Dr. Walter Jensen, successful corporate finance executive and college professor, died Sunday November 18, 2007 at the age of 87. His wife, Elizabeth, daughters Irene Danilychev of Irvine, California, Mary De la Rosa of Greenwood Village, Colorado, and four grandchildren survive him. Walter was born in Kiev, Russia in 1920 and was raised in Berlin, Germany. He met Elizabeth in Berlin and they were married in Munich in 1946. They moved to the United States in 1949. Walter earned his PhD in Finance at the Wharton School of Business at the University of Pennsylvania. Throughout his career, he held numerous management positions in corporate finance with the Sun Oil Company, Chevron, Zenith, Ford Motor Company and Hughes Aircraft Corporation. After retiring from Hughes Aircraft, Dr. Jensen taught accounting and finance in the MBA programs at California State University, Long Beach, California State University, Dominguez Hills and at Loyola Marymount University in Westchester, California. Dr. Jensen's teaching days were probably the happiest in his life. He loved working with students and telling his accounting jokes every semester. His students felt compelled to laugh. Services were held at St. Andrew's Church in Glendora, California followed by interment at Green Hills Mortuary in Rancho Palos Verdes, California. In lieu of flowers, the family requests that donations be made in Walter's name to the American Heart Association.

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