The Knowledge Congress Has Scheduled a Live Webcast on Mitigating the Impact of Risky Investments (CDOs, Credit Default Swaps, and Others)

Jersey City, NJ, December 18, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webinars, announced today that it has scheduled a live webcast on Mitigating the Impact of Risky Investments (CDOs, Credit Default Swaps, and others): a Practical Guide for Municipalities and other public works companies. This two-hour event is scheduled on Monday, June 29, 2009, at 3:00 PM to 5:00 PM (ET – New York).

Over the last few years, many municipalities were unwittingly sold exotic investments. Targeted by investment advisors, municipalities were persuaded into buying investments which showcased the upside while greatly downplaying the risks. Many of these investments were in fact extremely risky and very fragile. Making matters worse, many of these investment products were purchased with money borrowed from banks a half a world away. With the market turmoil, municipalities are holding investments whose values are highly uncertain.

While there are no quick fixes to this problem, there are ways to mitigate risk and reduce the impact of these bad investments on your portfolio. The Knowledge Congress has assembled a team of key thought leaders to help your municipality minimize the impact of exotic investments.

Speakers/Faculty Panel

Edward J. O'Connell, Partner, Jones Day

Joel S. Telpner, Partner, Mayer Brown LLP

Steve Chamberlin,Manager, Tax Exempt Bond & Compliance Unit,Internal Revenue Services

For updated list of the faculty panel, please visit: http://knowledgecongress.org/event_2008_cdo.html

About The Knowledge Congress

The Knowledge Congress is a series of live webcast produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webinars that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”

###