Editor's Note: This is the last issue of Haas NewsWire this year. Publication will begin next semester on the first day of instruction,Tuesday, Jan. 20, and return to a biweekly schedule every other Monday after that.

Berkeley MBAs Meet Oracle of Omaha

Zach Chan, MBA 10,

and Warren Buffett

More than two dozen Berkeley MBA students met with renowned investor and philanthropist Warren Buffett on Nov. 21 in Omaha, Neb., during a visit that will be broadcast on the Fox Business Channel Dec. 4.

Joining students from five other business schools across the country, 27 Haas students in the Full-time, Evening & Weekend, and Berkeley-Columbia Executive MBA programs participated in a comprehensive two-hour question-and-answer session with Buffett, chairman and CEO of Berkshire Hathaway, at his office.

Each school was allowed to pose four questions, which covered topics including President-elect Barack Obama's tax policy, current economic conditions, and how to value a company prior to acquisition.

"It was very fascinating how he gave in-depth answers to every question. He didn't just give a one- or two-sentence answer," says trip organizer Alan Jen, MBA 09, a student in the Evening & Weekend Program. "He was very gracious in giving his time to students."

In an entry about the trip on the Haas School's Evening & Weekend Program's student blog, Diana Lai, MBA 09, said she was particularly struck by Buffett's view on taxes. "He said that people would work just as hard no matter if there's an increase in the tax rate. In a survey of his company, the average employee paid 32 percent in income taxes, while Mr. Buffett paid 17 percent in taxes for last year," Lai wrote in the blog. "He said that this was unfair."

Following the question-and-answer session, Buffett treated his guests to lunch at a local restaurant. Students also had the opportunity to tour the Nebraska Furniture Mart, a Berkshire Hathaway subsidiary. The day's events were filmed by the Fox Business Channel for a special called "Warren U.," which will air at 7:00 p.m. PST Dec. 4.

A total of 112 Haas students applied to go on the trip, which was sponsored by the Haas Finance Club.

To thank Buffett, the Haas Finance Club presented him with a silver "Rescue Bucket" engraved with the Haas logo to symbolize his investments during the current financial crisis. This was the second year in a row that Berkeley MBA students have traveled to Omaha to meet with Buffett, who hosts similar events seven times a year.

Busse, Ding, and Livdan Awarded Schwabacher Fellowships

Meghan Busse, Waverly Ding, and Dmitry Livdan are the 2009-2010 recipients of Schwabacher Fellowships, the highest honor the Haas School confers upon assistant professors every year.

Schwabacher fellows receive modest financial support and benefit from a reduced teaching load during the award period. The fellowship is awarded in recognition of teaching and research accomplishments. Recipients are chosen by the executive committee of the Haas School.

"The Schwabacher Fellows are assistant professors who have shown outstanding research, exceptional departmental service, unusual scholarly growth, or some combination thereof," said Ganesh Iyer, associate dean for academic affairs. "This year's winners exemplify these qualities and are richly deserving of the honor."

Busse, a member of the Haas Economic Analysis and Policy Group, researches issues of market structure and competition and price discrimination. She joined Haas in 2002 and has excelled in teaching in the MBA program. Busse, currently on sabbatical, earned her Ph.D. in economics from the Massachusetts Institute of Technology.

Ding, a member of the Organizational Behavior and Industrial Relations Group, examines issues related to entrepreneurship, innovation, technology strategy, and strategic alliances. Ding has explored the sociology of the sciences, exploring important issues such as when scientists become entrepreneurs and gender differences in patenting in the life sciences. Ding earned her Ph.D. in business from the University of Chicago and joined the Haas faculty in 2004.

Livdan, a member of the Finance Group, earned a Ph.D. in finance from Wharton and a Ph.D. in physics from the City University of New York. His research interests span both asset pricing and corporate finance, and he is seen as one of the promising young scholars in financial economics. Livdan, who left Ukraine in 1991, joined the Haas faculty in 2007.

Career Services Expand for Alumni Hit by Crisis

The Haas School has expanded its career services offerings for alumni in response to the economic downturn, adding evening career advising, job search teams for alumni out of work, and new programs for New York alumni.

Starting in November, MBA Alumni Career Services is offering free advising services by appointment until 8:00 p.m. on Tuesdays and Wednesdays. Between two to four advisers will be available during those evening hours to assist alumni.

"In the past year we've seen our numbers double for alumni advising," says Pat Demasters, director of MBA Career Services. "With our new evening advising hours, I would expect that number to increase substantially in 2009."

In addition to the longer hours, MBA Career Services has been creating job search teams to help alumni. Facilitated by a career advisor, the job search teams of alumni typically work together for six weeks, covering a different topic each week and sharing experiences and advice, and include a one-on-one advising session.

Jim Carney, BS 83, MBA 87, joined a job search team after his employer, Irwin Home Equity in San Ramon, went up for sale. Because he was recruited for his last several positions in the financial services sector, Carney hadn't actively had to look for a job since 1987.

"It was a good way to jumpstart my job search and gain some knowledge up front that probably would have taken me some time to otherwise figure out," Carney says of the job search team. For instance, he learned the importance of meeting with people at potential employers rather than just sending in his resume in response to an ad on the Internet.

"As a former student, I was very pleased that the school took as much interest as it does in trying to help alumni," he says.

MBA Career Services also bolstered its programs in New York, which is expected to be harder hit by the financial turmoil. By teaming up with Columbia Business School, the Alumni Relations Office has been able to add a variety of career management programs to the New York alumni calendar this fall. The MBA Alumni Career Center staff also hired a part-time career coach in Manhattan.

Meanwhile, Linda Kreitzman, executive director of the Master's of Financial Engineering Program, has been including alumni resumes with those of the current class in an electronic resume book for potential employers. The MFE Program's job fair on campus Jan. 22 also is open to alumni. "The philosophy of this program has been once you are an MFE student you are always an MFE student and you're always part of Haas," she says.

That's a belief shared by the entire Haas School. Outside of New York and Berkeley, Haas Alumni Network (HAN) chapters have stepped up to the plate to develop several programs this fall focused on career management. The Los Angeles chapter held an event titled "Personal Branding: Key to Career Management in Tough Times" on Nov. 11. And the HAN South Bay Chapter held an event titled "Creating a Strategy for Transitioning Your Career" on Nov. 17.

In addition to such events, alumni can take advantage of numerous resources online:

  • Employon, a tool that aggregates job listings from several job sites as well as corporate sites.
  • Factiva, a database of business journals, periodicals, and other references.
  • A new MBA Alumni salary survey

To find out more about these career resources, visit http://www.haas.berkeley.edu/groups/alumni/career/career.html.

Prof. Tyson Dissects the Financial Crisis

Laura Tyson

"Big balance sheets" -- or government aid -- are increasingly being needed to address the global financial crisis, Professor Laura Tyson said during a special lecture for the Haas community on Nov. 18.

The private capital market around the world is broken, and entities and individuals at risk -- whether they are financial institutions like Fannie Mae or AIG, state and local governments, or the auto companies -- need big balance sheets to come to their aid so that they can survive, Tyson said during the lecture titled "Observations on the Financial Crisis."

"Where are the really large balance sheets? The government," said Tyson, who also is a board member of Morgan Stanley. "Only governments around the world have the capability to provide capital when the private capital markets are frozen."

Governments or multilateral institutions that are able to borrow or have large reserves -- like the US, the European Union, China, and the International Monetary Fund -- also have to provide credit and other forms of assistance for countries at risk from the crisis, she said. She noted how the European Union and International Monetary Fund have helped Iceland and Hungary, which is not even an EU member. And in an unprecedented move, the Federal Reserve Bank is now providing credit lines and serving as the central banker for Korea, Singapore, Mexico, and Brazil, while the International Monetary Fund has agreed to provide support for several countries including Pakistan, she said.

Within the US, Tyson said she supports large injections of funds by the federal government and the Federal Reserve to get us through the crisis. For instance, she noted that the Federal Reserve Bank could lend money to the states and local governments at attractive rates to help them spend on infrastructure projects that have been halted. She noted that the federal government deficit is currently only 4 percent of Gross Domestic Product (GDP) and the federal debt/GDP ratio is less than 40 percent, so the federal government has the ability to increase its borrowing at attractive rates of interest to fund spending and lending programs to stimulate the private sector.

She also indicated her support for the federal government to provide temporary assistance to the US auto industry. If you care about having a US auto industry in the long run, the government has to provide loans now to offset the crippling effects of the credit crisis on their operations, she said.

When a student asked her why the government should help car makers whose strategies have failed, she suggested linking capital support to the direction that the government wants the car makers to go, such as more clean energy vehicles.

"An ambitious federal stimulus package should focus on measures to increase spending and demand as quickly as possible", Tyson said. "Even under more stable economic circumstances, the stimulus effect of tax relief is smaller than the stimulus effect from an equivalent amount of government spending." she said.

However, Tyson acknowledged one problem with stimulus policy: "We want people to be thrifty, just not right now."

There are still many areas at risk, Tyson said. "There are still a lot of hedge funds that could be in trouble," she said. And several countries, including the US, Spain, the UK, and even China, have not yet done enough to address the housing slump and mortgage difficulties that have triggered the credit crisis.

Tyson noted that she argued more than a year ago that voluntary mortgage modifications by US banks wouldn't work to stem the downward spiral of falling housing prices, rising foreclosures and declining values of real estate backed securities. She argued that there should be a temporary moratorium on foreclosures. But that moratorium has to be a bridge to a meaningful loan modification and foreclosure program such as the one proposed by the Federal Deposit Insurance Corporation, Tyson said.

She also argued that the resolution of the credit crisis will require that the US government continue to provide funds to recapitalize the banking system, and it may require that the US government remove bad assets from the banking system, place them in a new entity similar to the Resolution Trust Corporation set up during the savings and loan crisis, and work them out gradually over time, with the risk of losses borne by taxpayers.

Chesbrough Honored as a Top 50 Innovation Author

Henry Chesbrough

Haas Adjunct Professor Henry Chesbrough will be honored as one of the top 50 authors in the field of technology and innovation management by the International Association of Management of Technology at its annual conference in April in Orlando, Fla.

The award is based on a quantitative analysis of research published in leading academic journals between 2003 and 2007.

During the past five years, Chesbrough has published research on open innovation, processes of industrial research and development, management of intellectual property, and services innovation. He also is the author of the 2003 award-winning book Open Innovation: The New Imperative for Creating and Profiting from Technology and its 2007 sequel, Open Business Models: How to Thrive in the New Innovation Landscape.

"It is an honor to receive this recognition of my work," says Chesbrough, executive director of the Center for Open Innovation, which is housed at the Haas School's Institute of Management, Innovation, and Organization. "This award reflects the growing academic interest in new models of industrial R &D. I expect even more research to be published in the next five years on this subject, as we are learning more every day about open and distributed innovation processes."

Panel to Explore Ethical Issues of Financial Turmoil, Dec. 11

The special Dean's Speaker Series focused on the financial turmoil will continue with a panel discussion titled "Which Ethical Lines Were Crossed?" at 7:30 p.m. Thursday, Dec. 11, in the Wells Fargo Room.

The panel will explore the ethical questions raised by the current financial turmoil, including the serious ethical breaches of ethics related to the crisis.

The panel will consist of Professor and former Dean Tom Campbell; Adam Galinsky, a visiting professor from Northwestern University's Kellogg School of Management; and Pablo Spiller, a member of the Haas Business and Public Policy Group.

Campbell was dean of the Haas School for five years and teaches a business law course in the Haas School's Berkeley-Columbia Executive MBA Program and the Evening & Weekend MBA Program. Before coming to Haas, he was a Stanford Law professor for 19 years, served five nonconsecutive terms in the US House of Representatives representing Silicon Valley, and also was elected as a California state senator.

Galinsky, a visiting professor in the Haas Organizational Behavior and Industrial Relations Group, is an expert on the topic of power and status. He has co-authored several studies about power, corruption, and risk-seeking behavior. Spiller is a leading authority on regulatory issues who has consulted consulted on regulatory reform policy in several Latin American countries. He is currently researching the role that institutions play in providing credibility to regulatory and other policies.

The panel discussion is the fifth event in the ongoing Dean's Speaker Series on the financial turmoil, which brings together Haas experts to examine the implications of the global economic crisis.

The panel discussion is open to the public, and seats will be available on a first-come, first-served basis. A light dinner will be served.

Berkeley MBAs to Show Off Design Course Prototypes, Dec. 17

A storage system for Smart Cars, a chocolate delivery service, and a portable urinal are among the prototypes that Berkeley MBA and other students will exhibit at a tradeshow Dec. 17 for Berkeley's Managing the New Product Development Process course.

The annual tradeshow, open to the Haas community, will be held from 6:00 p.m. to 9:00 p.m. at the San Francisco campus of the California College of the Arts (CCA).

The event will showcase the work of interdisciplinary teams of Berkeley graduate engineering and business students, who combined forces with CCA design students to conceive of and prototype new products for the course.

Elizabeth Berkey, a second-year MBA/MPH student, is on the Medical Products Team, which designed a urinal system for both men and women in hospitals. "Inspiration came from many hours spent this past summer as a caregiver for my dad in the hospital," says Berkey. "I realized just how much time nurses and patients spend each day dealing with bodily functions. This class has been the perfect setting in which to investigate that problem and design a creative solution that reduces nurse time and improves the lives of patients."

Judges from a number of local design firms -- including PointForward, Adaptive Path, Jump Associates, IDEO, Bolt|Peters, Cooper, and Lunar -- will provide feedback on the students' work. Design firm participation last year resulted in the successful launch of Berkeley MBA startup PACTApparel, founded by Jeff Denby and Jason Kibbey, both MBA 08.

This year's projects also had corporate sponsors, including Clorox, Chick-fil-a, Daimler/Chrysler, Hewlett-Packard, Real Goods, Mabe, Lulan, and Tcho, who will send representatives to the show.

For the first time, the course this year also included interdisciplinary student teams from the National University of Mexico (UNAM) in Mexico City, who shared course materials with Berkeley and CCA students via online tool b-space and attended lectures with UNAM professors.

Three UNAM teams will share products at the show, including one to improve the life cycle of refrigerated food, developed with Mabe Mexico, a leading producer of GE and Kenmore appliances for US and Canadian markets. Collaboration with UNAM began last fall with a Management of Technology course on design for sustainability.

"These courses provide a global perspective as well as a multidisciplinary one," says Berkeley Engineering Professor Alice Agogino, who teaches Managing the New Product Development Process with Haas Senior Lecturer Sara Beckman and designer and CCA faculty member Nathan Shedroff. "Since students learn about market conditions and drivers in both the US and Mexico, it broadens the possibilities for them to actually manufacture and market their products."

For directions to the tradeshow at CCA, go to http://www.cca.edu/about/directions.

WellPoint, McKesson Execs Headline Third Annual Health Care Conference, Feb. 7

Leonard D. Schaeffer

Leonard D. Schaeffer, chairman of Surgical Care Affiliates and founding chairman of WellPoint, and Marc Owen, an executive vice president at McKesson, will deliver keynote addresses at the Haas Business of Health Care Conference on Feb. 7.

The third annual health care conference will take place from 8:00 a.m. to 5:00 p.m. at the Haas School.

Schaeffer was the founding chairman and CEO of WellPoint, the nation's largest health insurance company. Under Schaeffer's leadership, WellPoint was selected by Fortune magazine as America's Most Admired Health Care Company for six consecutive years. Surgical Care Affiliates, where he now serves as board chairman, operates more than 130 surgery centers and surgery hospitals around the country. Schaeffer also is a senior adviser at private equity firm TPG Capital, which bought Surgical Care Affiliates in 2007.

As executive vice president of corporate strategy and business development at McKesson, Owen is responsible for overall corporate strategy, mergers and acquisitions, and business development as well as the company's operations in Mexico and Asia Pacific. Previously Owen was a senior partner at McKinsey, advising pharmaceutical manufacturers, health care providers, distributors, and technology companies.

A third keynote speaker will be announced shortly.

The conference is the only event of its kind on the West Coast, bringing together health care industry professionals and students from multiple disciplines to present and discuss ideas and learn from each other. With the theme "The Impact of Integration," the conference aims to enable the wide ranges of disciplines that make up health care to learn from each other. Panels will explore such topics as health reform in the Obama administration, the global epidemic of chronic disease, and innovation in health care delivery.

The event is hosted by the Healthcare and BioBusiness Club (H2B2); conference co-chairs this year are Jessica Johnston and Matt Holman, both MBA 09. For more information on the conference and to register, go to http://www.haashealthcareconference.org/2009.

Berkeley/UCSF Team Wins Intel+Berkeley Competition People's Choice Award

A team of UC Berkeley and UC San Francisco students was voted the winner of the People's Choice award by attendees at the international Intel+UC Berkeley Technology Entrepreneurship Challenge at the Haas School Nov. 20.

The Berkeley/UCSF team, Nano Precision Medical, received $5,000 as part of the People's Choice award. Nano Precision is developing a novel, implantable technology called NanoFlow that could deliver a wide variety of therapeutic molecules with high precision and at low cost. The company's first product in development is a treatment for chronic Hepatitis C. Team members are all Ph.D. candidates in the Berkeley/UCSF bioengineering program.

Twenty-two teams traveled to Berkeley from as far as India and China to present their business ideas before leading venture capitalist judges from Silicon Valley, including Intel Capital, Intel's venture capital arm and one of the world's largest technology VC organizations. Nine finalists emerged to compete for a total of $45,000 in cash prizes.

The $25,000 grand prize went to NeuroMOD Technologies, a team from the National University of Singapore that is developing an implantable epilepsy treatment from Singapore that could benefit more than 50 million epilepsy patients around the world. Its implantable medical device, called the NeuroMOD Epilepsy Control System, could potentially address other neurological disorders.

Another medical device, Polyskin from the National Institute of Immunology in India, won the second prize and $10,000. Polyskin is developing an affordable solution to manage burn wounds, an issue that affects more than 1 million people in India every year.

The third-prize winner uses an environmentally sound process to tan high-quality leather in China. SCU Panda Park's technology from Sichuan University would eliminate harmful tannery waste water that has threatened the country's environment. The team won $5,000.

Co-hosted by the Haas School's Lester Center for Entrepreneurship & Innovation and by Intel Corp., the Intel+UC Berkeley Technology Entrepreneurship Challenge (IBTEC) seeks to identify ventures around the world that promise the greatest positive impact on society through the commercialization of new and truly innovative technologies. Top winners of business plan competitions around the world are invited to present their plans at Berkeley every fall. This was the fourth annual IBTEC competition.

Morgan Named Cambridge Business School Fellow

Haas Professor John Morgan was recently named a fellow at the University of Cambridges Judge Business School.

As a fellow, Morgan, who serves as the faculty director for the UC Berkeley Center for Executive Education, will work with faculty at the Judge Business School to explore options for creating new executive learning opportunities as well as Ph.D. exchange program.


In summer 2007, Morgan served as a visiting fellow commoner at Trinity College at the University of Cambridge, where his research focused on the topic of global supply chains.


Since arriving at Haas in 2002, Morgan founded Berkeley's Xlab, a laboratory for experiments in the Social Sciences, and created the MBA elective Game Theory, an award-winning class. He holds the Gary & Sherron Kalbach Chair in Business Administration.


Morgan, who is currently on leave from Haas, will balance his duties as a fellow at the Judge School of Business with a yearlong consulting position at Yahoo! Research.

MOT Biotech Lecturer Tom Sanders Passes Away

Thomas G. (Tom) Sanders, who originated and taught the Management of Technology Program class Biotechnology Industry Perspectives and Business Development, passed away Nov. 21 after a lengthy battle with cancer. He was 68.

Sanders taught the biotech course from fall 2003 until fall 2007. In fall 2007, he brought on a colleague from Chiron, Jessica Hoover, to co-teach the class. She is teaching the class alone this semester.

Sanders was vice president of business development at MitoKor, a San Diego biotech firm, from 1999 to 2002. Before that, he was director of technology alliances and transfer in the law department at Chiron, a biotech company based in Emeryville. During his 15 years at Chiron, he served as director of business development and held other management positions in licensing and technology transfer, corporate strategic alliances, mergers and acquisitions, patent and research administration, and manufacturing. 

Prior to joining Chiron, Sanders was a faculty member in the departments of biology and biochemistry at Lake Forest College and Princeton University, where he pursued a research interest in developmental and molecular genetics and behavioral biology.  He received his Ph.D. and MS degrees in biochemistry from the University of Illinois, Champaign, and a BA degree in biology from Williams College in Massachusetts.

Tom is survived by his wife, Suzy; son, Thomas Garrison Jr. and his fiancée, Carly Auten; step-daughter, Jennifer Wyckoff; and brother, George, and his wife, Phyllis, of Cherry Hill, NJ.

A service to celebrate Sanders'  life will be held at 1:30 pm on Sat., Dec. 13, at the Oakmont Memorial Park, 2099 Reliez Valley Road, Lafayette. Contributions in Sanders' memory may be sent to Dr. Eric Small, Director of Urologic Oncology, University of California, San Francisco, Comprehensive Cancer Center, Mt. Zion Hospital, 1600 Divisadero Street, San Francisco, CA 94115. Checks should be made payable to the UCSF Foundation and include a notation that the contribution is to be used for prostate cancer research.

Join the Festivities at Holiday Gathering, Dec. 12

Get your vocal chords ready for another round of singing -- sing solo, be a member of a singing group, or perform karaoke -- at the Haas Annual Holiday Gathering from 3:00 p.m. to 5:00 p.m. Friday, Dec. 12, in the Bank of America Forum. 'Tis the Season to share your talent!

In addition to the sing-alongs, the celebration will feature live music from a special guest. Those who prefer to refrain from performing will still be able to enjoy a delicious spread of gourmet edibles and Gundars' famous eggnog.

The celebration also will include the opportunity to give back to the community. There are two ways to give:


Purchase a Gift for a Child
Contact Mai Pham at mpham@haas.berkeley.edu to receive a "gift tag" for a a child.  All gifts will go to A Better Way, a local organization with the mission of helping children through an array of foster care, adoptive, therapeutic and educational services.


Make a Monetary Donation to Keep Families Warm
Donate to R.E.A.C.H., a project managed by the Salvation Army, which provides emergency financial assistance to PG&E customers in jeopardy of losing their energy services for the winter. A donation collection is located in the Haas Gear Store, beginning today, thru Friday, Dec. 19.

Questions about the event should be sent to Meg Fellner at meg_fellner@haas.berkeley.edu.

Staff News

Haas Development and Alumni Relations Office Hires New Annual Fund Director, Administrative Assistant

Laurent Choppin de Janvry joined the Haas School Development and Alumni Relations Office Nov. 24 as director of the Haas Annual Fund, and Joelle Toskey was hired as the Annual Fund administrative assistant on Nov. 19.

Choppin de Janvry came to Haas from UC Berkeley, where he was the director of strategic and direct marketing services for central campus annual giving programs. Prior to working for Berkeley, Laurent worked as a senior consultant for Prophet Brand Strategy; an associate product manager for Del Monte Foods, and a senior consultant for Arthur Andersen. Choppin de Janvry earned a BA in economics from University of California, Berkeley and MBA from the University of Southern California Marshall School of Business.

Outside of work, Choppin de Janvry enjoys traveling to distant lands, red wine, and playing soccer and field hockey.

Toskey came to Haas from MemberHealth LLC in Cleveland, Ohio. She earned a BA in communications in 2002 from Penn State University.

Outside of work, Toskey enjoys reading and movies.

Email: lo_dejanvry@haas.berkeley.edu
Phone: 642-1224
Office: 2001 Addison Street

Email: joelle_toskey@haas.berkeley.edu
Phone: 642-0727
Office: 2001 Addison Street

Haas in the News - As of 12/01/08

Jim Wilcox, a professor in the Haas Finance and Haas Economic Analysis and Policy groups, was quoted Nov. 26 in an Associated Press article titled "FDIC to allow non-banks bid for troubled banks."

Wilcox was quoted about Berkeley Economics Professor Christina Romer's role as head of Obama's Council of Economic Advisors in a Nov. 24 KCBS news segment titled "Cal Professor to Head Econ Advisors."

Dean Rich Lyons was interviewed about President-elect Barack Obama's selection of Romer in a Nov. 24 KGO segment.

John Woods, MBA 09, was quoted in a Nov. 25 Daily Californian article titled "Falling Currencies Worldwide Impact International Students."

John Quigley, a professor in the Haas Real Estate Group and interim dean of the Goldman School of Public Policy, was interviewed by Phil Matier Nov. 24 on Channel 5 KPIX in a segment titled "Obama Urges New Economic Stimulus Package."

Kenneth Rosen, co-chairman of the Fisher Center for Real Estate, was featured for his participation in the 31st Annual Real Estate and Economics Symposium in a Nov. 24 ABC 7 News article titled "Ken Rosen gives mixed outlook at symposium."

Severin Borenstein, a professor in the Haas Economic Analysis and Policy Group and director of the University of California Energy Institute, was quoted about raising the gasoline tax in a Nov. 23 Sign On San Diego article titled "Sales taxes not best way to balance state budget."

Wilcox was quoted about Citigroup's status on Wall Street in a Nov. 23 New York Times article titled "Awaiting Reaction to 3rd Try at Bailout."

Thomas Davidoff, an assistant professor in the Haas Real Estate Group, was quoted about the drop in housing values in a Nov. 22 Seattle Times article titled "Home Prices in California down 40 percent."

Laura Tyson, a professor in the Haas Business and Public Policy Group, was mentioned as a member of president-elect Barack Obama's 17-person Transition Economic Advisory Board in the following news outlets:
+ Nov. 24, CNBC, http://www.cnbc.com/id/27896241
+ Nov. 24, The American Conservative, http://www.amconmag.com/article/2008/dec/01/00009/
+ Nov. 23, San Mateo County Times, http://www.insidebayarea.com/sanmateocountytimes/localnews/ci_11051487
+ Nov. 23, Living on the Earth, http://www.loe.org/shows/segments.htm?programID=08-P13-00047&segmentID=2
+ Nov. 23, Pork Magazine, http://www.porkmag.com/directories.asp?pgID=675&ed_id=6809
+ Nov. 21, CNN Political Ticker, http://politicalticker.blogs.cnn.com/2008/11/20/cnns-short-list-obamas-secretary-of-commerce/
+ Nov. 21, WISN, http://www.wisn.com/news/18027717/detail.html
+ Nov. 21, ABC News Blogs, http://blogs.abcnews.com/politicalpunch/2008/11/obama-taps-geit.html
+ Nov. 19, Black Star News, http://blackstarnews.com/?c=121&a=5129
+ Nov. 19, Bizjournals, http://www.bizjournals.com/phoenix/stories/2008/11/17/daily53.html
+ Nov. 16, Beijing's CCTV, http://www.cctv.com/program/bizchina/20081116/102739.shtml
+ Nov. 15, Investor's Business Daily, http://www.investors.com/editorial/editorialcontent.asp?secid=1501&status=article&id=311558492117605
+ Nov. 14, Guardian Unlimited, http://www.guardian.co.uk/commentisfree/cifamerica/2008/nov/14/barack-obama-hillary-clinton
+ Nov. 13, Huffington Post, http://www.huffingtonpost.com/mark-cuban/president-elect-obamas-fi_b_143645.html

Tyson was quoted about her research on the worsening global economic climate and its effect on the equality between the sexes in the following news outlets:
+ Nov. 19, Daily Vidette, http://www.dailyvidette.com/home/news/2008/11/19/News/Report.Womens.Rights.Still.Lacking-3550769.shtml
+ Nov. 19, Business Standard, http://www.business-standard.com/india/storypage.php?autono=340624

Wilcox was interviewed Nov. 19 by Phil Matier on Channel 5 KPIX in a segment titled "Who's Leading California Out of the Budget Mess?"

The fourth annual >play conference at the Haas School Nov. 15, was featured in several media outlets:
+ Nov. 19 East Bay Express, http://www.eastbayexpress.com/blogs/tomorrow_s_technologies_debut_at_cal_digital_media_conference/Content?oid=869190
+ Nov. 17, VideoGamer, http://www.videogamer.com/news/17-11-2008-9941.html
+ Nov. 17, The Escapist, http://www.escapistmagazine.com/news/view/87491-Microsoft-VP-Nintendo-Shows-The-Way
+ Nov. 16, VentureBeat, http://venturebeat.com/2008/11/16/microsofts-shane-kim-loves-nintendo-talks-up-new-xbox-experience-as-social-network/

Hayne Leland, a professor in the Haas Finance Group, was quoted on people's attitudes regarding Wall Street and the business cycle in a Nov. 24 Forbes blog article titled "Computing our way into the collapse."

Pablo Spiller, professor in the Haas Business and Public Policy Group, was quoted about the possibility of President-elect Barack Obama rewriting the rules for Wall Street in a Nov. 19 Bloomberg article titled "Obama Embrace of Wall Street Insiders Points to Politic Reforms."

Wilcox was featured for being the keynote speaker at a conference presented by Haas' Orange County Alumni Network, in a Nov. 18 News Blaze article titled, "James A. Wilcox Presents 'Financial Tsunami Aftermath: What's Next for Investing, Borrowing, and Real Estate."

Jennifer Chatman, a professor in the Haas Organizational Behavior and Industrial Relations Group, was quoted about the need for a fresh set of eyes to look at Yahoo!'s business in a Nov. 18 CNET article titled "What CEO Skills Should Yahoo Look For?"

Tony Duynstee, MBA 09, was quoted about his participation in the seventh annual UCLA Anderson Club Soccer Tournament in a Nov. 18 Daily Bruin article titled "Tournament mixes business and pleasure."

Borenstein was quoted about how the global economic downturn brought down the crash in energy prices in a Nov. 18 Sacramento Bee article titled "Gas Price Drop Not Such a Relief Amid Capital-Region Slump."

Borenstein wrote an op-ed about opportunities found in the downfall of the price of gasoline, greenhouse gases, and the budget crisis in a Nov. 17 Sacramento Bee article titled "My View: Gas Surcharge Could Help Deficit, Environment."

Happening at Haas

Education Speaker Series: Game Changing Entrepreneurs

Don Shalvey, Chief Executive Officer and Co-Founder,
Aspire Public Schools

John Danner, CEO and Founder, Rocketship Education

Monday, Dec. 8

6:00 p.m. to 8:00 p.m.

Cheit 330

For more information, please contact Samir Bolar (samir_bolar@mba.berkeley.edu) or Mahta Eghbali (mahta_eghbali@mba.berkeley.edu).



Dean's Speaker Series on Financial Turmoil
"Which Ethical Lines were Crossed"

Professor and Former Dean Tom Campbell,
Visiting Professor Adam Galinsky,
Professor Pablo Spiller
Thursday, Dec. 11
7:30 p.m.
Wells Fargo Room

Haas Annual Holiday Gathering
Friday, Dec. 12
3:00 p.m. to 5:00 p.m.
Bank of America Forum

Third Annual Haas Business of Health Care Conference
Saturday, Feb. 7
8:00 a.m. to 5:00 p.m.
The Haas School


Entrepreneurial Best Practices Series: Social Ventures Financing & Impact
Monday, Dec. 1
6:30 p.m. to 8:30 p.m.
Wells Fargo Room

Entrepreneurial Best Practices Series: How to Write a Business Plan / Pitching
Monday, Dec. 8
6:30 p.m. to 8:30 p.m.
Haas C230


Constanca Esteves, UC Berkeley
Micro-costs: Inertia in Television Viewing
Thursday, Dec. 4
4:10 p.m. to 6:00 p.m.
Cheit Hall 325

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

William Fuchs, University of Chicago
Bargaining with Arrival of New Traders
Tuesday, Dec. 2
4:10 p.m. to 5:40 p.m.
Cheit Hall 210

John Campbell, Harvard University
Forced Sales and House Prices
Thursday, Dec. 4
4:10 p.m. to 5:40 p.m.
Cheit Hall 210


Jean Paul Jacob
Technology Evangelist, IBM
Wednesday, Dec. 3
4:00 p.m. to 6:00 p.m.
Wells Fargo Room


Fiona Murray, MIT Sloan School of Business,
Does Open Access Democratize Innovation?
Wednesday, Dec. 3
4:00 p.m. to 5:30 p.m.
Hearst Mining and Minerals Building, Room 290


Asia Business Center Conference "Managing Family Business in a Global Marketplace"
Monday, Dec. 1
Conference: 8:00 a.m. to 5:00 p.m., Gala Dinner: 6:30 p.m. to 9:30 p.m.
The Ritz-Carlton, 7 Raffles Avenue, Singapore

American Hour Networking Reception at the US Embassy
Tuesday, Dec. 2
6:00 p.m. to 8:30 p.m.
American Embassy, 24 Grosvenor Square, London
RSVP: assunta@theamericanhour.com

Entrepreneurship Clinic
Thursday, Dec. 2
6:30 p.m. to 9:00 p.m.
London Business School, Park Road, NW1 4 SA, London (Nearest tube: Baker Street)
RSVP: http://forms.london.edu/form.asp?id=9760. Please return the reservation form to alumnievents@london.edu.

Reception for the Melanie Woiwode Scholarship Fund
Wednesday, Dec. 3
7:00 p.m. to 8:30 p.m.
Winston House, 3 Bedford Square, London
RSVP: MBalisciano@msn.com
Cost: Free ($10 donation suggested)

Just How Much Individual Investors Lose From Trading?
Wednesday, Dec. 3
6:00 p.m. to 7:30 p.m.
12th floor, No. 245, Tun-Hwa South Road Section 1. Elite Book Store, Shin Kong Tung-nan Building
Registration: http://activweb1.skbank.com.tw:8088/berkeleyact/default.aspx

Forum: "2009 Economic Outlook"
Wednesday, Dec. 3
5:30 p.m. to 9:00 p.m.
Hotel Ritz-Carlton, Mega Kuningan, Jakarta
Cost: Rp300.000/pax

Dean's Reception in Hong Kong
Wednesday, Dec. 3
7:00 p.m. to 9:00 p.m.
Conrad Hotel, Pacific Place, 88 Queensway, Hong Kong, China
Registration: http://guest.cvent.com/EVENTS/Info/Invitation.aspx?e=7d66ae32-f4db-4a91-b138-f590d7b10c68

Toast the Holidays at Tabula Tua
Thursday, Dec. 4
6:30 p.m. to 8:30 p.m.
Tabula Tua, 1015 West Armitage Avenue, Chicago
RSVP: email Cindy Karasick at c_karasick@yahoo.com before Dec. 1 to register

Cal vs. Washington Tailgating Party
Saturday, Dec. 6
Location TBA
Registration: PayPal to HaasforStudents@haas.berkeley.edu
Cost: $15 donation

Dean's Reception in Shanghai
Saturday, Dec. 6
6:30 p.m. to 8:30 p.m.
Shanghai Ocean Aquarium, No. 1388 Lujiazui Ring Road, Pudong New Area, Shanghai, China
Registration: www.haas.berkeley.edu/alumni/asia

Haas Venture Capital Alumni Dinner
Monday, Dec. 8
To RSVP contact: Alex Ortiz, MBA 07, alex.ortiz@mba.berkeley.edu or Nader Ghaffari, MBA 07, NetService Ventures Group, nader@nsv.com

Panel Discussion: Evolution of Investment in China
Tuesday, Dec. 9
6:00 p.m. to 8:30 p.m.
Ernst & Young, 5 Times Square, 23/F (7th Ave. btw 41st and 42nd Streets), New York

Monthly 2001 MBA Class Lunch
Tuesday, Dec. 9
11:30 a.m. to 1:30 p.m.
Rincon Center Food Court 101 Spear St, San Francisco
Contact: Martin McMahon, mmcmahon92@hotmail.com

Save-the-Date! Holiday Party
Saturday, Dec. 13
More information to come soon

3rd Annual Haas Winter Celebration in New York
Wednesday, Dec. 17
7:00 p.m. to 9:00 p.m.
Goldman Sachs, 180 Maiden Lane, New York
Registration: http://guest.cvent.com/EVENTS/Info/Invitation.aspx?e=386c3711-8ac7-44e6-9b5d-d21aa8ec89d4
Cost: $35 alumni & friends, complimentary for students, by Dec. 12
Contact the Alumni Relations Office at (510) 642-7790 or events@haas.berkeley.edu.

SHANGHAI ALUMNI - Alumni/Student Mixer
Saturday, Jan. 10
5:30 p.m. to 9:00 p.m.
Rong Cheng Restaurant, Shanghai
RSVP: Ann Hsu [Ann@rivalwatch.com]
Cost: about 100 RMB/person

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