- , Federal Reserve Bank of Chicago

Thursday, September 25

9:00 a.m.		Registration
9:40 a.m.		Welcoming Remarks
10:00 a.m.		Session I: What Happened, Where? United States Robert DiClemente, Citigroup Europe Jesús Saurina, Bank of Spain Rest of the World Laura Kodres, International Monetary Fund Discussant and Commentator John Fell, European Central Bank
12:00 p.m.		Luncheon and Keynote Address Speaker José Manuel González-Páramo, Board Member, European Central Bank
2:00 p.m.		Session II: How Serious Is the Damage? Major Losses and Failures Patrick Honohan, Trinity College, Dublin Damage to Financial Markets S. (Vish) Viswanathan, Duke University Effects to Real Economy David Greenlaw, Morgan Stanley Discussant and Commentator Christopher Kent, Reserve Bank of Australia
3:45 p.m.		Break
4:00 p.m.		Session III: Why Did It Go Undetected/Underestimated for So Long? Pricing Risk Joseph Mason, Louisiana State University Securities Spillovers and Complexity John Hull, University of Toronto The Role of Rating Agencies Frank Partnoy, University of San Diego School of Law Discussant and Commentator Mark Zandi, Moody's Economy.com
5:45 p.m.		Reception
6:45 p.m.		Dinner and Keynote Address Speaker Kevin M. Warsh, Governor, Board of Governors of the Federal Reserve System
Friday, September 26

7:30 a.m.		Continental Breakfast
8:15 a.m.		Session IV: Experience with Crisis Management United States Vincent R. Reinhart, American Enterprise Institute Euro Area Nuno Cassola, European Central Bank Cornelia Holthausen, European Central Bank United Kingdom Nigel Jenkinson, Bank of England Discussant and Commentator Brian Peters, Federal Reserve Bank of New York
10:00 a.m.		Break
10:15 a.m.		Session V: Implications for Basel II and Bank Capital Regulation Role of Risk Models Michel Crouhy, IXIS Corporate and Investment Bank Role of Supervision David Strachan, United Kingdom Financial Services Authority Role of Market Discipline Mark J. Flannery, University of Florida Discussant and Commentator Robert Litan, Kauffman Foundation
12:15 p.m.		Luncheon and Keynote Address Speaker Nout Wellink, President, Netherlands Bank and Chairman, Basel Committee on Banking Supervision
2:15 p.m.		Session VI: Implications for Regulation of Financial Markets and Instruments Role of Financial Engineering Mark Carey, Board of Governors of the Federal Reserve System Issues in Transparency Markus K. Brunnermeier, Princeton University Aligning Incentives Adam B. Ashcraft, Federal Reserve Bank of New York Discussant and Commentator Erik R. Sirri, U.S. Securities and Exchange Commission
4:00 p.m.		Break
4:15 p.m.		Session VII: Policy Panel: Where to from Here? Henry Kaufman, Henry Kaufman & Company Takatoshi Ito, University of Tokyo Jochen Sanio, Bundesanstalt für Finanzdienstleistungsaufsicht (German Federal Financial Supervisory Authority) Lawrence R. Uhlick, Institute of International Bankers
6:00 p.m.		Reception
6:45 p.m.		Dinner and Keynote Address Speaker TBA
		Conference Coordinators Douglas Evanoff, Federal Reserve Bank of Chicago Philipp Hartmann, European Central Bank George Kaufman, Loyola University Chicago
		Last updated: May 12, 2008

Eleventh Annual International Banking Conference

Credit Market Turmoil of 2007–08: Implications for Public Policy