|March 3, 2010 ● New York, NY
|Make Markets Be Markets
|Professor Greenberger will join a panel of distinguished speakers at
Sponsored by the Roosevelt Institute, the conference will offer a clear
picture of what should be done to ensure a stable financial sector,
anticipating that U.S. lawmakers will fall short in their effort to enact
effective regulatory reform of financial markets. The presentations,
along with an accompanying report authored by the presenters, will
detail a concrete plan for a financial system that can manage the flow
of capital, price risk appropriately, reduce fraud and collusion, protect
taxpayers, and provide liquidity without compromising innovation or
stability. The report will be distributed to White House senior staff,
chiefs of staff in Congress, key financial reporters and other decision-
makers, media professionals and engaged citizens. It will also be
available online at www.newdeal20.org.
The chapter of the report written by Professor Greenberger, “Out of the
Block Hole: Regulatory Reform of the Over-the-Counter Derivatives
Market,” describes how the opaque and unregulated over-the-counter
derivatives market largely led to and exacerbated the subprime
meltdown and the resulting recession.
To read Professor Greenberger’s chapter, click here.
Professor Greenberger is one of more than a dozen nationally and
internationally recognized experts speaking at the conference,
including philanthropist and hedge fund manager George Soros,
Nobel Prize-winning economist Joseph Stiglitz, and Elizabeth Warren,
chair of the TARP Congressional Oversight Panel. Professor
Greenberger is a former director of the Division of Trading and
Markets at the U.S. Commodity Futures Trading Commission and he
has testified before Congressional committees numerous times on
dysfunctions in financial markets. He is also the founder and director
of the University of Maryland Center for Health and Homeland Security.
About the Roosevelt Institute:
The Roosevelt Institute is the nonprofit partner to the Franklin D.
Roosevelt Presidential Library and Museum in Hyde Park, New York,
and supports the Library's exhibits, educational programs, and
special initiatives. In much of its work, the Institute engages some of
the fundamental policy challenges of our era, supporting people –
young and old – who carry forward the courage and values that
Franklin and Eleanor Roosevelt brought to key points in the 20th
century. The policy work of Roosevelt Institute fellows reflects a
commitment to rigorous, open-minded inquiry and a belief in the
power that can be derived from a lively and free debate of ideas in the
United States and around the world. Find out more online at http:
When: Wednesday, March 3, 2010
Time: 8 a.m. – 11 a.m.
Location: Time Warner Center
10 on the Park
New York, New York