Global Finance
The Future of Global Finance
Watch the Live Event
http://webcast.georgetown.edu/
Washington, D.C.
Georgetown University’s McDonough School of Business and Financial Times
Lohrfink Auditorium
Rafik B. Hariri Building
Friday, September 18, 2009
Conference Chair:
Reena Aggarwal, Robert E. McDonough Professor of Business Administration and Professor of Finance, Georgetown University
8:00 a.m. - 9:00 a.m
Welcome:
George Daly, Dean, Georgetown University McDonough School of Business
Introduction of Keynote Speaker:
Catherine R. Kinney, Former President and Chief Operating Officer NYSE-Euronext
Keynote Speaker:
Sheila C. Bair, Chairman, Federal Deposit Insurance Corporation
Panel I: Emerging Powers in Global Finance
Introduction by Professor Pietra Rivoli, Georgetown University McDonough School of Business
The global financial system is changing rapidly with countries once known as "emerging markets" now becoming the "emerging powers" in global finance. Sovereign wealth funds have become major institutional investors. In addition, governments have vastly increased their roles in the financial system. This session will discuss these trends, along with the opportunities and risks brought about by the new financial order.
9:00 a.m. - 10:15 a.m.
Moderator:
Henny Sender, International Financial Correspondent, Financial Times
Panelists:
Zubaid Ahmed, Vice Chairman and Head of Corporate Finance - Americas, Standard Chartered Bank; Richard H. Frank, Chief Executive Officer, Darby Private Equity-Franklin Templeton Investors; Timothy O’Neill, Co-Head of the Investment Management Division, Goldman Sachs & Co.; and Robert Steers, Co-Chairman and Co-Chief Executive Officer, Cohen and Steers
10:15 a.m. - 10:30 a.m.
Coffee Break
Panel II: Regulation of Financial Markets
Introduction by Professor Rohan Williamson, Georgetown University McDonough School of Business
This session will examine the regulations being proposed to fix the weaknesses in the regulatory structure of financial markets. Securitization became rife with abuses; rating agencies, along with many others, failed to understand the risks involved in new and old financial instruments; and newer products such as credit default swaps created new stresses on the system. Counterparty risk led to a run on the financial markets. Firms that were “too big to fail” failed. Executive compensation was not structured appropriately and did not provide the right incentives.
10:30 a.m. - 11:45 a.m.
Moderator:
Reena Aggarwal, Robert E. McDonough Professor of Business Administration and Professor of Finance, Georgetown University
Panelists:
Lucian Bebchuk, William J. Friedman and Alicia Townsend Friedman Professor of Law, Economics, and Finance, Harvard University; John C. Coffee, Adolf A. Berle Professor of Law, Columbia University; Richard G. Ketchum, Chairman and Chief Executive Officer, FINRA; and Ravi Narain, Chief Executive Officer, National Stock Exchange of India
1:00 p.m. - 1:45 p.m.
Introduction of Keynote Speaker:
Professor Reena Aggarwal, Georgetown University McDonough School of Business
Keynote Speaker:
Mary L. Schapiro, Chairman, U.S. Securities and Exchange Commission
Panel III: Restructuring of Financial Markets
Introduction by Professor Sandeep Dahiya
The recent financial crisis has demonstrated major gaps in the functioning of global financial markets.This session will discuss the changing role of market participants in restructuring of global financial markets. Institutional investors, exchanges, rating agencies, financial institutions, and corporate boards all have major roles to play in the functioning of global markets and finance.
1:45 p.m. - 3:00 p.m.
Moderator:
Krishna Guha, Chief, U.S. Economics Editor, Financial Times
Panelists:
Peter S. Goodman, National Economic Correspondent, New York Times;, Donald C. Langevoort, Thomas Aquinas Reynolds Professor of Law, Georgetown University; Maureen O’Hara, Robert W. Purcell Professor of Management and Professor of Finance, Cornell University; and Phillip L. Swagel, Visiting Professor of Finance, Georgetown University, and Former Assistant Secretary for Economic Policy
3:00 p.m. - 3:15 p.m.
Coffee Break
3:30 p.m. - 4:30 p.m.
Introduction of Keynote Speaker:
John J. DeGioia, President, Georgetown University
Moderator:
George Daly, Dean, Georgetown University McDonough School of Business
Keynote Speaker:
Larry Summers, Director, National Economic Council, The White House
For more program information, e-mail globalfinance@msb.edu
This conference is being organized as part of the activities to celebrate the move of Georgetown University’s McDonough School of Business to its new home. The school's Rafik B. Hariri Building is a 179,000-square-foot facility on Georgetown’s campus that will enable the McDonough School of Business to solidify its position as one of the world’s leading business schools. The Rafik B. Hariri Building features 15 classrooms, 34 breakout rooms, 15 conference rooms, 11 interview rooms, a 400-seat auditorium, two large lounges, and 120 faculty offices. Student space is replete with data ports, flat-screen monitors, and videoconferencing capabilities, allowing for global connectivity.
