General Meeting #8
October 25, 2011
USIT Social: Pease Park
Fri., Oct 28 @ 4:30p
Portfolio Overview
Economic F&F
• “In 2000, at the end of the previous economic expansion, the median American family made about $61,000, according to the Census Bureau’s inflation-adjusted numbers. In 2007, in what looks to have been the final year of the most recent expansion, the median family, amazingly, seems to have made less —about $60,500.”
Stagnating Wages?
“You can think of this as the most basic test of an economy’s health: does it produce ever-rising living
standards for its citizens?”
In the second half of the 20th century, the United States passed the test in a way that arguably no other country ever has… Now, though, most families aren’t
getting any richer.
USIT Social: Pease Park
Fri., Oct 28 @ 4:30p
Economic F&FMedian Total Real Wages / Hour
o Wages increasingly include non-monetary benefitso Average American citizen works fewer hours / wk
o USIT Social this Friday at 4:30po Most importantly, 25% decline in persons / house
Economic F&F
USIT Social: Pease Park
Fri., Oct 28 @ 4:30p
Stock Pitch
Membership Voting
Is this stock investment grade?
BofAML Presentation
• AT&T Executive Center, Room 103
• Company representatives from the following divisions:
– Investment Banking
– Capital Markets (Sales & Trading)
– Commodities Trading
• Food and beverages provided
• Business casual required, professional recommended
Wednesday, November 9th, 7:00 – 9:00 PM
USIT Social: Pease Park
Fri., Oct 28 @ 4:30p
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