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						 David Shulman 
						Senior Economist 
						UCLA Anderson Forecast 
						 
						UCLA Anderson School of Management 
						110 Westwood Plaza, Gold Hall, B302 
						Los Angeles, CA 90095-1481 
						Fax: 908.295.6121 
						
  
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					David Shulman is currently managing member of his own LLC and engages in educational and charitable 
                    activities, including being a Distinguished Visiting Professor at Baruch College and a Visiting Professor at the 
                    University of Wisconsin.  Shulman received a bachelor’s degree from Baruch College in 1965, an MBA in 1966 from the 
                    Graduate School of Management at UCLA; and his Ph.D. in 1975 with a specialization in Finance.  In March 2005, Dr. 
                    Shulman retired from Lehman Brothers, where he was Managing Director and head Real Estate Investment Trust Analyst.
					
   
					From 1986 to 1997, Dr. Shulman was employed by Salomon Brothers Inc. in various capacities.  He was their director 
                    of real estate research from 1987 to 1991 and became Chief Equity Strategist from 1992 to 1997.  As Chief Equity 
                    Strategist, he was responsible for developing the firms overall equity market view and maintaining their list of 
                    recommended stocks.  Dr. Shulman was widely quoted in print and electronic media and he coined the terms “Goldilocks 
                    Economy” and “New Paradigm Economy.”  In 1991, he was named a Managing Director; and in 1990, he won the First Annual 
                    Graaskamp Award for Excellence in real estate research from the Pension Real Estate Association. Dr. Shulman is 
                    currently a member of NAREIT’s Real Estate Investment Advisory Council. He blogs at Shulmaven.blogspot.com.
					
   
					Before joining Lehman Brothers in 2000, he was a member and Senior Vice President at Ulysses Management LLC from 
                    1998-1999, an Investment Manager of a private investment partnership and an offshore corporation, whose investment 
                    capital approximated $1 billion at the end of 1999.
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