Bear Stearns, Geithner, and Paulson testify to FCIC next week

FCIC website:


For Immediate Release Media Inquiries:
April 29, 2010

Financial Crisis Inquiry Commission
Announces Details for Next Public Hearing

(Washington, DC) – Today the Financial Crisis Inquiry Commission (FCIC) announced details
for the Commission’s next public hearing titled “The Shadow Banking System” – the system of
bank-like financial institutions and markets operating outside of the regulatory structure for
traditional banking activities.
When: Wednesday, May 5, 2010, 9am EDT
Thursday, May 6, 2010, 9am EDT


DAY ONE –WEDNESDAY,MAY 5
Session 1: Investment Banks and the Shadow Banking System
Paul Friedman, former Chief Operating Officer of Fixed Income
Bear Stearns
Samuel Molinaro, Jr., former Chief Financial Officer and Chief Operating Officer
Bear Stearns
Warren Spector, former President and Co-Chief Operating Officer
Bear Stearns

Session 2: Investment Banks and the Shadow Banking System
James E. Cayne, former Chairman and Chief Executive Officer
Bear Stearns
Alan D. Schwartz, former Chief Executive Officer
Bear Stearns

Session 3: SEC Regulation of Investment Banks
Charles Christopher Cox, former Chairman
U.S. Securities and Exchange Commission
William H. Donaldson, former Chairman
U.S. Securities and Exchange Commission
H. David Kotz, Inspector General
U.S. Securities and Exchange Commission
Erik R. Sirri, former Director Division of Trading & Markets
U.S. Securities and Exchange Commission

DAY TWO – THURSDAY,MAY 6

Session 1: Perspective on the Shadow Banking System
Henry M. Paulson, Jr., former Secretary
U.S. Department of the Treasury

Session 2: Perspective on the Shadow Banking System
Timothy F. Geithner, Secretary, U.S. Department of the Treasury; former President,
Federal Reserve Bank of New York

Session 3: Institutions Participating in the Shadow Banking System
Michael A. Neal, Vice Chairman, GE and Chairman and Chief Executive Officer
GE Capital
Mark S. Barber, Vice President and Deputy Treasurer
GE Capital
Paul A. McCulley, Managing Director
PIMCO
Steven R. Meier, Chief Investment Officer
State Street
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