The Carroll School of Management’s Center for Asset Management hosted its fifth annual finance conference June 10 in Fulton Hall. Financial industry executives and academics gathered to discuss hedge funds and market liquidity, the prospects for private equity and venture capital, and alternative investments. Keynote speaker E. Gerald Corrigan, a managing director at Goldman Sachs and former president of the Federal Reserve Bank of New York, spoke on U.S. banking reform legislation, warning that certain proposed limits on proprietary trading would hobble U.S. firms as they compete globally, because such reform is “not going to happen outside of the U.S., certainly not in Europe.”
At an afternoon panel discussion titled “Post Stimulus Crisis: Implications for Capital Markets,” speakers included (from left) Charles I. Clough, Jr., ’64, chairman and CEO of Clough Capital Partners; James S. Phalen ’72, executive vice president and head of global operations, technology, and product development for State Street Corporation; and Paul Willen, senior economist and policy advisor at the Federal Reserve Bank of Boston (obscured). Steven Barry ’85, CIO of Goldman Sachs Asset Management, far right, moderated.