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Event Detail

Sold Out - The Credit Crunch: An Analysis and Lessons Learned (Ended)

Date, Time, and Location:
Thursday, February 14, 2008 (add this event to your Outlook Calendar)
12:00 pm
The Mid-America Club, 200 E. Randolph Street, Chicago, IL  60601   (Driving Directions)

The Credit Crunch: An Analysis and Lessons Learned

Presented by the CFA Society of Chicago

Please join the CFA Chicago Education Advisory Group for a look back at the events that turned the credit market upside down and a look towards the future of structured products. Top-rate industry experts will discuss:

  • Key economic factors that led to the credit squeeze
  • Effects on the current economy
  • Outlook for asset-backed securities

Investment and risk management professionals from mortgage banks, investment banks, and hedge funds, along with others who invest in credit products, will gain valuable market insight and have the opportunity to interact with our panel of experts.

Luncheon Speaker:
Charles L. Evans, President & CEO - Federal Reserve Bank of Chicago

Introduction:
Patrick C. Lynch, CFA, President - Chicago Equity Partners

Panelists:
Laura D. Alter, Senior Partner & Director, Fixed Income Mgmt. - Harris Investment Management, Inc.
Walt Schmidt, Senior Vice President & Manager of Structured Product Strategies - FTN Financial Capital Markets

Moderator:
Peter W. Hegel, Managing Director, Fixed Income Management - Mesirow Financial

Time and Date:
Thursday, February 14, 2008
12:00 - 3:30 pm

Location:
The Mid-America Club
200 E. Randolph Street, 80th Floor

Attire:
Business Casual

Conference Fee:
(cash, check and credit card only - NO FUNCTION TICKETS) - Includes conference and lunch.
Members of CFA Chicago - $100
Student-Members - $50*
Non-Members - $125
*Note: This rate is only available to students who have been approved as members of CFA Chicago.

See agenda below for details.

LUNCH-ONLY OPTION:
12:00 - 1:00 pm
"Economic Outlook": Charles L. Evans, President & CEO - Federal Reserve Bank of Chicago

Lunch-Only Fee: (cash, check and credit card only - NO FUNCTION TICKETS) - Includes lunch and Mr. Evans' presentation only.

$60 - Members
$30 - Student-Members*
$75 - Non-Members
*Note: This rate is only available to students who have been approved as members of CFA Chicago.

We require a credit card guarantee for ALL reservations.
(Visa, MasterCard, American Express, Discover and Diners Club are accepted).

Cancellations accepted until 5:00 pm, February 13. There is a $5 surcharge for walk-ins.

A Passport Event This is a "Passport Program." Members of any local CFA society may attend at the CFA Chicago member rate. If you are only a member of CFA Institute, you do not qualify for the society member rate.

Eligible for 3 credit hours.

This Luncheon Program qualifies for credit under the guidelines for the CFA Institute Professional Development Program. Please click here if you would like more information.

Agenda
11:30 a.m. - 12:00 p.m.: Registration and Networking
12:00 p.m. - 1:00 p.m.: Luncheon and Keynote Speaker

"Economic Outlook"
Charles L. Evans, President & CEO - Federal Reserve Bank of Chicago

Introduction by Patrick C. Lynch, CFA, President - Chicago Equity Partners

1:00 p.m. - 1:30 p.m.: Break
1:30 p.m. - 3:30 p.m.: "The Credit Crunch: An Analysis and Lessons Learned"

Panelists
Laura D. Alter, Senior Partner & Director, Fixed Income Management - Harris Investment Management, Inc.
Walt Schmidt, Senior Vice President & Manager of Structured Product Strategies - FTN Financial Capital Markets

Moderated by Peter W. Hegel, Managing Director, Fixed Income Management - Mesirow Financial

BIOS

Luncheon Keynote Speaker:
Charles L. Evans, President & CEO - Federal Reserve Bank of Chicago
Mr. Evans took office in 2007 as the ninth president and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee (FOMC), the Federal Reserve System's most important monetary policymaking body. Before this, Mr. Evans was director of research and a senior vice president at the Chicago Fed. His research has focused on measuring the effects of monetary policy on U.S. economic activity, inflation and financial market prices. Mr. Evans received a B.A. in economics from the University of Virginia and a Ph.D. in economics from Carnegie-Mellon University in Pittsburgh.

Panelists:

Laura D. Alter, Senior Partner & Director of Fixed Income Management - Harris Investment Management, Inc.
Ms. Alter is a Senior Partner and the Director of Fixed Income Management at Harris Investment Management, Inc. She has 24 years of investment experience working with fixed income portfolios. After joining the firm in 1994 as a Portfolio Manager, Ms. Alter assumed responsibility for the entire Fixed Income team. Previous to her employment at HIM, Ms. Alter was a Senior Portfolio Manager at a Chicago-area investment management firm. She earned an M.B.A. in Finance from the University of Chicago and a B.A. in Economics from Northwestern University.

Walt Schmidt, Senior Vice President & Manager of Structured Product Strategies - FTN Financial Capital Markets
Mr. Schmidt is a fifteen-year fixed-income veteran and is based in the Chicago office of FTN Financial, where he focuses on Total Rate of Return Structured Product portfolio strategies for money managers, insurance companies, central banks, sovereign wealth funds, corporations, hedge funds, municipalities, and large depositories on a global scale. Mr. Schmidt is responsible for the management of the Structured Product Strategy area and the coordination of the Structured Product business within the firm. He holds an M.B.A. from the Graduate School of Business at the University of Chicago with concentrations in Finance and Accounting, an MA from the University of Chicago in Social Science/International Relations and a BA (with Honor) from Michigan State University in Social Science/International Relations.

Moderator:

Peter W. Hegel, Managing Director, Fixed Income Management - Mesirow Financial
Mr. Hegel, managing director of the Fixed Income Management group at Mesirow Financial, is responsible for managing the mortgage-backed effort. His career in investment management spans 25 years. Prior to joining Mesirow Financial, Mr. Hegel was a senior vice president and portfolio manager at Columbia Management. He was a founding member of Van Kampen Funds, where he served as chief fixed income investment officer from 1983 to 2000. Concurrently, he served as chief investment officer for Xerox Life. Mr. Hegel earned his bachelor of science degree in management and economics with honors from Purdue University and his M.B.A. from the University of Chicago.

Content shared during CFA Society Chicago programs is not, and nothing in it should be construed as, an offer, invitation or recommendation of any specific financial services company or professional, or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy, any securities in any jurisdiction. By registering for and attending this event, you acknowledge that any photographs that may be taken are the property of CFA Society Chicago and give your consent to their use in CFA Society Chicago's online and print business communications and marketing.