LBJ School of Public Affairs Hosts Symposium on Wave of CEO Fraud
EVENT: "Corporate Governance and Control Fraud," a policy symposium featuring national experts from diverse perspectives who will engage in a constructive debate on how the nation should deal with the wave of fraud by CEOs. The symposium is free and open to the public.
WHEN: 8:45 a.m. to 5:30 p.m., Monday, April 28, and 9 a.m. to 3:30 p.m., Tuesday, April 29.
WHERE: Thompson Conference Center at The University of Texas at Austin, on the corners of Red River and Dean Keeton streets.
WHO: Organized by LBJ School of Public Affairs professors James K. Galbraith, the Lloyd M. Bentsen Jr. Chair in Government/Business Relations, Robert Auerbach and William K. Black. Participants include William C. Powers, dean, The University of Texas at Austin School of Law and author of the influential "Powers Report" about the collapse of Enron; the Honorable Kenneth E. Bentsen Jr.; Jack Blum, a leading international fraud investigator; and Edwin J. Gray, the nation's top savings and loan regulator during the heart of the 1980s scandals. The conference also features experts in accounting, energy trading, white-collar criminology, ethics, regulation and public policy.
BACKGROUND: The U.S. stock markets have lost $7 trillion in market value. Experts agree that much of that loss is caused by the public's loss of trust in business. The most destructive, but least studied, form of fraud is by those who control corporations. Waves of control fraud occurred during the savings and loan debacle of the 1980s, but their importance was missed. This set the stage for the current wave of CEO frauds. The conference brings together experts from diverse disciplines to discuss how to prevent future waves of control fraud.
View the conference schedule online.
For more information, contact Paula Bickham at (512) 471-7817 or p.bickham@mail.utexas.edu.