Rep. Alan Grayson asks a group of witnesses representing parts of the hedge fund industry what the rules should be to prevent large financial institutions from threatening the financial system. The witnesses at this hearing are as follows: The Financial Services Subcommittee on Capital Markets held a hearing on Hedge Fund Registration on May 7, 2009 at 11am. The witnesses were: * Mr. Todd Groome, Chairman, Alternative Investment Management Association * The Honorable Richard H. Baker, President, Managed Funds Association * Mr. James S. Chanos, Chairman, Coalition of Private Investment Companies * Ms. Orice Williams, Director, Financial Markets and Community Investment Team, Government Accountability Office *Mr. Britt Harris, Chief Investment Officer, Teacher Retirement System of Texas\ The hearing charter and archived webcast is here: www.house.gov
Posts Tagged ‘ Grayson ’
Congressman Alan Grayson discusses a change in accounting rules demanded by the banks that caused this mess. Robert Herz of FASB actually talks about how insolvent banks, two weeks before they go bankrupt, call up and request accounting changes. The witnesses for this hearing were: Mr. James Kroeker, Acting Chief Accountant, US Securities and Exchange Commission Mr. Robert Herz, Chairman, Financial Accounting Standards Board Mr. Kevin Bailey, Deputy Comptroller for Regulatory Policy, Office of the Comptroller of the Currency
Rep. Alan Grayson explores Fannie Mae’s use of derivatives with Federal Home Finance Agency chief James Lockhart in a Financial Services Capital Markets Subcommittee hearing on June 3, 2009.
This hearing on how the Federal government should oversee insurance took place in the Financial Services Subcommittee on Capital Markets. The hearing notice and witness statements are located here: www.house.gov The witnesses were: Mr. Baird Webel, Specialist in Financial Economics, Congressional Research Service; Ms. Patricia Guinn, Managing Director, Global Risk and Financial Services Business, Towers Perrin; Mr. J. Robert Hunter, Director of Insurance, Consumer Federation of America; Mr. Martin F. Grace, James S. Kemper Professor, Department of Risk Management and Insurance, Georgia State University Mr. Scott Harrington, Alan B. Miller Professor, Wharton School, University of Pennsylvania.