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For more information, please contact:
Gwen Osborne, director of public affairs, (312) 906-5251

ADVISORY TO PRODUCERS, COLUMNISTS AND ASSIGNMENT, LEGAL, PLANNING, BUSINESS, AND DAYBOOK EDITORS

CHICAGO-- July 14, 2003--Chicago-Kent College of Law, the Stuart Graduate School of Business and the Center for Law and Financial Markets have experts available to discuss current issues. To reach any of our experts, call Gwen Osborne, director of public affairs, at (312) 906-5251. Copies of press releases and earlier advisories are available on our Web site: http://www.kentlaw.edu/news/

The 74th annual All-Star Game will be held on July 15 at U.S. Cellular Field. Last year's game ended in a 7-7 tie after 11 innings. This year, Major League Baseball commissioner Bud Selig has linked the outcome of the All-Star Game to the World Series. The league that wins the game will have home field advantage in the 2003 World Series. Sports attorney and adjunct professor Eldon L. Ham is the author of The 100 Greatest Sports Blunders of All Time. Professor Ham is available for interviews on the impact of the commissioner's decision on the players, teams and the fans. He can also discuss professional baseball blunders and whether this decision would make his list.

Online bettors looking to wager on the All-Star Game may lose more than money. "In Illinois and many other states such wagers are against the law. But online gamblers can also leave themselves open to identity fraud and credit card theft by unscrupulous sites," says Dean Harold J. Krent. He is available to talk about the dangers of online gambling.

A team of IIT students is in Kosovo. The students are part of an interdisciplinary team that is working with Kosovars to help build a stable, sustainable democracy and market economy. Led by Professor Henry H. Perritt, Jr., the IIT team is meeting with key leaders to explore establishing a law firm in Kosovo, providing a model for a business advocacy clinic, assisting international investors and providing a clinical education opportunity for Kosovar law students. In 1999, IIT students established Operation Kosovo, a project to assist Kosovar refugees. Professor Perritt is available for interviews about Operation Kosovo and its current activities.

"Wind turbines have the potential to create clean and reliable sources of energy," says Professor George P. Nassos, director of the Center for Sustainable Enterprise at Stuart Graduate School of Business. He is overseeing a team of IIT students from a variety of disciplines -- business, engineering, architecture, and computer science -- who are examining business, logistical and environmental issues related to the installation of a small wind turbine at the Field Museum in Chicago. The turbine will produce approximately 4 to 5 kilowatts of energy per hour for the museum's power plant, about one percent of its electricity needs. The official unveiling of the wind turbine will take place this summer. Professor Nassos is available for interviews about the project.

Policymakers at the Federal Reserve Bank last month cut key interest rates to their lowest levels in 45 years. What will the Fed do next? IIT's Stuart Graduate School of Business professor Robert Laurent is a former economist with the Federal Reserve Bank of Chicago. He is available for interviews.

What makes a trader successful? Professor David Norman, director of the market technology program at IIT's Center for Law and Financial Markets, is collecting data on trader activity to learn how decisions are made. "The Trader DNA" project uses behavioral finance theories and techniques to reveal electronic traders' psychological profile in order to determine what makes them successful. Norman says "This is the first time anyone has tried to quantify what makes a trader on electronic markets successful." Professor Norman is the author of Professional Electronic Trading and Trading at the Speed of Light. He is available to talk about the "Trader DNA" project.

"While most investors are worried about the stock market's three-year decline, other investors are making money even as stock prices fall," says Professor Keith Black of IIT's Center for Law and Financial Markets. Investments in hedge funds now total about $560 billion, up 75 percent from 1999. Professor Black can discuss why investors are attracted to hedge funds in this market environment, strategies hedge funds use to make money in up and down markets, and how the growth in hedge fund investments affects the stock and bond markets.

Cook County residents with domestic relations disputes, including legal separation, divorce, child support, child custody, visitation and guardianships, may qualify for representation through Chicago-Kent's Family Law Clinic. Clients will pay on a sliding scale fee basis, depending on their financial circumstances. Students will work under the supervision of Professor Ira Feldman. He is available for interviews about the program.

Downtown Campus Events:

July 30: "Strategic Positioning for Small Businesses: Writing Business & Marketing Plans" is the topic of a presentation by Paul Prabhaker, associate dean and professor of marketing, Stuart Graduate School of Business. The seminar is organized by ¡Exito!, a Spanish language newspaper published by the Chicago Tribune, and co-sponsored by the Stuart School. The program will be held at the West Side Technical Institute, 2800 S. Western Avenue in Chicago. For more information, please contact Rafael Alvarado at (312) 906-6573 or alvarado@stuart.iit.edu



--DTC--

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