November 30, 2007

Prince George's Community College Wins Baltimore Fed's Community College Fed Challenge Competition

Baltimore, MD

Prince George's Community College won the regional Community College Fed Challenge Competition held Nov. 20 at the Baltimore Office of the Federal Reserve Bank of Richmond.

The winning team included Louis Woodland, Roger Shane Doughlin, Marion Logan, and alternates Gloria Williams and Gladys Williams. The team was coached by Professor Margaret Njoroge and Dr. Nelson Kofie. Baltimore City Community College was a finalist in the competition. Team members included Olufemi Ajibade, Dwight Gibson, Marcus Maffett, and Michael Williams, and was coached by Dr. Barbara Murray.

As part of the competition, teams delivered 20-minute presentations on monetary policy to Federal Reserve Economist Andrew Bauer, Branch Manager and Senior Vice President David Beck, and Public Affairs Manager Kylie-Ann Allen. The teams were scored on content, teamwork, responses to questions, presentation and style.

The Federal Reserve sponsors Fed Challenge competitions nationwide to encourage better understanding of the nation's central bank and the forces influencing economic conditions in the United States and abroad. For more information, contact your local Federal Reserve Bank or call 1.877.FED.CHLG.

The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia. As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities. We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.


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