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PROGRAM
Thursday, April 16
8:00–9:00 a.m.
BREAKFAST AND REGISTRATION
9:00–9:30 a.m.
WELCOME AND INTRODUCTION
Maya Harris, Ford Foundation
Dimitri B. Papadimitriou, The Levy Economics Institute
9:30–10:30 a.m.
SPEAKER
“Unpleasant Arithmetic”
Bruce Kasman
, JPMorgan Chase & Co.
10:30 a.m. – 12:15 p.m.
SESSION 1—ASSESSMENT OF FED/TREASURY RESPONSE TO CRISIS
MODERATOR:  Greg Hannsgen, The Levy Economics Institute

William Kurt Black, University of Missouri–Kansas City

“Return of the State”
Marshall Auerback
, RAB Capital PLC

“Setting the Agenda for Financial Reform”
Jane D’Arista
, Political Economy Research Institute, University of Massachusetts Amherst

“Fatal Reversal: From Single Payer to Free Markets and Back Again”
Thomas Ferguson
, University of Massachusetts Boston
12:15–2:30 p.m. 
LUNCH
SPEAKER: Dennis P. Lockhart, Federal Reserve Bank of Atlanta
2:30–3:15 p.m.
SPEAKER
“Always the Same, Always Different”
James Grant
, Grant’s Interest Rate Observer
3:15–5:00 p.m.
SESSION 2—PROPOSALS ON ALTERNATIVE FINANCIAL REGULATION
MODERATOR: Jane D’Arista, Political Economy Research Institute, University of Massachusetts Amherst

It's a Long Regulatory Agenda”
Alan S. Blinder
, Princeton University

“Thoughts about the Supervisory System Going Forward”
Christine M. Cumming
, Federal Reserve Bank of New York

“Will We Have Meaningful Reform or Simply the Appearance of Reform?”
Michael Greenberger
, The University of Maryland School of Law

“Narrow Banking v. Toxic Instruments”
Martin Mayer
, The Brookings Institution
5:00–5:15 p.m.   
COFFEE BREAK
5:15–6:30 p.m.
SESSION 3—LEVY INSTITUTE–FORD PROJECT PROPOSALS ON REREGULATION OF THE FINANCIAL SYSTEM
MODERATOR: Greg Hannsgen, The Levy Economics Institute

“Minsky and the Regulation of the Financial System”
Jan Kregel, The Levy Economics Institute and University of Missouri–Kansas City

“Structural Contagion: Some Implications of the International Transmission of Financial Fragility”
C. P. Chandrasekhar, Jawaharlal Nehru University

“Reregulating the Financial System”
Mario Tonveronachi, University of Siena

“Financial Regulation and the Financial Instability Hypothesis: A Ponzi-finance Approach to Financial Reform”
Éric Tymoigne, The Levy Economics Institute and California State University, Fresno
6:30–7:30 p.m.
RECEPTION
7:30 p.m.
DINNER
SPEAKER:
“A Minsky Meltdown: Lessons for Central Bankers?”
Janet L. Yellen
, Federal Reserve Bank of San Francisco

Friday, April 17
8:30–9:00 a.m.   
BREAKFAST
9:00–9:45 a.m.
SPEAKER
“Minsky, U.S. Policy, and the Global Economy”
Robert J. Barbera
, ITG
9:45–10:30 a.m.
SPEAKER
"Financial Crisis—A Threat to European Economies”
Norbert Walter
, Deutsche Bank
10:30–10:45 a.m.   
COFFEE BREAK
10:45 a.m. – 12:00 p.m.
SESSION 4—THE INSTITUTIONAL SHAPE OF THE FUTURE FINANCIAL SYSTEM
MODERATOR: Jan Kregel, The Levy Economics Institute and University of Missouri–Kansas City

“Four Tasks for the Market Stability Regulator”
Richard Bookstaber
, Author and financial economist

“Does Changing Boxes on the Regulatory Organization Chart Alter Minsky’s Fragility?”
Alex J. Pollock, American Enterprise Institute

“Stress Testing the Banks and Stabilizing Household Budgets”
Walker F. Todd, American Institute for Economic Research
12:00 – 1:15 p.m.
SESSION 5—CURRENT CONDITIONS AND FORECASTS
MODERATOR: Ajit Zacharias, The Levy Economics Institute

“U.S. Economic Outlook”
Dean Maki,
Barclays Capital

"Economic and Financial Market Outlook"
James W. Paulsen,
Wells Capital Management

"What Happens at Growth Rate Cycle Upturns?"
Lakshman
Achuthan, Economic Cycle Research Institute
1:15–3:15 p.m. 
LUNCH

SPEAKER:
“Who Is Primarily Responsible for the Credit Crisis?”
Henry Kaufman, Henry Kaufman & Company, Inc.

3:15–4:00 p.m. SPEAKER
Joseph E. Stiglitz, Columbia University
4:00–6:00 p.m.
SESSION 6—ALTERNATIVE STIMULUS AND BAILOUT PROPOSALS
MODERATOR: Dimitri B. Papadimitriou, The Levy Economics Institute

“No Return to Normal”
James K. Galbraith
, The Levy Economics Institute and University of Texas at Austin

“Alternative Proposals for a U.S. Nonconvertible Currency Regime”
Warren Mosler, Valance Company, Inc.

“Riding the Debt Deflation Guardrails”
Robert W. Parenteau, The Levy Economics Institute and MacroStrategy Edge

“The Return of Big Government: A Minskyan New Deal”
L. Randall Wray, The Levy Economics Institute and University of Missouri–Kansas City
6:00–6:30 p.m.
RECEPTION

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