Charlotte Economics Club Local Chapter of the National Association for Business Economics

Phone: (704) 319-2288 Fax: (704) 319-2289 P.O. Box 49394, Charlotte, NC 28277

Email: admin@charlotteeconclub.org http://www.CharlotteEconClub.org

CHARLOTTE ECONOMICS CLUB The Mid-Year Review

“In the Eye of the Storm”

Monetary and Financial Crises and the Looming Inflation Threat

with John Ryding (one year later!)

Tuesday, June 17, 2008

from 12:00 - 1:30 PM The Charlotte City Club, 121 West Trade Street $33 CEC Members; $45 Non-Members/Guests Register online at www.charlotteeconclub.org

The damaging winds of the credit crisis have been felt by both those on Wall Street and all of us down on Main Street. But some have been closer to the center of the storm. As Chief US Economist for Bear Stearns, John Ryding has had a unique opportunity to watch the crisis unfold, from its onset in the sum-mer of 2007 to more recently with some of its most damaging effects. Please join the CEC as we welcome back Mr. Ry-ding, one year later to the date, as he provides us with his unique insight into the events of the last year, their lingering effects and what it means for the financial markets and the real economy going for-ward. Please register early as the City Club will fill quickly for this event. To register online, please see our website, or for additional information, contact our Administrator, Norie Sanchez, at 704-319-2288.

John Ryding (former) Chief US Economist (of the former) Bear Stearns

As a noted author, Mr. Ryding is a frequent guest on ABC, CNBC, CNN, the Fox News Channel, Bloomberg TV and the BBC. As such, he is one of the most traveled and sought after speakers on the street today, particularly due to his bird’s eye view of the developing credit crisis. Before joining Bear Stearns in 1991, he served as Senior Economist on the Federal Reserve of New York’s Open Market Desk. During that time, he published biweekly reports on financial market developments and open market operations for the FOMC. Mr. Ryding graduated from Sidney Sussex College, Cambridge University, England and began his career with the economics division of the Bank of England as Senior Econometric Advisor. From this office, he published numerous articles on the demand for money, econometric and macroeconomic modeling, and foreign exchange intervention in various academic journals. He quickly rose to the head of the Bank’s Economic Forecasting Group, becoming the youngest Economic Advisor in the Bank’s history. In this role, he advised senior officials on the balance of payments, exchange rate developments and their impact on monetary policy. In addition, he served as the Bank’s chief liaison to the OECD, the European Commission and the Bank for International Settlements. When not traveling the globe, his primary responsibilities lie as husband to his wife Nancy and father to his two children, Ian and Maria.