Douglas Roberts serves as managing principal for the Channel Capital Research Institute. He is a contributor to AOL’s Money & Finance section and is frequently called upon by the media as an expert on the Federal Reserve Bank. Mr. Roberts’ comments appear regularly on CNN/Money, MarketWatch.com, and the Dow Jones Newswires, among others. Previously, he was a vice president and portfolio manager at Bernstein Investment Management and Research, a unit of Alliance Capital Management, LP from 1999-2001. In addition to his portfolio management responsibilities, Mr. Roberts led his group’s strategies focusing on quantitative investment analysis and sector allocation, as well as the evaluation of alternative asset investment vehicles. From 1994-1998, he was a managing director of the Roberts Mitani Group, a New York merchant bank specializing in the investment capital from Japan and East Asia. From 1992-1994, Mr. Roberts served as founding member of the board of directors of Benson Eyecare...