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Panel discussion addresses sub-prime mortgage crisisApril 10, 2008 KALAMAZOO--What will be the next shoe to drop? A panel composed of three experts in the financial investment industry will try to answer that question on Friday, April 18, during a discussion titled "The Next Shoe to Drop in the Sub-Prime Saga" to be held on the Western Michigan University campus. Co-sponsored by the CFA West Michigan Society, LVM Capital Management and WMU's Haworth College of Business, the event begins with breakfast served at 7:45 a.m. in the Fetzer Center. The panel discussion will begin shortly thereafter. Panelists include Mitch Stapley, fixed income officer at Fifth Third Asset Management; Ted Fuger, former president at CFA West Michigan Society; and Dr. Ajay Samant, associate dean in the Haworth College of Business. Sandi Doctor, of LVM Capital Management, will serve as moderator. Those wishing to attend should RSVP by Monday, April 14, by going online to www.hcob.wmich.edu/subprime or calling (269) 387-5050. As chief fixed income officer for Fifth Third Asset Management Inc., Stapley is responsible for all fixed income management and trading. Stapley has been with Fifth Third since December 1988. Fifth Third Asset Management manages assets in excess of $21.3 billion, including the Fifth Third Funds, a no-load mutual fund family with over $12 billion in assets. Stapley is the portfolio manager for the Fifth Third Bond Fund, which was rated one of the top 10 A-rated bond funds according to Lipper Analytical Services, Inc., for the years that ended on Dec. 31 in 1998 and 2000. Prior to joining Fifth Third, Stapley was manager of short term investments/foreign exchange exposure at Navistar International Corp. in Chicago. Since retiring in 1999, Fuger has remained active professionally. In 2002, he joined Calder Advisors as senior manager of the Small Cap Financial Service Portfolio. A CFA Charterholder since 1968, Fuger served as president of the CFA West Michigan Society in 2004-05 and continues to serve the society as a board member and chair of the Education Committee. Fuger holds a bachelor's degree from Yale University and a master's in business administration from the University of Michigan. Fuger retired from Robert W. Baird in 1999, where he was vice president and regional bank analyst. Prior to joining Baird, he was vice president of corporate finance for Buys MacGregor, a partner with R.W. Burnham Investment Council, and a portfolio manager for Old Kent and National Bank of Detroit. Samant is associate dean and the National City Endowed Chair in Finance at the Haworth College of Business. He has published many research papers in the area of financial markets and institutions and is a special editor of Managerial Finance, a refereed academic journal. His research has been presented at a number of national and international conferences in banking and finance. He has been interviewed on national television and quoted numerous times in newspapers for expert opinions on issues in the areas of banking, corporate finance and financial intermediation. Doctor, a WMU graduate, joined LVM Capital Management at its inception in 1988 with prior experience as vice president and senior portfolio manager for Securities Counsel Inc. LVM is wholly owned by its employees and is registered with the SEC as an investment advisor. LVM provides a full range of financial planning and investment advisory services, specializing in the areas of customized portfolio management using individual securities, wealth transfers, tax reduction and philanthropic planning. Doctor received her master's in finance from WMU and has more than 22 years experience as a portfolio manager. Media contact: Mark Schwerin, (269) 387-8400, mark.schwerin@wmich.edu WMU News |
