In today’s struggling economy, it’s getting harder for businesses to secure loans and capital investments. The rules have changed because lenders are under a new microscope. To survive, business leaders must understand the "new math" brought on by the credit crunch.

Join KYW Newsradio and the law firm of White and Williams for "The New Realities of Business Lending in the Turbulent Economy."  This executive business breakfast will feature a panel of financial and legal experts who will help you navigate the credit world in this turbulent economy.
    
Register online at Ticketweb or call 1-866-468-7619 toll free. 

William C. Dunkelberg, Ph.D.
MODERATOR

Dr. Dunkelberg is a nationally known authority on small business, entrepreneurship, consumer behavior, consumer credit ,and government policy.  Dunkelberg is currently serving as professor of economics at Temple University’s school of business and management.  Previous academic appointments include Krannert Graduate School of Management at Purdue University, Stanford University’s graduate school of business, and the Survey Research Center at the University of Michigan.  He has B.A., M.A., and Ph.D. degrees in economics from the University of Michigan.

Dr. Dunkelberg has served as chief economist for the National Federation of Independent Business since 1971.  He has presented expert testimony before the US House and Senate on consumer credit, inflation, tax reform, the minimum wage, small business, electronic funds transfer systems, energy efficiency standards, health care, and monetary and fiscal policy.  He has appeared on CNN, CNBC, ABC, CBS, and NBC, and numerous local news and business TV and radio shows.   He is frequently quoted in major news publications and had a radio show on "The Big Talker," WPHT 1210 AM, every Sunday for two years.  His business commentaries have been carried by KYW Newsradio 1060 for fifteen years.
 

William G. McPadden, CPA
Senior Managing Director - Real Estate Finance Group
John Hancock Financial Services

Bill McPadden is senior managing director of the Real Estate Finance Group, overseeing $12 billion of commercial real estate mortgage and security Investments for John Hancock.  He is responsible for investment identification, procurement, closing, credit, servicing, and portfolio management.  He is also a member of the company’s Natural Resources Investment Committee.  He joined John Hancock in 1992, having been at Berkshire Realty Company and Arthur Andersen & Co. 

He is a certified public accountant and a member of the board of governors for the Chartered Realty Investor Society. 
 
McPadden is a member of the International Council of Shopping Centers, Urban Land Institute, Commercial Mortgage Bankers Association, American Institute of CPAs, and the Massachusetts Society of CPAs.  He holds a B.B.A. in accountancy from the University of Massachusetts, Amherst.

  
Joel L. Naroff, Ph.D.
Chief Economist of Commerce Bancorp and
President of Naroff Economic Advisors

Dr. Naroff is a nationally acclaimed economic expert who serves as Commerce Bancorp’s chief economist, where he advises Commerce customers on a broad range of domestic and international economic issues, and provides up-to-the -minute insight regarding local, national, and global financial trends and developments. He also serves as a valuable resource for area governmental and business organizations. Naroff is also president of Naroff Economic Advisors.
 
Naroff’s background includes a combination of national, regional, and industry experience that makes him one of the best-known and most widely respected economists in the northeast. He has been widely quoted in many of the nation's leading business publications, including the Wall Street Journal, New York Times, USA Today, Newsweek, and Business Week.  Naroff also provides expert economic commentary and analyses for a number of the region’s leading newspapers including the Philadelphia Inquirer and Philadelphia Daily News.  In addition, he has appeared on CNBC and ABC’s "World News Tonight."  Naroff can frequently be heard on the major national news radio networks.  In 2007, the National Association for Business Economics (NABE) named Naroff the recipient of its Outlook Award for accurate forecasting.
 
Before entering the banking field, Naroff had a successful ten-year career as a tenured professor in the school of management at the University of Massachusetts at Amherst, and as a faculty member at Northeastern University in Boston.
   
Naroff received a bachelors degree in economics and chemistry from the State University of New York at Stony Brook, and a Ph.D. in economics from Brown University. He is a member of the board of directors of the Pennsylvania Economy League, teaches at the Central Atlantic Advanced School of Banking, is past chair of the American Bankers Association’s economic advisory committee and is past president of the Philadelphia Council of Business Economists.
  
  
Thomas C. Rogers
Partner, White and Williams, LLP
Business Department
  
Mr. Rogers is a partner in the White and Williams business department, and heads the Real Estate and Institutional Finance Practice Group.  His practice focuses on commercial real estate, including leasing, sales, acquisitions, financing, title insurance coverage and claims, code compliance, and residential community association affairs.
 
Mr. Rogers works extensively with commercial real estate clients throughout the US, especially institutional real estate investors and finance lenders and those leasing, selling, and acquiring commercial properties, meeting their sophisticated real estate needs.  And he has lectured to numerous groups about commercial real estate, mortgage foreclosures, and title insurance matters.
 
Mr. Rogers received a B.S. with honors from the Pennsylvania State University in 1975, an M.A. in 1978 from Villanova University, and a J.D. cum laude in 1982 from the Villanova University School of Law.  Mr. Rogers is a fellow in the American College of Mortgage Attorneys, an invitation-only society of the country's leading mortgage attorneys.  He was selected in a survey of his peers as a Pennsylvania "super lawyer" by Law & Politics magazine in 2004, 2005, 2006, and 2007. 

   
Herb Taylor
Economist, vice president, and corporate secretary
Federal Reserve Bank of Philadelphia

Currently, Dr. Taylor is charged with the administration of the Federal Reserve Bank of Philadelphia’s board of directors and advisory councils.  Board and council members provide grassroots information to Federal Reserve officials on business conditions and market trends, which helps the Fed formulate our nation’s monetary policy.  
 
Taylor became an economist at the Philadelphia Fed in 1981. He was later named head of the Research Department’s macroeconomics section, which is responsible for briefing the bank president on monetary policy issues. He has given numerous speeches on the economy and the role of the Federal Reserve System throughout the bank’s Third District, which encompasses eastern Pennsylvania, southern New Jersey, and Delaware.
   
Taylor serves on the boards of Economics Pennsylvania, which supports economic and financial literacy in primary and secondary schools; The CFA Society of Philadelphia, a local chapter of the international organization for Chartered Financial Analysts; and the Bond Club of Philadelphia.

He received a B.A. in economics from La Salle University and a Ph.D. in economics from Temple University.