John Robert Wooden was an American basketball player and head coach at the University of California, Los Angeles. Nicknamed the "Wizard of Westwood," he won ten NCAA national championships in a 12-year period as head coach at UCLA, including a record seven in a row. No other team has won more than four in a row in women's basketball. Within this period, his teams won an NCAA men's basketball record 88 consecutive games. Wooden won the prestigious Henry Iba Award as national coach of the year a record seven times and won the AP award five times, he won a Helms national championship at Purdue as a player 1931–1932 for a total of 10 NCAA Titles and 1 Helms Championships As a 5'10" guard, Wooden was the first player to be named basketball All-American three times, the 1932 Purdue team on which he played as a senior was retroactively recognized as the pre-NCAA Tournament national champion by the Helms Athletic Foundation and the Premo-Porretta Power Poll. Wooden was inducted into the Basketball Hall of Fame as a player and as a coach, the first person enshrined in both categories.
Lenny Wilkens, Bill Sharman and Tommy Heinsohn are the only other basketball players who have since achieved the same honors. One of the most revered coaches in the history of sports, Wooden was beloved by his former players, among them Lew Alcindor and Bill Walton. Wooden was renowned for his short, simple inspirational messages to his players, including his "Pyramid of Success." These were directed at how to be a success in life as well as in basketball. Wooden's 29-year coaching career and overwhelmingly positive critical acclaim have created a legacy of great interest in not only sports, but in business, personal success, organizational leadership as well. Wooden was born in 1910 in Hall, Indiana, to Roxie and Joshua Wooden, moved with his family to a small farm in Centerton in 1918, he had three brothers: Maurice and William, two sisters, one who died in infancy, another, Harriet Cordelia, who died from diphtheria at the age of two. When he was a boy, Wooden's role model was Fuzzy Vandivier of the Franklin Wonder Five, a legendary team that dominated Indiana high school basketball from 1919 to 1922.
After his family moved to the town of Martinsville when he was 14, Wooden led his high school team to a state tournament title in 1927. He was a three-time All-State selection. After graduating from high school in 1928, he attended Purdue University and was coached by Ward "Piggy" Lambert; the 1932 Purdue team on which he played as a senior was retroactively recognized as the pre-NCAA Tournament national champion by the Helms Athletic Foundation and the Premo-Poretta Power Poll. John Wooden was named All-Big Ten and All-Midwestern while at Purdue, he was the first player to be named a three-time consensus All-American, he was selected for membership in the Beta Theta Pi fraternity. Wooden is an honorary member of the International Co-Ed Fraternity Alpha Phi Omega. Wooden was nicknamed "The Indiana Rubber Man" for his suicidal dives on the hardcourt, he graduated from Purdue in 1932 with a degree in English. After college, Wooden spent several years playing professional basketball with the Indianapolis Kautskys, Whiting Ciesar All-Americans, Hammond Ciesar All-Americans while he taught and coached in the high school ranks.
During one 46-game stretch, he made 134 consecutive free throws. He was named to the NBL's First Team for the 1937–38 season. During World War II in 1942, he joined the United States Navy, he left the service as a lieutenant. Wooden coached two years at Dayton High School in Kentucky, his first year at Dayton, the 1932–33 season, marked the only time he had a losing record as a coach. After Dayton, he returned to Indiana, where he taught English and coached basketball at South Bend Central High School until entering the Armed Forces. Wooden spent two years at nine years at Central, his high school coaching record over 11 years was 218–42. After World War II, Wooden coached at Indiana State Teachers College renamed Indiana State University, in Terre Haute, from 1946 to 1948, succeeding his high school coach, Glenn M. Curtis. In addition to his duties as basketball coach, Wooden coached baseball and served as athletic director, all while teaching and completing his master's degree in education. In 1947, Wooden's basketball team won the Indiana Intercollegiate Conference title and received an invitation to the National Association of Intercollegiate Basketball National Tournament in Kansas City.
Wooden refused the invitation. One of Wooden's players, Clarence Walker, was a black man from Indiana; that same year, Wooden's alma mater Purdue University asked him to return to campus and serve as an assistant to then-head coach Mel Taube until Taube's contract expired, when Wooden would take over the program. Citing his loyalty to Taube, Wooden declined the offer, because this would have made Taube a lame-duck coach. In 1948, Wooden again led Indiana State to the conference title; the NAIB had reversed its policy banning African-American players that year, Wooden coached his team to the NAIB National Tournament final, losing to Louisville. This was the only championship game a Wooden-coached team lost; that year, Walker became the first African-American to play in any post-season intercollegiate basketball tournament. In the 1948–1949 season, Wooden was hired as the fourth basketball coach in UCLA history, he succeeded Fred Cozens, Caddy Works, Wilbur Johns.
UCLA Henry Samueli School of Engineering and Applied Science
The UCLA Henry Samueli School of Engineering and Applied Science, informally known as UCLA Engineering, is the school of engineering at the University of California, Los Angeles. It opened as the College of Engineering in 1945, was renamed the School of Engineering in 1969. Since its initial enrollment of 379 students, the school has grown to 6,100 students; the school is ranked 16th among all engineering schools in the United States. The school offers 28 degree programs and is home to eight externally funded interdisciplinary research centers, including those in space exploration, wireless sensor systems, nanotechnology; the school was renamed for its alumnus and professor Henry Samueli, who received his B. S. M. S. and Ph. D in Electrical Engineering there. Samueli is co-founder and chief technology officer of Broadcom Corporation and a philanthropist in the Orange County community, he and his wife Susan donated $30 million to the school in 1999. It was at UCLA that Dr. Henry Nicholas and Dr. Henry Samueli met and formed Broadcom.
The main building is Boelter Hall, named after Llewellyn M. K. Boelter, a Mechanical Engineering professor at UC Berkeley who became the first Dean of the school, he "often took an active role in the lives of the school's students, his approach to engineering impacted many of their careers," according to the school. He was succeeded by Chauncey Starr, a pioneer in nuclear power development. HSSEAS is housed in two other buildings: Engineering IV, Engineering V, which houses the Department of Bioengineering and the Department of Materials Science and Engineering. Engineering I was demolished in August 2011, to be replaced by Engineering VI, which will house the Western Institute of Nanotechnology on Green Engineering and Metrology in 2014; the ground breaking ceremony for Engineering VI building was held October 26, 2012 with Congressman Henry A. Waxman and Henry Samueli. On March 19, 2015, Engineering VI phase I was dedicated and phase II broke ground with the help of James L. Easton, class of'59 alumnus.
The school is credited as the birthplace of the Internet, where the first message was sent to a computer at Stanford University on October 29, 1969 by Professor Leonard Kleinrock and his research team at UCLA. On September 29, 2008, President George W. Bush presented the 2007 National Medal of Science to Kleinrock for "his fundamental contributions to the mathematical theory of modern data networks, for the functional specification of packet switching, the foundation of Internet technology, his mentoring of generations of students has led to the commercialization of technologies that have transformed the world." Room 3420 at Boelter Hall, where the first message was sent, has been converted into The Kleinrock Internet Heritage Site and Archive. UCLA conferred its first Bachelor of Science degree in Engineering in 1947, its first Master of Science degree in 1948, its first Doctor of Philosophy degree in 1950. Annual Engineering commencement ceremonies are held in June at Pauley Pavilion. HSSEAS has seven departments and one interdepartmental program, which are accredited by the Accreditation Board for Engineering and Technology.
The school offers the following degrees: Online M. S. Degree Graduate Certificate of Specialization For Fall 2015, UCLA Engineering received 21,328 freshman applications and admitted 2,915 for an admission rate of 13.7%. Admitted students had a median weighted grade point average of 4.5 and a median SAT score of 2190. The breakdown of SAT scores by subject is as follows: Median SAT Mathematics II score: 790For Fall 2018, UCLA Engineering received 26,195 freshman applications and admitted 2,987 for an admission rate of 11.4%. Admitted students had a median unweighted grade point average of 4.00, a median weighted GPA of 4.59, a median SAT score of 1540. Graduate Enrollment: 2,237 M. S. Students: 1,204 Ph. D. Students: 1,033Total HSSEAS Enrollment: 6,161 Winners of the UCLA Engineering Alumni of the Year award Other notable alumniAllen Adham ’90: co-founder of Blizzard Entertainment Michael Morhaime ’90: co-founder of Blizzard Entertainment Frank Pearce ’90: co-founder of Blizzard Entertainment James Collins ’50: founder of Sizzler Chris “Jesus” Ferguson ’86, Ph.
D. ’99: professional poker player Klein Gilhousen ’69: co-inventor of CDMA technology and co-founder of Qualcomm Blake Krikorian ’90: founder of Sling Media K. Megan McArthur, ’93: NASA astronaut James D. Plummer ’66, M. S. ’67, Ph. D. ’71: Dean of Stanford University School of Engineering Llewellyn M. K. Boelter, 1944-1965 Chauncey Starr, 1967-1973 Russell R. O'Neill, 1974-1983 George L. Turin, 1983-1986 A. R. Frank Wazzan, 1986-2001 Vijay K. Dhir, 2003 - 2015 Jayathi Murthy 2016 - present Faculty members: 164National Academy of Engineering members: 28Faculty distinctions: History of the Internet University of California, Los Angeles UCLA Henry Samueli School of Engineering and Applied Science KIHC – The Kleinrock Internet History Center at UCLA Enrollment and Degree Statistics Samueli's biography at the UCLA Department of Electrical Engineering The Samueli Foundation The first Internet connection, with UCLA's Leonard Kleinrock on YouTube
Gerald Loeb Award
The Gerald Loeb Award referred to as the Gerald Loeb Award for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism in the fields of business and the economy. The award was established in 1957 by Gerald Loeb, a founding partner of E. F. Hutton & Co. Loeb's intention in creating the award was to encourage reporters to inform and protect private investors as well as the general public in the areas of business and the economy. Loeb first became known for his book The Battle for Investment Survival, popular during the Great Depression and is still considered a classic. Born in 1899, Loeb began his investing career in 1921 in the bond department of a brokerage firm in San Francisco, California, he moved to New York in 1921 after joining with E. F. Hutton & Co. and became vice-chairman of the board when the company incorporated in 1962. The Wall Street Crash of 1929 affected Loeb's investing style, in his 1971 book The Battle for Stock Market Profits, he viewed the market as a battlefield.
Loeb offered a contrarian investing viewpoint, in books and columns in Barron's, The Wall Street Journal, Investor Magazine. Forbes magazine called Loeb "the most quoted man on Wall Street." He created the Gerald Loeb Award in order to foster further quality reporting for individual investors. The award has been administered by the UCLA Anderson School of Management since 1973, is sponsored by the G. and R. Loeb Foundation, it is regarded as: "business journalism's highest honor," and its "most prestigious." Beginning with just two winners in 1958 and expanding to three in the final years before the Anderson School began to administer the award, today there are ten categories in which prizes are awarded: large newspaper, medium newspaper, small newspaper, commentary, deadline or beat writing, wire services, television. Those honored receive a cash prize of US$2,000, are presented with the award at a ceremony in July of the year following their piece's publication; the preliminary judging committee includes business and economic journalists, as well as faculty members from the UCLA Anderson School of Management.
Once the finalists are selected, a final panel of judges consisting of representatives from major print and broadcast outlets selects a winner from each category. The final panel of judges is chaired by the dean of the UCLA Anderson School of Management. Entries are judged according to their originality, news value, writing quality and balance, production value. Award categories varied over the years. List of Audio and Video/Audio winners List of Breaking News winners List of Broadcast and Broadcast Enterprise winners List of Books, Business Books, Special Book Award winners List of Columns and Editorials winners List of Deadline and/or Beat Writing, Deadline or Beat Writing, Deadline Writing, Beat Writing, Beat Reporting winners List of Explanatory winners List of Feature winners List of Gerald Loeb Memorial Award winners List of Images, Graphics and Visuals winners List of International winners List of Investigative winners List of Large Newspapers winners List of Lifetime Award winners List of Local winners List of Magazines winners List of Minard Editor Award winners List of Newspaper winners List of News Service and Blogging winners List of Personal Finance winners List of Radio winners List of Small and Medium Newspapers winners List of Special Award winners List of Spot News winners List of Television winners Business journalism Conscience-in-Media Award George Polk Awards Investigative journalism Worth Bingham Prize Boik, John.
Lessons from the Greatest Stock Traders of All Time. McGraw-Hill Professional. Pp. 47–67, "Chapter 3: Gerald M. Loeb". ISBN 0-07-143788-6. Loeb, Gerald M.. Loeb's Checklist for Buying Stocks. Simon & Schuster. ISBN 0-671-42705-9. Martin, Ralph G.. The Wizard of Wall Street: The Story of Gerald M. Loeb. W. Morrow. P. 192 pages. About the Gerald Loeb Awards, UCLA Anderson, School of Management. New Loeb Awards Final Judges Announced by UCLA Anderson School of Management, Business Wire, May 7, 2007 2009 Winners
Edwin W. Pauley Pavilion known as Pauley Pavilion, is an indoor arena located in the Westwood Village district of Los Angeles, California, on the campus of UCLA, it is home to women's basketball teams. The men's and women's volleyball and women's gymnastics teams compete here; the building, designed by architect Welton Becket, was dedicated in June 1965, named for University of California Regent Edwin W. Pauley, who had matched the alumni contributions. Pauley donated one fifth of the more than $5 million spent in constructing the arena; the arena was renovated in 2010-12 and was reopened on November 9, 2012 when it hosted a men's basketball game against Indiana State. Pauley Pavilion contains 11,307 permanent theater-style upholstered seats, plus retractable seats for 2,492 spectators, making a total basketball capacity of 13,800; the capacity prior to the renovation had been exceeded several times for several men's basketball games by adding portable seating alongside the retractable seats.
The Bruins reopened the newly renovated Pauley Pavilion on November 9, 2012 in front of a record crowd of 13,513. A new record was set when 13,727 fans watched the Bruins defeat the Arizona Wildcats 74–69 on March 2, 2013; when the floor seats are retracted, there is space for three full-sized basketball courts. These courts are used for team practice, intramural games, pickup basketball games, it can serve as a convention hall or large dining area when in this configuration. When used for men's volleyball, the basketball court is striped with colored tape; the volleyball net is erected at the half court line. The women's team uses blue and yellow Sport Court lined up perpendicularly to the basketball court tucked up to the east end of the court. There is a tunnel on the south side; this is the "backstage" entrance for players and broadcast personnel. The floor is called "Nell and John Wooden Court" in honor of former UCLA Men's Basketball Coach John Wooden and his wife Nell. From the opening of the building until 1987, the extra press not involved in the radio or television broadcasts sat behind the south side press table.
The working press moved to sit courtside at "press row" on the northern side of the court, as the south courtside seats were opened up to influential and affluent boosters. In 2003, the UCLA Athletic Department made available north side courtside seats to affluent donors; the media now sit higher up in permanent seating dead-center in the north side of the bleachers. The press move to the north side in 1987 was as controversial as the 2003 move, in that the student section was now behind the press table and big donors had taken the south side courtside seats; the student section has moved several times as well. Since 2003, the student section of 1,750 seats occupies the north side bleachers; the UCLA Varsity Band has moved to accommodate seating changes. They were located on the north courtside directly across from the UCLA bench. In 1984, they moved to the northeast corner courtside. In 1990 they moved to the north courtside directly across from the visitors bench. In 1996 they moved to the north side above the student section.
In 2003, they moved to the west side of the arena to be courtside. Before the construction of the Pavilion, the on-campus home to the UCLA Bruins men's basketball team was the 2,400-seat Men's Gym known as the Student Activities Center, but disparagingly known as the "B. O. barn." After John Wooden led the Bruins to the national championship in 1964, fans and Wooden felt that a more suitable arena needed to be constructed. However, it had been obvious before that the Bruins needed a new arena. Games that were expected to attract larger crowds were played at Pan Pacific Auditorium, the Los Angeles Memorial Sports Arena and other venues around Los Angeles. Pauley Pavilion was constructed so that there would be some space between the crowds and the action on the court. Wooden cited the example of the close quarters of Cal's Harmon Gym where fans would "pull leg hairs from his players' legs". Kareem Abdul-Jabbar known as Lew Alcindor, was recruited to UCLA on the promise of playing in the new arena.
H. R. Haldeman headed the campaign to build a state-of-the-art sports arena. A million dollars was raised, matched by a donation from Edwin W. Pauley, a member of the Board of Regents of the University of California; the building was dedicated to Regent Edwin W. Pauley, at the June 1965 commencement ceremony by UCLA Chancellor Franklin D. Murphy; the facility opened for the 1965–1966 college basketball season. The first game played in Pauley Pavilion was on November 27, 1965, it featured the freshmen team, led by Lew Alcindor, against the UCLA varsity squad, the two-time defending champions and pre-season No. 1 team. The freshmen, led by Alcindor's 31 points and 21 rebounds, defeated the varsity team 75-60, a surprise considering the varsity squad had been chosen to finish number one in the nation in the preseason. Ohio State was the first visiting team in the regular season; the varsity Bruins defeated the Buckeyes in the inaugural game 92-66. Pauley Pavilion hosted its first NCAA Regional Finals in the 1969 post-season.
The Bruins advanced from there to win the 1969 Championship. John Wooden coached what would be his final game as varsity head coach in Pauley Pavilion March 1, 1975 in a 93-59 victory over Stanford. Four weeks he would announce his retirement following the NCA
Economics is the social science that studies the production and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, the outcomes of interactions. Individual agents may include, for example, firms and sellers. Macroeconomics analyzes the entire economy and issues affecting it, including unemployment of resources, economic growth, the public policies that address these issues. See glossary of economics. Other broad distinctions within economics include those between positive economics, describing "what is", normative economics, advocating "what ought to be". Economic analysis can be applied throughout society, in business, health care, government. Economic analysis is sometimes applied to such diverse subjects as crime, the family, politics, social institutions, war and the environment; the discipline was renamed in the late 19th century due to Alfred Marshall, from "political economy" to "economics" as a shorter term for "economic science".
At that time, it became more open to rigorous thinking and made increased use of mathematics, which helped support efforts to have it accepted as a science and as a separate discipline outside of political science and other social sciences. There are a variety of modern definitions of economics. Scottish philosopher Adam Smith defined what was called political economy as "an inquiry into the nature and causes of the wealth of nations", in particular as: a branch of the science of a statesman or legislator a plentiful revenue or subsistence for the people... to supply the state or commonwealth with a revenue for the publick services. Jean-Baptiste Say, distinguishing the subject from its public-policy uses, defines it as the science of production and consumption of wealth. On the satirical side, Thomas Carlyle coined "the dismal science" as an epithet for classical economics, in this context linked to the pessimistic analysis of Malthus. John Stuart Mill defines the subject in a social context as: The science which traces the laws of such of the phenomena of society as arise from the combined operations of mankind for the production of wealth, in so far as those phenomena are not modified by the pursuit of any other object.
Alfred Marshall provides a still cited definition in his textbook Principles of Economics that extends analysis beyond wealth and from the societal to the microeconomic level: Economics is a study of man in the ordinary business of life. It enquires how he uses it. Thus, it is on the one side, the study of wealth and on the other and more important side, a part of the study of man. Lionel Robbins developed implications of what has been termed "erhaps the most accepted current definition of the subject": Economics is a science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. Robbins describes the definition as not classificatory in "pick out certain kinds of behaviour" but rather analytical in "focus attention on a particular aspect of behaviour, the form imposed by the influence of scarcity." He affirmed that previous economists have centred their studies on the analysis of wealth: how wealth is created and consumed. But he said that economics can be used to study other things, such as war, that are outside its usual focus.
This is because war has as the goal winning it, generates both cost and benefits. If the war is not winnable or if the expected costs outweigh the benefits, the deciding actors may never go to war but rather explore other alternatives. We cannot define economics as the science that studies wealth, crime and any other field economic analysis can be applied to; some subsequent comments criticized the definition as overly broad in failing to limit its subject matter to analysis of markets. From the 1960s, such comments abated as the economic theory of maximizing behaviour and rational-choice modelling expanded the domain of the subject to areas treated in other fields. There are other criticisms as well, such as in scarcity not accounting for the macroeconomics of high unemployment. Gary Becker, a contributor to the expansion of economics into new areas, describes the approach he favours as "combin assumptions of maximizing behaviour, stable preferences, market equilibrium, used relentlessly and unflinchingly."
One commentary characterizes the remark as making economics an approach rather than a subject matter but with great specificity as to the "choice process and the type of social interaction that analysis involves." The same source reviews a range of definitions included in principles of economics textbooks and concludes that the lack of agreement need not affect the subject-matter that the texts treat. A
Laurence D. Fink
Laurence Douglas Fink is an American financial executive. He is the chairman and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than $6 trillion in assets under management. In April 2018, Fink's net worth was $1 billion. Fink grew up in a Jewish family in Van Nuys, where his mother was an English professor and his father owned a shoe store, he earned a BA in Political Science from UCLA in 1974. Fink is a member of Kappa Beta Phi, he received an MBA in Real Estate at the UCLA Anderson Graduate School of Management in 1976. Fink started his career in 1976 at a large New York-based investment bank. Taking charge of First Boston's bond department, Fink was instrumental in the creation and development of the mortgage-backed security market in the United States. At First Boston, Fink was a member of the Management Committee, a Managing Director, co-head of the Taxable Fixed Income Division. Fink added as much as $1 billion to First Boston's bottom line.
He was successful at the bank until 1986, when his department lost $100 million due to his incorrect prediction about where interest rates were headed. The experience influenced his decision to start a company that would invest clients' money while incorporating comprehensive risk management. In 1988, under the corporate umbrella of The Blackstone Group, Fink co-founded BlackRock and became its Director and CEO; when BlackRock split from Blackstone in 1994, Fink retained his positions, which he continued to hold after BlackRock became more independent in 1998. His other positions at the company have included Chairman of the Board, Chairman of the Executive and Leadership Committees, Chair of Corporate Council, Co-Chair of the Global Client committee. BlackRock went public in 1999. In 2003, Fink helped to negotiate the resignation of the CEO of the New York Stock Exchange, Richard Grasso, criticized for his $190 million pay package. In 2006 Fink led the merger with Merrill Lynch Investment Managers, which doubled BlackRock's asset management portfolio.
That same year, BlackRock's $5.4 billion purchase of Stuyvesant Town–Peter Cooper Village, a Manhattan housing complex, became the largest residential-real-estate deal in U. S. history. When the project ended in default, BlackRock clients lost their money, including the California Pension and Retirement System, which lost about $500 million; the U. S. government contracted with BlackRock to help clean up after the financial meltdown of 2008. Although BlackRock is believed to have been the best choice for the cleanup job, Fink's longstanding relationships with senior government officials have led to questions about potential conflict of interest regarding government contracts awarded without competitive bidding. In December 2009, BlackRock purchased Barclays Global Investors, at which point the company became the largest money-management firm in the world. Despite his great influence, Fink is not known publicly, apart from his regular appearances on CNBC. BlackRock paid Fink $23.6 million in 2010.
By 2016, BlackRock had $5 trillion under management, with 12,000 employees in 27 countries. In 2016, Fink received the ABANA Achievement Award in New York City; the ABANA Achievement Award recognizes an individual who exemplifies outstanding leadership in banking and finance and has a commitment to positive professional cooperation between the US and the Middle East and North Africa. In 2018, Fink was ranked #28 on the Forbes list of The World's Most Powerful People. Fink serves on the board of trustees of New York University, where he holds various chairmanships including chair of the Financial Affairs Committee, he co-chairs the NYU Langone Medical Center board of trustees and is a trustee of the Boys and Girl's Club of New York. Fink is on the board of the Robin Hood Foundation. Fink founded the Lori and Laurence Fink Center for Finance & Investments at UCLA Anderson in 2009, serves as chairman of the board. In December 2016, Fink joined a business forum assembled by president-elect Donald Trump to provide strategic and policy advice on economic issues.
In his 2018 annual open letter to CEOs he called for corporations to play an active role in improving the environment, working to better their communities, increasing the diversity of their workforces. This has been taken as evidence of a move by Blackrock, one of the largest public investors, to proactively enforce these targets. In his 2019 open letter Fink said that companies and their CEOs must step into a leadership vacuum to tackle social and political issues when governments fail to address these issues. After the disappearance of Jamal Khashoggi, Fink in October 2018 cancelled plans to attend an investment conference in Saudi Arabia. Fink has been married to his wife, since the mid-1970s; the couple owns homes in Manhattan, North Salem, Vail, Colorado. The couple has three children. Joshua, their eldest son, was CEO of Enso Capital, a now defunct hedge fund in which Fink had a stake. Fink is a lifelong supporter of the Democratic Party. Lori and Laurence Fink Center for Finance & Investments
University of California, Los Angeles
The University of California, Los Angeles is a public research university in Los Angeles. It became the Southern Branch of the University of California in 1919, making it the third-oldest undergraduate campus of the 10-campus University of California system, it offers 337 graduate degree programs in a wide range of disciplines. UCLA enrolls about 31,000 undergraduate and 13,000 graduate students and had 119,000 applicants for Fall 2016, including transfer applicants, making the school the most applied-to of any American university; the university is organized into six undergraduate colleges, seven professional schools, four professional health science schools. The undergraduate colleges are the College of Science; as of 2017, 24 Nobel laureates, three Fields Medalists, five Turing Award winners, two Chief Scientists of the U. S. Air Force have been affiliated with UCLA as researchers, or alumni. Among the current faculty members, 55 have been elected to the National Academy of Sciences, 28 to the National Academy of Engineering, 39 to the Institute of Medicine, 124 to the American Academy of Arts and Sciences.
The university was elected to the Association of American Universities in 1974. UCLA is considered one of the country's Public Ivies, meaning that it is a public university thought to provide a quality of education comparable with that of the Ivy League. In 2018, US News & World Report named UCLA the best public university in the United States. UCLA student-athletes compete as the Bruins in the Pac-12 Conference; the Bruins have won 126 national championships, including 116 NCAA team championships, more than any other university except Stanford, who has won 117. UCLA student-athletes and staff won 251 Olympic medals: 126 gold, 65 silver, 60 bronze. UCLA student-athletes competed in every Olympics since 1920 with one exception and won a gold medal in every Olympics the U. S. participated in since 1932. In March 1881, the California State Legislature authorized the creation of a southern branch of the California State Normal School in downtown Los Angeles to train teachers for the growing population of Southern California.
The Los Angeles branch of the California State Normal School opened on August 29, 1882, on what is now the site of the Central Library of the Los Angeles Public Library system. The facility included an elementary school where teachers-in-training could practice their technique with children; that elementary school is related to the present day UCLA Lab School. In 1887, the branch campus became independent and changed its name to Los Angeles State Normal School. In 1914, the school moved to a new campus on Vermont Avenue in East Hollywood. In 1917, UC Regent Edward Augustus Dickson, the only regent representing the Southland at the time, Ernest Carroll Moore, Director of the Normal School, began to lobby the State Legislature to enable the school to become the second University of California campus, after UC Berkeley, they met resistance from UC Berkeley alumni, Northern California members of the state legislature, Benjamin Ide Wheeler, President of the University of California from 1899 to 1919, who were all vigorously opposed to the idea of a southern campus.
However, David Prescott Barrows, the new President of the University of California, did not share Wheeler's objections. On May 23, 1919, the Southern Californians' efforts were rewarded when Governor William D. Stephens signed Assembly Bill 626 into law, which transformed the Los Angeles Normal School into the Southern Branch of the University of California; the same legislation added the College of Letters and Science. The Southern Branch campus opened on September 15 of that year, offering two-year undergraduate programs to 250 Letters and Science students and 1,250 students in the Teachers College, under Moore's continued direction. Under University of California President William Wallace Campbell, enrollment at the Southern Branch expanded so that by the mid-1920s the institution was outgrowing the 25 acre Vermont Avenue location; the Regents searched for a new location and announced their selection of the so-called "Beverly Site"—just west of Beverly Hills—on March 21, 1925 edging out the panoramic hills of the still-empty Palos Verdes Peninsula.
After the athletic teams entered the Pacific Coast conference in 1926, the Southern Branch student council adopted the nickname "Bruins", a name offered by the student council at UC Berkeley. In 1927, the Regents renamed the Southern Branch the University of California at Los Angeles. In the same year, the state broke ground in Westwood on land sold for $1 million, less than one-third its value, by real estate developers Edwin and Harold Janss, for whom the Janss Steps are named; the campus in Westwood opened to students in 1929. The original four buildings were the College Library, Royce Hall, the Physics-Biology Building, the Chemistry Building, arrayed around a quadrangular courtyard on the 400 acre campus; the first undergraduate classes on the new campus were held in 1929 with 5,500 students. After lobbying by alumni, faculty and community leaders, UCLA was permitted to award the master's degree in 1933, the doctorate in 1936, against continued resistance from UC Berkeley. A timeline of the history can be found on its website, as well