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Michigan State's McPherson helps rebuild Iraq.(Interview)

Yak's Corner (National Magazine)

| June 03, 2004 | Campbell, Janis | COPYRIGHT 2004 Detroit Free Press, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

There are many changes going on in Iraq. Many Americans are involved in helping to rebuild the country.

One who was involved at the start was Michigander Peter McPherson, who took time off from his job as president of Michigan State University to help set up a new currency for the country.

We recently talked with President McPherson about the role he played in helping to rebuild Iraq.

First of all, why did MSU's president leave the state for five months to work as the financial coordinator in the rebuilding effort in Iraq?

As it turns out, McPherson is an expert in banking and money and also in working with foreign countries that need aid. He grew up on a farm near Lowell and after graduating from MSU, he set up credit unions, or money-lending groups, in little villages near Lima, Peru, as a Peace Corps volunteer.

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