David Lieberman, UM Senior V.P. for Business and Finance, explains that, having been 30 with a wife and three children in 1965, he "missed out on this decade of drugs, sex, and rock-and-roll," provoking a laugh from the audience. Lieberman mentions that he attended segregated schools and that "I was at Chapel Hill; Michael Jordan couldn't have happened in the Fifties when I was in college. He was from my home town, Wilmington." He recounts his own academic career and his observations of social change in the 1950s and 1960s, getting another laugh when he mentions that for many years he was working "for a firm nobody ever heard of until a year ago: Arthur Andersen." He traveled throughout the South for the Andersen company. Lieberman's father was a Russian Jewish immigrant who became a merchant in Wilmington and employed blacks to serve both white and black customers, which was against social custom. He quotes from the book "The Provincials: A Personal History of Jews in the South," by Eli N. Evans.