Obama's Plan for Financial Regulatory Reform at GoldenNetworking.com's Financial Services Conference

March 19, 2010 - PRLog -- In a speech to the Business Roundtable last month, President Obama urged business leaders to support his effort to rework financial regulations, which will be further analyzed at GoldenNetworking.com's Banking Leaders Forum 2010, “Discerning the New Industry Landscape (If Possible)”, March 25th, the most up-to-date overview of the new regulatory and economic landscape for the financial services industry, with Keynote Speaker Honorable Eugene A. Ludwig, Founder and Chief Executive Officer of Promontory Financial Group, LLC, and former U.S. Comptroller of the Currency.

Here’s an excerpt from his remarks provided by The Wall Street Journal: "We cannot repeat the mistakes of the past. We cannot allow another AIG or another Lehman to happen again. We can’t allow financial institutions, including those that take your deposits, to make gambles that threaten the whole economy. We must ensure consolidated supervision of all institutions that could pose a risk to the system. We must close loopholes that allow financial firms to evade oversight and circumvent rules of the road. And we need robust consumer and investor protections. I ask the members of the Business Roundtable to support these efforts. The lobbyists up on the Hill right now are trying to kill reform by claiming that it would undermine businesses outside the financial sector. That couldn’t be further from the truth. This is about putting in place rules that encourage drive and innovation instead of short-cuts and abuse. And those are rules that will benefit everyone."

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:

•   Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (http://www.RealEstateLeadersForum.com), April 22nd, 2010, New York City

•   Venture Capital Leaders Forum 2010, "Setting the Stage for Transformational Change" (http://www.VentureCapitalLeadersForum.com), May 13th, 2010, Boston, MA

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" (http://www.nytimes.com/2009/11/07/nyregion/07network.html) and Columbia Business School's Hermes Alumni Magazine, "10 Under 10" (http://www7.gsb.columbia.edu/alumni/news/ten-under-ten).

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