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

Mar 18, 2011, 14:00 ET from Cardozo Law School, Yeshiva University

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 heymancenter@yu.edu.

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



SOURCE Cardozo Law School, Yeshiva University