Congratulations to the 2008 QCC Fed Challenge Team for having competed in the November 11th New York District regional competition. Our team members this year were Rohini Gupta, Richie Hroncich, Fernando Zapata, Alexandra Gilbert, Daniel Liu, AshleyValencia, Ka Wa Lau, and Hafsa Yakoob
The Fed Challenge is a nationwide intercollegiate competition sponsored by the regional Federal Reserve offices, with the winner of each region competing in a national final competition held in Washington D.C. in December. This is the seventh year of the college competition, and the third year that two year schools competed in their own division. |

Left to right: Rohini Gupta, Richie Hroncich, Fernando Zapata, Alexandra Gilbert, Daniel Liu, AshleyValencia, Ka Wa Lau, Hafsa Yakoob |
The New York regional competition was held on Monday, November 11th at the Federal Reserve building in downtown NYC. The list of twenty three area colleges competing included Rutgers, Princeton, Baruch, and University of Pennsylvania.
The objective of the competition is to promote understanding of our Federal Reserve System among college students, and while our team members did not qualify for the next round of the competition they certainly achieved this objective. Their presentation discussed economic indicators such as consumer confidence, unemployment and inflation. It also covered the housing market issue and the weakening of the U.S. dollar. The team devoted many hours on evenings and weekends preparing for the event over the past two months, and has every reason to be proud of their performance in the competition.
Too often we focus on awards and winning. The 2008 team is special because of who they are and how they came together as team. All eight of the team members are working students. All of them came from different backgrounds and through hard work and working together became a team with each person supporting one another. We are proud of what they accomplished and who they became in the process.
The team is sponsored by the Business Department and the QCC Honors Committee. Faculty advisors are Assistant Professors Christine Mooney and Ed Hanssen. |