Severn students compete in the Fed Challenge finals


May 13, 1999|By Joni Guhne | Joni Guhne,SPECIAL TO THE SUN

WHILE SOME of us were busy planting petunias on the first week of May, a group of Severn School students celebrated the spring milestone in Washington as guests of the Federal Reserve Board.

Juniors Jordan Gratrix and Katy Shelor and seniors Jin-Woo Chung, Alistair James, Matthew Kim and Neal Mundra were one of four high school teams that made it to the final round of the National Fed Challenge, a competition in its fifth year that is designed to encourage students to better understand the country's monetary policy.

The Severn students developed their moneymaking policy for the United States under the guidance of John Bodley, economics teacher and chairman of the Severn's history department.

The teams made presentations before the Reserve's Federal Open Market Committee, a body that sets official monetary policy for the country.

The students from Maryland competed against schools from Connecticut, Texas and Illinois. The Illinois school won the grand prize, with the other three as runners-up.

Judges were Edward Gramlich, the Fed governor; Jack Guynn, president of the Atlanta Fed, and William McDonough, president of the New York Fed.

While not the top winner, the local young people should be proud to have reached the championship level.

After concentrating on money matters for many months, the students were inspired to have the opportunity to meet and hear the comments of Federal Reserve Chairman Alan Greenspan.

And three of the Severn students -- Gratrix, Kim and Mundra -- were quoted in an article in the London Financial Times of May 4.

Quarter-century of service

A celebration is planned Saturday to honor Rabbi Robert G. Klensin for his 25 years of service to the congregation of Temple Beth Shalom in Arnold, and to recognize his having received an honorary doctor of divinity degree from the Hebrew Union College-Jewish Institute of Religion in March.

Friends will gather to recall his accomplishments in the temple and the community, all of which will be included in a journal published by the congregation.

Klensin's community involvements include the county's victims of domestic violence programs and working as a volunteer chaplain at North Arundel Hospital and Anne Arundel Medical Center.

Information: 410-757-0552.

Annual raffle for hospice

The auxiliary of Hospice of the Chesapeake has some exciting prizes for its September raffle.

First prize is a pair of round-trip tickets on Southwest Airlines to any city the airline serves. Second prize is a watercolor, "City Dock, Annapolis," by Christine Sperry. Third prize is $100.

The drawing is Sept. 8.

Tickets: Lola Finch, auxiliary president, at 410- 647-5090, or the hospice office at 410-987-2003.

Pub Date: 5/13/99

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