Karen Wrege, co-founder of KB Enterprises LLC and founder of Wrege Associates has twenty years experience in implementing high stakes, complex government auctions of non-tangible assets. Beginning in the early 90’s, she developed the first combinatorial auctions for the US government, selling non-performing loans from defunct savings and loan companies for the Resolution Trust Corporation.
In 1994, Ms. Wrege developed the FCC auction program and supporting software system for the US federal government. She managed dozens of auctions for the FCC that resulted in billions of dollars of revenue to the US Treasury. In early 2005, Ms. Wrege began formed a consultancy specializing in auction software and implementation, and currently advises governments and bidders in auction design, conduct and participation. In addition, Ms. Wrege headed a team of telecommunications experts in conducting a global study of spectrum liberalization and the results of the study will be released at www.KBEauctions.com in September.
