[Congressional Record (Bound Edition), Volume 147 (2001), Part 10]
[Extensions of Remarks]
[Page 14078]
[From the U.S. Government Publishing Office, www.gpo.gov]



                     IN HONOR OF WILLIAM HAMBRECHT

                                 ______
                                 

                           HON. NANCY PELOSI

                             of california

                    in the house of representatives

                        Thursday, July 19, 2001

  Ms. PELOSI. Mr. Speaker, I rise today to celebrate a business 
pioneer, a philanthropist, and a long time friend, Bill Hambrecht. Bill 
is being inducted into the Bay Area Business Hall of Fame today, 
Thursday, July 19. I can think of no worthier gentleman to receive such 
a distinct honor.
  William R. Hambrecht is Founder, Chairman, and CEO of WR Hambrecht & 
Co., an investment banking, entrepreneurial investment firm 
headquartered in San Francisco. In 1968, he co-founded Hambrecht & 
Quist which he headed until the late 1990s.
  William Hambrecht is a legendary trailblazer in investment banking. 
Through his ``West Coast-style'' investing, he has engineered major 
success stories such as Genentech, Apple Computers, and Amazon.com. By 
bringing fresh ideas to the financial world such as its innovative 
auction-style OpenIPOs, WR Hambrecht & Co. has been recognized as a 
groundbreaking investing company.
  His philanthropic work demonstrates his concern for the community and 
the environment. He serves as a Director of Beacon Education 
Management, an education management company. He also sits on the board 
of KQED, San Francisco's public television and radio station and is a 
trustee of the Sierra Club.
  William Hambrecht is dedicated to education and business growth. He 
serves on the Advisory Board of the Haas School of Business at UC 
Berkeley. As a member and former Chairman of the Council on 
Competitiveness, he is committed to improving U.S. economic 
competitiveness and leadership in world markets. The Council, composed 
of corporate CEOs, university presidents, and labor leaders, focuses on 
strengthening U.S. competitiveness through innovation and technology.
  William Hambrecht is an inspiration and a friend to many. His 
brilliant leadership has changed the face of California business and 
philanthropy. It is my honor to recognize the achievements of my 
constituent, and to join with his wife Sally and the Bay Area Council 
in acknowledging his contributions and on-going dedication to social 
justice and the advancement of the Bay Area's wellbeing. I applaud his 
commitment to his community and cherish his friendship.

                          ____________________