01 Mar 2005
A Star in LATopics:
His star power is such that he’s been called “the Korean version of Alan Greenspan,” and indeed, when Sung Won Sohn (PMD 35, 1978) was named president and CEO of Hanmi Financial Corporation in Los Angeles, it was front-page news in his native South Korea, the Los Angeles Times reported (January 4, 2005). Sohn had previously worked for thirty years at Wells Fargo, rising to the position of chief economist at the bank, America’s fifth largest.
Sohn is known as one of the nation’s most accurate economic forecasters. “The mantra in 2005 should be caution,” he told the Associated Press (January 1, 2005). “Stay in the stock market, but be on the defensive side because the economic recovery is almost four years old.”
Class of PMD 35