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Andrew Rudd

Andrew Rudd founded Barra with Barr Rosenberg of AXA Rosenberg Funds. He was likely introduced to Barr Rosenberg by his thesis advisor at UC Berkeley, Robert (Bob) Oliver. Rudd was a professor at Cornell for a few years before moving back to Berkeley to manage Barra. He heads Rudd Family Foundation, that besides funding a professorship at Cornell, more recently paid most expenses for Rudd Field for soccer at UMass while his athlete daughter Alexi Rudd was a student soccer player there. Currently he is the chairman of Xamplify as well as of Barra.

Andrew Rudd and Xamplify

Bob Oliver started visiting first. After a couple of months, when Robert Oliver seemed comfortable with the company, especially his favorite, Sumer Johal, Andrew Rudd was called and he came to visit around October/November 2001. One day I saw a person from far, apparently him, meeting Jeffrey Klein and Sumer Johal behind closed doors. Then I saw him left alone for a few minutes and he seemed to be staring at some documents and thinking hard. On very next day or so, Jeffrey Klein, who believed in keeping things secret from me, came near my desk and asked loudly our secretary to deposit one million dollars of Andrew Rudd’s money in a separate account. Very puzzling.

Andrew Rudd and CIA

Around that time one very early morning, time when I was normally not in the office, I intercepted a CIA fax addressed to Bob Oliver, inadvertently. That time my first thought was that it was related to Robert Oliver’s rumored power struggle at Fair Isaac Companies and he was trying to dig some dirt on one of his adversaries. Nothing unusual. Now I think that since CIA sent the message to Xamplify, it is most likely related to company’s work. Departure of Bob Burnett from the company around that time, and later claims of money laundering detection, leads me to think that perhaps Andrew Rudd becoming an investor and possibly CIA getting involved in Xamplify’s business could be related.

Andrew Rudd and Money Laundering

Three months after I left Xamplify, a newly designed website of Xamplify appeared and it made claims about its money laundering detection software including some nice illustrations. It was surprising to me because just a few weeks ago I had sent an email to company’s advisors – Elwyn Berkekamp of UC Berkeley, David Donoho of Stanford, Alan Stein of Weston Presidio, and Niels Waller of Vanderbilt – asking them to remove their names from the company’s website so as not to mislead potential employees, customers and investors – and the company had obliged. Therefore, Xamplify knew that at least I am watching its site. At that time Robert Oliver and Andrew Rudd were listed as directors with Bob Oliver as the chairman. Anyway, this newly designed website claiming accurate prediction of money laundering tendencies with the recommendation of closely monitoring certain individuals and reporting authorities, remained online for a very short time. Soon after Andrew Rudd, Bob Oliver and the gang, as it appears, had sent Jeffrey Klein and Sumer Johal packing. I don’t believe baseball bats were used.

Also see: Open letters to Alexi Rudd and Nick Rudd

Also a request: If you happen to meet Dr. Rudd, could you remind him that he owes me my fair wages and it would be much appreciated if he could settle that account. Thanks.

(Last Updated: September 7, 2003.) Terms of Service and Sitemap