Alumni, faculty and students to discuss economic crisis at open forum

March 25, 2009

University Park, Pa. -- The College of the Liberal Arts faculty, alumni, and students will convene for a forum on the current state of the United States’ economy from 3:30 to 4:45 p.m. Thursday, March 26, in 112 Kern Building on Penn State's University Park campus. The forum is open to the public.

In the past six months the U.S. economy has taken a serious downturn, and financial matters continue to deteriorate. To counteract the crisis, former President Bush late in 2008 signed legislation designed to “bail out” banks and other financial institutions, and President Obama has just signed a $787 billion economic stimulus package.

Five leading authorities — three prominent and successful Liberal Arts alumni and two Penn State economists — will come together to discuss the impact of recent changes in the financial system, the national economy, and the global economic scene. They will suggest to undergraduates where new opportunities may lie, and provide coping strategies. A question-and-response period by students will be available.

The forum will feature the following experts with backgrounds in financial services and securities, education, the insurance industry, and new media;

-- Russell Chuderewicz, professor with expertise in macroeconomic policy who teaches courses in money and banking and in macroeconomic analysis;

-- Ray Lombra, a specialist in monetary economics with a focus on central bank policy, financial markets, and international finance, who formerly worked at the Federal Reserve System;

-- Cathy McKeon, chief executive officer of Kemark Financial Services and a Liberal Arts alumnus. An expert on financial services and securities with over 25 years of experience, she brings corporate experience from her work in a publicly held Fortune 500 company as well as in one of the world’s largest consulting firms;

-- Mike Mitrovic, president of IronPro Claims and Liberal Arts alumnus. Prior to his current position at IronPro Claims, the professional liability insurance arm of Ironshore Inc., he co-founded Global Specialty Risk and served as its president. An expert in the insurance industry, he had been vice president of claims for AIG and president of AIG Worldwide Financial Lines Claims; and

-- Joanna Shields, executive vice president, AOL, and president, AOL People Networks. A Liberal Arts alumnus, with over 20 years of leadership experience in technology and internet companies she has served as vice president, International, for RealNetworks; managing director for Google; CEO of Veon; and vice president of worldwide sales at Electronics for Imaging (EFI).

The forum is sponsored by the Paterno Liberal Arts Fellows Program, the Business and the Liberal Arts minor, and the College of the Liberal Arts.



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Last Updated January 09, 2015