Wharton in the News
January 2008

Business Standard (India), 1/1/08 - Wharton was mentioned as a training location for honing Indian corporate executives' managerial skills.

Philadelphia Daily News, 1/3/08 - Kevin Gillen, research fellow at Wharton, was quoted in a story that examines the impact of Philadelphia's "Neighborhood Transformation Initiative."

The Wall Street Journal online, 1/3/08 - Justin Wolfers, assistant professor of Business and Public Policy, authored a column about what the prediction markets foretell of the Iowa caucus results.

Forbes.com, 1/3/08 - The Knowledge@Wharton article, "Mindtree Consulting's Subroto Bagchi on the Principles of High-Performance Entrepreneurship," was reprinted from 4/18/07.

The Washington Post, 1/5/08 - Jack Guttentag, professor emeritus of Finance, authored a column about the relationship between the mortgage crisis and the loss of confidence by investors who purchase mortgage-backed securities.

The New York Times, 1/6/08 - Hilary Dykes, W '10, was quoted in a story about college internships.

The Star-Ledger (New Jersey), 1/6/08 - Firms of Endearment: How World-Class Companies Profit from Passion and Purpose, published by Wharton School Publishing, was noted as one of 2007's best business books.

The Wall Street Journal, 1/6/08 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was interviewed for a story about the impact that baby boomer retirement may have on the stock market.

Shanghai Daily (China), 1/7/08 - The Knowledge@Wharton article "Why Firing Your Worst Customers Isn't Such a Great Idea" was reprinted from December 12, 2007.

Financial Times, 1/7/08 - Thomas Robertson, Reliance Professor of Management and Private Enterprise; professor of Marketing and Management; dean of the Wharton School, was interviewed regarding his plans as the 13th dean of the school.

Forbes, 1/7/08 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was mentioned for his role in WisdomTree Investments in a story about Jonathon Steinberg.

The Philadelphia Inquirer, 1/7/08 - Kevin Gillen, research fellow at Wharton, was quoted in an article about the positive impact of Project Home on Philadelphia real estate values.

Kiplinger Washington Editors, 1/7/08 - Jeremy Siegel, Russell E. Palmer Professor of Finance, authored a column about his economic predictions for 2008.

The Globe and Mail, 1/7/08 - Knowledge@Wharton was cited in a column about business trends to note in 2008.

Business Line (The Hindu, India), 1/7/08 - Research by Justin Wolfers, assistant professor of Business and Public Policy, about the relationship between income and happiness, was mentioned in an article on economic development in rural India.

Shanghai Daily.com (China), 1/7/08 - "Why Firing Your Worst Customers Isn't Such a Great Idea" was reprinted from the December 12, 2007 Knowledge@Wharton.

Bangkok Post (Thailand), 1/9/08 - Remarks made by Paul Tiffany, lecturer in Management, at a conference about Thailand's business competitiveness, were summarized.

Associated Press, 1/9/08 - "Global Risks 2008," co-authored by the Wharton School, the World Economic Forum, and others, cited a sharp downturn in the global economy as the most likely and most serious threat to the world in 2008.

U.S. News & World Report, 1/9/08 - Olivia Mitchell, International Foundation of Employee Benefit Plans Professor; professor of Insurance and Risk Management and Business and Public Policy; executive director, Pension Research Council; director, Boettner Center for Pensions and Retirement Research, was quoted in an article about how marital status impacts when one should file for Social Security benefits.

Business Report (Africa), 1/9/08 - "Why Firing Your Worst Customers Isn't Such a Great Idea" was reprinted from the December 12, 2007 Knowledge@Wharton.

U.S. News & World Report, 1/9/08 - Olivia Mitchell, International Foundation of Employee Benefit Plans Professor; professor of Insurance and Risk Management and Business and Public Policy; executive director, Pension Research Council; director, Boettner Center for Pensions and Retirement Research, was quoted in an article regarding how age and work income affects the level of Social Security benefits.

The Wall Street Journal, 1/10/08 - Stephen Hoch, Patty and Jay H. Baker Professor; professor of Marketing; director, Jay H. Baker Retailing Initiative, was interviewed about upcoming retail sales figures and their relation to consumers' economic health.

The Star, (UK), 1/10/08 - The Knowledge@Wharton article "Why Getting Rid Of Your Worst Customers Isn't Such a Great Idea" was reprinted from December 11, 2007.

Dow Jones Business News, 1/10/08 - Stephen Hoch, Patty and Jay H. Baker Professor; professor of Marketing; director, Jay H. Baker Retailing Initiative, was cited in an article about how discount retailers have recently benefited from increased product availability from manufacturers seeking to unload their stock.

The Philadelphia Inquirer, 1/11/08 - Mark Pauly, Bendheim Professor; Professor of Health Care Systems, Business and Public Policy, Insurance and Risk Management, and Economics, was quoted in a story about the merger of a Pennsylvania nurses union with a national counterpart.

MarketWatch, 1/11/08 - Stephen Hoch, Patty and Jay H. Baker Professor; professor of Marketing; director, Jay H. Baker Retailing Initiative, was cited in a story about weak holiday sales.

BusinessWeek Online, 1/11/08 - Gary Gorton, Robert Morris Professor of Banking; Professor of Finance, was quoted in an article about the impact of the current economy on the commodities market.

Financial Mail, (Asia Africa) 1/11/08 - Peter Linneman, Albert Sussman Professor of Real Estate; Professor of Finance and Business and Public Policy, was cited in a story offering real estate investment advice.

The Wall Street Journal, 1/12/08 - Susan Wachter, Richard B. Worley Professor of Financial Management; professor of Real Estate, Finance and City and Regional Planning, was quoted in an article about Bank of America's purchase of Countrywide and why it may signal a revival of the housing industry.

The Washington Post, 1/12/08 - Jack Guttentag, professor emeritus of Finance, authored a column about the government's plan to reduce foreclosures of securitized adjustable rate mortgages.

Air America Radio, 1/12/08 - Alex Edmans, assistant professor of Finance, was interviewed on "Marc Sussman's Money Message" regarding his research on the relationship between employee satisfaction and corporate performance.

The Philadelphia Inquirer, 1/13/08 - Mark Pauly, Bendheim Professor; Professor of Health Care Systems, Business and Public Policy, Insurance and Risk Management, and Economics, was quoted in a story about the complexities of rationing health care resources.

The Virginian-Pilot & The Ledger-Star (VA), 1/13/08 - "Men Buy, Women Shop," a study co-authored by the J. H. Baker Retail Initiative, was noted in an article summarizing business news.

The New York Times, 1/13/08 - Michael Useem, the William and Jacalyn Egan Professor; Professor of Management; director, Center for Leadership and Change Management, was quoted in a story about Robert Nadelli's rein as chief executive of Chrysler LLC. (A similar story ran in the Corpus Christi Caller Times on 1/18/08)

The Star-Ledger (NJ), 1/13/08 - Research about divorce rates by Justin Wolfers and Betsey Stevenson, assistant professors of Business and Public Policy, was cited.

The Brownsville Herald (Texas), 1/14/08 - Mark Pauly, Bendheim Professor; Professor of Health Care Systems, Business and Public Policy, Insurance and Risk Management, and Economics, was quoted in an article about the presidential candidates' health care plans and how they might be applied on the U.S. - Mexico border.

The Globe and Mail, 1/14/08 - A study on customer retention by Jagmohan Raju, Joseph J. Aresty Professor; professor of Marketing, and Z. John Zhang, professor of Marketing, was cited from a Knowledge@Wharton report.

The Washington Post, 1/14/08 - The appointment of Dean Thomas Robertson was mentioned in an article about the recruitment of faculty and administrators by and from top schools.

Penton Insight, 1/16/08 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was cited in an article about the likelihood of recession.

The New York Times, 1/16/08 - The Wharton School was mentioned as the venue for Bill Clinton's 1992 speech about the economy in an article comparing economic conditions then and now.

China Economic Review, 1/16/08 - A Knowledge@Wharton article was cited in a column about the growing demand for Western executive education by Chinese business leaders.

Associated Press, 1/16/08 - A study co-authored by the Jay H. Baker Retailing Initiative and the Verde Group was noted in a story about customer loyalty.

Lloyd's List, 1/17/08 - The Wharton School was mentioned as a contributor to the World Economic Forum's 2008 report on global risk.

Forbes.com, 1/17/08 - The Wharton Leadership Conference was cited as one of the most popular conferences for corporate executives.

Associated Press, 1/18/08 - Comments by Guy Hands, the keynote speaker at the Wharton Private Equity and Venture Capital Conference, were highlighted. (The same story ran in the Dow Jones News Service on 1/18/08)

The Wall Street Journal Online, 1/18/08 - Research by Nicholas Souleles, associate professor of Finance, was cited in an article about the impact that President Bush's proposed stimulus package would have on the economy.

The Washington Post, 1/19/08 - Jack Guttentag, professor emeritus of Finance, authored a column examining some of the problems related to Internet mortgage-referral sites.

The Philadelphia Inquirer, 1/19/08 - The Wharton Private Equity Conference was mentioned as the venue for speaker David Rubenstein in an article summarizing his remarks about the prospects for the private equity industry.

Los Angeles Times, 1/19/08 - A study co-authored by Nicholas Souleles, Associate Professor of Finance, was cited in a story about the impact of Bush's proposed economic stimulus package.

Gulf News (UAE), 1/20/08 - Thomas Caleel, director of Graduate Admissions and Financial Aid, was interviewed regarding the Wharton School, its MBA application process, and its involvement with the Mohammad Bin Rashid Foundation as a means to attract Arab students to Wharton.

The Star-Ledger (NJ), 1/20/08 - Kevin Gillen, research fellow at Wharton, was quoted in a story about Newark's first new high-rise housing in decades.

The San Diego Union-Tribune, 1/20/08 - Jack Guttentag, professor emeritus of Finance, was interviewed regarding the Home Owners Loan Corp., a program enacted by FDR to help debt-laden borrowers pay off their mortgages.

The Record (NJ), 1/21/08 - Susan Wachter, Richard B. Worley Professor of Financial Management; professor of Real Estate, Finance and City and Regional Planning, was cited in an article about abuses in the housing appraisal industry and how they may have fueled problems in the housing market.

Publishers Weekly, 1/21/08 - Two Wharton School Publishing books, Africa: The New Frontier and Cheap Halwks, Cheap Doves, were noted in a column featuring business and personal finance hardcover books to be released in the spring.

The East African, 1/22/08 - The Global Risks 2008 Report, co-authored by the Wharton Risk Management and Decision Processes Center, was cited in an article about the emerging issues that will impact the world economy and society in the decade ahead.

CNN, 1/22/08 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was interviewed on "Lou Dobbs Tonight" regarding the recent cut in the interest rate by the Federal Reserve and its impact on the markets.

Business Standard (India), 1/22/08 - The India Knowledge@Wharton article, "Tiger by the Tail: the Tatas are Closing in on Jaguar and Land Rover," was cited in a story about Tata Motors.

The Wall Street Journal, 1/22/08 - Richard Shell, Thomas Gerrity Professor; professor of Legal Studies and Business Ethics and Management, recommended seven books on negotiating. He was noted as the director of the Wharton Executive Negotiation Workshop.

RIA Novosti, (Russia), 1/23/08 - "Global Risks 2008," co-authored by the Wharton Risk Management and Decision Processes Center, was cited in an article about the world economy and the risks that it currently faces.

The Times, (UK), 1/23/08 - The Wharton School Publishing book, Fast Strategy, was mentioned as one of several recent business school books of special note.

Reuters News, 1/24/08 - 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 a proposal to increase the size of home loans that could be bought or insured by Fannie Mae, Freddie Mac, and the Federal Housing Administration.

The Philadelphia Inquirer, 1/25/08 - Kevin Gillen, research fellow at Wharton, was cited in an article about the decline in sales of existing homes reported by the National Association of Realtors.

The Globe and Mail (Canada), 1/25/08 - Stocks for the Long Run, by Jeremy Siegel, Russell E. Palmer Professor of Finance, was noted in a column analyzing 10 investment adages.

The San Francisco Chronicle, 1/25/08 - Jack Guttentag, professor emeritus of Finance, was quoted in an article about the proposed economic stimulus package that would slash interest rates on some mortgages.

Dow Jones Business News, 1/25/08 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was cited in a column about the growing exchange-traded fund business.

The Salt Lake Tribune, 1/26/08 - A study by the Pension Research Council was cited in a story with tips about how and when to file for Social Security in order to maximize benefits.

St. Petersburg Times, 1/26/08 - Susan Wachter, Richard B. Worley Professor of Financial Management; professor of Real Estate, Finance and City and Regional Planning, was cited in an article about a suit against Washington Mutual for pressuring appraisers to inflate property values for loan applications, contributing to mortgage market losses.

The Washington Post, 1/26/08 - Jack Guttentag, professor emeritus of Finance, authored a column about simple interest mortgages.

The Globe and Mail, 1/26/08 - A study by J. David Cummins, Harry J. Loman Professor Emeritus of Insurance and Risk Management, and Wharton PhD alumnus Ran Wei, was mentioned in an article about rogue trading.

Business Line (India), 1/26/08 - A recent report by India Knowledge@Wharton was cited in an article regarding the popularity and performance of passive and active funds.

The Courier-Mail (Australia), 1/26/08 - Global Risks 2008, a study co-authored by the Wharton Risk Management and Decision Processes Center, was featured in a column about the risks of most concern to the world's economic leaders.

The New York Times, 1/27/08 - Robert Meyer, Gayfryd Steinberg Professor; professor of Marketing; chairperson, marketing department; co-director, Risk Management and Decision Processes Center was quoted in a story about high income consumers and the relationship between their cost-cutting decisions and emotional health.

The Globe and Mail (Canada), 1/27/08 - Wharton was mentioned as a top business school in a story about Canadian business schools.

The Baltimore Sun, 1/27/08 - Research by Nicholas Souleles, associate professor of Finance, was cited in an article regarding the proposed economic stimulus package.

The Press Trust of India, 1/28/08 - Wharton's affiliation with the Indian School of Business was cited in a column about top Indian business schools.

Financial Times, 1/28/08 - Wharton was mentioned in an article about top MBA programs.

Financial Times, 1/28/08 - Jeremy Siegel, Russell E. Palmer Professor of Finance, was cited in an article about the merits of fundamental indexing.

Financial Times, 1/28/08 - Wharton was mentioned as a top business school in an article about the relationship between school ranking and alumni earnings.

Financial Times, 1/28/08 - Thomas Robertson, Reliance Professor of Management and Private Enterprise; professor of Marketing and Management; dean, the Wharton School, authored a column about how Wharton and other business schools aspire to be forces for social good.

Congressional Documents and Publications, 1/28/08 - J. Scott Armstrong, professor of Marketing, was noted as a panelist to testify before the Congressional Committee on the Environment regarding legal protections for the polar bear.

The Wall Street Journal, 1/28/08 - Peter Cappelli, George W. Taylor Professor of Management; director, Center for Human Resources , was quoted in a story about how companies' lack of succession training has led to a mismatch in talent for open positions and the need to fill management gaps.

MarketWatch, 1/29/08 - Research by Nicholas Souleles, associate professor of Finance, was cited in an article about the impact that the Bush administration's economic stimulus plan might have on the economy.

The Arkansas Democrat Gazette, 1/29/08 - Pavel Savor, assistant professor of Finance, was cited in an article about the practice of restaurants passing along credit-card processing fees to their wait staff.

Patriot-News, 1/29/08 - Nicholas Souleles, associate professor of Finance, was quoted in a story regarding tax rebates under consideration by the U.S. Senate. His 2001 study on rebates was also cited.

MarketWatch, 1/29/08 - Susan Wachter, Richard B. Worley Professor of Financial Management; professor of Real Estate, Finance, and City and Regional Planning, was quoted in an article about recent housing price drops and their impact on home buyers. Her quarterly mortgage payment index was also noted.

Congressional Record, 1/29/08 - A Wharton study about the impact of Sarbanes-Oxley on corporate delisting was cited during proceedings in the House of Representatives regarding the economic stimulus package.

Associated Press, 1/29/08 - Wharton's MBA program was noted as a top international program. Similar mentions were made in the South China Morning Post, the Business Standard (India), the Straits Times (Singapore), the Virginian-Pilot & The Ledger-Star, and numerous other publications.

BusinessWeek online, 1/30/08 - Wharton's Alfred West Jr. Learning Lab was mentioned in a story about the increased use of computer simulations in business school programs.

The Plain Dealer (Clevelan), 1/31/08 - Peter Cappelli, George W. Taylor Professor of Management; director, Center for Human Resources, was quoted in a story about the impact that corporate mergers have on the employees who are retained and on those who are laid off.

USA Today, 1/31/08 - Franklin Allen, Nippon Life Professor of Finance; professor of Economics; co-director, Financial Institutions Center, was interviewed for an article regarding a recent survey of CEOs of some of the nation's largest corporations and their thoughts about the state of the economy.

The New York Times, 1/31/08 - Raphael Amit, Robert B. Goergen professor of Entrepreneurship; professor of Management; academic director, The Goergen Entrepreneurial Management Programs; academic director, The Wharton Global Family Alliance, was quoted in a story about how the weak dollar and falling interest rates create an ideal climate for some companies to flourish.