Student Team from Bakersfield’s Centennial High School Wins First Place in 2011 Capital Markets Contest

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The largest California student economics contest, co-sponsored by CFA Society of Los Angeles and California Council on Economic Education, challenges students in a timed, question-and-answer format.

The four-student team from Bakersfield, California, lead by instructor Brett Dobson, won first place in the 2011 Capital Markets Contest. The winning team included students Sarah Monet Moore, Rocio Cruz, Grant Novins and Brandon Louey.

Dos Pueblos High School of Goleta, CA took second place; Loyola High School of Los Angeles placed third.

The annual contest rewards mastery of key economic concepts in an academic competition. Students analyze, interpret and present their views on explaining how recent economic events have influenced the financial markets. This year’s issues included the current housing market, job growth and developments in GDP. The Bakersfield team competed against five high schools and 20 students across California. Instructor Dobbins and the students were awarded cash prizes and a trip to New York City where they will be given a special tour of the New York Stock Exchange.

The contest, sponsored with the support of the CFA Society of Los Angeles, is the largest such competition in California. Robert Parry, retired President of the San Francisco Federal Reserve Bank; Jason Raefski, Executive VP of Sunwest Bank; and Ken Yee, vice president of Capello Capital, served as judges at his year’s event.

“We heartily congratulate these very talented students and teacher,” said Ken Yee of CFA Society of Los Angeles. “These students demonstrated their potential, and the potential of all students in California who are developing an understanding of the ‘rules of the game’ in this complex global economic environment. All of the 300-plus members of CFA Society of Los Angeles are committed to providing best practices in economic and financial literacy to our communities.”

About the California Council on Economic Education
The California Council on Economic Education (CCEE) is a nonprofit organization dedicated to advancing the economic reasoning and financial literacy of California students. CCEE’s focus is preparing students to participate in the global economy by providing educational programs and materials to K–12 teachers. More information about CCEE’s professional development workshops, programs and student contests can be found at http://www.ccee.org.

About the CFA Society Los Angeles
Established in 1931, the Chartered Financial Analyst Society of Los Angeles (CFALA) is a network of investment management professionals in the greater Los Angeles area. CFALA is a member society of CFA Institute whose mission is to provide access to information, expertise and personal interaction to further members' professional development and promote the value of the profession and the CFA designation.

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Dr. Jim Charkins, Executive Director