Chicago Business

From the Editor's Desk

Thu, 14 May 2009 04:00:00 GMT

To think that there will only be one issue of ChiBus after this one before we all head to our futures. OK maybe not exactly the future but summer. In our defense the sunshine outside does make you think of the
future and brightness. Even if the future is uncertain like it is for some of us (no internship or full time offer) sunshine has this way of making us feel it will work out and that, even if it doesn't work out, there is the prospect of lazy days basking in the sun not spending/not earning any money to look forward to.

India Leadership Summit 2009

Thu, 14 May 2009 04:00:00 GMT

Before I came to business school, I was warned that sometimes the most valuable learning occurs outside of the classroom. With Chicago's star studded faculty that always seemed implausible, but no longer. On Saturday the South Asia Business Group held their annual India Leadership Summit, and though it wasn't fun to show up at Harper before 8 am on a Saturday, it was an invaluable experience.

Overheard at Booth

Thu, 14 May 2009 04:00:00 GMT

Overheard in Class:
Professor: "If we take the money back, we would have to screw Grandma. That's a technical term."

Prof in class talking about social security issues -

Prof: "Why is social security such a big problem? The way it was setup, we gave all this money to grandma in expectation that she will live for half an year more after retirement.

2009 Management Conference

Thu, 14 May 2009 04:00:00 GMT

On Friday May 29th, Chicago Booth will host its 57th Annual Management Conference at the Sheraton Chicago downtown. This year's conference will focus on "The Future of Markets" and will host an all-star lineup of Booth faculty including Gary Becker, Eugene Fama, Kevin Murphy and Raghuram Rajan.

An Inspirational Story for Aspiring Entrepreneurs

Thu, 14 May 2009 04:00:00 GMT

How aspiring opera singer of age 21 became the CEO of multimillion dollar sittercity.com and did not give up on family and art

Genevieve Thiers, now the founder and the CEO of sittercity.com, was raised in a family of seven kids. She and her twin sister were the oldest.

Boothies Sail Away

Thu, 14 May 2009 04:00:00 GMT

"Any damn fool can navigate the world sober. It takes a really good sailor to do it drunk."
-Sir Francis Chichester while loading his boat with gin. (The solo circumnavigation record holder)

Hello fellow Boothers!

Rumor has it, it is spring here in Chicago.

Botswana Spring Break

Thu, 14 May 2009 04:00:00 GMT

This year, CGC was able to expand its spring break trek to an unprecedented 30 people due to widespread interest and a generous subsidy from Deutsche Bank. The trip was also unique because Botswana is the most developed country CGC has ever visited-with low corruption, high investment in education over the last 30 years, and the responsible use of capital earned from diamonds, Botswana has gone from one of the ten poorest countries in the world to the 36th richest-no small achievement for one generation.

GBC Corner

Thu, 14 May 2009 04:00:00 GMT

GBC in Taiwan

A few weeks ago I attended the GBC 2009 International Conference in Taiwan. The annual conference brings student government leaders from the top 50 global business schools together to discuss issues facing business school students worldwide and to address a relevant topic in world business.

JK Just Knows

Thu, 14 May 2009 04:00:00 GMT

My Feel, Inc.

There is something weird about the sun. The minute it's out, it's almost like my whole thinking process becomes partially (or totally) impaired. Things I usually think about twice or doubt� suddenly all turn into a "yes".

Barbeques at two in the afternoon - or pancake breakfasts - before midterms become a pleasant reality; back to back movies at AMC seem to just happen; waking up after six hours of sleep just to catch the sunshine although you got nothing in the morning (except maybe writing a few summer internship applications and cook a royal breakfast) become second nature.

Random Walk

Thu, 14 May 2009 04:00:00 GMT

The Lords of Finance| All history is biography, said Emerson and it is with this quote that Liaquat Ahamed, former i-banker and World Bank economist, starts off his book about the four Central Bankers who dominated the World of Finance before the Great Depression.

Strategery Ensues

Thu, 14 May 2009 04:00:00 GMT

On a sunny Friday afternoon, Boothies congregated around the Winter Garden to eat, drink, and�play speed chess!!! That's right: May 8th marked the day of the Strategy Games Club's 1st Annual Speed Chess Tournament. Sitting at small tables lining the windows between the Summer and Winter Gardens, over 30 men and women gathered to test their wits in 5-minute blitz rounds of chess.

The Honor Code

Thu, 14 May 2009 04:00:00 GMT

There is a lot of talk these days about what kind of standards business leaders should be held to, and what role business schools should play in "teaching" these standards. There is a general agreement that the bank CEO should be held to a higher standard than the bank teller, but, as Dean Snyder explains, a major challenge of business schools is finding a way to incorporate this belief into repeatable actions in our day to day lives.

Flip Cup for Ages

Thu, 14 May 2009 04:00:00 GMT

Every age has its warriors that rise to confront insurmountable odds. The Spartans at Thermopylae, the Jewish Zealot rebels at Masada, Davy Crockett and the Texans at the Alamo. These are the men who sacrifice their bodies to turn an enemy's ultimate victory into a pyrrhic one that dooms them to the ashbin of history.

I Pluck Not the Roses

Thu, 14 May 2009 04:00:00 GMT

I pluck not the roses

I pluck not the roses
Pluck not them none
That grow by my garden
Season by season.

Pluck them for whom
When my love's love is no me
Share them with whom
When my care is for none else.

Do, I water them daily
Do, I watch them silly
No, not in wait to pluck them for her someday
But to see her in them, time and again.

Through the blinds

Thu, 14 May 2009 04:00:00 GMT

Food is always on my mind. For this edition of the column, I'm proud to introduce some of my favorite Singaporean food�and hopefully do my bit for Singaporean tourism as some of you think about your post-graduation or post-summer trips (Singapore Tourism Board, I'm doing my job as a Singaporean! You should be proud�or at least give me a full-time offer if I'm not hired by this time next year)

Hainanese Chicken Rice: This delectable steamed chicken comes with fragrant rice cooked in chicken stock and ginger bits.

That's What She Said

Thu, 14 May 2009 04:00:00 GMT

Last Chance Harvey (PG-13) - 3/4 Your browser may not support display of this image.Your browser may not support display of this image.Your browser may not support display of this image.

Written and directed by Joel Hopkins, Last Chance Harvey stars Dustin Hoffman, Emma Thompson, James Brolin, and Kathy Baker.

And the Answer is...

Thu, 14 May 2009 04:00:00 GMT

In order to save my breath, saliva, and larynx, I thought I would use the precious column inches of this publication of journalistic integrity to answer some questions I've been getting lately. There really are just a few short answers, though the questions vary.

Some GSBs

Thu, 14 May 2009 04:00:00 GMT

I do not write a love advice column. Not only do I not care, but I also am not a proponent of the stuff listed in The Rules. I wanted to clear that up, lest I need to give the SB award to sizable majority of the student body that thinks I do�

That being said, it should make sense that since ChiBus has a hot list, I need to compile one too.

Swine Flu

Thu, 14 May 2009 04:00:00 GMT

I'm writing this article from an underground bunker. I have just rushed back here from attending Follies, and there's an evil presence much worse than Kip, Kipp and Vik in leotards. Not wishing to worry anyone unduly, but it turns out we are all about to die.

UAW Motors Acquires Majority Stake in Citigroup in Stock Swap

Thu, 14 May 2009 04:00:00 GMT

DETROIT (AP) - In an address today to the United Auto Workers union, President Barack Obama announced the swap of the US government's 80% equity stake in Citigroup for a 10% equity position in the employee-owned UAW Motors LLC, formerly FiatGMChrysler LLC.