CNBC’s Rick Santelli To Analyze Obama Economic Machine At The American College Knowledge Summit

BRYN MAWR, PA – May 28, 2009 – Rick Santelli, CNBC’s bombastic on-air editor, will share his insights into the current administration’s economic policies as part of the annual Frank M. Engle Lecture in Economic Security and Luncheon from 12:00 p.m. to 1:30 p.m. as part of The American College Knowledge Summit in Boston on October 28, 2009. 

As part of his presentation, Santelli will share his thoughts on the economic policies of the Obama administration, including the financial bailout and our increasing national debt.  He is best known for his on-air venting from the Chicago Board of Trade in February 2009, where he denounced President Obama’s mortgage bailout plan.  As part of his extemporaneous criticism of the plan, Santelli accused the government of “promoting bad behavior.” 

“Rick’s insights into the Obama administration and their economic philosophies are important because we need robust dialogue now more than ever,” notes Larry Barton, Ph.D., President and Chief Executive Officer of The American College. 

“Financial professionals attending The American College Knowledge Summit will have a unique opportunity to hear directly from one of the nation’s leading journalists and pundits on how the administration’s economic policies could affect them directly.”

For more information about Santelli’s presentation, “The Obama Economic Machine: Will It Work?” visit TheAmericanCollege.edu/Summit2009

Santelli joined CNBC Business News as on-air editor in June 1999, reporting live from the floor of the Chicago Board of Trade.  His focus is primarily on interest rates, foreign exchange and the Federal Reserve.  A veteran trader and financial executive, Santelli has provided live reports on the markets in print and on local and national radio and television.  

He joined CNBC from Sanwa Futures, L.L.C. where he was a vice president responsible for handling institutional trading and hedge accounts for a variety of futures related products.  Prior to that, Santelli served as vice president of Institutional Futures and Options at Rand Financial Services Inc.

Santelli earned a Bachelor of Science degree from the University of Illinois Champaign/Urbana.  He is a member of both the Chicago Mercantile Exchange and the Chicago Board of Trade.

The Engle Lecture aims to stimulate objective study of the economic life of the United States in the global economy, with particular emphasis on the social and economic impact of private and public economic security mechanisms.  The American College, the leader in financial services education, is proud to sponsor this lecture series now in its 32nd year.  

The American College is dedicated to leadership in innovative training and development that helps financial services companies and their employees succeed.  As a non-profit educational institution holding the highest level of academic accreditation, The College has served as a valued business partner to banks, brokerage firms, insurance companies and others for over 82 years.  The American College’s faculty represents some of the financial services industry’s foremost thought leaders.  For more information, about the Engle Lecture, The American College and this year’s Knowledge Summit in Boston visit TheAmericanCollege.edu

Contact: 

Eric B. Gordon
Assistant Vice President for Communications
(610) 526-1450