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Dr. Roger W. Ferguson, Jr. (born October 28, 1951 in Washington, D.C.) is the Chairman of Swiss Re America Holding Corporation and Head of Financial Services and member of the Executive Committee for Swiss Re, a leading, global reinsurance company. Dr. Ferguson joined Swiss Re in June 2006. Image File history File links File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...
is the 301st day of the year (302nd in leap years) in the Gregorian calendar. ...
Year 1951 (MCMLI) was a common year starting on Monday (link will display the full calendar) of the Gregorian calendar. ...
For other uses, see Washington, D.C. (disambiguation). ...
30 St Mary Axe - at 180 m, Swiss Res London headquarters is the 6th tallest building in London Swiss Re is the worlds second-largest reinsurance company (after Munich Re/ Münchener Rück), and the worlds largest life and health reinsurer. ...
Dr. Ferguson is the former vice chairman of the Board of Governors of the Federal Reserve System and voting member of the FOMC. He originally took office on November 5, 1997, as a member of the Board to fill an unexpired term ending January 31, 2000. Dr. Ferguson was then sworn in on July 26, 2001, as a member of the Board of Governors to a full 14-year term originally ending January 31, 2014. However, Dr. Ferguson offered his resignation to President Bush in February 2006, with his service ending on April 28, 2006. As Vice Chairman, among other duties, Dr. Ferguson represented the Federal Reserve in international policy groups. He was also engaged in banking regulatory, financial stability and payments systems matters. The Federal Reserve System is headquartered in the Eccles Building on Constitution Avenue in Washington, DC. The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central bank of the United States. ...
The Federal Open Market Committee (FOMC) is charged under the law with overseeing open market operations, the principal tool of national monetary policy. ...
is the 309th day of the year (310th in leap years) in the Gregorian calendar. ...
For the band, see 1997 (band). ...
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Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ...
is the 207th day of the year (208th in leap years) in the Gregorian calendar. ...
Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ...
is the 31st day of the year in the Gregorian calendar. ...
2014 (MMXIV) will be a common year starting on Wednesday of the Gregorian calendar. ...
is the 118th day of the year (119th in leap years) in the Gregorian calendar. ...
In December 2007, Roger Ferguson will be a Guest of the American Academy in Berlin, Germany. International Policy Positions Between July 1998 and March 2000, Dr. Ferguson served as Chairman of the Joint Y2K Council. The Council, supported by the Bank for International Settlements, was formed to address issues associated with the Year 2000 computer challenge within the global financial supervisory community. BIS Headquarters in Basel The Bank for International Settlements (or BIS) is an international organization of central banks which exists to foster cooperation among central banks and other agencies in pursuit of monetary and financial stability. It carries out its work through subcommittees, the secretariats it hosts, and through its...
This article is about the millennial computer glitch. ...
Dr. Ferguson also served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. Formed in September 1999 at the request of the finance ministers and central bank governors of the G-10, the Working Party examined the causes of consolidation in the financial sector and its potential effects. The Working Party released its final report on January 25, 2001. G10 countries. ...
The finance minister is a cabinet position in a government. ...
During 2003, Dr. Ferguson became the Chairman of the Committee on the Global Financial System (CGFS), a central bank panel that monitors and examines broad issues related to financial markets and systems. He also became the Chairman of the Financial Stability Forum (FSF), which promotes international financial stability through information exchange and international cooperation in financial supervision and surveillance. The Forum brings together on a regular basis national authorities responsible for financial stability in significant international financial centers. In his role as Chairman of the CGFS, Ferguson monitored financial markets and reported on financial conditions and financial stability to the Group of Ten (G10) Central Bank Governors. As Chairman of the FSF, Ferguson had a similar monitoring and reporting role for the Group of Seven (also known as the G8) Finance Ministers and Central Bank Governors. He also presented an opening statement at the semi-annual meetings of the International Monetary and Financial Committee of the International Monetary Fund. The Global Financial System refers to those financial institutions and regulations that act on the international level, as opposed to those that act on a national or regional level. ...
Financial supervision is government supervision of financial institutions by regulators. ...
G10 countries. ...
Group of Eight redirects here. ...
âIMFâ redirects here. ...
Employment History Before becoming a member of the Board, Dr. Ferguson was a Partner at McKinsey & Company, an international management consulting firm. He was based in New York City and he managed a variety of studies for financial institutions from 1984 to 1997. Dr. Ferguson also served as Director of Research and Information Systems, overseeing a staff of 400 research professionals and managing the firm's investments in knowledge management technologies. McKinsey & Company is a privately owned management consulting firm that focuses on solving issues of concern to senior management in large corporations and organizations. ...
Knowledge Management (KM) comprises a range of practices used by organisations to identify, create, represent, and distribute knowledge for reuse, awareness and learning. ...
From 1981 to 1984, Dr. Ferguson was an attorney at the New York City office of Davis Polk & Wardwell, where he worked with commercial banks, investment banks, and Fortune 500 corporations on syndicated loans, public offerings, mergers and acquisitions, and new product development. Davis Polk & Wardwell is one of the most prestigious and profitable law firms in the world and is headquartered in New York. ...
A commercial bank is a type of financial intermediary and a type of bank. ...
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The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ...
A syndicated loan (or syndicated bank facility) is a large loan in which a group of banks work together to provide funds for a borrower. ...
âIPOâ redirects here. ...
The phrase mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow rapidly without having to create another business...
In business and engineering, new product development (NPD) is the term used to describe the complete process of bringing a new product or service to market. ...
On October 11, 2005, Lawrence Kudlow stated that he believes Alan Greenspan is pushing his name to the Bush Administration for the appointment of the Federal Reserve Chairmanship (although that position eventually went to fellow governor Ben Bernanke.) As a supply-side economist, Kudlow said he was worried that Ferguson would follow a Neo-Keynesian policy and would oppose the Bush Administration's economic policy. Lawrence (Larry) Kudlow (born August 19, 1947), is an American conservative, supply-side economics enthusiast and television personality. ...
Alan Greenspan (born March 6, 1926 in New York City) is an American economist and was Chairman of the Board of Governors of the Federal Reserve of the United States from 1987 to 2006. ...
Ben Shalom Bernanke[1] (born December 13, 1953) (pronounced ber-NAN-kee, bÉr-nan-kÄ or ), is an American economist and current Chairman of the Board of Governors of the United States Federal Reserve. ...
Supply-side economics is a school of macroeconomic thought which emphasizes the importance of tax cuts and business incentives in encouraging economic growth, in the belief that businesses and individuals will use their tax savings to create new businesses and expand old businesses, which in turn will increase productivity, employment...
Keynesian economics, or Keynesianism, is an economic theory based on the ideas of John Maynard Keynes, as put forward in his book The General Theory of Employment, Interest and Money, published in 1936 in response to the Great Depression of the 1930s. ...
On February 22, 2006, Roger W. Ferguson sent his resignation letter to Bush citing "he wanted to pursue other professional opportunities". His resignation came into effect on April 28, 2006. On June 19, 2006, Swiss Re announced the appointment of Roger W. Ferguson, Jr., as Chairman of Swiss Re America Holding Corporation and Member of Swiss Re's Executive Board. On October 3, 2006, Swiss Re announced the appointment of Ferguson as Head of Financial Services and Member of Swiss Re's Executive Committee.
Not-for-Profit Service Dr. Ferguson is a member of several not-for-profit boards, including the Board of Overseers of Harvard University, the Board of Trustees of the Institute for Advanced Study, the Board of Trustees of the Carnegie Endowment for International Peace, and the Board of Trustees of the National Bureau of Economic Research. Formerly, Dr. Ferguson was an elected member of the Board of Directors of the Harvard Alumni Association and was Treasurer of the Friends of Education, a Trustees' Committee of The Museum of Modern Art. Harvard University (incorporated as The President and Fellows of Harvard College) is a private university in Cambridge, Massachusetts, USA and a member of the Ivy League. ...
Fuld Hall The Institute for Advanced Study is a private institution in Princeton Township, New Jersey, U.S.A., designed to foster pure cutting-edge research by scientists and scholars in a variety of fields without the complications of teaching or funding, or the agendas of sponsorship. ...
The Endowments headquarters at 1779 Massachusetts Avenue NW, Washington, D.C. The Carnegie Endowment for International Peace is a private nonprofit organization promoting international cooperation and active international engagement by the United States of America. ...
The National Bureau of Economic Research (NBER) is a private, nonprofit, nonpartisan research organization dedicated to studying the science and empirics of economics, especially the American economy. ...
General Electric GE90-115B fanblade, on display at MOMA. The Museum of Modern Art (MoMA) is an art museum located in Midtown Manhattan in New York City. ...
Dr. Ferguson is a member of the Council on Foreign Relations and the Group of Thirty. The Council on Foreign Relations (CFR) is an influential and independent, nonpartisan foreign policy membership organization founded in 1921 and based at 58 East 68th Street (corner Park Avenue) in New York City, with an additional office in Washington, D.C. Through its membership, meetings, and studies, it has been...
The Group of Thirty, often abbreviated to G30, is an international body of leading financiers and academics which aims to deepen understanding of economic and financial issues, and to examine consequences of decisions made in the public and private sectors related to these issues. ...
Personal Dr.Ferguson is married to SEC Commissioner Annette Nazareth, and they have two children. âSecurities and Exchange Commissionâ redirects here. ...
Education Ferguson received a B.A. in economics (magna cum laude) in 1973, a J.D. (cum laude) in 1979, and a Ph.D. in economics in 1981, all from Harvard University. In 1973 and 1974, Dr. Ferguson was Frank Knox Fellow at Pembroke College, Cambridge University, and in 2004 was elected to an Honorary Fellowship there. In addition, Dr. Ferguson has honorary degrees from Lincoln College and Webster University. â¹ The template below is being considered for deletion. ...
Latin honors are Latin phrases used to indicate the level of academic distinction with which an academic degree was earned. ...
J.D. redirects here; for alternate uses, see J.D. (disambiguation) J.D. is an abbreviation for the Latin Juris Doctor, also called a Doctor of Law or Doctorate of Jurisprudence, and is the law degree typically awarded by an accredited U.S. law school after successfully completing three years...
Harvard University (incorporated as The President and Fellows of Harvard College) is a private university in Cambridge, Massachusetts, USA and a member of the Ivy League. ...
Frank Knox William Franklin Frank Knox (January 1, 1874âApril 28, 1944) was the Secretary of the Navy under Franklin D. Roosevelt during most of World War II. He was also the Republican vice presidential candidate in 1936. ...
It has been suggested that this article be split into multiple articles accessible from a disambiguation page. ...
Full name Pembroke College Motto - Named after Countess of Pembroke, Mary de St Pol Previous names Marie Valence Hall (1347), Pembroke Hall (?), Pembroke College (1856) Established 1347 Sister College(s) Queens College Master Sir Richard Dearlove Location Trumpington Street Undergraduates ~420 Postgraduates ~240 Homepage Boatclub Pembroke College is a...
The University of Cambridge (often Cambridge University), located in Cambridge, England, is the second-oldest university in the English-speaking world and has a reputation as one of the worlds most prestigious universities. ...
An honorary degree (Latin: honoris causa ad gradum, not to be confused with an honors degree) is an academic degree awarded to an individual as a decoration, rather than as the result of matriculating and studying for several years. ...
Lincoln College is the name of two separate educational establishments in the United Kingdom: a constituent college of the University of Oxford - Lincoln College, Oxford a further education college in Lincolnshire - Lincoln College, Lincolnshire In Australia: Lincoln College is a residential College of the University of Adelaide [1]. In the...
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Achievements Ferguson was the only Federal Reserve Governor in Washington DC on September 11, 2001. He was responsible for leading the Federal Reserve's initial response to the terrorist attacks and was widely praised for his expert handling of the crisis. The World Trade Center on fire The September 11, 2001 attacks were a series of coordinated terrorist attacks against the United States on September 11, 2001. ...
While at the Fed, Ferguson led two working groups to improve the transparency of FOMC decisions and the clarity of FOMC communication. These resulted in the release of a statement at the end of each FOMC meeting, explaining the rationale for the interest rate decision and including an assessment of the risks facing the economy. The Federal Open Market Committee (FOMC) is charged under the law with overseeing open market operations, the principal tool of national monetary policy. ...
Awards Dr. Ferguson has received several awards and honors, including: Economics in Government Distinguished Lecturer sponsored by the Society of Government Economists and the American Economic Association (2004) The American Economic Association, or AEA, is the oldest and most important professional organization in the field of economics. ...
The Distinguished Service Award from the Bond Market Association (2002) The William F. Butler Memorial Award from the New York Association for Business Economics (2006) The George Mitchell Payments Systems Excellence Award from NACHA (2005) NACHA - The Electronic Payments Association is the leading organization in developing electronic solutions to improve the payments system. ...
The Renaissance Award from the Abyssinian Development Corporation (2006) The Federick Heldering Global Leadership Award from the Global Interdependence Center (2006) The first GAIM/CERF Global Financial Policy Award for significant contributions to effective governance of global capital markets from the Global Alternative Investment Management Forum (GAIM) and the Cambridge Endowment for Research in Finance (CERF) (2007)
Trivia On August 2, 2000, the satirical newspaper The Onion posed the question "Roger Ferguson: Hot or Not?" The Onion is a United States-based parody newspaper published weekly in print and daily online. ...
It has been suggested that this article or section be merged into Rating sites. ...
Alan Greenspan has called Ferguson "one of the most effective Vice Chairmen in the history of the Federal Reserve." Alan Greenspan (born March 6, 1926 in New York City) is an American economist and was Chairman of the Board of Governors of the Federal Reserve of the United States from 1987 to 2006. ...
When Ferguson announced his resignation, the Law Blog of the Wall Street Journal speculated that he would become the next president of Harvard University. The Wall Street Journal is an influential international daily newspaper published in New York City, New York with an average daily circulation of 1,800,607 (2002). ...
Known as the Unsung Hero of 9/11.
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