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Financial legend Paul Volcker, former Chairman of The Federal Reserve, will talk about the current state of our economy when he gives the 11th Annual Benjamin Menschel Distinguished Lecture at The Cooper Union.

Volcker was chairman of the Board of Governors of the Federal Reserve System from August 1979 to August 1987 under Presidents Jimmy Carter and Ronald Reagan. He is credited with playing the leading role in ending a period of high and rising inflation and restoring a base for sustained growth. Additionally, he was the Chairman of the Economic Recovery Advisory Board under President Barack Obama from February 2009 until February 2011. The eponymous Volker Rule, which is part of the Dodd-Frank Wall Street Reform and Consumer Protection Act enacted in 2010, seeks to limit proprietary trading by banks. It is slated for implementation in July 2012.

This lecture is made possible by the Benjamin Menschel Distinguished Lectureship, established with a generous grant from The Horace W. Goldsmith Foundation. In its 11th year, this highly regarded lecture series has provided a public platform for some of the most renowned scientists, historians, economists and intellectuals of our time.

Official Website: http://cooper.edu/events-and-exhibitions/events/paul-a-volcker

Added by ilyse_fink on March 6, 2012

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