Associate Professor Alan Ziobrowski
testified at a July 13 hearing of the House Rules Committee at which
the topic was the Stop Trading on Congressional Knowledge (STOCK) Act.
Ziobrowski, who published a study showing that members of Congress have
higher than average returns on their stock purchases, was quoted by The
Hill as testifying that “the current system [employed by Congress to
monitor lawmaker and staff stock holdings] fails to link financial
disclosure to any kind of legislative behavior.” The Associated Press,
Dow Jones Newswires, and the Washington Post cited Ziobrowski’s data in
their hearing coverage.
Tough Times Call for CLV
Professor V. Kumar
(VK) of Robinson’s Center for Excellence in Brand and Customer
Management explained the concept of Customer Lifetime Value in the
Economist’s Executive Briefing, published by the Economist Intelligence
Unit. The Singapore Times covered VK’s keynote address on the topic at
the Inaugural Global Conference on Service Excellence.
Test Scores
Accounting professor Larry Brown
is quoted in two Associated Press stories on the stress tests applied
to financial institutions earlier this year. In one story Brown noted
that “the market is now pricing in an expectation that these reports
are going to be pretty good.”
Monopoly Money
Associate Dean Jane Mutchler
reacted to legislation that would require the Treasury Department to
distribute shares of GM and Chrysler to every taxpayer within one year
after the companies emerge from bankruptcy. In the Atlanta
Journal-Constitution Mutchler said, “It’s probably better in terms of a
balm to make everybody feel good that they’re getting a piece of this.”
But, “It’s a little bit like Monopoly money.”
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