At the behest of Securities & Exchange Commission (SEC) chair Arthur Levitt Jr., Yale School of Management Dean Jeffrey E. Garten brought together experts from business, finance, the accounting profession standards setting bodies and the academic community to look into the question "What is value in the new economy and what information could be provided to investors to help them make the most informed decisions?"
The panel had its first meeting on May 23 and plans to conclude its work by the end of the year. Although independent of the SEC, the panel will make recommendations to the SEC as well as other interested parties.
In addition to Garten, members of the panel include Len Baker, managing director, Sutter Hill Ventures; John Doerr, partner, Kleiner Perkins Caufield & Byers; Rob Glaser, chair and CEO, RealNetworks, Inc.; Larry Kanarek, director, McKinsey & Company; Kenneth L. Lay, chair and CEO, Enron Corp.; Baruch Lev, director, Vincent C. Ross Institute of Accounting Research, Leonard N. Stern School of Business, New York University; John Neff, retired managing partner, Wellington Management Company, LLP; Nancy Peretsman, executive vice president and managing director, Allen & Company, Inc.; Peter G. Peterson, chair, The Blackstone Group; Dennis Powell, vice president and corporate controller, Cisco Systems, Inc.; David L. Shedlarz, executive vice president, Pfizer Inc.; Richard Sherlund, managing director, Goldman Sachs; Joseph E. Stiglitz, professor of economics, Stanford University; and Hal R. Varian, dean of information management and systems, University of California at Berkeley.
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MEDICAL SCHOOL NEWS
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