, November 27, at 12:45 p.m. in the Wells Fargo Room.

The event is free and open to the entire Haas School community. Seats will be available on a first-come, first-served basis. Lunch also will be served.

The panel discussion features Walt Pavlo, a former white-collar criminal and the co-author of Stolen Without a Gun, and Bay Area prosecutors Doug Sprague and Benjamin Wagner. The trio will discuss the slippery slope of white-collar crime and its legal consequences.

Benjamin Wagner has been a federal prosecutor with the U.S Attorney's office in Sacramento for over 15 years. During that time he has prosecuted numerous white collar crimes including investment fraud schemes, money laundering, bank fraud, embezzlement, identity theft, and child exploitation. He currently serves as the district anti-terrorism coordinator.

Doug Sprague has been the chief of the Oakland Branch of the United States Attorney's Office for the Northern District of California for the past two years. He has supervised, investigated, prosecuted, and tried many white collar criminal cases, including in the corporate fraud area.

Walt Pavlo was convicted for wire fraud and money laundering while working as a senior manager at MCI Telecommunications. Since then, he has shared his experiences at top-ranked business schools, professional societies, Fortune 500 companies, accounting firms, and federal law enforcement agencies. His story and presentations have been featured by Forbes magazine, USA Today, the New York Times, and ABC Nightline. Pavlo previously spoke at Haas in 2003.

Global Entrepreneurship Educators Learn From Haas Faculty

Fifty-three leaders in entrepreneurship education, from countries with markets as diverse as their cultures, wrapped up two weeks of intensive workshops at the Haas School on Friday, November 16, at the second Technology Entrepreneurship Education Global Faculty Colloquium.

The gathering, held November 5-16, was organized by the Lester Center for Entrepreneurship & Innovation in collaboration with Intel as part of the ongoing Intel+UC Berkeley Global Entrepreneurship Education Program. Its goal, said Lester Center Executive Director Jerome Engel, was to train master teachers who will then build "innovation ecosystems" around the globe.

"We started with emerging markets and then expanded, because there is innovation in many countries but there is not the skill to recognize it and get over the hurdles to success," said Mark Harris, Intel's director of higher education in Europe and a driving force behind the program.

The participants, hailing from 15 countries from Brazil to Bulgaria and Jordan to Japan, said the colloquium was a chance to learn the latest and greatest teaching practices, and also provided a valuable networking event. Participants were chosen as leaders in their fields after attending Technology Entrepreneurship Education: Theory to Practice seminars, organized by the Intel+UC Berkeley partnership in their home regions.

"This is an opportunity for me to meet with many people and create a social network," said Alaeddin Tileylioglu, head of the entrepreneurship program at Middle East Technical University in Ankara, Turkey. "We get to see the most creative ways people are doing their jobs, and we will do more exchanges with each other's countries."

Participants immersed themselves in the Lester Center program, worked on team projects, and observed the Intel+UC Berkeley Technology Entrepreneurship Challenge business plan competition.

The colloquium was designed by the Lester Center's Engel in conjunction with center faculty. Teaching faculty included Lecturers David Charron, Steve Blank, John Danner, Sean Foote, Rob Majteles, Todd Morrill, and Ronald Star; Adjunct Professors Henry Chesbrough and Andrew Isaacs; Lester Fellow Jim Hornthal; and Professors Jennifer Chatman, John Freeman, and Eric Brewer (law).

NAVARIS Medical of Germany Wins Intel+Berkeley Tech Challenge

The German team, NAVARIS Medical, that is developing 3-D imaging technology to pinpoint threatened lymph nodes during breast cancer treatment, won first place in the 3rd Intel+UC Berkeley Technology Entrepreneurship Challenge (IBTEC) at the Haas School November 15.

The international business plan competition is a joint project of Intel Corporation and the Lester Center for Entrepreneurship and Innovation at the Haas School. It pitted 21 teams from 11 countries vying for the top $25,000 cash prize. They were selected from the winners of ten regional competitions that partner with the Intel+UC Berkeley program.

"Real businesses do evolve from this, but our primary objective is for people to evolve," said Lester Center Executive Director Jerome Engel. "For many participants this is a life-changing process."

The winners were judged by a panel of venture capitalists -- another benefit for competing teams, many of which aim to become viable companies.

Winner NAVARIS Medical from Germany's Technical University Munich hopes venture funding will allow it to develop technology that would enable doctors to map the locations of "sentinel lymph nodes" closest to a breast cancer tumor on a molecular level, in order to avoid radical removal of all lymph nodes and decrease treatment complications.

Second prize and $10,000 went to NRG Fuels, a team of MBA students from Ben-Gurion University of the Negev, Israel, which plans to tap microalgae technology for the production of biodiesel. Trivial Solutions of Brazil, which is using mobile phone vibrations in an outdoor navigation system for the visually impaired, took third place and $5,000. The $5,000 "People's Choice" award, voted on by the entire audience, went to Qmodule of Russia for its plan to produce battery-free electronic products.

Other teams came from China, Egypt, Hungary, India, Mexico, Singapore, and the Haas School. The Haas team, Fruition Sciences, focused on improving vineyard yields using micro-climatic weather systems.

The finalist judges were Clint Chao of Formative Ventures, Bob Dahlberg of Horizon Ventures, Steven Eichenlaub of Intel Capital's Platform Technology Sector, Ossana Hassanein of Newbury Ventures, Dan Lankford of Wavepoint Ventures, Jim Hornthal of CMEA Ventures, and Tim Wilson of Partech International.

For more information on IBTEC, go to http://www.ibtec.org/.

Prof. Edelstein Helps Launch New Real Estate Indices

New financial options based on real estate indices designed with the assistance of Haas Professor Robert Edelstein debuted in October on the Chicago Mercantile Exchange.

The options and their underlying indices offer a new way to hedge investments or gain exposure in the $5.3 trillion US commercial real estate market without buying and selling property. Indices reflect a portfolio of market transactions or valuations used to represent and serve as a benchmark for a particular market, in this case, real estate.

Edelstein, co-chairman of UC Berkeley's Fisher Center for Real Estate and Urban Economics, has worked as a primary consultant to help Standard & Poor's and Global Real Analytics LLC, now owned by Charles Schwab Investment Management, to develop the new family of commercial real estate indices. Futures and option contracts on the indices, called the S&P/GRA Commercial Real Estate Indices (SPCREX), began trading on October 28 on the Chicago Mercantile Exchange.

Edelstein helped develop the indices using a different methodology than other real estate indices. While other indices are based on repeat sales of the same property at different times, and/or appraised values, the SPCREX indices are value-weighted, based on average transaction price per square foot and commercial real estate stock data.

Edelstein was intimately involved with designing the transaction-based indices, including evaluating the quality and data used to create them. The indices include a national composite index; five regional indices; and national indexes by property types such as retail, office, and apartments.

Healthcare Company to Sponsor New Fellowships in Responsible Business

Teaming up with LifeScan, Inc., the Center for Responsible Business has launched a new fellowship opportunity for Berkeley MBA students to help develop key corporate social responsibility initiatives.

LifeScan is a Johnson & Johnson company dedicated to improving the quality of life for people with diabetes.

"This fellowship truly embodies our center's experiential education focus," said Kellie McElhaney, executive director of the Center for Responsible Business. "There is no better way to teach corporate responsibility than to have our students go out and actually do it, along with learning the theory and frameworks in our classrooms."

The yearlong fellowship program is open to full-time MBA students with a passion for corporate social responsibility and an interest in healthcare during their second year. Students will work in the LifeScan's Community Relations Group on various assignments including assisting on long-term Global Internal Communication projects and the production of LifeScan's Social Responsibility Report. Throughout the year students will also have the opportunity to interact with and present ideas to senior-level management.

LifeScan community relations manager David Casas said the company partnered with Haas because "we felt that Kellie McElhaney and the Center for Responsible Business provide the corporate social responsibility underlying ethos we value in leaders."

LifeScan established its fellowship program at Rutgers University over 16 years ago and has expanded it to other East Coast universities. The partnership through Haas is LifeScan's first fellowship program on the West Coast.

First-year Full-time MBA students are invited to apply by January 31, 2008. Finalists will be invited to interview with LifeScan senior management and will be notified of acceptance into the program by mid-March.

For more information or to apply for the fellowship visit: http://www.haas.berkeley.edu/responsiblebusiness/lifescanfellows.html

Berkeley MBA Students Organize Third BioEntrepreneurship Roundtable, Nov. 29

Venture capitalists, entrepreneurs, and students will gather for the third annual BioEntrepreneurship Round Table (BERT2007) on Thursday, November 29, from 6:00 to 9:00 p.m. at Hotel Sofitel in Redwood Shores, California.

The theme for BERT2007 is "Driving Health Care Transformation." Its goal is to bring together venture capitalists, entrepreneurs, attorneys, and doctors with scientists, alumni, professors, and graduate students from across the UC Berkeley campus, UCSF, and the Lawrence Berkeley National Laboratory to discuss issues facing the biotech and healthcare industries.

The dinner keynote will be given by Karen Talmadge, Ph.D., co-founder and chief science officer of Kyphon, a Sunnyvale-based medical device company in spinal restoration, recently acquired by Medtronic for $4.2 billion.

Following dinner, Rich Ferrari, Jay Watkins, and David Mauney, managing directors at De Novo Ventures, a Palo Alto-based healthcare investment firm, will share with the audience "10 things they wish they knew 20 years ago." They will lead an interactive workshop on how to overcome challenging situations encountered in a startup environment.

The event is organized by the Haas Healthcare & BioBusiness Association, also known as H2B2. For more information or to register, go to http://www.BERT2007.org

Alumnus Jacob Kloberdanz Named One of BusinessWeek's Top 25 Entrepreneurs Under 25

Jacob Kloberdanz, BS 05, was named one of the "Top 25 US Entrepreneurs Under 25" by BusinessWeek (October 22) for founding Hope Wine, a winery that gives 50% of its profits from wine sales to charity.

Kloberdanz, Hope Wine's CEO, developed the concept for his cause product company in 2006, after working as a wine industry sales manager at E & J Gallo. In that role he observed an increase in short-term cause marketing campaigns and corresponding sales growth.

While in cause marketing, a business and a nonprofit organization team up temporarily to raise awareness for the cause and sales for the business, a cause product is created for the sole purpose of serving the cause all year round through awareness, education, and fundraising, according to Kloberdanz.

Hope Wine, based in Newport Beach, California, officially launched in early 2007 with an eight-person team and three wines that each raise awareness and funds for a different cause: breast cancer, autism, and AIDS. Sonoma Wine produces and bottles the company's award-winning chardonnay, cabernet, and merlot.

Hope Wine has donated more than $25,000 to date, but Kloberdanz notes, "It's not just about the money we donate; it's about spreading awareness, and it's about our team rolling up its sleeves and volunteering with the different charities.

Hope Wine sells to about 100 restaurants, grocery stores, and nonprofits throughout Southern California. Kloberdanz and his partners are currently extending distribution into Northern California and plan to expand nationally in the near future. They also seek to expand the number of varietals---and causes---they support. Their goal for 2008 is to raise more than $200,000 for charitable causes. By 2012, they hope to donate more than $20 million.

For the complete BusinessWeek article, visit http://www.businessweek.com/smallbiz/special_reports/2007
1022entrepreneurs.htm
Hope Wine is available at http://www.hopewine.com.

Alternative Energy Speaker Series Presents Diverse Ideas and Technologies

Matt Caspari, MBA 06, CEO of Aurora Biofuels, runs a startup that plans to squeeze oil from algae and convert it to biodiesel. His company's vision is among many under exploration during the ongoing Alternative Energy Series at Haas.

The seven-class series, sponsored by the new Center for Energy and Environmental Innovation (CEEI), is coordinated by fellow Berkeley MBA students Elizabeth Ingram and Luke Dunnington, both MBA 08.

The series kicked off on October 23 with talks by Haas Professor and UC Energy Institute Director Severin Borenstein and Andrew Isaacs, co-director of CEEI and executive director of the Management of Technology Program.

Yet to come are Dr. Jim McMahan, leader of the Energy Efficiency Standards Group at Lawrence Berkeley National Laboratory, and Jim Davis, president of Chevron Energy Solutions, who will speak about energy efficiency on November 27. The series will close on December 4 with a talk on bio-gas & clean-tech investment.

Open to all Berkeley graduate students, the series aims to provide a basic understanding of how the traditional energy industry works---and contrast that with a view of emerging alternative energy technologies. After receiving an overview of the oil, gas, and electric industries students participated in in-depth classes covering solar and wind energy, biofuels, battery technology, energy efficiency, and bio-gas.

Demand for the series has impressed its organizers. "We originally thought we would have 30 people take this class," Ingram says. Instead, 63 graduate students showed up, a turnout Ingram credits to the growing interest in global warming and alternative energy.

Other speakers who presented this fall include Marianne Wu, partner at Mohr Davidow Ventures; Kurt Kelty, director of energy storage technology at Tesla Motors; and Eric Daly, MBA 05, of Babcock and Brown.

Organizers are planning to offer an expanded series next fall.

Anyone interested in attending the upcoming events should contact Elizabeth Ingram at elizabeth_ingram@mba.berkeley.edu.

Moskowitz Prize Winner Says Happy Employees are Better Investors

A new study showing that companies with high employee satisfaction have historically demonstrated superior stock performance was awarded the 2007 Moskowitz Prize for Socially Responsible Investing by the Center for Responsible Business at the Haas School in cooperation with the Social Investment Forum.

The Moskowitz Prize was launched in 1996 by the Social Investment Forum to recognize the best quantitative study of socially responsible investing and came under the umbrella of the Center for Responsible Business in 2005.

The $5,000-prize-winning paper, titled "Does the Stock Market Fully Value Intangibles? Employee Satisfaction and Equity Prices," was written by Wharton Assistant Professor of Finance Alex Edmans. It explores the relationship between employee satisfaction and long-run stock performance. The study reviewed a stock portfolio selected by Fortune magazine as the "Best Companies to Work For in America" in 1998 and found the portfolio earned more than double the market return by the end of 2005, in addition to outperforming industry- and characteristics-matched benchmarks.

"Many studies have shown that social investors can earn competitive returns. But this is one of the first studies to suggest that there could be a performance benefit to owning companies with certain positive characteristics," said Lloyd Kurtz, Moskowitz Prize administrator and senior portfolio manager at Nelson Capital Management, an investment advisory affiliate of Wells Fargo.

Over 30 papers from researchers around the world competed for the annual prize, which promotes the concept, practice, and growth of socially responsible investing. Edmans was awarded the prize at the 18th Annual SRI in the Rockies Conference held in Santa Ana Pueblo, New Mexico, on November 4. Allen Goss of Ryerson University's Ted Rodgers School of Management in Canada received an honorable mention for his paper "Corporate Responsibility and Financial Distress."

The Moskowitz Prize is sponsored by the Calvert Group, First Affirmative Financial Network, Nelson Capital Management, Rockefeller and Co., and Trillium Asset Management.

Haas Faculty and Staff Invited to Celebrate the Holidays, Dec. 12

All faculty and staff members are invited to the Haas School's annual holiday gathering on Wednesday, December 12th, from 3:00 p.m. to 5:00 p.m. in the Bank of America Forum.

To brighten and warm the winter darkness, the party will be a "Fiat Lux Festival," borrowed from the University of California motto of "Fiat Lux" or "Let there be light." Attendees will be encouraged to shine during an arts and crafts project (similar to the snowmen from last year) and a karaoke competition.

The arts and crafts projects will be completed ahead of the party as an inter-departmental competition. A formal invitation will be sent this week outlining details for participation in the art project and information on other aspects of the festivities.

Bancroft Catering will provide refreshments and a musical group will perform. In keeping with long-held Haas tradition, Gundars Strads will provide his special eggnog for all who wish to partake.

Introducing New MBAA Officers for 2008

The Berkeley full-time MBA students have elected new MBA Association (MBAA) officers for 2008. Current MBAA President Cliff Dank announced the election results to students on Monday, November 12.

The new officers will begin serving on January 1 but the transition process is expected to commence over the next few weeks.

2008 MBAA Officers:

President--Mariah Funk
VP Academics--Urvi Parkeh
VP Admissions--Morgan Eckles
VP Alumni--Nora Tucker
VP Careers--Sean Bornheimer
VP Clubs--Rachel Wolan
VP Communications--Charlene Chen
VP Community--Omar Garriott
VP Diversity--Daisuke Tanaka
VP Finance--Trey Clark
VP International--Oliver Strutyunski
VP Social--Justin Parker
VP Technology--Rags Srinivasan

Note from the Editor

Haas NewsWire will publish its last issue of 2007 on December 10. The first issue of the new year is scheduled for Tuesday, January 22, 2008.

Haas in the News

The Haas Socially Responsible Investment Fund was featured in a BusinessWeek article on November 21 titled "Student Funds Get Responsible." For the full article: http://www.businessweek.com/bschools/content/nov2007/bs2007
1120_198784.htm?chan=bschools_bschool+index+page_top+stories.

Alumnus Maurice J. Gallagher, Jr., MBA 74, recently donated $10 million to the UC Davis Graduate School of Management, which will name its building the Maurice J. Gallagher Hall, according to a November 20 article in California Aggie. For the full article: http://media.www.californiaaggie.com/media/storage/paper981/news/
2007/11/13/CampusNews/Uc.Davis.Receives.10.Million.Gift-3096683.shtml

Kenneth Rosen, co-chair of the Fisher Center for Real Estate and Urban Economics, who gave his annual real estate and economic forecast at the November 19 Real Estate Symposium, was quoted in several media outlets, including:
+ San Francisco Chronicle on November 20: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/11/20/BUAJTFF1N.DTL&type=business
+ Inman.com, "Economist: Odds rise for economic recession," on November 19
+ Los Angeles Times, "'How low can we go?' is key question as Southland home values fall," on November 19

Alumnus Arun Sarin, MBA 78, CEO of Vodafone, UK, was interviewed for a Financial Times feature titled "Vodafone survivor sets a course for convergence," on November 19.

Berkeley MBA students are among the "10 most innovative teams in the world," after competing in the Darden Innovation Challenge's finalist round against 285 teams from 55 countries, according to a MBA Universe article on November 17. For the full article: http://www.mbauniverse.com/innerPage.php?id=ne&pageId=731.

Professor David Vogel was featured in an East Bay Business Times article on November 16 that covered the California Management Review's 50th anniversary and the Inside Innovation Conference. For story: http://eastbay.bizjournals.com/eastbay/stories/2007/11/19/story7.html

Dean Tom Campbell was quoted in an East Bay Times article about two gifts to UC business schools from Haas School alumni: the $50 million gift by alumnus Gerson Bakar to the Haas School and the $10 million gift by Maurice J. Gallagher, MBA 74, to UC Davis's Graduate School of Business on November 16. For story: http://eastbay.bizjournals.com/eastbay/stories/2007/11/19/story10.html

The Haas School was mentioned in an article on California State Treasurer Bill Lockyer's proposal to withdraw support for the entire UC system published in the Gateway of the University of Nebraska, Omaha, on November 16. For the full article: http://media.www.unogateway.com/media/storage/paper968/news/
2007/11/16/ArtsLeisure/What-If.Uc.System.Lost.State.Funding-
3105163.shtml

The Haas School's third annual Intel+UC Berkeley Technology Entrepreneurship Challenge (IBTEC) competition was covered in Infobolsa, a Spanish news outlet, on November 16. For the full article: http://www.infobolsa.es/v2002/Noticias/noticias_titulares2.asp?Fuente=IBNW&FechaNot=20071116&Clasif=C&Numnot=104341

Adobe System Inc.'s appointment of Haas alumnus Shantanu Narayen, MBA 93, as its new CEO made news around the world.
+ Business Standard,India on November 15: http://www.business-standard.com/common/storypage.php?autono=304454&leftnm=5&subLeft=0&chkFlg=
+ India's Economic Times on November 13: http://economictimes.indiatimes.com/News_by_Industry/Adobe_appoints
_Shantanu_Narayen_as_its_new_president/articleshow/2537684.cms
+ Times of India on November 13: http://infotech.indiatimes.com/quickiearticleshow/msid-2537822.cms
+ Marketwatch on November 12: http://www.marketwatch.com/news/story/adobe-names-narayen-new-ceo/story.aspx?guid=%7BB5CCC4B3-C647-437B-9ADD-841D3E2FF9D4%7D&dist=MostTopHome
+ Reuters on November 12: http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&storyID=2007-11-12T234752Z_01_N12505350_RTRIDST_0_ADOBE-OUTLOOK-UPDATE-2.XML
+ Wall Street Journal on November 12: http://online.wsj.com/article/SB119490280065890425.html?mod=googlenews_wsj
+ CNET News on November 12: http://www.news.com/8301-10784_3-9815412-7.html?tag=nefd.blgs
+ Forbes on November 12: http://www.forbes.com/afxnewslimited/feeds/afx/2007/11/12/
afx4330217.html

Narayen also joined the board of directors of Metavante Technologies, Inc., according to a PR-Inside article on November 15. For article: http://www.pr-inside.com/metavante-announces-eleventh-member-of-r301823.htm

Dean Tom Campbell was interviewed in Live Mint, the Indian partner of The Wall Street Journal, on entrepreneurship and the role governments and educational institutions play to drive innovation on November 15. For the full article: http://www.livemint.com/2007/11/15231807/Startup-lending-has-to-be-bas.html.

Assistant Professor Thomas Davidoff appeared on KTVU Channel 2 News on November 14 to discuss mortgage defaults.

Dean Tom Campbell opened the Third Annual TiE-ISB event with an address on "Leading through Innovation," addressing the importance of cooperative teamwork, entrepreneurship, global perspectives, and fresh ideas in academics, according to India PR Wire on November 14. Full article at http://www.indiaprwire.com/pressrelease/information-technology/200711145636.htm.

Kevin Brown, MBA 96, president and CEO of Kidaro, was featured with a speaker bio in the Virtualization Newsdesk on November 8. For the full article: http://virtualization.sys-con.com/read/458023.htm

UC Berkeley was named the top public university in a Sierra Club survey of the greenest UC campus, according to a University of California Office of the President article on November 8. The article also mentioned Berkeley-Columbia Executive MBA student Bhavik Joshi, MBA 08, who chaired the organizing committee for the Berkeley-Stanford Clean Tech Conference. For the full article: http://www.berkeley.edu/news/berkeleyan/2007/11/08_coolschool.shtml

MBA graduate Rick Barker, MBA 93, is the newly appointed chief executive officer of IndustryNext, an innovative technology service firm that specializes in user experience design and application development for media and entertainment companies, according to an Earthtimes article on November 7. For the article: http://www.earthtimes.org/articles/show/news_press_release,218298.shtml

Kenneth Rosen was also quoted on the current real estate and economic outlook in several outlets:
+ Daily Business Review on November 5 http://www.dailybusinessreview.com/news.html?news_id=45597
+ International Herald Tribune, France, "US real estate: The REIT stuff goes wrong" on October 30
+ Bloomberg News, "REITs See Biggest Drop Since 1998 as US Rout Grows, on October
+ Bloomberg News, "US real estate investment trusts are poised for their biggest decline in almost a decade as higher ...," on October 25
+ Livemint, India, "US real estate trusts likely to post biggest decline since 1998," on October 25
+ Miami Daily Business Review Special Report: "Real Estate's Biggest Deals" on November 6
+ Seeking Alpha, "Housing Bubble and Real Estate Market Tracker," on November 7

The Haas School and MBA student Merrian Fuller, MBA 08, were mentioned in several articles about the new interdisciplinary Center for Energy and Environmental Innovation. For the full articles:
+ UC Berkeley News Center featured news on November 8: http://www.berkeley.edu/news/media/releases/2007/11/08_pvscene.shtml
+ East Bay Business Times on November 5: http://eastbay.bizjournals.com/eastbay/stories/2007/11/05/story12.html

Alumnus Scott Pinizzotto, MBA 98, founder and CEO of Brondell, a San Francisco start-up that offers heated toilet seats with a bidet-like spray wash, dryer and deodorizer, was featured in the San Francisco Chronicle on November 9. For the full article: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/11/09/BU6KT85V5.DTL

The Berkeley-based company started by alumnus Pat Galvin, MBA 00, Vignette Wine Country Soda, was mentioned in the Food section of the Los Angeles Times on October 17.

Happening at Haas

Dean's Speaker Series
White-Collar Crime -- Perspectives from a Convicted Felon and US Prosecutors
Tuesday, November 27
12:45 p.m. to 2:00 p.m.
Wells Fargo Room

Management of Technology Lecture Series
Jean Paul Jacob of IBM
The Future Is Not What It Used To Be
Wednesday, November 28
4:00 p.m. to 6:00 p.m.
C230 Cheit Hall

Management of Technology Lecture Series
Michael Marks of Kohlberg Kravis Roberts
Global Technology Investing
Wednesday, December 5
4:00 to 6:00 p.m.
C230 Cheit Hall

Berkeley-Columbia Speaker Series
Martin Eberhard, co-founder and president of Tesla Motors
Friday, December 7
12 noon
Arthur Andersen Auditorium

ALUMNI EVENTS

BAY AREA ALUMNI
2007 MOT-China@Berkeley B-Plan & Venture Capitalists
Wednesday, November 28
4:00 to 8:30 p.m.
Bancroft Hotel Conference Room, 2680 Bancroft Way Berkeley, CA 94704
http://www.zoomerang.com/recipient/survey-intro.zgi?p=WEB2275NK3N4JN

MEXICO SOUTHERN CALIFORNIA/HAAS STANFORD ALUMNI
Big Game Viewing Party
Saturday, December 1
2:30 p.m. to 9:00 p.m.
Casa de La Universidad de California Carmen # 1, Chimalistac, Mexico City, Delegaci o n Alvaro Obregon CP 11070
http://www.universityofcalifornia.edu/casa/alumni/directions.html
Registration: UC and Stanford https://cougar.ucop.edu/alumni/lacasa_rsvp.html, telephone 5662-4135, or email to casauniversidaddecalifornia@prodigy.net.mx
USC: to anav@usc.edu or telephone 5202-8822
Cost: Suggested donation is 250 pesos per adult, 125 children and EAP students. Checks to be made payable to "La Casa de la Universidad de California en Mexico AC"

NEW ENGLAND ALUMNI
Cross-Business School Happy Hour
Tuesday, December 4
6:00 to 9:00 p.m.
Julien Bar and Lounge, Langham Hotel, 250 Franklin Street, Boston, MA 02110
Cost: Cash Bar
Join alums from Wharton, Sloan (MIT), INSEAD, IMD, Stanford, Stern, (NYU), Tuck (Dartmouth), SOM (Yale), London Business School, Johnson (Cornell), Fuqua (Duke), Harvard, and Columbia for the monthly Cross-Business Happy Hour.

Webinar: Your First 90 Days: On-Board Yourself!
Wednesday, December 5
7:00 p.m. to 8:00 p.m.
How do you avoid becoming a statistic and ensuring your success in your new position at your new company, group or business unit? About one-quarter of all new hires won't make it through their first year, according to research from the Employment Policy Foundation. This webinar will cover the steps to put in place from day one on the job:

• Who to meet and greet and how to build a support system
• Understanding the politics and the stakeholders
• Setting yourself up for success not failure
• Creating credibility and managing expectations
• Integrating into the social norms and groups

To register: http://www.acteva.com/booking.cfm?bevaid=145115

SOUTH BAY ALUMNI
Networking and Charity Poker Evening Benefiting the Haas Annual Fund
Thursday, December 6
6:00 p.m. to 9:30 p.m. (tournament starts at 7:15 pm sharp)
UCSC Extension, Sunnyvale, 1180 Bordeaux Drive, Sunnyvale, CA 94089
Registration: http://www.acteva.com/booking.cfm?bevaid=146789
Cost: Register and make a $75 or higher tax deductible donation to Haas to reserve your tournament entry. If you want to bring a spouse or friend, register yourself and the other person and donate at least $125 ($75+$50) for both entries. Of course, you can donate more than the minimum if you like.
For more information, please call Chris Heid at (650) 759-6572.

SEMINARS

Shansby Marketing Research Seminar
For more information, contact Donna Seaward at dseaward@haas.berkeley.edu.

Neal Roese, Professor, Psychology Department, University of Illinois
Wednesday, November 29
4:00 p.m. to 5:30 p.m.
C320 Cheit Hall

Catherine W.M. Yeung, Assistant Professor of Marketing, National University of Singapore Business School
Wednesday, December 6
4:00 p.m. to 5:30 p.m.
C320 Cheit Hall

OBIR
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

Toby Stuart, Professor, Harvard Business School
Wednesday, November 28
12:30 p.m. to 2:00 p.m.
C320 Cheit Hall
Xueguang Zhou, Professor of Sociology, Stanford University
Wednesday, December 5
4:00 p.m. to 5:30 p.m.
C320 Cheit Hall

FINANCE SEMINARS
For more information, contact June Wong at june@haas.berkeley.edu

Armando Gomes, Washington University, St. Louis
Thursday, November 29
4:10 p.m. to 5:40 pm
C210 Cheit Hall

THE OLIVER E. WILLIAMSON SEMINAR ON INSTITUTIONAL ANALYSIS
For more information, go to http://groups.haas.berkeley.edu/imio/workshopf2007.htm

Nicholas Economides, New York University
Two-Sided Competition of Proprietary vs. Open Source Technology Platforms and the Implications for Software Industry
Thursday, November 29
4:10-6:00 pm
C325 Cheit Hall

Kevin McCabe, George Mason University
The Neuroeconomics of Self and Other
Thursday, December 6
4:10 p.m. to 6:00 p.m.
C325 Cheit Hall

ENTREPRENEURIAL BEST PRACTICES SERIES

Monday, November 26
Integrating Social Impact Measurement into your Business Plan
6:30-8:30 PM
C230 Cheit Hall

The Haas NewsWire is the bi-monthly electronic news publication for the Haas community published every Monday by the Marketing and Communications Office at the Haas School. Send your news, feedback, and suggestions to haasnews@haas.berkeley.edu.

Archived issues of Haas NewsWire are available online at http://haas.berkeley.edu/groups/newspubs/haasnews/
archives/hnarchiv.html.