Derivatives Leaders Forum 2010
A Financial Crisis Inquiry Commission derivatives panel, led by former California Treasurer Phil Angelides, will call witnesses from Goldman Sachs Group Inc., American International Group Inc., the U.S. Commodity Futures Trading Commission, the Office of Thrift Supervision, and the New York State Insurance Department for the hearing on June 30 and July 1, according to a statement released last week. The conclusions of this important panel on the role of derivatives in the credit crunch will be analyzed at Golden Networking's Derivatives Leaders Forum 2010, "Strategies for Increasing Profits under an Evolving Regulatory Framework" (http://www.DerivativesLeadersForum.com), July 22nd, 2010, New York City.
The report by BusinessWeek continued: "AIG, once the world's biggest insurer, was bailed out by the U.S. in 2008 after collateral calls from Wall Street firms including New York-based Goldman Sachs on contracts tied to subprime mortgages. Derivatives have been blamed by lawmakers and investor Warren Buffett for bringing the financial system to the brink of collapse in 2008. Angelides announced on June 7 that the FCIC had subpoenaed Goldman Sachs, claiming the company tried to hinder a probe by overwhelming the panel with documents and resisting attempts to interview managers including Chief Executive Officer Lloyd Blankfein. Lawmakers appointed the 10-member FCIC last July to investigate the causes of the worst financial crisis since the Great Depression. The panel has until December to report its findings to Congress."
Derivatives Leaders Forum 2010 is produced by GoldenNetworking.net (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez. Upcoming Golden Networking's Forums and Business Receptions include:
· High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com), July 13th, New York City
· Distressed Investing Experts Forum 2010, "Analyzing and Valuing Distressed Companies, Securities and Real Estate" (http://www.DistressedInvestingExpertsForum.com)
· 2nd China Leaders Forum, "Challenges and Opportunities for China's Economic Juggernaut" (http://www.ChinaLeadersForum.com)
· Latin America Leaders Forum 2010, "Unlikely Oasis of Growth amid the Global Economic Crisis?" (http://www.LatinAmericaLeadersForum.com)
· 2nd Banking Leaders Forum, "Private Banking on the Brink of Transformational Change" (http://www.BankingLeadersForum.com)
· Global Energy Leaders Forum 2010, "Proposals and Solutions for Today's Global Energy Challenges" (http://www.GlobalEnergyLeadersForum.com)
· 2nd Private Equity Leaders Forum, "Setting the Stage for Radical Transformation in 2011 and Beyond" (http://www.PrivateEquityLeadersForum.com)
Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders Forums, including:
· Distressed Investing Leaders Forum 2009 DVD Video Package, "The Most Comprehensive Guide for Any Investor in Distressed Assets", http://www.DistressedInvestingLeadersForum.com
· Distressed Investing Leaders Forum 2010 DVD Video Package, "Extraordinary Opportunities Investors Cannot Afford to Pass", http://www.DistressedInvestingLeadersForum.com
· High-Frequency Trading Experts Forum 2010 DVD Video Package, "Starting and Running a High-Frequency Trading Operation", http://www.HFTExpertsForum.com
· Hedge Funds Leaders Forum 2010 DVD Video Package, "Generating Alpha in Challenging Times", http://www.HedgeFundsLeadersForum.com
· High-Frequency Trading Experts Forum 2010 DVD Video Package, "Innovating and Profiting from High-Frequency Trading in 2010 and Beyond", http://www.HFTLeadersForum.com
Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net. Golden Networking has been frequently featured in the press, including recent articles in The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections"
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