Show Me the Money: Understanding the Role of Money in Our Economy
with Alison Felix and Richard Bard
Special guests: Ellen Mortiz, 1st Bank, and Mike Brown, Alpine Bank
March 1, 2018
Colorado Mountain College| Edwards Campus
Money: It makes the world go ‘round, but do you know how? Join Alison Felix, vice president and Denver branch executive at the Federal Reserve Bank of Kansas City, and Richard Bard for this two-session program designed to provide an understanding of the Federal Reserve, its structure, history and functions.
Session One: 3:30 – 4:30 p.m.
This educational session is focused on those with an intermediate level of understanding of money and the FED, tying in the Federal Reserve operation and its dual mandate to many of the economic indicators in the news. We’ll discuss how this information is obtained and how it impacts employment, price and money statistics. This session covers information that will not be discussed in the evening program.
Session Two: 6 p.m. – 7:30 p.m.
In this fireside chat with Richard Bard, the discussion will focus on the state of the economy in the U.S. and the role of the Federal Reserve in our economy, capital creation, the relationship between long-term and short-term rates, a weak/strong dollar and “why money matters” in global affairs. Felix will also present an update and forecast on the economic outlook; local bankers Mike Brown from Alpine Bank and Ellen Moritz from 1st Bank will join the program at the conclusion to discuss the issues from a local perspective.
Alison Felix is vice president and Denver Branch executive at the Federal Reserve Bank of Kansas City. Felix joined the Federal Reserve in 2007 as an economist in the Regional Affairs Department in Kansas City. She was appointed Denver Branch Executive in 2012. She holds a Ph.D. and M.A. in economics from the University of Michigan and a B.A. in mathematics and economics from Kansas State University.
Richard Bard is the Founder and Chief Executive Officer of Bard Capital Group, LLC, a middle market private equity firm with a diversified portfolio. He has been involved in the acquisition and operation of several private and publicly traded businesses over the past 30 years. He previously served as the Chairman of the Federal Reserve Bank of Kansas City.
Ellen Moritz moved to Colorado from Minnesota in 1990 to begin her career with FirstBank. She has spent her career working at the various FirstBank locations in the mountains and is currently the market president in Eagle County. Ellen lives in Edwards with her husband Jean-Claude and their three sons Sebastian, Alec and Theo.
Mike Brown is the Regional President for Alpine Bank’s locations in the Vail Valley and Steamboat Springs. He began his tenure with Alpine Bank in 1991 after moving to Aspen; he moved to the Vail Valley in 1996 to open Alpine Bank, Avon and has had the pleasure of living in the valley ever since. A native of Oklahoma and a graduate of Oklahoma State, Mike lives in Gypsum with his wife, Stacy, and two daughters, Emma and Ava.
This program is sponsored in part by Alpine Bank.
Note: The doors will open 30 minutes before the program; the programs will start at 3:30 p.m. and 6 p.m., respectively.