Scarsdale Forum Presents Panel on the Global Economy

The Scarsdale Forum invites all Scarsdale residents to attend its December 8th Public Forum and Membership Meeting on Thursday December 8th 2016 at 7:30pm in the Scott Room of the Scarsdale Public Library, 54 Olmsted Road. This event is free and open to the public.

The Scarsdale Forum, which is dedicated to education the public on all matters of civic importance, is pleased to present a panel discussion on "The Global Economy-What Lies Ahead" featuring a panel of Scarsdale Residents Norman Bernstein, Timothy Foley, Mayra Rodríguez Valladares and Robert Selvaggio (biographies below).

The US election resulted in a largely unexpected victory for Donald Trump. Analysts, legislators, and pundits are now in a frenzy trying to predict what a Trump presidency might mean for all sectors of the US economy and a wide range of international initiatives. At the same time, a slowdown in the Chinese and Mexican economies, uncertainty surrounding BREXIT, and challenges in the Middle East will also have a significant impact on the US economy.

The panel will present on the economy, financial sector reform, Obamacare, and US environmental policies. After a brief presentation, panelists will encourage comments and questions from the audience.

Norman Bernstein is a member of N.W. Bernstein LLC. He has forty years' experience as a business transnational lawyer and litigator and more than twenty years' experience in environmental law. His practice focuses on Federal trial court and appellate litigation, environmental problem solving including advice on new environmental regulations and their business impacts, Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) cost recovery, structuring environmentally challenged deals to control risk, cost effective environmental cleanups, environmental rule makings, and defense or prosecution of environmental related claims. His B.A. is in History from Columbia College and his LL.B and J.D. are from Columbia Law School.

Timothy Foley is the Political Director for the Committee of Interns and Residents/SEIU Healthcare, a labor union for resident physicians, as well as the Secretary-Treasurer for the SEIU State Councils in both the New Jersey and the Maryland-DC regions. He sits on the steering committee for the Metro New York Health Care for All Campaign, a New York City-based multi-constituency health care justice coalition, as well as for the Save Our Safety-Net Campaign, a community-labor coalition that focuses on the issue of hospital closures that disproportionately affect lower-income families and communities of color. His AB in English is from Harvard College.

Stephan Meili is a Managing Director at Citi leading the Convergence Risk effort for the investment and corporate bank. Previously, he was Global Head of Market Risk for Securitized Products Trading and Municipal Derivatives at Barclays. Stephan has over years of financial markets experience in Europe, US and Asia ranging from risk management (market, credit and operational risk) and asset management to quantitative modeling for investment banks, asset managers and consulting firms. Furthermore, he has represented banks at industry forums and conferences on financial regulation and has taught courses on derivatives, regulation and risk management at the Federal Reserve Bank and at Columbia University. He holds a MS in Finance from Northwestern University and a degree in economics and business administration from the University of Basel, Switzerland. He is also a CFA, FRM and CAIA charterholder.

Mayra Rodríguez Valladares is Managing Principal of MRV Associates a capital markets and bank regulatory consultancy. She has over 25 years' experience working with financial institutions and bank regulators globally. She has over 80 publications about bank regulations, capital markets, and commodity markets. She holds an AB in Russian and Soviet Studies from Harvard and Radcliffe Colleges, an MA in International Relations from The University of Pennsylvania, and an MBA from The Wharton School. She is a Raoul Wallenberg Fellow from Hebrew University.

Robert Selvaggio is Co-Owner and Head of Analytics at Rutter Associates. Rutter Associates provides advisory services in the areas of market risk management, credit risk and credit portfolio management including analysis of Collateralized Loan Obligations (CLOs) and other structured products, economic capital and risk adjusted performance measurement, valuation and model review of exotic derivatives and hard-to-value assets and liabilities, and litigation support. He has a BA in Economics and Mathematics from the University of Pennsylvania and a PhD in Economics from Brown University.

In addition to the panel, there will also be a demonstration by the Forum's Sustainability Committee of easy zero-waste practices for your home and office.

The portion of the evening dedicated to Forum members will include votes on a previously released reports. All reports are available on their website www.scarsdaleforum.com; or, you can contact our office for reprints at [email protected] or (914)723-2829.

Scarsdale residents who wish to vote on reports may join Scarsdale Forum prior to the December 8th meeting.