AS-economy-experts

Thu Sep 25 07:52:27 2008 Pacific Time

      Economic Turmoil: Experts Available

       BERKELEY, Calif., Sept. 25 (AScribe Newswire) -- The Haas School of Business at the University of California, Berkeley can provide leading experts in the field of real estate, banking, finance, and the economy to address the news unfolding around the financial market turmoil and troubled U.S. housing market.

       A list of key experts follows below. Additional sources can be found on the Haas web site at http://www.haas.berkeley.edu/faculty/groups.html . An online experts list will be available online by early next week at http://www.haas.berkeley.edu/news/sources.html .

       For additional help, please contact Haas School media relations:

       Ute Frey 510-642-0342 frey@haas.berkeley.edu

       or

       Pamela Tom (on Tuesdays, Wednesdays, and Thursdays) 510-642-2734 ptom@haas.berkeley.edu

       - - - -

       HAAS REAL ESTATE, BANKING, AND FINANCE EXPERTS

       Banking/Finance/Economy

       - Terrance Odean

       Willis H. Booth Chair in Banking and Finance I

       Haas Finance Group

       Office: 510-642-6767

       E-mail: odean@haas.berkeley.edu

       Web: http://www.haas.berkeley.edu/faculty/odean.html

       Expertise: Behavioral finance; individual investor finance; gender investment behavior

       Odean on the crisis: "The various bailouts that have been announced and proposed could potentially cost the average family of four over $10,000, so let's not act rashly." - 9/24/08

       - Richard Stanton

       Professor

       Haas Finance Group

       Office: 510-642-7382

       E-mail: stanton@haas.berkeley.edu

       Web: http://www.haas.berkeley.edu/faculty/stanton.html

       Expertise: Mortgage markets and techniques for hedging and pricing derivatives

       - James Wilcox

       Kruttschnitt Family Professor of Financial Institutions

       Haas Economic Analysis and Policy Group

       Haas Finance Group

       Office: 510-642-2455

       E-mail: jwilcox@haas.berkeley.edu

       Web: http://www.haas.berkeley.edu/faculty/wilcox.html

       Expertise: Treasury's rescue plan; banking; Federal Reserve; monetary policy; interest rates; economy-wide unemployment and inflation.

       On the crisis: "The Treasury's rescue plan has already stopped the panic in credit markets, and the plan can get credit flowing to businesses and individuals, while presumably costing taxpayers very little. What we need to discuss is how the banks will be recapitalized by taxpayers and how much mortgage relief will be available to overburdened homeowners." - 9/24/08

       Housing/Real Estate

       - Ashok Bardhan

       Senior Research Associate

       Fisher Center for Real Estate and Urban Economics

       Office: 510-643-7355

       E-mail: bardhan@haas.berkeley.edu

       Web: http://staff.haas.berkeley.edu/bardhan/

       Expertise: Subprime financial crisis; outsourcing of R&D and its impact on US jobs and economy

       - Thomas Davidoff

       Assistant Professor

       Haas Real Estate Group

       Office: 510-643-1425

       E-mail: davidoff@haas.berkeley.edu

       Web: http://www.haas.berkeley.edu/faculty/davidoff.html

       Expertise: Housing; home equity; real estate and urban economics

       - Robert Edelstein

       Professor, Haas Real Estate Group

       Co-Chair, Fisher Center for Real Estate and Urban Economics

       Office: 510-643-6105

       E-mail: edelstei@haas.berkeley.edu

       Web: http://www.haas.berkeley.edu/faculty/edelstein.html

       Expertise: Subprime mortgage market and urban real estate economics

       - Cynthia Kroll

       Senior Regional Economist

       Fisher Center for Real Estate and Urban Economics

       Office: 510-643-6112

       E-mail: kroll@haas.berkeley.edu

       Web: http://staff.haas.berkeley.edu/kroll/

       Expertise: California economic trends and their implications for real estate development opportunities and land development issues.

       - Kenneth Rosen

       Co-Chair, Fisher Center for Real Estate and Urban Economics

       Office: 510-643-8274

       E-mail: krosen@haas.berkeley.edu

       Web: http://www.haas.berkeley.edu/faculty/rosen.html

       Expertise: Economics of the housing and commercial real estate markets

       Mr. Rosen outlines specific solutions to four of the problems currently facing our financial and real estate markets. Go to http://groups.haas.berkeley.edu/realestate/Fisher/PAB/KRosenPR9-22-2008.pdf


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