PITTSFIELD >> The Osher Lifelong Learning Institute at Berkshire Community College, presents at 3 p.m. on Wednesday, an illustrated talk by Sandra Krieger on the Great Recession of 2008-2010 and the Federal Reserve Bank's response to it, as part of OLLI's 2016 Distinguished Speakers Series.

Krieger was a senior official at the Federal Reserve of New York during the Great Recession of 2008-2010. She helped to create and implement the unprecedented special facilities employed by the Federal Reserve in response to the economic turmoil following the collapse of the housing market in 2008. In this presentation, she will provide a firsthand account of the Federal Reserve's objectives and actions during the crisis.

A 33-year veteran of the Federal Reserve Bank of New York, between 2008 and 2015 she was executive vice president, chief risk officer and member of the Management Committee of the Bank, retiring in 2015. During her 33-year career at the bank, she was on the front lines of the Federal Reserve's responses to crises, including 9/11 and the Great Recession.

Over her career, Krieger was responsible for monetary policy operations, policy development for the systemically vital payments systems, and managing operational and financial risk within the Federal Reserve Bank of New York.

Krieger holds a Ph.D. in economics from University of California, San Diego, where she concentrated in econometrics and time series analysis.


The talk will be held at Berkshire Community College, located at 1350 West St., in room G-10 of the Susan B. Anthony Center (off the cafeteria on the ground floor).

Tickets are $10 for OLLI members and $15 for the general public. BCC staff, students, and youth 17 and under admitted free. Forum credit is available for students. Space is limited and reservations are recommended and can be made by calling 413-236-2190.