In the News

December 2012

Georgetown University: McDonough School of Business Month of Volunteerism, MBA.com (December 26, 2012)
An article by MBA student Evan Piekara discusses the successes of the Month of Volunteerism, and includes a video of Dean Thomas and MBA students. 

MBA Rankings: Top Schools for International Business, Bloomberg Businessweek (December 24, 2012)
Georgetown McDonough ranks 5th on the list, which was determined by MBA '12 students surveyed for the BW ranking.

An FBI Hostage Negotiator Buys a Car, NPR Planet Money (December 21, 2012)
Professor Cathy Tinsley and Adjunct Professor Chris Voss discuss how to use negotiation skills in daily life.

Real M&A: After ICE-NYSE Bid, CME Seen as Next Predator, Bloomberg Businessweek (December 21, 2012)
“What this means for the CME is a restructuring or reorganization of their chief competitors,” James Angel, a finance professor at Georgetown University in Washington, said in a phone interview. “ICE has been a thorn in the CME’s side for a number of years, and now they’re going to be bigger and have even more products to compete against the CME.”

Rosenthal: Shivers in Chicago as ICE Plans Takeover of NYSE Euronext, Chicago Tribune (December 21, 2012)
"This is not a deal where the CME or CBOE have to do anything," said James Angel, a finance professor at Georgetown University's McDonough School of Business. "The real question, as shareholder-driven organizations, is whether they do it with the discipline to only choose those acquisitions that will be accretive to their shareholders. ... But they don't have to be in any grand hurry."

The Robin Hood interviews: Selling Soap and Good Causes, Katya's Non-Profit Marketing Blog (December 21, 2012)
For my final posts this year, I’m going to publish some of my favorite interviews on marketing from my book, Robin Hood Marketing.  Today, I feature one of my greatest mentors, Bill Novelli.

NYSE to be Bought by Upstart Rival for $8.2 Billion, Los Angeles Times (December 20, 2012)
"The trading floor died a long time ago," said James Angel, a professor of finance at Georgetown University. "What you see on the floor are people who are tending to the computers."

For the New York Stock Exchange, A Sell Order, Associated Press (December 20, 2012)
While brokerage fees have declined, futures exchanges have retained profit margins, said James Angel, an associate professor in finance and an expert on stock exchanges at Georgetown University's McDonough School of Business.

Niederauer's Tenure Marked by Profound Change, The Wall Street Journal (December 20, 2012)
"The CEO of the New York Stock Exchange is the de facto spokesperson for American financial markets," said James Angel, professor of finance at Georgetown University's McDonough School of Business.

Event Notes: Georgetown University Offers New Executive Certificate, Sports Business Daily (December 19, 2012)
Georgetown University’s McDonough School of Business will offer a new executive certificate titled The Global Business of Sports. This three-day program will run Jan. 22-24 and will teach participants how to apply int'l business practices to the landscape of sports. 

How to Recover from a Mistake on the Job, CNN (December 17, 2012)
Seeking support from others can be helpful, especially in cases where you think you might be in danger of losing your job, said Christine Porath, associate professor of management at Georgetown University. They may help you see things differently.

Multinationals Stash Billions Overseas, What Choice do They Have? Motley Fool on NBCNews.com (December 16, 2012)
For instance, Lee Pinkowitz of the Department of Finance at Georgetown University and others established that Research and Development is one of the driving factors behind stashing cash overseas. Pinkowitz et al published a paper titled, "Multinationals and the High Cash Holdings Puzzle" in May 2012, which proves that the topic has been under scrutiny for quite some time. The report also suggested that companies culpable to high levels of uncertainty also tend to favor holding cash in order to cater for adverse cases.

Michael Czinkota Speaks About Japanese Economy, CCTV Biz Asia America (December 15, 2012)
Georgetown Business School Professor Michael Czinkota talks about Japanese economy and Japan-China bilateral trade on CCTV America.

Tilghman Moderates Panel on Diversity in Higher Education, The Daily Princetonian (December 13, 2012)
David Thomas, the dean and chair of Georgetown University’s McDonough School of Business, said colleges should make it a priority to create a level playing field for students from high schools of varying quality. Colleges are often guilty of allowing “unearned privilege to create a false differentiation of talent,” Thomas said. He explained that students who come from lower-class socioeconomic backgrounds are disadvantaged compared to their peers.

Google Maps App Invades the iPhone, Marketplace (December 13, 2012)
You’ve heard the old adage “location, location, location"? Well, in the age of mobile, you’ll be hearing a lot more of it, says Ronald Goodstein, a marketing professor at Georgetown’s Business School.

MBA Gender Pay Gap, Bloomberg Businessweek (December 11, 2012)
Businessweek reports that Georgetown McDonough's female MBA '12 class earns an average of $100,053, which is 96.6 percent of what their male classmates earn.

Poets & Quants' Top 100 MBA Programs of 2012, Poets & Quants (December 7, 2012)
Georgetown McDonough rises one place to No. 22 on Poets & Quants' annual MBA rankings.

The 10 Best Business Schools For Your Salary, Forbes.com (December 2012)
No. 3 Georgetown University's McDonough School of Business

Course 'Embedding' Students with Deal-Makers, Washington Business Journal (December 7, 2012)
The program, first offered this year by Georgetown professor Matt Cypher, was designed to give students earning a master’s in business administration at the McDonough School of Business a real-life look at how real estate deals get done while also providing some academic brainpower to companies that might be understaffed.

Chinese Brands in U.S. Building Name Recognition, CCTV (December 7, 2012)
It’s all part of a strategy to overcome ingrained resistance to Chinese brands here in the U.S., according to Ron Goodstein, a marketing Professor at the Georgetown University McDonough School of Business. He said, “So that there is this big fear that as soon as you hear ‘China’ the cultural bias is negative, right away. And I think what's really important is that if Chinese companies want to penetrate the U.S., they're going to have to work on the public relations aspects of the Chinese brand, from the start.”

David Thomas, Dean Creating a new legacy of success at Georgetown’s McDonough School of Business, Unity First.com (December 6, 2012)
David Thomas, over some three decades, he has developed one of the most respected research portfolios documenting  the dynamics of today’s workplace — including  how America innovates success  in a rapidly changing, diverse world.

The passing of the crown, Financial Times (December 3, 2012)
Spanish school Esade’s first participation in the EMBA world with its joint programme with Georgetown University, ensured that it climbed two places to fifth.

Atlanta Council Pay Proposal Sparks Debate over Time, Performance, Atlanta Journal-Constitution (December 2, 2012) 
This is an elected office, so you can’t just jump from Atlanta to Baltimore — the argument to have an equalization of salaries is not really there,” said Rohan Williamson, a professor of finance at Georgetown University’s McDonough School of Business who tracks executive pay. “That argument that, if we raise pay by $20,000, we’re going to get that much better a candidate, it doesn’t make sense.”

NOVEMBER 2012

MBA Student Profile: Global Experience at Georgetown ESADE, Nerdwallet Blog (November 30, 2012) 
Top business schools have responded to this shift by offering more international exposure in their Executive MBA programs. The key differentiator in these programs is the range of experiences students receive, and an ideal model of this diversity can be is found in the Georgetown ESADE Global Executive MBA Program (GEMBA).

The Best Business Schools of 2012 -- The Ranking of MBA Rankings, Forbes (November 29, 2012)
Georgetown's McDonough School of Business moves up two positions -- from 24 to 22 -- on the list.

What are your odds of winning Powerball jackpot? MyFoxDC (November 28, 2012)
Interview with Norean Sharpe from Georgetown's McDonough School of Business

Harris Poll EquiTrend Recognized as a Proven Indicator of Stock Performance during 2008 Financial Downturn, PR Newswire (November 27, 2012) 
"Our research investigated how some of the strongest brands in the U.S. market fared in terms of financial performance during the Fall 2008 stock market downturn," said Johny K. Johansson, McCrane/Shaker Professor of International Business and Marketing, McDonough School of Business, Georgetown University.

Walmart workers demand better wages, Al Jazeera English (November 24, 2012)
Across the United States, employees of the retailer Walmart have walked off the job in protest against poor working conditions. They're demanding higher wages and better healthcare from the worlds largest retailer. From Maryland, Kimberly Halkett reports.

B-School Highlights: London Business School Gives Startups a Boost, Bloomberg Business Week (November 23, 2012)
The Global Consortium of Entrepreneurship Center (GCEC) recently awarded the 2012 Center for Entrepreneurial Leadership Award to the Georgetown Entrepreneurship Initiative at McDonough School of Business, according to a Nov. 7 announcement. McDonough’s program was honored for its impact on the field of entrepreneurship education.

Georgetown seniors deciding the fate of their start-up after graduation, Washington Post (November 20, 2012)
Georgetown University senior James Li has a tougher decision than most about what to do after graduation. Many of his friends — especially other undergraduates at the McDonough School of Business — are going through a rigorous on-campus recruiting process with competitive multi-step interviews, often for high-paying finance or consulting jobs.

November 2012 Man of the Month: Bill Novelli, a man who “engages with grace,” Disruptive Women in Health Care (November 20, 2012) 
Bill Novelli, a recognized leader in social change, former CEO of AARP, co-founder and former President of Porter Novelli, one of the world’s largest PR firms, and a past EVP of CARE, the world’s largest private relief and development organization, is now a professor in the McDonough School of Business at Georgetown University.  He teaches in the MBA program and has created and leads the Global Social Enterprise Initiative at the School.

Global trade in services: Fear, facts and offshoring, VOX (November 19, 2012)
J. Bradford Jensen is a professor of economics and international business at the McDonough School of Business at Georgetown University, a senior fellow at the Peterson Institute for International Economics, senior policy scholar at the Georgetown Center for Business and Public Policy, and a research associate of the National Bureau of Economic Research.

Three Ways To Negotiate About Anything, Forbes (November 19, 2012) 
In fact, both sides have already committed a slew of no-no’s, says Christopher Voss, a former FBI hostage negotiator who is a consultant and an adjunct professor at Georgetown University’s McDonough School of Business. All of us could learn from their mistakes.

Techonomy Recap: How Tech Impacts the Economy, PC Magazine (November 19, 2012) 
Bradford Jensen, a professor at the McDonough School of Business at Georgetown University, said we are missing an opportunity to export more business services.

Disclosing Conflicts of Interest Can Backfire, According to Georgetown McDonough Study, Reuters (November 19, 2012)
"Advisees who received disclosure were aware that the advice may be biased and trusted it less. Yet, they were also more likely to comply with their advisor's recommendation and be less satisfied with their choice," said Sunita Sah, the study's lead author and assistant professor of business ethics at Georgetown University's McDonough School of Business.

Stores entice Black Friday shoppers with earlier openings, more sales, The Baltimore Sun (November 17, 2012) 
Retailers are recognizing that hard‐core bargain hunters who wake before dawn to line up for deals on flat‐screen TVs and laptops may be just one slice of the consuming public this time of year. Kurt Carlson Georgetown University’s McDonough School of Business.

Retail employees fight 'Black Friday creep', CNN (November 15, 2012)
Does this mean that Christmas and New Years shopping is next? Probably not, said Brooks Holtom, associate professor of management at Georgetown University's McDonough School of Business. "I would suggest they are much less at risk because most of the shopping we see at Thanksgiving is in anticipation of Christmas. The incentive for retailers to open on Christmas and New Year's is much lower."

How To Navigate The Post‐PC Era, CMO (November 14, 2012)
“These tools must be woven into the fabric of the entire organization in order to understand segments, influencers, and behavior.” Prashant Malaviya Georgetown University’s McDonough School of Business.

Black Friday creep creates shopping divide, Atlanta Journal-Constitution (November 14, 2012) 
“Retailers are reaping their own rewards,” said Ronald Goodstein, associate professor of marketing at Georgetown University’s McDonough School of Business. “Retailers have trained shoppers to get a deal, and consumers, like lemmings, have followed suit. Now, the idea is we can get our sales started early and beat the competition. … It is all about them selling more items and making more money.”

With Thanksgiving-Night Openings, Do Retailers Risk Busting More Than Doors? Forbes (November 14, 2012)
“To the extent that consumers relate more with employees pressed to work in stores on Thanksgiving than they do as customers who want to shop on Thanksgiving, it could have a negative impact on the brand,” said Brooks Holtom, Associate Professor of Management at Georgetown University’s McDonough School of Business, in an email. “Because I think that consumers will be quite mixed in their opinions about shopping on Thanksgiving, the potential backlash against the retailers will be muted. While they may express outrage or moral indignation, whether they go shopping or not is the truest test of how they feel.”

MBA Students Help Find Economic Solutions for the Nation's Capital, Forbes (November 14, 2012)
The MBA students who served as the foot soldiers in this process hailed from The George Washington University, Georgetown University, American University and Howard University. They broke up into teams and studied the city’s seven industry sectors—federal government and federal government contracting, higher education and health care, hospitality, professional services, real estate and construction, retail, and technology.

Mayor Vincent Gray unveils economic development plan for D.C., The Washington Post (November 14, 2012)
The ambitious plan was created through a partnership with the business schools at George Washington, Georgetown, Howard and American universities, which had a combined 16 MBA students working on the project with the schools’ deans.

Bono: The 21st century started in 2011, Capital Business Washington Post (November 16, 2012)
Occasionally, we publish blog posts, speech transcripts and other commentaries of interest to the Washington business community. Here are excerpts from an address last week by U2 musician and activist Bono at an event hosted by the Global Social Enterprise Initiative at Georgetown University’s McDonough School of Business.

Obama, Activism and Poverty: Bono Speaks at Georgetown, The Georgetowner (November 13, 2012)
The scene: Gaston Hall in the Healy Building at Georgetown University; a Nov. 12 lecture hosted by the Georgetown McDonough Global Social Enterprise Initiative in partnership with Bank of America. On stage: Georgetown University President John DeGioia; Bank of America CEO Brian Moynihan; McDonough Business School dean David Thomas; student Ammu Menon.

Bono: 'This Is the Era of the Afro-Nerd! The Atlantic (November 13, 2012) 
It was a more restrained Bono who walked onstage at Georgetown University's Gaston Hall last night, following behind three men in dark suits: Georgetown President John DeGioia and Business School Dean David Thomas, and Bank of America CEO Brian Moynihan.

Bono: Obama An 'Extraordinary Man,' Happy U.S. Reelected President, Associated Press (November 13, 2012) 
The U2 frontman touched on the relationship between politics and extreme poverty Monday night in his keynote speech during the Global Social Enterprise Initiative at Georgetown University, after acknowledging Obama's victory over challenger Mitt Romney last week.

Social Enterprise and Social Movements, C-Span (November 12, 2012) 
Musician and activist Bono spoke at Georgetown University on social enterprise and the power of social movements to create change. He called on students to focus their energies on hunger, education, and health in Africa. 

Entrepreneurship Initiative at Georgetown’s McDonough School Recognized for Impact on Field, Clear Admit Blog (November 9, 2012)
The Georgetown Entrepreneurship Initiative at Georgetown University’s McDonough School of Business recently won a leadership award for the impact it has had on the field of entrepreneurship education, the school announced earlier this week.

Georgetown undergrads’ business voted D.C.’s ‘Hottest Start-up’, Washington Post (November 9, 2012)
Georgetown senior James Li’s team was among the youngest of the 25 start-ups competing to be “D.C.’s Hottest Start-up” on Thursday night in Arlington’s Artisphere.

Questions Raised About Rochdale's Clearing Process, NASDAQ (November 9, 2012)
"This is one of the normal hazards in financial services," said James Angel, professor at the McDonough School of Business at Georgetown University. "In any business where you're dealing with high-value assets, there's a risk this can happen."

The Most Innovative Leadership Programs at MBA Schools, Nerdwallet (November 7, 2012)
The Georgetown ESADE Global Executive MBA (GEMBA) is an intense 14-month program that includes six modules spread across four continents. Students begin their studies in Washington DC but spend time in Spain, South America, India, and China. Students spend 50% of their time in emerging markets, where modules are designed to take advantage of the resident location. Participants investigate the local political economy in addition to industries and firms, all while being fully immersed in the culture.

DTCC Operations Ran During Sandy, Vault Status Still Unclear, Washington Post (November 7, 2012)
The DTCC handles trades in U.S. equities and government, municipal and corporate bonds and is more important to how markets function than the New York Stock Exchange or Citigroup Inc., according to James Angel, a professor at Georgetown University’s McDonough School of Business in Washington.

The Right Not to Vote, Huffington Post Live (November 5, 2012)
An interview with Jason Brennan: 90 million Americans are planning NOT to vote next week. Frustrations with both candidates are driving some informed voters to skip the polls.

Schools Widen Their Political Horizons, Financial Times (November 5, 2012)
“Business education has long been focused on core disciplines to the exclusion of the policy environment in which businesses operate,” says John Mayo, executive director of the Center for Business and Public Policy at Georgetown’s McDonough School of Business.

A place on Capitol Hill, Financial Times (November 5, 2012)
For John Mayo, executive director of the Georgetown Center for Business and Public Policy, there is no doubt. “Physical proximity to policy makers, as we have, is essential for a successful continuity of dialogue,” he says. 

The U.S. election and trade, Ovi Magazine (November 2, 2012)
An op-ed by Michael Czinkota:
For me, as teacher of international business and trade, I wonder what the victory of any one candidate mean for my field – how will international trade be affected? International trade in goods and services comprises now almost 30% of US GDP –making it a vital component of the domestic economy. The fact that exports have been mentioned several times in the various debates, highlights that politics gradually accepts the importance of trade.

Q&A with Marc B. Marlin of KippsDeSanto & Co. On Being a Deal Junkie, Thinking Ahead, Washington Exec (November 2, 2012)
Marc B. Marlin has an MBA from Georgetown University’s McDonough School of Business and a B.B.A from the University of Michigan Ross School of Business.

OCTOBER 2012

Alphabet Soup of Advice, Wall Street Journal (October 29, 2012)
"It's not considered quite as high a standard," says William G. Droms, a professor of finance at the McDonough School of Business at Georgetown University.

All U.S. Stock Trading Canceled as New York Braces for Storm, Businessweek Bloomberg (October 28, 2012) 
“It’s an inconvenience, but clearly the safety of the employees and participants in the market is a primary concern,” James Angel, a professor at Georgetown University’s McDonough School of Business in Washington, said in a phone interview.

From Shipping to Packaging, 3 Creative Ways to Improve Your Supply Chain, NBC News (October 27, 2012)
"Supply chain disruptions lead to drastic increases in costs and losses of shareholder value, with examples of companies going bankrupt as a consequence," says Volodymr Babich, a professor of operations and information management at Georgetown University's McDonough School of Business.

10 things direct-sales marketers won’t say, Wall Street Journal (October 26, 2012)
But the high sales totals and flashy ads don’t reflect the reality that most salespeople earn very little, says Prashant Malaviya, an associate professor of marketing at Georgetown University’s McDonough School of Business.

How to Deal With Favoritism in the Office, Forbes (October 26, 2012)
It turns out that this widespread practice of favoritism can have a significant impact, whether you’re the victim or the VIP. A survey conducted by Georgetown University’s McDonough School of Business last spring found that 92% of senior business executives have seen favoritism at play in employee promotions, including at their own companies (84%).

Abrupt CEO Exits Stress Value of Succession Planning, National Association of Corporate Directors Blog (October 25, 2012)
Michael Corbat took the reigns as CEO. Adding fuel to the fire, COO John Havens also resigned. Jason D. Schloetzer, assistant professor at the McDonough School of Business at Georgetown University, says that the dismissal of these executives demonstrates the power of the board. “When I saw that the president had also been dismissed, who is typically heir apparent, that suggests the board has quite a bit of power and that they had been preparing to dismiss one or both of these individuals for some time and had gone about this process without involving them.”

From Shipping to Packaging, 3 Creative Ways to Improve Your Supply Chain, Entrepreneur (October 24, 2012)
"Supply chain disruptions lead to drastic increases in costs and losses of shareholder value, with examples of companies going bankrupt as a consequence," says Volodymr Babich, a professor of operations and information management at Georgetown University's McDonough School of Business.

US Trade Expert: Should Liberalize Trade for Business Services, MNI (October 24, 2012)
The United States should be work aggressively to liberalize trading services," Brad Jensen, senior fellow at the Peterson Institute said in a speech at an event hosted by the Georgetown Center for Business and Public Policy as well as the Coalition of Service Industries.

Voting Against the Machine, Al Jazeera (October 23, 2012)
In this episode of The Stream, we speak to: Jason Brennan, Professor at Georgetown University, author of "The Ethics of Voting."

Apple Touch Screen Claims Rejected in US, Wall Street Journal (October 23, 2012)
David Tan, an assistant professor and intellectual-property expert at Georgetown University's McDonough School of Business, said that while the rejection may not be final, it is an independent judgment made by a third party--not Apple or Samsung.

Georgetown MBA (McDonough): Admissions Director Interview, MBA Crystal Ball (October 23, 2012)
The Georgetown MBA in Washington D.C. is a top ranking program with a diverse class profile. With an average GMAT score of 683, the student age range falls between 22 and 45. Over 30% of the students come from outside the U.S. For the current class the business school admissions team received over 1500 applications and enrolled only 250, making it one of the toughest and most selective programs in the world. Sameer Kamat, founder of MBA Crystal Ball, caught up with Interim Assistant Dean and Director, Katelyn Rosa Stephenson to find out more about the program.

Attack yourself if you want to win White House, professor says, Montreal Gazette (October 19, 2012)
For starters, says Georgetown marketing professor Kurt Carlson, there is really no such thing as undecided voters. They are simply voters who are seeking confirmation of their preferences, which they are reluctant to reveal until they have made their final decisions.

Explican prioridad de EU en TPP (Explaining U.S. priority in TPP), Reforma (October 17, 2012)
A priority that the United States has in negotiating the Trans-Pacific Partnership Agreement (TPP for short) is to ensure that trade in services remain open enough said Bradford Jensen, professor at the School of Business at the University Georgetown and a member of the Peterson Institute for International Economics.

New Communications Act Should Avoid ‘Public Utility Regulatory Model,’ Mayo Says, Bloomberg Law (October 17, 2012)
As part of the next rewrite of the Communications Act, Congress should refrain from imposing a “public utility regulatory model” on market players, said John Mayo, professor of economics, business, and public policy in Georgetown University’s McDonough School of Business, at a Capitol Hill briefing.

The 10 Best Business Schools For Your Salary Forbes.com (October 15, 2012)
No. 3: Georgetown University's McDonough School of Business
Average Starting Salary: $58,971

Sprint Softbank Deal Offers Potential for Wireless Spectrum, Nightly Business Report (October 15, 2012) 
JOHN MAYO, ECON. PROF., MCDONOUGH SCHOOL OF BUS., GEORGETOWN UNIV.: 
Rather than thinking of this as us running out of spectrum, the better way to think about this is that the demands for spectrum, the demands for more available spectrum, will make it more and more scarce and unfortunately, if it continues to get more and more scarce, it will put upward pressure on the pricing of wireless services. 

Your Road Map to Going Global in Uncertain Times, Inc.com (October 15, 2012)
"There's a high correlation between having a good supply chain and [solid] financial performance," says Ricardo Ernst, professor of operations at Georgetown University's McDonough School of Business. He adds that all components of your supply chain are important.

'Old-fashioned' has lost its chic for Wendy's, Marketplace Radio (October 11, 2012)
Do you know that Wendy’s commercial “Where’s the beef?” It was great, right? But that was the '80s, also the last time Wendy’s updated its look. So even though the retro look is in right now, an old-fashioned logo could turn off younger consumers. That’s according to Prashant Malaviya, a professor of marketing at Georgetown’s McDonough School of Business.

New Communications Act Should Avoid ‘Public Utility Regulatory Model,’ Mayo Says, Bloomberg BNA (October 10, 2012)
As part of the next rewrite of the Communications Act, Congress should refrain from imposing a “public utility regulatory model” on market players, said John Mayo, professor of economics, business, and public policy in Georgetown University's McDonough School of Business, at a Capitol Hill briefing Oct. 9.

The Economist’s Winners & Losers, Poets & Quants (October 5, 2012)
Georgetown University’s McDonough School rose nine spots to finish 35th, up from 44th last year.

Live Blog: Romney and Obama Debate in Denver, U.S. News (October 3, 2012)
"[Dodd-Frank's] goal is to end too big to fail, but it also says that certain institutions get special treatment," says Jim Angel, Associate professor at Georgetown's McDonough School of Business.

Kill switches top the bill at SEC tech talk, Financial News (October 3, 2012) 
James Angel, associate professor of finance at the McDonough School of Business at Georgetown University, tweeted yesterday: “Kill switches not panacea..." 

King, Romney differ on tax methodology, Associated Press (October 2, 2012) 
But Thomas Cooke, a professor of business law at the McDonough School of Business at Georgetown University, said the King campaign did it the ‘‘proper way’’ with its methodology.

SEPTEMBER 2012

Hotels Dressing Up for Winter, Washington Business Journal (September 28, 2012) 
“If you had an event that you could predict would happen every four years, where you would have an opportunity to present yourself when the worldwide media is paying disproportionate attention to the area, wouldn’t you want to look your best?” said hospitality expert Brooks Holtom, assistant professor of management at Georgetown University’s McDonough School of Business. 

An Aging Population Is an Opportunity More Than a Problem, The Huffington Post (September 27, 2012)  
A blog posting by Bill Novelli:
Today, there are over 900 million people in the world over the age of 60. By 2050, that number will have grown to 2.4 billion. According to World Health Organization Director-General Margaret Chan, "Being in the older age group is becoming the 'new normal' for the world's population." 

A New Twist to Early 'Lockup' Release, The Wall Street Journal (September 27, 2012)  
"This is a good thing for investors, because there is more disclosure," said Reena Aggarwal, a professor of finance at Georgetown University's McDonough School of Business.

Strategies for Improving Gender Diversity on U.S. Company Boards. The Conference Board Blog (September 27, 2012)
The Conference Board, in collaboration with Jason Schloetzer and Georgetown’s McDonough School of Business, developed metrics to determine what it would take to increase the number of women on boards. 

Patients Desire Meaningful Discussions With Providers, IOM Survey Finds, Advance for Nurses (September 27, 2012) 
Bill Novelli, a professor in the McDonough School of Business at Georgetown University, Washington, DC, former CEO of AARP and co-chair of the collaborative said the call to action is clear for the people who pay for care and provide care. 

The National Society of Hispanic MBAs Announces 2012 Brillante Awards of Excellence Recipients, Reuters (September 26, 2012) 
Each year the National Society of Hispanic MBAs (NSHMBA) recognizes outstanding individuals, businesses, non-profits, educational institutions and companies through their Brillante Awards of Excellence, the most prestigious honor awarded by the organization. Brillante Award for Educational Excellence: Georgetown University McDonough School of Business

Options and Evidence: It's What Patients Want, Reuters (September 25, 2012)
The collaborative's goal is to accelerate the routine use of the best available evidence in medical decision-making. Bill Novelli, a professor in the McDonough School of Business at Georgetown University, former CEO of AARP and co-chair of the collaborative, said the call to action is clear for the people who pay for care and provide care. 

Obama Medicare Plan: No voucher but maybe a bill, Associated Press (September 24, 2012)
"Neither one of (the candidates) is going to basically lay his cards on the table before the election," said former AARP CEO Bill Novelli, now at Georgetown University in Washington.

Romney Medicare Plan: Key details still in flux, Associated Press (September 24, 2012)
"If there is no protection for these people a lot of states are going to start knocking them off the rolls," said former AARP CEO Bill Novelli, now at Georgetown University in Washington. "These are the most vulnerable among us. There has to be a way to deal with Medicaid without leaving it entirely to the states."

Edward Martin | People on the Move, Washington Business Journal (September 24, 2012) 
The Global Social Enterprise Initiative at Georgetown University’s McDonough School of Business has launched a new Executive in Residence program this fall, welcoming Melissa L. Bradley, chief executive officer of Tides, and Edward Martin, director of marketing excellence and corporate social responsibility insights at the Hershey Company.

Melissa L. Bradley | People on the Move, Washington Business Journal (September 24, 2012) 
The Global Social Enterprise Initiative at Georgetown University’s McDonough School of Business has launched a new Executive in Residence program this fall, welcoming Melissa L. Bradley, chief executive officer of Tides, and Edward Martin, director of marketing excellence and corporate social responsibility insights at the Hershey Company.

Obamacare The TV Show, Huffpost Live Video (September 21, 2012)
Prashant Malavia participated in this online discussion:
A PR firm is pitching TV writers to include pro-Obamacare messaging in their shows. It sounds far-fetched, but sometimes educational messages in mass media save lives.

Apple’s Size Can Move Markets Up – and Down, Marketplace (September 21, 2012)
And we’d all suffer, says Georgetown finance professor James Angel.
James Angel: This is what I call Apple risk.  If Apple implodes, every investor is going to feel the pain. Angel says if you own shares in a mutual fund, you probably own Apple stock.  If you’ve got a 401K, it’s probably got some shares of Apple. And if you invest in those prudent index funds, Apple’s a big slice of that, too. Which begs the question… Angel: Is that a dangerous thing?  

Georgetown University's Business School Grads Among Most-Employed, Washington Business Journal (September 20, 2012)
Georgetown University's McDonough School of Business ranks No. 2 on a list of schools with the highest post-graduate employment rates in 2011.

SEC's Gallagher Says Retail Bond Investors Fighting 'Headwinds', Bloomberg (September 20, 2012)
Gallagher, a Republican on the five-member commission that regulates securities trading, called for the agency to look at the imbalance of information available to retail investors and institutional traders in a speech yesterday at a financial- markets conference hosted by Georgetown University’s McDonough School of Business in Washington.

Does Market-Wide 'Kill-Switch' Make Sense? Traders Magazine (September 20, 2012)
But the head of operations at BATS Global Markets, which had its own fiasco in March involving technology that failed when it tried to sell its own shares on its own exchange on its own systems for the first time, called that a "knee-jerk' reaction to the repeated technological burps of increasingly high-speed, automated markets. The one-day conference was put together by The Center for Financial Markets and Policy at Georgetown University's McDonough School of Business. The first panel, which was to discuss issues of securities quality, systemic risk to the markets and the role of regulators, brought together representatives from several of the largest exchanges.

Regulation: Roadblock or Technology Enabler? Communications Technology (September 19, 2012)
Speaking at yesterday’s “The Regulator’s Perspective: Telecom Regulations in an Internet World” gathering sponsored by Georgetown University’s McDonough School of Business, Schulzrinne added, “Regulatory actions have been crucial in establishing certain technologies. Regulation can have the role of spreading technology from the few to the many and scaling up applications.” 

Who Competes with Google Search? Just Amazon, Apple, and Facebook, Forbes (September 18, 2012)
An article by Hal Singer:
The Federal Trade Commission (FTC) is in the final stages of conducting itsGoogle investigation. As the agency contemplates whether Google is a monopolist in the ill-defined market for search, they may find the competitive ground has shifted beneath their feet in just the 15 months since they began investigating. While a year or two ago, Google’s main competition in search might have been Bing and Yahoo, today it’s Apple and Amazon, and tomorrow it may be Facebook. The market is almost certainly broader than general search engines as we normally think of them.

Admissions Director Q&A: Katelyn Rosa Stephenson of the McDonough School of Business at Georgetown University, Clear Admit (September 18, 2012)
We were lucky enough to catch Katelyn Rosa Stephenson just weeks into her role as interim assistant dean and director of MBA admissions at the McDonough School of Business. But though she is new to heading up admissions, she is not new to McDonough. She joined the admissions staff in March 2008, bringing with her plenty of experience from time spent working in undergraduate admission at the George Washington University.

Executive Programs in Marketing: Talking the Talk, Next Executive (September 14, 2012)
“If you don't know the basics, it's going to be hard to walk the walk and talk the talk,” says Kurt Carlson, who co-teaches a three-day course called “Brand Advantage: Standout Marketing in a Saturated Market,” at Georgetown University's McDonough School of Business.

Georgetown University, Other Local Schools on New U.S. News Ranking, Washington Business Journal (September 12, 2012)
Three area schools made the top 25 for Best Undergraduate Business Programs. The University of Virginia ranked No. 5, Georgetown University ranked No. 17 and the University of Maryland ranked No. 21.

The Job's the Thing, The Washington Post (September 12, 2012)
For students, the increased emphasis on job placement means engaging with the career services office early in their MBA tenure, sometimes before they even get to campus. At Georgetown University’s McDonough School of Business, the MBA Career Center holds webinars for incoming students during the summer before they start their studies. 

B-School Photo of the Week: Georgetown, Bloomberg Businessweek (September 11, 2012)
The new building for Georgetown University’s McDonough School of Business in Washington, D.C., opened in 2009.

Apple: Buy Company Shares on Rumor, Sell on News? USA Today (September 11, 2012)
Product launches aside, Apple's growth has been staggering. With it, the Nasdaq 100 grew 17% last year. But if you took Apple out of the tech-heavy index, the Nasdaq 100's growth would have been 6%, says Sandeep Dahiya, associate professor of finance atGeorgetown University.

Massachusetts Businesses Pleased with Health Reform, Governing (September 10, 2012)
A popular line of attack against the Affordable Care Act (ACA) is that it will be bad for business. But is that true? Well, a case study in comprehensive health care reform already exists in Massachusetts, and a Georgetown University panel concluded Monday that, in fact, the state’s reforms had actually enhanced its economic climate.

AIG, Pariah of the Financial Crisis, Still Lacks Central Regulator, U.S. News & World Report (September 10, 2012)
"Our regulatory system is really screwed up, and Dodd-Frank didn't touch the messed-up nature of our regulatory structure," says James Angel, associate professor at Georgetown University's McDonough School of Business. "Insurance companies like AIG could fall through the cracks."

Are you Growing Too Fast? Harvard Business Review (September 7, 2012)
An article by Sandeep Dahiya:
Allen Printing had fallen into a familiar trap: unsustainable growth. Positive business conditions coupled with relatively easy credit can entice firms to chase high growth. However, high growth can easily overwhelm the internal controls of a small enterprise. 

Step into the Office-Less Company, The Wall Street Journal (September 4, 2012)
But working from home isn't for everyone. "Some people hunger for the personal contact," says Michael Boyer O'Leary, an assistant management professor at Georgetown University's McDonough School of Business. Dr. O'Leary says that face-to-face contact is most critical for new employees or when people without a track record together launch a new project. 

AUGUST 2012

Apple Patent Fight: Google in Cross Hairs, Wall Street Journal (August 30, 2012)
But lawyers observing the case say the public will see them as entwined. "It would be difficult to find a jury with no clue whatsoever about this case," says David Tan, an assistant professor and intellectual-property expert at Georgetown University's McDonough School of Business. But there is no "direct spillover effect" for Apple.

Arms Away, Foreign Affairs (September/October 2012)
An article co-authored by Ethan Kapstein:
Over the last two decades, the United States has enjoyed an unrivaled competitive advantage in the production and export of advanced conventional weaponry. The collapse of the Soviet Union and the breakup of the Warsaw Pact led to sharp reductions in Russian defense spending and a drop in Moscow's arms transfers to regional allies. Simultaneously, globalization rewarded firms with economies of scale, allowing U.S. defense contractors to capitalize on their size and on large orders from armed forces around the globe. The formula for success was simple: by producing a range of affordable yet sophisticated weapons, the Pentagon and its contractors would crush any rivals. Domination of the global arms trade, and the economic and geopolitical benefits that came with it, was the United States' to lose.

Walk, Don't Run, Toward Money-Market Fund Reform, The Washington Times (August 23, 2012)
An op-ed by James Angel:
Several regulators have called recently for drastic changes in the money-market mutual-fund industry. Proposed “reforms” include abolishing the industry by getting rid of the stable $1 net asset value that is the essence of the product and requiring costly “capital buffers” that would tax investors far beyond any realistic estimates of risk. Their expressed motivation is to prevent destabilizing “runs” in money-market funds that could exacerbate the next financial crisis.

Apple, Samsung Close Trial, Wall Street Journal (August 21, 2012)
The amount of damages assigned could also matter considerably, says David Tan, an assistant professor and intellectual-property expert at Georgetown University's McDonough School of Business.

Favorite Professors: Georgetown's Lynn Doran, Bloomberg Businessweek (August 20, 2012)
Since joining the McDonough School of Business in 1998, finance professor Lynn Doran has held an active role on campus, getting to know her students in and out of the classroom. After requesting e-mails and pictures from her undergrads before the start of each semester, Doran tries to learn their names by the time they enter her classroom. She serves as the faculty adviser for several student groups, including the Undergrad Financial Management Association, and works to arrange events and speakers for them.

Royce Named Cal Poly Business 'Legend', Oakland Tribune (August 18, 2012)
Marie Thérèse Royce, daughter of Ronald H. and Barbara Porter of Pomona, was recognized as the third annual Legend of International Business and Marketing at Cal Poly Pomona....Royce is an alumna of the College of Business Administration at Cal Poly Pomona and received her master's degree in business administration from Georgetown University.

SEC May Take Stock Market Tip from Australia, Los Angeles Times (August 17, 2012)
James Angel, a professor of business at Georgetown University and an expert on stock market structure, said regulators ought to focus on safeguards because computers inevitably malfunction. 

Handicappers Chime in Early on SEC Roundtable, Traders Magazine (August 16, 2012)
One academic believes the SEC will put the industry on the spot and hold its collective feet to the fire. It has to get the public answers, and produce a remedy, according to Jim Angel, associate professor of finance at the McDonough School of business at Georgetown University and expert in market microstructure.

Facebook Stock Restrictions Set to Expire, Marketplace (August 15, 2012)
James Angel is a professor at Georgetown University’s Business School....Facebook trades at about 70 percent of what it earns. Simply put, that means investors are betting that Facebook will make 70 times more than it does now. Angel says, tomorrow, insiders will signal whether Facebook’s going to hit that target anytime soon. Angel: If they dump their shares as fast as possible, that says one thing.

Close Calls Are Near Disasters, Not Lucky Breaks, Wired (August 14, 2012)
Post-Columbia, Robin Dillon-Merrill and Catherine Tinsley, two researchers at Georgetown’s McDonough School of Business, have been attempting to figure out how our near-miss blind spot really works. In one study, they asked NASA employees and MBA students to rank different versions of a mission scenario. One described a highly successful project; the other project nearly self-destructed but was ultimately saved by a lucky break. Regardless, subjects ranked both missions as equally well done. Why? Most of us grade outcomes in binary terms. Success is good. Failure is bad. 

Knight $440 Million Loss Sealed by New Rules on Canceling Trades, Bloomberg (August 14, 2012)
“Technology people at trading firms are probably thinking, ’There but for the grace of god go I,’” said James Angel, a professor at Georgetown University’s business school in Washington. “Every chief technology officer is thinking they don’t know what’s buried in some line of code or what unanticipated change will lead to failure. When unanticipated problems occur, operations people may face situations they’ve never seen before and don’t know what to do. It’s scary.”

The Corrosive Effects of Employee Dissatisfaction, Lodging Hospitality (August 8, 2012)
The study was conducted by a team of three researchers: Timothy Hinkin of the School of Hotel Administration at Cornell University; Brooks Holtom of the McDonough School of Business, Georgetown University; and Dong Liu at the Ernest Scheller Jr. College of Business, Georgia Tech. They surveyed 5,270 employees in 175 business units of a hospitality industry firm that operates golf courses, country clubs, business and sports clubs and resorts. 

After Facebook 'Hangover,' IPOs Raring to Go, Marketplace (August 7, 2012)
Reena Aggarwal is a professor at Georgetown’s business school. She says the timing could be right for these IPOs. Current market conditions have created a small wave of investor confidence. The Dow is trading above 13,000, and the news out of Europe hasn’t been as horrible...
Aggarwal: So whenever windows of opportunity open up you see get firms IPOs done.

New Programs, Graduate Management News (August 2012)
Georgetown University’s McDonough School of Business has teamed with the Corporate Executive Board to offer an executive education program for senior sales leaders, “Innovating Sales: Strategic Management and Leadership Development,” which will be offered September 10-13. Separately, Georgetown McDonough has teamed with KPMG to create the Georgetown Institute for Consumer Research. 

Bettering Business, Smart CEO Magazine (August 2012)
Dr. David A. Thomas is celebrating his first anniversary as dean of the Georgetown University McDonough School of Business in style this month: by rolling out a redesigned MBA curriculum.

Knight Capital Rescued by $400M Investment Deal, Nightly Business Report (August 6, 2012)
James Angel is interviewed on Nightly Business Report about the trading glitch with Knight Capital last week.

Should You Be Nervous About Knight? SmartMoney (August 6, 2012)
These efforts notwithstanding, investors feeling whipsawed by Wednesday's events might as well get used to it in these times of increasingly computerized markets, some experts say. "These kinds of mistakes can happen to anyone," said James Angel, associate professor at Georgetown University's McDonough School of Business. "Knight is a pretty well-run firm."

One Year Later, Some Upside to America's Debt Downgrade, U.S. News (August 2, 2012)
"There's always the fear of the unknown especially when we've grown up with a Triple-A credit rating all our lives the fear of what would happen if we were downgraded was clearly real," says James Angel, associate professor at Georgetown University's McDonough School of Business. 

Women's Health Expert GC-Rise Ties up with Georgetown MBA Team to Tap M&A Potential and Growth Strategy, PR Newswire (August 2, 2012)
GC-Rise Pharmaceutical Co. Ltd, in which European healthcare venture capital fund INVENTAGES holds a majority stake, has partnered with Georgetown University's McDonough School of Business to tap the company's merger and acquisition potential and reshape the growth strategy. Six MBA students, under the business school's Global Residency Program, on July 30 presented the business development planning to the senior executives of GC-Rise in Beijing.

How to Get High Returns From High Volatility Stocks, Wall Street Pit (August 1, 2012)
Rebalance daily! Turan Bali, Nobel Prize winner Robert Engle and Yi Yang, posted Dynamic Conditional Beta is Alive and Well in the Cross-Section of Daily Stock Returns over at the SSRN. It's an eerily similar title to Jagannathan and Wang's 1994 pub The CAPM is Alive and Well, which supposedly showed the same thing.  When people have to continually state something is 'Alive and Well,' you can be pretty sure it is 'Dead or Dying.' 

JULY 2012

Interview with Mike Kim, The INNERview (July 2012)
Alumnus Mike Kim, author of Escaping North Korea, is a guest on The INNERview, a talk show on Korea's Arirang TV.

The Potential Impact of America's Natural Gas Resource on the Economy and Markets, Milken Institute (July 31, 2012)
The Milken Institute Center for Financial Markets and the Georgetown University Center for Financial Markets and Policy in the McDonough School of Business will co-host the panel discussion "The Potential Impact of America's Natural Gas Resource on the Economy and Markets" as part of our joint Policy Briefing Series. Limited to Hill staff.

Marketing Gold: The Building of an Olympic Star, Washington Post (July 22, 2012)
The monetization of Olympic athletes is a relatively recent phenomenon, said Prashant Malaviya, associate professor of marketing at Georgetown University. “The amount of sponsorship money that companies are putting into the Olympics is getting bigger and bigger,” Malaviya said. “They’re looking for as many athletes as they can who they can continue to bring in money for a few years.”

NASDAQ Compensation Plan May Not Be Enough, Reuters (July 22, 2012)
The modification of the plan was seen as just another step in the negotiations over an issue both sides would like to see cleared up quickly, according to James Angel, a professor at Georgetown University.

Barclays and LIBOR, C-Span/Washington Journal (July 21, 2012)
James Angel discussed the LIBOR scandal and how Barclays and U.S. banks may be caught up in it. LIBOR refers to the rate that London banks would have to pay on loans from other banks, which span economic institutions from short-term loans to mortgage loans. Multiple international banks are part of what the LIBOR and U.S. banks may have had a hand in the scandal. Viewer questions were taken via telephone and electronic devices.

SEC in Pact for Real-Time System on Order, Trade Data, Bloomberg Businessweek (July 20, 2012)
“The consolidated audit trail is going to take a huge amount of money and much longer to implement,” Reena Aggarwal, director of the Georgetown Center for Financial Markets and Policy at Georgetown University’s McDonough School of Business in Washington, said by phone. “This will give the commission a huge capability in terms of monitoring the markets in real time. That has been severely lacking in this age of speed.”

Should You Love What You Do or Worry About Paying the Bills?, MSN Careers (July 18, 2012)
Jeff Reid, director of the Entrepreneurial Studies Initiative at Georgetown University in Washington, D.C., urges would-be entrepreneurs to exercise honest self-reflection before following their passion. The first step: defining what that passion is. "A lot of the preparation should be introspective. Make sure that you know your own strengths, weaknesses, what gets you excited, how you deal with difficulty and how much of your motivation is internal," he says. 

Marissa Mayer to the Rescue of Yahoo, Marketplace (July 17, 2012)
Ed Soule teaches leadership at Georgetown, and he’s talking about famous CEO-superhero stories, where new leaders swooped in to save the day, or Ford, Starbucks and IBM. 
Soule: It usually is not within the abilities or capabilities of any one human being to turn around a company.

Bernanke Likely to be Queried About LIBOR Scandal, Marketplace (July 17, 2012)
John Dimsdale: ...Other than alerting the British central bank, there’s no evidence so far the Fed did anything else.
James Angel:  The real question is what did Ben Bernanke know and when did he know it.
James Angel is a finance professor at Georgetown University.

Why U.S. Olympians Wear Made-in-China Uniforms, Markeplace (July 13, 2012)
As far as offshoring, clothing brands set sail from America long ago, but the profits tend to stay home, says Pietra Rivoli of Georgetown. She wrote "The Travels of a T-Shirt in the Global Economy."
Pietra Rivoli: The big value, it’s in the design, it’s in the distribution, the marketing. All of these are still located in the United States.

Georgetown and KPMG Create Ground-Breaking Consumer Research Institute, InTheCapital (July 12, 2012)
Announced early this morning in a press release, Georgetown’s McDonough School of Business is working alongside KPMG LLP, the cutting edge audit, tax, and advisory services firm, to build the newest addition to the university, the Georgetown Institute for Consumer Research. With KPMG’s help, the MSBGU is creating an institute based on “developing innovative, ground-breaking consumer research to illuminate the challenges and opportunities of understanding and marketing to technologically empowered consumers,” the press release reads.

Study Links Risky Driving Behaviors to Heightened Mortality, On and Off the Road, The New York Times (July 12, 2012)
Betsy Page Sigman, a professor of operations and information management at the McDonough School of Business at Georgetown University, said in a telephone interview that though she did not review the data sets used in the study, the report’s results appeared legitimate. “From reading the white paper, there are no red flags,” she said. 

Regulators to Define "Swap" Under Dodd-Frank Act, Marketplace (July 10, 2012)
And for a long time that kind of exchange -- swaps -- went unchecked. Jim Angel teaches finance at Georgetown.
Jim Angel: One of the things we discovered in the financial meltdown was that nobody was watching the derivatives business.

Georgetown's McDonough School of Business Teams with CEB to Launch New Course for Senior Sales Executives, Reuters (July 10, 2012)
Through a new joint program, Georgetown University’s McDonough School of Business and Corporate Executive Board (CEB) (NYSE: EXBD) will offer a dedicated executive education program for senior sales leaders seeking to transform the commercial function within their organizations.

Economic Blog, El Pais (July 9, 2012)
(Translated from Spanish) Michael Boyer O'Leary, a professor at theMcDonough School of Business at the University Geortetown revolutionizes all theories on teamwork simply adding that at the end of the already hackneyed expression. And, now, seldom is one, if you want two, the number of groups in which the practitioner is immersed within companies without knowing how or at what time to act.

Libor Explained: How Manipulated Rates Could be Hurting (or Helping) You, Forbes (July 9, 2012)
James J. Angel, associate professor of finance, Georgetown University. McDonough School of Business: Libor stands for the London Interbank Offered Rate. It’s the rate at which banks are able to borrow money from each other. An agency called the British Bankers Association surveys a group of banks everyday asks the following: If  you were to borrow money this morning at 11am London time what you would have to pay for it?

Manchester United IPO: Forget Soccer, It's a Media Company, WIRED (July 6, 2012)
“That’s not exactly what the market really loves,” Georgetown University finance professor Reena Aggarwal said of the team’s red ink. ... That dependence on a few key players to underwrite a company’s entire brand raises Manchester United’s risk profile, which could lead to a bumpy ride for its shares, Aggarwal says. “It’s not a diversified business,” she says. “It’s a very concentrated kind of business.”

NYSE Brokerage Plan That Doesn't Display Orders Approved by SEC, Bloomberg Businessweek (July 6, 2012)
“The NYSE is responding to competition from wholesalers and dark pools,” James Angel, a finance professor at Georgetown University’s business school in Washington, said in an e-mail yesterday. “They are doing the, ‘If you can’t beat ’em join ’em,’ thing.”

Economica: Whacky Research on Last Names, The Economic Times (July 6, 2012)
For years, simply because of your name, you've received inequitable treatment," says Kurt Carlson, an assistant professor at Georgetown's McDonough School of Business and a co-author of the paper, which is to be published in the Journal of Consumer Research. "So when you get to exercise control, you seize on opportunity. It's a coping strategy, and over time it becomes a natural way to respond." 

Perk Wars: Facebook, Zynga, Google Jockey for Top Talent, USA Today (July 5, 2012)
The need for software engineers is so great that companies are willing to pay $20,000 in finder's fees to employees who drag in the right people. "People with these very specific skills are in high demand," says Jason Schloetzer, assistant professor of accounting at Georgetown's McDonough School of Business.

Barclays' Bob Diamond: The American Defying London, Forbes (July 2, 2012)
“In the U.S. the approach [by CEOs] is more of ‘I am the only guy who can fix it. I am the best at this,’” says Rohan Williamson professor of finance at Georgetown University. “In the UK and Europe, there is more of pressure placed at the very top. For the British, the buck stops with the CEO. The view is you are responsible for everyone beneath you,” he adds. 

JUNE 2012

Banks Still Bearing Backlash of Financial Crisis, Euro Zone Woes, U.S. News & World Report (June 27, 2012)
"[The JPMorgan debacle] has been in the press everywhere, so people are very well aware of it, and JPMorgan was one of the banks that was seen as doing right during the financial crisis," says Reena Aggarwal, professor of finance at Georgetown University's McDonough School of Business. "Then this happens and it's like, if this is happening with JPMorgan imagine what else is going on."

Analysts Hit the Tepid Button on Facebook, The Wall Street Journal (June 28, 2012)
The "holds" issued Wednesday show "how much uncertainty there is with Facebook's revenue-generation business model," said Reena Aggarwal, professor of finance at Georgetown University's McDonough School of Business, who also said tough market conditions may have been a contributing factor.

Barclays Fined for Manipulation of Libor, The Washington Post (June 27, 2012)
“There were suspicions that the banks were not being totally truthful in what they were reporting in 2008,” said James Angel, a professor of finance at Georgetown University’s McDonough School of Business. “As soon as that hit the media, Libor immediately jumped.”

Purpose Beverage Adds Twist to Charity Donations, Washington Post (June 24, 2012)
Ian Simpson holds an MBA from Georgetown McDonough: 
Selecting the right charities to partner with was of the utmost importance, Simpson said. He and Artavia worked with business students at Georgetown University to devise criteria for selecting and vetting nonprofits.

Free Trade: Is it Time for a New Game Plan?, Industry Week (June 20, 2012)
Trade experts such as Charles Skuba, a professor at Georgetown University's McDonough School of Business, believe that U.S. manufacturers are still adjusting to a global economy after decades in which they could build healthy businesses without exporting. "The global marketplace has been radically changed in my lifetime," says Skuba, who served as a trade official in the first Bush administration. "The imperative for U.S. companies is that they need to look overseas to sell their products. This is a requirement for competition in the future for small and large companies alike."

Why Billionaires Donate So Much Money to Politicians, U.S. News & World Report (June 20, 2012)
It could just be more of a power trip than anything else. "Candidates start agreeing with you," says Robert Shapiro, a senior fellow at Georgetown's McDonough School of Business, Democratic strategist and former Commerce Secretary. "It's psychic satisfaction for megalomaniacs."

New Money Market Regs Could Pinch Users, The Bond Buyer (June 19, 2012)
In a 15-page report called “Money Market Mutual Fund 'Reform:’ The Dangers of Acting Now,” James J. Angel, associate finance professor at Georgetown University’s McDonough School of Business, said money market regulations being considered by the Securities and Exchange Commission and other agencies could transform the industry in ways that would “severely damage municipal finance” and potentially hinder the country’s economic recovery.

The Entrepreneur's Dilemma, Forbes (June 18, 2012)
An article by Jim Garland, who teaches entrepreneurship at Georgetown McDonough:
When preparing to start and grow a company, entrepreneurs expect to take on the day-to-day challenges of running a business. We understand cash flow, return on investment, and are masters at Excel. But what many would-be business owners don’t anticipate is the time and cost necessary to manage local, state, and federal government compliance issues that compete with our ability to build client relationships, check in with employees, and find new market opportunities.

MBAs Take Lead in Crafting Economic Plan for D.C., Bloomberg Businessweek (June 15, 2012)
David Thomas, the McDonough School’s dean, who is serving on the project’s executive committee along with Guthrie, says he was eager to get his business school involved.“Most schools get attached to a plan already developed, and then the business students work to help implement it or provide assistance,” writes Thomas in an e-mail. “This is really starting at a higher level by creating a partnership at the planning and development stage between business schools and local government.”

Luke's Lobster Gets Rolling Today on Bethesda Lane, Bethesda Magazine (June 14, 2012)
One more thing: Luke Holden graduated from Georgetown the same year as the three guys who own the local sweetgreen salad shops. In fact, they all took the same class in entrepreneurship taught by adjunct professor Will Finnerty. Will Finnerty, you did a good job.

Chinese Institute to Look at Ways to Open Capital Markets, Financial News (June 15, 2012)
Qi Bin has made presentations at The Georgetown Center for Financial Markets and Policy at Georgetown University’s McDonough School of Business in DC, Harvard University in Boston, and the Columbia School of Business at Columbia University in New York.

Three Takeaways from the Jamie Dimon Congressional Hearing, U.S. News & World Report (June 13, 2012)
"Congress put on a show to show they're paying attention to the issue. The purpose of a congressional hearing is for Congress to make itself look good," says James J. Angel, associate professor of finance at Georgetown University's McDonough School of Business.

Why CXM is the Next Step in Customer Interaction, CIO (June 13, 2012)
"Any organization that cares about delivering value to its customers should care about CXM," says Kurt Carlson, associate professor of marketing at Georgetown University's McDonough School of Business. "Organizations that will benefit most are those that operate in spaces where consumers have a lot of choice and where switching costs are low."

Verizon Data Plans Expected to be Followed by AT&T, Others, Washington Post (June 13, 2012)
“Given the economy, this is message that will appeal to consumers,” said Prashant Malaviya, an associate professor at Georgetown University’s McDonough School of Business.

The End of Free Money, SmartMoney (June 12, 2012)
"By the time investors figure out that rates have gone up, the damage is already done," says James Angel, associate professor of finance at Georgetown University's McDonough School of Business.

Seniors Are Embracing Wireless Telecommunication Faster Than Predicted, Long-Term Living (June 8, 2012)
Many seniors are quickly adopting wireless phone technology, and plenty are ditching their landlines altogether, according to the May 2012 report "The Wireless Revolution: Are the Elderly Keeping Up?," conducted by the Georgetown University McDonough School of Business and the Georgetown Center for Business & Public Policy.

NYSE Opposing Nasdaq May Delay Facebook Compensation Plan, Bloomberg Businessweek (June 8, 2012)
There is little precedent for how the SEC should handle a technical problem that hurt trading during such a high-profile and closely scrutinized IPO, said James Angel, a professor at Georgetown University’s McDonough School of Business in Washington.

Video: More Chinese Students Prefer to Study Overseas, CCTV (June 8, 2012)
Undergraduate Dean Norean Sharpe was interviewed about Chinese student choosing to study in America.

Mayor Vincent Gray Launches Economic Development Study, Washington Business Journal (June 6, 2012)
Deans of the business schools at American, George Washington, Georgetown and Howard universities have pledged their support and that of their students to help the District craft a new strategy. In detailing the strategy, Deputy Mayor Victor Hoskins said it is essential that private businesses help to drive the economic development strategy.

New Study Says $2 Trillion Corporate Cash Hoard Not Obama's Fault, Fortune (June 6, 2012)
But a new study, Multinationals and the High Cash Hoarding Puzzle, released this week by the National Bureau of Economic Research refutes the idea that either taxes or regulation have played a part in the growing corporate cash hoards. The study, which is authored by two Georgetown economics professors, Lee Pinkowitz and Rohan Williamson, and Rene Stulz from Ohio State, looked at U.S. corporate cash holdings since the 1950s, in addition to the cash holding habits of companies in 45 other nations. 

High-Speed Trading Slow Down, Institutional Investor (June 6, 2012)
Notes James Angel, a professor at Georgetown University who specializes in the study of the structure of financial markets, high frequency traders have moved far beyond cash equities of late and have brought their strategies to the derivatives arbitrage arena, the currency markets, commodities and everything else.

NASDAQ Considers Compensation for Facebook Glitch, Marketplace (June 6, 2012)
I talked to Jim Angel, he's a finance professor at Georgetown, and he says NASDAQ has to play this carefully.
Jim Angel: They've just burned their best customers. They better make it up to them in some way, or those customers will take their order flow someplace else.

Creating Change Makers: How to Make a Difference, The Huffington Post (June 5, 2012)
The following article is by EMBA student Tara de Nicolas:
One thing that I have really learned to appreciate from my graduate school experience so far at Georgetown University McDonough School of Business is how candidly the professors talk to us in class about the world and issues at play around us. We learn through analyzing case studies, critically thinking how we would solve the problem, learning from other students and their approaches, as well as the professor.  

Wider Spreads and Fees Could Help Restore Investor Confidence, Traders Magazine (June 1, 2012)
Jim Angel, associate professor at the McDonough School of Business at Georgetown University, is a proponent of both wider spreads and the fee. But he also had strong opinions elsewhere.

MAY 2012

A Different Path, Black MBA Magazine (Winter/Spring 2012)
Janny Frimpong, 29, of Washington, reserached businesses schools knowing that she would use her MBA in a non-traditional sector... "I started looking for MBA programs with strong Social Marketing programs, and that's how I ended up at Georgetown's McDonough School of Business."

Subpenny Spreads? How about a Dime..., Securities Technology Monitor (May 31, 2012)
Which is part of what is causing what Georgetown University professor James Angel calls a “crisis in capital formation.” Fewer companies are willing to go public or stay public. And even formation of companies as private enterprises is dropping, because the exit strategy – starting to offer shares to public investors – is getting less and less attractive.

Executives in Latin America to Gain Global Leadership Expertise Through New 12-Month Master's Program Delivered on Four Continents, Market Watch (May 31, 2012)
Georgetown University's McDonough School of Business, ESADE Business School in Spain, and Brazilian business school EBAPE/ Fundacao Getulio Vargas are developing a Corporate International Master's (CIM) degree program with plans to begin in spring 2013.

JCPenney Adds Sales, After Dropping Them, Marketplace (May 31, 2012)
Kenneth Homa: Well now their basic proposition is they’re not going to have sales, except for when they have sales.
Ken Homa teaches marketing at Georgetown’s McDonough School of Business.

The 10 Commandments for Delivering Bad News, Forbes (May 30, 2012)
An article by Robert Bies:
I have spent more than 20 years researching how managers deliver bad news, and a few rules and commandments have consistently emerged as best practices. Here are 10 of them. Like the more well‐known set of 10 Commandments, these rules provide an ideal ethical guideline—but they also prove difficult to always follow.

Video: Why the Number of U.S. Publicly Traded Companies is Dwindling, Toronto Globe and Mail (May 29, 2012)
The number of publicly-traded companies has fallen dramatically since 1997 in the U.S. BNN speaks to Jim Angel, associate professor at Georgetown University about why being public has become so unpopular. 

Circuit Breaker Deadline Looms, Traders Magazine (May 29, 2012)
All of this is extremely complicated, says one longtime observer of market structure, but still necessary. “We need to prevent erroneous trades rather than bust them,” Jim Angel, an associate professor in the McDonough School of Business at Georgetown University, told Traders Magazine.

Facebook's Woes Add to Fears on Wall Street, Financial Times (May 27, 2012)
Retail investors need assurance that it’s a fair game and that the market will treat their trades properly and they are not at a huge disadvantage to the big guy,” said James Angel, associate professor at Georgetown University’s McDonough School of Business.

Lawsuit Claims Facebook Hid Revenue Forecast, Marketplace (May 23, 2012)
Georgetown Finance professor Jim Angel says a big question is whether Morgan Stanley misled anyone.

If JPMorgan Lost on Trades, Who Won?, Marketplace (May 21, 2012)
James Angel: Clearly there were people on the other sides of the trades.
James Angel teaches finance at Georgetown’s McDonough School of Business. The people he’s referring run trading desks at rival banks, hedge funds and even other units inside JPMorgan. According to the New York Times, a mutual fund run out of a different part of the bank bet against the head office.

A Lift or a Drag?, Chicago Tribune (May 18, 2012)
An MBA also gives students who want to make significant career shifts "insight and access into a variety of careers that they haven't even thought about," said Doreen Amorosa, managing director of the Office of MBA Career Management at Georgetown University's McDonough School of Business. "Their ideas crystallize as a result of being in an MBA program."

Facebook IPO Triggers Investor Craze, Reuters (May 16, 2012)
Facebook's share price could surge 30 percent on debut day, said Reena Aggarwal, a professor of business administration and finance at Georgetown University's McDonough School of Business in Washington. She suggested retail investors may be better off holding off for a few weeks until the share price settles.

JPMorgan Investors Sue Over Trading Loss, Forbes (May 16, 2012)
James Angel, an associate professor of finance at Georgetown University’s McDonough School ofBusiness, says the shareholder suits are the latest in the effort to get a piece of JPMorgan. “This is more piling on for the bank.  It just shows that everyone is trying to get a piece of the pie,” Angel says.

Skechers Toning Shoe Customers to Get Refund, New York Times (May 16, 2012)
Ultimately for Skechers, the $40 million settlement figure is a trivial amount considering the hundreds of millions of dollars in revenue the company has made from toning shoes over the years, said Kurt Carlson, a professor of marketing at Georgetown University’s McDonough School of Business. Mr. Carlson said consumers would probably forget about the bad press in six months and that Skechers would remain popular among people who wear toning shoes and believe in them.

Ten Things You Should Never Say in a Farewell Letter, FINS Student (May 14, 2012)
"When you go public and take revenge on somebody, it's going to burn bridges," said Bob Bies, a professor of management at Georgetown University's McDonough School of Business and author of the book "Getting Even: The Truth About Workplace Revenge And How to Stop It."

Simple Craigslist Precautions Ensure a Fun - and Safe - Website Exchange, Denver Post (May 14, 2012)
That Craigslist is so very public and easy to use — featuring the simplest of formats with a white background, blue lettering and easy-to-navigate categories and lists — is the same reason the site has thrived and has suffered, says marketing and consumer affairs professor Prashant Malviya at Georgetown University's McDonough School of Business.

Profile: David A. Thomas, Dean, Georgetown McDonough School of Business, El Pais (May 11, 2012)
Translated from Spanish:
For David Thomas, a business will never be prosperous by looking only at the benefit it brings to the pockets of executives, without taking into account the community. He is the Dean of the McDonough School of Business, a center that has a collaboration agreement with Esade and belongs to Georgetown University, the prestigious United States institution founded in 1789 that has educated Presidents, magnates and Princes.

MBA Students Make the Grade with Consulting for Local Businesses, Government, Washington Business Journal (May 11, 2012)
“None of my companies that I recruit would have the wherewithal generally to spend a lot of money on consultants,” said Jim Hunt, an adjunct professorial lecturer who runs the Georgetown University Small Business Clinic at the McDonough School of Business. “I think by and large our product has been a really good work product, and it gives them something to build on. Maybe it’s just a starting point, but it really works well.”

That's good news for consumers. "You can save a lot of money if you are price sensitive -- moving from one site to another and taking the free deals," said Simon Blanchard, an assistant professor of marketing at Georgetown University's McDonough School of Business. "You're able to do this and take advantage of the companies. They're hoping you will eventually be a loyal customer."
 
Nasdaq OMX Conducts IPO Test Ahead of Facebook Debut, Dow Jones Newswires (May 11, 2012)
"It looks like after the BATS debacle, Nasdaq isn't taking any chances," said James Angel, a finance professor at Georgetown University. He said that anticipated demand to trade in Facebook shares could overwhelm some exchange systems if proper preparations are not made. 
 
MBA Students Compete to Improve Metro, Washington Examiner (May 9, 2012)
The Georgetown University business students had approached the transit agency in the fall. The Business Technology, Innovation and Design Graduate Association wanted to create a student competition for "designing a better community for Washington, D.C." In talking with Metro, they learned the agency wanted to increase bus ridership.
 
If you think this is a minor subject, think again. Georgetown University’s James J. Angel is calling on the SEC to expand this idea very broadly: “Permitting issuers of all securities, not just ETFs, to compensate market makers would be a good idea,” he writes.
 
“This is their legacy,” Reena Aggarwal, a finance professor at Georgetown University’s McDonough School of Business in Washington, said in a telephone interview. “They started the firm from nothing, so their human capital and their financial wealth are tied up in the company. They need to have this liquidity event.”
 
"Private equity firms have not been performing that well as they're getting pressure from all sides," said Reena Aggarwal, a professor of business administration and finance at Georgetown University's McDonough School of Business in Washington. "Fundraising has become somewhat of an issue. They are getting pressure on the fee structure from limited partners."
 
Dean of the McDonough School of Business at Georgetown University since August, Dr. David Thomas is a rarity — he is an African-American and he leads a top business school.
 
An article by Pietra Rivoli:
Inside Republic Textile Equipment’s 60,000-square-foot warehouse, industrial-scale knitting equipment stands beside fabric-testing paraphernalia, which is next to printing machines and countless bins of spare parts. All of it, the remnants of factories and businesses gone bust, belongs to Mike Diamond, who has spent the last 50 years making a living in an industry that, for lack of a gentler term, might be called the going-broke business.
 
MasterCard Profit Soars on Rising Transactions, Marketplace (May 2, 2012)
Charles Skuba teaches international business at Georgetown’s McDonough School of Business. He says Mastercard is expanding its offerings.
 
Some response consultants deal directly with clients lacking kidnapping coverage. “It’ll cost you at least $3,000 a day, and it’s going to be money up front,” said Christopher T. Voss, an adjunct professor at Georgetown University’s McDonough School of Business and former lead international kidnapping negotiator at the Federal Bureau of Investigation.
 
Over in Washington, MBA students at Georgetown's McDonough School of Business are exposed to the interworkings of world business and policy with access to commercial and government leaders, as well as opportunities for internships and careers at some of the nation's most influential organisations. Jason Levin, a former marketer with Unilever who is active in the non-profit community, says his time at Georgetown opened his eyes to the intersection of world politics and business. 
 
Marketing and Advertising Agencies Blur the Lines, Destination CRM (May 2012)
"What makes the Super Bowl so popular [for advertisers] is it's the only day of the year [when] people actually tune in to view ads," notes Ron Goodstein, associate professor of marketing at Georgetown University's McDonough School of Business. "It's the whole concept of 'I get to finally play ad critic and I'm specifically watching these ads to determine if I like them.'"
April 2012
That's because investors increasingly make decisions based on how socially responsible a company is, not just how profitable it is, said Rohan Williamson, a finance professor at Georgetown University's McDonough School of Business.
 
If there is a standout and it’s a surprise, Georgetown offered the best opportunity for a social media/business education. It’s 7 elective courses offers a decent foundation for today’s more social workplace.
 
"For several years, it has been predicted that smartphone adoption would cut into digital camera sales," said Prashant Malaviya, Associate Professor of Marketing at Georgetown University's McDonough School of Business. "In fact, the exact opposite has happened."
 
Vornado's Size Prevented Real Estate Purchases, Roth Says, Bloomberg Businessweek (April 20, 2012)
“We were a little too large,” Roth, whose New York-based firm owns more than 100 million square feet (9.3 million square meters) of office buildings and other real estate, told business students at a Georgetown University forum yesterday. “It never threatened the company, not for one second, but it made us reluctant to really jump into the game” when “they were giving stuff away in 2009 and 2008,” he said.

B-School Highlights: April 20, Bloomberg Businessweek (April 20, 2012)
Georgetown University’s McDonough School of Business is launching the Georgetown Institute for the Study of Markets & Ethics to support research, develop courses and educational tools, and bring ethical considerations to bear on policy decisions regarding regulation of markets, according to an April 10 announcement.

Rethinking 'Made in America,' The Wall Street Journal (April 17, 2012)
In what economist Bradford Jensen defines as the fastest-growing services sectors, Bureau of Economic Analysis data show that the U.S. in 2010 had a trade surplus of $57 billion with the Asia-Pacific region, of $44 billion with the European Union, of $35 billion with the countries covered by the North American Free Trade Agreement (Canada and Mexico), and of $25 billion with the rest of Latin America. America's robust services exports reduced its overall trade deficit by 24% in 2010.
 
“The problems of naked short selling and settlement failures were ongoing for many years and it was pretty clear to the casual observer that something was going on,” James Angel, a finance professor at Georgetown University’s business school in Washington, said yesterday in a phone interview. “It’s good that the SEC is prosecuting this. I’m only asking what took them so long.”
 
A blog post co-authored by Michael O'Leary:
Teams that are geographically-dispersed, or virtual, have now been used and studied for more than three decades — yet we all still wrestle with how to get them right. Managers frequently ask for best practices for managing their global teams, and recently we've noticed some common themes. Here are the three questions that keep coming up again and again, and what the research tells us about how to address them.
 
Tara de Nicolas is a student in the Executive Master's in Leadership Program:
Tara de Nicolas was the kid who loved animals. Her pals on the post-college Georgetown scene were totally into fashion. In 2007, she combined those two passions into one wacky party that raised money for the Washington Humane Society. Five years later, Fashion for Paws has made the 31-year-old one of Washington’s junior social titans.
 
A guest blog post by Jason Schloetzer:
An increasingly important component of the CEO succession planning process is the board’s decision on how to communicate internal, strategically sensitive information to shareholders. The voluntary, transparent communication of succession information can help directors signal to shareholders that the company was appropriately prepared for a leadership transition while balancing the potential strategic costs of providing “too much” information.
 
“Google wants to hold the cash,” said Lee Pinkowitz, an associate professor at Georgetown University. “They haven’t paid a dividend, and they don’t really seem all that excited to.”
 
The ECB “dumped tons of cash onto the banks,” says economist Jay Shambaugh of Georgetown University. As he notes, this had two beneficial effects. First, it relieved fears that some banks wouldn’t be able to repay maturing loans. Second, it helped reduce interest rates on government bonds because banks used the new cash to buy bonds.
 
Facebook Deal-Making Is Not Likely Over, Market Watch (April 12, 2012)
“They don’t have a hot mobile app,” said Sandeep Dahiya, associate professor of finance at Georgetown University’s McDonough School of Business “That is the biggest justification for this acquisition.” A huge number of consumers have found Instagram more fun for sharing and editing photos, which they often then also post on Facebook.

Four Keys to Helping Employees Thrive, D Magazine (April 12, 2012)
Leaders have the power to shape the culture and context of an organization, and they can jump-start a culture that encourages employees to thrive. I was extremely interested in a recent article in the Harvard Business Review by Christine Porath about how to create sustainable performance in the work environment. So interested, in fact, that I have decided to bring Christine to Dallas later this month to share her point of view with our team and with our clients.

Average Tenure of CEOS Declined to 8.4 YEars, The Conference Board Reports, Market Watch (April 12, 2012)
"The stronger independence and accountability of directors registered during the last decade and increased scrutiny from shareholders and activists might motivate corporate boards to be more inclined to dismiss a CEO who is performing below expectations," said Matteo Tonello, Managing Director of Corporate Leadership at The Conference Board and co-author of the report with Jason Schloetzer, Assistant Professor at the McDonough School of Business at Georgetown University, and Melissa Aguilar, a researcher in the corporate leadership department at The Conference Board.

Who Makes it into Business School?, MBAPrograms.org (April 12, 2012)
"The ideal candidate is the "whole package," said Kelly Wilson, assistant dean and director of Full-Time MBA Admissions at Georgetown's McDonough School of Business. "Just as much as -- if not more than -- what we see on paper within the application, the way a candidate carries himself and behaves in all aspects of the admissions process is very important."

Should the U.S. Focus on Exporting Services?, The New York Times (April 11, 2012)
“There is this huge infrastructure boom where these big, fast-growing economies are going to need to build out their roads, sewers, telecommunications networks, factories, airports, harbors, you name it,” said J. Bradford Jensen, an economist at the Peterson Institute for International Economics and author of a recent book on global services trade. 

How to Make Your Old Boss Want You Back, FINS (April 11, 2012)
The urge to take revenge on a boss or colleague who may have wronged you by telling HR what terrible people they are will be strong during the exit interview. Studies show that most people who do engage in revenge feel bad about it later. "People shouldn't do it, but they do," said Bob Bies, a professor of management at Georgetown University's McDonough School of Business and author of the book "Getting Even: The Truth About Workplace Revenge And How to Stop It." "Emotions short-circuit their decision-making process and in that moment there's a moral and irrational thought that tells you to do it."

Crowdfunding Sites Launch a Preemptive Strike on Fraud, Bloomberg Businessweek (April 9, 2012)
It’s not only investors but small business owners generally who could be tainted by association if widespread fraud occurs, Georgetown University business professor Reena Aggarwal says. “My concern is that we will see a two-phase process, with companies initially raising capital and everything positive, and then a couple of bad apples and bad press that will bring the regulators back in and make investors leery about putting in money, which will slow down the market,” she says.

Schools Have the Final Word on Plagiarism, The Financial Times (April 9, 2012)
“We talked about the UCLA Anderson story here, to check whether we needed to do something similar,” says Elaine Romanelli, senior associate dean at Georgetown McDonough School of Business. “We use Turnitin here. but not on admissions essays. However, we do avoid essay questions like ‘explain the role of business schools in preventing another financial meltdown’, because we know they are more likely to find answers to these on the internet.”

Accentuating the Positive to Angry Customers, The New York Times (April 7, 2012)
View this as a learning opportunity and not a shouting match, says Christine Porath, an assistant professor of management at the McDonough School of Business at Georgetown University. “If you can come at this with a positive attitude,” she says, “research shows that attitude will spread to others.”

Schools are taking the hint. The business schools at George Washington University, Georgetown University, Santa Clara University and others are tweaking their undergraduate business curricula in an attempt to better integrate lessons on history, ethics and writing into courses about finance and marketing.
 
A guest post by Ricardo Ernst:
However, many business managers fail to recognize the profound implication technological advances are having on this consumer-retailer dynamic. In the days of the ‘General Store’, the monopoly lied with the retailer. In the near future, this monopoly will increasingly lie in the hands of the consumer as retailers have been unwittingly diluting their power, and consumers have become more active transaction participants. This will soon lead to a new interaction: instead of retailers selling goods, consumers will begin selling demand.
 
“The consequences of a big failure are so severe that the SEC should be paying close attention to these issues,” James Angel, a finance professor at Georgetown University’s business school in Washington, said in an e-mail. “No human system is perfect and eventually something will happen, so they also want policies and procedures in place for catching problems quickly and cleaning up the mess afterwards.” 
 
Curative International Marketing: Next Step Up, The Korea Times (April 4, 2012)
Curative international marketing must be the next step to restore the marketing field’s reputation and application. Marketers must make up for past errors and again deliver joy, pleasure, fulfillment, safety, and personal growth across borders, and advance us all toward a better society.
 
“With no looming budget crisis in the U.S., and with some resolution in Europe on the debt issues, a politically-induced depression has been alleviated,” said Dennis Quinn, professor of economics at Georgetown University’s McDonough School of Business. And “presumably, emerging market companies will benefit from global recovery and from avoiding various debt crises.”
 
The U.S. Chamber of Commerce recently partnered with Georgetown University's McDonough School of Business on a study that found, on average, barely 6 percent of executive positions at the mid-size business level are held by women. In the Southern region, which includes Texas, the average dips down to 2 percent.
 
Georgetown University’s School of Business of the District appointed Jeffrey Franke the first associate dean for external affairs and special adviser to the dean.
 
March 2012
“This is an evolutionary process,” said Ricardo Ernst, professor of global logistics at the McDonough School of Business at Georgetown University. “The United States has a particular working environment in terms of shape and conditions, and you shouldn’t necessarily expect tomorrow morning to see the same working environment in Asia.”
 
Collectively, all these rules will create a looser environment for raising equity. The law’s precise impact will be felt in two phases, says Reena Aggarwal of the McDonough School of Business at Georgetown University.

Apple Assembly Line Gets Pay Raise, Fewer Hours, Associated Press (March 29, 2012)
Ricardo Ernst, a professor at Georgetown University's McDonough School of Business, said companies play a risky game when they raise their manufacturing costs. U.S. consumers have shown little inclination to pay more for products that are made in the U.S. as opposed to China.

“At the end of the day it’s a matter of image, a matter of recognition, a matter of reputation,” said Ricardo Ernst, a professor of global logistics at Georgetown University. But regardless of motivation, when a company as large as Foxconn changes, it reshapes other companies’ decisions, he added.

Students With Big Ideas to Convene for Clinton Global Initiative University, The Washington Post (March 28, 2012)
Four Georgetown students have created the Hilltop Microfinance Initiative, offering small-business loans to low-income, minority entrepreneurs in the region. Their first $3,000 loan went to a food-truck driver in Columbia Heights. All told, the students have loaned $18,000 to six clients in several D.C. wards, Southern Maryland and Northern Virginia. The funds come from private donors and foundations.

In looking at Jay Shambaugh's paper on the euro crisis, it seems fairly clear why America doesn't suffer from internal balance-of-payments crises in the way that the euro zone has: the truly national banking system (and regulatory apparatus) breaks the link between local bank troubles and local government-debt crises.
 
No Flash Crash-Like Clearing Woe for BATS Trades, Market Watch (March 26, 2012)
"There were a lot of legal uncertainties about the cancellation process in the Flash Crash which are not present here," said James Angel, an associate professor of finance at Georgetown University's McDonough School of Business.

Europe's Triple Threat: Bad Banks, Big Debts, Slow Growth, Reuters (March 22, 2012)
The financial turmoil still dogging Europe is most often described as a debt crisis. But sovereign debt is only part of the problem, according to new research from Jay Shambaugh, economist at Georgetown’s McDonough School of Business. The other two prongs of what he describes as three coexisting crises are the region’s troubled banks and the prospect of an imminent recession.

From Torches to Arena Floors, UPS Delivers, Reuters (March 22, 2012)
UPS's business is a logical fit for the event, making its sponsorship more valuable, said Ronald Goodstein, professor of marketing at Georgetown University's McDonough School of Business in Washington, D.C.

Is Mobli Good for Mobile?, Yahoo! News (March 22, 2012)
Simon Blanchard, an assistant professor of marketing at Georgetown McDonough, said that in order for Mobli to be a successful product it has to be clear what value it is offering consumers.

In the Heart of Corporate America, Women Struggle to Break Into Top Jobs, Reuters (March 21, 2012)
Researchers at Georgetown University's McDonough School of Business surveyed about 2,000 executives at companies with stock market capitalization of $1 billion to $7 billion, so-called mid-cap firms. They found that women made up 4.5 percent of the top leadership in 2010. That is far less than at larger firms, where other data show women make up about 14 percent of executive positions. "What I find sobering about it is that we are still having an enormous difficulty getting through that ceiling," said Georgetown business professor Catherine Tinsley, who led the study.
 
Cook Bets Apple Will Avoid Fate of Slower Growth Dividend Peers, Bloomberg (March 20, 2012)
Dividends are often associated with companies that have matured past a rapid-growth phase and get more mileage from returning cash to shareholders than using it to generate innovative products, said Lee Pinkowitz, an associate professorof finance at Georgetown University in Washington. Apple, with a steady flow of electronics that have transformed the way people compute and communicate, is an exception, he said.
 
Looking Forward to a Post-IPO Facebook Future, Fast Company (March 19, 2012)
Facebook is at a fork in the road. "I think Zuckerberg is in for a huge surprise," says Sandeep Dahiya, associate professor of finance at Georgetown University's McDonough School of Business. "When I ask CEOs of new public companies what their biggest challenge is, they always tell me they had no idea how much time they'd have to spend telling analysts how they plan to make money in 90 days."
 
Wynn-Okada Legal Battle Highlights Once-Obscure Federal Law, Las Vegas Review-Journal (March 18, 2012)
Michael Czinkota, associate professor of international business and marketing at Georgetown University's McDonough School of Business, said the law has done little to stanch corruption overseas while making it harder for U.S. corporations to compete in places where forms of gratuities are the norm and business executives' careers or a company's earnings are "dependent on delivering the goods."

Winners & Losers in U.S. News' Ranking, Poets & Quants (March 15, 2012)
Shortly after Harvard Business School professor David Thomas was named dean of Georgetown University’s McDonough School of Business last year, he met privately with University President John J. DeGiola. “What is going to be the part of the job that will be the toughest for you?,” asked DeGiola. “Waking up every day knowing how much people care about the rankings so I have to care about them, too,” replied Thomas without hesitation. Thomas just faced his first rankings test as a new dean and discovered he didn’t have to worry all that much. Yesterday, Georgetown’s McDonough School climbed one spot in the 2012 U.S. News & World Report ranking of the best business schools to place a respectable 24th.

A Real Jobs Plan for the 21st Century, Forbes (March 15, 2012)
How can we do something so positively transformative? The answer, according to a new book by J. Bradford Jensen, an eminent international trade economist at Georgetown University, is aggressively liberalizing trade in services. My organization has been talking about this for years, particularly in relation to the Internet, which as a medium has done more to enable the global trade in services than anything in history.
 
After Goldman Sachs Resignation, Assessing Wall Street's 'Moral Fiber', PBS NewsHour (March 15, 2012)
Wall Street was abuzz after Wednesday's very public resignation by a Goldman Sachs executive -- a New York Times op-ed piece taking issue with its business practices. Judy Woodruff discusses recent criticism of Wall Street culture with Georgetown University's James Angel and the University of Maryland's Michael Greenberger.
 
Downturn Forces Area Business Schools to Adapt, Washington Post (March 14, 2012)
The admission downturn has not spared the MBA elite, the group that includes Harvard and Penn. Those programs remain prosperous partly because their degrees still command comparatively high starting pay, and because applications still far exceed available seats. But even their graduates are fielding fewer job offers, said David Thomas, the new dean of the Georgetown business school, who previously worked at both Harvard and Penn.
 
Nike Apologizes for 'Black and Tan' Sneaker Name, MSNBC (March 14, 2012)
“The product names are very important and companies do spend significant effort in figuring this out,” said Prashant Malaviya, associate professor of marketing at Georgetown University’s McDonough School of Business. “In marketing history, there are lots of examples of mistakes people made, most of them honest but some with a little tongue in cheek.”
 
U.S. News Releases 2013 Best Graduate School Rankings, U.S. News & World Report (March 13, 2012)
In the part-time M.B.A. rankings, Kellogg, previously tied for first with Chicago's Booth School, took sole possession of first this year. Booth is now tied for second with the Haas School of Business at University of California—Berkeley, which improved from third. Georgetown University (which moved from an eight-way tie last year for 21st to 14th) was among the most improved, and some of the largest drops were from Washington University in St. Louis (from 10th to a four-way tie for 21st) and University of Wisconsin—Madison (from a four-way tie for 11th to a four-way tie for 21st).
 
The Merits of Open and Competitive Spectrum Auctions, Fierce Wireless (March 13, 2012)
The following op-ed is by Anna-Maria Kovacs, a visiting scholar at the Center for Business and Public Policy:
One of the most important provisions of the recently enacted The Middle Class Tax Relief and Job Creation Act of 2012 authorizes the Federal Communications Commission (FCC) to conduct long-awaited spectrum incentive-auctions. This is an enormous accomplishment for Congress and a vital and welcome challenge for the FCC, which has repeatedly highlighted the need for more spectrum.
 
Social Media as a Teaching Tool, Campus Technology (March 12, 2012)
At Georgetown University, Professor Betsy Sigman is using Google+ in her courses at the McDonough School of Business. There she's trying out the social networking platform to help students keep up with current events on data, the topic of the course she's teaching.

Social Media Helps Build Strong Brands, Baseline Magazine (March 9, 2012)
An article by Betsy Sigman
New technologies on the Web are changing how forward-thinking companies are approaching branding. Over the last few years, social media services such as Facebook, Twitter, Google+ and others have provided direct access to reach customers.
 
An op-ed co-authored by Michael Czinkota:
In this year’s presidential election, the dominant issues should be creating jobs and growing the economy. The Republicans are championing tax cuts, deregulation and elimination of government agencies. President Barack Obama and the Democrats prefer more federal spending. Rhetoric may win votes, but the fact is that neither side is addressing the key issue. How we compete in today’s global economy will do more to get America out of this economic slump than arguing about tax reductions or more stimulus spending.
 
Georgetown University’s McDonough School of Business is the most recent school to announce changes to the core curriculum for its MBA programme. The new curriculum, which begins this autumn, will include a course on “principled leadership for business and society”, an increased emphasis on the development of quantitative skills, and five core courses taken apart and redesigned with an interdisciplinary approach.
 
Video: Tips for Choosing an MBA Program, U.S. News & World Report (March 7, 2012)
Strong business background, but no network? A full-time program with ample opportunities to collaborate and bond inside and outside of the classroom may serve you better than an online or part-time program where students are too strapped for time to get involved, says Christine Kousin, a private wealth manager at Morgan Stanley and alumna of the McDonough School of Business at Georgetown University.
 
Facebook Beckons Morgan Stanley as it Tops Stock Ranking on Internet IPOs, Bloomberg (March 6, 2012)
The Facebook listing “is a huge thing for Morgan Stanley,” says Reena Aggarwal, a professor at Georgetown University’s McDonough School of Business. Aggarwal adds that it may not be hugely profitable. Zuckerberg could pay his bankers as little as 1 percent of the value of the deal, people familiar with the matter say, compared with a 5.5 percent average for U.S. IPOs in 2011.
 
New MBA Curriculum Prepares Global, Innovative, Principled Leaders, Market Watch (March 5, 2012)
Georgetown University's McDonough School of Business will launch a newly designed MBA Curriculum this fall. This new curriculum applies to both the school's Full-time MBA program and its MBA Evening program.
 
This Wednesday, March 7th, BUILD is having a fund-raising event called “Taste of Entrepreneurship” which will host some of D.C.’s most prolific thought leaders in business as well as feature a key note dialogue with David Thomas, Dean of the Georgetown University McDonough School of Business. If you have ever had a mentor or special catalyst in your life that has pushed you to realize your full potential, you will understand the importance of helping BUILD continue to change the lives of many of our D.C. youth.
 
CBOE’s statement could refer to anything from technology glitches to monitoring trading and overseeing its member firms, James Angel, a finance professor at Georgetown University’s business school in Washington, said in a phone interview. It could also relate to “dodgy” activity by a floor trader or how well the exchange monitors trading on its electronic platform, he said. “It could mean almost anything,” Angel said. “Something at the CBOE has caught the SEC’s attention.”
 
MBA candidates headed to Georgetown’s McDonough School of Business can expect longer, tougher classes this fall under a new curriculum unveiled today. 
FEBRUARY 2012  
Dr. John Mayo, Professor of Economics, Business and Public Policy at Georgetown University, said wireless only customers have grown nationally from 4 percent to 31 percent.   
 
Even in a down market, higher prices can stick, say Marco Bertini, assistant professor of marketing at the London Business School and Luc Wathieu, associate professor at Georgetown University, in a recent blog post.
 
Jensen turns the spotlight on the more than 80 percent of U.S. workers employed in services, a diverse category that includes legal, accounting, architectural, educational, and medical services, as well as transportation and retail.
 
Op-ed by J. Bradford Jensen.
 
"Before the race, Newt was famous, but mainly for what he did in the 1990s," says Robert Shapiro, a senior fellow at Georgetown's McDonough School of Business who's been an economic advisor to many Democratic candidates. "Now he's famous for what he's doing now, which gives him much more commercial value."
 
Eric Bell’s start-up, a personal finance Web site called YoBucko, is as much a labor of love as a labor of frustration. The Georgetown MBA student recalls with anger when his credit score was tarnished by a $49 medical bill he never knew he had.
 
Professors from Columbia Business School, London Business School and McDonough School of Business at Georgetown University were intrigued by the phenomenon that for upscale goods, such as wine, increased product availability fuels higher costs—a sharp contrast with the conventional wisdom that competition drives down prices.
 
And why shouldn’t we? Asking users to get paid is like saying that Verizon should pay their customers for calling their friends, argues Sandeep Dahiya, a finance professor at Georgetown University.
 
The faculty of Georgetown’s McDonough School of Business yesterday approved a new MBA curriculum that will feature changes to the existing curriculum structure, the introduction of key new cross-disciplinary courses and a renewed commitment to principled leadership and globalization. Full-time MBA Associate Dean Elaine Romanelli announced the changes in a letter today, indicating that they will be implemented beginning in fall 2012.
 
Biz Buzz: What’s New in Graduate Management Education, Graduate Management News (February 2012)
Later this month, Georgetown University’s McDonough School of Business will inaugurate a three-day Executive Certificate course, Embracing Change: Leading Organizations in Turbulent Times. Additional certificate programs planned for 2012 include Global Engagement, Standout Marketing, and Financial Management. 

Should Facebook's Users Share Its Riches?, All Things Considered - NPR (February 15, 2012)
Facebook can't comment on its business as it waits to go public. Sandeep Dahiya can. He teaches finance at Georgetown University.

Economist Brad Jensen thinks he has a solution: Sell the work of American engineers and accountants to developing countries by having them pitch in on infrastructure design and construction as nations like China, India and Indonesia become wealthier. With a projected $40 trillion business worldwide over the next 25 years, it’s a massive opportunity, Jensen says.
 
Snyder’s background made him a surprising choice for Yale, said David Thomas, dean of Georgetown University’s business school who received his Ph.D. in organizational behavior from Yale in 1986. Graduates of Yale SOM wondered if a free-market advocate would be a good fit, he said. “That’s the question that’s on some people’s minds,” Thomas said.
 
Not only are recruiters showing more interest in real estate students, but media coverage of the housing crisis has led more M.B.A. students to pay attention to the real estate field, says Brian Gill, an adjunct professor at Georgetown University's McDonough School of Business.
 
Georgetown Center for Financial Markets and Policy in the McDonough School of Business at Georgetown University has named Kathleen L. Casey, former commissioner of the U.S. Securities and Exchange Commission (SEC), as a Distinguished Policy Fellow.
 
Managers seeking to bolster their financial literacy and understanding may benefit from a new, three-day Executive Certificate course at Georgetown University’s McDonough School of Business, titled Demystifying Finance: Balance Sheet Basics for Non-Financial Managers.
 
@ProfThomas, David Thomas, dean, Georgetown University, McDonough School of Business
Thomas tweets about former alumni, entrepreneurship, politics, and D.C. restaurants.
 
Jeff Reid, director of the entrepreneurial studies at Georgetown, opened the event with a panel discussion with three of Georgetown’s entrepreneurs in residence.
 
Spotlight on: Georgetown MBA’s Small Business Clinic, Stacy Blackman Consulting (February 2012)
Georgetown MBAs are helping small businesses in the Washington, D.C., area find success through a popular McDonough School of Business course known as the Small Business Clinic. This MBA-only class, taught by adjunct professor James Hunt, assists students in developing business plans and aids them with legal, accounting, and finance issues when putting together strategies for small businesses and non-profits.
 
Facebook declined to comment, but Reena Aggarwal, a US finance professor who has studied IPOs believes Facebook founder Mark Zuckerberg will emulate Google's philosophy, at least in principle.
 
Heated competition in social networking also required Facebook to load up on cash to fend off rivals, industry experts say. "There's always the threat of competition, and they (Facebook) always need to stay one step ahead," says Reena Aggarwal, professor of finance at Georgetown University's McDonough School of Business.
 
But that poor performance could just be a reflection of the overall economic slump, said Reena Aggarwal, professor of finance at Georgetown University’s McDonough School of Business. Social media stocks “have been very volatile mostly because of what’s going on in the markets, and the markets have been very volatile,’’ she said. “There hasn’t been a perfect time to do an IPO.’’
 
TODAY'S recommended economics writing: … The empirics of firm heterogeneity and international trade (Andrew Bernard, J. Bradford Jensen, Stephen Redding, and Peter Schott)
 
"It's like seeing cracks in a dam," James J. Angel, professor at the McDonough School of Business atGeorgetown University told The New York Times. "One day, I don't know when, there will be another earthquake."
 
But that poor performance could just be a reflection of the overall economic slump, said Reena Aggarwal, professor of finance at Georgetown University’s McDonough School of Business. Social media stocks “have been very volatile mostly because of what’s going on in the markets, and the markets have been very volatile,” she said. “There hasn’t been a perfect time to do an IPO.”
 
Facebook declined to comment, but Reena Aggarwal, a finance professor who has studied IPOs at Georgetown University's McDonough School of Business, believes the site's founder and CEO Mark Zuckerberg will emulate Google's philosophy.
 
January 2012

What right-to-work laws really mean, Fortune (January 31, 2012)
"If more states pass right to work, unions would lose more members," says Douglas McCabe, professor of management at Georgetown's McDonough School of Business. "It would discourage people from signing authorization cards to be able to hold a vote on unionizing."

Will Facebook deliver an IPO surprise?, CBS News (January 31, 2012)
Facebook declined to comment, but Reena Aggarwal, a finance professor who has studied IPOs at Georgetown University's McDonough School of Business, believes Zuckerberg will emulate Google's philosophy, at least in principle.

When Brownnosing Backfires: Why Sucking Up Isn’t Always Good, The Grindstone (January 31, 2012)
A recent survey published by Georgetown University’s McDonough School of Business that polled senior executives at large U.S. corporations found that 92% have seen favoritism at play in employee promotions, 84% have seen it at their own companies and 23% said they practiced favoritism themselves. “This survey reminds us that favoritism remains alive and well in the executive suite. Many playing fields still aren’t level,” said Lamar Reinsch, a professor of management at Georgetown’s McDonough School of Business.

As Gretchen Spreitzer and Christine Porath note in one of the recent HBR articles, "It's not about contentment, which connotes a degree of complacency."
 
Today we are excited to be participating in Georgetown Entrepreneurship Day at the Georgetown University McDonough School of Business in Washington.
 
Here is reaction from political and Wall Street analysts:
JAMES ANGEL, ASSOCIATE PROFESSOR OF FINANCE AT GEORGETOWN UNIVERSITY'S MCDONOUGH SCHOOL OF BUSINESS: "It's definitely a campaign speech. He's clearly running for re-election and trying to say all the right things. "He's said all this great stuff about smarter regulation. Amen to that. But how is he going to get there from here? ... He's defending his reforms but it's more chest thumping than anything."
 
THOMAS COOKE: As a tax professor, it's the type of tax return I rarely get a chance to show to my students.
 
Why does this behavior get customers so riled? It has to do with their deontic logic, or personal moral beliefs about how people should be treated, says Christine Porath, a management professor at Georgetown University and co-author of the study. "It's not all about the customer's own experience," says Porath, who co-authored the study with Deborah MacInnis and Valerie S. Folkes, two marketing professors from the University of Southern California. "They objected to what they perceived as unfair behavior toward the employee."
 
Brad Jensen of Georgetown University and the Peterson Institute has laid out the case in his excellent new book.
 
This is perhaps to be expected; to paraphrase the philosopher Jason Brennan (whose excellent The Ethics of Voting I just reviewed for Public Choice and will discuss here in greater detail later), elections encouraged civilized conversation and thoughtful, reasoned reflection the way fraternity parties encourage temperance and sobriety.
 
Robert J. Shapiro, chairman of the economic advisory firm Sonecon and chair of the Globalization Initiative at NDN, served as the Under Secretary of Commerce for Economic Affairs during the Clinton Administration. Dr. Shapiro is also an advisor to the International Monetary Fund and a senior fellow at the McDonough School of Business at Georgetown University.
 
"It wouldn't be unusual to see other board changes to line up with the CEO's new viewpoint," says Jason Schloetzer, professor of accounting at Georgetown University's McDonough School of Business. "If you use CEO turnover as a measure of performance, the board has been less successful. A fresh start could be good for the firm."
 
Brad Jensen, of the McDonough School of Business at Georgetown University, said: “To call it a false hope would be too strong but we need to be clear-eyed: manufacturing is not really where the US comparative advantage lies.”
 
Some of the top business schools seem to agree with Rhey's view. The Yale School of Management, for instance, is offering the course Washington and Wall Street: Markets, Policy, and Politics; New York University's Stern School of Business recently hosted a dialogue for students on Occupy Wall Street; and Georgetown University's McDonough School of Business held a public event titled "Where's the 'I' in Occupy?"
 
Consider the following recent survey that was conducted by researchers at Georgetown University’s McDonough School of Business.

Durham Business School finds home in local seminary, Financial Times (January 12, 2012)    
M
eanwhile the McDonough school at Georgetown University in Washington has occupied a fire station and the business school at the University of Cape Town, in South Africa, took over the local prison. 

Next Generation Students talk about their internships, The Next Generation (January 11, 2012)
“My internship with PricewaterhouseCoopers provided me a fantastic opportunity to work with a variety of people and clients...” Tim Stefanou, Georgetown University, McDonough School of Business. “Working for UBS Financial Services afforded me hands-on experience in wealth management...” Alexander Paranicas, Georgetown University McDonough School of Business.
 
Photos of Top News, daylife.com (January 11, 2012)
President Barack Obama, accompanied by Vice President Joe Biden, is presented with a copy of Bradford Jensen's book 'Global Trade in Services'.
 
Capital shortage leads WJB to shutter B-D operation, Investment News (January 8, 2012)
Smaller broker-dealers may struggle amid a decrease in equity trading and face higher operating expenses tied to provisions of the Dodd-Frank Act, said James Angel, a finance professor at Georgetown University's McDonough School of Business. 

Ten Innovation Resolutions for 2012, Bloomberg Businessweek (January 6, 2012)
Jeneanne Rae founded Motiv Strategies, a consulting firm specializing in innovation. She has worked in the field of innovation and design for more than 20 years, holding positions at Peer Insight and IDEO. For the last decade, Rae has taught new product development and service development as an adjunct professor at Georgetown University's McDonough School of Business.

Be Happy, Make Money. Frost Miller blog (January 6, 2012)
Authors Gretchen Spreitzer of University of Michigan’s Ross School of Business and Christine Porath of Georgetown University’s McDonough School of Business contend that a happy workplace creates thriving employees: those who are “not just satisfied and productive but also engaged in creating the future—the company’s and their own.” 

Barnes & Noble could spin off the Nook, Marketplace (January 5, 2012)
Prashant Malaviya: Thee capability of the Nook is going to be significantly less than the iPad, so why buy a Nook. 

On denying the franchise, New APPS blog (January 5, 2012)
Eric Schliesser has quoted Jason Brennan to the effect that denying the franchise to certain people merits consideration. I think that to take such a proposal seriously exhibits either naïveté or ignorance—of a history not safely past but still with us. 

WJB Faced 25% Interest on Debt Ahead of Brokerage Shutdown, Bloomberg Businessweek (January 4, 2012)
The shutdown follows the collapse of MF Global Holdings Ltd., which filed for bankruptcy Oct. 31 after a $6.3 billion bet on the bonds of some of Europe’s most-indebted nations. Smaller broker-dealers may struggle amid a decrease in equity trading and face higher operating expenses tied to provisions of the Dodd-Frank Act, said James Angel, a finance professor at Georgetown University’s McDonough School of Business.

Protect HFT cheetahs from regulatory poachers, Financial Times (January 3, 2012)
Nor did I ever consider preventing traders from mechanising their trading model. I never thought that this was somehow unfair, and I readily understood a trader’s request to gain a trading booth closer to the pit. James Angel, associate professor of finance at Georgetown University, recently said it made him shudder when he heard regulators asking: “Is it fair that people spend extra money to sit their computer right next to the stock exchange computer?” He said it showed an almost shocking ignorance of financial history.

Brief Review / Reflection: The Ethics of Voting – Jason Brennan, Englewood Review of Books (January 2012)
Well, here we are in 2012, another new year and another presidential election year. The television and internet news media are already buzzing constantly about the run-up to the November elections. But with all this buzz, how often do we think about how or why we vote, or even – GASP! – if we should be voting at all. Enter Jason Brennan’s recent book The Ethics of Voting.