New York, NY, December 20, 2009 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that James R. Rieger, Vice President, Fixed Income Indices, Standard & Poor's Indices will speak at The Knowledge Congress’ upcoming webcast entitled: “Practical Solutions to The State Budget Crisis in 2010”. This two-hour event is scheduled on Wednesday, January 13, 2010, at 12:00 PM - 2:00 PM ET. (For further details of the event, please visit: http://www.knowledgecongress.org/event_2010_Budget.html)
As a result of the economic crisis, State Budget Officers are grappling with very tough conditions. Tax revenue is down, unemployment is up, and there’s a commercial real-estate bubble that is just about to burst. In an effort to close budget gaps in excess of hundreds of millions of dollars, many states have taken dramatic actions including issuing IOUs, cutting services, mandating unpaid furloughs, instituting hiring freezes, raising healthcare co-pays, asking for voluntary givebacks, and much more. Many governors have been quoted as saying that nothing is off limits in terms of what can be cut.
This live webcast aims to help State Budget Officers, finance, legal professionals, analysts, economists and industry participants by offering practical guidance in critical areas concerning the budget crisis. During this live two hour webcast, their panel of key thought leaders and experts will conduct an end-to-end discussion on the most critical issues including:
- Comparing and contrasting the various state “Recovery Plans”
- How to make the most of reduced resources
- Fewer staff to share the load
- Less money to fund services
- Making budget cuts in areas with the least possible impact on services
- How to work strategically with local governments
- Accounting considerations
- Policy and legal strategy
- Up-to-the-minute regulatory updates
Upon conclusion of the prepared material, the audience will be invited to participate in a live question and answer session, where they can interact directly with the distinguished panel of experts.
There’s no question about it: 2010 is going to be a challenging year for most, and everyone agrees that the time to act is now. Practical Solutions to The State Budget Crisis in 2010 Live Webcast will help you understand and manage the critical issues surrounding your state’s budget crisis. Join this webcast and the expertise gained will help you become a keys person in your state’s financial recovery efforts. Advanced registration is recommended as space for this course is limited.
About James R. Rieger
James R. Rieger is Vice President, Fixed Income Indices, of Standard & Poor’s Portfolio Services. J.R. is helping to lead Standard & Poor’s new effort to reach beyond traditional equity indices and into other areas of the capital markets by overseeing the creation and management of Standard & Poor’s fixed income indices.
J.R. has been leveraging his 28 years fixed income experience in the creation of a growing family of fixed income indices for Standard & Poor’s. Over the course of the past year, S&P has launched a variety of new fixed income indices including municipal bonds, leveraged loans, commercial paper and sovereign debt. Prior to joining Portfolio Services, J.R. was Vice President, Global Evaluations, of Standard & Poor’s Securities Evaluations Department. A frequent public speaker, J.R. has spoken on various performance benchmarking and attribution topics including distressed debt, structured finance, municipal bonds, credit default swaps, and leveraged loans.
Active in the financial community, J.R. is a member of the Municipal Bond Club of New York, New York Society of Security Analysts, Municipal Analysts Group of New York, National Federation of Municipal Analysts.
J.R. holds a B.S. from Widener University and an MBA from Adelphi University.
About Standard & Poor's
With offices in 23 countries and a history that dates back nearly 150 years, Standard & Poor’s is known to investors worldwide as a leader of financial-market intelligence.
Today Standard & Poor’s strives to provide investors who want to make better informed investment decisions with market intelligence in the form of credit ratings, indices, investment research and risk evaluations and solutions.
For more information on James R. Rieger, and Standard & Poor's Indices, please visit: www.fixedincomeindices.standardandpoors.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts 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 webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register to an event, please visit: www.knowledgecongress.org