












Officers of the
Federal Reserve Bank
of New York
61
FEDERAL RESERVE BANK OF NEW YORK
2007 ANNUAL REPORT
OFFICERS OF THE FEDERAL RESERVE BANK
OF NEW YORK
(As of December 31, 2007)
TIMOTHY F. GEITHNER
President
CHRISTINE M. CUMMING
First Vice President
THOMAS C. BAXTER, JR. WILLIAM L. RUTLEDGE
General Counsel Executive Vice President
and Executive Vice President Bank Supervision
Legal
JOSEPH S. TRACY
TERRENCE J. CHECKI Executive Vice President
Executive Vice President and Director of Research
Emerging Markets Research and Statistics
and International Affairs
CARL W. TURNIPSEED
WILLIAM C. DUDLEY Executive Vice President
Executive Vice President Financial Services
Markets
MICHAEL YORKE
EDWARD F. MURPHY Executive Vice President
Executive Vice President Automation and Systems Services
Corporate
63
AUDIT FUNCTION AUTOMATION AND SYSTEMS SERVICES GROUP
MICHAEL YORKE
Executive Vice President
EDWARD C. SMITH Business Systems Development KENNETH T. NORCROSS
General Auditor MIRIAM I. VIDAL Automation Officer
and Senior Vice President Vice President DIANE PILINKO
ROBERT J. AMBROSE JEAN BOLWELL Automation Officer
Assistant General Auditor Vice President
IRA M. LEVINSON IRA KAHNER Information Security
Assistant Vice President Vice President SEAN G. MAHON
CLIVE BLACKWOOD Senior Vice President
CHIN Y. YEH
Audit Officer Assistant Vice President JEFFREY C. BLYE
RALPH W. HESSLER Vice President
SUSAN R. CHASE
Audit Officer Automation Officer JOONHO J. LEE
MARGARET SAXENIAN Assistant Vice President
ROBERT GOODMAN
Audit Officer Automation Officer ROY D. THETFORD, JR.
Automation Officer
JEAN M. STOLOFF
Automation Officer
Information Technology
Electronic Payments and Markets PETER SMEJKAL
Systems Development Senior Vice President
OM P. BAGARIA JEFFREY KLEIN
Senior Vice President Vice President
SCOTT J. CHASANOFF ISAAC B. OBSTFELD
Vice President Vice President
CLAUDIA H. COUCH HARRY M. ZIMBALIST
Vice President Vice President
SHUET H. DONG STANLEY G. BARWINSKI
Assistant Vice President Assistant Vice President
DONNA J. CROUCH ROBERT GALLETTA
Automation Officer Automation Officer
PETER MORREALE ANAT GOURJI
Automation Officer Automation Officer
64
FEDERAL RESERVE BANK OF NEW YORK
2007 ANNUAL REPORT
BANK SUPERVISION GROUP
WILLIAM L. RUTLEDGE
Executive Vice President
Network and Data Center Operations FINANCIAL SECTOR POLICY Community Banks/Regional
LENNOX A. MYRIE AND ANALYSIS Banks/Professional Development
Vice President ARTHUR G. ANGULO HOMER C. HILL, III
Senior Vice President Vice President
GERARD P. COLLINS
Vice President STEFAN WALTER ARMIN LOVI
Senior Vice President Examining Officer
GEORGE T. INSERRA, JR.
Assistant Vice President LEROY MCNALLY
Financial Sector Trends Team Examining Officer
JAMES J. LEARY
Assistant Vice President ROBARD B. WILLIAMS
Vice President Foreign Banks/Technical Assistance
Strategic Analysis TIMOTHY P. CLARK DANIEL A. MUCCIA
and Technical Training Assistant Vice President Senior Vice President
NAHLA S. ALY ROBERT P. ALLER
Assistant Vice President Policy Department Assistant Vice President
LANCE W. AUER LAURENCE C. BONNEMERE
Vice President Assistant Vice President
RICHARD H. MEAD GREGORY K. CARROLL
Bank Supervision Officer Examining Officer
JOHN E. TSCHIRHART DAVID G. DUDLEY
Bank Supervision Officer Examining Officer
RICHARD C. HEESELER
RELATIONSHIP MANAGEMENT
Examining Officer
AND APPLICATIONS
SARAH J. DAHLGREN JOHN F. REYNOLDS
Senior Vice President Examining Officer
On leave of absence. 65
BANK SUPERVISION GROUP (CONTINUED)
Large Complex Banking RESOURCE AND LOGISTICS Credit Risk
Organizations MANAGEMENT DIANNE K. DOBBECK
JEANMARIE DAVIS ZAHRA EL-MEKKAWY Vice President
Senior Vice President Senior Vice President
F. CHRISTOPHER CALABIA
JOHN G. RICKETTI Vice President
Vice President Data Resources/Information
Management CAROLINE FRAWLEY
DENNIS A. HERBST Vice President
MARK E. MINDLIN
Assistant Vice President
Vice President KEVIN D. COFFEY
ASSUNTA MUGLIA Examining Officer
BETTYANN L. GRIFFITH
Assistant Vice President
Bank Supervision Officer JOHN HEINZE
JOHN J. RUOCCO Examining Officer
Assistant Vice President
Resource Planning and Coordination
BARBARA J. YELCICH NATHAN BEDNARSH Legal and Compliance Risk
Assistant Vice President Assistant Vice President JAMES K. HODGETTS
Senior Vice President
IRA S. ADLER
Examining Officer Supervision Training JONATHAN I. POLK
and Development Vice President
KEVIN J. CLARKE
Examining Officer MARGARET E. BRUSH
SARAH P. ADELSON
Bank Supervision Officer
Assistant Vice President
BRIAN E. EARLY
Examining Officer MAYRA GONZALEZ
NICHOLAS FARCO
Bank Supervision Officer
Assistant Vice President
ANNE GOLDEN
Examining Officer ROBERT G. GUTIERREZ
RISK MANAGEMENT
Examining Officer
MARK C. SCAPP
BRIAN L. PETERS
Examining Officer KATHLEEN J. HOLLINGS
Senior Vice President
Examining Officer
LILY THAM
Examining Officer Credit and Risk Management ROBERT A. OTERO
Examining Officer
JAMES B. WALL ANTHONY O. CIRILLO
Examining Officer Assistant Vice President
66
FEDERAL RESERVE BANK OF NEW YORK
2007 ANNUAL REPORT
CORPORATE GROUP
EDWARD F. MURPHY
Executive Vice President
NIRMAL V. MANERIKAR
Senior Vice President
Market and Liquidity Risk CORPORATE AND SYSTEMWIDE PAUL D. WHYNOTT
STEVEN J. MANZARI INITIATIVES Vice President
Vice President JANE W. THOMAS EVELYN E. KENDER
Assistant Vice President Assistant Vice President
WILLIAM J. BRODOWS
Assistant Vice President JOANNE M. VALKOVIC
FINANCIAL MANAGEMENT
KATHRYN B. CHEN Assistant Vice President
LEON TAUB
Examining Officer SHARON T. WONG
Senior Vice President
ANDREW HUSZAR Assistant Vice President
ROBERT M. POFSKY
Examining Officer MICHELE BRAUN
Assistant Vice President
Human Resources Officer
Models and Methodologies MICHAEL J. HIGGINS
Accounting
JAMES M. MAHONEY Human Resources Officer
LEON TAUB
Assistant Vice President
Senior Vice President MARGARET M. MULLINS
Human Resources Officer
Operational Risk JOSEPH J. MARRACCINO
Assistant Vice President
THEODORE LUBKE REAL ESTATE AND
Senior Vice President GENERAL SERVICES
MANAGEMENT INFORMATION
HELEN E. MUCCIOLO LOLA S. JUDGE
LEON TAUB
Vice President Vice President
Senior Vice President
JOSEPH L. GALATI, II RICHARD L. PRISCO
SCOTT R. GURBA
Assistant Vice President Assistant Vice President
Vice President
THOMAS A. ORAVEZ THOMAS P. REILLY
DONALD J. WENNER
Assistant Vice President Assistant Vice President
Management Information Officer
RONALD P. STROZ JOSEPH D. J. DEMARTINI
Assistant Vice President EROC Administrative Services Officer
HUMAN RESOURCES
TODD M. WASZKELEWICZ ELAINE D. MAURIELLO
Assistant Vice President Senior Vice President STRATEGIC INVESTMENT AND
RISK ASSESSMENT OFFICE
WILLIAM C. FRANCIS, SR. DIANE T. ASHLEY
Examining Officer ELIZABETH IRWIN-MCCAUGHEY
Vice President and Diversity Officer
Senior Vice President
ROGER R. GRAHAM PHILIP S. SLEEMAN
Examining Officer SUZANNE BENVENUTO
Vice President
SIRA Officer
GERALD L. STAGG, M.D.
MARIA MASSEI-ROSATO 67
Medical Director
SIRA Officer
EMERGING MARKETS EXECUTIVE OFFICE
AND INTERNATIONAL
AFFAIRS GROUP TIMOTHY F. GEITHNER CHRISTINE M. CUMMING
President First Vice President
TERRENCE J. CHECKI CHRISTOPHER J. MCCURDY
Executive Vice President Senior Advisor to the President
Development Studies Chief of Staff 's Office MARGARET G. CARMODY
and Foreign Research MICHAEL F. SILVA Assistant Vice President
JOHN J. CLARK, JR. Chief of Staff and Senior Vice President CHERYL A. GLEASON
Senior Vice President Assistant Vice President
MICHAEL A. HELD
MATTHEW D. HIGGINS Corporate Secretary and Counsel RAE D. ROSEN
Assistant Vice President Assistant Vice President
GRAHAM INGHAM
HUNTER L. CLARK Advisor to the President BARRY M. SCHINDLER
International Officer Assistant Vice President
MARYANN MARON
Assistant Corporate Secretary S. ANDREW WILLIAMS
Financial Markets and Institutions and Assistant Vice President Assistant Vice President
B. GERARD DAGES MARGARET M. MCCONNELL
Senior Vice President Deputy Chief of Staff for Policy Equal Employment Opportunity
JENNIFER S. CRYSTAL JANET RESELE-TIDEN LENNOX A. MYRIE
Assistant Vice President Assistant Vice President Vice President
and Assistant Corporate Secretary
International Affairs Executive Oversight Group
RONA B. STEIN
MICHELE S. GODFREY Assistant Corporate Secretary JAMES NARRON
Senior Vice President and Assistant Vice President Project Director
HOWARD J. HOWE
Assistant Vice President Communications and Regional Payments Policy
and Community Affairs
SANDRA C. KRIEGER
CALVIN A. MITCHELL, III Senior Vice President
Senior Vice President
LAWRENCE M. SWEET
ERICA L. GROSHEN Senior Vice President
Director of Regional Outreach
LUCINDA M. BRICKLER
KAUSAR HAMDANI Vice President
Vice President
LAWRENCE J. RADECKI
ELIZABETH A. RODRIGUEZ Vice President
Vice President
and Community Affairs Officer MARSHA TAKAGI
Payments Policy Officer
Will retire April 1, 2008.
68 Will retire February 1, 2008.
FEDERAL RESERVE BANK OF NEW YORK
2007 ANNUAL REPORT
FINANCIAL SERVICES GROUP
CARL W. TURNIPSEED
Executive Vice President
Subcommittee on Credit Risk Buffalo Branch Operations Electronic Payments
Management Administration KAUSAR HAMDANI GAIL R. ARMENDINGER
Office (SCRM) Interim Branch Manager Vice President
SANDRA C. KRIEGER
RICHARD M. DEITZ CARL P. LUNDGREN
Senior Vice President
Regional Economics Officer Assistant Vice President
MELANIE L. HEINTZ
ROBYN A. BRANDOW
Assistant Vice President
Business Development Electronic Payments Officer
JANET S. RESELE-TIDEN THOMAS P. CONNOLLY
MARK S. HARRIS
Assistant Vice President Assistant Vice President
Electronic Payments Officer
and Assistant Corporate Secretary
BELINDA WILLIAMS
SUSAN E. VALENTINE Cash and Custody
Electronic Payments Officer
SCRM Officer
ROSEANN STICHNOTH
Senior Vice President
Federal Reserve System's Customer
Wholesale Product Office
ROBERT G. KRAUS Relations and Support Office (CRSO)
LAUREN A. HARGRAVES Assistant Vice President
THEODORE T. KURDES
Senior Vice President
RONALD G. HENRY Assistant Vice President
and Wholesale Product Manager
Cash and Custody Officer and National Account Manager
KENNETH S. ISAACSON
Vice President JOHN M. HILL
Cash and Custody Officer Group Support Staff
ANTHONY G. FRESSOLA ANN M. HERON
Assistant Vice President Assistant Vice President
International Cash Department
DENISE B. SCHMEDES
DAVID A. DUTTENHOFER, JR.
Assistant Vice President International Treasury Services
Assistant Vice President
PATRICIA HILT
JEFFREY PRUIKSMA
Assistant Vice President
Cash and Custody Officer
BRIAN JACK
International Treasury Services Officer
Check
LARRY WHITNEY
Vice President and Regional Manager
JOHN HOKE
Assistant Vice President
69
LEGAL GROUP
THOMAS C. BAXTER, JR.
General Counsel
and Executive Vice President
Bank Applications JAMES R. HENNESSY JENNIFER A. WOLGEMUTH
JOYCE M. HANSEN Counsel and Vice President Counsel
Deputy General Counsel HAERAN KIM JAMES P. BERGIN
and Senior Vice President Counsel and Vice President Counsel
IVAN HURWITZ SHARI D. LEVENTHAL GREGORY CAVANAGH
Counsel and Vice President Counsel and Vice President Counsel
ANNE M. MACEWEN MICHAEL NELSON CATHERINE KUNG
Banking Applications Officer Counsel and Vice President Counsel
MICHAEL SCHUSSLER VALERIE K. WILDE
Compliance
Counsel and Vice President Counsel
MARTIN C. GRANT
Chief Compliance Officer MICHAEL V. CAMPBELL
Protection
and Senior Vice President Counsel
NICHOLAS L. PROTO
MARINA I. ADAMS JOHN S. CASSIDY Vice President and Chief Investigator
Assistant Vice President Counsel
SEAN O'MALLEY
RICHARD E. CHARLTON Senior Investigative Officer
Legal Counsel
CORWIN KONG
JOYCE M. HANSEN DENLEY Y. S. CHEW Protection Officer
Deputy General Counsel Counsel
and Senior Vice President ROBERT N. SAMA
DAVID L. GROSS Protection Officer
THOMAS H. ROCHE Counsel
Deputy General Counsel Records Management
and Senior Vice President MICHELE H. KALSTEIN
VACANT
Counsel
RALEIGH M. TOZER
Deputy General Counsel MICHELLE A. MEERTENS
and Senior Vice President Counsel
YOONHI GREENE JOSEPH H. SOMMER
Counsel and Vice President Counsel
MICHAEL A. HELD SOPHIA R. VICKSMAN
Corporate Secretary and Counsel Counsel
STEPHANIE A. HELLER DIANE VIRZERA
Counsel and Vice President Counsel
70 On leave of absence.
FEDERAL RESERVE BANK OF NEW YORK
2007 ANNUAL REPORT
MARKETS GROUP
WILLIAM C. DUDLEY
Executive Vice President
Capital Markets Analysis and Trading Central Bank and International Financial Management
PATRICIA C. MOSSER Account Services and Discount Window
Senior Vice President RICHARD P. DZINA SUSAN E. MCLAUGHLIN
Senior Vice President Assistant Vice President
DEBORAH A. PERELMUTER
Senior Vice President BETTY S. LAU MARIA GRACE AMBROSIO
Vice President Assistant Vice President
HAYLEY BOESKY
Vice President TIMOTHY J. FOGARTY WILLIAM A. WALSH
Assistant Vice President Assistant Vice President
TIMOTHY D. JOHNSON
Assistant Vice President MICHELE R. WALSH ANNMARIE S. ROWE-STRAKER
Assistant Vice President Markets Officer
ALEJANDRO A. LATORRE
Assistant Vice President VIKEN CHAKRIAN
Markets Officer Markets Group Automation Services
LORIE K. LOGAN
MICHAEL J. RECUPERO
Assistant Vice President NATASHA M. ZABKA
Senior Vice President
Markets Officer
MICHAEL SCHETZEL
ANDREW M. DANZIG
Assistant Vice President
Domestic Reserves Management Vice President
STEVEN FRIEDMAN
R. SPENCE HILTON THOMAS I. PIDERIT
Markets Officer
Vice President Vice President
OLIVER A. GIANNOTTI
CHRISTOPHER R. BURKE MICHAEL J. BURK
Markets Officer
Assistant Vice President Assistant Vice President
FRANK M. KEANE
JOHN C. PARTLAN PAUL KOWALENKO
Markets Officer
Markets Officer Assistant Vice President
DEBORAH L. LEONARD
Markets Officer
Treasury Auction System Project
ANGELA L. O'CONNOR ANNE F. BAUM
Markets Officer Vice President
71
RESEARCH AND STATISTICS GROUP
JOSEPH S. TRACY
Executive Vice President
and Director of Research
Capital Markets International Research Microeconomic and Regional Studies
MICHAEL J. FLEMING PAOLO A. PESENTI ANDREW F. HAUGHWOUT
Assistant Vice President Assistant Vice President Assistant Vice President
ARTURO ESTRELLA LEONARDO BARTOLINI JAMES A. ORR
Senior Vice President Senior Vice President Assistant Vice President
JOSHUA ROSENBERG LINDA S. GOLDBERG HENDRIKUS W. VAN DER KLAAUW
Research Officer Vice President Assistant Vice President
ASANI SARKAR THOMAS KLITGAARD GIORGIO TOPA
Research Officer Assistant Vice President Research Officer
JAMES HARRIGAN Money and Payments Studies
Financial Intermediation Research Officer
JAMES J. MCANDREWS
TIL SCHUERMANN
Senior Vice President
Assistant Vice President Macroeconomic and Monetary Studies
KENNETH D. GARBADE
BEVERLY J. HIRTLE SIMON M. POTTER
Vice President
Senior Vice President Vice President
JOHN E. KAMBHU JAMES A. KAHN Publications
Vice President Vice President VALERIE D. LAPORTE
Research Officer
ZHENYU WANG RICHARD W. PEACH
Vice President Vice President
Research Support
HAMID MEHRAN MARCO DEL NEGRO CHARLES STEINDEL
Assistant Vice President Research Officer Senior Vice President
STAVROS PERISTIANI BART HOBIJN BARBARA J. DICKINSON
Assistant Vice President Research Officer Assistant Vice President
DONALD MORGAN JONATHAN P. MCCARTHY
Statistics
Research Officer Research Officer
KENNETH P. LAMAR
JOĆO A. SANTOS ROBERT W. RICH Senior Vice President
Research Officer Research Officer
DEBRA L. GRUBER
ARGIA M. SBORDONE Assistant Vice President
Research Officer
RICHARD E. MOLLOY
Statistics Officer
P. BETH SCHWARTZBERG
Statistics Officer
72 On leave of absence.