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Viral V. Acharya is a professor of finance at New York University Stern School of Business. Prior to joining Stern, he was a professor of finance at the London Business School, where he also served as academic director of the Collier Institute of Private Equity from 2007 to 2009. His research focuses primarily on the regulation of banks and financial institutions, corporate finance, credit risk and valuation of corporate debt, and asset pricing with a focus on the effects of liquidity risk. Acharya's work has been published in a number of academic journals, including the American Economic Review, Journal of Financial Economics, Review of Financial Studies, Journal of Finance, and Journal of Money, Credit and Banking. He serves as editor of the Journal of Financial Intermediation and associate editor of Review of Corporate Finance, Journal of Finance, and Review of Finance. Acharya's work has received numerous awards and recognitions, including the best paper award on asset pricing from the Journal of Financial Economics in 2005 and the inaugural Rising Star in Finance award in 2008. He received a BTech from the Indian Institute of Technology and a PhD from NYU Stern.

Anat R. Admati is the George G.C. Parker Professor of Finance and Economics at the Stanford Graduate School of Business. Primarily a financial economics theorist, her work focuses on issues related to the dissemination of information in financial markets and corporate governance. Admati also has been active in the ongoing policy debate over financial regulation, especially pertaining to capital regulations. Admati has served in a number of editorial positions and written extensively about portfolio management, venture capital contracting, corporate governance, and banking. Currently she is associate editor of the Journal of Finance and advisory editor of the Journal of Financial Markets. A fellow of the Econometric Society, she has served on the board of the American Finance Association and is involved with the Rock Center for Corporate Governance at Stanford Law School. Admati received a BS in mathematics and statistics from Hebrew University in Jerusalem and a PhD from Yale University.

David E. Altig is senior vice president and director of research at the Federal Reserve Bank of Atlanta. His responsibilities include advising the Bank president on monetary policy and related matters, overseeing the Bank's research department and regional executives, and sitting on the Bank's management and discount committees. Altig also serves as an adjunct professor of economics in the graduate school of business at the University of Chicago. Previously, he was vice president and associate director of research at the Federal Reserve Bank of Cleveland, which he joined in 1991 as an economist. Prior to joining the Cleveland Fed, Altig was a faculty member in the department of business economics and public policy at Indiana University. His research focuses primarily on monetary and fiscal policy and has been published in such journals as the Journal of Money, Credit, and Banking; the American Economic Review; and the Journal of Monetary Economics. Altig received a BA in business administration from the University of Iowa and an MA and a PhD in economics from Brown University.

Ben S. Bernanke began a second term as chairman of the Board of Governors of the Federal Reserve System on February 1, 2010. He also serves as chairman of the Federal Open Market Committee. Before being appointed as chairman in 2006, Bernanke was chair of the President's Council of Economic Advisors. Previously, he held several roles in the Federal Reserve System: as a member of the Board of Governors, a visiting scholar at the Federal Reserve Banks of Philadelphia, Boston, and New York; and a member of the New York Fed's academic advisory panel. Bernanke's academic career included teaching positions at Princeton University, Stanford University, New York University, and the Massachusetts Institute of Technology. He served as director of the Monetary Economics Program of the National Bureau of Economic Research and was a member of its business-cycle dating committee. He received a BA in economics from Harvard University and a PhD in economics from the Massachusetts Institute of Technology.

Richard B. Berner is a managing director, cohead of global economics, and chief U.S. economist at Morgan Stanley. In this role, he codirects the firm's forecasting and analysis of the global economy and financial markets and coheads its strategy forum. Prior to joining Morgan Stanley in 1999, Berner was executive vice president and chief economist at Mellon Bank, where he served on the senior management committee. Previously, he was a principal and senior economist for Morgan Guaranty Trust Company and director of the Washington, DC, office of Wharton Econometrics. He spent seven years on the research staff at the Federal Reserve Board, where he helped lead its model-based forecasting efforts and served on the team that developed the Fed's first multicountry model used for international policy analysis. He also has served as an adjunct professor of economics at Carnegie-Mellon University and George Washington University. Currently, Berner is a member of the Economic Advisory Panel of the New York Fed, the panel of economic advisers of the Congressional Budget Office, and the executive committee of the National Bureau of Economic Research, where he is also director at large. He is past president and fellow of the National Association for Business Economics (NABE) and received the group's William F. Butler Award for excellence in business economics. He has won forecasting awards from the Wall Street Journal, Market News, and the NABE. Berner received a BA from Harvard College and a PhD from the University of Pennsylvania. 152ee80cbc

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