April 2003
(continued)

Wharton & Harvard Business Review: Walter Keichel on Hottest Ideas in Business

April 14 - Walter Kiechel - Harvard Business Review, Registration and 
Information at www.whartonny.com (click on Events), Wharton Authors 
Speaker Series or copy this link 
http://www.acteva.com//booking.cfm?bevaID=45207 

Trends, Terrors, and Transcendent Wisdom: Walter Kiechel on the Hottest 
Ideas on Business and Management 

Walter Kiechel has a unique perch from which to comment on the key 
management trends of our day. Kiechel spent most of the 1980s as editor 
in charge of Fortune's articles on management. In 1994, he rose to become 
Fortune's managing editor, the magazine's top editorial position. More 
recently, Kiechel has been at the helm of the internationally respected 
Harvard Business Review and the Harvard Business School Press, publisher 
of several of the past decade's landmark business books. Kiechel's 
reputation for insight, candor, and humor should make for a fascinating 
discussion. 

Time: 6 pm to 8 pm 
Place: The Penn Club 
Price: $30 Members, $45 Non-members 
Registration and Information at www.whartonny.com (click on Events),or copy this link 
http://www.acteva.com//booking.cfm?bevaID=45207   

Colombia Business School & Merrill Lynch: The Future of Sell-Side Equity Research

Columbia Business School Alumni Club/NY
Finance & Banking Committee
with generous support from Merrill Lynch
presents

The Future of Sell-Side Equity Research
Wednesday April 9th
An Informed Panel of Experts Debates the Situation and Alternative Approaches

· Stanton Green - Managing Director - Vista Research
· Hollis Rafkin-Sax - General Manager, Financial Communications - Edelman
· Paul Spillane - Executive Vice president, Head of Research Sales, Recruiting and Distribution - Soleil Securities Group

The panelists will discuss how new business models for delivering sell-side equity research are emerging in the current market conditions.

Topics to be covered will include: 

In the current market, do companies still need sell-side equity research to attract and retain investors? 
Do investors still need sell-side equity research to guide their investment decisions? 
Is sell-side research from firms without investment banking activities becoming more attractive? 
What new business models for sell-side equity research are emerging? 
Date: Wednesday, April 9th 

Time: 6:15PM -8:30PM - panel discussion preceded by hors doeuvres & drinks

Location: Merrill Lynch 47th Floor - Citicorp Center, 153 East 53rd Street (Lex. Ave.)

RSVP & Registration: CBSAC/NY & NYBSC members $15; Others: $25. Please visit www.cbsacny.org to register 

***Due To Tight Building Security, Pre-Registration Is Required - No Walk-Ins***


Panelist Profiles
Stanton Green is a Managing Director at Vista Research. Working on Wall Street for more than twelve years, Mr. Green brings extensive financial services hands-on experience to Vista. Prior to Vista, Mr. Green was a Managing Director of Epoch Partners. Mr. Green began his career at Merrill Lynch, where he helped build and develop the company's structured note business. Mr. Green also built the single stock hedging business where he was responsible for all aspects of that venture except risk management/trading. In 1995, Mr. Green joined Morgan Stanley institutional derivatives group where he was instrumental at developing such products as the first variable share forward program.
Mr. Green has product knowledge and experience across all equity products, including convertible bonds, equity capital markets, program trading, futures, listed options, over the counter options, tax efficient trades and technology. Mr. Green is also a frequent public speaker. 
Mr. Green holds a B.A. from Dartmouth College.

Hollis Rafkin-Sax is General Manager, Financial Communications at Edelman. Ms. Rafkin-Sax manages the worldwide financial practice of Edelman, the fifth largest global public relations firm. She is a longtime strategic communications advisor specializing in corporate positioning, mergers and acquisitions communications, crisis situations, and financial restructurings and reorganizations.
Ms. Rafkin-Sax founded her own communications advisory firm, the Chatsworth Group LLC, in 1998. She focused on communications support for private equity firms, crisis communications and M&A advisory, working closely with Robert M. Bass and his advisors at Keystone, Inc., Acadia, Oak Hill Capital Partners and affiliates. Ms. Rafkin-Sax was also a Managing Director at Gavin Anderson & Company, with responsibility for the firm's special situations group. Previously, Ms. Rafkin-Sax was a Managing Director at Ogilvy Adams & Rinehart, heading an account group specializing in mergers and acquisitions and change-in-control situations.
Hollis Rafkin-Sax is a graduate of Bowdoin College in Brunswick, Maine.

Paul Spillane is Executive Vice President, Research Sales, Distribution and Recruiting at Soleil Securities Group. Mr. Spillane was a senior institutional salesman and sales manager at Goldman Sachs, where he worked for eleven years, primarily selling fixed income, foreign exchange, commodities, futures and options products. Subsequently, he worked for seven years at Deutsche Bank as a managing director and senior member of the executive team responsible for building the global equities businesses. Most recently, he was responsible for establishing Deutsche Banks Global Relationship Management program.

Mr. Spillane holds an MBA from Columbia Business School. 

Colombia Business School Alumni: Top Trends in Wine

Club Wine Tasting: Top Trends in Wine

Join us on April 10th to hear noted wine writer W. R. Tish bring us up to date on the latest in the world of wine. "Tish" has spoken before our group on numerous occasions and his humorous style is always a treat. We'll try some zesty Sauvignon Blancs from New Zealand, the latest in red-hot Shiraz, provocative "kitchen sink" blends, the vaunted 2000 vintage of Bordeaux...
and a few surprises!

DATE: Thursday, April 10th, 2003 
TIME: 6:00 - 8:00 P.M.
PLACE: Rosie O' Grady's Times Square
149 West 46th Street (bet 6th & 7th Aves)
( Private Party Room - lower level )

COST: $35 members who prepay by April 1st 
$45 non-members before 4/1 
$40 members after 4/1
$50 non-members after 4/1

Registration: on-line at www.cbsacny.org 

Business School Alumni Hike, New York

You are all invited to join hikers from 10 plus NYC Business School Chapters, possibly a law school representative, and others on the first in a series of monthly hikes in Harriman Park/ Bear Mountain. Your co-hosts are the Haas (Berkeley) and University of Chicago MBA alumni associations. The first outing, "The Tourist Hike," is described below:

Moderate, 6 miles, 3 hours.

This delightful and entertaining outing suitable for novice as well as experienced hikers delivers a scenic or historical attraction virtually every half mile. If its Tuesday, this must be Harriman Park . . Highlights include a waterfall, a beaver dam, a mountain lookout, "caves" where Indian artifacts were found (now in the Bear Mountain museum), and the old Conklin family cemetery plot on the edge of Pine Meadow Lake. Hike begins at the Reeves Meadow Visitor center on Seven Lakes Dr.

Bring hiking boots, suitable clothing, two quarts of water, and lunch.

Limited to 20 participants.

Date: Sunday April 13.
Weather Date: April 20
Time: 10:15AM
Meeting Place: The South Street restaurant on Highway 17N in Sloatsburg, NY (southern Rockland County). South Street is 50 yards from the Sloatsburg train station, near Duncan Donuts, and the intersection of Highway 17 and Seven Lakes Dr.
Cost: no charge.
Bus Transportation: 9:10 AM departure/10:07 arrival Short Line Bus from Port Authority, 3rd Fl. 212-736-4700. Train Transportation: 9:20 AM departure/10:06 arrival Metro North from Hoboken 212-532-4900. Driving Directions from NYC: provided upon request. Allow 1hr. 15 minutes. For the return trip, an effort will be made to locate rides for people who took public transportation.

To RSVP, for information, or to see pictures of the trip contact Paul Huberman by email econhiker@worldnet.att.net or telephone 917-733-9870. Call leader the day of the hike if in doubt about cancellation due to weather.