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September 12, 2013

Senator Elizabeth Warren Headlines “Five Years On, Learning Lehman’s Lessons from the Panic of 2008,” Thursday, September 12 at 9AM

 
Senator Elizabeth Warren Headlines “Five Years On, Learning Lehman’s Lessons from the Panic of 2008,” Thursday, September 12 at 9AM
 
Senator Elizabeth Warren (D-MA) will deliver a keynote speech on whether the U.S. is better prepared for the next financial crisis at an event sponsored by Better Markets, Inc. and George Washington Law School’s Center for Law, Economics & Finance on September 12, 2013. Senator Warren has championed efforts to hold Wall Street accountable for its too-often reckless conduct, through her oversight of the TARP program, the creation of the CFPB and most recently through the introduction of new bipartisan legislation to separate commercial from investment banking. As a strong advocate for reforming and re-regulating Wall Street and the financial sector, her remarks on the 5th anniversary of Lehman’s fall will no doubt be consequential.
 
The program, “Five Years On, Learning Lehman’s Lessons from the Panic of 2008,” also features a panel discussion on making the financial system stronger so it never again threatens economic chaos requiring massive taxpayer-backed government bailouts. Moderated by Vermont Law Professor Jennifer Taub, the panel features Neil Barofsky, former SIGTARP and author of Bailout; Columbia University School of Law Professor John Coffee; Ted Kaufman, former Senator who also chaired of the Congressional Oversight Committee for TARP; and Professor James Galbraith of the University of Texas.
 
Concluding remarks will be delivered by William D. Cohan, contributing editor of Vanity Fair and author of Money and Power: How Goldman Sachs Came to Rule the World. A former investment banker, Bill Cohan offers unique insight into how Wall Street came to nearly destroy the financial system and will provide a fitting conclusion to a discussion about how to curb abusive practices on Wall Street that have left a profound and damaging legacy for the American public.
 
“Five Years On, Learning Lehman’s Lessons from the Panic of 2008: Are We Better Prepared for the Next Financial Crisis,” will be held from 8:30 am to 12:30 pm on Thursday, September 12, 2013, at George Washington University’s Betts Theatre, 800 21st Street, NW, Washington, DC.
 
Please contact Jake Leon at 202-618-6430 or jleon@bettermarkets.com for more information or to register for the event.
 
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Better Markets is an independent, nonprofit, nonpartisan organization that promotes the public interest in financial reform in the domestic and global capital and commodity markets. Better Markets advocates for transparency, oversight and accountability with the goal of a stronger, safer financial system that is less prone to crisis and failure thereby eliminating or minimizing the need for more taxpayer funded bailouts. To learn more, visit www.bettermarkets.com.
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