Barry Rothberg TITLE: The Impact of Star-Formation and Gas Dissipation on Galaxy Kinematics ABSTRACT: A key goal in astrophysics is the ability to identify the progenitors of present-day galaxies and their transformative processes. Mergers in the local universe present a unique opportunity for studying these metamorphoses in detail. Yet, many studies and simulations show gas-rich mergers do not contribute significantly to the overall star-formation rate and total mass function of galaxies. The ultimate implication is that Lambda-CDM cosmology and our current understanding of galaxy formation and evolution may be completely wrong. I will discuss recent results, based on high-resolution imaging and multi-wavelength spectroscopy, which demonstrate how star-formation and the presence of multiple stellar populations has lead to a serious underestimation (by almost an order of magnitude) of the dynamical masses and central black hole masses of Luminous & Ultraluminous Infrared Galaxies. The dominance of Red Supergiants and Asymptotic Giant Branch stars in the near-infrared bands, where dust obscuration does not block their signatures, can severely bias the global properties measured in a galaxy, including: mass, age, extinction, star-formation rate and central black hole mass. I will discuss theses new results in the context of the ULIRG-QSO connection and the impact of multiple stellar populations on our ability to accurately measure galaxy masses both locally and at higher redshifts.