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Meet the Panelists
Financial Markets at Crossroads

Meet Wayne Angell
In January 2002, Dr. Wayne Angell embarked on a new business venture, Angell Economics. Angell Economics provides clients not just an economic forecast, but a continuing story of how economic forecasts can be turned into trading gains. Taking leveraged positions in futures markets provides Dr. Angell with a unique feedback on his economic forecast. This interplay between economics and the markets enables him to relate to both market savvy people and audiences that have never understood economics or the market. From 1994 to 2002, he was Bear, Stearns & Co.'s chief economist and senior managing director. His primary focus was to provide insight regarding both monetary policy and its economic effects for the United States and global economy. Dr. Angell not only advised institutional investors and private clients, but also policy officials around the globe. A former member of the Federal Reserve Board from 1986 to 1994, Dr. Angell is well qualified to provide insights on the nation's economy and the Board's role in balancing growth, inflation and full employment. During his term, he chaired a number of key committees, including the G-10 Committee on Payment and Settlement Systems. Washington insiders have noted Dr. Angell’s role in the tax cut program. He has campaigned to eliminate double taxation of dividends through Congressional tax and joint economic committee hearings and was influential in persuading President Bush to make elimination of personal taxes on income the centerpiece of his tax bill. 

Meet Ron Insana
Ron Insana is the founder and managing director of Insana Capital Partners. The firm is a Securities and Exchange Commission (SEC) registered investment adviser with approximately $100 million in assets under management. Mr. Insana brings more than two decades of financial market experience as an award-winning journalist covering global economics, financial markets, political policy and the alternative investment industry. Mr. Insana currently serves as a regular contributor on CNBC, the world’s leading business and financial news network, giving color to major market and political events. Prior to founding the firm, Mr. Insana was the anchor of CNBC’s Street Signs, wrote monthly columns for a major U.S. newspaper and hosted a nationally syndicated radio program. Mr. Insana joined CNBC in 1991 as a regular contributor to various television and radio programs produced by CNBC and its affiliates. Before moving to CNBC, Mr. Insana worked as managing editor and senior anchor for the Financial News Network, where he began his career in 1984 as a production assistant. Mr. Insana has written three books about Wall Street. He graduated with honors from California State University at Northridge. 

Meet Paul Miller
Paul Miller is a managing director and co-head of Financial Institutions at FBR Group. He is a chartered financial analyst, well-known in the financial services investment community for providing in-depth, fundamental analysis and investment recommendations on mortgage finance companies. Mr. Miller’s coverage list includes government-sponsored entities, mortgage-banking companies, mortgage insurance and small- and large-cap thrifts. Some of Mr. Miller’s coverage includes Fannie Mae, Freddie Mac, Washington Mutual, American Home, MGIC Investment Corp. and Countrywide Financial. Mr. Miller also has proven successful in his coverage of thrifts that convert from mutual to stock form and thrifts that have adopted the mutual holding company structure. Mr. Miller is a former bank examiner for the Federal Reserve Bank of Philadelphia, where he worked for five years. As a bank examiner, Mr. Miller conducted financial analysis for more than 30 community banking institutions in the Philadelphia and Harrisburg market areas. Mr. Miller earned his bachelor of science degree in economics, his bachelor of arts degree in international relations and his master's degree in economics from the University of Delaware.

Donald G. Ogilvie

Meet Don Ogilvie
Don Ogilvie — who served as president and chief executive officer (CEO) of the American Bankers Association (ABA) for two decades — is the independent chairman of the Deloitte Center for Banking Solutions (the Center). Mr. Ogilvie is a highly respected and prominent leader in the banking industry who has extensive knowledge of the federal legislative landscape as well as the international banking markets. Mr. Ogilvie advises Deloitte’s U.S. and global banking clients on the critical issues facing their industry, in addition to helping to shape innovative and forward-thinking solutions to these developments. While at the ABA from 1985 to 2005, Mr. Ogilvie oversaw the growth and development of the largest financial services trade association in the world. There, he represented banks of all sizes across the country, with a staff of more than 350 people in Washington, DC. He also served as executive vice president of the International Monetary Conference, a group of CEOs at the 80 largest financial institutions in the world; he continues to work with this group as a consultant. Prior to his ABA service, Mr. Ogilvie was a corporate vice president of Celanese Corp. for five years, reporting directly to the CEO. From 1974 to 1976, he served in the Office of Management and Budget in the Executive Office of the President in the Ford Administration. In addition to his current role with the Center, Ogilvie is chairman of ABA International, where he oversees the trade association's international activities in Europe and China, and is the executive-in-residence at the Yale School of Management.

Meet Nouriel Roubini
Professor Nouriel Roubini is professor of economics at the Stern School of Business, New York University. He is also co-founder and chairman of Roubini Global Economics LLC, a Web-based economic and geostrategic information service and economic consultancy. In addition to his academic research, he has broad policy experience in a number of positions in the U.S. government. Professor Roubini received his undergraduate degree at Bocconi University in Milan, Italy and his doctorate in economics at Harvard University in 1988. Before joining New York University, he was a faculty member of the Economics Department at Yale University from 1988 to 1995. On the policy side, he was senior economist for International Affairs at the White House Council of Economic Advisers (1998-1999) as well as senior advisor to the under secretary for International Affairs and the director of the Office of Policy Development and Review at the U.S. Treasury Department(1999-2000). In those positions, he worked, among other issues, on the resolution of the Asian and global financial crises of 1997-1998 and the reform of the international financial architecture after these crises. He is the co-author (with Alberto Alesina) of the book Political Cycles: Theory and Evidence (M.I.T. Press, 1997). His new book Bailouts or Bail-ins? Responding to Financial Crises in Emerging Markets was published by the Institute for International Economics in August 2004.

 

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Last Updated: May 16, 2008
Source: Deloitte LLP - United States (English)

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