To: Richnorth who wrote (80414 ) 12/31/2001 11:22:36 PM From: long-gone Read Replies (1) | Respond to of 116753 The Federal Reserve: Reality Vs. Myth U.S. Newswire 28 Dec 11:47 The Federal Reserve: Reality Vs. Myth -- Conference, Jan. 7 To: Assignment Desk, Daybook Editor Contact: Jake Lewis, 202-387-8030 News Advisory: Leading economists and long-time Fed watchers will participate in a day-long conference on the performance of the Federal Reserve System at the National Press Club January 7. The conference will examine the realities of the Federal Reserve versus the myths that have grown up around the institution since its formation in 1913. Keynote speaker at a luncheon session will be James K. Galbraith, Ph.D, Professor of Public Affairs and Government, at the LBJ School, University of Texas, who has lectured and written extensively on the Federal Reserve System. Among other participants will be William Greider, journalist and author of Secrets of the Temple, a widely-acclaimed book on the inner workings of the Federal Reserve; Tom Schlesinger, Director of the Financial Markets Center which conducts and publishes major research on the Federal Reserve; Jeff Faux, President of the Economic Policy Institute; Robert Auerbach, Ph.D, professor at the University of Texas; and former chief economist of the Banking Committee of the House of Representatives where he conducted investigations and studies of the Federal Reserve. Also scheduled to speak at the conference are Sheldon Friedman, economist, AFL-CIO, who has researched and written extensively on the Federal Reserve System and its impact on jobs; Kenneth Thomas, Ph.D, lecturer on finance at Wharton School and writer and expert witness on regulatory issues involved in bank mergers and the enforcement of the Community Reinvestment Act by the Federal Reserve; Jim McTague, Washington editor of Barron's; Walker Todd, former assistant counsel and research officer, Cleveland Federal Reserve Bank; as well as representatives of community organizations which monitor the Federal Reserve's performance on fair lending and the Community Reinvestment Act. Federal Reserve Chairman Alan Greenspan has been invited to speak at the conference. The conference is sponsored by Ralph Nader and the Center for Study of Responsive Law. KEYWORDS: ADVISORY, GOVERNMENT usnewswire.com -0- /U.S. Newswire 202-347-2770/ 12/28 11:47 Copyright 2001, U.S. Newswire usnewswire.com