Former Fed chief gives economic outlook at Family Centers Event
Published 12:30 pm, Thursday, May 12, 2011
More than 300 members of the area's business community packed the grand ballroom at the Stamford Plaza Hotel & Conference Center on April 12 to hear former Federal Reserve Chairman Paul Volcker's take on the global economy.
Volcker's keynote, which was the highlight of Family Centers' Business Breakfast, focused on the breakdown and future role of the U.S. banks, the massive government bailouts and the emerging economic strength of China and other Eastern countries. New York City's Deputy Mayor for Economic Development and former Wachovia President & CEO Robert Steel provided the introduction.
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The event raised about $77,000. All proceeds benefitted Family Centers' programs that assist children, adults and families in crisis throughout Fairfield County.
For nearly 60 years, Volcker has been a primary resource world leaders have relied on for insightful and responsible economic counsel. For nearly 20 years, Volcker served the chairman of the Federal Reserve. Most recently, he served as chairman of President Barack Obama's Economic Recovery Advisory Board.
Family Centers is a private
nonprofit organization offering education and human services to children, adults and families in Fairfield County. More than 1,000 professionals and trained volunteers work together to provide a wide range of responsive, innovative programs. A United Way, Community Fund of Darien and New Canaan Community Foundation partner agency, Family Centers is a member of the Connecticut Council of Family Service Agencies and the Alliance for Children and Families and is accredited by the Council on Accreditation and the National Association for the Education of Young Children The agency is licensed by the State of Connecticut Department of Public Health. Visit www.familycenters.org for additional information.