Advancing the Field of Quantitative Finance
formerly the IAFE

Event

Event: America's Next Top Pricing Model-Valuations in Distress
Date:May 12, 2008
Time: 5:00 Registration, 5:30 Program Begins, 7:00 Reception
Location:
PricewaterhouseCoopers
300 Madison Avenue
New York

The International Association of Financial Engineers is pleased to invite you to

America’s Next Top Pricing Model – Valuations in Distress

Panelists:
Michael Greenstein, PricewaterhouseCoopers
Robert Neff, Sailfish Capital Partners
Charles Smithson, Rutter Associates LLC

Moderated by:
Bethany McLean, Fortune Magazine

· Is mark to market appropriate in an illiquid market?

· Should valuations of distressed securities be treated differently from securities held where the supply vastly exceeds the demand, i.e., an imbalance?

· If real estate values were constantly rising, what choice did the rating agencies have when it came to subprime?

· Should Congress step in and overrule FAS 157?

· If an investor bought credit protection as a speculator and doesn't own the underlying bond, how should such investor value the protection contract?