General Meeting #8

October 25, 2011

USIT Social: Pease Park

Fri., Oct 28 @ 4:30p

Portfolio Overview

Economic F&F

• “In 2000, at the end of the previous economic expansion, the median American family made about $61,000, according to the Census Bureau’s inflation-adjusted numbers. In 2007, in what looks to have been the final year of the most recent expansion, the median family, amazingly, seems to have made less —about $60,500.”

Stagnating Wages?

“You can think of this as the most basic test of an economy’s health: does it produce ever-rising living

standards for its citizens?”

In the second half of the 20th century, the United States passed the test in a way that arguably no other country ever has… Now, though, most families aren’t

getting any richer.

USIT Social: Pease Park

Fri., Oct 28 @ 4:30p

Economic F&F

Median Total Real Wages / Hour

o Wages increasingly include non-monetary benefitso Average American citizen works fewer hours / wk

o USIT Social this Friday at 4:30po Most importantly, 25% decline in persons / house

Economic F&F

USIT Social: Pease Park

Fri., Oct 28 @ 4:30p

Stock Pitch

Membership Voting

Is this stock investment grade?

BofAML Presentation

• AT&T Executive Center, Room 103

• Company representatives from the following divisions:

– Investment Banking

– Capital Markets (Sales & Trading)

– Commodities Trading

• Food and beverages provided

• Business casual required, professional recommended

Wednesday, November 9th, 7:00 – 9:00 PM

USIT Social: Pease Park

Fri., Oct 28 @ 4:30p