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2 Dr. Michael Pettis is a professor of international finance at Peking University s Guanghua School of Management and Senior Associate at the Carnegie Endowment for International Peace. His work and research focuses on monetary policy, trade policy, and the development of the banking and financial markets in China. Prior to his current positions Pettis spent fifteen years as a banker and trader on Wall Street, nine years as an adjunct professor at the Columbia University Business School, and three years as a professor at the School of Economics and Management at Tsinghua University, in Beijing. Before moving to China in 2001 he was Managing Director and ran the Liability Management and Latin American Capital Markets groups at Bear Stearns. He has also run fixed income trading and capital market desks at CSFB and Manufacturers Hanover (now JP Morgan). During this time he has advised the Mexican government on the privatization of the national banking system, the Macedonian government on its commercial bank debt restructuring, the South Korean government on its 1998 commercial bank debt restructuring, and various Latin American governments on their debt issuance strategies. Pettis has published widely, including for Foreign Affairs, Foreign Policy, World Policy Journal, Far Eastern Economic Review, Columbia Journal of World Business, Wilson Quarterly, Financial Times, The Wall Street Journal, Newsweek, Caijing, and several other leading periodicals. He is also the author of several books including The Great Rebalancing: Trade, Conflict and the Perilous Road Ahead for the World Economy (Princeton University Press, 2013), After the Fall: The Future of Global Cooperation, (Geneva: Int l Center for Monetary and Banking Studies, 2012, co-authored with Jeffrey Frieden, Dani Rodrik and Ernesto Zedillo), Is China Vulnerable? The Causes and Consequences of Financial Fragility (Tsinghua University Press, 2003), The Volatility Machine: Emerging Economies and the Threat of Financial Collapse (Oxford University Press, 2001), and Managing Sub-Investment Grade Sovereign Risk (Euromoney Press, 1997). His latest book is Avoiding the Fall: China's Economic Restructuring (Carnegie Endowment for International Peace, 2013). Pettis received an MBA in Finance and an MIA in Development Economics from Columbia University. Vist Dr. Pettis blog The mission of CFA Society Minnesota is to promote and advance the professional excellence, ethical behavior and fellowship of our members through quality programs, educational offerings and volunteer opportunities. Founded in 1952, CFA Society Minnesota is the 10th-largest U.S. chapter of the CFA Institute, the global membership organization that awards the Chartered Financial Analyst (CFA) designation.

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