next to the john mousseau who is over 30 just investment management experience and is executive viceresident director of fixed income and portfolio manager for municipal bond investments at cumberland advisors. he's a member of the national federation of municipal analyst, a new york society of security analysts, and his writing -- his writing has appeared in the bonfire and "the wall street journal" and the new times and he was last with us on this panel to discuss the bankruptcy been living of the city of detroit, and we welcome them back to discuss discuss some more complex and interesting issue. our third panelist as my colleague and the co-organized this conference, desmond lachman who specialize in the global macroeconomy, exchange rate policy, u.s. housing market and multilateral institutions. previously managing director at salomon smith barney in deputy director of the international monetary fund. desmond has written extensively on the global economic crisis, the dollar, the strength of the euro area and on the greek debt crisis in particular about which he has been an unrel