Federal Reserve’s Jeffrey Lacker to keynote GBC�s Oct. 30 Business Outlook Conference

Jeffrey M. Lacker, president of the Federal Reserve Bank of Richmond, will be the featured speaker at the Greater Baltimore Committee’s Business Outlook Conference on October 30, 2006 at the Baltimore Convention Center.

Lacker, who currently serves as a voting member of the Federal Open Market Committee, which sets the direction of federal monetary policy, will discuss issues that will shape the regional and national economy in 2007.

The program will also include a panel discussion featuring J. Michael “Mike” Hayes, director of Maryland Military and Federal Affairs for the Maryland Department of Business and Economic Development; Anirban Basu, chairman and CEO of Sage Policy Group; and Jonathan Murray, senior vice president, wealth management, for Smith Barney.

Hayes and Basu will discuss the impact on the Baltimore region of the ongoing federal base realignment and closure (BRAC) process. Murray will discuss personal investment strategies for 2007.

Dr. Lacker serves as the chief executive of the Federal Reserve’s Fifth District, which includes Maryland. The district also includes Virginia, North Carolina, South Carolina, most of West Virginia, and the District of Columbia. Lacker is the author of numerous articles in professional journals on monetary, financial, and payment economics.

Hayes, a retired Brigadier General in the U.S. Marine Corps, has served in his DBED position since April 1999, when he retired from the corps. He is designated by the Maryland General Assembly as the coordinating agent for the implementation of BRAC in Maryland.

Basu, a popular local radio and print commentator on economic issues, has authored numerous economic and fiscal analyses for business clients. He has crafted economic development strategies for government agencies and business development organizations in Maryland. He is also a Senior Lecturer at Towson University on micro-, macro-, and international economics.

Murray, a wealth management specialist at Smith Barney and previously at Legg Mason, is widely known for his radio commentary on the topics of finance and investment strategy. In addition to serving as a daily financial analyst for WBAL Radio, he is a regular contributor for NBC’s Today Show, and appears every Tuesday morning on CNBC.

Sponsors of the GBC Business Outlook Conference 2007 are: GBC Corporate Sponsor MedStar Health, and Program Sponsors Comcast, The Daily Record, KAWG&F, P.A., Maryland Port Administration, Smart & Associates, St. Agnes Hospital, Towson University, and Whiteford, Taylor & Preston, LLP.

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