For Release
Oct. 5, 2004

 Vice chairman of the Federal Reserve coming to The Citadel

           Roger W. Ferguson, Jr., vice chairman of the Board of Governors of the Federal Reserve System, will deliver a Greater Issues address to the South Carolina Corps of Cadets at 11:15 a.m. Tuesday, Oct. 26 in McAlister Field House.

           The Greater Issues Series aims to engage cadets'
interest and knowledge in important topics of the day. Since it was established in 1954, the Greater Issues Series has brought presidents, heads of state, scholars, diplomats, journalists and distinguished business and military leaders to Charleston and The Citadel. The series is made possible by a grant from The Mills B. Lane Memorial Foundation.

           All Greater Issues speeches are free and open to the public.

           As vice chairman, Ferguson is a representative of the Federal Reserve in international policy groups. Before becoming a board member, Ferguson was a partner at McKinsey & Co. Inc., an international management consulting firm. During 2003, Ferguson became the chairman of the Committee on the Global Financial System, 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, which promotes international financial stability through information exchange and international cooperation in financial supervision and surveillance.

           Ferguson received a B.A. in economics (magna cum laude) in 1973, a doctorate in law (cum laude) in 1979, and a Ph.D. in economics in 1981, all from Harvard University. Ferguson holds honorary degrees from Lincoln College and Webster University.

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