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EDUCATIONAL BACKGROUND
Pace University School of Law, J.D., 1996, admitted in New York, Second Circuit, and United States Supreme Court
Negotiable Instruments Law, Letter of Credit Law, Commercial Transactions, Federal Income Tax Law, Real Estate Law, Administrative Law, Municipal Law, Negotiations Law Review: Some Legal Issues Concerning the Use of Derivatives by Municipalities and their Authorities
Growth and Development Dissertation: A Comparison of Fluctuations in Economic Activity: Planned and Market Economies, 1950-1977.
and Their Impact on the General Price Level. Additional Education and Training Insurance Licensing Courses, IDS Financial Corp., 1986 Series 7 and 63 Licensing Courses, IDS Financial Corp., 1986 Basic Floor Trading, New York Futures Exchange, New York, NY, 12-20 Oct 1982 Floor Trader's Night, New York Futures Exchange, New York, NY, 5 Oct 1982 Basic Accounting, Chase Manhattan Bank, 1970 TEACHING EXPERIENCE Full-time Teaching Experience
Part-time Teaching Experience
Graduate Courses
Queens and Staten Island Campuses Undergraduate Courses ECO 1301 Principles of Macroeconomics Online Courses Undergraduate 1998-present Editorial Review Board, Journal of International Business and Technology
1998-present Attorney at law, sole practitioner (part-time)
1998-2005 Attorney at law, Of Counsel, Winston & Winston, Scarsdale, NY (relocated from Rye, NY in 2001; retired to Arizona in 2005)
1996-1998 Attorney at law, Associate (part-time), Winston & Winston, Rye, NY
1990-1996 Paralegal (part-time), Winston & Winston, Rye, NY.
1983-present Economics and Financial Consultant (part-time, self-employed) http://www.kellysearch.com/us-product-33079.html
Personal Financial Consultant Analyze household budgets and construct plans for individuals and families to obtain desired financial goals and stability. Compensation Analyst Analyze and compute damages for lost wages and other opportunity costs in wrongful death and severe personal injury cases. 1988-1990 Book Reviewer (part-time), Dryden Press, Hinsdale, Il.
1988-1988 Educational Director (part-time), Tefft Business School, White Plains, NY.
1987-1988 Regional Marketing Director (part-time), Career Blazers, White Plains, NY.
1980-1984 Options Trading Specialist (part-time, self-employed)
1968-1971 Senior Computer Programmer/Systems Analyst (full-time), Chase Manhattan Bank, New York, NY.
Project Leader for 3-member systems programming team. Complete knowledge of systems for multi-billion dollar demand deposit and savings-type deposit operations. 1967-1968 Bank Supervisor (full-time), Manhattan Savings Bank, New York, NY.
Websites http://www.drfurfero.com (redesigned June 2000, installed January 1998; formerly http://members.aol.com/momma440, installed August 1997) This website was totally redesigned into a frame format to make it more user friendly, more compatible with the different operating system platforms and browsers, and easier to view. Since its inception in August 1997, the website has housed readings and all course materials for my St. John's courses. The website now includes two textbooks, Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, 9th ed. (2004) and Financing the Economy, 2nd ed. (2004), as well as several articles. In 2002, Financing the Economy was also designed as a series of modules that can be found in the Assignments pages for ECO 2309 Money and Banking: http://www.drfurfero.com/courses/2309/frames/framea.html. Students are hyperlinked from the website to relevant readings and databases at other websites. Each course has its own Discussion Forum and Chatroom. The website is registered with all major search engines and may be accessed by searching on general economic and finance terms or the author's name. It is also listed in "Economists with Web Pages," The World Bank Group, at http://www1.worldbank.org/wbiep/economists.html#F, and "ARGMAX" at http://www.argmax.com/ewwp_search.php. The Money and Banking course and the Monetary and Fiscal Policies course are registered with "World Lecture Hall," University of Texas, at http://www.utexas.edu/world/lecture/. Other websites linking to the site include "Longwaves in Socioeconomic Growth and Development," Jim Corredine, at http://www.homestead.com/longwaves/, "Money, Financial Markets, and the Economy," Dr. Robert Riley, Associate Professor, Department of Economics, University of St. Thomas, http://milkweed.econ.stthomas.edu/%7Erjriley/econ335.html, and Al Brenner, Department of Business & Economics Al's Free University, at http://alseye.com/freeu/fubusiness.htm. This site is under constant construction as need requires and as additional courses, books, articles, and hyperlinks are added. Books Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, 9th ed. (2004). Published at http://www.drfurfero.com/books/p631book/book.html. The book was originally published in hard copy in 1987 and was first installed on the website in 1998. The book recites the nuts and bolts of materials that the graduate MBA students need to analyze macroeconomic problems in ECO 231: Monetary and Fiscal Policies. The economic and financial academic and professional backgrounds of the students in this course vary significantly from virtually no knowledge to substantial knowledge. No quality textbook currently exists. This book levels the playing field for all of the students in the course and sets the stage for an in depth analysis of contemporary macroeconomic problems during classroom discussions. It also includes a new methodology for analyzing macroeconomic problems and their policy solutions. The book is currently complete with 21 chapters (approximately 1,000 printed pages). Each chapter contains hyperlinks to many online scholarly articles and electronic databases. The book is continually updated as new articles and materials become available. As time and resources permit, selected contemporary problems will be written and appended to the principal text. Financing the Economy, 2nd ed. (2004). Published at http://www.drfurfero.com/books/2309book/book.html. The book was previously published on this website as Money, Banking, and the Economy (1998) and has also been redesigned into a series of modules that can be found in the Assignments pages for the ECO 2309 Money and Banking course: http://www.drfurfero.com/courses/2309/frames/framea.html. The book and the modules are the author's version of how money, commercial banks, other financial institutions, and the Federal Reserve interact with the real economic sectors to provide an efficient flow of funds for production, employment, and income. The book is currently complete with 15 chapters (approximately 700 printed pages). Each chapter contains hyperlinks to many online scholarly articles and electronic databases. The book is continually updated as new articles and materials become available. As time and resources permit, selected contemporary problems will be written and appended to the principal text. Macroeconomic Policies Around the World (projected 2004). To be published at http:// www.drfurfero.com. The book is an anthology of case studies of foreign countries' macroeconomic problems and policies designed to serve as a case studies book for a course in International Monetary and Fiscal Policies or simply as a readings book for the Monetary and Fiscal Policies course. The book systematizes macroeconomic goals and institutions in different countries for a comparative analysis of the countries' macroeconomic policies and their effectiveness. I have developed a new methodology for identifying the appropriate fiscal and financial linkages for successful implementation of monetary and fiscal policies. Each case study compares the country's actual fiscal and financial linkages to the referent model, extracts the country's strengths and weaknesses, makes proposals for improvements for the successful implementation of monetary and fiscal policies, and suggests alternative macroeconomic policies for cases in which the linkages are too weak to support contemporary monetary and fiscal policies. The book is in the initial stages of compilation, the methodology is structured, the theoretical concepts and standards for comparisons developed, and six (6) case studies have been written on Guyana, Hong Kong, Jamaica, Singapore, Taiwan, and Trinidad and Tobago. The case of Bangladesh is under construction. When finished, the book is estimated to have 30 chapters (approximately 600 printed pages). Book Chapters Financial System Reforms for Economic Stabilization in the Caribbean Countries: Jamaica, Caribbean and Latin American Economic Development, ed. by Stanley J. Lawson and Charles H. Little, St. John's University, 1995, 199-210 Refereed/Peer-Reviewed Articles Pozen Committee Update: Conceptual Approaches and Future Considerations, Journal of Bank Accounting & Finance, Aug/Sep 2008, co-authors: M. E. Ellis and Adrian P. Fitzsimons, http://www.bankaccountingandfinance.com/RecentIssues.htm#August2008 Pozen Committee Update: Improvements to Financial Reporting, Journal of Bank Accounting & Finance, Jun/Jul 2008, co-authors: M. E. Ellis and Adrian P. Fitzsimons, http://www.bankaccountingandfinance.com/RecentIssues.htm#June2008 On Current 'State of the Arts' Trading and Efficient Markets, Journal of Business, Manhattan College, 13(1) Winter 1985, 8-14 (to be reprinted at http://www.drfurfero.com/articles/art04/art04.html) The Long Wave Revisited: The Case for a Supply Management Program for Economic Revitalization, New York Economic Review, XIV 1984, 42-49 The Long Wave, Metropolitan Purchaser, 12(8) August 1983, 16-17 Online Articles The Necessary and Proper Clause: National Bank Charters, 3 Jul 2004 http://www.drfurfero.com/articles/art09/art09.html Everything You Ever Wanted To Know About Antitrust Laws But Were Afraid To Ask!!! 28 Jan 2002, rev'd 28 Apr 2009 http://www.drfurfero.com/articles/art10/art10.html Is the Phillips Curve Dead? The Dismal Scientist, 2 Mar 1999 http://www.dismalscientist.com/dqs/dq030299.stm, reproduced at http://www.drfurfero.com/articles/art07/art07.html Why Economists Have Two Hands, 1998 http://www.drfurfero.com/articles/art02/art02.html Seven Good Reasons for Retaining the Narrow Definition of Good Faith in Letter of Credit Law: The Case of Wrongful Dishonor, 15 Dec 1995 http://www.drfurfero.com/articles/art03/art03.html It Can't Happen Again, 1987 http://www.drfurfero.com/articles/art01/art01.html The New Deal, Jun 1983 http://www.drfurfero.com/articles/art05/art05.html Invited Papers The Long Wave: An Unorthodox Methodology for Economic Forecasting, Review of Business, St. John's University, 5(3) Winter 1983, 10-15 Book Reviews Macroeconomic Issues and Policies: The Case of Bangladesh, Akhtar Hossain, Sage Publications, New Delhi, India: 1996, 310 pages, in Journal of Comparative Economic Studies, XXXX(1), Spring 1998 http://www.allbusiness.com/government/675414-1.html Bastard Keynesianism: The Evolution of Economic Thinking and Policymaking since World War II, Lynn Turgeon, Greenwood Press, Westport, CT, 1996. 149 pages, for Review of Business, St. John's University Joan Robinson --- A Bio-Bibliography, James Cicarelli and Julianne Cicarelli, Greenwood Press, Westport, CT, 1996, 164 pages, for Review of Business, St. John's University The Long Wave, Nikolai Kondratieff, translated by Guy Daniels, Introduction by Julian M. Snyder, Richardson and Snyder, New York, 1984, 138 pages, for Review of Business, St. John's University Proceedings Financial System Reforms for Economic Stabilization in the Caribbean Countries: Jamaica, Proceedings of the Eighth International Congress of the North American Economic and Finance Association, Conference Volume, Charles H. Little and Stanley J. Lawson, eds., Montego Bay, Jamaica. 6-8 August, 1993, Addendum Abstracts Judicial Review and the Economic Process: A Long Wave Approach, Atlantic Economic Journal, XIII(1), March 1985, 62 The Impact of Economic Organization on Income Distribution, Atlantic Economic Journal, XIII(1), March 1985, 63-64 Online Publications Citations Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, in "Deconstructing the 'European Unemployment Dilemma': A Case Study in the Manipulation of Statistics and Conceptual Models in the Discourse of 'Eurosclerosis'," James Paterson, Radical Statistics: Issue 88, 2005, pp. 40, 52 http://www.radstats.org.uk/no088/Paterson88.pdf Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, in "The Neoclassical-Keynesian Synthesis," The History of Economic Thought Website, New School for Social Research. http://cepa.newschool.edu/het/schools/synthesis.htm Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 3: Historical Background of Macroeconomic Policies in the United States, in "Teaching & Learning Center: Economics & Business," K-12 TLC. http://www.k12tlc.org/economic.htm Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 5: Policy Goals: Maximum Production, in "Business Cycles," Beartopia's Wall Street Mutiny. http://www.beartopia.net/beartopia/trivia_cycles.shtml Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 20: The Long Wave, on "Long-Wave Theories of Development," Gunter Krumme, University of Washington, Seattle. http://faculty.washington.edu/krumme/207/development/longwaves.html Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 20: The Long Wave, in "Long Wave History," The Long Wave Center. http://www.geocities.com/deuxsous/LWHist.html Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 20: The Long Wave, in "History and Social Change," SocioSite, Albert Benschop, Sociology Department, University of Amsterdam. http://www.sociosite.net/topics/history.php Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 20: The Long Wave, on "Nikolai Kondratieff and Long waves," Links for economists and historians of economic thought, Daniele Besomi. http://www.datacomm.ch/dbesomi/Links/links-16.html#kondratieff "The New Deal," in Black Thursday. . . Will History Repeat Itself?, Christopher Newport Center of Economic Education/Gemma Kotula Education Program Coordinator, Virginia Council on Economic Education http://www.vcee.org/pdf/black_thursday.pdf "Covered interest arbitrage," on "Doing Business with Japan," Google Answers, by paul_b_18-ga, 08 Apr 2004, 17:06 PDT http://answers.google.com/answers/threadview?id=327115 "It Can't Happen Again," on "Longwaves in Socioeconomic Growth and Development," Jim Corredine http://www.homestead.com/longwaves/ Online Course CitationsMoney, Banking, and the Economy, http://www.drfurfero.com/courses/eco2309/2309index.html
Economics 335 Money, Financial Markets, and the Economy, Dr. Robert Riley, Associate Professor, Department of Economics, University of St. Thomas. http://milkweed.econ.stthomas.edu/%7Erjriley/econ335.html Al Brenner, Department of Business & Economics Al's Free University. http://alseye.com/freeu/fubusiness.htm Online Website Citations "Longwaves in Socioeconomic Growth and Development," Jim Corredine, http://www.homestead.com/longwaves/ Other Online Professional Citations
Economists with Webpages, World Bank Group http://www1.worldbank.org/wbiep/economists.html#F
Current Research
"Fiscal and Financial Linkages in [Country]," a series of papers for presentation at professional conferences, publication in professional journals, and inclusion in Macroeconomic Policies Around the World (see above)
Professional Conferences: Formal Paper Presentations
"Financial System Reforms for Economic Stabilization in the Caribbean Countries: Jamaica," North Atlantic Economic and Finance Association, Montego Bay, Jamaica. 7 Aug 1993
Professional Conferences: Paper Discussant "Effects of Basel-II Standards on Small-Medium Size Enterprises: Evidence from the Istanbul Stock Exchange," Financial Services Institute Symposium, New York, NY, 12 Sep 2008 (powerpoint presentation)
Other Professional Appearances "New World Order: Can a global economy continue to be regulated on a non-global basis?" Panelist, New York International Law Review Symposium, St. John's University, Jamaica, NY, 6 Mar 2009 "The College Fed Challenge, Session II: Using the Fed Challenge in Teaching and Promoting Financial Literacy on Your Campus," panelist, Eastern Economics Association Annual Conference, New York, NY, 27 Feb 2009
"Your Money: Estate Taxes," TV Interview, hosted by Ali Velshi, CNNFN, 15 Jul 2003
Attendance at Special Professional Conferences and Seminars New York State AAUP Conference Annual Conference, Marymount Manhattan College, New York, NY, 17-18 Apr 2008, Keynote speakers: Martin Snyder, Associate General Secretary and Director of External Relations for the American Association of University Professors (AAUP), spoke on working together with AAUP and Alan Lubin, Executive Vice President of the New York State United Teachers union spoke on legislative Initiatives in New York State related to higher education"Distance Learning Faculty Peer Sharing Workshop," St. John's University, Jamaica, NY, 24 Feb 2009. "Ethics and Professionalism in Environmental Law: Up in Smoke?" Presenters: Wendy Kennedy Benoit, Steve Quigley, Ronald Stuff, Pace University School of Law, White Plains, NY, 20 Feb 2009, Continuing Legal Education class, professional ethics, 2 credits "The Federal Reserve in the 21st Century: A Symposium for College Professors," Federal Reserve Bank of New York, New York, NY, 7-8 Jan 2009. This two-day conference was presented by senior executives of the Federal Reserve Bank of New York. It covered the U.S. economic outlook, monetary policy, the subprime mortgage crisis, the regional economy, the evolving payments system, and recent developments in bank supervision and regulation. Agenda. Participation was by invitation only. "Financial Crisis and the Emerging Economies," a lecture by Prof. Leszek Balcerowicz, the architect of Poland's economic transformation after the fall of communism, Consulate General of Poland, New York, NY, 2 Dec 2008 "Dyson College Strategic Planning Task Force," Pace University, New York, NY, 2008, a task force to identify the role of liberal arts core courses and to propose a liberal arts core for programs aimed at teaching for the Òprofessions;Ó the task force met a minimum of 5 times during 2008 and produced a report for the University's President for considered implementation next academic year "Ethics Resource Program," Presenters: Loretta Musial and Deborah Scalise, Pace University School of Law, White Plains, NY, 5 Jun 2008, Continuing Legal Education class, professional ethics, 2 credits Journal Club, St. John's University, 22 Apr 2008, sponsored by the Center for Teaching and Learning, different SJU faculty members shared what they considered to be their Òbest practicesÓ in teaching
"The Federal Reserve in the 21st Century: A Symposium for College Professors," Federal Reserve Bank of New York, New York, NY, 10-11 Jan 2008. This two-day conference was presented by senior executives of the Federal Reserve Bank of New York. It covered the U.S. economic outlook, monetary policy, the subprime mortgage crisis, the regional economy, the evolving payments system, and recent developments in bank supervision and regulation. Agenda. Participation was by invitation only.
Other Professional Activities "First Year Moot Court Competition," Judge, Pace University School of Law, White Plains, NY, 14 Apr 2007, 20 Apr 2008, 19 Apr 2009, 25 Apr 2009, 26 Apr 2009New York State AAUP Conference Annual Conference, co-organizer, St. John's University, Jamaica, NY/Hofstra University, Garden City, NY, 18-19 Apr 2008 "High School FED Challenge," Judge, Federal Reserve Bank of New York, New York, NY, 17 Apr 2008, 1 Apr 2009 "College FED Challenge," Team Adviser/Coach, Federal Reserve Bank of New York, New York, NY, 8 Nov 2004 (wait list), 7 Nov 2005, 6 Nov 2006, 5 Nov 2007, 10 Nov 2008 "National Trial Advocacy Competition," Judge, Westchester County Courthouse, White Plains, NY, 8 Feb 2008 "International Criminal Moot Court Competition," Judge, Pace University School of Law, White Plains, NY, 27 Oct 2007 (2) "Grand Moot Court Competition," Judge, Pace University School of Law, White Plains, NY, 8 Dec 2007 (2), 7 Dec 2008 (2) "Student Trial Advocacy Competition," Presiding Judge, sponsored by the Association of Trial Lawyers of America, Kings County Supreme Court, 360 Adams Street, Brooklyn, NY, 28 Feb 2009 "Student Trial Advocacy Competition," Scoring Judge, sponsored by the Association of Trial Lawyers of America, New York County Supreme Court, 60 Centre Street, New York, NY, 1 Mar 2002, 2 Mar 2002, 27 Feb 2004, 26 Feb 2005, 3 Mar 2006, 5 Mar 2006, 7 Mar 2008 "National Environmental Law Moot Court Competition," Judge, Pace University School of Law, White Plains, NY, 21 Feb 2002, 19 Feb 2004, 25 Feb 2005, 23 Feb 2006, 24 Feb 2006, 23 Feb 2007, 20 Feb 2009 "Client Counseling Competition," Judge, Pace University School of Law, White Plains, NY, 22 Jan 2000, 27 Jan 2001, 19 Jan 2002, 31 Jan 2004, 20 Jan 2007, 10 Feb 2007, 9 Mar 2008 "Surfing Your Way to a Degree," Presentation, Faculty Research Forum, St. John's University, Jamaica, NY, 5 Apr 2000 Rutgers Club of New York City, Career Guidance Committee, 1984-1986 PSC-CUNY Research Award Program, Grant Reviewer, Spring 1984 SERVICE TO ST. JOHN'S UNIVERSITY University The Federal Reserve College FED Challenge, St. John's team, Adviser/Coach, Federal Reserve Bank of New York, New York, NY, 8 Nov 2004 (wait list), 7 Nov 2005, 6 Nov 2006, 5 Nov 2007, 10 Nov 2008
Faculty Association at St. John's University, AAUP-FA Contract Negotiator, 2001-2002, 2004
Curriculum and Programs Committee, 2001-2002, 2003-2004
Mentor, Masters Thesis, "The Science of Economics: A Contemporary Approach," David Rubio, MLA, Spring 2000 University Senate, 1989-1992
Faculty Affairs Committee, 1991-1992 College Faculty Council Student Affairs Committee, 2007-2008 Faculty Council Faculty Affairs Committee, 2000-2003 Faculty Council Ad Hoc Distance Learning Committee, 1999-present Faculty Council Ad Hoc Committee to Reevaluate the MBA Program, 1996-97 Faculty Council Graduate Educational Policy Committee, 1983-1988; Chair, 1983-1987 Outcomes Committee, Self-Evaluation for AACSB Accreditation, 1986-1987 Department Open House, Economics and Finance Department representative, St. John's Univeristy, Queens campus, 16 Nov 2008 (powerpoint presentation) Open House, Economics and Finance Department representative, St. John's Univeristy, Queens campus, 25 Oct 2008, designed and created a powerpoint of faculty, students, and department activites for display to prospective students and their parents Ad Hoc Committee to Redesign the Economics Principles courses, 2003-present Search Committee for Chair for Economics and Finance Department, 1999 Ad Hoc Committee to Survey Past and Present MBA Students in the Economics Specialization, 1998-99 Recording Secretary, Department of Economics and Finance, 1998-2008 Ad Hoc Committee to Review the Undergraduate Economics Curriculum, 1993-1994 Ad Hoc Committee to Attract and Retain Economics Majors, 1993-1994 Graduate Educational Policy Committee, 1981-1983, 1989-1991 Economics Lecture Series, Co-Chair, 1989-1990 Economics and Finance Society, Moderator, 1989-1990 Business Careers Seminar, Department Representative, 4 Apr 1989 Graduate Student Orientation (Queens), Department Representative, 23 Feb 1989 Ad Hoc Committee to Study MBA Economics Program, 1984 Student Orientation (Staten Island), Hostess, 1982-1984 Open House (Staten Island), Department Representative, 1982-1984 Several other standing and ad hoc departmental committees, including Master of Business Economics, PhD in Financial Economics, textbook committees, etc. RESEARCH IN PROGRESS, CONSULTING, AND TRAINING AND DEVELOPMENT Research In Progress Books
Articles
"Fiscal and Financial Linkages in [Country]." A series of papers for presentation at professional conferences, publication in professional journals, and inclusion in Macroeconomic Policies Around the World (see above). "Some Legal Issues Concerning the Use of Derivative Financial Instruments by State and Local Governments and Their Authorities" Consulting 1983-present Economics and Financial Consultant (part-time, self-employed)
Personal Financial Consultant Analyze household budgets and construct plans for individuals and families to obtain desired financial goals and stability. Compensation Analyst Analyze and compute damages for lost wages and other opportunity costs in wrongful death and severe personal injury cases. Training and Development 1988-1988 Educational Director (part-time), Tefft Business School, White Plains, NY.
1987-1988 Regional Marketing Director (part-time), Career Blazers, White Plains, NY.
Personal Computers
Internet Programming (HTML) Programming Languages - HTML, COBOL, FORTRAN, ASSEMBLER, BASIC Applications
Legal Research
WESTLAW and LEXIS/NEXIS
Certificate, "Financial Industry Knowledge," Brainbench, 28 Oct 2000 http://www.brainbench.com/xml/bb/homepage.xml
New York State Bar Association, 1992-present
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