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                                                                                                                Federal Reserve Bank of New York Organization Chart
(Revised: August 2008)
                                                             Audit                                                     Board of Directors                                                                                                 Executive Office
                                                             Edward C. Smith                                           Stephen Friedman, Chairman
                                                             General Auditor and EVP                                   and Federal Reserve Agent                                                                                          Chief of Staff's Office            Equal Employment
                                                                                                                                                                                                                                          Michael F. Silva,*                 Opportunity
                                                                                                                                                                                                                                          Chief of Staff                     Len Myrie, VP
                                                                                                                       President
                                                                                                                       Timothy F. Geithner                                                                                                    Corp. Secretary's Office       Wholesale Product Office
                                                                                                                                                                                                                                              Michael A. Held                Lauren A. Hargraves, SVP
                                                                                                                                                                                                                                              Deputy General Counsel, Corp   and Product Manager
                                                                                                                      First Vice President
                                                                                                                                                                                                                                              Secretary and SVP
                                                                                                                      Christine M. Cumming

Automation and                                                                                                                          Emerging Markets and                                                                                                                     Payments Policy and Credit
Systems Services                  Bank Supervision                 Communications                   Corporate                           International Affairs             Financial Services              Legal                                 Markets                          Risk Management              Research and Statistics

William T. Christie**             William L. Rutledge,             Calvin A. Mitchell, III          Edward F. Murphy,                   Terrence J. Checki,               Carl W. Turnipseed,             Thomas C. Baxter, Jr.,                William C. Dudley,               Sandy C. Krieger,            Joseph S. Tracy,
Executive Vice President          Executive Vice President         Executive Vice President         Executive Vice President            Executive Vice President          Executive Vice President        Executive Vice President and          Executive Vice President         Executive Vice President     Executive Vice President and
                                                                                                                                                                                                          General Counsel                                                                                     Director of Research
Business Systems Development      Financial Sector Policy and      Community Affairs                Corporate Group                     Development Studies and           Buffalo Branch Operations       Compliance                            Business Technology              Credit Risk Management       Capital Markets
Jean Bolwell, VP                  Analysis                         Kausar Hamdani, VP               Jane W. Thomas, AVP*                Foreign Research                  Kausar Hamdani, VP and          Martin C. Grant, Chief Compliance     Michael J. Recupero, SVP         Andrew M. Danzig, VP         Michael Fleming, AVP
Ira Kahner, VP                    Arthur G. Angulo, SVP                                                                                 John J. Clark, SVP                Branch Manager                  and Ethics Officer and SVP
                                                                   Internal Communication           Financial Management                                                                                                                        Capital Markets Analysis         Payments Policy              Financial Intermediation
Electronic Payments and           Relationship Management          Cheryl Gleason, VP               Leon Taub, SVP                      Financial Markets and             Business Development            Legal                                 and Trading                      Lucinda M. Brickler, SVP     Til Schuermann, VP
Markets Systems Development       Sarah Dahlgren, SVP                                                                                   Institutions                      Thomas Connolly, AVP                                                  Patricia Mosser, SVP             Lawrence M. Sweet, SVP
Om P. Bagaria, SVP                                                 Media Relations and Public       Human Resources                     B. Gerard Dages, SVP                                                 Bank Supervision                   Deborah A. Perelmuter, SVP                                    International Research
                                  Resource and Logistics           Affairs                          Elaine Mauriello, SVP                                                 Cash and Custody                   and Markets                                                         SCRM Administration Office   Paolo Pesenti, AVP
Information Security              Management                       Andrew Williams, VP                                                  International Affairs             Roseann Stichnoth, SVP             Joyce M. Hansen, Deputy            Central Bank and                 Janet Resele-Tiden, AVP
Sean Mahon, SVP                   Zahra El-Mekkawy, SVP*                                            MIS Strategy                        Michele S. Godfrey, SVP*          Robert G. Kraus, VP                General Counsel and SVP*           International Account Services                                Macroeconomic and
                                                                   Regional Affairs                 Nirmal V. Manerikar, SVP                                                                                                                    Richard P. Dzina, SVP            SCRM Technology Support      Monetary Studies
Information Technology            Risk Management                  Erica Groshen, VP                                                                                           International Cash                 Banking Applications                                           Melanie L. Heintz, VP*       Simon Potter, SVP
Peter Smejkal, SVP                Brian Peters, SVP                                                 Real Estate and General                                                    David A. Duttenhofer, VP           Ivan J. Hurwitz, VP           Group Shared Services
                                                                   Web Communications and           Services                                                                                                                                    Anne F. Baum, SVP*                                            Microeconomic and
Network & Data                                                     Resource Management              Lola Judge, SVP                                                       Electronic Payments                Corporate Affairs                                                                                Regional Studies
Center Operations                                                  Margaret Carmody, VP*                                                                                  Gail R. Armendinger, VP            Michael A. Held, Deputy            Liquidity and Risk                                            Andrew Haughwout, AVP
Len Myrie, VP                                                                                       Strategic Investment and Risk                                                                            General Counsel and SVP            Management
                                                                                                    Assessment Office                                                     Group Support Staff                                                   R. Spence Hilton, SVP                                         Money and Payments Studies
Strategic Analysis and                                                                              Elizabeth Irwin-McCaughey, SVP                                        Ann Heron, AVP*                    Enforcement and Litigation         Susan McLaughlin, VP                                          Jamie McAndrews, SVP
Technology Training                                                                                                                                                                                          Thomas H. Roche,
Nahla Aly, AVP*                                                                                                                                                           International Treasury             Deputy General Counsel                                                                           Publications
                                                                                                                                                                          Services                           and SVP                                                                                          Valerie LaPorte, FLO
                                                                                                                                                                          Patricia Hilt, VP
                                                                                                                                                                                                                  Protection                                                                                  Research Support
                                                                                                                                                                                                                  Nicholas Proto, Chief                                                                       Charles Steindel, SVP*
                                                                                                                                                                                                                  Investigator and VP
                                                                                                                                                                                                                                                                                                              Statistics
                                                                                                                                                                                                              Financial Services and                                                                          Ken Lamar, SVP
                                                                                                                                                                                                              Automation
                                                                                                                                                                                                              Raleigh M. Tozer, Deputy
                                                                                                                                                                                                              General Counsel and SVP

                                                                                                                                                                                                          Records Management
                                                                                                                                                                                                          Martin C. Grant, SVP


Officers' Committees                                                 Liaisons                                                                 *Senior Administrative Officer
Management Committee ­ Timothy F. Geithner, Chair                    General Accounting Office ­ Edward C. Smith, General Auditor and EVP     **As of August 18, 2008
    Diversity Advisory Council ­ Christine M. Cumming, Chair         Office of Inspector General ­ Edward C. Smith, General Auditor and EVP
    HR Advisory Committee ­ Edward F. Murphy, Chair
    Investment Review Committee ­ Christine M. Cumming, Chair        Ethics Officer
    Operational Risk Committee ­ Christine M. Cumming, Chair         Martin C. Grant, Chief Compliance and Ethics Officer and SVP
   Regional Outreach Steering Committee ­ Erica Groshen , Chair
Committee on Bank Security                                           Ombudsmen
Contingency Management Committee ­ Edward F. Murphy, Chair           Nirmal Manerikar, SVP
                                                                     Leon Taub, SVP