of the economic club of new york, andrew tish. [ applause ] >> good evening. i want to welcome you to the 419th meeting of the economic club of new york. 105th year. the economic club of new york is the nation's leading np economi. more than 1,000 speakers have appeared before this club in more than a century. establishing a strong tradition of excellence and importance. this tradition supported by the contributions from 158 members of the club's centennial society. their names are listed in the program and i thank you. tonight, we are pleased to welcome back to the club treasury secretary timothy geithner. secretary geithner last spoke to the club in june of 2008 when he was a club trustee and more importantly he was president of federal reserve bank of new york. secretary geithner was sworn in as the 75th secretary of the united states treasury on june 26th, 2009. he previously had served in the treasury department under three administrations. before coming to the federal reserve, he was at the imf. earlier in his career, he worked for kiss jer associates. s