Message-ID: <2214222.1075843844452.JavaMail.evans@thyme> Date: Fri, 26 Jan 2001 04:45:00 -0800 (PST) From: jeff.dasovich@enron.com To: skean@enron.com, richard.shapiro@enron.com, mpalmer@enron.com, karen.denne@enron.com, james.steffes@enron.com, joe.hartsoe@enron.com, sarah.novosel@enron.com, mary.hain@enron.com, paul.kaufman@enron.com, sandra.mccubbin@enron.com, susan.mara@enron.com, alan.comnes@enron.com, tim.belden@enron.com Subject: UC Economists (and others) Step Out a Bit in California Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Jeff Dasovich X-To: skean@enron.com, Richard Shapiro, mpalmer@enron.com, Karen Denne, James D Steffes, Joe Hartsoe, Sarah Novosel, Mary Hain, Paul Kaufman, Sandra McCubbin, Susan J Mara, Alan Comnes, Tim Belden X-cc: X-bcc: X-Folder: \Jeff_Dasovich_June2001\Notes Folders\Sent X-Origin: DASOVICH-J X-FileName: jdasovic.nsf One of the things that came out of the meeting I was at on Saturday with the UC economists (including Tyson and Yellen) was a "manifesto" that they published today (I'll have the final to distribute soon). They're having a press conference in about 10 minutes at Berkeley. In anticipation, they're quoted in a story in today's LA Times (that features Greenspan's comments) and they focus their quotes on the need to raise rates. Most of these folks in the group, lamentably, earn their living by consulting for incumbents, but there message here should be helpful, and there are a few "right-minded" economists in the bunch. (I managed to get Dr. Michaels in the group, who was a great voice of reason in the debate over what to say in the manifesto.) It wasn't appropriate for me to play a visible role in the design of the manifesto, though I attempted to offer some behind the scenes suggestions. Jeff ----- Forwarded by Jeff Dasovich/NA/Enron on 01/26/2001 12:41 PM ----- "James L. Sweeney" 01/26/2001 11:52 AM To: Pablo Spiller , John_Chandley@LECG.com, David Teece cc: tyson@haas.berkeley.edu, tom_campbell@law.stanford.edu, shmuel@euler.berkeley.edu, willrichm@aol.com, george_barker@LECG.com, cdanner@wilkandassociates.com, gilbert@econ.berkeley.edu, yellen@haas.berkeley.edu, scott_harvey@LECG.com, jscadding@wilkandassociates.com, mwilk@wilkandassociates.com, phillip_mcleod@LECG.com, berk@haas.berkeley.edu, john_chandley@LECG.com, jdasovic@enron.com, lfried@uclink.berkeley.edu, william_hogan@harvard.edu, rmichaels@fullerton.edu, borenste@haas.berkeley.edu, richard.rumelt@anderson.ucla.edu, rschmidt@LECG.com, pverleger@compuserve.com, pjoskow@mit.edu, joseph.mullinix@ucop.edu, mcfadden@econ.berkeley.edu, steven@stoft.com, peter.gosselin@latimes.com Subject: Re: FINAL VERSION It seems this is already getting press. Click on the following to see the Los Angeles Times story. Fortunately the LA Times did not focus on any of the issues we are debating here. http://www.latimes.com/business/reports/power/ Jim Sweeney At 04:19 AM 1/26/2001, Pablo Spiller wrote: >colleagues: > >we are less than 2 hrs short of the press conference. i just got to the >computer and saw all these e-mails. i will suggest we take our local nobel >prize winner's suggestion and go, for the time being, as is. we simply do >not have the time to incorporate changes without violating the need for >consensus. We will release the manifesto at 11am PST, at the press >conference that is going to take place here at haas. Those of you from the >east coast, feel free to release it at any time. Those in the west coast, >i would suggest that we do not release it until 11am, but feel free to talk >to whoever you want about it. > >The version of the manifesto that is going to be released is the version >that we sent yesterday afternoon incorporating the excellent comments by >paul. also is the version that includes the list of endorsees as of the time. > >if you haven't received the copy, please let me know. > >thanks. > >pablo > > > >At 11:54 AM 1/26/01 -0500, John_Chandley@LECG.com wrote: > > > >1. Is the document out? Or are we still making changes? > > > >2. Is the "embargo" over? > > > >3. When can we get the final, final, final for further distribution? > > > >John > > > > > > > > > > > > > >David Teece on 01/25/2001 05:54:00 PM > > > >To: tyson@haas.berkeley.edu, tom_campbell@law.stanford.edu, > > shmuel@euler.berkeley.edu, willrichm@aol.com, george_barker@lecg.com, > > cdanner@wilkandassociates.com, gilbert@econ.berkeley.edu, > > yellen@haas.berkeley.edu, scott_harvey@lecg.com, > > jscadding@wilkandassociates.com, spiller@haas.berkeley.edu, > > mwilk@wilkandassociates.com, phillip_mcleod@lecg.com, > > berk@haas.berkeley.edu, john_chandley@lecg.com, jdasovic@enron.com, > > lfried@uclink.berkeley.edu, william_hogan@harvard.edu, > > rmichaels@fullerton.edu, borenste@haas.berkeley.edu, > > richard.rumelt@anderson.ucla.edu, rschmidt@lecg.com, > > pverleger@compuserve.com, pjoskow@mit.edu, jim.sweeney@stanford.edu, > > joseph.mullinix@ucop.edu, mcfadden@econ.berkeley.edu, > > steven@stoft.com, jim.sweeney@stanford.edu > >cc: peter.gosselin@latimes.com > > > >Subject: FINAL VERSION > > > > > >Dear Colleagues, > > > >Here is the FINAL version of the manifesto. This version includes some > >additions and deletions to bring on Paul Joskow and Janet Yellen, and > >hopefully Severin Borenstein as well. Also attached is a list of > >endorsements Pablo and I have secured. If you are not on the list and wish > >to be added, please let us know. > > > >Critically, let us know if you wish to be removed. We are picking up new > >endorse by the hour and will release by 9:00 am (PST) tomorrow. > > > > > >David Teece and Pablo Spiller > > > > > >(See attached file: Manifesto DJT 1-25-01.doc) > >(See attached file: endorsee list 12501.doc) > >====================================== > >David J. Teece, Director > >Institute of Management, Innovation and Organization > >F402 Haas School of Business #1930 > >University of California, Berkeley > >Berkeley, CA 94720-1930 > >Phone: (510) 642-1075 > >Fax: (510) 642-2826 > >http://haas.berkeley.edu/~imio > >====================================== > > > > > > > > James L. Sweeney, Stanford University Department of Management Science and Engineering Terman Engineering Center, Room 323 Stanford, CA 94305-4026 Voice: 650-723-2847; Fax: 650-723-1614; Home Voice or Fax: 650-322-9835