Annual Meeting Speakers

2001 Annual Meeting Speakers	Back to Program
David A. Balto Partner White & Case LLP David A. Balto is a partner in the Antitrust Group of White & Case LLP, an international law firm with over 1400 attorneys in 26 countries. His practice focuses on antitrust, intellectual property, and e-commerce. Mr. Balto formerly was Policy Director of the Bureau of Competition of the Federal Trade Commission and attorney advisor to Chairman Robert Pitofsky. In these positions he was a senior advisor in all aspects of the FTC's merger and non-merger enforcement program. He played a key role in most of the FTC's recent litigated cases, including the challenges to the Staples/Office Depot, British Petroleum/ARCO, and Heinz/Beechnut mergers, the Intel monopolization case, and the challenges to anti-competitive conduct by several pharmaceutical companies. Mr. Balto has extensive experience in intellectual property and antitrust. He was an advisor on the joint Justice Department/FTC Intellectual Property Guidelines. He played a critical role in developing the FTC's position in several standard setting, patent pool, and patent settlement matters. He has authored several articles on cutting edge issues such as the antitrust treatment of patent settlements, standard setting, and the economics of network industries. The American Banker called Mr. Balto "one of the leading thinkers in the area of electronic banking and networks" and he has won the FTC's award for outstanding scholarship twice for his articles in this area.
Terry Barrett International Economic Data Chief Bloomberg News Terry Barrett is the International Economic Data Chief for Bloomberg News, presenting economic data in the United States and around the globe for Bloomberg Financial Markets, used by financial professionals and leading newspapers and magazines throughout the world. Barrett designed and implemented Bloomberg's real-time economic data presentation, which has become the industry standard around the world. Prior to joining Bloomberg, Barrett headed up the international corporate actions department for Thomson Financial. There he was instrumental in establishing a worldwide system for institutional investors to cast their proxy votes at shareholder meetings around the world. He is a graduate of the Marshall School of Business at the University of Southern California, with an emphasis in finance.
Dallas Sanford Batten Director and Senior Economist CDC Investment Management Corp. Sandy Batten joined CDC Investments as Senior Economist in October 1998. He provides analysis of the major industrial economies and assists CDC's portfolio managers in the determination of investment strategies and asset allocations. He has more than 20 years of experience in analyzing industrial economies with special emphasis on financial and currency markets. Prior to joining CDC Investments, Mr. Batten was Vice President and Senior Economist at Citibank where he provided analysis of and forecasts for major industrial economies in Citibank's Global Markets division. Before his time on Wall Street, Mr. Batten had a distinguished career in the government sector. He began his professional career as a research economist at the Federal Reserve Bank of Saint Louis, and subsequently rose to the title of Research Officer. He then served as Senior Staff Economist on the President's Council of Economic Advisers. Next, he turned to U.S. economic policy making at the U.S. Department of the Treasury where he served as Deputy Assistant Secretary for Economic Policy. And finally, just prior to joining Citibank, he led a small team of economists, who analyzed monetary policy in the five largest economies, at the International Monetary Fund. Sandy has also served on the faculties of St. Louis University, Denison University, and Muskingum College. Mr. Batten has written widely in the areas of empirical macroeconomics and international economics. He has contributed numerous articles to a wide range of professional journals, including the Journal of Money, Credit and Banking, the Southern Economic Journal, the Journal of Macroeconomics, the Journal of International Money and Finance, the Federal Reserve Bank of St. Louis Review, and Global Investor. Mr. Batten received his M.A. and Ph.D. degrees in economics from the Ohio State University in 1974 and 1980, respectively. He was awarded his undergraduate degree with honors in economics from the University of Richmond, Virginia, in 1973.
Richard Berner Chief US Economist Morgan Stanley Dean Witter NABE President Richard Berner is a Principal in Morgan Stanley's Equity Research Department, and has responsibility for U.S. economic and financial research activities. A native of Boston, Massachusetts, Mr. Berner received a bachelor of arts degree in economics from Harvard College, and a doctorate in economics from the University of Pennsylvania. He conducted dissertation research under SSRC-Ford Foundation grants at both the University of Louvain, Belgium, and at the University of Bologna, Italy. Prior to joining Morgan Stanley, Mr. Berner was Executive Vice President and Chief Economist at Mellon Bank Corporation, and a member of Mellon Bank's Senior Management Committee. Previously, he served as a Principal and Senior Economist for Morgan Stanley and a Director and Senior Economist for Salomon Brothers. He has also served as Economist for Morgan Guaranty Trust Company, Director of the Washington, DC office of Wharton Econometrics and Economist for the Board of Governors of the Federal Reserve System. He has been an adjunct professor of economics at Carnegie-Mellon University and at George Washington University. Mr. Berner is also a member of the Board of the National Association for Business Economics and a member of the Board of Advisors of Macroeconomic Advisers, LLC. He has been a member of the Economic Advisory Committee of the American Bankers Association, Chairman of the Economic Advisory Board of the Pennsylvania Bankers Association, a member of the Board of Directors and past President of the Economic Club of Pittsburgh, a member of the Advisory Board of the Center for Economic Development at Carnegie Mellon University's Heinz School, a member of the Board of Trustees of Sewickley Academy, and a member of the Finance Advisory Committee of the Quaker Valley School District. He has also served as a member of the Pennsylvania Legislative Joint Task Force on Exports.
Michael D. Bordo Professor of Economics and Director of the Center for Monetary and Financial History Rutgers University Michael D. Bordo is Professor of Economics and Director of the Center for Monetary and Financial History at Rutgers University, New Brunswick, New Jersey. He has held previous academic positions at the University of South Carolina and Carleton University in Ottawa, Canada. He has been a visiting Professor at the University of California Los Angeles, Carnegie Mellon University, Princeton University and a Visiting Scholar at the IMF, Federal Reserve Banks of St. Louis and Richmond and the Federal Reserve Board of Governors. He also is a Research Associate of the National Bureau of Economic Research, Cambridge, Massachusetts. He has a B.A. degree from McGill University, a M.Sc.(Econ) from the London School of Economics and he received his Ph.D. at the University of Chicago in 1972. He has published many articles in leading journals and ten books in monetary economics and monetary history. He is editor of a series of books for Cambridge University Press: Studies in Macroeconomic History. Recent publications include: with Anna J. Schwartz, A Retrospective on the Classical Gold Standard 1821-1931 , University of Chicago Press 1984; with Lars Jonung, The Long-Run Behavior of the Velocity of Circulation: The International Evidence, Cambridge University Press, 1987 ; with Barry Eichengreen, A Retrospective on the Bretton Woods International Monetary System, University of Chicago Press, 1993; with Claudia Goldin and Eugene White, The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, University of Chicago Press, 1998; Essays on the Gold Standard and Related Regimes, Cambridge University Press, 1999.
John Calfee Resident Scholar American Enterprise Institute Jack Calfee has been a Resident Scholar at the American Enterprise Institute in Washington, D.C., since January 1995. An economist, his Ph.D. is from the University of California at Berkeley. After serving in the Bureau of Economics at the Federal Trade Commission during 1980-1986, he taught marketing and consumer behavior in the business schools of the University of Maryland at College Park and Boston University, and spent a year as a Visiting Senior Fellow at the Brookings Institution. Dr. Calfee's research has focussed on the role of advertising, information, and regulation (especially in health care); tort liability; and related areas. In addition to academic journal articles, he is the author of Prices, Markets, and the Pharmaceutical Revolution (2000) and Fear of Persuasion: A New Perspective on Advertising and Regulation (1997). His op-eds have appeared in the Wall Street Journal, Advertising Age, Sacramento Bee, Raleigh News and Observer, Los Angeles Times, and many other newspapers and magazines. His most recent article, published in the June 5, 2001 edition of the Annals of Internal Medicine, is "Pharmaceutical Price Controls and Patient Welfare." On July 24, 2001, he testified on direct?to?consumer prescription drug advertising in hearings before the Consumer Affairs Subcommittee of the Senate Commerce Committee.
Charles W. Calomiris Professor of Finance and Economics Columbia University Charles W. Calomiris is Paul M. Montrone Professor of Finance and Economics at the Columbia University Graduate School of Business and a Professor in the Department of International and Public Affairs at Columbia University's School of International and Public Affairs. He co-directs the Project on Financial Deregulation at the American Enterprise Institute, is a member of the Shadow Financial Regulatory Committee, is a Research Associate of the National Bureau of Economic Research, and is a Senior Fellow at the Council on Foreign Relations. Professor Calomiris served on the International Financial Institution Advisory Commission, a Congressional commission to advise the U.S. government on the reform of the IMF, the World Bank, the regional development banks, and the WTO. His research spans several areas, including banking, corporate finance, financial history, and monetary economics. He received a B.A. in economics from Yale University in 1979 and a Ph.D. in economics from Stanford University in 1985. His recent publications include: U.S. Bank Deregulation in Historical Perspective (Cambridge University Press, 2000), Emerging Financial Markets (with David Beim, Irwin-McGraw Hill, 2000), "Blueprints for a New Global Financial Architecture" in International Financial Markets: The Challenge of Globalization (Leonardo Auernheimer, ed., University of Chicago Press, 2000), "Is the Bank Merger Wave of the 1990s Efficient?" (with Jason Karceski) in Mergers and Productivity (Steven Kaplan, ed., University of Chicago Press, 2000) "Contagion and Bank Failures During the Great Depression: The June 1932 Chicago Banking Panic" (with Joseph Mason) in the American Economic Review (December 1997), "Building an Incentive-Compatible Safety Net," in the Journal of Banking and Finance (October 1999), "Designing the Post-Modern Bank Safety Net: Lessons from Developed and Developing Economies" in Money, Prices, and the Real Economy (Geoffrey Wood, ed., Edward Elgar Publishing,1998), "The IMF's Imprudent Role as Lender of Last Resort" in The Cato Journal (Winter 1998), "Universal Banking American-Style" in the Journal of Institutional and Theoretical Economics (March 1998), and "Was the Great Depression a Watershed in American Monetary Policy?" (with David Wheelock), in The Defining Moment: The Great Depression and the American Economy in the Twentieth Century (Michael Bordo, Claudia Goldin, and Eugene White, eds., University of Chicago Press, 1998), Professor Calomiris is the recipient of research grants or awards from the National Science Foundation, the World Bank, the Japanese Government, the Herbert V. Prochnow Foundation, and the Garn Institute of Finance. In 1995 he was named a University Scholar at the University of Illinois, where he served as Associate Professor of Finance and Co-Director of the Office for Banking Research. He is a member of the editorial boards of the Journal of Banking and Finance, the Journal of Financial Services Research, the Journal of Financial Intermediation, the Journal of Economic History, the Journal of Economics and Business, and Explorations in Economic History. Professor Calomiris serves or has served as a consultant to many governments, agencies and firms, including the Federal Reserve Banks of New York, Chicago, Cleveland, and St. Louis, the Federal Reserve Board, the World Bank, the governments of Mexico, Argentina, Japan, China, and El Salvador, the States of Massachusetts and Connecticut, Bank of America, The Limited, and the law firms Wachtel, Lipton, Rosen & Katz, Fenwick & West, and Mayer, Brown & Platt. He also serves as Chairman of the Board of Greater Atlantic Bank, a publicly held bank with branches in the Washington D.C. metropolitan area. Professor Calomiris designed (with David Beim) and teaches a new MBA and Executive MBA case course on emerging market financial transactions, which won the 1997-1998 Chazen International Innovation Prize at Columbia Business School. Professor Calomiris also teaches a course for senior World Bank managers on "Bank Regulation and Exchange Rate Policy in Developing Economies," and teaches a course in the executive education program at the International Monetary Fund on the same topic.
Oral Capps, Jr. Professor Texas A&M University Professor and holder of the Southwest Dairy Marketing Endowed Chair in the Department of Agricultural Economics at Texas A&M University, specializing in demand analysis, food distribution, and applied econometrics. He received his B.S. in Mathematics, M.S. in Statistics, and M.S. and Ph.D. in Agricultural Economics, all from Virginia Tech. Dr. Capps is a nationally and internationally recognized leader in demand analysis, specializing in working with large data bases. Applied research areas include analysis of expenditure patterns of prepared foods and foods eaten away from home, analysis of health and nutrition issues, uses of scanner-derived information for managerial decision-making in food retailing, and analysis of regional, national, and international markets for the agricultural, agribusiness, and financial sectors. He has received awards for teaching at both the undergraduate and graduate level from the Texas A&M Association of Former Students and from the American Agricultural Economics Association. Finally, Dr. Capps has been honored by Texas A&M University, Virginia Tech, the Food Distribution Research Society, the American Council on Consumer Interests, and the American Agricultural Economics Association for outstanding research. Special Focus: Econometrics, market analysis, applied statistics, and major league baseball.
Eric Chaney Managing Director Morgan Stanley Dean Witter Eric is co-head of Morgan Stanley Dean Witter's European Economics team (together with Joachim Fels). Based in London and Paris, his main focus is on the business cycle, price and productivity developments. Eric and Joachim were ranked #1 by Institutional Investor for European economics in 2000 and 2001 and by Reuters-Tempest in 2001 for Economic Forecasting. Eric was ranked #1 by Extel-Thomson and L'Agefi in 2001. A former associate professor of economics at the École Nationale d'Administration (ENA), Eric is a member of the Commission Économique de la Nation, an advisory board to Minister of Economics and Finances Laurent Fabius. He is also member of the panel of market and academic economists consulted by Governor of the Bank of France Jean-Claude Trichet. Eric joined the firm in January 1995 from INSEE, the French Institute for Statistics and Economic Studies, where he was chief forecaster for the French economy, and principal editor of the Institute's business cycle journal 'Note de Conjoncture'. Eric began his career as a mathematics professor and was the editor of L'Ouvert, an academic journal of the University Louis Pasteur of Strasbourg. He holds a MSc in Pure Mathematics from the University Claude Bernard in Lyons, and a post-graduate diploma in Economics and Econometrics from the École Nationale de Statistique et d'Administration Economique. Eric is a member of the European Economic Association and has published in French academic journals.
E. Gerald Corrigan Managing Director Goldman, Sachs & Co. E. Gerald Corrigan, 60, was named Managing Director at Goldman, Sachs & Co., effective November 30, 1996. Mr. Corrigan serves as co-chair of both the Risk Committee and the Global Compliance and Controls Committee, and is also a member of the firm's Commitments Committee. Mr. Corrigan joined Goldman Sachs on January 3, 1994 as Chairman, International Advisors and senior advisor to the Executive Committee. On an ongoing basis, Mr. Corrigan is involved in a wide range of strategic and transactional projects around the world on behalf of the firm and its clients. Mr. Corrigan ended a 25-year career with the Federal Reserve System when he stepped down from his position as President and Chief Executive Officer of the Federal Reserve Bank of New York as of July 18, 1993. Mr. Corrigan became the seventh CEO of the Federal Reserve Bank of New York on January 1, 1985. In that capacity, he became a permanent voting member of the Federal Open Market Committee. He was also named Vice Chairman of the FOMC, a position traditionally held by the president of the New York Fed. In July 1991, he was named Chairman of the Basle Committee on Banking Supervision by the governors of the central banks of the Group of Ten countries. Mr. Corrigan was the first American named to that post. Mr. Corrigan's career at the New York Fed began in August 1968 when he joined the Domestic Research Division as an economist. From 1968 to 1976, Mr. Corrigan served in a variety of staff and official positions at the New York Fed. In 1976 he was named Vice President of the Bank and subsequently had responsibilities for such diverse areas as the corporate secretary's office, planning, personnel, accounting and domestic open market operations. In August 1979, Mr. Corrigan became special assistant to Federal Reserve Board Chairman, Paul A. Volcker. In August 1980, he became president of the Federal Reserve Bank of Minneapolis, a position in which he served until his return to the New York Fed. Mr. Corrigan was born on June 13,1941 in Waterbury, Connecticut. He earned a Bachelor of Social Science degree in economics from Fairfield University, Fairfield, Connecticut in 1963. He received a Master of Arts degree in economics in 1965 and a Doctor of Philosophy degree in economics in 1971, both from Fordham University in New York City. Mr. Corrigan maintains an association with a wide range of various public policy and non-profit organizations. Among others, he is a member or a trustee of: The Bretton Woods Committee; The Group of Thirty; The Institute for Financial Stability, Bank for International Settlements; The Japan Society; The Per Jacobson Foundation; Member of the International Advisory Panel of the Monetary Authority of Singapore; The Trilateral Commission; and he is also Co-Chairman of the Aspen Institute, Program on the World Economy.

Dr. Jacob A. Frenkel President Merrill Lynch International Inc. Dr. Jacob A. Frenkel, born in Israel in 1943, is the President of Merrill Lynch International and a member of the Office of the Chairman of Merrill Lynch and Co. Inc. Dr Frenkel is also the Chairman and CEO of the Group of Thirty (G-30). Among his responsibilities, he also serves as President of Merrill Lynch's Financial Institutions Group as well as Chairman of Merrill Lynch's Sovereign Advisory Group. During the period 1991 to 2000, Dr. Frenkel served for two terms as the Governor of the Bank of Israel. As the Governor, he is credited with reducing inflation in Israel to the levels prevailing in advanced economies, liberalizing Israel's financial markets, removing foreign exchange controls, thereby integrating the Israeli economy into the global financial system. Previously, from 1987 to 1991, he served as the Economic Counselor and Director of Research at the International Monetary Fund. Dr. Frenkel also held the position of the David Rockefeller Professor of International Economics at the University of Chicago, where he was on its faculty from 1973 to 1987 and also served as Editor of the Journal of Political Economy. In 1991 he joined the faculty of Tel Aviv University, where in 1994 he was named the Weisfeld Professor of Economics of Peace and International Relations. Dr. Jacob Frenkel also serves as a member of the Board of Directors of the Institute of International Finance (IIF), the Advisory Committee of the Institute for International Economics (IIE), a distinguished member of the Advisory Committee of Korea's Institute for Global Economics (IGE), and served as a member of the G-7 Council. During 1995-96, Dr. Frenkel served as the Chairman of the Board of Governors of the Inter-American Development Bank (IDB), and during 1999-2000 as Vice Chairman of the Board of Governors of the European Bank for Reconstruction and Development (EBRD). Following the Madrid Middle East Peace Conference of 1991, Dr. Frenkel was appointed as co-chairman of the Israeli delegation to the Multilateral Peace Talks on Regional Economic Developments. Dr. Jacob Frenkel holds a BA in Economics and Political Science from the Hebrew University of Jerusalem, and an MA and Ph.D. in Economics from the University of Chicago. He is a Fellow of the Econometric Society, a Foreign Honorary Member of the American Academy of Arts and Sciences (AAAS), a Research Associate of the U.S. based National Bureau of Economic Research (NBER), an Honorary Member of the Japan Society of Monetary Economics (JSME), a Member of the Executive Committee and Treasurer of the International Economic Association (IEA), a Member of the International Board of Governors, The Peres Center for Peace, Israel, and an Honorary President of the Israel Association of Graduates in the Social Sciences and Humanities. Dr. Frenkel is a recipient of the Tel-Aviv University Hugo Ramniceanu Prize for Economics, of the Czech Karel Englis Prize in Economics, and of the "Orden de Mayo al Merito" (in the rank of Gran Cruz) decoration from the Government of Argentina. He was awarded with the 1993 Economic Policy Award by "Emerging Markets" and the Central Banker of the Year 1997 Award by "Euromoney". He is a recipient of Honorary Doctoral degrees from the University of Haifa, Ben-Gurion University, and from Bar Ilan University. He is also a recipient of the Jerusalem-Fellow Decoration, the Yuval-Dignitary Decoration, the "OT Hanagid Merit Award" from the Shaare Zedek Jerusalem Medical Center, as well as merit awards for the "Economic Leadership and Contributions to the Israeli Economy" from the CFO Forum, Israel, from the Industry & Commerce Club, Israel, and from the American Committee for Shaare Zedek Jerusalem Medical Center. Dr. Frenkel is the author of numerous books and articles in the fields of International Economics and Macroeconomics.
Michael L. Goldstein Chief Investment Strategist Sandord C. Bernstein & CO., LLC Mr. Goldstein is the Chief Investment Strategist for the Institutional Services business of Sanford C. Bernstein & Co., LLC and an Executive Vice President of Alliance Capital Management L.P. Before joining the firm in 1986, he was senior analyst at Goldman, Sachs & Co. From 1979 to 1984 he was a manager in the strategic consulting practice of Arthur Andersen & Co. He earned a B.B.A. from the University of Wisconsin in 1977 and an M.B.A. from the University of Michigan in 1979. He is a member of the Institutional Investor All-American Research Team as an investment strategist, quantitative analyst, and formerly, as an analyst of the financial services industry. His written research was voted among the top 10 on Wall Street in 1994, 1995, 1996, 1998, 1999 and 2000. He was ranked as a leading portfolio strategist and quantitative analyst in the 1997, 1998, 1999, 2000 and 2001 Reuters Surveys of portfolio managers.
Dr Ernest Goss Professor Creighton University Dr Ernest Goss is currently the Jack MacAllister Chair in Regional Economics at Creighton University. He received his Ph.D. in Economics from The University of Tennessee in 1983 and is a former faculty research fellow at NASA’s Marshall Space Flight Center. He is currently the second Vice-President of NAPM, Nebraska.
Edgard H. Habib Chief Economist Chevron Corporation Edgard H. Habib is chief economist for Chevron Corp. A native of Lebanon, Habib graduated from the University of San Francisco, Calif., with a bachelor's degree in political science and international finance in 1975. He then went on to earn an MPA in development economics and public finance; a doctorate in economics from The American University, based in Washington, D.C. In 1988, Habib joined Wharton Econometric Forecasting Associates (WEFA), in Washington, D.C., as vice president, Middle and Africa, responsible for directing research on country risk assessments for many major international clients. In this capacity, he performed numerous consulting projects and delivered client briefings worldwide. He was later named senior vice president and managing director, for WEFA's Washington operations, overseeing activities in Eurasia, Asia/Pacific, the Middle East and Africa. Habib established and maintained extensive client relations globally and developed corporate strategy for initiation and development of business opportunities for those clients. In early 1997, Habib became a senior advisor for Mitsubishi Corp., based in Tokyo, on global petroleum markets and country risk assessment. He advised management on energy security and country risk issues to aid in developing long-term business growth opportunities for the company. In August 1997, he joined the International Energy Agency (IEA) of the Organization for Economic Cooperation and Development (OECD), based in Paris, as manager of their Middle East and Africa affairs. He advised industry and government representatives on world economy, country risk and oil security. He was spokesperson for OECD/IEA at many worldwide conferences, and was instrumental in developing institutional links for them in the Middle East, North Africa and Asia. Habib joined Chevron as chief economist in October 2000. He is a member of the American Economic Assoc., and the National Association of Business Economists.
R. Glenn Hubbard Chair Council of Economic Advisors R. Glenn Hubbard is Chair of the Council of Economic Advisors. Before this, he was Russell L. Carson Professor of Economics and Finance, and Co-Director of The Entrepreneurship Program at Columbia University, where he has also served as Senior Vice Dean of the Graduate School of Business. Prior to joining the Columbia faculty in 1988, he taught at Northwestern. He received his Ph.D. in economics from Harvard in 1983. He has also served as a visiting professor at the John F. Kennedy School of Government at Harvard, the Graduate School of Business of the University of Chicago, and the Harvard Business School, and as a John M. Olin Fellow at the National Bureau of Economic Research, where he remains a research associate. From 1991-1993, he was Deputy Assistant Secretary (Tax Analysis) of the U.S. Treasury Department. Hubbard’s research interests span public economics, macroeconomics, corporate finance, and industrial organization. A prolific author, Hubbard has authored a textbook on financial markets and institutions, edited volumes on financial economics and international tax policy, and written more than 90 scholarly articles. In addition to his responsibilities at Columbia, and the National Bureau of Economic Research, Hubbard is the director of the program on tax policy at the American Enterprise Institute in Washington, DC. He is or has been a consultant to the U. S. Department of the Treasury, Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System, the National Science Foundation, and numerous private corporations. Hubbard, his wife Constance, and their sons Raph and William live in New York.
Peter B. Jaquette Manager, Economic Analysis Weyerhaeuser Company Peter B. Jaquette is Manager, Economic Analysis at Weyerhaeuser Company. His primary responsibilities at Weyerhaeuser include market analysis of the containerboard, packaging and paper recycling industries, and assessing economic trends and developments in the global economy and relating how they impact the pulp and paper markets served by Weyerhaeuser Company. Before joining Weyerhaeuser, Mr. Jaquette was Senior Vice President, Global Services at WEFA (an economic forecasting and consulting company). At WEFA his responsibilities included directing the forecasting and analysis of the economies of the U.S. and other developed countries. He was the author of the WEFA forecast for the U.S. economy and frequently spoke on the outlook for the economy at conferences and meetings. Before joining WEFA, Mr. Jaquette was Director, Economic Analysis at Atlantic Richfield Company. Mr. Jaquette serves on the Board of Directors of the National Association for Business Economics (NABE), and is past president of the NABE Los Angeles Chapter. He is also a member of the National Business Economic Issues Council. Mr. Jaquette received his B.A. degree in economics from Swarthmore College (honors) in 1974, and his M.A. in economics from Stanford University in 1976.
Kenneth J. Kies Co-Managing Partner PricewaterhouseCoopers LLP Kenneth J. (Ken) Kies is a co-managing partner of the PricewaterhouseCoopers LLP Washington National Tax Services office, Washington, D.C. He is Chair of the PricewaterhouseCoopers Federal Tax Policy Group, which provides sophisticated strategic and technical tax advice on tax policy matters before the Congress, the U.S. Treasury Department, the Internal Revenue Service, and the OECD. At PricewaterhouseCoopers, Mr. Kies has delivered significant legislative and regulatory results for his clients, which include major corporations, trade associations, and coalitions of companies with common objectives. Mr. Kies has led coalition efforts to enact legislation responding to the World Trade Organization's ruling against U.S. foreign sales corporation benefits, to avert enactment of broad "corporate tax shelter" legislation that would have an adverse impact on legitimate business transactions, and to reverse Treasury regulations targeting "hybrid" arrangements of U.S. multinational corporations, among other projects. Among Washington "lobbying" firms, the Federal Tax Policy Group grew to sixth largest in terms of revenues in 2000. Prior to joining the firm, Mr. Kies served as the Chief of Staff of the Congressional Joint Committee on Taxation from January 1995 until January 1998. The Congressional Joint Committee on Taxation staff is responsible for developing and analyzing all tax legislation for the House Ways and Means Committee, the Senate Finance Committee, and other committees of the Congress. It also is responsible for estimating the cost of enacting changes to tax laws, approving all IRS refunds in excess of $1 million, and performing all technical analysis of tax treaties considered by the Senate Foreign Relations Committee. The position of Chief of Staff of the Joint Committee on Taxation was created by the Revenue Act of 1926. Mr. Kies was the 10th person to serve in this position. During his tenure as Chief of Staff of the Joint Committee on Taxation, Mr. Kies oversaw development of major tax legislation, including the Taxpayer Relief Act of 1997, the Small Business Job Protection Action of 1996, and the Health Insurance Portability and Accountability Act of 1996. He also led international delegations to France, Spain, Sweden, the Czech Republic, Belgium, the European Union, and the OECD to meet with foreign tax officials and business leaders. He also held numerous bilateral discussions in Washington with a wide variety of tax officials representing other foreign countries. Prior to becoming Chief of Staff of the Joint Committee on Taxation, Mr. Kies was the firmwide Chair of the Tax Practice for Baker & Hostetler. He had a broad-based tax practice involving legislation, tax planning, and practice before the Internal Revenue Service and the Treasury Department. He represented clients in all aspects of tax controversy work involving both large case audit representation and coordinated industry audit issues. He practiced before the United States Tax Court, the United States Bankruptcy Court for the Northern District of Ohio, the United States Bankruptcy Court for the Northern District of Texas, the Ohio Board of Tax Appeals, and the Supreme Court of Ohio. At Baker & Hostetler, Mr. Kies served as Tax Counsel for the American Resort Development Association, Tax Counsel for the Section 457 Tax Force, Tax Counsel for the Amortization Intangibles of Task Force, Tax Counsel for the Insurance Accounting Group, Counsel to the Coalition of Independent Casualty Companies of America, and Special Tax Counsel for the Surety Association of America. From 1982 until 1987, Mr. Kies served as Chief Republican Tax Counsel to the Ways and Means Committee of the United States House of Representatives. In that position, he directed the Ways and Means Committee's Republican tax staff and was the chief tax lawyer responsible for developing and analyzing all tax-related legislation for Republican members of the Committee and the House of Representatives. During his service on the Ways and Means Committee staff, Mr. Kies was actively involved in development of the Economic Recovery Tax Act of 1981, the Tax Equity and Fiscal Responsibility Act of 1982, the Surface Transportation Act of 1982, the Social Security Act Amendments of 1983, the Retirement Equity Act of 1984, the Tax Reform Act of 1984, and the Tax Reform Act of 1986. Prior to joining the Ways and Means Committee staff in 1981, Mr. Kies was a tax associate with Baker & Hostetler, where he began the practice of law in 1977 in Cleveland. As a leading expert on tax policy issues, Mr. Kies frequently appears on radio and television, including National Public Radio, MSNBC, ABC , CNN, and regularly is quoted in print news publications such as the Wall Street Journal, the Washington Post, the New York Times, Newsweek, Time, and others. He has delivered over 800 speeches, on a wide range of tax subjects, to groups in 40 states, Puerto Rico, Canada, Austria, the Czech Republic, Sweden, Spain, France, Bermuda and Barbados since 1981. Influence magazine in December 2000 named Mr. Kies "Washington's best tax lobbyist." Regardies magazine in September 2000 included Mr. Kies in list of the "100 most powerful people" in private sector Washington. In 1998, the Tax Executives Institute honored Mr. Kies with its Distinguished Service Award, given to "individuals whose contributions to tax administration and the improvement of the tax system are substantial and not subject to question." In 1997, he was named by Roll Call magazine as one of the most powerful staffers on Capitol Hill and by Fortune magazine as one of the three "most dangerous" bureaucrats in the country. In December 1998, Mr. Kies was one of four private sector participants to co-moderate the White House Conference on Social Security. Mr. Kies was a member of the faculty of the Committee on Ways and Means 1993 Austin Retreat on Tax Policy under Chairman Dan Rostenkowski and was Co-Chair with Michael Boskin of the 1996 Committee on Ways and Means Retreat on Tax Reform under Chairman Bill Archer at Airlie House, Virginia. Mr. Kies has served as the Chairman of the Annual Hartford Real Estate Tax Institute and as a member of the Advisory Group on Corporate Taxation appointed by the Chairman of the House Ways and Means Committee, the Board of Visitors of the Capital University Law and Graduate Center, the Program Committee of the Tax Foundation, the Board of Directors of the Tax Council, the Advisory Board of the New York University Institute on Federal Taxation, the National Alumni Advisory Council of the Ohio State University Law School, the International Fiscal Association, the Advisory Council of the Hartford Insurance Tax Institute, the Tax Committee of the National Association of Manufacturers, and the Tax Committee of the National Foreign Trade Council. He was elected a Fellow in the American College of Tax Counsel in 1996. Mr. Kies holds an L.L.M., Taxation from Georgetown University Law School, a JD, Cum Laude from the Ohio State University College of Law, and a BA, Cum Laude, from Ohio University.
Henry Kaufman President Henry Kaufman & Company Henry Kaufman is President of Henry Kaufman & Company, Inc., a firm established in April 1988, specializing in investment management and economic and financial consulting. For the previous 26 years, he was with Salomon Brothers Inc, where he was Managing Director, Member of the Executive Committee, and in charge of the Firm’s four research departments. He was also a Vice Chairman of the parent company, Salomon Inc. Before joining Salomon Brothers, Dr. Kaufman was in commercial banking and served as an economist at the Federal Reserve Bank of New York. Dr. Kaufman, who was born in 1927, received a B.A. in economics from New York University in 1948, an M.S. in finance from Columbia University in 1949, and a Ph.D in banking and finance from New York University Graduate School of Business Administration in 1958. He also received an honorary Doctor of Laws degree from New York University in 1982 and an honorary Doctor of Humane Letters degree from Yeshiva University in 1986. In 1987, Dr. Kaufman was awarded the first George S. Eccles Prize for excellence in economic writing from the Columbia Business School for his book, Interest Rates, the Markets, and the New Financial World. Besides his business activities, Dr. Kaufman is active in a number of public organizations in the following capacities: Chairman of the Board of Trustees, Institute of International Education; Chairman of the Board of Overseers, Stern School of Business, New York University; Member of the Board of Directors, W. R. Berkley Corporation; Member of the Board of Directors, Federal Home Loan Mortgage Corporation; Member of the Board of Directors, Lehman Brothers Holdings Inc.; Member of the Board of Trustees, The Animal Medical Center; Member of the Board of Trustees, New York University Member of the Board of Trustees, Whitney Museum of American Art; Member, International Capital Markets Advisory Committee of the Federal Reserve Bank of New York; Member, Advisory Committee to the Investment Committee, International Monetary Fund Staff Retirement Plan; Member of the Board of Governors, Tel-Aviv University.
Jesper Koll Chief Economist Merrill Lynch Japan Jesper Koll has been researching the Japanese economy since becoming a resident of Japan in 1986. Prior to joining Merrill Lynch in August 1999, he was a Managing Director of Tiger Management L.L.C. and before he was the chief economist and head of economic and market research for J.P.Morgan in Tokyo. Mr. Koll has been serving on several Japanese government advisory councils, including the MITI committee on "Big Bang 2001 - Japan's financial system reform". He was a member of the Economic Planning Agency council that deliberates policy proposals to counter deflation. This summer, he was selected as a member of the Koizumi administrations' project team of private sector analysts. For the first two years of his stay in Japan, Mr Koll was a research fellow at the Kyoto University Economic Research Center and the Tokyo University Institute for Social Sciences. After that, Mr.Koll served as an aide to a Japanese Member of Parliament for two years. He is the author of many articles and one book, called "Towards a New Japanese Golden Age" (Japanese language only). Before his Japan specialization, he worked as an assistant economist for the O.E.C.D. in Paris. He holds a Masters degree from The Johns Hopkins University, SAIS. He graduated from the Lester B. Pearson College of the Pacific in 1980. He is a native of Germany and was born in 1961.
Bruce Kratofil President BJK Research Bruce Kratofil of BJK Research specializes in web site development in economics and finance, as well as writing in the fields of computers and software. He is the webmaster for the National Association for Business Economics, and Senior Editor for BugNet. He is the co-author of two books, The Windows 95 Bug Book, and Windows 2000 Secrets, and his computer help and how-to articles have appeared in BugNet, C Net, MSNBC, ZD Net, InfoWorld and Network Magazine. Previously, he has taught Economics, Corporate Finance, and Money and Banking at the Weatherhead School of Management at Case Western Reserve University, at John Carroll University, and Cleveland State University. He holds bachelors and Masters degrees in Economics from Case Western Reserve University.
Dr. J. Steven Landefeld Director, Bureau of Economic Analysis Economic and Statistics Administration Dr. Landefeld has been Director of the Bureau of Economic Analysis (BEA) since 1995. BEA is the statistical agency within the Department of Commerce responsible for the national, international, regional, and industry accounts -- including such estimates as Gross Domestic Product (GDP), personal income, corporate profits, the U.S. balance of payments, State and local area personal income, U.S. capital stocks, input-output estimates, foreign direct investment estimates, and GDP-by-industry. Prior to becoming Director of BEA, Dr. Landefeld served in a number of other capacities at the Bureau, including Acting Director, Deputy Director, and Associate Director for International Economics. While at BEA, he has led a number of pioneering efforts in statistics, including the introduction of unbiased estimates of real GDP and prices, the development of monthly estimates of trade in goods and services, alternative balance of payments accounts, integrated economic and environmental accounts, and the use of data exchanges with foreign banks to improve international capital estimates. Dr. Landefeld also has led a number of managerial improvements at the Bureau including the introduction of a performance-based personnel system, the development of "private-sector" financial accounts (BEA was one of the first Bureaus in the Department to receive an unqualified opinion from an outside auditor on its financial statement), and the move from an antiquated mainframe to an integrated micro-computer network (BEA was the first major statistical agency to successfully make such a move). Before coming to BEA, Dr. Landefeld held a number of positions, including Chief of Staff for the President's Council of Economic Advisers, Director of the Business Issues Analysis Division at the Department of Commerce, and Research Assistant Professor at Georgetown University. He has authored numerous professional articles and has received the Henri Willem Methorst Medal from the International Statistical Institute, two Abramson Scroll Awards from the National Association of Business Economists, and Gold, Silver, and Bronze Awards from the Department of Commerce for his work. Dr. Landefeld has served on numerous professional committees and working groups including those of the Organization for Economic Co-operation and Development, the International Monetary Fund, the United Nations, and the Conference on Research in Income and Wealth.
Catherine Mann Senior Fellow Institute for International Economics Dr. Mann's most recent book, Global Electronic Commerce: A Policy Primer (2000) with Sue E. Eckert and Sarah Cleeland Knight examines the economic and policy implications of electronic commerce over the internet. It is a primer principally for foreign policymakers, although US businesses active abroad also will find it a useful guide to the policy terrain. It offers common ground to industrial and developing economies to spur forward movement on service sector negotiations and discussions on electronic commerce in WTO negotiations. In her last book, Is the U.S. Trade Deficit Sustainable? (1999), she answers this question as well as other perennial questions about global integration and the US economy, such as, how does trade affect American workers, what is the relationship between globalization and productivity growth, is the external deficit caused by unfair trade practices and do international capital market determine a country's trade balance? She is continuing to investigate how globalization and productivity growth affect the US: Do these forces explain the "new paradigm" of rapid growth without inflation? Are they the cause of widening income distribution? What are the policy implications? She has held several posts at the Federal Reserve Board of Governors, (1984-87 and 1989-97), including Assistant Director and Special Assistant to the Staff Director, International Finance Division (1994-97). She was a Senior Economist on the staff of the President's Council of Economic Advisors (1991-92), the principal staff member for the Chief Economist of the World Bank (1988-89), and a Ford Foundation Fellow at the National Bureau of Economic Research (1987). She is an Adjunct Professor at the Owen School of Management at Vanderbilt University, and has also taught at the University of Chicago, Princeton University, University of Maryland, Georgetown, Boston College, and MIT. She received her PhD from Massachusetts Institute of Technology; her undergraduate degree is from Harvard University. She has written numerous articles on international trade and finance, publishing in the American Economic Review, Journal of International Money and Finance, Brookings Papers on Economic Activity, and International Economy, among other journals and volumes. She wrote and edited with co-authors, Evaluating Policy Regimes. She is preparing a book, Hi-Tech and the Globalization of America.
Walter Mossberg Personal Technology Columnist Wall Street Journal Walt Mossberg is the author and creator of the weekly Personal Technology column in The Wall Street Journal, which has appeared every Thursday since 1991. Newsweek magazine calls Mr. Mossberg "the most powerful arbiter of consumer tastes in the computer world today." Time magazine calls him "the most influential computer journalist." Brill's Content, the watchdog magazine that covers the press, ranks Mr. Mossberg as one of the 25 most influential people in the American news media. And Rolling Stone calls him "the most powerful columnist in technology." In a recent front-page profile, the Washington Post declared Mr. Mossberg "one of the most powerful men in the high-tech world" and "a one-man media empire whose prose can launch a new product." Mr. Mossberg was awarded the 1999 Loeb award for Commentary, the only technology writer to be so honored. For seven years in a row, 1995-2001, he has been named as the most influential journalist writing about computers, in the annual ranking published by Technology Marketing magazine. For four years in a row, Upside magazine ranked him as one of the 100 most influential people in the digital world. In addition to Personal Technology, Mr. Mossberg also writes a second weekly column in the Journal, called Mossberg's Mailbox, in which he answers readers' questions. He is also a contributing editor of Smart Money, the Journal's monthly magazine, where he writes a column called The Mossberg Report. On television, Mr. Mossberg is a regular technology commentator for the CNBC network. Mr. Mossberg, 54, has been a reporter and editor at the Journal since 1970. He is based in the Journal's Washington, D.C., office, where he spent 18 years covering national and international affairs before turning his attention to technology. A native of Warwick, Rhode Island, he graduated from Brandeis University and the Columbia University Graduate School of Journalism. In May of 2001, he received an honorary Doctorate of Laws from the University of Rhode Island.

Jim O'Neill Chief Currency Economist Goldman, Sachs Jim O'Neill received his Ph.D. in 1982 from the University of Surrey after graduating in Economics from Sheffield University in 1978. His Ph.D. thesis was entitled An Empirical Study of the OPEC Surplus and its Disposal. Since then, Jim has worked for a number of firms in the international financial markets. After a brief spell with Bank of America in 1982/1983, Jim joined International Treasury Management, a division of HSBC. Jim spent over six years with the group acting as a Foreign Exchange Economist initially in London, then in New York. In 1988, Jim joined SBC to start off a fixed income research group in London, and in 1991, he became Head of Global Research. Since 1995, Jim has been voted No. 1 by both Extel and Institutional Investor for his foreign exchange forecasting every year. Jim joined Goldman Sachs in October 1995 as Chief Currency Economist, and together with Gavyn Davies, he manages the GS Economics Group around the world. Jim divides his time between clients and the firm's proprietary traders, and is the source of the firm's official view on the major currencies.
Tim O’Neill Executive Vice-President and Chief Economist Bank of Montreal Group of Companies Dr. O'Neill was appointed to his current position in October 1994. He joined the Bank of Montreal in 1993 as Senior Vice President and Deputy Chief Economist. Prior to joining the Bank he held the position of President of the Atlantic Provinces Economic Council from 1988 to 1993. For 12 years before that he taught in the Department of Economics at St. Mary's University in Halifax. He served as a consultant to several provincial governments, as well as to the Canadian federal government. Dr. O'Neill is a native of Sydney, Nova Scotia. He received his B.A. degree (with Honours) at St. Francis Xavier University, his M.A. at the University of British Columbia, and his Ph.D. at Duke University, North Carolina. His academic awards include the Mackenzie King Scholarship and the Donner Fellowship. In his teaching, research and consulting activities, Dr. O'Neill focused extensively on the structure and performance of the North American economy. Areas covered in his publications and public presentations have ranged from macroeconomic forecasts and assessment of key sectors of the economy, to examination of broader themes such as the employment effects of technological change, and the economic impact of illiteracy. Dr. O'Neill is currently a Director of the Canadian Foundation for Economic Education and the ABC CANADA Literacy Foundation and is a member of the National Statistics Council. Dr. O’Neill is the first Canadian, non-U.S. based economist to be elected to the Board of Governors of the Washington-based National Association for Business Economists (NABE).
William Poole President, Federal Reserve Bank of St. Louis Mr. Poole took office on March 23, 1998, as the eleventh chief executive of the Eighth District Federal Reserve Bank, at St. Louis. He is currently serving a full term that began March 1, 2001. Mr. Poole was born on June 19, 1937, in Wilmington, Delaware. He received an A.B. degree in 1959 from Swarthmore College and an M.B.A. in 1963 and a Ph.D. in economics in 1966, both from the University of Chicago. Swarthmore honored him with a Doctor of Laws degree in 1989. Mr. Poole was assistant professor of Political Economy, The Johns Hopkins University, Baltimore, MD from 1963 to 1969. He began his career at the Board of Governors of the Federal Reserve System in the summer of 1964 and worked as a senior economist there from 1969 to 1974. In 1974, he joined the faculty at Brown University, Providence, R.I., twice served as chairman of the economics department, and for five years directed the university's Center for the Study of Financial Markets and Institutions. He was the Herbert H. Goldberger Professor of Economics there when he joined the Federal Reserve Bank of St. Louis. Throughout his career, Mr. Poole has served as a visiting scholar and an adviser at numerous institutions. From 1970 to 1990 he was a member of, and became senior adviser to, the Brookings Panel on Economic Activity, and from 1982 to 1985, he was a member of the Council of Economic Advisers. From 1985 until his appointment to the St. Louis Bank, Mr. Poole was an adjunct scholar at the Cato Institute and a member of the Shadow Open Market Committee. During this period he was also a member of the Academic Advisory Panels of the Federal Reserve Banks of New York and Boston. From 1989 to 1995, he served on the Congressional Budget Office Panel of Economic Advisors. In addition, he has been an adviser and consultant to the Federal Reserve Bank of Boston, a visiting scholar at the Federal Reserve Bank of San Francisco, and a visiting economist at the Reserve Bank of Australia. Mr. Poole wrote Money and the Economy: A Monetarist View, published in 1978, as well as numerous scholarly papers in professional journals, and was co-author of Principles of Economics, published in 1991. He is a director of United Way of Greater St. Louis and a member of the Chancellor's Council of the University of Missouri-St. Louis and Webster University Board of Trustees. An avid cyclist and sailor, Mr. Poole is married to Geraldine S. Poole; they have four adult sons.
Kenneth Prewitt Dean of the Graduate Faculty New School University The Honorable Kenneth Prewitt became Dean of the Graduate Faculty, the New School University in New York, in early 2001. Prior to that he was Director of the United States Census Bureau, serving from October 1998, until January 2001. He joined government service following a career in higher education and private philanthropy. From 1995 to 1998, he served as the President of the Social Science Research Council, a position he also held from 1979 to 1985. For ten years he was Senior Vice-President of the Rockefeller Foundation, where he directed the international Science-Based Development program involving activities in Asia, Africa and Latin America. He served for five years as the Director of the National Opinion Research Center, based at the University of Chicago. He taught for fifteen years at the University of Chicago, and for shorter periods, taught at Stanford University (where he received his Ph.D.), Columbia University, Washington University, the University of Nairobi, and Makerere University (Uganda). Dr. Prewitt is the author or co-author of a dozen books, and more than 50 contributions to professional journals and edited collections. Among his awards are a Guggenheim Fellowship, honorary degrees from Carnegie Mellon and Southern Methodist University, a Distinguished Service Award from the New School for Social Research, and The Officer's Cross of the Order of Merit from the Federal Republic of Germany, and numerous awards associated with his Directorship of the Census Bureau. As head of the Census his primary focus was on the operations of Census 2000 -- often described as the largest peacetime mobilization in history with a budget of approximately $7.5 billion and a permanent and part-time decennial staff that at peak was more than 900,000 persons. His duties involved numerous appearances before the U.S. Congress, cooperation with other federal agencies, dozens of press conferences and related media events, and hundreds of meetings with officials and stakeholders across the country. Dr. Prewitt is presently writing two books on the census, one describing the history, politics, and operations of the U. S. census and the other a more detailed examination of the civic mobilization effort that improved levels of public cooperation in Census 2000. He has been elected Fellow of the American Academy of Arts & Sciences, the Center for Advanced Study in the Behavioral Sciences, and the American Association for the Advancement of Science, and has been an officer or served on the Board of each of these organizations as well as 20 additional nonprofit boards. He has also served on advisory boards to the World Bank, the World Health Organization, and UNESCO. Born March 16, 1936, in Alton, Ill., Dr. Prewitt has two children by his first marriage, and is now married to Susan Vogel, an art historian and film-maker.
Harvey Rosenblum Senior Vice President and Director of Research Federal Reserve Bank of Dallas NABE President-Elect Harvey Rosenblum is senior vice president and director of research of the Federal Reserve Bank of Dallas. In this capacity, he serves as economic policy advisor to the Bank's president and as an associate economist for the Federal Open Market Committee, which formulates the nation's monetary policy. A widely recognized expert on both the national and Texas economies, Rosenblum has written articles for such publications as the Journal of Finance, New York Times, Southwest Economy and The Handbook of Banking Strategy. He also is a visiting professor of finance and economics at Southern Methodist University, teaching courses in commercial bank management, contemporary issues in monetary policy and macroeconomics. He taught at the University of Oregon as visiting professor of finance for the 1977–78 academic year. Additionally, he serves as the chairman of the Business Executives Advisory Council to the Department of Economics, Dedman College, Southern Methodist University. Rosenblum received a B.A. in economics from the University of Connecticut in 1965 and an M.A. and Ph.D. in economics from the University of California, Santa Barbara, in 1970 and 1972, respectively. He began his career with the Federal Reserve in 1970 as an economist with the Federal Reserve Bank of Chicago, advancing to assistant vice president (1976), vice president and economic advisor (1979) and vice president and associate director of research (1983). He was also a visiting professor of finance with DePaul University from 1973 until 1985, when he was appointed senior vice president and director of research at the Dallas Fed. Rosenblum's current research interests center on banking structure and regulation, electronic money and U.S. saving rates.
Anthony M. Santomero President Federal Reserve Bank of Philadelphia Dr. Santomero took office on July 10, 2000, as the ninth chief executive of the Third District Federal Reserve Bank, at Philadelphia. He is currently serving a five-year term that began on March 1, 2001. He is also chairman of the Mayor's Council of Economic Advisors for the City of Philadelphia, chairman of the Economic Advisory Board of the Stockholm Institute for Financial Research, a member of the Visiting Committee for the School of Business at the University of Delaware, the Advisory Committee for the Wharton Financial Institutions Center, and a member of the Advisory Board for the European Banking Report. Before joining the Federal Reserve, Dr. Santomero spent 28 years in various academic and managerial positions at the University of Pennsylvania's Wharton School. In April 1984 he was named the Richard K. Mellon Professor of Finance at the Wharton School. During his tenure at the Wharton School, he served as deputy dean of the school, vice dean and director of the graduate division, associate director of the doctoral program, and co-chairman of the Finance Department. He also served as the director of the Wharton Financial Institutions Center, which focuses academic research on the financial services industry. Dr. Santomero is a leading authority on the financial services industry, risk management issues in financial institutions, and financial regulation. He has served as a consultant to major financial institutions and regulatory agencies throughout North America, Europe, and the Far East. During his career, Dr. Santomero has written more than 100 articles on banking, financial regulation, and economic performance, as well as several books. His textbook, Financial Markets, Instruments, and Institutions, is used widely. He is the founding co-editor of the Brookings-Wharton Papers on Financial Services and serves on several major academic editorial boards. He received his A.B. in Economics from Fordham University in New York and his Ph.D. in Economics from Brown University, Providence, Rhode Island. He also holds an honorary doctorate in Economics from the Stockholm School of Economics. Dr. Santomero was born on September 29, 1946, in New York. He has lived in the Philadelphia area since 1972 and is married with two adult children.
Dr. R. Keith Schwer Director, The Center for Business and Economic Research University of Nevada-Las Vegas R. Keith Schwer is director of The Center for Business and Economic Research and a member of the UNLV Economics Department faculty. Specializing in economic impact analysis, econometric modeling, feasibility analysis, and survey research, Dr. Schwer is recognized as an authority on the business and economic environment of Las Vegas, the state of Nevada, and the region. He manages the annual Las Vegas Perspective survey, serves on numerous state and local advisory boards, and acts as a resource person for televison, radio, and print media. Professor Schwer has more than 25 years of experience in business and economics research in major university programs in Maryland, Nevada, Oklahoma, Tennessee, Vermont, and Wyoming. He authors many reports and conducts both basic and applied research. Some of his recent academic research has appeared in the Annals of Regional Science, Journal of Applied Economics, the Review of Regional Studies, the Journal of Gambling Studies, the Journal of Insurance Issues, Review of Black Political Economy, Environment and Planning A, Journal of Cultural Economics, Environment and Behavior, Journal of Travel Research, International Regional Science Review, Journal of Media Economics, and the Journal of Applied Business Research. He is a member of the American Economic Association, the Western Economics Association, the Western Regional Science Association, and the Southern Nevada Area Population Projections and Estimation Committee. He received his PhD in economics from the University of Maryland, and has two decades of teaching experience at the undergraduate and graduate levels.
Robert G. Scott President and COO Morgan Stanley Dean Witter Robert G. Scott is President and Chief Operating Officer of Morgan Stanley & Co., a global financial services firm with leading franchises in investment banking, asset management and credit services. He is a member of the Company's Board of Directors and Management Committee. Mr. Scott was a member of the Morgan Stanley senior management team, which structured the 1997 merger with Dean Witter Discover, as well as head of the Morgan Stanley transition team for the merger. Mr. Scott was named Chief Financial Officer of Morgan Stanley Dean Witter at the time of the merger and became President in 2001. Mr. Scott joined Morgan Stanley in 1970 and became a Managing Director in 1979. Prior to the merger, Mr. Scott held a number of positions with worldwide responsibility including, Director of Investment Banking from 1994 to 1996, Director of Corporate Finance from 1992 to 1994 and Director of Capital Market Services from 1985 to 1992. Mr. Scott was born in Montclair, New Jersey in 1946. He received his Bachelor's degree in Economics from Williams College in 1968, and his MBA from the Stanford University Graduate School of Business in 1970. Mr. Scott serves as Chairman of The Seeing Eye Inc., Executive Vice President of the Greater New York Council of the Boy Scouts of America and President of the American Museum of Fly Fishing. He is also a member of the Advisory Council of the Stanford University Graduate School of Business. Mr. Scott has five children. Mr. Scott and his wife Karen live in New York City. He is an avid fly fisherman, golfer and downhill skier.
James Patrick Seifert Strategy and Busines Development Manager Agere Systems Mr. Seifert is a Strategy & Business Development Manager with Agere Systems, the recent spin-off of Lucent Technologies Microelectronics Group. In his role, Mr. Seifert is responsible for Strategic Planning and Business Development activities for Agere's Integrated Circuit and Optoelectronic Components businesses, including work supporting Agere's Initial Public Offering (IPO) in March, 2001. Prior to the spin-off of Agere, Mr. Seifert held similar positions with the Microelectronics Group of Lucent Technologies and, prior to the creation of Lucent in 1996, AT&T Microelectronics. Mr. Seifert has also held various positions in Marketing, Finance, Product Management, Logistics and Systems Development. Mr. Seifert has over 18 years experience in the semiconductor industry. In July 2000, Mr. Seifert was elected to the Board of Directors of the World Semiconductor Trade Statistics organization, and has been a regular member of both the WSTS and the SIA's' Statistics Committee. Mr. Seifert holds a Bachelor of Arts degree in Business Management from DeSales University, and a Master of Science degree in Management Science from Lehigh University. He and his wife, Linda, reside in Bethlehem, Pennsylvania, with their two children.
Charles Steindel Senior Vice President Federal Reserve Bank of New York Education Ph.D., Economics, Massachusetts Institute of Technology, 1977. B.S., Mathematics, Emory University, 1973. Employment Senior Vice President, Business Conditions Function, Federal Reserve Bank of New York. 1985 - present. First National Bank of Chicago. May 1981-August 1985. Federal Reserve Board, Washington, D.C. September 1977 - May 1981. Professional Associations American Economic Association National Association for Business Economics Money Marketeers of New York University (President, 1999-present). Forecasters Club of New York (Vice President, 1998-present).
Susan M. Sterne President & Chief Economist Economic Analysis Associates, Inc. Susan M. Sterne is a leading authority on the consumer sector of the U.S. economy. She is president & chief economist of Economic Analysis Associates, Inc., which provides research on the consumer sector and related securities to institutional investors and industry. Mrs. Sterne's expertise extends to all aspects of the consumer, including quantitative, demographic, and behavioral. Her approach is mostly "bottom up" and includes detailed company analysis together with primary economic research. Interest rate and GDP forecasts based on this approach have won recognition for accuracy in two Wall Street Journal polls, and Mrs. Sterne is one of the invited economists who input into the National Association of Business Economists and Federal Reserve Bank of Philadelphia forecasts. Prior to founding Economic Analysis Associates in 1979, Mrs. Sterne was vice president and manager of the Consumer Research Group at Salomon Brothers and had previously held economic research posts with other Wall Street firms including Faulkner, Dawkins & Sullivan, Cyrus J. Lawrence, Inc. and Goldman Sachs and Company. She has served on advisory boards of the U.S. Department of Commerce and the University of Michigan Survey Research Center and is past chairman of the Conference of Business Economists. In addition to her consulting services, Mrs. Sterne has authored the monthly Consumer Monitor since 1975. Typical clients include corporations and financial institutions.
Kevin Stiroh Senior Economist Federal Reserve Bank of New York Fields: Performance of Financial Institutions. Growth and Productivity. Education: Ph.D., Economics, Harvard University, Cambridge MA, June 1995. M.A., Economics, Harvard University, Cambridge MA, June 1995. B.A., Economics and Psychology, Swarthmore College, Swarthmore PA, June 1989, Phi Beta Kappa, Distinction in Economics. Employment Senior Economist, Federal Reserve Bank of New York, New York NY, 2000-present. Economist, Federal Reserve Bank of New York, New York NY, 1999-2000. Economist, The Conference Board, New York NY, 1997-1999. Research Fellow, Program on Technology and Economic Policy, Kennedy School of Government, Cambridge MA, 1995-1999. Assistant Professor, Department of Economics, Bentley College, Waltham MA, 1995-1997. Teaching Experience Undergraduate Level: Business Statistics, Money and Banking, Macroeconomics, Bentley College, 1995-1997. Graduate Level: Economic Environment of the Firm, MBA, Bentley College, 1997. Undergraduate Level: Principles of Economics, Teaching Fellow, Harvard University, 1992-1995.

Tom S. Witt Professor, Director, and Associate Dean, Research and Outreach West Virginia University Education: Ph.D. Economics, Washington University (St.Louis), 1974 A.M. Economics, Washington University (St.Louis), 1968 B.A. Economics, Oklahoma State University, 1966 Current Positions: Associate Dean, Research and Outreach, College of Business and Economics Director, Bureau of Business and Economic Research, College of Business and Economics Professor of Economics Selected Previous Positions: Acting Associate Dean, College of Business and Economics, West Virginia University, 1985-1986 Acting Director, Bureau of Business Research, West Virginia University, 1985 Associate Professor of Economics, West Virginia University, 1975-80 Acting Assistant Dean, Graduate School, West Virginia University, 1977-78 Assistant Professor of Economics, West Virginia University, 1970-75 Research Interests: Energy and public utility economics, regional econometric modeling, and regional economics
Richard Wobbekind Professor of Finance University of Colorado Degree: Ph.D., University of Colorado, 1984 Title: Associate Dean of External Relation, Professor of Finance, Director of Business Research Division Academic Department: Finance Honors and distinctions: University of Colorado at Boulder Community Service Award, 1997; Professor of the Year, University of Colorado M.B.A./M.S. Association, 1987, 1991 Professional Affiliations: Past president, Association for University Business and Economic Research; Past president, Denver Association of Business Economists Research Interests: Public policy, macroeconomic forecasting, regional economic development, the economics of salary arbitration Teaching Interests: Macroeconomics, public policy

2001 Annual Meeting Speakers