Glen Nager, a partner in Jones Day's Washington Office and the leader of the Firm's Issues & Appeals Practice, was nominated to serve a one-year term as president of the United States Golf Association (USGA). The election of officers and the 15-member USGA Executive Committee will take place Feb. 4, 2012, at the USGA's Annual Meeting in Houston. Mr. Nager is in his third year as a member of the USGA Executive Committee and second as vice president. He served as general counsel to the USGA from 2006 to 2008. Currently, he chairs the USGA's Commercial, Compensation and Rules of Golf Committees, and serves on the Equipment Standards, Joint Equipment Standards, Management and Joint Rules of Golf Committees.
More than 300 guests gathered at global law firm Jones Day's Washington Office during the annual meetings of the International Monetary Fund and World Bank to hear central bankers, government officials, economists, and executives discuss the global debt crisis and its implications for the world economy.
Following a rooftop reception, former Chairman of the Federal Reserve Paul Volcker chaired a panel discussion with former President of Mexico Ernesto Zedillo; MIT Professor and former IMF Chief Economist Simon Johnson; and David Marsh, Senior Advisor to Soditic Asset Management LLP. Mr. Volcker then delivered the William Taylor Memorial Lecture, "Three Years Later: Unfinished Business in Financial Reform," which later became the subject of a New York Times article.
"We've been sponsoring events in conjunction with the IMF/World Bank meetings for over a decade, and the particularly large turnout of clients and friends from around the world this time suggests the eagerness for high-level insight into current global financial developments," said Greg Shumaker, Partner-in-Charge of Jones Day's Washington Office. "We are grateful to Messrs. Volcker, Zedillo, Johnson and Marsh for taking time from extremely busy schedules to share their views."
"This year's discussion was particularly timely given the debt crisis confronting Europe and the United States," said Noel Francisco, leader of Jones Day's Government Regulation Practice. "Our distinguished speakers provided our guests with unique and timely insights into these rapidly changing world events."