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Press Release

Contact:
Michael Laffin
412-268-3486

For immediate release:
November 9, 2004

Local, National and Global Economic and Investment Health to Be Examined at Global Business Conference

WHAT: Carnegie Bosch Institute's 2005 Global Economic & Investment Outlook Conference

WHERE:McConomy Auditorium, University Center, Carnegie Mellon University, Pittsburgh

WHEN: Nov. 16, 2004

FEATURED PRESENTATIONS:
9:15 a.m. - Fiscal Agenda for the New Congress
Douglas Holtz-Eakin, director of the Congressional Budget Office

10:20 a.m. - The Global Economy—Prospects and Problems in 2005
William Dudley, managing director and chief U.S. economist, Goldman Sachs
Phillip Suttle, senior international economist, JP Morgan Chase Bank

12 noon - Prospects for the U.S. Economy for 2005
Anthony Santomero, president, Federal Reserve Bank of Philadelphia

1:45 p.m. - The Regional Economy—Better Days Ahead?
Richard DeKaser, SVP and chief economist, National City Corporation
F. Michael Langley, CEO, Allegheny Conference Committee of Development
Mark Sniderman, SVP and director of research, Federal Reserve Bank of Cleveland

BACKGROUND: This is the 12th annual Global Economic & Investment Outlook Conference and is a joint effort by the Carnegie Bosch Institute and The Gailliot Center for Public Policy. According to Michael Trick, president of the Carnegie Bosch Institute and professor of operations research, "In past years, participants have learned about issues such as the Brazilian financial crisis, U.S. accounting problems and Japanese banking difficulties long before they appeared in the general press. This conference always provides accurate warnings and outlooks for the global economy."

The Carnegie Bosch Institute for Applied Studies in International Management represents a unique alliance between the Tepper School of Business at Carnegie Mellon and the Robert Bosch Group, one of Germany's leading industrial companies. The Institute was established in 1990 as an entity within the Tepper School through an endowment provided by Bosch's U.S. subsidiary. The Institute's mission is to initiate and support research in international management, to educate and develop globally-minded managers and to foster international cooperation.

The Gailliot Center for Public Policy at Carnegie Mellon focuses on economic issues that affect institutions and government. It serves as advisor to the Joint Economic Committee of the United States Congress on international economic policy.

The annual Global Economic & Investment Outlook Conference is attended by a variety of businesspersons, including chief executives, senior managers, financial and market managers, economists, financial analysts, portfolio managers, investment strategists and others.

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