Media Advisory

Expert Panel Discusses Subprime Mortgage Meltdown and the Global Financial Crisis

NEW YORK, NY (04/14/2008)(readMedia)-- Superintendent of Banks Richard H. Neiman is part of a panel of financial, legal and regulatory experts that will gather at Fordham University to discuss the causes and consequences of the current turmoil in the subprime mortgage and global financial markets.

The event, Fordham Corporate Law Center’s Eighth Annual Albert A. DeStefano Lecture, is free and open to the public.

Who: The panel includes: Steven M. Cohen, counselor and chief of staff, Office of the New York State Attorney General; Harvey R. Miller, partner, Weil, Gotshal & Manges LLP; Gretchen Morgenson, columnist and financial reporter, The New York Times; Giovanni P. Prezioso, partner, Cleary Gottlieb Steen & Hamilton LLP; Muriel Siebert, founder, chairwoman and CEO of Muriel Siebert & Co. Inc.

Stuart J. Kaswell, a partner in the Financial Services Group at Dechert LLP, will serve as moderator.

When: Tuesday, April 15, 2008 at 6 p.m.

Where: Fordham Law School McNally Amphitheatre, 140 W. 62nd St. (btwn. Columbus and Amsterdam), New York, New York 10023

Contact: Glorimar Perez-Gonzalez at 212-709-1691 (New York State Banking Department) or Ann Rakoff at 212-636-7985 (Fordham Law School)

More: The New York State Banking Department is the regulator for all state-chartered banking institutions, virtually all of the United States offices of international banking institutions, all of the State’s mortgage brokers, mortgage bankers, check cashers, money transmitters and budget planners. The aggregate assets of the depository institutions supervised by the Banking Department are more than $1.8 trillion.

In addition to regulating banking institutions, the Banking Department is active in informing and educating all New Yorkers on banking matters. To contact the Banking Department, please call 1-877-BANK-NYS or visit our Web site at www.banking.state.ny.us.

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