*Media Advisory* Local Crime and Business Cycles

WHAT: A new report from the Federal Reserve Bank of St. Louis looks at local business cycles in 23 major cities, including Louisville, and how they influence crime rates. Presenting their findings will be St. Louis Fed economist Thomas A. Garret and senior research associate Lesli S. Ott.

WHEN: Wednesday, Dec. 3, 7:30 a.m. to 10:30 a.m.

WHERE: The Olmsted
3701 Frankfort Ave.
Louisville, KY 40206

WHY: In light of current economic conditions, especially the foreclosure crisis, concern regarding crime has been heightened as the glut of vacant, lender-owned homes grows.

After the presentation, a panel of local experts will discuss the report's implications for the Louisville area:

• Lieutenant Colonel Philip Turner, patrol bureau chief, Louisville Metro Police
• Jack Trawick, executive director, Center for Neighborhoods
• Joe Mittel, general manager, Al J. Schneider Company

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