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Follow on Google News |  Honorable Eugene A. Ludwig to Keynote GoldenNetworking.com's Banking Leaders Forum 2010, March 25thEugene A. Ludwig, Founder, Chairman, and Chief Executive Officer of Promontory Financial Group and former U.S. Comptroller of the Currency, to Keynote GoldenNetworking.com's Banking Leaders Forum 2010 in Washington DC
By: GoldenNetworking.com Keynote Speaker, Honorable Eugene A. Ludwig, established Promontory Financial Group in 2000, and has guided its growth into a global company with 11 offices on four continents. As the premier consultant in his field, Mr. Ludwig has been a trusted adviser to financial executives and government officials through every phase of the financial crisis, with a steady focus on the human, business, and economic costs of both inaction and over-reaction. As a former U.S. Comptroller of the Currency, Mr. Ludwig is thoroughly attuned to the issues facing government officials as they reckon with revamping the regulatory framework to withstand future shocks, while allowing "free enterprise" and "finance" to once again become synonymous. Before founding Promontory, Mr. Ludwig was Vice Chairman and Chief Control Officer of Bankers Trust New York Corp. He was instrumental in steering the firm through its landmark merger with Deutsche Bank. As U.S. Comptroller of the Currency from 1993 to 1998, Mr. Ludwig served as the Clinton Administration's point person on the policy response to the credit crunch of the early 1990s. He fashioned an 11-point plan that was instrumental in ending the credit crunch and helping banks begin to lend again and fulfill their role of supporting the economy. While he was Comptroller, Mr. Ludwig served as Chairman of the Federal Financial Institutions Examination Council (FFIEC), a member of the Basel Committee on International Bank Supervision, a Director of the Federal Deposit Insurance Corporation (FDIC), and Chairman of the Neighborhood Reinvestment Corporation. He is also well known as a powerful champion and reformer of the Community Reinvestment Act, the cornerstone of federal strategy to harness the economic power of banks in strengthening communities. Prior to becoming Comptroller, Mr. Ludwig was a partner in the law firm of Covington & Burling, specializing in banking law. As CEO of Promontory, Mr. Ludwig had been writing and speaking regularly about the breakdown of credit discipline and emerging problems with subprime mortgages for more than two years before the extent of the troubles became widely acknowledged in 2008. Notably, he co-authored (with Paul Volcker and Nicholas Brady) a watershed Wall Street Journal op-ed in September 2008 that fundamentally altered the tone of the debate over what was then called "the subprime crisis." Mr. Ludwig is sought after by the media as an interpreter of news events and has been quoted by virtually every major new organization, including the BBC, CNBC, PBS, The New York Times and The Financial Times. Banking Leaders Forum 2010, "Discerning the New Industry Landscape", is produced by GoldenNetworking.com (http://www.goldennetworking.com), the premier community of business executives, entrepreneurs and investors, founded by former McKinsey consultant Edgar Perez. Upcoming Business Receptions and Leaders Forums include: • Distressed Investing Leaders Forum 2010, "Extraordinary Opportunities Investors Cannot Afford to Pass" (http://www.DistressedInvestingLeadersForum.com), March 9th, New York City • Hedge Funds Leaders Forum 2010, "Generating Alpha in Challenging Times" (http://www.HedgeFundsLeadersForum.com), March 18th, 2010, New York City • Banking Leaders Forum 2010, "Discerning the New Industry Landscape" (http://www.BankingLeadersForum.com) • Venture Capital Leaders Forum 2010, "Setting the Stage for Transformational Change" (http://www.VCLeadersForum.com) • Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (http://www.RealEstateLeadersForum.com) Panelists, speakers and sponsors are invited to contact GoldenNetworking.com by sending an email to info@goldennetworking.com. GoldenNetworking.com has been frequently featured in the press, including recent articles in The New York Times, "GoldenNetworking.com Helps Job Seekers Make Overseas Connections" # # # GoldenNetworking.com is the premier networking community for businessmen, entrepreneurs, professionals and diplomats, to experience what’s hot, new and next End
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