|
Steve Forbes, former presidential candidate and CEO of Forbes, Inc., will keynote RiskSummit 2009, focusing on how a series of Bush-era decisions that distorted capitalism are responsible for the current recession, not capitalism itself. Forbes will explore whether curtailing or eliminating those distortions—including, for example, mark-to-market pricing, loss of the uptick rule, naked short selling—could restore capitalism's ability to recover its footing and stabilize itself.
Forbes will also explore what impact the resurgence of government regulation will have on efforts to end these distortions. How so many changes happening at the same time are likely to affect the future mortgage and securities marketplaces. And how the government’s increasingly important role in the industry—not only in regulating its emerging marketplace, but in managing its financial recovery and structural reorganization—will affect how we understand and practice capitalism.
Forbes' company produces some of the nation's leading business magazines and websites. In addition to its flagship Forbes, the company publishes ForbesLife, ForbesWoman, Forbes Asia, nine foreign-language editions of Forbes, the Gilder Technology Report, and various investment newsletters. Company websites include Forbes.com—for senior executives and investors—RealClearPolitics.com, RealClearMarkets.com, RealClearSports.com, Investopedia.com, and Forbes.com’s business and finance blog networks.
RiskSummit 2009 will be about positioning yourself to succeed in the emerging marketplace as it evolves today and in the foreseeable future. RiskSummit will offer expert insight and guidance to help you decide what you should plan to do now, next month, next year to accomplish your goals. It will instill a working understanding of the forces at play in the new environment—and explore new tools and techniques to turn even marginal possibilities into profitable outcomes.
For more information about attending RiskSummit 2009, please click the links below:
 
In addition to conference-wide sessions of interest to all, RiskSummit 2009 will offer a series of timely track sessions focused on:
- Investment
- Due Diligence
- Regulation
- Servicing
- Collateral Risk
- Modeling & Analytics
Although the RiskSummit agenda won’t be finalized until all speakers and panel members have confirmed their participation, the agenda’s topics have been set. For a quick overview of the topics, please scan the list below:
- Tranche Warfare—A New Kind of Class Struggle
Between senior and subordinate structures, a CDO has several tranches. In the current environment, senior tranches are in jeopardy—subordination levels have been exhausted. If this continues, senior holders will inevitably lose principal.
- The Little Engine That Could—New Rules, New Companies
Start-up strategies of new companies formed by ex-investment bankers, ex-hedge fund managers and others to address the new (and implied) rules that will control businesses operating in the brave new world of mortgage finance.
- Do You Really Understand Collateral Valuation?
Are you going through the painful process of discovering how naïve you still are about the real value of the properties in portfolios and MBS/ABS securities? Learn how to avoid the most common valuation and trading mistakes.
- Due Diligence and Fraud—No Longer a Matter of Trust
As causes of the economy’s meltdown become clearer, the role played by mortgage fraud is emerging as a major cause or consequence of the initial subprime collapse. How pervasive is fraud? How “baked into” existing portfolios and MBS? How can you protect against it?
- Practical Applications in Risk Modeling—FAS157-e?
With the debate about mark-to-market vs. mark-to-model and sudden easing of FAS157-e requirements, how should companies plan to structure and report asset valuations? Can existing risk models supply acceptable disclosure? How will FAS157-e alter the landscape?
- House Price Modeling—New Practices and Applications
When will home prices start to improve? When recovery comes, will it be painfully gradual or will the government’s actions speed the process? Is it possible to model home prices now with anything approaching useful accuracy? What assumptions could drive such modeling?
- Servicing the Servicer—the Case for Renewal
The servicing business has changed dramatically over the past year, going from a stable grind to a high-risk opportunity to reinvent the mortgage marketplace. Servicers and investors together explore new opportunities for growth and profitability now opening up in the servicing sector.
- Managing Distressed Assets—Not As Easy As It Looks
Are you good at handling assets collateralized by non-performing mortgages? Do you understand what got them to this point? Can you monitor them continuously? Learn new best practices workouts, REO, forbearance, principal short sales, and more.
- TARP, TALF, PPIP—Stimulating Markets Yet?
The role the government is playing in the marketplace now: what should they be doing—and what would I do if I were them? Investors, traders, analysts, servicers, researchers tell the regulators what they’d do to restart markets. The regulatory brainstorming panel.
- Back to the Future—The Secondary Market in 2009
Let’s hear it for Fannie Mae, Freddie Mac, and the FHA. If not for them, there would be no secondary market now. But what happens if Treasury pulls the plug? Are we past the time when GSEs can sponsor the secondary market—or have we, in fact, come back to the future?
- Transparency—the Mandate is Clear
A close look at the new transparency mandate from all angles: investment banking, CDO asset management, CDS trading, ratings analysis, and the government. How can it be accomplished realistically—and who will benefit or be hurt?
- Data Overload—When Results Can’t Wait
How do you digest and integrate all currently available data? How do you stay objective in such a fast-changing environment? Learn how to cut through the noise and build solutions that give you accurate collateral valuations and performance models.
| |
|
Registration
Fee includes admission to all sessions and workshops, Sunday evening reception and dinner, Monday breakfast and lunch, Monday afternoon activity, Monday evening dinner, Tuesday breakfast and lunch, refreshments, conference materials, and CEU credit. |
|
$795 |
|
| |
| |
|
Full Guest Badge**
Fee includes Sunday reception and dinner, Monday lunch, Monday afternoon activity and dinner. |
|
$395 |
|
| |
| |
|
Partial Night Guest Badge**
Fee includes Sunday and Monday night reception and dinner. |
|
$195 |
|
**Guest Badges available for significant others only.
Badges required for all meals and activities. No one under 21 allowed.
The Aviara is offering rooms for RiskSummit 2009 attendees at a discounted rate of
$295 per night (for more information, please call hotel).
RiskSummit 2009 returns to the Four Seasons Aviara in Carlsbad, CA, our traditional home in past years. This legendary resort, a compact, easy-to-navigate environment, is the all-time favorite RiskSummit location. With special pricing for this year’s event, it is also less expensive than before. If this is your first RiskSummit, the beautiful Spanish-colonial Aviara is located on a bluff overlooking the Pacific Ocean in northern San Diego county and offers amazing views, world-class dining, an exceptional spa, and an Arnold Palmer-signature golf course. All RiskSummit events—with the exception of Monday afternoon’s off-site sailing, mountain biking, and kayaking—will take place in conference and meeting rooms inside the Aviara’s main building, which is also where most of the guest rooms are located, making it easy to get around during the 3-day event.
RiskSummit Hotel Discount
To receive the discounted RiskSummit rate, call Four Seasons Aviara reservations at (760) 603-6888 and ask for the LoanPerformance RiskSummit 2009 rate—which is available Friday, July 24th, through Wednesday, July 29th.
Airport-Hotel Transportation
Either make arrangements with the hotel to pick you up at the airport, or plan to catch a cab or van for the airport-to-hotel trip—travel distance depending on which airport:
- San Diego International Airport (SAN): 35 miles one-way
- Orange County John Wayne Airport (SNA): 50 miles one-way
- Los Angeles International Airport (LAX): 90 miles one-away
Air travel is not included in registration fee.
To get a sense of RiskSummit, check out the full RiskSummit 2008 agenda, the 2008 company attendee list, and—if you attended the 2008 conference—the RiskSummit 2008 presentations:
*Access to presentations restricted to 2008 attendees—to recover your password, please send us an email or call (415) 536-3525.
Please note that all non-LoanPerformance partners, vendors and consultants must have prior approval to attend RiskSummit 2009. For consideration, please send us an email.
To learn more about RiskSummit 2009, please contact us by email or by calling
(415) 536-3525.
|
|
