Events

CEE Report – Summer 2014

Three times a year the Council for Economic Education releases the CEE Report, highlighting our new and noteworthy events, programs and partnerships, including pilot programs and joint ventures with key supporters.

download cee report su14 CEE Report   Summer 2014

In This Issue

Upcoming Events
Vantage Point Series
Note from Nan
Indiana Council Launches $mart Indiana
Financial Literacy Month Highlights
Building Economic & Financial Literacy of DE Students
Financial Literacy & the Federal Government
Building the Financial Literacy of Illinois Students
2014 National Economics ChallengeSM
53rd Annual Conference
New Board Members
Gen i Revolution – Search for the Sweet 16th Contest Results
Survey of the States – By the Numbers
2014 Visionary Awards Dinner

POSTED: June 30, 2014 | BY: kwilliams | TAGS: , , , , , , , , , , , , , , ,

CEE in the News: Hobson, Krawcheck and Finerman on the Economy

On Wednesday, the Council for Economic Education hosted “Vantage Point: Economic Perspectives from Wall Street Women,” featuring moderator Karen Finerman, CEO, Metropolitan Capital Advisors, Inc. Contributor, CNBC’s “Fast Money”; with panelists Mellody Hobson President, Ariel Investments Chairman, DreamWorks Animation SKG, Inc.; and Sallie Krawcheck, who recently acquired 85 Broads.

The women spoke to more than 100 other female, and some male, guests at the Harvard Club in New York City. Tackling tough questions from Finerman, Hobson and Krawcheck gave their opinions on everything from the European financial crises, to housing and the spending patterns of Gen X and Millennials.

The Wall Street Journal covered the event in this piece, highlighting the panelists’ opinions on the young generations and their savings habit.

“Ms. Hobson, speaking Wednesday at a panel hosted by the Council, said the cautionary tale of the downturn — as well as longer lives and careers — underscore the need for economic and financial literacy among young people.

Millennials are “the second-most conservative group of investors, right behind their grandparents,” said panelist Sallie Krawcheck, former president of global wealth and investment management for Bank of America Corp. The fact that young workers today likely will be retiring at an older age than their parents and grandparents means “we need a structural rethink” of how to save for that retirement, Ms. Krawcheck said.”

Learn more about the discussion and read the full story here.

Hobson Krawcheck Finerman on the Economy CEE in the News: Hobson, Krawcheck and Finerman on the Economy

Karen Finerman with panelists Sallie Krawcheck and Mellody Hobson; Nan J. Morrison at the podium.

POSTED: May 23, 2013 | BY: admin | TAGS: , , , , ,

Financial Literacy in the Financial Capital of the World: Working Together to Educate New Yorkers

2013 flm breakfast 3 Financial Literacy in the Financial Capital of the World: Working Together to Educate New Yorkers

  CEE CEO Nan J. Morrison

On April 2nd, to kick off Financial Literacy Month, CEE held a breakfast at the New York Stock Exchange, “Financial Literacy in the Financial Capital of the World: Working Together to Educate New Yorkers”. Following welcome remarks by Steve Wheeler, Director, Archives, Corporate Giving and Education  at the NYSE, Ron Lieber of The New York Times moderated a panel discussion that covered a range of topics and questions, from whether students in New York are receiving the financial literacy education they need, to how government, corporation, non-profits and schools can work together to build financial literacy among students.

With unique perspectives from the government, private and academic sector, panelists Jonathan Mintz, Commissioner, NYC Department of Consumer Affairs, Gerald Rosenfeld, Chairman, Lazard, Ltd., and Dr. Michael Staten, Assistant Dean for Careers, Commerce and Industry, Norton School of Family and Consumer Sciences, The University of Arizona, and Director, Take Change America Institute had a thoughtful–and lively!–discussion.

One of the morning’s dominant themes was the need to teach students how to make smart decisions:

“The key to any good educational model is how you make the tough choices,” said Mintz, adding that it was critical to make students feel confident enough to ask the right questions.

Staten seconded that notion, noting that the financial educational sector has “stepped up its game” in this department: “There has been a shift toward recognizing that personal finance is all about making decisions.  Economics lays the foundations for these decisions, training [students] to make the decisions that are best for them.”

Rosenfeld raised another important point, noting the importance of providing students with the necessary vocabulary to navigate the financial and economic landscape.  Which means more than simply teaching the terms, but truly understanding a concept like “risk,” or “debt.”

In her closing remarks, CEE CEO and President Nan J. Morrison offered a nice summation of the panel discussion, asserting that financial literacy “is a language that people need to learn; and that language is a language of choice.”

2013 flm breakfast 1 Financial Literacy in the Financial Capital of the World: Working Together to Educate New Yorkers 2013 flm breakfast 2 Financial Literacy in the Financial Capital of the World: Working Together to Educate New Yorkers

Panelists Gerald Rosenfeld, Jonathan Mintz and Dr. Michael Staten

Attendees touring the NYSE

All photos by Ben Hider Photography.

POSTED: April 3, 2013 | BY: kwilliams | TAGS: , , , ,

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