Advisory Groups

87 FEDERAL RESERVE BANK OF NEW YORK 2008 ANNUAL REPORT

ADVISORY GROUPS

FEDERAL ADVISORY ECONOMIC ADVISORY ADVISORY COUNCIL COUNCIL PANEL ON SMALL BUSINESS AND AGRICULTURE Second District Member ROBERT BARRO and Alternate Members Harvard University Chair JOHN A. NOBLE ROBERT P. KELLY, Member RICHARD BERNER Morgan Stanley Dean Witter President Chairman and Chief Executive Officer Noblehurst Farms, Inc. The Bank of New York Mellon J. ALFRED BROADDUS Linwood, N.Y. New York, N.Y. Consultant CATHERINE C. CANDLAND GERALD L. HASSELL, MARTIN FELDSTEIN President and Chief Executive Officer Alternate Member Harvard University Advantage Human Resourcing President Bridgeport, Conn. JEFFREY FRANKEL The Bank of New York Mellon Harvard University LAWRENCE S. FOX New York, N.Y. President JACOB FRENKEL THOMAS P. GIBBONS, Fox Valve Development Corp. American International Group Dover, N.J. Alternate Member Chief Financial Officer BENJAMIN FRIEDMAN STEVEN GOLDSTEIN Harvard University The Bank of New York Mellon Chairman and Chief Executive Officer New York, N.Y. MARK GERTLER Alacra, Inc. New York University New York, N.Y.

PETER HOOPER THEODORE KESTEN Deutsche Bank Securities, Inc. Chairman and Chief Executive Officer Belmay, Inc. GLENN HUBBARD New Rochelle, N.Y. Columbia University RECHÉ KIRKLAND CATHERINE L. MANN President Brandeis University and BKM Resources, Inc. – Global Chemicals Peter G. Peterson Institute Holmdel, N.J. for International Economics SHARON NEWMAN ALLAN H. MELTZER President Carnegie Mellon University Action Envelope & Printing Co., Inc. Lindenhurst, N.Y. KENNETH ROGOFF Harvard University VIKKI L. PRYOR President and Chief Executive Officer LAWRENCE SUMMERS SBLI USA Mutual Life Harvard University New York, N.Y. EDWIN M. TRUMAN SERGE SEGUIN Peter G. Peterson Institute Chairman and Chief Executive Officer for International Economics Shock Tech MICHAEL WOODFORD Tallman, N.Y. Columbia University JOHN SOTO President and Chief Executive Officer Space-Craft Manufacturing New Haven, Conn. 89 INTERNATIONAL ADVISORY COMMITTEE

HERBERT M. ALLISON, JR. LIC. ROBERTO HERNANDEZ MICHEL J. D. PEBEREAU President and Chief Executive Officer RAMIREZ Chairman of the Board Fannie Mae Chairman of the Board BNP Paribas Washington, D.C. Banco Nacional de Mexico, S.A. Paris, France Mexico City, Mexico LLOYD C. BLANKFEIN THOMAS A. RUSSO Chairman and Chief Operating Officer HO CHING Lehman Brothers Holdings Inc. (Retired) The Goldman Sachs Group, Inc. Executive Director and Chief New York, N.Y. New York, N.Y. Executive Officer ROBERTO SETUBAL Temasek Holdings (Private) Limited DAVID BONDERMAN President and Chief Executive Officer Singapore Founding Partner Banco Itau, S.A. TPG Capital LP HENRY KAUFMAN São Paulo, Brazil Fort Worth, Tex. President JOHN A. THAIN Henry Kaufman & Company, Inc. WILLIAM J. BRODSKY President New York, N.Y. Chairman and Chief Executive Officer Global Banking, Securities, Chicago Board Options Exchange MARIE-JOSÉE KRAVIS and Wealth Management Chicago, Ill. Senior Fellow and Member Bank of America of the Board of Trustees New York, N.Y. STANLEY F. DRUCKENMILLER Hudson Institute Chairman and Chief Executive Officer KURT F. VIERMETZ New York, N.Y. Duquesne Capital Management, LLC Chairman of the Supervisory Board New York, N.Y. SALLIE L. KRAWCHECK Deutsche Boerse AG Citi Group Inc. (Former) Munich, Germany D. FRANCISCO GONZALEZ New York, N.Y. and RODRIGUEZ Member of the Supervisory Board Chairman and Chief Executive Officer DONALD H. LAYTON KFW – Ipex Bank Banco Bilbao Vizcaya Argentaria, S.A. Chairman and Chief Executive Officer Frankfurt, Germany Madrid, Spain E*Trade Financial Corporation New York, N.Y. STEPHEN K. GREEN Group Chairman DR. THE HONORABLE HSBC Holdings plc DAVID K. P. LI London, United Kingdom Chairman and Chief Executive The Bank of East Asia, Limited Hong Kong, China

90 FEDERAL RESERVE BANK OF NEW YORK 2008 ANNUAL REPORT

THRIFT INSTITUTIONS ADVISORY PANEL

ELIZABETH HANCE PAUL PANTOZZI GEORGE STRAYTON President and Chief Executive Officer Chairman and Chief Executive Officer President and Chief Executive Officer Magyar Bank The Provident Bank Provident Bank New Brunswick, N.J. Jersey City, N.J. Montebello, N.Y.

RONALD E. HERMANCE, JR. ROSS PROSSNER THOMAS SUNG Chairman, President, President and Chief Executive Officer Chairman and Chief Executive Officer Beacon Federal Abacus Federal Savings Bank Hudson City Savings Bank East Syracuse, N.Y. New York, N.Y. Paramus, N.J. JOHN M. SCARCHILLI JOHN F. TRENTACOSTA WILLIAM MELLIN President and Chief Executive Officer President and Chief Executive Officer President and Chief Executive Officer Pioneer Savings Bank Newtown Savings Bank New York State Credit Union League Troy, N.Y. Newtown, Conn. Latham, N.Y.

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