Financial experts to discuss economic crisis

11/7/2008 - By: Claudene Wharton

Nevada business leaders and professionals will get a unique opportunity at the Nevada Business Summit on Nov. 17 to hear what experts from the Federal Reserve, banking industry and University think will happen in the post-election economy, and how this might influence Nevada.

Hosted by the College of Business at the University of Nevada, Reno, the College’s dean, Gregory Mosier, says the Summit is designed to help Nevada business professionals learn more about the scope of the current economic crisis and how to survive it, both on business and personal levels.

“This type of program represents the way that the University can be responsive to community and state needs, filling our outreach mission to the state and region,” he said. “We are bringing in world-class expertise to discuss what we can expect in the state, national and global economy now that the elections are over.”

Fred Furlong and Alan Rabkin will be the keynote speakers. Furlong has been with the Federal Reserve Bank of San Francisco for more than 25 years and is currently vice president of financial and regional research there. He has coauthored three books, on economics, financial stability, and financial modernization and regulation. His presentation at the Summit will be on policy responses to financial crisis.

Rabkin is a nationally known banking attorney with the Nevada law firm Jones Vargas. He represents the Nevada Bank Association, and is not only licensed to practice law in Nevada, California and Arizona, but also in England, Wales, Ireland and Scotland. His presentation will focus on the business of banking and what it may look like one year from now.

The University will convene a panel of its professors of economics, including Elliott Parker, Thomas F. Cargill, Mark Pingle and Federico Guerrero. The panel represents a broad spectrum of economics expertise, including international finance, financial markets, monetary policy, and behavioral economics. They will discuss the current financial crisis and its causes, global factors affecting the United States, and more.

The Summit will be held at the University’s Joe Crowley Student Union. Registration begins at 7:30 a.m., and the program will run 8:30 a.m. – 2 p.m. Lunch and refreshments are provided as part of the $149 registration fee.


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