Website Accessiblity

Tepper In The News

For copies of articles in their entirety, please contact Barbara Donehue at 412-268-9885.

Archives | Current Clips

Archives for: April 2004

SEC taps CMU professor as chief economist
This article announces that Chester Spatt, Mellon Professor of Finance, will become the chief economist at the Securities and Exchange Commission. “SEC Chariman William H. Donaldson said Spatt would offer insight and analysis during a ‘critical time for our financial markets.’”

CMU professor named SEC’s chief economist
Chester Spatt, Mellon Bank Professor of Finance and director of the Center for Financial Markets, was appointed chief economist for the Securities and Exchange Commission. Dean Kenneth Dunn said of Spatt, “He’s been a great source of innovation within our faculty. His appointment is not only well deserved, but it’s an especially valuable appointment for our country and its financial markets.”

Start-ups in biotech make pitches to financiers
The Bioforum at the Tepper School of Business is featured in this article. This forum on local biotechnology businesses is a chance for biomedical start-ups to meet investors and for students to network. Several start-ups will participate, including ClearCount which has an electronic tracking system to count surgical sponges during operations so that all are removed.

Pitt medical school, CMU earn high rating
The business school’s placement in the U.S. News & World Report rankings is mentioned in this article. The business school did well keeping its 17th place in this ranking. The engineering school also earned a high score with 11th place.

REUTERS NEWS , 4/2/2004
Debt deal key for Argentine future, IMF and US say
Adam Lerrick, The Friends of Allan H. Meltzer Chair in Economics and the director of The Gailliot Center for Public Policy, is quoted in this article about Argentina’s debt restructuring. Lerrick noted the country was saving itself $700 million in interest payments every month or $20 billion since the default. "The entire negotiation is about debt sustainability. Recovery values are just the residual," he said.

Private Sector: Embracing Relics and High Tech
Alumnus and Pittsburgh native, William Seibel (MSIA 1975) is featured in this article. To preserve historical relics from the Boston Public Library and make them available to the public, Seibel used technology to digitize the archived materials and placed them on the Internet. Some of the treasures now online are John Adam’s personal atlas of the world, Paul Revere’s original sketch of the Boston Massacre and the original letter from Christopher Columbus to the kind and queen of Spain announcing the discovery of land in the Western Hemisphere.

Why the collapse of the dollar is just a myth
This article was written by Allan Meltzer, the Allan H. Meltzer University Professor of Political Economy. Meltzer responds to comments from some European analysts who believe that the American dollar is quickly falling in value: “The dollar has not collapsed against the euro, or any other currency. It has returned to the range it was in before 1999.” With a growth in productivity rates and high profits, Meltzer is not worried for the future of the dollar.

Attracting Angel Investors: Identifying, Minimizing Categories of Risk
In his eleventh article in a series written for TechyVent Frank Demmler, associate teaching professor of entrepreneurship, discusses potential investors’ risk perception and how to convince them to invest in your company. One group of people he profiles is people who don’t know you but know the business. Demmler advises entrepreneurs that this group will have moderate decision time, bring higher return expectations and can add significant value to the company.

Preparing a Tactical Plan for Fund Raising
Frank Demmler, associate teaching professor of entrepreneurship, advices new entrepreneurs on how to go about raising funds for their companies. Some of his suggestions are to “categorize potential investors with regard to their perception of risk of an investment in your business” and “identify less than 10 individuals whose investment commitment will have a favorable impact on the investment decisions of others.”

In Depth: Manufacturing
The Tepper School of Business at Carnegie Mellon and the Doyle Center of Manufacturing are joining forces to develop an Internet system to link large contractors with their suppliers. Commissioned by the Air Force with $2.5 million, this project will help small manufacturers expand their revenue with connections to defense-related manufacturing. Officials hope that this network will make government contracts more attainable for many small business that, in the past, did not want to deal with the bureaucracy.

The Viability of International Regimes and Institutions
Adam Lerrick, The Friends of Allan H. Meltzer Chair in Economics and director of the Gailliot Center for Public Policy, is listed as part of a panel at a conference on the future of international organizations. Lerrick reported that the International Monetary Fund and the World Bank should supervise their projects closely enough and require results. He cites the Millennium Challenge Account as a good example.

PRNEWSWIRE, 4/14/2004
Financial News
This article announces a speech by alumnus Doug Camplejohn (BS 1998, MSIA 1988), Vice President of Products and Marketing for Vontu. Camplejohn will address “the insider threat and information leakage problem facing global organizations” at the Information Security Decision Conference, an invitation-only event hosted by Information Security Magazine and “Security executives are looking at solutions like Data Firewalls as they seek to stem the financial exposure and potential brand damage that data leakage can cause,” said Camplejohn.

Beyond the Gate
This Princeton publication recognizes that Chester Spatt, Mellon Professor of Finance and director of the Center for Financial Markets, will be appointed to the Securities and Exchange Commission (SEC). A 1975 Princeton alumnus, Spatt discussed why he chose his undergraduate major: “I liked the blend of quantitative reasoning and application to real markets that is at the heart of economics. Economics seemed very intuitive to me and my underlying combination of skills seemed to be a good fit for it as a major.”

Up and Down the Risk Ladder
In this article Frank Demmler, associate teaching professor of entrepreneurship, advises entrepreneurs on how to negotiate deals with private investors. Demmler explains the two extremes of investors: the “risk averse individual who primarily wants to lock in a cash-on-cash return” and the gambler. “You need to understand the implications of different structures and select the ones that are acceptable to you,” said Demmler after he takes business starters through the processes they must consider.

SCIENCE DAILY , 4/19/2004
No-till Farming Offers A Quick Fix To Help Ward Off Host Of Global Problems
This is an adaptation of a release from Ohio State University that features a paper written by Rattan Lal and co-authored with Michael Griffin, executive director of the Green Design Initiative, Jay Apt, executive director of the Electricity Industry Center, Lester Lave, University Professor and co-director of the Carnegie Mellon Electricity Industry Center, and M. Granger Morgan, the Lord Chair Professor in Engineering. This article warns that if more no-till farming practices do not increase, then serious environmental issues will be problems. "No-till is definitely a short-term fix, but it may buy us up to 50 years to find alternatives to fossil fuels. If we don't heed this warning, our planet may change drastically. There's no other choice," said Lal.

ISB has a new dean
The Indian School of Business (IBS) has announced the appointment of alumnus Rammohan Rao (PHD 1969, MSIA 1968) as the new dean. Of his new position, Dr. Rao said, "It is an honour to be chosen to lead the ISB as its dean. It is also a great responsibility. The calibre of a top-class B-School is judged by its academic excellence and the quality of research it produces. During its next phase of growth, I will focus on creating a world-class research culture at the ISB.”

HADDON HERALD (PA) , 4/21/2004
Community/Church News: News Tidbits: Top Club Award
This article announces that Lauro Teung (MSIA 1973) has been named a 2003 Top Club Award recipient. Teung is working as a financial professional with The MONY Group's MONY Life Insurance Company and MONY Securities Corp.

BLOOMBERG, 4/22/2004
Spain's Rato Receives U.S. Support to Run IMF
In this article about who will be appointed the new head of the International Monetary Fund (IMF), Allan Meltzer, the Allan H. Meltzer University Professor of Political Economy, is quoted. ``I don't think there is any question Rato will get the job,'' said Meltzer of Rodrigo Rato, former economy minister of Spain. Rato’s endorsements include the European Union and the United States.

Science Journal: Did You Hear the One About the Salesman Who Traveled Better?
Michael Trick, The Bosch Professorship and professor of operations research, is quoted in this article. Researchers have spent 67 computer years to figure out the best sequence for a traveling salesman in over 13,000 cities. Since these efficiency projects are so time consuming, researchers in operations research are working on shortcuts through the math, work which Trick calls "profound insights into the mathematics of the problem."

School site gets poor environmental marks
Greystone Capital Partners, a King of Prussia-based developer, plans on renovating the old South Hills High School on Mount Washington to convert it to apartments for senior citizens and commercial space. Students from the Tepper School of Business have been providing technical assistance to this project.

In depth: Technology
Alumnus Marc Olin (BS 1986) is mentioned as an entrepreneur turned VP. Now serving as vice president and general manager of commercial print systems for Electronics for Imaging, Olin works every other week in California in Silicon Valley. Because of recent success, “Questions about funding and debt are now gone,” he notes.

College Prowler’s Lowdown on Higher Education
Luke Skurman (BS 2002), CEO of College Prowler, is quoted about the college guidebooks his company produces. Skurman founded College prowler after his own daunting college search. “I didn’t know the proper way to find information—even what I should be looking for. The whole college search process was a shot in the dark,’ he said.

Keep your cool when dealing with difficult co-workers
Laurie Weingart, professor of organization behavior and theory, offers strategies for how to cope in a work environment with difficult co-workers. Never confront people when you’re still upset, said Weingart. Instead, she suggests wring down everything you want to say to the person.

For entrepreneurs who learn from it, it’s not so bad to fail
Tom Emerson, director of the Donald H. Jones Center for Entrepreneurship, is quoted about the benefits of failing at a start-up business in the United States. “If you’re going to fail, it’s the place to fail. We’re more tolerant than any other society,” said Emerson.

Archives | Current Clips

Primary Navigation

Follow the Tepper School:

You Tube Tepper on iTunes Linked In Facebook Twitter

Media Contact

Mark D. Burd

Director of Public Relations

Tepper School of Business
Carnegie Mellon University
5000 Forbes Ave.
Pittsburgh, Pa. 15213-3890

Tel: 412-268-3486
Fax: 412-268-7824

Footer Navigation