NASACT's
Initiative on Economic Terrorism
October 25, 2001
NASACT's
October 25 meeting in Philadelphia signaled a coordinated collaboration
between state and federal financial professionals and private
sector experts to aid President Bush in his efforts to wage economic
war on terrorism. Participants in the meeting, which was coordinated
by NASACT president Barbara Hafer, included financial officers
from 20 different states. Experts from the private sector and
the Federal Reserve were also on hand to share presentations exploring
different perspectives about the issue.
Various
aspects of financial terrorism were discussed during the meeting,
including watchlists, technology issues, foreign asset control,
and market pricing issues.
Stay
tuned for more information on how NASACT is leading the way in
exploring initiatives to protect states' financial investments
from terrorist links.
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Barbara
Hafer, NASACT President and
Pennsylvania State Treasurer, welcomes federal, state and
private sector leaders to participate in the discussion about
how to shield state investments from terrorist links. |
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Vince
Lowry, from Smith Barney,
shares an internal watchlist with those present at the October
25 meeting in Philadelphia. |
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Initiatives
of economic terrorism were the focus of a presentation given
by Bill Bensur, Wilshire Associates.
Download
Presentation
|
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Paul
O'Brien from Morgan Stanley
led the discussion about market pricing issues and asset
allocation implications.
Download
Presentation
|
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Blake
Prichard, Senior Vice President
of the Federal Reserve Bank of Philadelphia, shared information
with meeting attendees about different technologies available
to aid in the struggle against check fraud.
Download
Presentation
|
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International
asset control was the focus of a presentation given by Michael
Silva, Counsel and Vice President of the Federal Reserve
Bank of New York.
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Presentation
|
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Meg
Voorhes, Director of Social
Issues Services, Investor Responsibility Research Center,
discussed the resources available in the private industry
to develop screens.
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Presentation
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