Marion C. Blakey
President and CEO
Aerospace Industries Association (AIA)
Overview
The Bloomberg Washington Summit will gather key administration officials, CEOs, governors, lawmakers, and economists to assess the economy and debate the path beyond the fiscal cliff. We’ll explore the ongoing debate around budgets and the debt, the future of banking, and assess the state of the markets and the U.S. Economy. The Summit will address government spending, revenues, the corporate tax debate, job creation, and give insight for investors looking at opportunities in markets so closely correlated to fiscal and monetary policy moves.
Join the conversation. Follow @BBGLINK #BBwash on Twitter.
Venue
Foreign Affairs | Washington, DC
Registration
For information on individual and group rates, contact Ryan Gavaghan at +1 212 617 4820 or rgavaghan@bloomberg.net.
Sponsorship Opportunities
For sponsorship opportunities, contact Sue Ann Timco at +1 212 617 3644 or stimco@bloomberg.net.
Sponsored By:
| 8:00 am | PARTICIPANT CHECK-IN & BREAKFAST |
| 8:30 am | WELCOME & OPENING REMARKS Susan Goldberg, Executive Editor, Federal, State & Local News, Bloomberg News Emcee: Peter Cook, Chief Washington Correspondent, Bloomberg Television |
| 8:35 am | THE FUTURE OF THE U.S. & GLOBAL ECONOMY Repeating the pattern of the past three years, the U.S. is cooling off as the weather turns warmer, with job growth slowing, retail sales falling and manufacturing output dropping after gross domestic product surged an estimated 3 percent in the first quarter. The deceleration is coming in response to an identifiable cause -- the biggest federal-budget tightening in more than 60 years -- rather than inchoate fears about a break-up among countries that use the euro, a Treasury-debt default or a hard landing for China’s economy. And the U.S. looks better prepared to withstand it, thanks in part to a rebounding housing market. What is the outlook for the economy? What is the economic impact of the federal-budget cuts? What can Washington do to help stimulate market growth? Confirmed Speakers: Laurence H. Meyer, Co-Founder and Senior Managing Director, Macroeconomic Advisers, LLC; Former Member, Board of Governors of the Federal Reserve System Edmund S. Phelps, Nobel Prize Laureate in Economics (2006); Director, Center on Capitalism and Society, Columbia University Adam Posen, President of the Peterson Institute for International Economics; Member, Monetary Policy Committee of the Bank of England, 2009–2012 Interviewed by: Daniel Moss, Executive Editor, Economics and International Government, Bloomberg News |
| 9:10 am | THE STATE OF DEFICITS & DEBT Facing another slowdown in the world economy, the U.S. and International Monetary Fund are pitched against the euro area and U.K. over whether axing budgets and debt is the recipe for recovery or recession. President Barack Obama sent a $3.8 trillion budget to Congress earlier this month calling for more tax revenue and slower growth for Social Security benefits in a political gamble intended to revive deficit-reduction talks. The administration forecasts that the federal budget deficit for the fiscal year that begins Oct. 1 will be $744 billion, or 4.4 percent of the economy. The Office of Management and Budget estimates that the shortfall this year will be $973 billion, or 6 percent of the economy. What is the economic cost of federal belt tightening? What is the scope of the debt threat? What is the outlook for the proposed budget? How much of a burden are pension liabilities, social security and health care obligations? How are federal tax and expenditures impacting state and local governments? Confirmed Speakers: Gene L. Dodaro, Comptroller General of the United States, Head, U.S. Government Accountability Office (GAO) John Podesta, Chair, Center for American Progress; Former Chief of Staff to President William J. Clinton Rep. Chris Van Hollen, (D-MD), Ranking Member, House Budget Committee Interviewed by: Albert R. Hunt, Columnist, Bloomberg View |
| 9:40 am | FCC: THE EXIT INTERVIEW Federal Communications Commission Chairman Julius Genachowski’s legacy includes expanding access to high-speed wireless Internet service, freeing the airwaves, and promoting entrepreneurship in the mobile sector. He recently called for high-speed Internet-access providers, as well as state and municipal leaders, to come together to develop at least one gigabit community in each of the 50 states by 2015. What is the future of broadband and wireless? How can the FCC drive economic growth? What is the status of the looming spectrum crisis? What is the outlook for the battle for the airwaves? Julius Genachowski, Chairman, Federal Communications Commission Interviewed by: Peter Cook, Chief Washington Correspondent, Bloomberg Television |
| 10:00 am | BRIDGING THE DIVIDE: WASHINGTON & WALL STREET Wall Street and Washington continue to grapple with regulation meant to safeguard against another financial crisis. Even before the rules of Dodd-Frank have finished being written, Senators Sherrod Brown and David Vitter have put forward “Too big to fail” legislation claiming the Dodd-Frank Act does not go far enough to guard taxpayers against future bailouts. What is the outlook for financial legislation being considered? What is the legacy of the financial crisis and Dodd-Frank on the banking industry? What is the impact on the economy? Confirmed Speakers: Michael C. Bodson, President and CEO, The Depository Trust & Clearing Corporation (DTCC) David McCormick, Co-President, Bridgewater Associates L.P.; Former Under-Secretary for International Affairs, U.S. Department of the Treasury Gary W. Parr, Vice Chairman, Lazard Interviewed by: Robert Friedman, Editor-at-Large, Bloomberg News |
| 10:30 am | THE INVESTOR CONFIDENCE GAME How is Washington impacting market confidence? How are investors positioning themselves around policy? What can Washington do to drive the recovery? Confirmed Speakers: Robert F. Engle, Michael Armellino Professor of Management and Financial Services; Director, Volatility Institute, Stern School of Business, New York University; Nobel Prize Laureate in Economics (2003) Harvey L. Pitt, Chief Executive Officer, Kalorama Partners, LLC; Former Chairman, U.S. Securities and Exchange Commission (SEC) Anthony Scaramucci, Founder & Co-Managing Partner, SkyBridge Capital; Author, The Little Book of Hedge Funds Interviewed by: Cesca Antonelli, Washington Bureau Chief and Managing Editor, Bloomberg News Questioner-In Chief: John D. Rogers, President and Chief Executive Officer, CFA Institute |
| 11:00 am | STATE OF THE KEYSTONE STATE: ENERGY, PENSIONS & BUDGETS Fracking has been a gamechanger for the U.S. energy industry and Pennsylvania has been a major beneficiary of that boom. A third of the total gas resources are in Eastern states such as Pennsylvania and Ohio, and almost half the total resources nationwide are in shale formations. Pennsylvania’s unemployment remains above the national average despite a gas boom that’s made the state a top energy producer. Pennsylvania joins states dealing with a growing pension burden as their finances recover from the longest recession since the 1930s. Corbett has said pension costs will consume 60 percent of all new revenue in the fiscal year beginning in July. What is the outlook for pension reform? What is being done to promote job growth? How is Pennsylvania luring new business to the state? What are the headwinds and tailwinds brought on by the fracking boom? The Hon. Tom Corbett, Governor, Commonwealth of Pennsylvania Interviewed by: Julianna Goldman, White House Correspondent, Bloomberg Television, Bloomberg News and Bloomberg Businessweek |
| 11:25 am | RETHINKING THE BUSINESS MODEL: PUBLIC DEBT & THE PRIVATE SECTOR Washington’s budget impasse, the debt debate and sequestration are sending ripples through the public and private sector. While Congress moved rapidly to pass legislation ending air-traffic controller furloughs, other casualties of budget balancing still need to be addressed. Last year, the U.S. Postal service lost $15.9 billion and reached its legal borrowing limit. Plans to eliminate a day of mail delivery that could save about $2 billion a year are being challenged by unions and held up in Congress. How does the business model for the U.S.P.S. need to be reinvented? What is the impact for private carriers like UPS? Will the new austerity induce government at all levels to privatize some traditional governmental functions -- like building and operating airports or maintaining public roads? What is the outlook for the economy? What are the broader implications for proposed budget cuts in Congress for the business sector? Confirmed Speakers: Sen. Ben Cardin (D-Maryland) Kurt Kuehn, Chief Financial Officer, UPS Joseph Corbett, Chief Financial Officer & Executive Vice President, United States Postal Service Interviewed by: Robert Litan, Director of Research, Bloomberg Government |
| 11:55 am | THE STATE OF SWAPS, DERIVATIVES & FUTURES REGULATION Dodd-Frank was enacted in part to give regulators better oversight of the $639 trillion global swaps market, after largely unregulated trades helped fuel the 2008 credit crisis. The CFTC and Securities and Exchange Commission were granted authority to write rules requiring trade information to be reported to so-called swap data repositories that function as central record keepers. Are Dodd-Frank act derivatives rules succeeding in giving regulators a full picture of the swaps market? Would a loss on the scale of JPMorgan’s London Whale be detected under new reporting rules? What more can be done? What is the future of Libor? What alternative interest rate benchmarks could replace Libor? Gary Gensler, Chairman, Commodity Futures Trading Commission Interviewed by: Peter Cook, Chief Washington Correspondent, Bloomberg Television |
| 12:15 pm | THE U.S. vs. CHINA China’s economy, now the world’s second-biggest, is on course to overtake the U.S. in 2016 according to a report by the Organization for Economic Cooperation and Development. China is second only to Canada among the biggest U.S. trading partners, with two-way trade last year reaching $536.2 billion, and the deficit on the U.S. side at $315 billion in 2012, more than any other nation. While the communist nation had average economic growth of 10.6% in the 10 years through 2011 and 7.8% last year, it continues to restrict U.S. producers of autos, steel and beef from gaining access to its markets. Recently the U.S. has sought to bolster protection of corporate networks after security firms including Mandiant Corp. traced attacks against U.S. companies to Chinese sources. What is the outlook for Sino-American relations? What is the status of currency manipulation discussions? What are the wider concerns over the cybersecurity attacks? Who is winning the innovation race? Speakers: Carly Fiorina, Former Chairman and CEO, Hewlett-Packard; Chairman, Good360 Steve Hanke, Professor of Applied Economics and Co-Director, Institute for Applied Economics, Global Health, and the Study of Business Enterprise, The Johns Hopkins University Dambisa Moyo, International Economist; Author, Winner Take All; How The West Was Lost; and Dead Aid Interviewed by: Mike Tackett, Managing Editor, Bloomberg News |
| 12:45 pm | LUNCH |
| 1:40 pm | WELCOME BACK REMARKS Robert Litan, Director of Research, Bloomberg Government |
| 1:45 pm | AN INTERVIEW WITH THE WHITE HOUSE: ON JOBS, THE RETURN OF U.S MANUFACTURING, THE ECONOMY The job market began to slow just as $85 billion in automatic across-the-board government budget cuts, known as sequestration, started March 1. According to a Congressional Budget Office estimate sequestrations will reduce employment by 750,000 by the end of the year. The reductions in planned spending is expected to trim 5 percent from domestic agencies and 8 percent for the Defense Department this fiscal year. What is the real economic impact of sequestration? What is the outlook for growth? What are the fundamentals driving a slower job growth? What strategies are the White House looking into to create jobs? How much is a revival in U.S. manufacturing adding tailwinds to the economy? Alan Krueger, Chairman, White House Council of Economic Advisers Interviewed by: Tom Keene, Editor-at-Large, Bloomberg News; Co-Host, “Bloomberg Surveillance”, Bloomberg TV & Radio |
| 2:30 pm | THE REAL COST OF HEALTHCARE U.S. states, counties and cities are burdened with trillions of dollars of unfunded obligations to provide health care for retired government employees, on top of the pledges they've made to provide pensions. These so-called OPEB promises made by the 15 biggest cities alone total $115 billion, with an average burden of $2,300 for every man, woman and child, according to data compiled by Bloomberg. How will local governments manage to make good on their pledges without becoming insolvent? Will we see governments reduce benefits and raise their cost for current workers, as has been the case in several cities and states? And how will this retiree health-care burden affect implementation of President Obama’s health law to extend insurance over the next decade to about 27 million people nationwide. Speakers: Richard Ravitch, Co-Chair, Task Force on the State Budget Crisis; Former Lieutenant Governor, State of New York; Chairman, Ravitch Rice & Company LLC Edward G. Rendell, Former Governor of Pennsylvania (2003-2011); Former Chairman, Democratic National Committee (DNC) Robert G. Romasco, President, AARP Interviewed by: William Glasgall, Managing Editor, States and Municipalities, Bloomberg News |
| 3:15 pm | THE STATE OF THE COMMONWEALTH OF VIRGINIA & THE PRICE OF SEQUESTRATION Virginia has one of the lowest unemployment rates in the U.S. with 5.3%. Where is Virginia experiencing job growth? How is the state luring new business to the state? The sequester blame game begins. Automatic reductions known as sequestration created by President Barack Obama and congressional Republicans as a penalty for failing to agree on a deficit-reduction strategy are expected to strip $1.2 trillion from national security and domestic programs over nine years unless an alternative is enacted. What is the real price of sequestration in Virginia? How is sequestration expected to impact the economy? Bob McDonnell, Governor, Commonwealth of Virginia Interviewed by: Susan Goldberg, Executive Editor, Local, State & Federal Government News, Bloomberg News |
| 3:45 pm | REGULATION & THE CORPORATE TAX REFORM DEBATE Though the idea of corporate tax reform has growing political consensus in Washington, agreement on ways to implement reform has been difficult to achieve. At 35 percent the U.S. has the highest corporate tax rate of all industrialized countries, yet corporate revenues are significantly offset by numerous loopholes and special provisions that advantage U.S. companies. How should regulators establish a corporate tax system that lowers the top rate, broadens the revenue base by eliminating loopholes, and ensures US competitiveness at home and abroad? Is corporate tax reform possible? Speakers: Marion C. Blakey, President and CEO, Aerospace Industries Association (AIA); Former Administrator, Federal Aviation Administration (FAA) Daniel S. Glaser, President and Chief Executive Officer, Marsh & McLennan Companies Douglas Holtz-Eakin, President, American Action Forum R. Donahue Peebles, Chairman and CEO, The Peebles Corporation Interviewed by: Nela Richardson, Senior Economic Analyst, Bloomberg Government Questioner-In Chief: John D. Rogers, President and Chief Executive Officer, CFA Institute |
| 4:30 pm | CLOSING REMARKS & SUMMIT ADJOURNS COCKTAIL RECEPTION PAST CONFERENCE AGENDAS: AGENDA: Bloomberg Washington Summit - May 2012 Washington, DC AGENDA: Bloomberg Washington Summit - Nov 2009 Washington, DC |
Michael C. Bodson
President and CEO
Depository Trust & Clearing Corporation (DTCC)
Sen. Ben Cardin (D-MD)
Senator
United States Senate
Joseph Corbett
Chief Financial Officer & Executive Vice President
United States Postal Service
The Hon. Tom Corbett
Governor
Commonwealth of Pennsylvania
Gene L. Dodaro
Comptroller General of the United States,
Head, U.S. Government Accountability Office (GAO)
Robert F. Engle
Michael Armellino Professor of Management and Financial Services
Director, Volatility Institute, Stern School of Business, New York University
Nobel Prize Laureate in Economics (2003)
Carly Fiorina
Chairman
Good360
Julius Genachowski
Chairman
Federal Communications Commission
Gary Gensler
Chairman
U.S. Commodity Futures Trading Commission
Daniel S. Glaser
President and CEO
Marsh & McLennan Companies
Steve H. Hanke
Professor of Applied Economics and Co-Director, Institute for Applied Economics, Global Health, and the Study of Business Enterprise
The Johns Hopkins University
Douglas Holtz-Eakin
President
American Action Forum
Alan B. Krueger
Chairman
Council of Economic Advisers
Kurt Kuehn
Chief Financial Officer
UPS
David McCormick
Co-President, Bridgewater Associates, LP
Former Under-Secretary for International Affairs, U.S. Department of the Treasury
Governor Bob McDonnell
Governor
Commonwealth of Virginia
Laurence H. Meyer
Co-Founder and Senior Managing Director
Macroeconomic Advisers, LLC
Dambisa Moyo
International Economist; Author, Winner Take All; How The West Was Lost; and Dead Aid
Gary W. Parr
Vice Chairman
Lazard
R. Donahue Peebles
Chairman and CEO
The Peebles Corporation
Edmund S. Phelps
Nobel Prize Laureate in Economics (2006)
Director, Center on Capitalism and Society, Columbia University
Harvey L. Pitt
CEO, Kalorama Partners, LLC
Former Chairman, U.S. Securities and Exchange Commission (SEC)
John Podesta
Chair, Center for American Progress
Former Chief of Staff to President William J. Clinton
Adam Posen
President of the Peterson Institute for International Economics
Member, Monetary Policy Committee of the Bank of England, 2009–2012
Richard Ravitch
Co-Chair, Task Force on the State Budget Crisis
Former Lieutenant Governor, State of New York
Chairman, Ravitch Rice & Company LLC
Governor Edward G. Rendell
Former Governor Pennsvlvania,
Former DNC Chair,
MSNBC Political Analyst
John D. Rogers
President and CEO
CFA Institute
Rob Romasco
President
AARP
Anthony Scaramucci
Founder and Co-Managing Partner
SkyBridge Capital
Rep. Chris Van Hollen (D-MD)
Ranking Member
House Budget Committee
Cesca Antonelli
Washington Bureau Chief and Managing Editor
Bloomberg News
Peter Cook
Chief Washington Correspondent
Bloomberg Television
Robert Friedman
Editor-at-Large
Bloomberg News
William Glasgall
Managing Editor, States and Municipalities
Bloomberg News
Susan Goldberg
Executive Editor, Federal, State and Local News
Bloomberg News
Julianna Goldman
White House Correspondent
Bloomberg News and Bloomberg TV
Albert R. Hunt
Executive Editor, Bloomberg News
Host, “Political Capital with Al Hunt”, Bloomberg Television
Columnist, Bloomberg View
Tom Keene
Editor-at-Large, Bloomberg News
Co-Host, “Bloomberg Surveillance”, Bloomberg TV & Radio
Robert E. Litan
Director of Research
Bloomberg Government
Daniel Moss
Executive Editor, Economics and International Government
Bloomberg News
Nela Richardson
Senior Economic Analyst
Bloomberg Government
VISA
Visa Commercial solutions provide precisely the right tools for CFOs of large and mid-size companies who are ultimately accountable for their fiscal vision and success. Visa’s innovative products and services include a range of commercial payment programs, information management and consulting services that help small businesses, global corporations and governments manage expenses, streamline operations and improve their bottom line. Senior financial executives can gain greater transparency with enhanced data, the ability to institute control over payments and improve cost management. They can also develop an intelligent payment process and turn spend data into actionable insights with Visa Commercial solutions. Visa streamlines and automates the payment process enabling direct and secure payments to suppliers and allows companies to collect spend data more efficiently. As a global leader in commercial payments, Visa offers flexible payment solutions backed by the reliability, security and scale of Visa’s global acceptance infrastructure.
Booz Allen Hamilton
Booz Allen Hamilton has been at the forefront of strategy and technology consulting for nearly a century. Today, the firm provides services primarily to the US government in defense, intelligence, and civil markets, and to major corporations, institutions, and not-for-profit organizations. Booz Allen offers clients deep functional knowledge spanning strategy and organization, engineering and operations, technology, and analytics—which it combines with specialized expertise in clients’ mission and domain areas to help solve their toughest problems.
Booz Allen is headquartered in McLean, Virginia, employs approximately 25,000 people, and had revenue of $5.86 billion for the 12 months ended March 31, 2012. To learn more, visit www.boozallen.com. (NYSE: BAH)
Bloomberg Government
Bloomberg Government is the single source for professionals who need to understand the business impacts of government actions so they can work quickly, decisively and effectively. This comprehensive, subscription-based, online tool collects best-in-class data, provides high-end analysis and analytic tools, and delivers deep, reliable, timely and unbiased reporting from a team of more than 2,300 journalists and multimedia specialists worldwide.
CFA Society of Washington, D.C.
The CFA Society of Washington, D.C., is the leading association of investment professionals in the Washington, DC metropolitan area. The Society links its members with each other, those interested in joining the profession, and the community through many activities including professional development and networking events. The Society also sponsors local classes to prepare candidates for the Chartered Financial Analyst (CFA) exam, a prerequisite to earning the CFA designation, which is awarded by the CFA Institute and has been attained by most Society members.
Founded in 1953, the Society consists of over 1,700 financial professionals in a variety of positions including portfolio managers, analysts, trust officers, and consultants, as well as pension, endowment and foundation fund executives. Reflecting the diverse nature of the investment professions in the Washington, DC area, members are employed by major corporations, associations, unions, national, state and local government agencies, financial regulators, academic institutions, investment managers, insurance companies, broker/dealers and consultants, among others.
The Department of Small and Local Business Development (DSLBD)
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District’s commercial districts.
Eurekahedge
Eurekahedge is the world’s largest independent data provider and research house focusing on alternative investments. We are headquartered in Singapore and have representative offices in New York and London. We maintain coverage on over 26,000 alternative funds globally. Our global alternative research covers hedge funds, funds of funds, private equity funds, Islamic funds, real estate funds, long-only absolute return funds and enhanced equity funds (130/30) and socially responsible investment funds (SRI).
For more information, please contact us at marketing@eurekahedge.com or +65 6212 0925 (Head Office – Singapore) or visit www.eurekahedge.com. Also, you are able to reach us through our US Office lines at either +1 646-710-4898 or +1 646-710-4899
Fairfax County Chamber of Commerce
The Fairfax County Chamber of Commerce (Fairfax Chamber) is The Voice of Business in Northern Virginia™ advocating at the regional, state and federal levels on behalf of more than 600 businesses representing about 500,000 employees in Northern Virginia. Known as a meaningful connector for businesses engaging B-2-B and B-2-G, the Fairfax Chamber provides access to:
- High level thought leadership;
- Unparalleled business development & networking opportunities;
- Valuable professional development & mentoring;
- Strategic advocacy; and
- Meaningful community partnerships.
Established in 1925, the Fairfax Chamber takes its cue for the business community it represents, providing engagement opportunities in Government Contracting, Women in Business, Economic Issues & Trends, Corporate Social Responsibility, Entrepreneurship, Technology and NOVAForward, an initiative that focuses on Workforce Development, Education, Transportation and other issues critical to moving Northern Virginia forward.
Learn more about the Fairfax Chamber at www.fairfaxchamber.org.
Foreign Affairs
Since its founding in 1922, Foreign Affairs has been the leading forum for serious discussion of international affairs. Experts from across the political spectrum offer timely and incisive analysis on the most crucial issues affecting foreign policy and the global economy. It is published by the Council on Foreign Relations, a non-profit and nonpartisan membership organization dedicated to improving the understanding of U.S. foreign policy and international affairs through the free exchange of ideas. In addition to publishing print and digital versions of the magazine, Foreign Affairs provides daily content on ForeignAffairs.com, hosts a video interview series online, organizes high-level panel events with editors and authors, and engages with readers on robust social media channels. Foreign Affairs is proud to be a media partner at this special Bloomberg LINK event.
Regulatory Compliance Association (RCA)
As an international non-profit, the Regulatory Compliance Association (RCA) supports a community of 72,000 executives from Private Fund and Asset Management firms as well as law and graduate students and governmental authorities.
Annually, over 17,000 executives use RCA curricula to improve their knowledge base to demonstrate superior Practice Readiness™ skill sets their employers can leverage and monetize™. The RCA, though its faculty of Senior Fellows from Practice offers 4 channels of graduate level education and professional development:
1. The Law School and Masters Concentration in Compliance and Regulation
2. Practice Readiness™ Fellowships
3. RCA Symposia
4. The RCA’s Practice Readiness™ Series
The RCA’s Law & Masters Concentration in Compliance and Regulation includes:
- Comprehensive coverage of over 2,295 subjects;
- Academic studies, include 600 hours of lecture and class work;
- Over 6200 pages of textbooks and materials;
- Hand selected Faculty who comprise the expert in their field of discipline of study, including 3 SEC Commissioners, several senior level SEC and NFA officials and a host of the senior partners from the world’s largest Law and CPA firms.
INFORMATION FOR PATICIPANTS:
VENUE LOCATION:
Foreign Affairs
1777 F St NW # 100
Washington, DC 20006
WEBSITE & DIRECTIONS
SPEAKING OPPORTUNITIES:
We are now accepting speaker proposals for this conference program. Please only submit an executive if you have already confirmed their availability to speak on the date of the conference. Please email Mrs. Robin Wood Sailer with the bio of the executive that you would like to suggest as a possible speaker. You may include any relevant information as to the topics and/or session the executive would like to join. Speakers are accepted on a rolling basis.
PRESS QUESTIONS & INQUIRIES:
Please email Ms. Angela Martin with any press related questions. If you are a journalist who would like to attend and cover the summit, please send your full contact details (name / title / company / mobile phone / email) to Angela Martin.
BLOOMBERG RANKINGS: MAJOR CITIES' UNFUNDED OTHER POST-EMPLOYMENT BENEFITS
This ranking shows the per capita allocation of unfunded OPEB liabilities for the 15 largest U.S. cities in 2011 and 2012. OPEB includes pension benefits promised to retirees such as life insurance and health-care premiums. Data are for individual cities' respective fiscal year-ends.DOWNLOAD
BLOOMBERG RANKINGS: CITIES WITH RISING HOME VALUES, DECLINING OWNER COSTS
To create this list, Bloomberg Rankings evaluated cities on their change in median home value and homeowner costs from 2007 to 2011. We isolated the cities with at least 250,000 residents as of 2011 that showed both an increase in value and a decrease in costs. Selected monthly owner costs include mortgages, real estate taxes, insurance, utilities, fuels and fees.DOWNLOAD
2012 BLOOMBERG WASHINGTON SUMMIT: SESSION VIDEOS
TUESDAY, MAY 1, 2012 | WASHINGTON, DCVIDEO | THE STATE OF THE ECONOMY: HEADWINDS & TAILWINDS
VIDEO | GOVERNMENT SPENDING, REVENUES, DEFICITS AND DEBT
VIDEO | THE HOUSING CRISIS: POLICY PLAYS, MORTGAGES & MARKET OPPORTUNITIES
VIDEO | THE DOLLAR
VIDEO | THE STATE OF POLICY, REGULATION & THE FREE MARKETS
VIDEO | SETTING THE ECONOMIC AGENDA
VIDEO | WORD FROM THE FEDERAL RESERVE BANK OF RICHMOND
VIDEO | AN INTERVIEW WITH THE WHITE HOUSE: ON JOBS & THE ECONOMY
VIDEO | LEGACY OF THE FINANCIAL CRISIS & INSURING AGAINST ANOTHER
VIDEO | CREATING JOBS
VIDEO | FUELING ENTREPRENEURSHIP & SHARPENING THE U.S. COMPETITIVE EDGE
VIDEO | RESTORING INVESTOR CONFIDENCE & MOMENTUM
VIDEO | THE CORPORATE TAX DEBATE
VIDEO | WALL STREET, WASHINGTON & THE FUTURE OF BANKING