Wharton in the News
May 2007

Kiplinger's Personal Finance Magazine, 5/1/07 - Jeremy Siegel, Russell E. Palmer Professor of Finance, authored a column about the recent market correction.

Money, 5/1/07 - Jack Guttentag, professor emeritus of Finance, was quoted in an article about trends in the housing market and why home mortgage borrowers are defaulting on their loans.

The Record (New Jersey), 5/1/07 - Wharton was mentioned in an article about programs that U.S. employers and business schools are setting up to identify, update, and recruit from stay-at-home mothers who are interested in returning to work.

Diagnostic Imaging, 5/1/07 - A study conducted by Lorin Hitt, Alberto Vitale Term Associate Professor of Operations and Information Management, was cited in an article about the relationship between IT investment and cost-reducing performance improvements in U.S. hospitals.

American Scientist, 5/1/07 - Howard Wainer, adjunct professor of Statistics, authored an article, "The Most Dangerous Equation," regarding the impact that ignorance about sample size and statistical variation has on humanity.

CFO Magazine, 5/1/07 - Franklin Allen, Nippon Life Professor of Finance; Professor of Economics, was cited in a story about economic "bubbles" and how they impact the economy. His book, Understanding Financial Crises, was also mentioned.

Industry Week, 5/1/07 - Marshall Fisher, UPS Transportation Professor for the Private Sector; Professor of Operations and Information Management, was quoted in an article regarding when not to go lean in manufacturing production techniques.

Financial Times, 5/1/07 - A report co-published by the Wharton Risk Management Center, was cited in a report about corporate risk management.

Euromoney.com, 5/1/07 - "Myth of Market Share: Can Focusing Too Much on the Competition Harm Profitability?," a paper by Scott Armstrong, professor of Marketing, was mentioned in an article about foreign exchange.

Lebanon Opportunities, 5/1/07 - Peter Cappelli, George W. Taylor Professor of Management; director, Center for Human Resources, was quoted in an article about global labor shortages.

The Epoch Times (India), 5/1/07 - Dan Levinthal, Reginald H. Jones Professor of Corporate Management; Professor of Management, and Michael Useem, The William and Jacalyn Egan Professor; Professor of Management, were quoted in a story about the recent lay-offs of employees from U.S. corporations.

Times-Picayune (New Orleans), 5/1/07 - Howard Kunreuther, Cecilia Yen Koo Professor; Professor of Decision Sciences and Business and Public Policy, was quoted in an article regarding insurance risk in relation to premium rates.

NPR, 5/1/07 - Witold Rybczynski, Martin & Margy Meyerson Professor of Urbanism; Professor of Real Estate, was interviewed regarding his new book, Last Harvest: How a Cornfield Became New Daleville: Real Estate Development in America from George Washington to the Builders of the Twenty-first Century, and Why We Live in Houses Anyway.

The Australian, 5/2/07 - "Happiness and the Human Development Index," a paper co-authored by Justin Wolfers, assistant professor of Business and Public Policy, was cited in an article that examines Australians' economic success and their happiness.

The Washington Post, 5/2/07 - Witold Rybczynski, Martin & Margy Meyerson Professor of Urbanism; Professor of Real Estate, was quoted in an article about the proposal to build taller buildings in Washington D.C.

The New York Times, 5/2/07 - Justin Wolfers, assistant professor of Business and Public Policy, was quoted in an article regarding a coming paper he co-authored about racial bias of foul calls by NBA officials. (Similar mentions appeared in the Assoicated Press, USA Today, The Washington Post, the Houston Chronicle, The Philadelphia Inquirer, the International Herald Tribune (France), and numerous other outlets.)

Economist Intelligence Unit, 5/2/07 - Saikat Charudhuri, assistant professor of Management, was quoted in a story about the trend of private-equity buy-outs.

FT.com, 5/2/07 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was cited in an article about the bullish case for the U.S. economy.

NPR, 5/3/07 - Justin Wolfers, assistant professor of Business and Public Policy, was interviewed on "Talk of the Nation" regarding his research on NBA official bias. (Other radio interviews on the topic occurred on ESPN, WPHT (Philadelphia), and several other stations as well as the Rush Limbaugh show and the Jesse Jackson show.)

ABC News, 5/3/07 - Justin Wolfers, assistant professor of Business and Public Policy, was interviewed regarding his research on NBA official bias. (Other TV interviews about his research occurred on CNN, CN8, ESPN, and several other stations during early May.)

Los Angeles Times, 5/4/07 - Michael Useem, The William and Jacalyn Egan Professor; Professor of Management, was quoted in a story about Berkshire wealth and the Sudan.

Reuters News, 5/4/07 - Jack Guttentag, professor emeritus of Finance, was quoted in an article about how the subprime mortgage industry negatively impacted the U.S. housing market.

The Philadelphia Daily News, 5/4/07 - Research by Kevin Gillen, research fellow at Wharton, was cited in an article about the Philadelphia housing market.

The Daily Telegraph, 5/4/07 - Wharton research was cited in an article about the resignation of BP Executive Lord Browne and how corporate valuation is closely tied to its reputation.

Bangkok Post, 5/4/07 - A lecture by Paul Tiffany, adjunct professor of Management, entitled "Managing the Future: New Challenges and New Tools for the Organizational Strategist," was announced.

The Washington Post, 5/5/07 - Jack Guttentag, professor emeritus of Finance, authored an op-ed on the current state of subprime lenders and the tightening of mortgage underwriting requirements.

Mint (India), 5/5/07 - Steve Smolinsky, lecturer in Marketing, was quoted in a story about the role of praise in the workplace, particularly regarding young adults.

The Wall Street Journal, 5/6/07 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was cited in a column about the merits of traditional index funds.

The News & Observer (North Carolina), 5/6/07 - Stephen Kobrin, William H. Wurster Professor of Multinational Management, was quoted in an article about the need to protect personal data from public display on the Internet due to a current lack of regulation.

The Philadelphia Inquirer, 5/6/07 - Research by Kevin C. Gillen, research fellow at Wharton, was cited in a story about how the Philadelphia housing market is faring better than much of the rest of the country.

Time, 5/7/07 - Lawrence Gelburd, Wharton entrepreneurship lecturer, was quoted in an article about "co-preneurs," couples who share a business as well as a personal relationship.

South China Morning Post, 5/7/07 - Peter Cappelli, George W. Taylor Professor of Management, was cited in an article featuring the founders of Oasis Hong Kong Airlines and their management practices.

NPR, 5/7/07 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was interviewed regarding the state of the U.S. economy on the show "On Point."

The Philadelphia Inquirer, 5/8/07 - Kevin C. Gillen, research fellow at Wharton, was quoted in an article about waterfront property in Philadelphia.

CNBC, 5/8/07 - Susan Wachter, Richard B. Worley Professor of Financial Management; Professor of Real Estate, Finance and City and Regional Planning, was interviewed regarding the housing cycle and the outlook for the coming year on "Power Lunch."

Inside Green Business Weekly Report, 5/9/07 - A book review of Leveraging the Private Sector: Management-Based Strategies for Improving Environmental Performance cited the section authored by Paul R. Kleindorfer, Anheuser-Busch Professor Emeritus of Management Science at Wharton; Professor Emeritus of Operations and Information Management.

Biotech Week, 5/9/07 - Wharton MBA student Serena Kohli, WG '07, was mentioned as a member of the NP Solutions team that won the 2007 Wharton Business Plan Competition grand prize for the development of a back pain treatment.

Brand Strategy, 5/9/07 - George Day, Geoffrey T. Boisi Professor; Professor of Marketing, was cited in an article about branding related to the travel retail market.

Dow Jones News Service, 5/10/07 - Stephen Hoch, Patty and Jay H. Baker Professor; Professor of Marketing, was quoted in an article about April retail sales.

Bloomberg Radio, 5/10/07 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was interviewed for a story about the recent market rally. (A similar story ran on 5/11/07.)

BusinessWeek Online, 5/10/07 - Wharton faculty were mentioned as publishing the most research in top academic journals in the past year in a study which tracked the publications of professors at leading business schools. The appointment of Barbara Kahn as the new dean of the University of Miami's School of Business Administration was also mentioned.

Financial Times, 5/14/07 - Wharton Dean Patrick Harker authored a column about the accomplishments of Jon Huntsman.

Financial Times, 5/14/07 - Peter Degnan, executive director of the Wharton Executive Education Program, was interviewed for an article about the value of preparation when putting together an executive program. He was also quoted in an article about the importance of follow-up in pinpointing how successfully a given executive program is working.

KYW (Philadelphia), 5/14/07 - Seven Wharton students were mentioned as the recipients of the first $10,000 Wharton Venture Award. Claire Leinweber, associate director of Wharton Entrepreneurial Programs and Wharton undergraduate Nat Turner, W '08, were interviewed.

Indiaedunews.net, 5/15/07 - A dedication ceremony was held at Wharton on 5/14/07 to announce the naming of a 300-seat auditorium in Huntsman Hall after the late founder of the Reliance Group, Dhirubhai Ambani. (Similar mentions appeared in domain-b.com and newKerala.com).

Mist News (Egypt), 5/16/07 - Wharton was cited in conjunction with the Legal and Business Fellowship program, an enterprise funded by the US State Department's Middle East Partnership Initiative (MEPI).

Bloomberg Radio, 5/17/07 - Susan Wachter, Richard B. Worley Professor of Financial Management; Professor of Real Estate, Finance and City and Regional Planning was interviewed for a story about the increase in mortgage foreclosures.

HedgeWorld News, 5/17/07 - Christopher C. Geczy, assistant professor of Finance, was mentioned in an article about the Mid-Atlantic Hedge Fund Association; Geczy was elected chairman of the nine-member board.

Financial Adviser, 5/18/07 - The 2007 Economic Summit, held at Wharton, was mentioned in an article about the UK's need to make investments in "human capital."

American Banker, 5/18/07 - Charles Taylor, director of operations risk for the Risk Management Association and a fellow of Wharton's Financial Institution Center, wrote an article about updating leverage ratio.

The Philadelphia Inquirer, 5/18/07 - Witold Rybczynski, Martin & Margy Meyerson Professor of Urbanism; Professor of Real Estate, was cited in an article about suburban development. His book, Last Harvest: How a Cornfield Became New Daleville, was also mentioned.

International Herald Tribune, 5/18/07 - Susan Wachter, Richard B. Worley Professor of Financial Management; Professor of Real Estate, Finance and City and Regional Planning, was quoted in a story about new laws aiming to stem subprime defaults. (A similar article appeared in The Globe and Mail on 5/18/07).

WCAU (Philadelphia), 5/18/07 - Todd Millay, executive director of the Wharton Global Family Alliance, was interviewed for a feature about investment strategies for the layperson.

The Washington Post, 5/19/07 - Jack Guttentag, professor emeritus of Finance, authored a column about the roots of the subprime problem.

MSNBC, 5/19/07 - Thomas Donaldson, Mark O. Winkelman Professor; Professor of Legal Studies and Business Ethics, was interviewed regarding a recently released survey of how Americans think and feel about money.

The Sydney Morning Herald, 5/19/07 - Wharton was mentioned as a popular option among finance students at the Australian Graduate School of Management who choose to spend a term overseas.

The Philadelphia Inquirer, 5/21/07 - Wharton students were mentioned in an article about Cot'nWash Inc.

American Banker, 5/21/07 - Jack Guttentag, professor emeritus of Finance, was quoted in an article about a new discipline for lead generators.

The Wall Street Journal, 5/21/07 - Peter Cappelli, George W. Taylor Professor of Management; Director, Center for Human Resources, was cited in an article about corporate tuition-assistance and its relationship with worker loyalty.

NPR, 5/21/07 - A Wharton study was cited in a feature about customer service on "All Things Considered."

U.S. News and World Report, 5/21/07 - Thomas Donaldson, Mark O. Winkelman Professor; Professor of Legal Studies and Business Ethics, was interviewed regarding his selections for a feature about "must-read" business books.

China Economic Review, 5/22/07 - Wharton was mentioned in an article about MBA exchange programs.

UDaily (University of Delaware), 5/23/07 - Patrick Harker, dean of the Wharton School, announced two senior staff appointments at the University of Delaware.

China Economic Review, 5/23/07 - The 2006-2007 Wharton Business Plan Competition was described at length; Wharton MBA Candidate Katerina Chi was mentioned.

The New York Times, 5/23/07 - Barbara E. Kahn, Dorothy Silberberg Professor; Professor of Marketing, Vice Dean and Director, Wharton Undergraduate Division, was quoted in an article about Marsh & McLennan's "Find The Upside" campaign.

China.com, 5/24/07 - David C. Schmittlein, Ira A. Lipman Professor; Professor of Marketing; deputy dean, The Wharton School, was interviewed about Knowledge@Wharton.

People's Daily Online (China), 5/24/07 - David C. Schmittlein, Ira A. Lipman Professor; Professor of Marketing; Deputy Dean, The Wharton School, was interviewed for an article about Chinese companies going global.

BusinessWeek Online, 5/25/07 - Mae Jennifer Shores, Senior Associate Director of Wharton MBA Admissions, was quoted in an article about MBA coaches.

National Business Review (New Zealand), 5/25/07 - Wharton was mentioned in conjunction with the Fletcher Employee Education Trust.

WashingtonPost.com, 5/26/07 - Jack Guttentag, professor emeritus of Finance, authored a column about the subprime disaster.

The Oregonian, 5/27/07 - Jack Guttentag, professor emeritus of Finance, was quoted in a story about "piggyback" loans versus private mortgage insurance.

Associated Press Newswires, 5/27/07 - Mark V. Pauly, Bendheim Professor; Professor of Health Care Systems, Business and Public Policy, Insurance and Risk Management, and Economics, was interviewed for an article about hospice organizations. A 2006 Wharton study about medical reimbursement for hospice care was also mentioned.

All Africa, 5/27/07 - Wharton was mentioned in an article about the Nairobi Stock Exchange (NSE); Chairman Jimnah Mbaru addressed Wharton students who came to visit the NSE.

The Atlanta Journal-Constitution, 5/27/07 - Xavier Dreze, assistant professor of Marketing, was quoted in an article concerning MyCokeRewards.com.

The Philadelphia Inquirer (MCT), 5/27/07 - A Knowledge@Wharton article was cited in the Inquirer's "Web Winners" column, which featured websites concerning immigration, border security, and the impact of illegal workers on the job market and economy.

Channel NewsAsia, 5/28/07 - Knowledge@Wharton was mentioned in conjunction with the Singapore Management University's (SMU) new online research and analysis journal.

Business Daily (Kenya), 5/28/07 - Wharton was mentioned in an article concerning its new, state-of-the-art auditorium, named after Dhirubhai Ambani (the late founder chairman of Reliance Industries Ltd.).

The Hindu, 5/28/07 - Wharton was mentioned in conjunction with the Indian School of Business.

Info-Asian News Service, 5/28/07 - Wharton MBA students, including Charles Njendu, WG '08, were mentioned in an article about the students' visit to Kenya and the Nairobi Stock Exchange (NSE).

Financial Times, 5/29/07 - Chris Higgins, senior associate director of MBA career management, was quoted in an article about recruitment at business schools.

BusinessWeek Online, 5/29/07 - Success Built to Last: Creating a Life that Matters, produced by Wharton School Publishing and written by Jerry Porras, Stewart Emery, and Mark Thompson, was mentioned in an article about business school professors' and students' recommended summer reading.

BusinessWeek Online, 5/29/07 - Jerry Wind, The Lauder Professor; Professor of Marketing Director, SEI Center for Advanced Studies in Management; Academic Director, The Wharton Fellows Program; Co-Editor, Wharton School Publishing, recommended several books, including Success Built to Last: Creating a Life that Matters by Jerry Porras, Stewart Emery, and Mark Thompson and The Fortune at the Bottom of the Pyramid by CK Prahalad.

American Banker, 5/29/07 - Jack Guttentag, professor emeritus of Finance, was quoted in an article about Low.com and mortgage leads.

Shanghai Daily, 5/29/07 - Wharton's business ethics curriculum was mentioned in an article about social responsibility.

South China Morning Post, 5/29/07 - Wharton's business school alumni conference in Hong Kong was referenced in an article about Chinese business.

The Christian Science Monitor, 5/29/07 - John Paul MacDuffie, associate professor of Management; Co-Director, Reginald H. Jones Center for Management Policy, Strategy, and Organization, was quoted in a story about Detroit automakers and retiree health-care costs. (A similar story appeared in The Seattle Times on 5/29/07).

Bloomberg Radio, 5/29/07 - Susan Wachter, Richard B. Worley Professor of Financial Management; Professor of Real Estate, Finance and City and Regional Planning, was interviewed for a story about the latest trends in housing and homebuilding markets.

Inman News, 5/29/07 - Jack Guttentag, professor emeritus of Finance, authored a column (Part 2 of a five-part series) about upheaval in the subprime market.

MBAUniverse.com, 5/31/07 - Wharton International Program (WIP) was discussed at length-- Wharton undergraduates recently visited the Indian School of Business (ISB) through the WIP.

CNNMoney.com, 5/31/07 - Peter Fader, Frances and Pei-Yuan Chia Professor; Professor of Marketing, offered his expertise in an article about Wal-mart's stock and sales.

The Star-Ledger (New Jersey), 5/31/07 - Lilian Dorvil (W '11) was praised for strengthening race relations in her community. She will study finance as a Wharton undergraduate this fall.

American.com, May/June 2007 - Justin Wolfers, assistant professor of Business and Public Policy, discussed his studies regarding prediction markets.