APGAR, WILLIAM. Click.
COHEN, MARCIE. Click.
CONSIDINE, TERRY. Click.
COYLE, STEPHEN. Click.
CUTLER, LLOYD. Click.
HOWARD GLASER. Click.
AL GORE. CLICK.
HELLER, III, RODERICK, J. Click.
KAMARK, ELAINE. Click.
LOEBS AND HARVARD. Click.
NARASIMHAN, SHEKAR Click.
RAINES, FRANKLIN. Click.
RETSINAS, NICOLAS P. Click.
RUBIN, ROBERT E. Click.
WINOKUR, HERBERT S. ("PUG") Click.
THREE OF THE FOUR CURRENT TOP OFFICE OF OMB OFFICIALS ARE HARVARD GRADUATES. Click.
NICOLAS P. RETSINAS
Nicolas P. Retsinas was appointed director of Harvard's Joint Center for Housing Studies in 1998. The Joint Center is a collaborative venture of the Harvard Design School and the Kennedy School of Government. The Center conducts research to examine and address the most critical housing and community development issues in America. The State of the Nation's Housing continues to earn national recognition as an authoritative source of information, which is regularly utilized by housing researchers, industry analysts and policy makers. Retsinas is also a lecturer in housing at the Harvard Design School and the Kennedy School of Government. Prior to his Harvard appointment, Retsinas served for almost five years as assistant secretary for housing-federal housing commissioner at the United States Department of Housing and Urban Development.
President Clinton also appointed Retsinas to serve as director of the Office of Thrift Supervision. Retsinas served on the board of the Federal Deposit Insurance Corporation, the Federal Housing Finance Board and the Neighborhood Reinvestment Corporation. Retsinas received a Meritorious Service Award from Secretary Robert Rubin in 1997.
In addition to serving at the federal level, he also served the State of Rhode Island as the executive director of the Rhode Island
Housing and Mortgage Finance Corporation from 1987 to 1993. He received his master's degree in city planning from Harvard
University and his AB in economics from New York University.
Retsinas currently chairs the Federal Home Loan Bank of Boston and serves on the board of trustees for the National Housing
Endowment and the Enterprise Foundation, the executive committee for the National Housing Conference, the board of
directors of Habitat for Humanity International, Shorebank, the National Community Capital Association, The Community
Development Trust, the Low Income Housing Fund, and the National Low Income Housing Coalition.
Retsinas has lectured and written extensively on housing, community development and banking issues. He is a fellow at the National Academy of Public Administration.
William C. Apgar Biographical Information
Assistant Secretary for Housing-Federal Housing Commissioner U.S. Department of Housing and Urban Development William Apgar was nominated by President Bill Clinton to be Assistant Secretary for Housing-Federal Housing Commissioner in June 1998. He was confirmed by the U.S. Senate on October 21, 1998, and sworn into office on October 23, 1998.
From October 1997 until he was confirmed, Mr. Apgar served as an advisor to Secretary Andrew Cuomo, first in the Office of Policy Development and Research and then in the Office of Housing. As Assistant Secretary for Housing-Federal Housing Commissioner, Mr. Apgar administers the single and multifamily insurance funds; programs that provide financing for elderly and disabled housing initiatives; the disposition of the HUD-owned assets; and regulatory responsibilities related to manufactured housing, interstate land sales, and Real Estate Settlement Procedures Act (RESPA). Current FHA Insurance-in-force is $419 billion, which includes 6.8 million single family insured loans, almost 2.0 million multifamily units and nearly half a million Title I loans. The capital ratio for the Mutual Mortgage Insurance fund was realized three years ahead of its Year 2000 target. Mr. Apgar oversees the President's National Homeownership Strategy which has led to a record breaking homeownership rate. He is also responsible for coordinating HUD's mission regulation of Fannie Mae and Freddie Mac. Mr. Apgar also serves on the Federal Housing Finance Board, the Board of the Neighborhood Reinvestment Corporation and the Advisory Board of the Community Development Financial Institutions Fund.
Prior to his appointment at HUD, Mr. Apgar was a lecturer in Public Policy at Harvard's John F. Kennedy School of Government and Executive Director of the Joint Center for Housing Studies. A graduate of William's College, Professor Apgar received his Ph.D. in economics from Harvard University. Professor Apgar's research focuses on housing economics, regional and demographic analysis, and housing and community development policy analysis. Together with his Joint Center colleagues, Professor Apgar produced the series of annual reports entitled, The State of the Nation's Housing, a widely referenced review of long-term trends in housing costs, housing conditions, and the housing situation of the nation's low- and moderate-income households. Professor Apgar was a founding member of the Board of Directors of the Committee for Boston Public Housing, a non-profit organization committed to improving the quality of life of public housing residents, and served on the Board of Directors of the Newton Community Development Foundation.
ANNOUNCEMENT OF APPOINTMENT FOR WILLIAM APGAR, ASSISTANT SECRETARY OF HOUSING
William Apgar was sworn in as Assistant Secretary for Housing-Federal Housing Commissioner, October 23, 1998. Bill is on leave from Harvard University, where he was the Executive Director of the Joint Center for Housing Studies. The Center is responsible for the annual report The State of the Nation’s Housing, a widely referenced account of long-term trends in housing. Apgar was originally selected to head up the Office of Policy Development and Research, but was tapped by Secretary Cuomo last October for the top job in Housing.
ROBERT E. RUBIN
Robert E. Rubin, Secretary of the Treasury
Robert E. Rubin was sworn in as the 70th Secretary of the Treasury on January 10, 1995. From January 20, 1993 to January 10, 1995, Mr. Rubin served in the White House as Assistant to the President for Economic Policy. In that capacity he directed the activities of the National Economic Council. The NEC's principal functions include: overseeing the Administration's domestic and international economic policymaking process, coordinating economic policy recommendations to the President, ensuring that economic policy decisions and programs are consistent with the President's stated goals, ensuring that those goals are effectively pursued, and monitoring the implementation of the President's economic policy goals.
Prior to joining the Administration, Mr. Rubin spent 26 years at Goldman, Sachs & Co. in New York City. He joined Goldman in 1966 as an associate, became a general partner in 1971 and joined the management committee in 1980. Mr. Rubin was Vice Chairman and Co-Chief Operating Officer from 1987 to 1990 and served as Co-Senior Partner and Co-Chairman from 1990 to 1992.
Before joining Goldman, he was an attorney at the firm of Cleary, Gottlieb, Steen & Hamilton in New York City from 1964 to 1966. Mr. Rubin's previous activities included membership on the Board of Directors of the New York Stock Exchange, Harvard Management Company, New York Futures Exchange, New York City Partnership and the Center for National Policy. He has also served on the Board of Trustees of the Carnegie Corporation of New York, Mt. Sinai Hospital and Medical School, the President's Advisory Committee for Trade Negotiations, the Securities and Exchange Commission Market Oversight and Financial Services Advisory Committee, the Mayor of New York's Council of Economic Advisors and the Governor's Council on Fiscal and Economic Priorities for the State of New York.
Mr. Rubin graduated summa cum laude from Harvard College in 1960 with an A.B. in economics. He received a L.L.B. from Yale Law School in 1964 and attended the London School of Economics. Mr. Rubin was born in New York City on August 29, 1938. He is married to Judith Oxenberg Rubin, who served as the New York City Commissioner of Protocol for four years under Mayor David M. Dinkins. The Rubins have two adult sons, James and Philip.
Head of Al Gore’s Reinventing Government Office, left the Clinton Administration to join Harvard, then served as Al Gore’s domestic policy advisor in his bid for the presidency. Elaine is married to Tino Kamark, former Vice Chairman and head of Ex-Im Bank. Tino’s cousin, John Kamark, is lead staff for the Senate HUD Appropriations SubCommittee.
The Brains Behind Campaign 2000, Saturday, November 20, 1999
MR. WATTENBERG: Where might Al Gore or George W. Bush, or Bill Bradley, or John McCain try to lead the country if elected to the presidency? One way to find out is to look at the teams they assemble to advise them.
Governor George W. Bush is promoting what he calls compassionate conservatism, not everyone knows what Governor Bush means by that. Former Secretary of Education William Bennett and former Indianapolis Mayor Steven Goldsmith are two prominent advisors helping that philosophy take shape.
And Al Gore pushes an agenda that he calls practical idealism, well who are the practical idealists advising him? One is Harvard University's Elaine Kamark (sp) who has been a long time Gore advisor, lending
intellectual firepower to the vice president, so too is Bill Galston of the University of Maryland, a frequent guest on Think Tank. What about Senator Bill Bradley? In an interesting twist, he recently received the backing of financial guru David Smick, now Smick was a one time ally and advisor for former Republican vice presidential candidate Jack Kemp. Bradley has also long been in touch with Harvard University's
Cornell West. Arizona Republican John McCain has kept the identity of his advisors close to the vest, although it is said that Henry Kissinger is among them. Sources close to McCain say, he prefers to rely on his own instincts and his full time Senatorial staff.
CEO - FANNIE MAE, THE LARGEST NON-BANK FINANCIAL SERVICES COMPANY IN THE WORLD
Franklin Raines was born January 14, 1949. He attended Harvard College in Boston, where he received his B.A. degree magna cum laude. He continued his education at Harvard Law School where he graduated cum laude with this J.D. (law degree). His studies also included Magdalen College and Oxford University (as a Rhodes Scholar).
He went on to serve as the Associate Director for Economics and Government in the Office of Management and Budget (OMB), Executive Office of the President; and Assistant Director of the White House Domestic Policy Staff between 1977 and 1979. He then joined the firm of Lazard Freres & Company where he was a general partner. His tenure there was 11 years.
From 1991 to 1996, he was Vice Chairman of Fannie Mae, in charge of the company's legal, credit policy, finance, and other corporate functions. For two years he was the President's (William Jefferson Clinton) key negotiator in the talks that led to passage of the bipartisan Balanced Budget Act of 1997. Raines was the first OMB director in a generation to balance the federal budget. Raines also helped the President manage the federal government by coordinating procurement, financial management, information technology, and regulatory policies for all federal agencies.
The Fannie Mae Board of Directors designated Raines as the successor to James A. Johnson in April 1998. From May through December 31, 1998, Raines served as Chairman and CEO-Designate. Franklin D. Raines now serves as Chairman and Chief Executive Officer of Fannie Mae. Fannie Mae is the largest non-bank financial services company in the world. He became Chairman and Chief Executive Officer on January 1, 1999.
HERBERT S. ("PUG") WINOKUR
Capricorn Investors, L.P., 30 East Elm Street, Greenwich, Connecticut 06830
Born in Columbus, Georgia.
1964, 1965, A.B., Harvard, Applied Mathematics 1965, A.M, Harvard, Applied Mathematics 1967, PHD, Harvard, Applied Mathematics (Decision and control theory) Harvard web site is ( http://www.harvard.edu)
1967-69, officer in the US Army, assigned to the Office of the Secretary of Defense
1969-74, co-founder and chairman of the Inner City Fund (later ICF Kaiser International, ( http://www.icf.com/ ), a management consulting firm specializing in policy planning for senior government and business officials.
1974-1983 senior management positions at Pacific Holding Corp., Victor Palmeri and Co., and Pennsylvania Co., Penn Central's principal operating subsidiary.
1983-1987 Winokur served as senior executive vice president of the Penn Central Corp., and played a leading role in the corporation's major restructuring and cost reduction efforts.
1987, chairman and chief executive officer of the investment firm Capricorn Holdings Inc., Greenwich, Conn.(http://www.capricornholdings.com ) He is also managing general partner of three affiliated limited partnerships, Capricorn Investors, L.P., I (organized 1987), II (organized 1994), and III. As of 2000, The portfolio investments encompass companies with revenues of more than $2 billion and having more than 20,000 employees 1987/89(?)-1997, member, Board of Directors, NHP, as co-investor with Harvard until NHP is sold to AIMCO (http://www.aimco.com/aimco.asp) in 1997, two years after its IPO. As it is sold, its mortgage banking subsidiary, WMF Group ( http://www.wmfg.com/ ) is retained, with Harvard and Pug remaining on the board until it is sold to Prudential in June 2000.
( http://www.prudential.com/businesscenter/realestate/pmcc/bcrrz1006.html ) 1988, becomes Chairman of the Board of DynCorp ( http://www.dyncorp.com ), after Capricorn buys approximately 35-40% of the stock. In 1997, Capricorn divests stock down to approximately 5% and Pug resigns as Chairman, remaining on the board and becoming Chairman of the Compensation Committee.
1989, named a member of Harvard's Committee on University Resources.
1995, named a member of the board of directors of the Harvard Management Company.
1997, sells NHP, Inc. (HUD apartments), a co-investment with Harvard for stock, retaining significant position in AIMCO, largest owner of HUD subsidized housing, and retaining WMF, HUD mortage banking operations, steps down as Chairman of DynCorp, remaining on the Board as Compensation Committee Chairman.
1997-98 (?), funds Herbert S. Winokur Public Policy Fund at Harvard University at the Kennedy School of Government. ( http://www.ksg.harvard.edu )
1998, named a board member of CCC Information Services, a co-investment with Harvard Endowment.
Feb., 2000 named to the seven man board of The Harvard Corporation, formally known as the President and
Fellows of Harvard College, is the University's executive governing board. It is the smaller of Harvard's two boards, the other being the Board of Overseers. The appointments mark the culmination of a search for successors to two current Fellows of Harvard College, Judith Richards Hope and Richard A. Smith, both of whom have announced their intentions to conclude their Corporation service by the end of this academic year.
Other members of the Corporation include President Rudenstine, Treasurer D. Ronald Daniel, and Fellows Hanna Holborn Gray, James R. Houghton, and Robert G. Stone Jr. He also serves on the advisory committee of Harvard's Mind/Brain/Behavior Initiative, as well as on the Technology and Education Planning Committee of the Faculty of Arts and Sciences. He is a member of the Committee to Visit the Weatherhead Center for International Affairs, and previously served on the FAS Planning Committee for Faculty Recruitment and Development. Co-chair of reunion fundraising efforts for the Class of 1965, he is a member of the New York Major Gifts Steering Committee.
Spring 2000, sells WMF, HUD mortgage banking operation and Harvard co-investment, to Prudential
Honorary director of the UCLA Medical Center;
Former trustee of the Greenwich Academy;
Former co-chair of the New York Historical Society;
Board of Second Stage Theatre;
Former member of board of Project 180, an organization that facilitates the restructuring of nonprofit institutions;
Member of the Council on Foreign Relations. ( http://www.cfr.org);
Member Woodrow Wilson International Center for Scholars Council. (http://wwics.si.edu);
Member, American Council for Capital Formation( http://www.accf.org )
Board member of: Enron Corp. ( http://www.enron.com );
NAC Re Corporation.( http://www.nacre.com/Nacre/NRCHome.nsf )
Board member of Mrs. Fields' Holding Company, Inc., Azurix (http://www.azurix.com ), NATCO Group ( http://www.natco-us.com/index2.htm);
CCC Information Systems http://www.cccis.com
SEC Filings Indicate that Legal Documents for Capricorn can be sent to: O'Melveny & Myers LLP ( http://www.omm.com/index.html) 153 East 53rd Street New York, New York 10022-4611 Attention: Mark E. Thierfelder, Esquire.
J. RODERICK HELLER, III
BUSINESS ADDRESS: Suite 460, 2445 M Street, NW Washington, DC 20037
(202) 862 3087
HOME ADDRESS: 2308 Wyoming Avenue, Washington, DC 20008 (202) 232-5668
1959, Princeton University, A.B. summa cum laude; Phi Beta Kappa Recipient: Danforth Foundation Fellowship, Woodrow Wilson Fellowship 1960, Harvard University, M.A. in History 1963, Harvard Law School, LL.D magna cum laude; Chairman, Board of Student Advisors
1966-1967, New Delhi, India, Special Assistant to John P. Lewis, Director of the U.S. AID Mission to India
1967-1968, Lahore, Pakistan Regional Legal Advisor for Pakistan and Afghanistan - US. AID Domestic
1968-1970, Associate - Wilmer, Cutler & Pickering
Jan 1, 1971, Partner - Wilmer, Cutler & Pickering
April 30, 1982, Principal legal experience was in the field of corporate finance, with emphasis on foreign investment caps, real estate financing, and mergers and acquisitions. Major international projects included structuring overseas mineral investments and conducting negotiations from 1974-1977 with the Government of Jamaica with respect to ownership, taxation and financing of bauxite operations.
1976-1980, Adjunct Professor of Law -- "Legal Aspects of International Business Transactions" at George Washington University Law School.
May 1,1982 - April 29, 1985, President and Chief Executive Officer - Bristol Compressors, Inc. Bristol manufactures sir conditioning compressors and condensing units. Bristol.which had not been profitable since its founding in 1975, was a "turnaround" situation. From a loss of $5.2 million on sales of $55 million in FY 1982, Bristol moved to profitability is FY 1983 and pre-tax income of $6.2 million on sales of $125 million in FY 1984. It was privately-owned until its sale to York International in November, 1986.
May 1, 1985 - Dec. 8, 1997, Chairman and Chief Executive Officer - NHP, Inc. and various related organizations, including The National Housing Partnership. The National Housing Partnership was formed pursuant to the 1968 Housing Act to encourage the construction of low and moderate income housing. NHP was also a "turnaround," but by 1997 NHP, Inc. (a NASDAQ listed services company) and NHP Partners (a privately held owner of real estate), were collectively the nation's largest owner and operator of apartments. 'The Harvard University endowment was the principal shareholder of both companies.
NHP, Inc., went public in August 1995 at $13 per share and was sold on December 8, 1997, for approximately $32 per share.
PRINCIPAL PRESENT POSITIONS:
For Profit Organizations:
The WMF Group, Ltd. Chairman
Nasdaq listed mortgage banker, with approximately $12 billion in servicing - 54% owned by Harvard University endowment.
Auto-Trol Technology Corp., Director
City First Bank, Director
World Mortgage Association, Inc. (Private), Director
Disease Management Holdings, Inc. (Private.),Director
Global Energy Investors, Inc. (Private), Director
WETA (D.C. Public Television Station), Chairman
Civil War Trust, Director and Chairman Emeritus
National Trust for Historic Preservation, Trustee & Vice Chairman Emeritus
Federal City Council, Trustee and Member of Executive Committee
Woodrow Wilson Foundation, Trustee
National Low Income Housing Preservation Commission,1987 1988
Civil War Sites Advisory Commission, 1991-1992
J. Roderick Heller III and Carolynn Ayres Heller, The Confederacy Is on Her Way Up the Spout: Letters to South Carolina 1861-1864. Athens, Georgia: The University of Georgia Press, 1992. (Hardback); Columbia, S.C., The University of South Carolina Press, 1998 (Paperback);
J. Roderick Heller, III, An Upcountry Chronicle, Washington, D.C.: Canton Press, 1998
Society of the Cincinnati
The Metropolitan Club, Washington, D.C.
Mr. Narasimhan is Chairman and Director of the WMF Group, Ltd. Mr. Narasimhan currently serves on the Boards of the Mortgage Bankers Association of America (MBA), National Multi-Housing Council, National Housing Conference and Cooperative Development Foundation. He also serves as Chair of the Commercial/Multifamily Board of Governors of the MBA. Mr. Narasimhan has served as Chair of the MBA’s Multifamily Steering Committee, Multifamily Housing Committee and Vice-Chair of its Commercial Real Estate Finance (CREF) Council. He was appointed to the Fannie Mae National Advisory Council, elected as the first Chair of the Fannie Mae DUS Advisory Committee, and served on the Executive Committee of the National Rural Housing Coalition.
Lloyd Cutler, is a partner in Wilmer Cutler & Pickering of Washington. Lloyd was a member of the board of NHP, the majority of which was owned by Harvard Endowment and Capricorn. Mike Eisenson, then of Harvard's private equity group sat on the board with Pug Winokur, head of Capricorn and member of the board of Harvard Management. The Board was chaired by Roderick Heller, III, a former partner at Wilmer Cutler & Pickering. Lloyd joined the Clinton Administration to assist in the White House Counsel's office after the death of Vince Foster. Foster was alleged to be the person most knowledgeable at the White House on the Promis system, having been associated with its use in Arkansas and having, with Hillary Clinton, represented Jackson Stephens company Systematics which was later to merge into Altel. Promis is alleged to have been used by the Clinton Administration to identify assets in the Swiss banks attributable to Nazi seizures. After leaving the Administration, Cutler was retained to represent the Swiss and was able to help them lower the reserved amounts of reparations from $4.7 billion to $1.25 billion. Wilmer Cutler & Pickering continued to serve as lead counsel to NHP, as well as NHP's privately owned real estate interests, and its mortgage banking company, WMF, until Harvard and Capricorn sold NHP to AIMCO in 1997. Harvard and Capricorn later sold WMF to Provident Insurance Company in 2000.
Below is an excerpt from "The Buying of the President 2000" by Charles Lewis of The Center of Public Integrity:
If it was not the "greatest robbery in the history of mankind," it will go down as one of the most morally reprehensible. Switzerland---the Swiss National Banks and its private banks--took in more looted Nazi gold that anyone ever remotely imagined, at least an estimated 4 billion in today's money....In 1995, this story exploded around the world, and soon the United States--with the largest number of Holocaust survivors in the world, became a hotbed of reactivity for the jittery Swiss. The Swiss were concerned about being shut out of the US markets. They faced class-action lawsuits and were threatened with sanctions from hundreds of local US officials in New York, California, and Pennsylvania. And they were up against Senate and House Banking Committee Investigations.
By late 1996 the Swiss government was reeling from revelations, and the field of political action had become the US Congress. Republican Alfonse D'Amato of New York, then the Chairman of the Senate Banking Committee, had presented acutely embarrassing information about the Swiss in April and October (1996) and hundreds of journalists from all over the world pursued him and his aides in a feeding frenzy. The Swiss were already represented by at least one prominent law firm in Washington, Wilmer Cutler & Pickering, but clearly they needed more political muscle in the United States.
And to whom did the descendants of "Adolf Hitler's money launderers turn to for help? The Swiss government retained the lobbying firm of Haley Barbour, the chairman of the National Republican Committee, for $20,000 a month. ....Haley Barbour's firm was just one of many damage-control measures employed by the Swiss....all of which proved remarkably successful. Today, after three years of Strum und Drang for the Swiss government and banks, the heat is mostly off. The banks agreed to pay a lump-sum settlement of $1.25 billion, and the congressional investigations are history.
The following is Mr. Cutler’s bio from the Wilmer Cutler & Pickering website:
Lloyd N. Cutler, Senior Counsel
2445 M Street, N.W. Washington, DC 20037 Phone: 202-663-6100
Lloyd Cutler, one of the firm's founding partners, maintains an active practice in several fields, including international arbitration and dispute resolution, constitutional law, appellate advocacy, and public policy advice.
Mr. Cutler served as Counsel to President Clinton and Counsel to President Carter. He also served as Special Counsel to the President on Ratification of the Salt II Treaty (1970-1980);
President's Special Representative for Maritime Resource and Boundary Negotiations with Canada (1977-1979); and Senior Consultant, President's Commission on Strategic Forces (Scowcroft Commission, 1983-1984). He was a member and former Chairman of the Quadrennial Commission on Legislative, Executive and Judicial Salaries, and was a member of the President's Commission on Federal Ethics Law Reform (1989).
Mr. Cutler is a graduate of Yale University (B.A. 1936; LL.B. 1939) and was awarded a Yale honorary degree as Doctor of Laws in 1983. He also was awarded an honorary degree as Doctor of Laws from Princeton University in 1994; the Jefferson Medal in Law at the University of Virginia in 1995; the Fordham-Stein Prize, Fordham University School of Law, 1995; and the Marshall-Wythe medal of the Law School of William and Mary.
Mr. Cutler was a founder and Co-Chairman of the Lawyers Committee on Civil Rights Under Law. He has served as Chairman of the Board of the Salzburg Seminar; Co-Chairman of the Committee on the Constitutional System; a member of the Council of the American Law Institute; a trustee emeritus of The Brookings Institution and a member of its Executive Committee; and an Honorary Bencher of the Middle Temple.
He also has served as a director of a number of national business corporations. In and out of government, he has written frequently and appeared often on television as a commentator and advocate in connection with a wide range of public policy matters.
From AIMCO 10-K
Terry Considine. Mr. Considine has been Chairman of the Board of Directors and Chief Executive Officer of AIMCO and AIMCO Properties since July 1994. He is the sole owner of Considine Investment Co. and prior to July 1994 was owner of approximately 75% of Property Asset Management, L.L.C., Limited Liability Company, a Colorado limited liability company, and its related entities (collectively, "PAM"), one of the Company's predecessors. Mr. Considine serves as Chairman and director of Asset Investors Corporation ("Asset Investors") and Commercial Assets, Inc. ("Commercial Assets"), two other public real estate investment trusts. Mr. Considine has been and remains involved as a principal in a variety of real estate activities, including the acquisition, renovation, development and disposition of properties. Mr. Considine has also controlled entities engaged in other businesses such as television broadcasting, gasoline distribution and environmental laboratories. Mr. Considine received a B.A. from Harvard College, a J.D. from Harvard Law School and was formerly admitted as a member of the Massachusetts Bar (inactive).
Mr. Considine has had substantial multifamily real estate experience. From 1975 through July 1994, partnerships or other entities in which Mr. Considine had controlling interests invested in approximately 35 multifamily apartment properties and commercial real estate properties. Six of these real estate assets (four of which were multifamily apartment properties and two of which were office properties) did not generate sufficient cash flow to service
Their related indebtedness and were foreclosed upon by their lenders, causing pre-tax losses of approximately $11.9 million to investors and losses of approximately $2.7 million to Mr. Considine.
http://www.aflcio-hit.com/company/coyle.html ©2000 AFL-CIO
Housing Investment Trust. Legal Disclaimer
Stephen Coyle, Chief Executive Officer.
Mr. Coyle has served as Chief Executive Officer of the AFL-CIO Housing Investment Trust since 1992. During that period the Trust's assets have grown from approximately $500 million to over $2 billion. Additionally, project fundings have been in excess of $2.150 billion for housing development around the country.
Mr. Coyle is also President of the BIT Corporation and chairs the Policy Development Committee of the companion fund, the AFL-CIO Building Investment Trust. He has been active in housing production and finance, economic development, and urban planning for nearly 30 years.
Before coming to the AFL-CIO Investment Program, Mr. Coyle served for seven years as the Director of the Boston Redevelopment Authority. During his tenure, more than 2,700 units of low- and moderate-income housing were developed in partnership primarily with local community development corporations. Mr. Coyle is also credited with successfully managing approximately $5 billion in new development projects during Boston's commercial boom in the 1980s.
Mr. Coyle was Executive Vice President of John Carl Warnecke & Associates, a national architectural and planning firm based in San Francisco, from 1981 to 1984. He served the federal government in Washington, D.C., as Deputy Undersecretary of the U.S. Department of Health and Human Services and, earlier, as Executive Assistant to the Secretary of the Department of Housing and Urban Development. Prior to those positions, Mr. Coyle was the Executive Director of the Waltham and then the Dedham Housing Authorities. From 1970 to 1977, he was also a member of the Waltham City Council. Mr. Coyle earned a Bachelor's Degree from Brandeis University, a Master's Degree from the Kennedy School of Government at Harvard University, and the Degree of Juris Doctor from Stanford Law School.
Director of Development
Marcie Cohen is the director of development for the AFL-CIO Housing Investment Trust. In this capacity she assists the CEO in developing and implementing policy and program initiatives. For several years, Ms. Cohen headed up the marketing and production unit for the Trust in the San Francisco office. Her groundwork helped produce $100 million in the investment pipeline and the process developed valuable new relationships and markets for the Trust.
Before coming to the investment program, Ms. Cohen worked in the private and public sectors involving the acquisition of shopping centers, performing market research and financial analysis for developers, investors, and government agencies, and serving in a variety of positions at the local, regional, and headquarters levels of HUD. She has been active in the fields of housing production, economic development, and urban planning for more than 25 years. Her knowledge of urban issues led her to an appointment as a member of the United States Delegation to the Second United Nations Conference on Human Settlements (Habitat II).
In 1998, Ms. Cohen was selected as one of ten recipients of the prestigious Loeb Fellowship at the Harvard Graduate School of Design. As a Loeb Fellow, Ms. Cohen considered growth management issues and how to minimize urban sprawl. In addition, she investigated how capital sources, particularly pension funds, can make financial decisions that take into account long-term consequences of their funding decisions within communities. In the fall of 2000, Ms. Cohen will begin an appointment as Visiting Senior Associate at the Great Cities Institute at the University of Illinois at Chicago. In this capacity, Ms. Cohen will be involved with an initiative related to contested cities.
Ms. Cohen serves as a Commissioner of the Housing Authority of the District of Columbia, a National Board Member of Beyond Shelter (a homeless housing provider), and is a member of the A.I.A’s affordable housing task force, and the Healthy Building Network.
HARVARD & THE LOEBS
Notes from other postings:
Graduate School of Design Names Ten Loeb Fellows for 1998 The Loeb Fellowship at the Graduate School of Design has selected 10 individuals for fellowships to participate in one year of independent study using the curriculum and programs of the Design School as well as other resources at Harvard University.
Established and endowed in 1970 by John L. Loeb, 1924 graduate of Harvard College, Loeb Fellowships have been awarded to more than 300 individuals.
The 1998-99 Loeb Fellows are as follows:
Andrew Altman, director of city planning for Oakland, Calif. Altman manages current and long-range planning, including neighborhood improvement, zoning, major economic development projects, design review, waterfront planning, sustainable development and historic preservation. As a Loeb Fellow, he will study methods for creating interdisciplinary planning practices with an emphasis on strengthening the role of urban design and architecture in meeting the challenges of older, diverse urban communities.
Hillary Brown, assistant commissioner for the New York City Department of Design and Construction. Brown leads New York City's first initiative in constructing energy- and resource-efficient public facilities and demonstration projects. She serves as co-chair of New York's Green Buildings Task Force. During her Loeb Fellowship residency, Brown will explore ways in which local government, together with the design professions and construction industry, can accelerate the adoption of sustainable building practices.
Marcie Cohen, director of development for the AFL-CIO Housing Investment Trust. The Trust invests the pension funds of union members in the construction and rehabilitation of residential, commercial, and industrial real estate to earn competitive investment returns, create jobs for union members, and build strong communities around the country. Cohen will use her fellowship year to consider growth management issues, the control of urban sprawl, and the ways pension fund investments can influence good planning.
David Franczyk, seven-term city councilor in Buffalo, N.Y. Franczyk serves a culturally diverse district and has focused his legislative energies on historic preservation, housing reform in low-income communities, and waterfront development. During his year as a Loeb Fellow, Franczyk will explore ways to rescue the former New York Central Terminal, a vast 1929 Art Deco railroad terminal with great potential to assist in the economic development of a multi-ethnic, working class neighborhood. He will also examine constructive urban design and redevelopment strategies for the Cobblestone Historic District that will help strengthen the city's cultural, commercial, and social cohesiveness.
Kathryn Freemark, landscape ecologist with the Canadian Wildlife Service of Environment Canada. Freemark also consults on a watershed design and ecological risk assessment project in the Midwest United States. As a Loeb Fellow, she will explore the capacity of the planning and design process to influence policy, science, conservation and resource management on both local and international scales. She also plans study in the social sciences to better understand how to develop the complex, interdisciplinary efforts needed to address the current global bio-diversity crisis.
Gustavo Leclerc, partner and founding member of ADOBE LA, a firm of architects, artists, and designers. A trained architect, as well as an artist, Leclerc's work has centered on the exploration and documentation of the cultural and urban landscapes of Los Angeles and the San Diego-Tijuana border region. He has been particularly interested in the relationship among popular cultural practices, the vernacular landscape, and architecture/urbanism. Leclerc will use the Loeb Fellowship to create a "guide" for the American democratic city of the next millennium. Milan Ozdinec, director of the Office of Urban Revitalization of the U.S. Department of Housing and Urban development. Ozdinec has major responsibility for the nationwide implementation of the $3.6 billion HOPE VI program to transform distressed public housing. As a Loeb Fellow, he will study the history of urban America, specifically considering the current HOPE VI program and its place in that history. He will examine the role that federal legislation has played in the formation and continuation of social policy as it relates to poverty, race, and community development in U.S. cities.
Susan Schwartzenberg, photographer and visual artist whose work focuses on biography, memorial, and studies of urban life and history. Schwartzenberg is also the director of media at the Exploratorium museum of science, art, and human perception in San Francisco. At the museum she directs projects in photography, video, multimedia and experimental telecommunications. During her year as a Loeb Fellow, Schwartzenberg will focus on theories and design of the urban environment, specifically exploring narrative approaches to the design of landscape and streetscape.
Bill Traynor, founder and Principal of Neighborhood Partners, a national training and technical assistance firm which helps community-based organizations plan and implement neighborhood revitalization efforts. Traynor previously served as executive director of the Coalition for A Better Acre in Lowell, Mass., which implemented a $20 million renewal plan for its neighborhood. As a Loeb Fellow, he will explore technological innovations in the field of design and urban planning which he believes can play a powerful role in helping residents and other neighborhood stakeholders take a more significant role in designing the future of their communities.
Gail Vittori, co-director of the Center for Maximum Potential Building Systems, a nonprofit design firm dedicated to sustainable planning, design, and demonstration. Vittori has played a leading role in developing sustainable building programs for the state of Texas, as well as the nationally recognized Green Builder Program for the city of Austin. During her Loeb Fellowship residency, she will explore the environmental and economic implications of sustainability practices in public sector building projects, both past and present, with a particular focus on public schools. Nominations for Loeb Fellowships for the 1999-2000 academic year are welcomed from professionals in design and related fields.
For further information, interested nominators or candidates may contact Sally Young, coordinator of the Loeb Fellowship, at 495-9345 or at the Loeb Fellowship Program, Harvard University Graduate School of Design, Gund Hall 419, 48 Quincy St., Cambridge, MA 02138.
John L. Loeb, Sr.
John L. Loeb, Sr. died Sunday, December 8, 1996, at his home in Manhattan, New York. Mr. Loeb was 94 years old. Mr. Loeb was an a founder of Carl M. Loeb & Co. He served as Chairman of Loeb, Rhoades & Co. and served as a governor of the New York Stock Exchange. John Loeb was a member of the Harvard Board of Overseers and a trustee of the Museum of Modern Art and the Institute of Fine Arts. A well known philanthropist his beneficiaries included Harvard University and the Institute of Fine Arts, New York University.
Died: Friday, December 8, 1996; Manhattan; 94 years Education: Dartmouth College; Harvard Collage;
Career: Loeb, Rhoades and affiliated entities
Family: Wife: Francis Lehman;
Sons: John L. Loeb, Jr. and Arthur Lehman Loeb;
Daughters: Ann Loeb Bronfman, Judith Loeb, Deborah Loeb Brice; Brother: Henry A. Loeb;
Sister: Margaret Loeb Kempner. Grandchildren and great-grandchildren.
November 11, 1902, St. Louis
EDGAR BRONFMAN, SR.
Empire Trust, a company whose largest single holding of stock was comprised of Loeb-Lehman, Bache and Bronfman holdings, in which Edgar Bronfman became a director in 1963.
Edgar Bronfman, Sr. married the daughter of John L. Loeb (Loeb, Rhoades), who was himself married to a Lehman. A vice-president of Empire Trust in Dallas was Jack Crichton (also president of Nafco Oil & Gas, Inc.) who was connected with Army Reserve Intelligence.
http://www.a-ten.com/biographies/al_gore.htmlAl Gore was inaugurated as the 45th Vice President of the United States on January 20, 1993. President Clinton and Vice President Gore were re-elected to a second term in 1996, and Vice President Gore was sworn in again on January 20, 1997. Together, they have led this country into a period of sustained economic growth marked by 16.7 million new jobs, and the lowest combined rate of unemployment, inflation, and mortgage rates in 28 years.
THREE OF THE FOUR CURRENT TOP OFFICE OF OMB OFFICIALS ARE HARVARD GRADUATES.
OMB is in charge of ensuring proper budget and management throughout government, and ensuring that internal financial controls and federal credit policy and financial reporting is excellent and in the best interests of taxpayers.
With Harvard graduates responsible for both the management of the Harvard
Endowment and US taxpayers resources in government, it continue to raise the
question why the Endowment does so well at the same time that US agencies can not produce financial statements and reports of missing money continue.
T H E W H I T E H O U S E
OMB Director's Office
The Director of OMB is Jacob J. Lew
The Deputy Director of OMB is Sylvia Mathews
The Deputy Director for Management of OMB is Sally Katzen
The Executive Associate Director of OMB is Joshua Gotbaum
The budget and review functions in OMB report directly to the Director and the Deputy Director, while the management and regulatory responsibilities are normally
under the supervision of the Deputy Director for Management. The Executive Associate Director has responsibility for a range of cross-cutting issues on both budget and management issues.
Jacob J. Lew, Director, Office of Management and Budget
Jack Lew served as Deputy Director of OMB from August 1995, Acting Director of OMB from May 1998, and was confirmed as Director of OMB on July 31, 1998. As
OMB's Director he is responsible for coordinating Administration efforts on management, budget, and appropriations related matters, and he works closely with the White House on the development of Administration policy.
Prior to becoming Deputy Director of OMB, Mr. Lew held positions as OMB's Executive Associate Director and Associate Director for Legislative Affairs. As
Special Assistant to the President from February 1993 through October 1994, Mr. Lew was responsible for policy development and the drafting of the national service initiative and health care reform legislation.
Mr. Lew began his career in Washington in 1973 as a legislative aide, and became a principal domestic policy advisor to the late House Speaker Thomas P. "Tip" O'Neill,
Jr., in 1979. He spent nearly eight years at the House Democratic Steering and Policy Committee as Assistant Director and then Executive Director.
Mr. Lew has also served as an attorney in private practice for five years, Executive Director of the Center for Middle East Research, Issues Director for the Democratic
National Committee's Campaign 88, and Deputy Director of the Office of Program Analysis in the city of Boston's Office of Management and Budget.
Mr. Lew was born in New York, New York, on August 29, 1955. A member of the bar in the District of Columbia and the Commonwealth of Massachusetts, he graduated
from Harvard College in 1978 and earned his law degree from Georgetown University Law School in 1983. He is married and has two children.
Sylvia M. Mathews, Deputy Director, Office of Management And Budget
Sylvia M. Mathews was confirmed as Deputy Director of OMB by the Senate on October 21, 1998. As Deputy Director, she works with the Director and the White House on development of Administration policy, and is responsible for coordinating Administration efforts on budget and appropriations matters, as well as other legislative and management issues.
Prior to OMB, Ms. Mathews was appointed Assistant to the President and Deputy Chief of Staff to the President in January 1997. She supervised the work of several
White House offices, including the National Economic Council, the Domestic Policy Council, Public Liaison, Staff Secretary, Intergovernmental Affairs, Council on Environmental Quality, Press, Cabinet Secretary, and Communications. In addition to overseeing these offices, Ms. Mathews helped review staff recommendations and managed the flow of information from them to the President of the United States. Ms. Mathews had responsibility for several special projects ranging from Presidential State of the Union Addresses (1997 and 1998) to the President's historic trip to
Before her appointment as Deputy Chief of Staff, Ms. Mathews served as Chief of Staff to Secretary of the Treasury, Robert E. Rubin, from 1995-1997. In this position, she advised the Secretary on foreign and domestic policy, management and communications issues, and she helped implement the Secretary's priorities throughout the Department. She also shared day-to-day responsibilities with the Deputy Secretary and served as the Secretary's liaison to the White House and
other government agencies.
Ms. Mathews first joined the Clinton Administration in December 1992 as the manager of the President-elect's Economic Transition Team. In January 1993, she became Staff Director for the National Economic Council and Special Assistant to Robert E. Rubin, then Assistant to the President for Economic Policy. Her responsibilities included advising Mr. Rubin on economic and long-term planning issues, working closely with senior White House and Administration officials, and overseeing the day-to-day work of the NEC staff.
Before joining the Federal government, Ms. Mathews worked in the private sector for McKinsey and Company management consulting firm. From November 1990 to July 1992 she was an associate with McKinsey in New York, where she performed analytical research, primarily in the areas of finance and telecommunications.
Ms. Mathews was the Deputy Director of Economic Policy for the 1992 Clinton/Gore
campaign. As a researcher on the 1988 Dukakis/Bentsen presidential campaign,
she fact checked debate preparation materials. She was a Governor's aide for Massachusetts Governor Michael Dukakis, and served as a Lyndon B. Johnson Intern for Congressman Nick Rahall.
Ms. Mathews graduated cum laude from Harvard University with an A.B. in Government in June 1987. She was a recipient of the Harvard College Aggassiz Scholarship and Institute of Balkan Studies Harvard Fellowship, and was a Harvard Club of New York Scholar. As a Rhodes Scholar, she received an honors degree (B.A.) in philosophy, politics, and economics in June 1990 from Oxford University in Oxford, England. Ms. Mathews is from Hinton, West Virginia.
SALLY KATZEN, Deputy Director for Management.
Sally Katzen currently serves as the Deputy Director for Management at the Office of
Management and Budget. Previously, she has served in the Clinton Administration as the Deputy Assistant to the President for Economic Policy and Deputy Director of the
National Economic Council (1998-1999), and as the Administrator of the Office of Information and Regulatory Affairs in OMB (1993-1998). She served in the Carter Administration as General Counsel (1979-1980) and then as Deputy Director for Program Policy (1980-1981) of the Council on Wage and Price Stability in the
Executive Office of the President.
Prior to joining the Clinton Administration, Ms. Katzen was a partner in the Washington, DC, law firm of Wilmer, Cutler & Pickering, specializing in regulatory and
legislative matters. She has worked extensively in the field of administrative law, both in her law practice and in professional activities. In 1988, she was elected Chair of the Section on Administrative Law and Regulatory Practice of the American Bar Association; she has held various other offices in the ABA, including serving two terms as a DC Delegate to the House of Delegates. She served as a Public Member and
Vice-Chairman of the Administrative Conference of the United States, and she has taught Administrative Law as an Adjunct professor at Georgetown Law Center. In
1990, she was elected president of the Federal Communications Bar Association. She also served as president of the Women's Legal Defense Fund (1976-1977).
Ms. Katzen was born and raised in Pittsburgh, Pennsylvania, and graduated magna cum laude from Smith College and the University of Michigan Law School, where she was the Editor-in-Chief of the Michigan Law Review. Following graduation from law school, she clerked for Judge J. Skelly Wright of the U.S. Court of Appeals for the District of Columbia Circuit.
Ms. Katzen is married to Judge Timothy B. Dyk and they have one child, who is 18 years old and will be starting college at the University of Pennsylvania his fall.
JOSEHUA GOTBAUM, Executive Assocaite Director & Controller Office of Management and Budget.
Joshua Gotbaum joined OMB as Executive Associate Director in 1997. He is part of OMB's senior management team, with the Director, the Deputy Director, and the
Deputy Director for Management. In 1999, he was also confirmed by the Senate as Controller.
At OMB, Mr. Gotbaum has assumed responsibility for a range of cross-cutting issues on both budget and management issues. This has included regulatory matters;
assistance to the government of Colombia and post-hurricane assistance to Central America; tobacco policies; privatization, programs to counter the threat of domestic terrorism, and health and veterans programs. As Controller, he directs the Office of Federal Financial Management and is responsible for policy and programs affecting the Government's financial management and systems, including its annual financial reporting and audits. He has also been responsible for recruitment of senior OMB
officials and participates in general agency management decisions.
Mr. Gotbaum has broad experience both in business and government. Immediately prior to joining OMB, Mr. Gotbaum served as Assistant Secretary of the Treasury for
Economic Policy. He advised Secretary Rubin on economic effects of tax and budget proposals and a range of other issues, including Social Security, economic development, financial institutions and government regulation. Before that, Mr. Gotbaum was the Assistant Secretary for Economic Security at the Department of
Defense. In that position, he was both a liaison to business and DoD's primary adviser on matters pertaining to the defense industry. He also coordinated DoD's 1995 base
closures and was responsible for streamlining economic development and reuse at closing bases.
Until 1994, Mr. Gotbaum was general partner with the New York investment bank, Lazard Frères & Co. Over 13 years, he gave financial advice and assistance to corporations, trade unions and governments in North America and Europe on corporate finance, mergers/acquisitions, bankruptcies and restructurings. Among the transactions on which he worked were the leveraged acquisition of Avis Europe, employee buyouts of Weirton Steel and United Airlines, and acquisitions and/or restructuring in steel, transportation, chemicals, electronics and entertainment
industries. He became a general partner in 1990, and was based in London as a managing director of Lazard Frères & Co., Ltd. from 1989-1992.
During the Carter Administration, Mr. Gotbaum was Associate Director for Economics of the White House Domestic Policy Staff; Executive Assistant to Alfred Kahn, President Carter's advisor on inflation; on the staff of the White House Office of Energy, Policy & Planning, and of the Department of Energy. Before joining Lazard Frères in 1981, he served as legislative assistant to U.S. Senator Gary Hart for economic and budget matters.
Mr. Gotbaum holds graduate degrees from the Kennedy School of Government and Harvard Law School, and an A.B. from Stanford.
Josh was raised in Evanston, Illinois, and Westchester County, NY, and now lives in
Washington, D.C. He is married to Joyce Thornhill, a former banker and full-time homemaker. They have three children, Emma, Adam and Jordan. In what used to be his spare time, he was a singer.
Mortgage Bankers Association Names Glaser General Counsel
Washington, DC The Mortgage Bankers Association of America (MBA) named Howard B. Glaser as Senior Staff Vice President/General Counsel and a member of MBA's Executive Management Group.
Glaser most recently has served as Counselor to the Secretary for the US Department of Housing and Urban Development.
Glaser joined HUD in 1994 as Deputy Assistant Secretary. he then served as Deputy General Counsel, acting as the Secretary's chief legal advisor on regulations, legislation, and programs.
As Counselor to the Secretary, Glaser coordinated the department's strategy to develop support for HUD's legislative and budget agendas. Glaser played a key role in negotiating a multi-billion dollar increase in GSE affordable housing goals, in the successful effort to raise FHA loan limits, and in the President's recent announcement that FHA's $5 billion surplus would be reinvested in housing finance programs.
Before coming to Washington, Glaser served for five years in the Office of the Governor of New York where he oversaw coordination of press, policy, and regional staff responsibility for the governor's public activities. Previously, he served as Special Assistant to the Commissioner of the NYS Department of Taxation and Finance.
In 1996, Glaser's work in helping to streamline HUD programs was recognized by the John F. Kennedy School of Government at Harvard where he was awarded the Innovations in Government Award. He is a graduate of the State University of New York and Harvard Law School.