Is Bankruptcy a Viable Solution to the States' Fiscal Crisis?

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Cardozo Law School, Yeshiva University

Mar 18, 2011, 02:00 ET

NEW YORK, March 18, 2011 /PRNewswire-USNewswire/ -- On Monday, March 21, 2011 at 6:00 p.m., The Samuel & Ronnie Heyman Center on Corporate Governance will present a panel discussion on: Is Bankruptcy a Viable Solution to the States' Fiscal Crisis? Massive budget deficits, pension plans that may run out of funds within a decade and municipal bond yields rising - our states are in a fiscal crisis. How will they resolve their issues and get their fiscal houses in order? Is it time now for a financial reconstructing? Do states already have the tools to address their financial challenges? The panel will debate the best way to fix the states and ensure that states' problems do not turn into a national problem.

The event is open to the public and free of charge. It will be held in the Jacob Burns Moot Court Room of Cardozo Law School, 55 Fifth Avenue, New York, NY 10003. Registration is encouraged: rsvp to [email protected].

Panelists:
John Chiang
Controller, State of California
Jonathan Henes
Partner, Kirkland & Ellis LLP
Thomas Nitido
Deputy Comptroller for Budget and Policy Analysis
Office of the New York State Comptroller
Dan Rutherford
Treasurer, State of Illinois
Todd Snyder
Managing Director, Rothschild Inc.

Moderator:
Peter Lattman
Reporter, The New York Times