Mr. Dave D. Weatherspoon, Michigan State University, United States

The University of Michigan s Consumer Sentiment Index fell in June 2008 to its lowest level in decades and has since recovered only insignificantly.

ANN ARBOR, MICHIGAN Today s International Monetary Fund (and, to a lesser degree, the World Bank) recall Talleyrand s description of France s Bourbon kings it has learned nothing and forgotten nothing.

The ROTSE I was operated by a team under Dr. Carl Akerlof of the University of Michigan and included members from Los Alamos National Laboratory and Lawrence Livermore National Laboratory.