DiMasi hosts 'economic summit'

By Globe Staff

House Speaker Salvatore F. DiMasi will host another "economic summit" today on Beacon Hill with a focus on local banking and lending as the country continues to struggle in the grips of a global financial crisis.

DiMasi and other House leaders will meet with banks to "take the temperature of the local economy" and receive advice about how to remedy the impact of the national crisis in Massachusetts, according to a press release. The speaker's office is hosting a series of economic meetings.

"In our first session as the crisis began, we heard from the top economic minds in the Commonwealth and we received advice about how and when the worldwide and national crisis will hit Main Street," DiMasi said in the press release. "Now I believe we need to hear from Main Street about how they are faring and what we can do to help.”

DiMasi and others plan to address the media today after the summit. According to the press release, attendees are expected to include:

Dan Forte, President of the Massachusetts Bankers Association

Steven Antonakes, Commissioner of the Massachusetts Division of Banks

Michael Hanson, President & CEO of Massachusetts Credit Union Share Insurance Corporation

Dan Egan, President of Massachusetts Credit Union League

Peter Conrad, CEO of Co-operative Central Bank of Boston

Bob Sheridan, President & CEO of SBLI

Fred Eppinger, President & CEO of the Hanover Insurance Group

Representative Ronald Mariano, a Taunton Democrat who chairs the Joint Committee on Financial Services

Representative Daniel Bosley, a North Adams Democrat who chairs the Joint Committee on Economic Development and Emerging Technologies

Representative Marie St. Fleur, a Dorchester Democrat who vice chairs the House Committee on Ways and Means

Representatives from the Depositors Insurance Fund, Massachusetts Bankers Association, the Co-operative Central Bank, the Massachusetts Credit Union Share Insurance Corp., and others.

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