Enhancing Financial Transparency
A Symposium Hosted by the Federal Deposit Insurance Corporation
June 4, 2002
The St. Regis Hotel
Honorable Jon S. Corzine
United States Senate
Session 1: The Analysts Speak
Financial analysts and commentators will discuss the adequacy of information that is available to form judgments about the prospects of individual companies.
Laurence H. Meyer, Distinguished Visiting Fellow
Center for Strategic and International Studies
James S. Chanos, President and Founder, Kynikos Associates, Ltd.
Abby Joseph Cohen, Chief Market Strategist, Goldman Sachs
Steve Galbraith, Chief Investment Strategist, Morgan Stanley Dean Witter
Vickie A. Tillman, Executive Vice President, Standard & Poor’s
10: 00 AM
Session 2: Reflections on the Financial Rules of the Road
Accounting standards setters, financial report issuers, and financial statement auditors are responsible for much of the financial disclosure regime that now exists. This session offers the perspectives of all three disciplines about the key issues in financial reporting today.
John C. Murphy, Jr., Partner, Cleary, Gottlieb, Steen & Hamilton
Dennis R. Beresford, Ernst & Young Executive Professor, J.M. Tull School of Accounting, University of Georgia
Frank O. Marrs, Chief Executive Officer, Gupton Marrs International, Inc.
Dennis D. Powell, Vice President, Corporate Finance, Cisco Systems
William L. Trubeck, Executive Vice President and Chief Financial Officer, Waste Management, Inc.
Lawrence B. Lindsey
Assistant to the President for Economic Policy and Director of the National Economic Council at the White House
Session 3: Policy Roundtable
There are many proposals and ideas for accounting reform circulating in the wake of the Enron bankruptcy. This panel will address a key question: what reforms have merit, and what reforms might prove counterproductive?
H. Rodgin Cohen, Chairman, Sullivan & Cromwell
Cynthia A. Glassman, Commissioner, U.S. Securities and Exchange Commission
Eugene A. Ludwig, Managing Partner, Promontory Financial Group
Honorable Michael G. Oxley, United States House of Representatives
Paul A. Volcker, Former Chairman, Federal Reserve
Donald E. Powell
Chairman, Federal Deposit Insurance Corporation