Day:    Thursday
Date:   5th November 2009
Time:   6.30 p.m. - 9.00 p.m. (presentation starts at 7.00 p.m.)
Venue: Bain & Company, Inc. 40 Strand, London WC2N 5RW
Tube:   Nearest tubes – Charing Cross
Cost:    £25 for members; £30 for non-members and guests.

TOO BIG TO SAVE?

WHAT WILL BE THE ROAD TO FINANCIAL REFORM?

Limited Space – Book Early
Priority booking for Members of the HBS Alumni Club of London

Widely recognized for his leadership in both finance and economic policy, Robert Pozen will present his new book, TOO BIG TO SAVE?: How to Fix the U.S. Financial System Foreword by Robert J Shiller, to be published by Wiley in  November 2009.

TOO BIG TO SAVE? chronicles the collapse of our financial system, one domino at a time, from mortgage-backed securities to stock markets, from money market funds to recapitalized banks, and from the SEC's mistakes to international protectionism. After identifying the multiple factors causing the financial crisis and evaluating the governmental responses so far to this crisis and suggests what actions should be taken to prevent future crises, Bob Pozen focuses on four issues:

• Why revival of the loan securitization process is important to the American recovery
• How the government should decide which financial institutions should be recapitalized
• Why mega banks need a much smaller and stronger board of directors
• How the monitoring of systemic risks should be integrated within an enhanced structure of financial regulation

Shifting the focus from yesterday's mistakes to realistic solutions that the U.S. Treasury, Congress, the G20, and America's business leaders can and should take now, Robert Pozen points the way to a more secure economic future by drawing a blueprint for reform. Richard Posner has called this book "a detailed yet thoroughly lucid and accessible study of the  financial crisis... and more important, the best critique I have seen of the government's responses to the crisis and its recent blueprint for financial regulatory reform” 

ROBERT POZEN is Chairman of MFS Investment Management(r), which manages over $150 billion in assets for more than five million investors worldwide.  He was formerly vice chairman of Fidelity Investments and president of Fidelity Management & Research Company, the investment advisor to the Fidelity mutual funds.  He served on President Bush's Commission to Strengthen Social Security and as Secretary of Economic Affairs for Massachusetts Governor Mitt Romney.  He currently is a senior lecturer at the arvard Business School He has contributed numerous articles to the Wall Street Journal, the New York Times, and the Financial Times. He has appeared on CNN, CNBC, NPR, and Bloomberg TV and is based in Boston. 

Canapés and drinks will be served. Guests are welcome.

Priority booking for Members of the HBS Alumni Club of London. Please book on line at www.hbsa.org.uk

Alternatively contact Janet Talbut on admin@hbsa.org.uk / Tel: 01799 540089
of London admin@hbsa.org.uk

Click here for Map