Finance Professor Darrell Duffie, who has been in great demand as a lecturer to help audiences understand the current economic crisis, is the 2009 recipient of the Robert K Jaedicke Silver Apple Award, presented by the Stanford GSB Alumni Association.

Duffie, the Dean Witter Distinguished Professor of Finance, was honored with the annual award during fall 2009 Stanford GSB alumni weekend activities. The award is presented annually to a member of Stanford GSB faculty for his or her contributions to alumni relations, with special emphasis on faculty support and participation in Stanford GSB Alumni Association programs.

"Darrell has always been very enthusiastic in his support of GSB alumni programs and services," said Dean Garth Saloner in presenting the award. He said Duffie had served as a panelist on alumni weekend events and at the Leading Matters event hosted by the University in Los Angeles. "He spoke at an impressive number of GSB alumni events including a faculty seminar for our Lifelong Learning Program, our Half Century Club Reunion, and many of the school's alumni boards and councils."

After receiving the award, Duffie presented a lecture "The Failure of mechanics of Dealer Banks" to the alumni audience gathered for the weekend's activities.