Chicago Booth Alumni Club of DC’s Economic Forecast Dinner and moderated panel of economic forecasters at the Embassy of Singapore. All-star panel includes David Rubenstein JD '73, co-founder and Managing Director of private equity firm, the Carlyle Group; Steven Preston '85, Secretary, U.S. Department of Housing and Urban Development, and Steve Clemons, Director, American Strategy Program at the New America Foundation. The panel will be moderated by Karen Gibbs '78. Other panelist to be announced when confirmed. The Singapore Ambassador will attend and deliver the opening remarks. A Networking reception is prior to the 3-course seated dinner and panel.


Embassy of Singapore
3501 International Place, NW
Washington, District of Columbia

Driving Directions:Off of Connecticut Avenue in Northwest DC. From Maryland take I-495 beltway exit 33 MD-185 s Connecticut Ave towards Chevy Chase continue around roundabout take 4th exit continue on Connecticut Ave then turn right on Van Ness (4.6 miles) and left on International Place. From Virginia take I-295 North towards DC take 14th Street bridge turn left on I Street then turn right on Connecticut Ave continue on Connecticut Ave then turn left on Van Ness (3.9 miles)and left on International Place. Ample on-street parking is available after 6 PM. Metro: VanNess-UDC (2 blocks and highly recommended)

Event Details

Come for dinner at the Embassy of Singapore to learn what a panel of the best economic minds have to say about the year ahead in the global economy during this turbulent financial period. The panel includes David Rubenstein, U of C Law ’73 and Steven Preston Chicago Booth'85. Mr. Rubenstein is a University trustee and Co-Founder and Managing Director of The Carlyle Group, one of the world’s largest private equity firms. Mr.Preston is Secretary, U.S. Department of Housing and Urban Development (HUD). Booth alumna Karen Gibbs ’78, a former CNBC/Fox/PBS Business Correspondent will moderate. Additional panelist(s) to be announced as they are confirmed. Ambassador Chan Heng Chee of Singapore will be in attendance and deliver the opening remarks. The dinner is a 3-course seated dinner. A networking reception precedes the dinner and panel.


$89 (includes 3-course dinner and reception)


Register Online

Register By Email
Due to the security restrictions at the Embassy, the Embassy must receive a guest list in advance of the event. Consequently, no walk-in registrations can be permitted. In the last two years, the Economic Forecast has also sold out several weeks in advance. It is recommended that you register as soon as possible if you would like to guarantee yourself a ticket.

Deadline: 1/16/2009

Speaker Profiles

Karen Gibbs '78 (Moderator)
President, The Gibbs Perspective

President and Founder of the Gibbs Perspective, a company concerned with and dedicated to financial literacy, investor education and advocacy. She is also a veteran business television anchor and correspondent. A noted speaker and moderator, Ms. Gibbs most recently was co-anchor of the weekly PBS business program, Wall $treet Week with Fortune, from 2002 to 2005. Prior to joining Wall $treet Week with Fortune, she spent five years as a senior business correspondent for FOX News Channel, contributing to and serving as substitute anchor on Your World with Neil Cavuto and Cavuto on Business where she was also a regular panelist. From 1992 to 1997, Ms. Gibbs was an anchor at CNBC, where she specialized in the credit and futures markets, and hosted such programs as Money Wheel and Minding Your Business. Prior to joining CNBC, she spent nearly ten years at Dean Witter Reynolds, Inc., where she was a Vice President and Senior Futures Strategist. Ms. Gibbs began her career at the Chicago Board of Trade as a board marker and left as a member of the Office of Investigations and Audits. She received an MBA in Finance and Marketing from Chicago GSB.

Steven Preston (Panelist)
Secretary, U.S. Department of Housing and Urban Development (HUD)

Steven C. Preston is the 14th Secretary of the United States Department of Housing and Urban Development. He was nominated by President George W. Bush on April 18, 2008 and unanimously confirmed by the Senate on June 4, 2008. Preston also sits on the newly established Financial Stability Oversight Board that oversees the Troubled Assets Relief Program He was formerly the 22nd Administrator of the U.S. Small Business Administration. Prior to leading the SBA, he was Executive Vice President of Strategic Services at ServiceMaster, Inc. Preston worked as an investment banker at Lehman Brothers, becoming a Senior Vice President. From 1993 to 1997, he worked as Senior Vice President and Treasurer of First Data Corporation. In 1997 he was hired by ServiceMaster as Chief Financial Officer. Preston earned a B.A. in political science at Northwestern University in 1982 and a master's degree from the University of Chicago Graduate School of Business in 1985.

David Rubenstein (Panelist)
Managing Director, Carlyle Group

David M. Rubenstein is a Co-Founder and Managing Director of The Carlyle Group, one of the world’s largest private equity firms. Since then, Carlyle has grown into a firm managing more than $91 billion from 33 offices around the world. Mr. Rubenstein, a native of Baltimore, is a 1970 magna cum laude graduate of Duke, where he was elected Phi Beta Kappa. Following Duke, Mr. Rubenstein graduated in 1973 from The University of Chicago Law School, where he was an editor of the Law Review. From 1973-75, Mr. Rubenstein practiced law in New York with Paul, Weiss, Rifkind, Wharton & Garrison. From 1975-76 he served as Chief Counsel to the U.S. Senate Judiciary Committee’s Subcommittee on Constitutional Amendments. From 1977-1981, during the Carter Administration, Mr. Rubenstein was Deputy Assistant to the President for Domestic Policy. After his White House service and before co-founding Carlyle, Mr. Rubenstein practiced law in Washington with Shaw, Pittman, Potts & Trowbridge (now Pillsbury, Winthrop, Shaw Pittman). Mr. Rubenstein is on the Board of Trustees of University of Chicago.

Steven Clemons (Panelist), New America Foundation

Steven Clemons directs the American Strategy Program at the New America Foundation, which aims to promote a new American internationalism that combines a tough-minded realism about America's interests in the world with a pragmatic idealism about the kind of world order best suited to America's democratic way of life. He is also a Senior Fellow at New America, and previously served as Executive Vice President. Publisher of the popular political blog The Washington Note, Mr. Clemons is a long-term policy practitioner and entrepreneur in Washington, D.C. He has served as Executive Vice President of the Economic Strategy Institute, Senior Policy Advisor on Economic and International Affairs to Senator Jeff Bingaman (D-NM) and was the first Executive Director of the Nixon Center.


Ruwan Salgado '94 
President, Chicago Booth DC Alumni Club

Other Information

Vegetarian Meals: To request, contact Ruwan Salgado, MBA’94, at or 301/770-5077. Attire: Business (i.e., coat and tie for men)