Archive for August, 2011

Treasury official to discuss lessons of the financial crisis

Wednesday, August 31st, 2011

Timothy G. Massad, assistant secretary for financial stability with the Department of the Treasury, will discuss lessons of the 2008 financial crisis as this year’s first Freeman Distinguished Speaker in Finance.

Timothy G. Massad

Timothy G. Massad

Massad’s presentation, “Dodging Disaster: What We Learned from the 2008 Financial Crisis,” will take place on Tuesday, Sept. 13, at 6:30 p.m. in the Loraine and Winslow Chadwick Auditorium (Room 131) of Goldring/Woldenberg Hall I. The lecture is free and open to the public.

Massad was confirmed June 30, 2011, by the United States Senate to serve as the Department of the Treasury’s Assistant Secretary for Financial Stability.  In this role, Massad is responsible for overseeing the implementation and wind down of the Troubled Asset Relief Program (TARP).

Massad previously served as the Acting Assistant Secretary for Financial Stability.  He joined Treasury in May 2009 as the Chief Counsel for the Office of Financial Stability (OFS).  He also later became the Chief Reporting Officer for OFS.

Prior to joining Treasury, Massad was a partner with the law firm of Cravath, Swaine & Moore LLP in New York.  He had a diverse corporate practice, with an emphasis on corporate finance, international transactions and representation of some of the firm’s corporate clients.  From 1998 to 2002, he was the co-manager of the firm’s Hong Kong office, where he was involved in transactions throughout Asia, including in particular India and China.  He also worked in the firm’s London office.

Massad left Cravath from December 2008 to February 2009 to assist the newly formed Congressional Oversight Panel, one of the oversight agencies for TARP.  He served as a special legal advisor to the COP for its first report on the TARP investments.

Massad received a B.A. from Harvard College and a J.D. from Harvard Law School.  He is married, has two children and lives in Washington, D.C.

For more information about Massad’s presentation, contact Rhonda Brown at or 504-862-8470.


Freeman School promotes two, appoints four to faculty for 2011-12

Tuesday, August 30th, 2011

Dean Ira Solomon is pleased to announce the following promotions and appointments to the faculty at the A. B. Freeman School of Business for the 2011-12 academic year.

Sheri TiceSheri Tice, professor of finance, has been named the A. B. Freeman Chair of Business. Tice joined the faculty of the Freeman School in 1998 as an assistant professor of finance and was promoted to associate professor in 2004 and professor in 2010. Prior to her appointment as the A. B. Freeman Chair, she had served as the Norman Mayer Professor of Business since 2005. Tice received her PhD in business administration from Michigan State University, her MBA from Kennesaw State University and her undergraduate degree from the University of Minnesota. Her research is primarily in the area of corporate finance and focuses on the effect of firm characteristics on the decisions and performance of firms and their competitors. She also conducts research in the area of financial market anomalies. Tice has published research articles in The Journal of Finance, The Journal of Financial Economics and The Review of Financial Studies. She is a referee of top finance journals, a frequent discussant at finance conferences and is regularly invited to the National Bureau of Economic Research Corporate Finance Meetings. As director of the Darwin Fenner Student Managed Fund, Tice supervises the management of $2.6 million of Freeman School endowment money by graduate and undergraduate students in two honors seminars. At the Freeman School, Tice has been the recipient of the Erich Sternberg Faculty Research Award, the Irving Lavalle Research Award, the Outstanding Young Researcher Award, the James T. Murphy Excellence in Teaching Award and the Outstanding Service Award.


Freeman and SENO announce PitchNOLA 2011

Monday, August 8th, 2011

Got an idea to improve life in New Orleans? Enter PitchNOLA and you could win $1,000 to help make it a reality.

Alan Fisher of GTC NOLA, a green transportation company, makes his pitch at last year’s PitchNOLA competition.

Budding entrepreneurs have about a month to submit entries to PitchNOLA 2011, an “elevator-pitch” competition for ventures designed to effect positive social or environmental change in New Orleans.

Now in its third year, the contest gives local social entrepreneurs the chance to pitch breakthrough ideas to a panel of celebrity judges and an audience of more than 200 business professionals, social activists and community members.

The competition takes place at 7 p.m., Thursday, Oct. 6, at Freeman Auditorium in the Woldenberg Art Center on Tulane University’s uptown campus. To enter, individuals or teams must submit a one- to three-minute YouTube video pitch and a 500-word proposal online at by 11:59 p.m., Sept. 7. The top 10 proposals will earn a spot in the live PitchNOLA competition at Tulane. Anyone interested in participating as an audience member may visit this same website to register to attend. The audience plays a key role in the competition by providing constructive criticism and helping entrants better connect with resources and contacts.

“The Freeman School of Business is delighted to partner with PitchNOLA to give entrepreneurs a platform to not only hone their presentation skills but to engage and inspire the community with their innovative ideas for social change here in New Orleans,” said Ira Solomon, dean of the A.B. Freeman School of Business at Tulane.

The individual or team with the most innovative idea will win $1,000 plus executive mentorship, consulting and pro-bono technical assistance from Social Entrepreneurs of New Orleans (SENO). A second $500 prize will be given to the audience’s favorite pitch.

PitchNOLA is sponsored by SENO, Tulane Social Entrepreneurship Initiatives and Tulane University’s A. B. Freeman School of Business. For more information about the competition, visit

Five alums among DiversityMBA’s Top 100 Under 50

Sunday, August 7th, 2011

Five Freeman School alumni are among the honorees in the 2011 DiversityMBA Magazine Top 100 Under 50 Diverse Executive & Emerging Leaders.

Top 100 Under 50Compiled by DiversityMBA Magazine, the list recognizes exceptional minority and multicultural executives—including African Americans, Asians, Hispanics, foreign nationals and women—who have achieved success in highly competitive corporate, government or entrepreneurial environments.

Diversity MBA Magazine is an internationally distributed publication targeting women and multicultural professionals in corporate America and government as well as entrepreneurs and business students.

The honorees will be featured in DiversityMBA Magazine’s summer 2011 issue and will be honored at the magazine’s awards gala in September at the Chicago Wyndham Hotel.

This year’s Top 100 Under 50 award winners are Alex Hernandez (MBA ’03), founder and president of Hernandez Consulting; Lily Le (MBA ’98), executive vice president and chief marketing officer of AEG Affiliated Energy Group; Vipin Mayar (MBA ’88), executive vice president and global director of marketing performance at McCann Worldgroup; Sami Miettinen (MBA ’96), executive director of Royal Bank of Scotland; and Anne St. Clair (MBA ’01), private client manager at Bank of America.

Alex Hernandez

Alex Hernandez

Lily Le

Lily Le

Vipin Mayar

Vipin Mayar

Sami Miettinen

Sami Miettinen

Anne St. Clair

Anne St. Clair


This was the fifth consecutive year that Freeman School alumni have made the magazine’s Top 100 Under 50 list.  Since the magazine began compiling the list in 2007, more than a dozen alumni of the Freeman School have been featured.

To learn more about the annual honor and to see the complete list of this year’s honorees, visit Louisiana leaders ponder impact of debt limit on state dollars

Tuesday, August 2nd, 2011

From, Aug. 1, 2011:

The new dean of Tulane University’s Business School, Ira Solomon, said the plan which could be voted on tonight by the Congress is a drop in the bucket.

“The federal government borrows in the neighborhood of $4 billion dollars a day, $4 billion a day in spending of monies we have to acquire from someone else,” said Solomon.

To read the entire article, visit


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