Addressing Systemic Risk
With a Keynote Presentation by Alan Greenspan

In late March, Treasury Secretary Timothy Geithner proposed a two-part plan for addressing systemic risk in light of the failure of Lehman Brothers and the rescue of AIG. As proposed, the plan contemplates a "systemic regulator" that would oversee the entire financial system and have the authority to designate certain bank and nonbank financial firms as "systemically important financial institutions" (SIFIs). The designation would apparently mean that the government believes an SIFI's failure could result in a systemic breakdown--a widespread economic or financial collapse--and, for that reason, SIFIs would be specially regulated and supervised. In addition, the plan would give the Federal Deposit Insurance Corporation the authority to bail out or liquidate failing SIFIs. The plan raises significant questions: whether it is possible to identify, in advance, firms that might cause a systemic breakdown if they fail; whether a designation as an SIFI will be seen by markets as a government certification that an institution is too big to fail; whether a resolution system for nonbank financial institutions will result in more AIG-like bailouts; and whether what happened in the financial markets this past fall was an example of systemic risk. These and other questions will be addressed at this conference.

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Wednesday, September 03, 2014 | 9:00 a.m. – 10:30 a.m.
From anarchy to Augustus: Lessons on dealing with disorder, from Rome’s first emperor

We invite you to join us for two panel discussions on how Augustus created order from chaos 2,000 years ago, and what makes for durable domestic and international political systems in the 21st century.

Wednesday, September 03, 2014 | 12:00 p.m. – 1:30 p.m.
Multiple choice: Expanding opportunity through innovation in K–12 education

Please join us for a book launch event and panel discussion about how a marketplace of education options can help today's students succeed in tomorrow's economy. Attendees will receive a complimentary copy of the featured book.

Thursday, September 04, 2014 | 12:00 p.m. – 1:30 p.m.
How conservatives can save the safety net

Please join us for a luncheon event in which our panel will discuss what conservatives can learn from how liberals talk and think about the safety net and where free-market economics, federalism, and social responsibility intersect to lift people out of poverty.

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