News Detail

Media Advisory: Tepper School Economist Marvin Goodfriend Available to Comment on Market Volatility

Release Date: Nov 12, 2007

Weakening U.S. Currency, Subprime Losses, Recession Potential Among Concerns Causing Market Jitters

WHO: Marvin Goodfriend, professor of economics at the Tepper School of Business at Carnegie Mellon, and former senior vice president, policy advisor and research director at the Federal Reserve Bank of Richmond.

WHAT: Comments/perspective in light of continued global market volatility and the weakness of the U.S. dollar.

WHY: Professor Goodfriend is a leading authority on monetary policy and global financial markets, and is chairman of the Galliott Center for Public Policy at the Tepper School.  His years at the Federal Reserve Bank of Richmond included service as senior vice president, policy advisor and director of research. He also served as Senior Staff Economist for President Ronald Reagan's Council of Economic Advisors, and has conducted economic studies at the European Central Bank, Swiss National Bank and International Monetary Fund.

AVAILABILITY:  Monday and Tuesday; Thursday and Friday, via phone or on-camera/live interview

CONTACT:   Geof Becker or Scott Addison
  (412) 268-3486 / (212) 220-4444
 gbecker@andrew.cmu.edu / scott.addison@gabbe.com