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Kogod in the Media/May 2011

 

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The latest headlines from the Kogod School of Business.

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Faculty, Programs, & Quotes

Kogod associate dean chosen for Loyola University business school
Kogod's senior associate dean for academic affairs, Dr. Kathleen Getz, was recently named the dean of Loyola University Chicago's School of Business Administration. With Kogod, Getz has directed faculty recruitment and development, program review and improvements, and strategic planning and implementation. She has also helped develop the new MS in sustainability management degree, the Kogod Tax Center, and the Global Management Institute. Loyola's Provost John Pelissero said he believes Getz will enhance the quality of undergraduate academic programs, increase learning opportunities, utilize the business school's alumni base and build on existing relationships to position Loyola for success. (5/20/11)

Berkshire Hathaway reports stake in MasterCard
Warren Buffett's Berkshire Hathaway Inc. reported a stake in MasterCard Inc. in March. MasterCard is the second-biggest payments network, and was the second-biggest investment of Berhshire's money manager, Todd Combs, before he joined the company. "He's going to get into the mix, and if he's had some success or a lot of knowledge on MasterCard, then he's bringing that to the table," said Kogod finance professor Gerald Martin. View Full Article (5/17/11)

Kautter weighs in on mayor's tax approach
According to a recent article from the Washington Times, when DC Mayor Vincent Gray went over revenue-generating ideas for the coming fiscal year, they placed them in 'yes' and 'no' piles, then let the executive choose among the concepts. This resulted in 13 new or increased taxes or fees to contribute to closing DC's budget gap. Tax experts, including Kogod's David Kautter, director of the Kogod Tax Center, weighed in on the mayor's approach. "The one thing you cannot say is it is a pro-growth or pro-job series of proposals," said Kautter, noting "you have to worry about the impact on small businesses and entrepreneurial business." View Full Article (5/12/11)

Income fell in 2008 for top taxpayers
David Kautter, director of the Kogod Tax Center, was recently quoted in a Bloomberg article on the effects of the recession on the wealthiest US taxpayers. According to the article, the 400 highest-earning US households reported a total of $108.2 billion in income in 2008, a 21.5 percent decline from 2007. In an attempt to reduce the US budget deficit, President Obama and Democratic congress members have proposed increasing taxes on top earners, but Republicans are resistant to the plan. These taxpayers earned, on average, $270.5 million in 2008, and even when held constant for inflation, their income rose almost four times between 1992 and 2008. "Democrats are focused in the top 1 percent," Kautter said. "Your income went down but your still in that top 1 percent." View Full Article (5/11/11)

Kogod Now highlighted in b-school newsletter
Kogod's new magazine, Kogod Now, was mentioned in a recent edition of Biz Buzz: What’s New in Graduate Management Education newsletter published by Graduate Management News. Kogod Now is a biannual publication that showcases faculty research. View Full Article (5/10/11)

Ginzberg appointment highlighted
Michael Ginzberg's recent appointment as dean of the Kogod School of Business was highlighted in a recent newsletter published by Graduate Management News in the People on the Move section. Ginzberg joins Kogod after serving as the dean of Sy Syms School of Business at Yeshiva University. View Full Article (5/10/11)

Ginzberg appointment publicized
The Chronicle of Higher Education included an announcement of Kogod's new dean, Michael Ginzberg, in their Appointments and Promotions section. Ginzberg comes to Kogod after serving as the associate provost and professor of management and information systems in the Sy Syms School of Business at Yeshiva University. View Full Article (5/9/11)

New dean profiled in National Journal
Kogod's new dean, Michael Ginzberg, was recently profiled in the National Journal, a Washington, DC politics and policy publication. Ginzberg has served as a business school dean for 10 of the past 11 years, the article said, at institutions such as the University of Delaware's Alfred Lerner College of Business and Economics and Yeshiva University's Sy Syms School of Business. Ginzberg also helped develop – on a pro bono basis – a strategic plan for rebuilding Tulane University's School of Science and Engineering after Hurricane Katrina. "It was one of the most gratifying experiences of my career," he said of his experience with Tulane. "You could see tangible change happening very quickly… As an institution, they either did this or they died." View Full Article (5/5/11)

Professor's research shows company's success
A white paper co-written by Kimberly Cornaggia, an associate professor in Kogod's finance and real estate department, was recently cited in a story from Inside Indiana Business. The paper shows that Rapid Ratings, an independent ratings and analytics firm that provides ratings of companies' financial health for investment and risk management professionals, brings companies that ultimately default to below investment grade nearly three years faster than Moody's, a competing firm. View Full Article (5/4/11)