The San Francisco Bar Association has scheduled a seminar titled Subprime Debacle and the Debate about Fair Value Accounting for Thursday, August 7.
The seminar will be held from noon to 1:30 p.m. at the BASF Conference Center, 301 Battery Street, San Francisco.
Issues for discussion include how subprime mortgages became investments held by corporations and institutional investors; what fair value is and how it relates to the huge write-downs in assets held by banks and institutional investors; how the write-downs exacerbated the liquidity risks and counterparty risks in the financial markets; and current arguments for and against fair-value accounting.
The scheduled speakers are Monica Ip and Greg Regan, both of Hemming Morse, Inc.
For information about registration fees and CLE credits, see the Bulletin Board on The Metropolitan Corporate Counsel website at www.metrocorpcounsel.com.
For reservations, visit www.sfbar.org.