Global Conference 2011

Program

Saturday, April 30, 2011

Sat 4/30
6:00 pm - 9:30 pm

Global Gourmet Games Reception and Dinner
By invitation only

Master of ceremonies Mike Milken hosts an unforgettable evening of cross-cultural cuisine that will test your discerning palate. The Global Gourmet Games is a unique evening that combines exceptional wine, food, conversation - and friendly competition. Tables compete as teams, winning points based on contests that include white and red wines, various food categories, and a food and wine quiz that will enlighten as well as entertain. All proceeds benefit the Prostate Cancer Foundation, the world's leading philanthropic funder of prostate cancer research, and FasterCures, the Milken Institute's Center for Accelerating Medical Solutions, a catalyst for improving the medical research system to meet patients' needs. For more information, including details on purchasing tickets or tables, visit www.globalgourmetgames.org.

Sunday, May 1, 2011

Sun 5/1
3:00 pm - 8:00 pm

Registration

Sun 5/1
5:00 pm - 7:00 pm

Global Conference Welcome Reception
The Pavilion

Monday, May 2, 2011

Mon 5/2
6:00 am - 8:30 am

Continental Breakfast
Beverly Hills Foyer and Executive Center

Mon 5/2
6:00 am - 7:30 pm

Registration

Mon 5/2
6:30 am - 7:45 am

Center for Financial Market Understanding Private Meeting
By invitation only

Moderator

Bradley Belt

Senior Managing Director, Milken Institute

Mon 5/2
6:30 am - 7:45 am

FasterCures Private Meeting
By invitation only

Fifteen years and $1.3 billion. That's how long it takes and how much it costs to develop ONE medical solution. Medical research in our country has become mired in a "Valley of Death." That has to change - and that's where FasterCures comes in. FasterCures, the Milken Institute's Center for Accelerating Medical Solutions, is speeding up the time it takes to get important new medicines from discovery to patients - ultimately saving lives. We'll all be patients at some point. So we have to act now and act wisely - because patients are dying every day waiting for treatments and cures. Join us and learn what you can do to make a difference.

Moderator

Margaret Anderson

Executive Director, FasterCures / The Center for Accelerating Medical Solutions

Speakers

Jeffrey Kindler

Former CEO and Chairman, Pfizer

Andrew von Eschenbach

President, Samaritan Health Initiatives; former Commissioner, U.S. Food and Drug Administration

Mon 5/2
6:30 am - 7:45 am

Monday Morning Meditation With Radhanath Swami

Are we realizing our full potential? Drawing on wisdom gleaned from his own transformative journey and studies with some of the world's most insightful spiritual teachers, Radhanath Swami will guide participants through simple yet profound exercises. Start the day with a powerful and experiential reminder that a centered inner life is key to making more thoughtful, sustainable decisions - today and every day.

Speaker

Radhanath Swami

Author, "The Journey Home: Autobiography of an American Swami"

Mon 5/2
8:00 am - 9:15 am

The Promise of Medical Science

When it comes to medicine, what was once science fiction is now becoming science. We've moved from mapping the human genome to creating the first synthetic cell. Scientists are developing artificial ovaries that could one day nurture immature human eggs outside the body. Experts in regenerative medicine are printing layers of cells on inkjet printers to construct human organs. The field of nanotechnology is fundamentally changing disease by bringing diagnosis and treatment to the molecular level. And great progress is being made in eradicating diseases that exist in the developing world but have been eliminated in the West. What else is on the horizon for medical science? Will personalized medicine, which rejects one-size-fits-all treatments, fulfill its promise to tailor medical treatments to individuals? Will getting your personal genome reading be as routine as checking your blood pressure? What game-changing drugs for treating cancer, hepatitis and multiple sclerosis seem poised for discovery?

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

Elizabeth Blackburn

Nobel Laureate, 2009; Morris Herzstein Professor of Biology and Physiology, Department of Biochemistry and Biophysics, UCSF

Susan Desmond-Hellmann

Chancellor and Arthur and Toni Rembe Rock Distinguished Professor, UCSF

Sean Harper

Global Development and Corporate Chief Medical Officer, Amgen

James Watson

Nobel Laureate, 1962; Chancellor Emeritus, Cold Spring Harbor Laboratory

Mon 5/2
8:00 am - 9:15 am

The Shape of Things to Come: Understanding the New Global Economy

The cataclysm is behind us - but the view looks dramatically different from the other side. Global Conference 2011 kicks off by bringing the outlines of the new global economy into sharper focus. Emerging economies are flexing their muscle and attracting vast flows of capital, while the developing world begins to seem like a lumbering giant. What are the economic relationships, trade flows and demographic trends that will define the future? How will global institutions manage the world's web of interconnection and risk? How permanent are these changes? Who are the players to watch?

Moderator

Jared Carney

Executive Director, Program Development and Marketing, Milken Institute

Speakers

Mohamed El-Erian

CEO and Co-Chief Investment Officer, PIMCO

Scott Minerd

Chief Investment Officer, Guggenheim

Laura Tyson

S. K. and Angela Chan Chair in Global Management, Haas School of Business, University of California, Berkeley; former Chairman, National Economic Council

Ruben Vardanian

Chairman and CEO, Troika Dialog

Mon 5/2
9:30 am - 10:45 am

Emerging Markets: Can the New Engines of Growth Become Global Financiers?

Emerging countries used to be known for volatile equity markets, debt defaults and periodic balance-of-payments crises. But in every geographic region, these nations now seem to be firmly on the path to sustained economic growth and have accumulated sizable financial surpluses. Today it's the United States and Western Europe that seem unsure of how to regain their footing after the financial crisis of 2008. Are Western nations ready to accept the epic change and allow developing nations their time in the limelight? Are measures such as QE2 simply attempts to improve American competitiveness despite EM protests? Will inflation be the headwind that will derail EM progress? With banks in the developed world still recuperating, are EM financial institutions ready to provide the funds necessary to grow domestic demand?

Moderator

Komal Sri-Kumar

Senior Fellow, Milken Institute; Group Managing Director and Chief Global Strategist, TCW Group Inc.

Speakers

Filippo Cipriani

Partner Trader, Brevan Howard Asset Management LLP

Peter Dattels

Assistant Director, Global Markets Analysis, Monetary and Capital Markets Department, International Monetary Fund

Nathan Sandler

Co-Founder and Managing Partner, ICE Canyon LLC

Laura Tyson

S. K. and Angela Chan Chair in Global Management, Haas School of Business, University of California, Berkeley; former Chairman, National Economic Council

Ruben Vardanian

Chairman and CEO, Troika Dialog

Mon 5/2
9:30 am - 10:45 am

K-12 Education Reform: Ensuring American Students Remain Competitive

The American people and the politicians finally seem to have reached a consensus: Children in our K-12 public schools deserve and must have better. Everyone - superintendents, administrators, teachers, principals, union officials and elected legislators - is on the hot seat, expected to start delivering results. Proposed solutions abound, from President Obama and Secretary of Education Arne Duncan to school superintendents, business executives, labor leaders, and nonprofit foundations and think tanks. But are we headed in the right direction? Are our education and political leaders ready to meet world standards? Can there be consensus and collaboration on reaching shared goals?

Moderator

Lowell Milken

Co-Founder, Knowledge Universe Education; Founder, TAP: The System for Teacher and Student Advancement

Speakers

Craig Barrett

Retired Chairman/CEO, Intel Corp.

Eli Broad

Founder, The Broad Foundations; Founder, KB Home and SunAmerica

Jeb Bush

President, Jeb Bush and Associates LLC; former Governor, State of Florida

Allan Golston

President, United States Program, Bill & Melinda Gates Foundation

Randi Weingarten

President, American Federation of Teachers

Mon 5/2
9:30 am - 10:45 am

Slowing Climate Change: Plan B

Economists across the political spectrum have long argued that the least costly, least intrusive way to contain greenhouse gases is to charge emitters for the privilege and let the market decide how to cut back. But market-friendly fixes have been rejected by the rapidly growing economies of the developing world and are off the political agenda in the United States. This panel will weigh the prospects for non-market initiatives to contain emissions - everything from subsidizing new emissions-sparing technologies to mandating the use of renewable energy and efficient-efficient vehicles. It will also debate the practicality of an entirely different approach to combating global warming: technology for deflecting solar energy before it heats the atmosphere, thereby offsetting the impact of growing concentrations of greenhouse gases.

Moderator

Peter Passell

Senior Fellow, Milken Institute; Editor, The Milken Institute Review

Speakers

Linda Cohen

Professor of Economics and Law, and Associate Dean for Research and Graduate Studies, School of Social Sciences, University of California, Irvine

Jae Edmonds

Laboratory Fellow and Chief Scientist, Pacific Northwest National Laboratory

Robert Hahn

Professor of Economics, Sustainable Consumption Institute, University of Manchester

Bjorn Lomborg

Adjunct Professor, Copenhagen Business School; Author, "Cool It: The Skeptical Environmentalist's Guide to Global Warming"

Mon 5/2
9:30 am - 10:45 am

The Aerospace Industry: The Last Great American Manufacturing Export?

The U.S. auto industry once dominated America's manufacturing machine. So it was ironic that when the CEOs of the big three automakers testified before Congress in 2008, the media focused on their arrival in Washington via business aircraft. Left out of that story was the fact that the business aircraft industry accounts for more than 1.2 million jobs. It's part of a broader U.S. aerospace industry that has quietly become one of the country's bright spots for exports. In fact, much of its growth can be attributed to exports, as American brands are the planes of choice around the world. The industry is now responsible for more than 10 percent of U.S. manufacturing's annual exports. This panel brings together executives from several leading U.S. aerospace companies to discuss how America has maintained its position as the world's aviation supplier and whether it will remain on top.

Moderator

Kevin Klowden

Managing Economist and Director, California Center, Milken Institute

Speakers

Dale Carlson

Executive for Advanced Engine Systems, GE Aviation

David Coleal

Vice President and General Manager, Learjet

Larry Flynn

Senior Vice President, Marketing and Sales, Gulfstream

Richard Wynne

Director of Environment and Aviation Policy, Boeing Commercial Airplanes

Mon 5/2
9:30 am - 10:45 am

The New Era of Shareholder Activism

A paradigm shift is under way, giving large institutional stockholders significant influence in corporate America. This panel consists of representatives of some large and influential pools of capital discussing their approaches. The days of uninvolved directors, lack of transparency, staggered boards and limited accountability are fading as these stockholders face off directly with managements and boards and insist on playing a more active role in monitoring their investments. A new breed of active minority shareholders has arisen to drive value creation. Some are focusing attention within their own organizations, using their large direct shareholdings in public companies to influence management and board composition, executive compensation policies and matters like environmental and social stewardship. Some are taking the charge to Washington, working to change the regulatory framework and the rules relating to broker voting, proxy access and other aspects of corporate governance. Others are identifying and backing external managers with the experience and mandate to serve as lead stockholders, driving value creation for all stockholders.

Moderator

Clifton Robbins

Founder and CEO, Blue Harbour Group

Speakers

Janet Cowell

Treasurer, State of North Carolina

Joseph Dear

Chief Investment Officer, California Public Employees' Retirement System (CalPERS)

Robert Grady

Chairman, New Jersey State Investment Council

William Royan

Vice President, Relationship Investing, Ontario Teachers' Pension Plan

Anne Sheehan

Director of Corporate Governance, CalSTRS

Mon 5/2
9:30 am - 10:45 am

The Worldwide Race for Human Capital

Innovation, creativity and the ability to collaborate across great distances will be the cornerstones of future growth. In a world that's powered by increasingly sophisticated technology, it's all about developing and attracting skilled human capital. While the United States has fallen behind in science and math proficiency, other nations are racing to build their capabilities. How are companies tapping into the new global talent pool? How are management and training paradigms changing? Which skills will be in greatest demand in the future? This panel will examine the mobility of talent, future human capital requirements and how to train people to succeed.

Moderator

Joel Kurtzman

Senior Fellow; Executive Director, Center for a Sustainable Energy Future, Milken Institute

Speakers

Gary Burnison

CEO, Korn/Ferry International

Stedman Graham

Chairman and CEO, S. Graham & Associates

Chaly Mah

CEO, Deloitte Asia Pacific

Vineet Nayar

Vice Chairman and CEO, HCL Technologies

Kodumudi (Radha) Radhakrishnan

Executive Advisor, Digital Intelligence Systems Corp.; former Vice President, Information Technology Operations, Boeing Co.

Mon 5/2
9:30 am - 10:45 am

Thinking Globally With Nouriel Roubini

The New York Times Magazine once dubbed him "the seer who saw it coming." Having successfully predicted the housing collapse when everyone else was happy to ride the wave, Nouriel Roubini is now one of the world's most renowned economists, eagerly sought out for his expertise and insights. In this wide-ranging session, he'll cover a host of topics, including surging food and energy costs; when central banks will raise rates; and fiscal woes in the U.S. and Europe. And above all, where is the next asset bubble, and how much systemic risk still lurks in the global financial system?

Interviewer

Tom Keene

Editor-at-Large, Bloomberg News; Host, "Surveillance Midday," Bloomberg TV

Speaker

Nouriel Roubini

Chairman and Co-Founder, Roubini Global Economics; Professor of Economics and International Business, Stern School of Business, New York University

Mon 5/2
9:30 am - 10:45 am

VC Views: What's Next in High Tech?

Venture capitalists seem to be emerging from their shells after a long retreat. Deal volume and size improved late in 2010. Many of the deals were in the later rounds, trying to get firms to the next benchmark. But how has the industry changed in the wake of the Great Recession? Are VCs only investing in later rounds, or are they starting to nibble at more early-stage firms? Is American-style VC and private-equity investing being adopted more widely around the world? How truly global are U.S. VCs becoming, and do they need to put deals together with greater international composition? Which geographies look most appealing? Which investing area is hotter: social or science? Is there too much fixation on finding the next Facebook or Twitter? With energy prices rising again, are alternative energy plays and green technologies looking more attractive? Are there better prospects for biotech investing in regenerative medicine and medical technologies? A group of experienced venture capitalists will share insights and predictions.

Moderator

Alec Ellison

Vice Chairman and Chairman of Technology Investment Banking, Jefferies & Co. Inc.

Speakers

Noubar Afeyan

Managing Partner and CEO, Flagship Ventures

William Draper III

General Partner, Draper Richards LP

Terry Matthews

Chairman, Wesley Clover; Chairman, Mitel

Geoff Yang

Founding Partner, Redpoint Ventures

Mon 5/2
9:30 am - 10:45 am

Wall Street, Main Street and the Beltway: Forging a Better Relationship

The Great Recession represented a nadir in the relationship between the private sector and Washington policymakers. Civil discourse gave way to name-calling, finger-pointing and the blame game. But more recently, there appears to be a new spirit of cooperation, as key business leaders and government officials have joined hands to discuss issues of common interest rather than focusing on differences in their respective points of view. Is the new civility for real, or is it simply political expediency? Can the business community and Washington forge a real partnership? What is needed to make it last?

Moderator

Bradley Belt

Senior Managing Director, Milken Institute

Speakers

John Engler

President, Business Roundtable

Orrin Hatch

U.S. Senator; Ranking Member, Senate Committee on Finance

Wilbur Ross Jr.

Chairman and CEO, WL Ross & Co. LLC; Chairman, Invesco Private Capital

Robert Wolf

Chairman, UBS Americas; President, UBS Investment Bank

Mon 5/2
10:00 am - 10:30 am

Book Signing
Dr. Arthur Agatston, The South Beach Diet Supercharged and The South Beach Heart Health Revolution

Speaker

Arthur Agatston

Preventive Cardiologist and Associate Professor of Medicine, University of Miami Miller School of Medicine; Author, "The South Beach Diet"

Mon 5/2
10:30 am - 11:00 am

Book Signing
Peter Guber, Tell to Win: Connect, Persuade and Triumph with the Hidden Power of Story

Speaker

Peter Guber

Chairman and CEO, Mandalay Sports Entertainment; Owner and Co-Executive Chairman, Golden State Warriors

Mon 5/2
11:00 am - 11:30 am

Book Signing
Nouriel Roubini, Crisis Economics: A Crash Course in the Future of Finance

Speaker

Nouriel Roubini

Chairman and Co-Founder, Roubini Global Economics; Professor of Economics and International Business, Stern School of Business, New York University

Mon 5/2
11:00 am - 12:15 pm

Financial Regulatory Reform: How Does It Help, How Does It Hurt?

The Dodd-Frank bill was designed to be a sweeping overhaul of the U.S. regulatory system. But it punted on some key points, most notably the fate of GSEs. With most major pieces of reform legislation, the devil is in the details - and Dodd-Frank left many of the details to be filled in by regulators after the fact. How long will it take for hundreds of new rules to be unveiled and implemented? Have we managed to rein in systemic risk? Is "too big to fail" truly solved? How will the new laws affect commercial banks' global competitiveness? How effective will the new Consumer Financial Protection Bureau be? This panel brings experts, regulators and practitioners to the table to discuss these issues.

Moderator

Alan Schwartz

Executive Chairman, Guggenheim

Speakers

Kenneth Griffin

Founder and CEO, Citadel

Raymond McDaniel Jr.

Chairman and CEO, Moody's Corp.

Jim Millstein

Chairman, Millstein & Co. LLC; former Chief Restructuring Officer, U.S. Treasury Department

Thomas Wilson

Chairman, President and CEO, Allstate; Deputy Chairman, Federal Reserve Bank of Chicago

Mon 5/2
11:00 am - 12:15 pm

For-Profit Online Education: Can It Fulfill Its Promise?

Teachers and professors are increasingly using technology in their classrooms. Yet many would argue that the education industry, unlike others, has not reaped the benefits of a true high-tech revolution. Education is a widely watched sector that has provided investors strong opportunities for over two decades, and online learning has offered the tantalizing promise of dramatically expanding access to education in the U.S. and internationally. Yet concerns and obstacles remain. Can for-profit companies demonstrate reliable student performance? Can quality programs be made available on an international scale to people and nations where education opportunities are urgently needed? Are U.S. students graduating with so much debt they are unable to pay it off? And conversely, will the government regulations under development in the U.S. strangle the business opportunity? Industry leaders will examine the opportunities and challenges of the for-profit education sector.

Moderator

Adam Nordin

Managing Director, Barclays Capital

Speakers

Gregory Cappelli

Co-CEO, Apollo Group Inc.

Ronald Packard

Chairman and Founder, K12 Inc.

Robert Silberman

Chairman and CEO, Strayer Education Inc.

Yufeng Xia

Founder and CEO, Rise China

Mon 5/2
11:00 am - 12:15 pm

Information Liberation: How Data-Sharing Drives Medical Innovation

The Human Genome Project demonstrated that data can be made immediately available to the public, benefitting scientific knowledge and innovation. Yet we know that commercialization of new treatments will not happen without appropriate protection of intellectual property. How can the field of biomedicine better balance data availability, information exchange and IP arrangements among academics, researchers, and the public and private sectors? Are there models of pre-competitive sharing from other fields of R&D that are relevant to medical research?

Moderator

John Dwyer

Chairman, Telcare

Speakers

Anna Barker

Consultant, Transformative Healthcare Initiatives; former Deputy Director, National Cancer Institute

Eslie Dennis

Executive Director, Predictive Safety Testing Consortium, and Executive Director Polycystic Kidney Disease Consortium, The Critical Path Institute

Garry Neil

Corporate Vice President, Corporate Office of Science and Technology, Johnson & Johnson

Mon 5/2
11:00 am - 12:15 pm

Investing in Intangibles

The old economy revolved around assets that could be seen or touched: machines, equipment, vehicles and buildings. But the new global economy is increasingly driven by intangible assets such as ideas, content, patents and powerful brands. Indeed, in a knowledge economy, intellectual property is infrastructure. Yet most investors don't perceive intangible assets as an investable asset class. This panel will explore their value, covering different intangible and intellectual property sectors as well as the opportunities and risks in this huge arena.

Moderator

Brett Hellerman

CEO, Wood Creek Capital Management LLC

Speakers

Shraga Biran

Founder, Institute for Structural Reforms

David Canuel

Managing Director, Quantitative Management Group, Babson Capital Management LLC

Abha Divine

Managing Director and Co-Founder, Techquity Capital Management LLC

Stephen Smith

Chairman and Managing Member, Anthem Funds

Mon 5/2
11:00 am - 12:15 pm

Natural Gas and America's Energy Future

Because there are such abundant reserves, natural gas prices have been mired in the doldrums, sitting out the latest boom in commodities. But are investors' fortunes about to change? Moving toward natural gas seems to be a no-brainer, since coal plants contribute to global warming, and recent world events have underlined the safety risks and supply vulnerabilities of oil and nuclear energy. With the global demand for energy expected to grow by double digits in coming decades, analysts are anticipating a new boom in gas consumption. But extraction from shale is not without its own environmental issues. Can these be resolved so that public support for natural gas extraction remains strong? Where are the most ambitious development projects taking shape around the world? What are the investment risks? Will currently depressed prices slow the industry's expansion? This panel will clarify what lies ahead for natural gas.

Moderator

Harold Wright

Senior Vice President and Chief Technology Officer, Rentech Inc.

Speakers

James Ivey

President and CEO, Milagro Exploration

Andrew Littlefair

President and CEO, Clean Energy

Tom Price

Senior Vice President, Corporate Development, Chesapeake Energy Corp.

Joanne Spalding

Managing Attorney, Sierra Club

Mon 5/2
11:00 am - 12:15 pm

Opportunity Focus: Emerging Market Currencies and Local Interest Rates
By invitation only

Not only are low interest rates lingering in the U.S. and Europe, but many observers also expect long-term weakness in the dollar and the euro. These factors are leading fixed-income investors to look to emerging markets for more attractive interest rates and a way to play these global currency trends. Led by a veteran trader who specializes in this growing and liquid asset class, this discussion will outline the potential and the risks of investing in these local bond markets and related alternatives, and will consider which emerging markets look most promising.

Speaker

Filippo Cipriani

Partner Trader, Brevan Howard Asset Management LLP

Mon 5/2
11:00 am - 12:15 pm

The Chinese Real Estate Market: A Conversation With Ronnie Chan

The incredible real estate boom in China's major cities continues unabated. Worried about overheating, the Chinese government has attempted to deflate what many observers fear is a massive speculative bubble. But its moves to tighten credit have had little effect, and property markets like Beijing, Shanghai and Guangzhou have soared to even greater heights. Ronnie Chan, one of Asia's most influential real estate developers, will join us for a candid one-on-one session about the factors driving this frenzy. As chairman of Hang Lung Properties, he is investing heavily in several mainland cities, betting big on malls that cater to the Chinese consumer's insatiable demand for luxury goods. Chan will share his views on what to expect in China's commercial and residential markets.

Interviewer

Perry Wong

Senior Fellow, Milken Institute; Senior Vice President and Senior Economist, Economic Strategy, City National Bank

Speaker

Ronnie C. Chan

Chairman, Hang Lung Properties Ltd.

Mon 5/2
11:00 am - 12:00 pm

The Commodities Boom

Across the board, commodity prices are soaring. Part of the recent run-up is event-driven: Political upheaval in Libya has sent oil prices skyrocketing, while violence in the Ivory Coast recently tightened the world's supply of coffee and cocoa. Flooding and drought around the world last year caused major crop failures and shortages. But for much of the past year, we've seen extraordinary price hikes in gold, copper, minerals, wheat, corn, cotton and more. How much of this trend is a temporary spike, and how much is caused by fundamental demand growth in emerging markets like China and India? Is the world now in a permanent race to grab precious commodities? How should investors approach this sector? And how will today's commodity shocks affect a fragile recovery?

Moderator

Kai Ryssdal

Host, "Marketplace," American Public Media

Speakers

Richard Evans

Chairman, AbitibiBowater

Lourenco Goncalves

Chairman, President and CEO, Metals USA

Joshua Harris

Senior Managing Director, Apollo Global Management LLC; Managing Partner and Co-Founder, Apollo Management LP

Richard Sandor

Chairman and CEO, Environmental Financial Products; Senior Fellow, Milken Institute

Layle (Kip) Smith

President and CEO, Noranda Aluminum

Mon 5/2
11:00 am - 12:15 pm

The Consequences of the First Brain Drain in U.S. History

The U.S. has long benefited from immigration policies that entice the world's best and brightest to arrive, learn and stay in America. The consequent creative and productive strengths have contributed significantly to the nation's global leadership in countless fields, especially high-tech innovation. But now, for the first time in history, talent appears to be migrating the other way. Not only are foreign nationals returning home after getting a top-flight education in American graduate schools, but U.S. policy now actually encourages them to take their diplomas and leave. And why shouldn't they? China, India, Chile, Singapore and other nations actively recruit talent - including native U.S. talent - with attractive, career-advancing jobs and abundant research funding. How can America retain valuable human capital? Is high-skill immigration policy reform sufficient? How might it differ from low-skill immigration policy reform? Can more robust STEM (science, technology, engineering and math) curricula in U.S. schools take effect in time to compensate? Expect a lively debate among leaders from public, private and academic sectors with real stakes in this historic development.

Moderator

Vivek Wadhwa

Director of Research, Center for Entrepreneurship and Research Commercialization, Duke University; Distinguished Visiting Scholar, Halle Institute of Global Learning, Emory University

Speakers

Craig Barrett

Retired Chairman/CEO, Intel Corp.

Jeff Clavier

Managing Partner, SoftTech VC

Judy Olian

Dean and John E. Anderson Chair in Management, UCLA Anderson School of Management

Hal Salzman

Professor of Public Policy, E.J. Bloustein School of Planning and Public Policy, and J.J. Heldrich Center for Workforce Development, Rutgers University

Nicolas Shea

Senior Advisor of Innovation & Entrepreneurship, Chilean Ministry of Economy

Mon 5/2
11:00 am - 12:15 pm

The Keys to Longevity

Suddenly there are people living longer than ever before in human history. How can you improve your own odds of making it to age 100? And more important, how can you ensure that you'll enjoy a good quality of life along the way? Can a Mediterranean diet and mental exercises keep your mind sharp in your later years? Is calorie restriction the key? What's the future price to pay for leading a high-stress, high-pressure lifestyle today? This panel will examine the latest research on scientific and medical advances in aging - and outline the proactive steps you can take in your own life.

Moderator

Howard Soule

Senior Fellow, Milken Institute; Executive Vice President and Chief Science Officer, Prostate Cancer Foundation

Speakers

Arthur Agatston

Preventive Cardiologist and Associate Professor of Medicine, University of Miami Miller School of Medicine; Author, "The South Beach Diet"

David Kirchhoff

President and CEO, Weight Watchers International Inc.

Mon 5/2
11:30 am - 12:00 pm

Book Signing
Vineet Nayar, Employees First, Customers Second: Turning Conventional Management Upside Down

Speaker

Vineet Nayar

Vice Chairman and CEO, HCL Technologies

Mon 5/2
12:15 pm - 2:00 pm

Lunch Panel
Global Overview: Uncertainty Is the Only Certainty

The markets are up, and balance sheets are looking stronger. Emerging markets are posting sizzling growth rates, while the United States is finally generating jobs again after a long lull. The global economy has clearly rebounded, though the recovery is uneven. But there are lots of wild cards in the deck: the devastation in Japan, Europe's lingering sovereign debt crises, unrest in the Middle East, skyrocketing commodity prices and unexpected events like last year's "flash crash." After two years of strong gains, do stocks have more room to run? Will the vast pools of capital sitting on the sidelines finally be deployed to spur hiring? What's the outlook for inflation and interest rate hikes? Where are the best global opportunities in the year ahead? Where should investors exercise caution?

Moderator

Paul Gigot

Editorial Page Editor and Vice President, The Wall Street Journal

Speakers

Eike Batista

Chairman and CEO, EBX Group

Jeffrey Immelt

Chairman and CEO, General Electric

Nouriel Roubini

Chairman and Co-Founder, Roubini Global Economics; Professor of Economics and International Business, Stern School of Business, New York University

David Rubenstein

Co-Founder and Managing Director, The Carlyle Group

Mon 5/2
12:30 pm - 2:15 pm

Private Lunch and Program
Meeting the Challenges of Education in America
By invitation only

Lowell Milken, founder of TAP: The System for Teacher and Student Advancement, will lead a spirited conversation with education leaders about their challenges and successes in providing sustained and meaningful improvement in student performance and teacher effectiveness in an environment of diverse student populations and constrained economic conditions. Business, education and philanthropic leaders are welcomed to respond by providing input on how they can help find solutions to the challenges facing American K-12 education.

Moderator

Lowell Milken

Co-Founder, Knowledge Universe Education; Founder, TAP: The System for Teacher and Student Advancement

Speakers

Dwight Jones

Superintendent, Clark County School District

Barry Munitz

Trustee Professor, California State University, Los Angeles; Chair, Sierra Nevada College Board of Trustees

Alvin Wilbanks

CEO and Superintendent, Gwinnett County Public Schools

Mon 5/2
2:30 pm - 3:40 pm

A Conversation With Eike Batista and Mike Milken

No one ever accused Eike Batista of failing to think big. Already the wealthiest man in Brazil, he has served notice that he intends to become the richest man in the world. Batista got his start by following the gold rush into the Amazon, where his mining operations led to Indiana Jones-style adventures deep in the jungle. Today his self-made fortune spans shipping, mining, power plants, logistics and - above all - vast oil and gas holdings. Don't miss the chance to hear from two of the most influential figures in the world of business as Batista sits down with Institute chairman Mike Milken for a wide-ranging conversation about Brazil's remarkable rise, the changing balance of power in the global economy and where to find the most exciting growth opportunities in the years ahead. Among other topics, they will touch on Batista's "360-degree" approach to business, global energy markets and the game-changing trade relationship between Brazil and China.

Interviewer

Michael Milken

Chairman, Milken Institute

Speaker

Eike Batista

Chairman and CEO, EBX Group

Mon 5/2
2:30 pm - 3:40 pm

Energy Security

Here we go again . . . unrest erupts in the Middle East and the insecurity of our energy supply is laid bare. The U.S. military continues to be spread thin by the task of protecting global energy supply lines. And political upheaval in petroleum-exporting countries is not the only wild card: The Deepwater Horizon spill underlined the risks of offshore drilling, while the antiquated electrical grid continues to leave parts of the U.S. vulnerable to blackouts. The crisis in Japan may have dashed prospects for nuclear energy assuming a greater role in the nation's energy portfolio. This panel will explore solutions for delivering a safer and more secure flow of energy that can reliably power America's economy.

Moderator

Ralph Eads

Chairman, Energy Investment Banking, Jefferies & Co. Inc.

Speakers

Gary Doer

Ambassador of Canada to the United States

T. Boone Pickens

Entrepreneur and Philanthropist; Founder, BP Capital

Michael K. Wirth

Executive Vice President, Downstream & Chemicals, Chevron Corp.

R. James Woolsey

Chairman, Woolsey Partners; Of Counsel, Goodwin Procter LLP; former Director, Central Intelligence Agency

Mon 5/2
2:30 pm - 3:40 pm

Financing Global Infrastructure

Many governments around the world launched stimulus packages to spur economic recovery, and infrastructure projects - such as the building of rail networks, roads and power grids - were typically the centerpiece. In China, the Ministry of Transportation doubled its outstanding debt in three years; most proceeds from debt issuance went to high-speed rail projects as part of the economic stimulus package. In Brazil, public-private partnerships have been established to finance infrastructure projects. The Indian government has a $1 trillion infrastructure program that needs funding to succeed. But emerging economies are not the only ones facing funding challenges. With rising government debt, the United States also needs to find a way to leverage capital to fix its aging infrastructure. What role can the public and corporate bond markets, private equity firms and international development agencies play in funding infrastructure projects? What financial instruments can effectively attract private capital to form a successful public-private partnership? Can financial innovations help to bridge the funding gap?

Moderator

Adebayo Ogunlesi

Chairman and Managing Partner, Global Infrastructure Partners

Speakers

Jan Boyer

Private Equity Investor

Stan Hazelroth

Executive Director, California Infrastructure and Economic Development Bank

Christopher Leslie

CEO, Macquarie Infrastructure Partners Inc.

Peter Rigby

Senior Director, Standard & Poor's

Mon 5/2
2:30 pm - 3:40 pm

Mighty Molecules: Financing Industrial Biotech for a Greener Future

Imagine a world where plastics don't linger in landfills for centuries. In the not-so-distant future, the everyday products we use - from soda bottles and cosmetics to laundry detergent and car parts - will be biodegradable. And the kicker? Instead of being manufactured from petroleum, these new products will use plants as a feedstock. Bioplastics, the next wave in the effort to decrease dependence on oil, can make all of this possible. But industrial biotech companies still face significant challenges in commercialization. The demand for start-up capital is high, and competition from low-cost, petroleum-based products is fierce. Building on a Financial Innovations Lab convened by the Milken Institute and the USDA, this roundtable will explore potential collaborations between the public and private sectors to provide the financing needed to usher in the brave new world of industrial biotech products.

Moderator

Rina Singh

Director, Policy, Industrial and Environmental Section, Biotechnology Industry Organization (BIO)

Speakers

Frances Arnold

Dick and Barbara Dickinson Professor of Chemical Engineering and Biochemistry, California Institute of Technology

Bobby Bringi

President and CEO, MBI International

Stephen Mullennix

Managing Director, US Renewables Group

Rocco Papalia

Senior Vice President, Advanced Research and Beverage Packaging Innovation & Equipment Development, PepsiCo

Corinne Young

CEO, Corinne Young LLC

Mon 5/2
2:30 pm - 3:40 pm

Purpose and Partners: Yielding Return on Medical Research Investments

There is a growing "Valley of Death" in funding for the development of new disease treatments. Investment is needed to turn promising discoveries into products. But fiscal realities are causing government, researchers, industry and venture capital funders of medical research to become increasingly conservative and risk-averse in their approaches to R&D and deal-making, despite the fact that the threat to pharmaceutical companies' pipelines has never been greater. The need for new financing models and return on medical research investment is acute. This panel will highlight some alternative and novel mechanisms for identifying and funding high-impact research that can deliver medical solutions to patients.

Moderator

Margaret Anderson

Executive Director, FasterCures / The Center for Accelerating Medical Solutions

Speakers

Ali Andalibi

Head, Therapeutics and Diagnostics Section, SBIR Development Center, National Cancer Institute

Catherine Arnold

Managing Director and Global Head of Biopharmaceutical Equity Research, Credit Suisse

Christopher Elias

President and CEO, PATH

Stephen Seiler

CEO, AesRx LLC

Daniel Wattendorf

Lt. Colonel, USAF MC; Program Manager, Defense Advanced Research Projects Agency (DARPA), Defense Sciences Office

Mon 5/2
2:30 pm - 3:40 pm

Recovery in Real Estate

Their level of optimism may vary, but many observers believe that the recovery has arrived for commercial real estate. Who are the major players poised to profit from the upswing? Which asset classes are going to lead the way: hospitality, industrial, multifamily, single-family or commercial? And what do investors need to know before plunging in? This panel will explore current trends in deal flow and how developers are accessing capital. Who is providing that capital, and does it take the form of debt or equity? We'll also explore the new role of CMBS and the impact of new investment strategies, such as CalPERS' shift from residential to commercial. Finally, this panel will identify current opportunities, whether they come from repositioning existing assets or financing new markets such as the Middle East.

Moderator

Lewis Feldman

Partner and Los Angeles Chair, Goodwin Procter LLP

Speakers

Joseph Azrack

Managing Partner, Real Estate, Apollo Global Management

Richard LeFrak

Chairman, President and CEO, LeFrak Organization

Peter Lowy

CEO, Westfield LLC

Barry Sternlicht

Chairman and CEO, Starwood Capital Group

Robert Toll

Executive Chairman, Toll Brothers Inc.

Mon 5/2
2:30 pm - 3:40 pm

Somebody's Always Watching: Privacy in the Age of Surveillance

Is it possible to keep your personal life private anymore? Stores, online retailers and credit-card companies record what you buy. Websites and online advertisers watch your surfing habits. TiVo knows your favorite TV shows. GPS cell phones track your whereabouts. Security cameras abound in public places. New airport security technology peeks under your clothes. Meanwhile, the Facebook generation has come of age thinking it's no big deal to post confessions, provocative photos and personal stories online - public records that are essentially permanent. Has the digital age corrupted the expectation of privacy? Can we ensure that our personal information isn't abused? Does it even matter - is privacy a Luddite concern?

Moderator

Daniel Casse

President, G100; Managing Partner, High Lantern Group

Speakers

Philip Kaplan

Co-Founder, Blippy.com

Fran Maier

President and Executive Chair, TRUSTe

Patrick Manzo

Senior Vice President and Chief Privacy Officer, Monster Worldwide Inc.

Scott Meyer

CEO, Evidon

Jay Stanley

Senior Policy Analyst, American Civil Liberties Union

Mon 5/2
2:30 pm - 3:40 pm

The Future of Global Trading Markets

Almost exactly a year ago, the Dow plunged 600 points in the span of just five heart-stopping minutes, then recovered in the blink of an eye. One of the wildest days in Wall Street history, sparked by a single trade placed by a mutual fund in Kansas, laid bare the risks of ultra-high-speed, high-frequency trading built on computer algorithms. But the technology that powers most trading platforms is just part of the story in the fast-changing world of global trading. Other issues include the growth of ETFs, secondary markets, stock loans, derivatives and credit default swaps. How can we ensure more transparency in these new financial instruments? Should international exchanges harmonize their systems so traders can't exploit their differences? And most important of all: How can regulators contain these systemic risks and maintain a level playing field for ordinary investors?

Moderator

Joseph Dear

Chief Investment Officer, California Public Employees' Retirement System (CalPERS)

Speakers

Harold Bradley

Chief Investment Officer, Ewing Marion Kauffman Foundation

Seth Merrin

Founder and CEO, Liquidnet

Duncan Niederauer

CEO, NYSE Euronext

Mike Novogratz

Principal, Fortress Investment Group

Mon 5/2
2:30 pm - 3:40 pm

What Is the Right Model in the 21st Century for Post-Secondary Education?

The costs of providing a college education and the price tag of tuition are rising just as rapidly as seats in the university classroom are vanishing. Affordability and access are falling victim to budgetary constraints in tough economic times. Can state universities develop alternate models for providing instruction and support services that will ensure longer-term financial stability? Will private university endowments earn strong enough returns on investment to continue the dramatic subsidies that these institutions require to hire strong faculty and provide quality curriculum? How will online access and the broader impact of technology affect universities in traditional, hybrid and online settings?

Moderator

Barry Munitz

Trustee Professor, California State University, Los Angeles; Chair, Sierra Nevada College Board of Trustees

Speakers

Angel Cabrera

President and Professor, Thunderbird School of Global Management

Steve Fireng

President and CEO, Embanet-Compass Knowledge Group

C. L. Max Nikias

President, University of Southern California

Santa J. Ono

Provost and Senior Vice President for Academic Affairs, University of Cincinnati

Luis Proenza

CEO, University of Akron

Mon 5/2
3:00 pm - 3:30 pm

Book Signing
William Draper III, The Start Up Game: Inside the Partnership Between Venture Capitalists and Entrepreneurs

Speaker

William Draper III

General Partner, Draper Richards LP

Mon 5/2
3:50 pm - 5:00 pm

A Conversation With Bill Walton: Tall Tales From a Basketball Legend

Interviewer

Jim Gray

Sportscaster, Showtime, Golf Channel, Sacramento Kings and Westwood One Radio

Speaker

Bill Walton

NBA champion, NBA All-Star and Basketball Hall of Fame member

Mon 5/2
3:50 pm - 5:00 pm

Behind the Picket Fence: Where Housing Is Headed
By invitation only

What is the future of housing? Here in the U.S., how will changes to Fannie Mae and Freddie Mac reshape the market going forward? Which asset classes will lead the recovery: multi-family, condos, senior housing or single-family homes? Has a desire for transportation-oriented development taken hold, pushing development to urban infill, or will single-family residential housing make a comeback? And applying a more global perspective, are new opportunities being created in the Middle East, Brazil and other emerging markets?

Moderator

Lewis Feldman

Partner and Los Angeles Chair, Goodwin Procter LLP

Speakers

Shraga Biran

Founder, Institute for Structural Reforms

Joseph Dear

Chief Investment Officer, California Public Employees' Retirement System (CalPERS)

Emile Haddad

President and CEO, Five Point Communities

Larry Mizel

Chairman and CEO, MDC Holdings Inc.

Robert Toll

Executive Chairman, Toll Brothers Inc.

Mon 5/2
3:50 pm - 5:00 pm

Energy Efficiency: First Line of Defense

To enhance its energy security, reduce greenhouse-gas emissions and strengthen its economy, the U.S. needs to find and develop new energy sources. But most of the payoff for that investment will be over the long term. Fossil fuels will remain a substantial portion of our energy mix for the next few decades - and that means energy efficiency is the fastest, cheapest and cleanest solution to implement now. It's the low-hanging fruit, and the most sensible place to start changing our patterns of energy use. This panel of experts will examine how we can jumpstart a major push for energy efficiency, including the new technologies, practices and behavior changes that will have a quick impact.

Moderator

Martha Amram

Senior Fellow, Milken Institute; CEO, Ennovationz

Speakers

David Arfin

CEO, First Energy Finance

Nicole Woolsey Biggart

Director, Energy Efficiency Center, University of California, Davis

Geoff Chapin

Founder and CEO, Next Step Living Inc.

James Davis

President, Chevron Energy Solutions

Mon 5/2
3:50 pm - 5:00 pm

From Revolution to Rebuilding: Toward a New Middle East Economy

In recent months, we've witnessed history unfold in the streets of Tunisia, Egypt and Libya. Dynamic forces are pulling and pushing for change as the rallying cry for social justice and democracy echoes across multiple borders. Hopes - and fears - are running high. Where do we go from here? Building a more open, entrepreneurial and dynamic economy is the best strategy for containing extremism and militarism. What kind of institution-building needs to take place? What role can investments play in promoting democracy and stability in the region? What mechanisms for economic development should be developed and implemented to build robust, job-creating markets? Will the pendulum finally swing toward democracy, moderation and more widely shared prosperity? How much reform will we see in other nations where protests have erupted but the existing regimes still cling to power?

Moderator

Jerrold Green

President and CEO, Pacific Council on International Policy

Speakers

Abdulla Mohammed Al Awar

CEO, Dubai International Financial Centre Authority

Neveen El Tahri

Co-Chairperson and Managing Director, Delta Financial Investments

Dalia Dassa Kaye

Senior Political Scientist, Rand Corp.

James Prince

President and Founder, The Democracy Council

Janet Sanderson

Deputy Assistant Secretary of State, U.S. State Department

Mon 5/2
3:50 pm - 5:00 pm

Global Opportunities in Private Equity

Last year saw private-equity deal-making recover to levels not seen since the onset of the financial crisis. Many PE firms have been looking to exit some of their investments, and now they've got a market that's ready to take these firms off their hands. The last quarter of 2010 was particularly bullish, with $64 billion in new deals announced and $72 billion in exits (setting a new quarterly record). And the early months of 2011 have been marked by blockbuster PE-backed IPOs, including HCA, Kinder Morgan and Nielsen. Are additional megadeals in the cards? What's the current outlook for fundraising? What are the opportunities in emerging markets?

Moderator

Maria Bartiromo

Anchor, CNBC

Speakers

Leon Black

Managing Partner, Apollo Management LP

David Bonderman

Founding Partner, TPG Capital

Jonathan Nelson

CEO and Founder, Providence Equity Partners

David Rubenstein

Co-Founder and Managing Director, The Carlyle Group

Mon 5/2
3:50 pm - 5:00 pm

Help Wanted: Seeking 12 Million U.S. Jobs

How will the Great Recession and its aftermath change the structure of employment in the future? Which jobs are unlikely to ever return because of a fundamental restructuring of the economy? Which categories will bounce back? Which sectors will create the jobs of tomorrow? How much of the current unemployment is attributable to the extensive slack in the economy as opposed to a deeper structural issue with firms needing skills that aren't possessed by most workers that are jobless?

Moderator

Rafael Pastor

Chairman and CEO, Vistage International Inc.

Speakers

John Engler

President, Business Roundtable

Mary Kay Henry

International President, SEIU

Deborah Wince-Smith

President and CEO, Council on Competitiveness

Susan Windham-Bannister

President and CEO, Massachusetts Life Sciences Center

Mon 5/2
3:50 pm - 5:00 pm

Insurance Roundtable
By invitation only

Mon 5/2
3:50 pm - 5:00 pm

Reinventing International Aid: Incentivizing Performance and Private Investment

Despite decades of government aid and charitable giving, economic growth in frontier markets remains stagnant. How can we change this picture? From credit enhancements to advance market commitments, donors are looking for new, innovative tools to encourage more effective and predictable aid flows. Market-based approaches that align the interests of donors, local governments and the private sector are becoming increasingly popular in the philanthropic world. Traditional up-front grant-making is increasingly being supplemented (or even supplanted) by the use of "pull mechanisms," in which donors provide funding only after specified outcomes are achieved. The panel will discuss models that incentivize investment in developing countries to promote entrepreneurship and support sustainable economic growth.

Moderator

Glenn Yago

Executive Director, Financial Research, Milken Institute

Speakers

Orin Hasson

Associate Program Officer, Development Finance and Economic Policy, Bill & Melinda Gates Foundation

Kola Masha

Managing Director, Doreo Partners

Susan McAdams

Director, Multilateral and Innovative Financing, World Bank

Maura O'Neill

Chief Innovation Officer, U.S. Agency for International Development (USAID)

Mon 5/2
3:50 pm - 5:00 pm

Renewable Energy: Sizing Up the Global Landscape

There's a clear consensus that it's time for a greater push toward renewable energy. But some nations have been much faster out of the gate than others. What models are evolving in different parts of the world? Here in the U.S., shale gas has emerged as a cheap and relatively clean resource, but environmental concerns are mounting; meantime, renewables remain dependent on government subsidies. China has focused on building large, competitive producers, while the U.S. has concentrated more on making deployment more cost effective for end users. Europeans, suffering through fiscal challenges, are increasingly resentful of high prices. Who will solidify leadership in this sector? Which regions and technologies look most promising to investors? Which are closest to achieving maturity and critical mass?

Moderator

Ray Wood

Head, Global Alternative Energy, Credit Suisse

Speakers

Patrick Eilers

Managing Director, Madison Dearborn Partners

Charles Gassenheimer

Chairman and CEO, ENER1 Inc.

Joseph Kelliher

Executive Vice President, Federal Regulatory Affairs, NextEra Energy Inc.; former Chairman, Federal Energy Regulatory Commission

Peter Labbat

Partner, Energy Capital Partners

Michael Polsky

President and CEO, Invenergy LLC

Mon 5/2
3:50 pm - 5:00 pm

The Global Technology Innovation Race

The United States often takes its dominance in science and technology for granted - and no wonder, since U.S. firms like Apple, Google and Facebook continue to dazzle consumers with inventiveness. But other nations around the world aren't exactly sitting still. They've studied the U.S. model of research funding, commercialization incentives and intellectual property protection, and they've gotten busy building their own high-tech clusters and research capacities. China and India have become hotbeds of "frugal innovation," rethinking process and design to improve products (such as medical devices) while bringing down their costs. Today it's clear that innovation knows no borders. Where are the next great game-changing designs being produced? How does this worldwide phenomenon change corporate decision-making? How are companies changing their R&D models to discover and integrate ideas from around the globe?

Moderator

Kara Swisher

Co-Executive Editor, AllThingsD.com

Speakers

Rani Borkar

Corporate Vice President, and General Manager, Microprocessor Development Group, Intel

Jacob Hsu

CEO, Symbio

John Manley

President and CEO, Canadian Council of Chief Executives

John Ruffolo

Senior Vice President and Head of Knowledge Investing, OMERS; CEO, Inkef Capital

Mon 5/2
3:50 pm - 5:00 pm

The Impact of an Aging Population

In the coming years, demographic shifts will cause profound transformations in America and around the globe. The imperatives created by aging populations threaten to swamp economies and place unprecedented burdens on the next generation. A host of challenges must be addressed, from physical health and financial well-being to community engagement and senior employment. Some of these issues pose major policy dilemmas, but the implications aren't all dire. We're on the cusp of accelerating disease cures, setting the stage for seniors to enjoy better health and quality of life as they age. And the graying population is already rewriting the rulebook for retirement. Seniors have new options for staying active, engaged and productive through wellness and disease management programs, continuing education, encore careers, social networks and travel. Our panel of experts will address the key challenges and opportunities in a thought-provoking session.

Moderator

Paul Irving

Senior Managing Director and Chief Operating Officer, Milken Institute

Speakers

Marc Freedman

CEO, Civic Ventures

Michael Hodin

Executive Director, Global Coalition on Aging; Adjunct Senior Fellow, Council on Foreign Relations

Paul Kusserow

Senior Vice President, Chief Strategy and Corporate Development Officer, Humana

Sherry Lansing

CEO, The Sherry Lansing Foundation; Founder, EnCorps Teachers Program

Mon 5/2
5:15 pm - 6:15 pm

Are Democratic Governments Up to Meeting 21st-Century Challenges?

It's been said that democracy is messy - but today it seems downright cumbersome, too. The United States seems stuck in neutral on pressing issues such as ending our addiction to foreign oil, rebuilding our infrastructure or transforming our schools. Meantime, China is building vast new projects and implementing policy shifts seemingly overnight. But its speed and decisiveness often come at the expense of individual rights and the environment, and its state-run system has monumental challenges to overcome. India, the world's most populous democracy, has economic potential to match China's. But can its government pull off the massive infrastructure improvements and bureaucratic reforms needed to maintain growth? Can European democracies deal with the increasing costs of their more robust socialist safety net? Which approach will carry the day? Which nations have models and results worth examining? Can participatory democracy respond quickly enough to a world where change moves at lightning speed?

Moderator

Michael Klowden

President and CEO, Milken Institute

Speakers

Evan Bayh

Senior Advisor, Apollo Global Management; former U.S. Senator

Gary Becker

Nobel Laureate; Professor of Economics and Sociology, University of Chicago

William Bennett

Former U.S. Secretary of Education; Senior Advisor, Houghton Mifflin Harcourt

Ronnie C. Chan

Chairman, Hang Lung Properties Ltd.

Mon 5/2
5:30 pm - 6:00 pm

Book Signing
Radhanath Swami, The Journey Home: Autobiography of an American Swami

Speaker

Radhanath Swami

Author, "The Journey Home: Autobiography of an American Swami"

Mon 5/2
6:30 pm - 7:30 pm

General Reception:
The Pavilion and the Executive Center

Mon 5/2
6:30 pm - 7:30 pm

Private Reception Hosted by Citi
By invitation only

Mon 5/2
6:30 pm - 7:30 pm

Private Reception Hosted by Credit Suisse
By invitation only

Mon 5/2
6:30 pm - 7:30 pm

Private Reception Hosted by MidOcean Partners
By invitation only

Mon 5/2
6:30 pm - 7:30 pm

Private Reception Hosted by PineBridge Investments
By invitation only

Mon 5/2
6:30 pm - 7:30 pm

Reception for Speakers and Sponsors
By invitation only

Mon 5/2
7:30 pm - 9:15 pm

Dinner Panel
Conversations on Leadership

Great leaders can inspire innovation, harness creativity and turn organizations into powerhouses. And we've seen the consequences all too clearly when effective, ethical leadership is lacking. But what really makes a great leader? Are they born or made? What's the difference between a leader and a visionary? What is the ideal relationship between a manager and his team? Why do some individuals have the ability to make tough decisions under pressure when others balk with uncertainty? Our dinner program will explore these issues and more, with a distinguished panel sharing tales from their own storied careers.

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

Steven Burd

President and CEO, Safeway

Susan Desmond-Hellmann

Chancellor and Arthur and Toni Rembe Rock Distinguished Professor, UCSF

Joe Torre

Executive Vice President, Baseball Operations, Major League Baseball

Steve Wynn

Chairman and CEO, Wynn Resorts

Mon 5/2
7:30 pm - 9:30 pm

Private Dinner and Program
Impact Investing: Doubling Down on the Double Bottom Line
By invitation only

The theme of impact investing runs through many panels at the Global Conference as well as through the broader work of the Milken Institute. We believe that new asset classes and investment instruments can yield financial returns while solving social and environmental problems at the same time. Public funding and philanthropic initiatives cannot bridge the capital gap needed to address poverty alleviation, sustainable energy, environmental conservation, water, education and global health. But market-based solutions offer new hope through a fresh approach. How can we complement traditional and limited grant-based funding with capital market mechanisms on a greater scale? How can impact investors evaluate these emerging financial products and processes, and measure results in the field? What lessons can be learned from recently launched experiments? This private dinner session will feature a lively discussion with pioneers and thought leaders in this sector, including representatives from public and private foundations, institutional investors, philanthropists and researchers. This is a unique opportunity to explore the issues surrounding social finance and impact investing with the people who can turn ideas into action.

Speakers

Sir Ronald Cohen

Chairman, Bridges Ventures and The Portland Trust; Director, Social Finance

Snehal Patel

Senior Vice President, Richard Chandler Corp.

Bobby Turner

Managing Partner, Canyon Partners LLC

Mon 5/2
9:30 pm - 10:30 pm

Late Night With Lionel Richie and David Foster

Interviewer

Michael Milken

Chairman, Milken Institute

Speakers

David Foster

Producer and Songwriter

Lionel Richie

CEO, Lionel Richie Productions; Founder, The Lionel Richie Foundation; Entertainer, Composer, Producer and Humanitarian

Tuesday, May 3, 2011

Tue 5/3
6:00 am - 8:30 am

Continental Breakfast
Beverly Hills Foyer and Executive Center

Tue 5/3
6:00 am - 8:00 pm

Registration

Tue 5/3
6:30 am - 7:45 am

Can Dynamic Risk Investing Solve the Defined-Benefit Conundrum?

The traditional defined-benefit methodologies for asset allocation, portfolio construction and risk management have been evolving to mitigate drawdown risk, but the gap between assets and liabilities remains. There's a critical need for a nimble, holistic framework that can manage market volatility and fluctuating liabilities while offering plan sponsors and investors greater flexibility. This discussion will delve into the concepts and implementation of dynamic risk investing, an asset allocation and risk architecture that seeks to address some of the challenges of traditional investment modeling. We will explore how this approach can provide decision-makers with a comprehensive, multi-period configuration for expressing investor preferences and identifying desirable contribution policy.

Speakers

Kenneth Yip

Founder and CEO, Investor Science Group

Sanjay Yodh

Managing Director, Alternative Strategies, Security Global Investors

Tue 5/3
6:30 am - 7:45 am

Canadian High-Yield Market

Historically, the Canadian debt market focused on investment-grade offerings and traditional loans. Local companies desiring the advantages of high-yield bonds were required to turn to the U.S. for financing, exposing themselves to currency risk and the critique of a distant audience. But beginning in mid-2009, Canadian companies have had access to a nascent but expanding Canadian-dollar high-yield market. This development has been applauded by Canadian investors and attracting increasing interest from U.S. buyers. Will this market grow? Will it address fixed-income requirements historically met by income trusts? Will it become attractive to U.S. investors? Will it contribute to Canadian industry and employment? Will it increase equity values? Will it seed other markets? This panel will address these questions.

Moderator

James Moglia

Executive Managing Director, Head of Leveraged Finance and Debt Capital Markets, BMO Capital Markets

Speakers

Hanif Mamdani

Head of Alternative Investments, RBC Global Asset Management

Geof Marshall

Vice President, Portfolio Management, CI Investments

Sue Riddell Rose

President and CEO, Perpetual Energy Inc.

Tue 5/3
6:30 am - 7:45 am

Life Settlements: Opportunities in an Uncorrelated Asset Class
By invitation only

An inherent value exists in transferrable life insurance policies, also referred to as life settlements. Financial markets are beginning to realize their potential as an alternative to fixed income or other traditional investment products. The life settlement industry has matured beyond its early stages, with an estimated $30 billion+ outstanding. Current dislocations, caused by the combination of the credit crisis and shifts in life expectancy estimates, have created an opportunity to earn attractive and stable risk-adjusted returns over the long term and potentially higher returns in the short term. Is now the time to invest? Who are the appropriate investors for this asset class? Are the regulations and legal precedents in place to allow this market to mature? What are the key risks and benefits to consider? This private session will explore these questions and more with a panel of experts offering investor, legal and regulatory perspectives.

Moderator

Marc Utay

Managing Partner, Clarion Capital Partners LLC

Speakers

William Ketterer

Partner, Viewport Partners

Jeff Sipos

Executive Vice President, KBC Financial Products

Boris Ziser

Partner, Stroock & Stroock & Lavan LLP

Tue 5/3
6:30 am - 7:45 am

Milken Institute Associates Breakfast With David Bonderman
By invitation only

Wall Street financier David Bonderman, founding partner of TPG Capital, is a legend in the world of private equity, having earned a reputation as a trailblazer drawn to complex deals. Today there's a flurry of activity across the entire PE industry. How will the capital still sitting on the sidelines be deployed in the coming year? In this interactive private breakfast with the Milken Institute Associates, Bonderman will offer his take on the outlook for fundraising, what's ahead in the pipeline, the best areas for growth and the impact of financial regulation.

If you are not currently a Milken Institute Associate and would like to learn how to join, contact associates@milkeninstitute.org.

Speaker

David Bonderman

Founding Partner, TPG Capital

Tue 5/3
6:30 am - 7:45 am

Private Breakfast Hosted by Houghton Mifflin Harcourt
By invitation only

Speaker

William Bennett

Former U.S. Secretary of Education; Senior Advisor, Houghton Mifflin Harcourt

Tue 5/3
6:30 am - 7:45 am

Tuesday Morning Meditation With Radhanath Swami

Speaker

Radhanath Swami

Author, "The Journey Home: Autobiography of an American Swami"

Tue 5/3
8:00 am - 9:15 am

Alternative Investments: Continued Forecast of Blue Skies?

Alternatives finished strong in 2010, in terms of both performance and asset flow. What lies ahead for the rest of 2011? What kind of inflows will this asset class attract going forward? Are investors prepared for new regulations to take effect? Will compliance costs prove to be prohibitive? Which exchanges will capture most of the swaps market? Will we see changes in fee structures? Is more industry consolidation in the cards? What are the current levels of leverage and risk appetite? Which sectors and strategies will generate the best returns? A panel of industry veterans will share insights and predictions.

Moderator

Alan Schwartz

Executive Chairman, Guggenheim

Speakers

Andreas Halvorsen

CEO and Co-Founder, Viking Global Investors LP

J. Tomilson Hill

Vice Chairman, Blackstone Group; President and CEO, Blackstone Alternative Asset Management

Rob McCord

Treasurer, State of Pennsylvania

Marc Rowan

Co-Founder and Senior Managing Director, Apollo Global Management LLC

Barry Volpert

Managing Partner and Co-Founder, Crestview Partners

Tue 5/3
8:00 am - 9:15 am

Investing in Asia

Capital has been flowing toward Asia for several years, as dynamic economies and markets are expected to outperform their counterparts in the developed world. Where's the smart money going? Are bubbles forming in individual markets? Should investors consider bonds in nations where infrastructure spending is fueling growth, such as Indonesia? What are the new patterns of innovation and investment flow? Will protectionism and inflation slow growth? How will the disaster in Japan resonate throughout the broader region? What are the rivalries, opportunities and geopolitical changes sweeping through these nations that might affect the investment environment?

Moderator

Cecilia Zecha

Programming Director, Forbes Asia

Speakers

Yoshito Hori

President and Dean, Globis University; Managing Partner, Globis Capital Partners

James McWalters

General Manager, DBS Bank

Nam Sin Ng

Assistant Managing Director, Development, Monetary Authority of Singapore

Vachara Phanchet

Thailand Trade Representative, Office of the Prime Minister

Chin Hwee Tan

Head of Capital Markets Asia, Apollo Management

Tue 5/3
8:00 am - 9:15 am

The New Economics of Food

The price of wheat has surged to its highest level since the summer of 2008. And that's not all: Prices for rice, corn, soybeans, sugar and coffee are also soaring, creating a tremendous burden on the poorest households worldwide. Protests and riots have already broken out in Algeria, Jordan, Egypt and India. Here in the U.S., consumer prices are only ticking up, and companies are struggling to adjust to higher raw material costs. Whether the price hikes are due to a catastrophic string of floods and droughts that damaged harvests or to rising energy costs and speculation, one thing is clear: Their impact on food insecurity around the world is significant. How can communities overcome the burden of price increases? Will world governments respond by hoarding food stocks and banning exports, exacerbating shortages? What role can agricultural firms and commodities markets play? As individuals and families face hunger in the midst of the economic downturn, how can corporations and philanthropies bridge the gap to meet their immediate needs as well as addressing longer-term solutions? How can we smooth the flow of funding and aid in light of the price spikes? This panel will take a look at the ongoing solutions needed to feed the world.

Moderator

Carole Brookins

Managing Director, Public Capital Advisors

Speakers

Bob Baur

Chief Global Economist, Principal Global Investors

Allan Jury

Director, U.S. Relations Office, United Nations World Food Programme

Kerry Sullivan

President, Bank of America Charitable Foundation

Curt Vossen

President, Richardson International Limited

Tue 5/3
8:00 am - 9:15 am

U.S. Overview: Will We Hit Escape Velocity?

Indicators suggest that the U.S. economy is gaining momentum. In fact, it may be achieving escape velocity, the crucial point at which the recovery becomes self-sustaining. Consumers, businesses and financiers all appear more confident - they're purchasing goods and services, investing in plants and equipment, and providing financing to fuel the real side of the economy. However, many short-term risks remain: rising oil prices, weak job growth, a double dip in housing markets (with more homeowners underwater), state and local cutbacks, Europe's sovereign debt crisis, and constrained access to credit for small businesses. How quickly should the Fed exit its extraordinary programs? Is the Fed already behind on the inflation curve? How aggressively should we attack the federal deficit this year vs. the medium term? Do we have the will to address entitlement spending? Did financial reform legislation go too far? What might be the unintended consequences?

Moderator

Maria Bartiromo

Anchor, CNBC

Speakers

Ross DeVol

Executive Director, Economic Research, Milken Institute

Andy Stern

Senior Fellow, Georgetown Public Policy Institute; former President, SEIU

Ronald Temple

Managing Director, Portfolio Manager, Lazard Asset Management LLC

Thomas Wilson

Chairman, President and CEO, Allstate; Deputy Chairman, Federal Reserve Bank of Chicago

Tue 5/3
9:00 am - 10:45 am

Women's Leadership Forum
By invitation only

This session will focus on the intersection of women and finance. Financial planning has too often taken a one-size-fits-all approach, and women in particular have not received the tools and education they need to make informed investment and savings decisions. With longer life expectancies, women need their retirement savings to last longer, so different strategies are clearly in order. The growing trend toward single motherhood and the high divorce rate have both underline the need for women to take greater charge of issues like educational savings and estate planning. How can the industry better customize its services to meet women's needs? How can we empower women of all socioeconomic levels to become more financially literate and control their own financial futures?

Moderator

Lorraine Spurge

Senior Managing Director, Guggenheim

Speakers

Alice Domar

Executive Director, Domar Center for Mind/Body Health

Patricia Duff

Founder and Chair, The Common Good

Gina Hubbell

Managing Director, Guggenheim

Joan Lamm-Tennant

Chief Economist and Risk Strategist, Guy Carpenter & Co. LLC

Tue 5/3
9:30 am - 10:45 am

Consumers Taking Control of Their Health

The doctor-patient relationship is changing. Today many patients are acting as their own best advocates - and now they have new tools at their disposal. Doctors may have to rush through appointments, but patients can maximize the efficiency of their interactions by arriving well-informed. Vast libraries of online information help patients bring themselves up to speed quickly and ask more targeted questions. Interactive support groups offer information and encouragement, while electronic medical records make histories more portable when patients seek out second opinions. Creative new apps help users stay focused on healthy living and maintenance of chronic conditions, while drop-in clinics in retail settings make simple preventive care more accessible. Is patient empowerment the wave of the future?

Moderator

Jim Glasheen

General Partner, Technology Partners

Speakers

Heyward Donigan

President and CEO, ValueOptions Inc.

Paul Kusserow

Senior Vice President, Chief Strategy and Corporate Development Officer, Humana

Richard Merkin

CEO and Founder, Heritage Provider Network; Board Member, FasterCures

Tue 5/3
9:30 am - 10:45 am

Driving the Global Economy: Smart Logistics

Manufacturers need raw materials from their suppliers, and in turn they need to count on getting finished goods to the end customer. But today's intricate supply chains may stretch around the globe, necessitating multiple means of transport and customs clearances. Online retailers stake their reputations on delivering purchases to customers anywhere in the world smoothly and quickly. Smart logistics systems are more vital to the bottom line than ever before - but the movement of goods isn't just a matter for individual firms. The entire global economy depends on the ease of international trade. Providing the basic infrastructure to streamline commerce - from rail lines to container ports - is crucial to any region's growth potential. The most modern and efficient airport hubs, especially, are attracting clusters of firms and vendors. This panel will explore factors such as new technologies, rising fuel prices, expanded shipping routes and free trade deals.

Moderator

Kevin Klowden

Managing Economist and Director, California Center, Milken Institute

Speakers

Mo Klein

President and CEO, The Price Pros

Kurt Kuehn

CFO, UPS

Matt Ryan

President, Americas, CEVA Logistics

Rodney Slater

Partner, Patton Boggs LLP; former U.S. Secretary of Transportation

Tue 5/3
9:30 am - 10:45 am

Next-Generation Biofuels

With oil prices spiking and concern over climate change growing, biofuels hold tremendous appeal. But they must overcome considerable hurdles. Further process and technology refinements are needed to ensure that biofuels make a significant dent in carbon emissions while avoiding other negative environmental impacts. Beyond the extensive R&D effort required, it will also be necessary to build a network of cutting-edge processing plants and to open up distribution and retail channels. Taking this idea to scale will call for a vast infusion of capital. This panel will discuss the latest scientific and commercialization efforts, including the exciting potential of fuels like algae-based biodiesel. How close is this fledgling industry to reaching maturity? What do policymakers and investors need to know?

Moderator

James McDermott

Managing Partner, US Renewables Group

Speakers

Alan Boyce

Director, Adecoagro

Richard Hamilton

President and CEO, Ceres Inc.

Dallas Tonsager

Under Secretary, Rural Development, U.S. Department of Agriculture

Tue 5/3
9:30 am - 10:45 am

Philanthropic Social Action: Building a Movement

In the last several years, we've seen some extraordinarily innovative nonprofits make an enormous impact in the global community. With a laser focus and growth that's powered by social media, these agents of change were, by and large, formed by a single person or a small team responding to a specific need with a global solution. These digital leaders are entrepreneurial in style, they inspire others to join their cause and they approach their mission with passion and leadership. Pioneers in the new age of philanthropy, they are the next generation that will shape the global conversation, impact millions of lives and change history.

Moderator

Paul Irving

Senior Managing Director and Chief Operating Officer, Milken Institute

Speakers

Jim Berk

CEO, Participant Media

Adam Garone

Co-Founder and CEO, Movember

Scott Harrison

Founder, charity: water

Dolores Huerta

President, Dolores Huerta Foundation; Co-Founder, United Farm Workers

Tue 5/3
9:30 am - 10:45 am

Putting the Muscle Back in North American Manufacturing

It's a distant memory now, but after World War II, North America boasted over half the world's manufacturing capacity. This industry long represented the ticket for U.S. workers to gain a foothold in the middle class. But millions of American manufacturing jobs have been lost as other nations build up their capacity and offer companies lower cost structures. As it fights to maintain and reshape what is left, what can North America learn from Germany and Japan? Are there high-end sectors worth keeping and low-end sectors worth letting go? How has Canada continued to attract and retain manufacturing jobs?

Moderator

Daniel Casse

President, G100; Managing Partner, High Lantern Group

Speakers

Linda Hasenfratz

CEO, Linamar Corp.

Brian Krzanich

Senior Vice President, General Manager, Manufacturing and Supply Chain, Intel Corp.

Jayson Myers

President and CEO, Canadian Manufacturers & Exporters

Carol Williams

President, Chemicals and Energy Division, and Group Senior Vice President, Dow Chemical

Tue 5/3
9:30 am - 10:45 am

Rainforests and Ruins: Utilizing Local Assets to Generate Growth

Over the past decade, efforts have been made to engage local communities around the world in appropriately valuing their cultural and environmental assets to increase the potential for development and growth. From the ever-expanding ecotourism market to the emergence of cultural heritage-themed artisans and vendors at archaeological sites, the market can support local populations, conserve the environment, promote cultural appreciation and provide a rewarding experience for travelers. According to a study by the Global Heritage Fund, cultural heritage sites in the developing world could generate up to $100 billion a year by 2025. Ecotourism now generates over $30 billion in revenues. What are the most effective models to ensure that all stakeholders truly benefit? How can the market be structured to provide both a double-bottom line return both financially and socially? Panelists will discuss current initiatives to utilize cultural and environmental assets to generate economic growth in local communities while providing a more meaningful experience for tourists.

Moderator

Glenn Yago

Executive Director, Financial Research, Milken Institute

Speakers

Larry Coben

Executive Director, Sustainable Preservation Initiative

Uri Dromi

Director General, Mishkenot Sha'ananim

Crawford Hill

CEO, Chill Expeditions

Brent Lane

Director, Center for Competitive Economies, Kenan-Flagler Business School, University of North Carolina

Tue 5/3
9:30 am - 10:45 am

Red Ink Rising: Dealing With State and Municipal Budget Shortfalls

In 2010, 48 U.S. states faced shortfalls - a record gap of $192 billion, or 29 percent of total state budgets. The recession slashed operating revenues just as it increased demand for expenditures, and the lack of increasing investment income exposed the impossibility of governments meeting their pension and health-care obligations. It's clear that achieving long-term solvency for states and municipalities will require painful paradigm shifts. This session will address some of the most pressing issues, including the ripple effects of austerity measures and the rise in unfunded liabilities. Most important, it will focus on solutions, from regulatory and policy initiatives to shared sacrifice and a more up-to-date model for generating revenue.

Moderator

Kenneth Gibbs

President, Municipal Securities Group, Jefferies & Co. Inc.

Speakers

John Chiang

California State Controller

Dennak Murphy

Director, Capital Stewardship Program, Service Employees International Union (SEIU)

Robin Prunty

Managing Director, Public Finance Ratings Group, Standard & Poor's

James Spiotto

Partner, Chapman and Cutler LLP

Tue 5/3
9:30 am - 10:45 am

Retirement (In)Security: Can Americans Afford to Retire?

The nation's retirement security safety net is increasingly tattered: The Great Recession wiped out trillions of dollars of household net worth. IRA and 401(k) balances were severely eroded, and home values have yet to recover. Private-sector defined-benefit plans are going the way of the dodo bird, while public-sector pension plans are underfunded by as much as $3 trillion. Without changes, Social Security will only be able to pay 75 percent of its promised benefits beginning in 2037. And meantime, health-care costs continue to skyrocket. Simply put, governments and individuals haven't saved enough to meet future needs and obligations. Can governments afford an aging population? Can individuals afford to retire? Is the ability to enjoy the "golden years" of retirement an increasingly unattainable dream? This panel will examine what governments, companies and households can do to strengthen the safety net.

Moderator

Bradley Belt

Senior Managing Director, Milken Institute

Speakers

Charles Blahous

Research Fellow, Hoover Institution

David Blitzstein

Special Assistant for Multiemployer Plans, Collective Bargaining Department, UFCW

Zvi Bodie

Norman and Adele Barron Professor of Management, Boston University

Robert Grady

Chairman, New Jersey State Investment Council

Tue 5/3
9:30 am - 10:45 am

The Attention Deficit Society: What Technology Is Doing to Our Brains

Put down the iPad and pay attention: Technology may be rewiring your brain. Scientists say our ability to focus is being undermined by Twitter feeds, smartphones and other digital distractions. Many experts believe excessive use of technology can make users more impatient, impulsive, forgetful and even narcissistic. It may reduce the ability to process information and think deeply and creatively. Distracted drivers have become a menace on the roads. Even worse, tech-obsessed parents spend less quality time with their children, causing not only hurt feelings but potentially stunting a child's vocabulary and development. At the same time, studies show Internet users are more efficient at finding information, and gamers develop better visual acuity. Is the technology that was intended to make us more productive actually dumbing us down? Is its use in the classroom counterproductive? How does it change our culture and society in general?

Moderator

Dennis Kneale

Senior Correspondent, Fox Business Network

Speakers

Nicholas Carr

Author, "The Shallows: What the Internet Is Doing to Our Brains"

Cathy Davidson

Ruth F. DeVarney Professor of English and John Hope Franklin Humanities Institute Professor of Interdisciplinary Studies, Duke University

Clifford Nass

Thomas M. Storke Professor, Stanford University

Sherry Turkle

Abby Rockefeller Mauze Professor of the Social Studies of Science and Technology, MIT

Tue 5/3
9:30 am - 10:45 am

The Economy and Culture of the New Poland
By invitation only

One of the most stable democracies and economies in Europe today, Poland is due to assume the EU's rotating presidency in mid-2011, while former Prime Minister Jerzy Buzek is the current speaker of the European Parliament. Against this diplomatic backdrop, Poland's advocacy of Israel and the Jewish people has fostered a remarkable, full-fledged cultural renaissance. As testament, the stunning Museum of the History of Polish Jews is being erected opposite the memorial to the Warsaw Ghetto Uprising. In this session, leaders will discuss the economic, political and cultural outlook for a country that has garnered global respect for its success in building a market economy, a more open society and strong alliances with both Israel and the U.S.

Moderator

Shana Penn

Executive Director, Taube Foundation for Jewish Life & Culture

Speakers

Arnold Eisen

Chancellor, The Jewish Theological Seminary

Aleksander Kwaśniewski

Former President, Republic of Poland

Irene Pletka

Founder and Chairman, Kronhill Pletka Foundation

Tad Taube

President, Koret Foundation

Tue 5/3
9:30 am - 10:45 am

The Future of Wall Street and the Financial Industry

It's a world full of heightened risk, market and regulatory pressures. How will Wall Street respond? Financial firms are trying to absorb the implications of new oversight and capital requirements at home, while managing increasingly complex investment risks abroad, from Europe's debt crisis to instability in the Middle East. Has Wall Street finally gotten a better handle on risk management? How will things play out as regulators fill in the many blanks left by Dodd-Frank? And how are firms evolving and changing their strategies to meet the current challenges? This panel will forecast what's in store for the industry and identify the trends that will drive investment decisions in the months ahead.

Moderator

Antonio Quintella

Regional CEO Americas, Credit Suisse

Speakers

Chris Brummer

Senior Fellow, Milken Institute; Professor of Law, Georgetown University Law Center

Andy Dillon

Treasurer, State of Michigan

Joshua Friedman

Co-Founder, Co-Chairman and Co-CEO, Canyon Partners LLC

Duncan Niederauer

CEO, NYSE Euronext

Tue 5/3
11:00 am - 12:15 pm

Be Our Guest: Checking In With the Travel and Tourism Industry

Nothing, it seems, will keep travelers grounded for long. After a wild couple of years - complete with a recession, strikes, security incidents, a pandemic and even a volcano - the global travel and tourism sector has bounced back and then some. Worldwide, there were 935 million international tourist arrivals in 2010, up 58 million from 2009. But the United States is drawing slightly fewer overseas arrivals today than it did in 2000. Now that travelers are willing to seek out more far-flung destinations, how can the U.S. do a better job of attracting and welcoming international visitors - and competing for their business? Is it time to streamline airport security? What's the impact of taxing visitors in order to balance local budgets? Globally, can the industry absorb higher oil prices and airfares? What are the hot destinations, and where are visitors willing to spend? Many hotel developers were hard-hit by the slump in commercial real estate - are they finally turning a corner? This panel of industry veterans will discuss the state of the travel business.

Moderator

Jared Carney

Executive Director, Program Development and Marketing, Milken Institute

Speakers

Stephen J. Cloobeck

Chairman and CEO, Diamond Resorts International

Roger Dow

President and CEO, U.S. Travel Association

Gary Loveman

Chairman, President and CEO, Caesars Entertainment Corp.

Nicolas Shea

Senior Advisor of Innovation & Entrepreneurship, Chilean Ministry of Economy

John Wagner

Executive Director, Admissibility and Passenger Programs, Office of Field Operations, U.S. Customs and Border Protection

Tue 5/3
11:00 am - 11:30 am

Book Signing
Nicholas Carr, The Shallows: What the Internet Is Doing to Our Brains

Speaker

Nicholas Carr

Author, "The Shallows: What the Internet Is Doing to Our Brains"

Tue 5/3
11:00 am - 12:15 pm

Breast Cancer Roundtable
By invitation only

This private meeting will offer attendees a view of the current state of the science on breast cancer and the latest developments from across the research and advocacy sectors. It will offer an opportunity to discuss the research sector for breast cancer, enhancing understanding of the research and therapy development continuum - from discoveries to clinical application. It will also help begin to inform decision-making as philanthropic investments are initiated to find the cure.

Moderator

Margaret Anderson

Executive Director, FasterCures / The Center for Accelerating Medical Solutions

Speakers

Anna Barker

Consultant, Transformative Healthcare Initiatives; former Deputy Director, National Cancer Institute

Helena Chang

Director, Revlon/UCLA Breast Center

Laura Esserman

Director, Carol Franc Buck Breast Care Center, Professor of Surgery and Radiology, UCSF

Courtney Mizel

Founding Director and Chairman, Counterterrorism Education Learning Lab

Daniel Wattendorf

Lt. Colonel, USAF MC; Program Manager, Defense Advanced Research Projects Agency (DARPA), Defense Sciences Office

Tue 5/3
11:00 am - 12:15 pm

Financing Emerging Market Businesses and Industries

Much of the capital pouring into emerging markets comes via index funds and ETFs. But many investors are going beyond those broad strokes to identify individual firms and more specific market opportunities. How well are they able to size up credit risk? In addition to growth in equity markets, what are the opportunities in these nations' bond markets? Is it safe to plunge in despite looming fears that emerging economies may be growing too fast and that inflation pressures are building? Which markets offer the greatest combination of stability, market infrastructure and growth potential?

Moderator

Paul Murphy

Editor-in-Chief, FT Tilt; Associate Editor, Financial Times

Speakers

John Coombe

Head of Consulting, Sydney, and Executive Director, JANA Investment Advisers

Matthew Crakes

Managing Partner, Greenheart Capital Partners

John Morton

Vice President, Office of Investment Policy, Overseas Private Investment Corp.

Marc Pagano

Managing Director, Citigroup

Tue 5/3
11:00 am - 12:15 pm

Global Health: Sustaining Momentum

The global health community has pulled off a series of miracles: We are on the brink of eradicating polio; maternal deaths have dropped significantly for the first time in decades; and AIDS patients around the world are receiving life-saving treatment. Millions of mothers and children are alive today because of investments in global health. But progress is fragile, and we've yet to erase the major disparities between rich and poor countries. Vaccines and other proven, effective solutions exist, but are not always deployed to save children in developing nations. Aid from the U.S. and other developed countries has been crucial to making strides forward - but how can we ensure that critical health interventions reach those who need them most when governments around the world face tough decisions about how to reduce spending? From bed nets that ward off malaria to targeted vaccine campaigns, what are the initiatives that would produce the greatest results? How can we expand the private sector's engagement?

Moderator

Frank Sesno

Director, School of Media and Public Affairs, The George Washington University; Creator and Host, "Planet Forward"

Speakers

Amina Salum Ali

African Union Ambassador to the United States

Ezekiel Emanuel

Chair, Clinical Center Department of Bioethics, National Institutes of Health

Regina Rabinovich

Director, Infectious Diseases, Bill & Melinda Gates Foundation

Robert Sebbag

Vice President, Access to Medicines, Sanofi-Aventis

Tue 5/3
11:00 am - 12:15 pm

How Asia Will Meet Its Energy Needs

As Asia's population climbs and a vast new middle class increases its consumption, demand for hydrocarbons is soaring. Nuclear power was long considered fundamental to Asia's growth, but Japan's disaster will put pressure on governments to diversify away from it. Oil will remain part of the energy mix for years to come, but environmental realities mean that natural gas will eventually account for a greater slice of the pie. Sitting in the continent's backyard are huge gas reserves with the potential to catapult Australia ahead of Qatar as the world's biggest supplier of LNG. With the Asian market in mind, international energy companies are spending billions developing natural-gas terminals on the Australian coastline. Is gas the Asian fuel of the future? Are Asian countries nimble enough to retool their energy strategies so that economic growth can continue unabated?

Moderator

Tim Shanahan

Director, Energy and Minerals Institute, University of Western Australia

Speakers

Jay Pryor

Vice President, Corporate Business Development, Chevron Corp.

J. Robinson West

Chairman and CEO, PFC Energy

Tue 5/3
11:00 am - 12:00 pm

Outlook for Credit Markets

Institute chairman Michael Milken moderates our annual look at the state of credit markets, assembling a panel of seasoned investors. Many companies, capitalizing on growing dissatisfaction with low-yielding government debt, are seizing the opportunity to take on debt while it's cheap, leading to robust activity in the corporate bond market. Is too much risk creeping back into holdings? Or will tumultuous events and high oil prices drive a flight to safety? How long will the Fed maintain ultra-low rates? What has been the effect of QE2, and what will be the reaction when the Fed eventually moves to the exits? Will dire predictions about defaults in the muni market come to pass - or conversely, have they actually created some incredible bargains? Will European bondholders be forced to take haircuts in the coming year? Will emerging market corporate bonds assume a greater place in portfolios?

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

Joshua Friedman

Co-Founder, Co-Chairman and Co-CEO, Canyon Partners LLC

Carey Lathrop

Head of Global Credit Markets, Citigroup

Steven Tananbaum

Managing Partner and Chief Investment Officer, GoldenTree Asset Management

David Warren

CEO and Manager, Brevan Howard Credit Catalysts Master Fund

Tue 5/3
11:00 am - 12:15 pm

Recovery in Japan

The Japanese economy was once considered a model for Asia and a marvel by any standard. But after the collapse of its real estate and stock market bubbles in the early 1990s and the agonizing process of financial deleveraging that followed, the economy's fundamental weaknesses became more apparent. Japan's inefficient capital markets, overdependence on exports, rapidly aging labor force and massive public debt had already led many to conclude that the economy's best days are over. Then the earthquake, tsunami and nuclear crisis struck in a devastating cascade of events, creating what the prime minister called the nation's worst crisis since World War II. The resulting economic and logistical challenges are monumental. But the pessimists ignore Japan's strengths: its disciplined labor force, social cohesion, high savings rate and sophisticated technological infrastructure. Can the nation rally these resources to tackle the formidable task of rebuilding?

Moderator

Mark Cutis

Chief Investment Officer, Special Situations, Abu Dhabi Investment Council

Speakers

Robert Dekle

Professor of Economics, University of Southern California

Teisuke Kitayama

Chairman, Sumitomo Mitsui Financial Group Inc.

Allen Miner

Founder, Chairman and CEO, SunBridge Corp.

Koji Omi

Founder and Chairman, STS forum; former Minister of Finance, Japan

Kotaro Tamura

Former Senator and Parliamentary Secretary for Economic and Fiscal Policy, Japan; Senior Fellow, Yale University; and Research Associate, Harvard University

Tue 5/3
11:00 am - 12:15 pm

Regulatory Realities for the Alternative Investor
By invitation only

The financial community is still digesting all the ramifications of the Dodd-Frank reform bill. This private session aims to bring into focus those changes affecting the world of alternative investments. Does Dodd-Frank provide meaningful protection for investors? What are the most important red flags to consider? How can the investor identify and be assured of truly effective compliance and internal control? And how much comfort can we take from the "new" SEC?

Moderator

Bradley Belt

Senior Managing Director, Milken Institute

Speakers

Joseph Grundfest

W.A. Franke Professor of Law and Business, Senior Faculty, Rock Center for Corporate Governance, Stanford University; and Former Commissioner, U.S. Securities and Exchange Commission

Simon Lorne

Vice Chairman and Chief Legal Officer, Millennium Partners LP; former General Counsel, U.S. Securities and Exchange Commission

Tue 5/3
11:00 am - 12:15 pm

The Power and Economics of Social Media

As you read this, you might be logged into Facebook, watching a YouTube video that was Tweeted by a friend. Soon you'll be able to rent and stream movies on the social networking site. The 800-pound gorillas Facebook and Twitter have market valuations of $70 billion and $7 billion, respectively, while two-and-a-half-year-old Groupon has taken social commerce to new places with $760 million in revenue in 2010. Social media's reach has grown so powerful that Facebook and Twitter have been credited with aiding game-changing protests in the Middle East. But are any of these sites really profitable? Are their businesses sustainable? Most Internet revenue models are based on subscriptions or advertising, but the power of the purse for social media lies with access to their large base of users. Can these sites get beyond privacy concerns so they can better monetize their customer base? What are the business models of the future?

Moderator

Andrew Miller

Entrepreneur and Founder, ATM Holdings Inc.

Speakers

Bonin Bough

Global Head of Digital, PepsiCo

Bill Gross

CEO, Idealab

Neil Kataria

Chairman and CEO, newBrandAnalytics

Mike Zapolin

Author, "Internet Warrior"

Tue 5/3
11:00 am - 12:15 pm

The Risks and Rewards of Investing in Russia

Russia has always been an oddity among the BRICs, with superior social indicators and a recent history as a modern superpower. Despite these advantages, it lagged far behind other emerging markets during the recession and recovery. But the first quarter of 2011 brought a reversal of fortunes. While money has been shifting out of markets like Brazil, ETF flows have been pouring into Russia - and investors were rewarded handsomely as turmoil in the Middle East boosted Russian energy stocks. How sustainable are these gains? President Medvedev has outlined plans to improve the investment climate and end conflicts of interest. Will a true reform agenda take hold, easing investors' fears about corruption? With Russia on the brink of gaining its long-sought admission to the WTO, can the economy diversify beyond its traditional dependence on natural resources? Is the government ramping up for heavy stimulus spending on infrastructure? This panel will offer an insider's view of Russia's prospects for sustainable growth and reform.

Moderator

Robert von Rekowsky

Portfolio Manager, Emerging Markets, Fidelity Investments

Speakers

Mikhail Abyzov

Chairman, RU-COM

Dmitry Akhanov

President, Rusnano USA

Alexander Kovaler

Chairman and CEO, Wendy's/Arby's Russia

Ruben Vardanian

Chairman and CEO, Troika Dialog

Tue 5/3
11:30 am - 12:00 pm

Book Signing
Clifford Nass, The Man Who Lied to His Laptop: What Machines Teach Us About Human Relationships

Speaker

Clifford Nass

Thomas M. Storke Professor, Stanford University

Tue 5/3
12:15 pm - 2:00 pm

Lunch Panel
Global Risk

Lately it seems that a whole flock of black swans has descended at once. The Middle East has been transformed practically overnight by revolutionary forces calling for change. And yet these forces were not driven by religious fundamentalists, but by ordinary citizens demanding social justice. Will their movement be hijacked in the months ahead? The world had barely begun to digest these events when news broke of the devastating Japanese earthquake, tsunami and nuclear crisis. What will be the ripple effects of such a monumental tragedy? Has the world become so complex and fast-moving that reliable forecasts are no longer possible? Where else might trouble be brewing? This panel will examine the extraordinary shifts taking place and attempt to discern whether there are even bigger surprises on the horizon.

Moderator

Brian Sullivan

Reporter, CNBC

Speakers

Wesley Clark

Army General (ret.) and former Supreme Allied Commander, NATO; Senior Fellow, UCLA Burkle Center for International Relations

Sir Richard Dearlove

Master of Pembroke College, Cambridge; former Chief, British Secret Intelligence Service (MI6)

Roger Kubarych

National Intelligence Officer for Economic Issues, National Intelligence Council

Jami Miscik

President and Vice Chairman, Kissinger Associates Inc.; former Deputy Director for Intelligence, CIA

Tue 5/3
2:30 pm - 3:00 pm

Book Signing
Sherry Turkle, Alone Together: Why We Expect More From Technology and Less From Each Other

Speaker

Sherry Turkle

Abby Rockefeller Mauze Professor of the Social Studies of Science and Technology, MIT

Tue 5/3
2:30 pm - 3:45 pm

Developing and Retaining a High-Quality Teacher Workforce

The quality of the teacher is the most influential school-related factor when it comes to establishing excellence in education. But in the United States, only 23 percent of teachers finished among the top one-third of their college graduating class, and only 14 percent of top graduates teach in high-poverty schools. Once a teacher is hired, issues arise such as further developing that teacher's skills, evaluating performance, providing competitive compensation, and establishing incentives that encourage effective teachers to remain in the profession. How can the profession be restructured to attract and retain larger numbers of highly educated, skilled teachers? What initiatives, both public and private, are succeeding in keeping the most talented teachers in the profession? Is the current political debate in several states over public employee unions helpful or detrimental to improving the teaching profession?

Moderator

Richard Lee Colvin

Executive Director, Education Sector

Speakers

Yvonne Chan

Member, California State Board of Education; Principal, Vaughn Next Century Learning Center

Adrian Fenty

Former Mayor, Washington, D.C.

Lowell Milken

Co-Founder, Knowledge Universe Education; Founder, TAP: The System for Teacher and Student Advancement

Roberto Rodriguez

Special Assistant to President Obama for Education

Tue 5/3
2:30 pm - 3:45 pm

High-Yield Roundtable
By invitation only

The U.S. high-yield markets represent more than $2 trillion in investable assets for institutional and retail investors worldwide. High-yield bond and leveraged loan markets have been the preferred source of financing for many of the largest, most high-profile LBOs and acquisitions over the past decade. But they've also served as sources of income and total return for pension fund beneficiaries, endowments and foundations, insurance companies, family offices and mutual funds. One of the best-performing asset classes since the financial crisis, high yield remains an attractive investment option for institutional investors and a unique source of financing for corporate borrowers. Mark Shenkman, CEO of Shenkman Capital and a pioneer in high yield, weighs in on the opportunities and challenges for leveraged finance over the near term.

Moderator

Mark Shenkman

President and Chief Investment Officer, Shenkman Capital Management Inc.

Tue 5/3
2:30 pm - 3:45 pm

International Financial Institutions: Up to the Task?

During the Latin American crisis of the 1980s and the Asian crisis in 1997, the IMF channeled assistance to developing nations in exchange for austere economic policies to set right the balance of payments. The World Bank has provided long-term development assistance to poorer countries, sometimes at deeply discounted interest rates. With many of these countries now able to access private credit markets, and even provide financing to developed nations, how should these international institutions change to fit the new circumstances? And how should the members themselves change? Does it make sense, for example, for the U.S. to retain its veto power in the IMF? The IMF famously told Indonesia to raise interest rates in 1997; will it be allowed to dictate terms to Portugal and Spain without EU interference?

Moderator

Chris Brummer

Senior Fellow, Milken Institute; Professor of Law, Georgetown University Law Center

Speakers

Kevin Lynch

Vice Chair, BMO Financial Group

Rich Lyons

Dean, Haas School of Business, University of California, Berkeley

Komal Sri-Kumar

Senior Fellow, Milken Institute; Group Managing Director and Chief Global Strategist, TCW Group Inc.

John Taylor

Mary and Robert Raymond Professor of Economics, Stanford University; George P. Schultz Senior Fellow in Economics, Hoover Institution

Tue 5/3
2:30 pm - 3:45 pm

Is the U.S. Dollar Losing Its Edge?

In the Bretton Woods system (post-1946), the dollar was the benchmark to which other world currencies linked. The global monetary system was adrift when the dollar's link with gold was cut in August 1971, but the greenback still had no serious competitor until the euro arrived in 1999. The European debt crisis has created doubts about the euro's viability in its present form, and the Fed's QE programs have hastened the search for an alternative to the dollar. Since there is no other easy choice, will the Brazils and Chinas of the world resort, instead, to steps that would lead to a trade or currency war? If the dollar has to lose its global reserve currency status, can the process occur in a benign fashion with minimal disturbance to the global trading system?

Moderator

Steve Drobny

Partner, Drobny Global Advisors

Speakers

Clive Banks

Global Head, Foreign Exchange and Local Market Sales, BNP Paribas

Jim McCaughan

CEO, Principal Global Investors

Russell Napier

Consultant, CLSA Asia Pacific Markets

Michael Pettis

Associate Professor of Finance, Guanghua School of Management

Tue 5/3
2:30 pm - 3:45 pm

Muni Finance

The $2.9 trillion muni bond market has long been considered a safe haven for steady-as-she-goes fixed-income investors, but today it's clouded by a real sense of uncertainty. It's no secret that cities, counties and states across the U.S. are deep in the red. Some observers have made headlines by predicting a massive wave of municipal defaults; others say that yes, a handful of defaults may be inevitable, but they will be limited in scope and impact. Mom-and-pop investors have been spooked, but are the pessimists' fears overblown? Is the market stabilizing? Has this flurry of alarmist talk actually created some remarkable bargains? Is the Fed about to make a move that would change the equation?

Moderator

Jeffrey Werbalowsky

Co-CEO, Houlihan Lokey

Speakers

Orin Kramer

General Partner, Boston Provident LP

Marc Levinson

Partner, Orrick, Herrington & Sutcliffe LLP

William Roberti

Managing Director, Municipal Restructuring, Alvarez & Marsal

Mark Ryan

Managing Director, Municipal Securities Division, Citigroup

Tue 5/3
2:30 pm - 3:45 pm

Nuclear Energy After Fukushima

Not long ago, there was talk of a "nuclear renaissance." Even committed environmentalists were willing to consider nuclear as an alternative to coal. But in the wake of Japan's disaster, governments around the world are suddenly freezing or reviewing their plans. Public fears are running high, and Europe stands divided on the issue. After the Fukushima Daiichi incident, panicked Chinese citizens raced to buy iodized salt and went online to oppose the government's plans to build dozens of plants. But Turkey and Indonesia - both located in seismically active regions - are forging ahead. Do emerging nations have the experienced engineers and regulatory regimes in place to safely expand their nuclear capacities? Here in the United States, New York's governor favors closing the Indian Point plant, while the Energy Department has reaffirmed that its loan guarantee program will continue to finance nuclear projects. Many questions remain, including how to dispose of spent fuel, whether new standards are needed and whether some existing plants should be shut down. What's the future of nuclear energy after the tragedy in Japan?

Moderator

Joel Kurtzman

Senior Fellow; Executive Director, Center for a Sustainable Energy Future, Milken Institute

Speakers

Spencer Abraham

Chairman and CEO, The Abraham Group; former U.S. Secretary of Energy

Amir Adnani

President and CEO, Uranium Energy Corp.

Christopher Paine

Director, Nuclear Program, Natural Resources Defense Council

Andrew Shapiro

Founder and President, GreenOrder

Tue 5/3
2:30 pm - 3:45 pm

Recruiting and Retaining Talent Through Work-Life Programs

Look at any successful enterprise: Human capital is the secret weapon that generates creativity, momentum, client loyalty and a dynamic corporate culture that breeds success. To build and retain a high-caliber workforce, companies need to offer innovative work-life programs that meet increasingly diverse employee needs. The best programs can reduce turnover, increase employee motivation and reduce employer costs. Leading executives will join us to describe how initiatives focusing on health and wellness, diversity, employee benefits and flexibility have been crucial to improving their competitiveness.

Moderator

Fran Durekas

Founder and Chief Development Officer, CCLC

Speakers

John Paul Macdonald

Senior Vice President, Human Resources and Public Affairs, Bombardier Inc.

Larree Renda

Executive Vice President, Safeway Inc., and President, Safeway Health, Inc.

LaTisha Starbuck

Vice President, Mission and Ethics, Saint John's Health Center

Michael Wolfe

Vice President, Human Resources, Roll Global LLC

Tue 5/3
2:30 pm - 3:45 pm

The Business of Personalized Medicine

As the science behind genomics matures and the promise of therapies targeted to individual patients nears, the realities of developing, approving and ultimately paying for drugs geared to targeted populations requires a new paradigm of clinical research and care. What kind of model will work as we move forward to transition drugs through the regulatory and reimbursement environment?

Moderator

Greg Simon

Senior Vice President, Patient Engagement, Pfizer Inc.

Speakers

Paul Billings

Chief Medical Officer, Life Technologies

Laura Esserman

Director, Carol Franc Buck Breast Care Center, Professor of Surgery and Radiology, UCSF

Ricardo Guggenheim

Vice President, Care Management Strategy, McKesson Health Solutions

Scott Jenkins

Area Vice President, Healthcare and Life Sciences Solution Sales, Dell

Tue 5/3
2:30 pm - 3:45 pm

The Recession's Over - But Are Consumers Buying It?

Has a nation of spendthrifts become a nation of tightwads? Well, not exactly, but the U.S. consumer is feeling pretty tapped out. Do higher savings rates signal a lasting shift in priorities? Now that cautious consumers seem intent on finding steep discounts, retailers have to take a new approach to managing their margins. Are high-end brands immune to these pressures? Which products, services and technologies are enticing shoppers to open their wallets? And if the U.S. consumer is no longer going to be the engine that drives the global economy, what strategies are retailers pursuing to penetrate international markets? Which brands have already seized international market share, and which ones are well-positioned for growth?

Moderator

Jim D'Aquila

Managing Director, Investment Banking, Consumer Products Group, Imperial Capital

Speakers

John Cohlan

CEO, Margaritaville Holdings

Brian Cornell

President and CEO, Sam's Club

Dottie Mattison

Senior Managing Director, Guggenheim

Jonathan Sokoloff

Managing Partner, Leonard Green & Partners LP

Tue 5/3
2:30 pm - 3:45 pm

The View From Institutional Investors

When major funds make a move, the markets sit up and take notice. This panel offers the chance to hear directly from some of the world's most influential investors about their outlook going forward. Are they feeling upbeat or cautious? Which regions of the world are capturing their focus - and which ones are they avoiding? What are their current asset allocation strategies? How are they hedging against risk? How are fiscal and inflationary challenges affecting their investment decisions?

Moderator

Alexander Friedman

Chief Investment Officer, UBS Wealth Management

Speakers

Janet Cowell

Treasurer, State of North Carolina

Joseph Dear

Chief Investment Officer, California Public Employees' Retirement System (CalPERS)

Andy Dillon

Treasurer, State of Michigan

Hazel McNeilage

Head of Funds Management, Queensland Investment Corp.

Tue 5/3
4:00 pm - 4:30 pm

Book Signing
Spencer Abraham, Lights Out! Ten Myths About (and Real Solutions To) America's Energy Crisis

Speaker

Spencer Abraham

Chairman and CEO, The Abraham Group; former U.S. Secretary of Energy

Tue 5/3
4:00 pm - 5:15 pm

Doing Business in China

It's the mother lode of all potential markets: China's sheer size and its sizzling growth rate are powerful attractions for businesses of all types. But it pays to look before you leap. This year the World Bank ranked China only 79th in the world for general ease of doing business. Which strategies really work for gaining a foothold in China? Which international names are already out in front in terms of establishing a presence and capturing market share? What do you need to know about Chinese business culture, contractual agreements and bureaucracy? What are the pitfalls? How do you choose the right local partners? Why do some companies thrive in China while others fail to achieve critical mass?

Moderator

Zachary Karabell

Senior Fellow, Milken Institute; President, River Twice Research

Speakers

David Bonderman

Founding Partner, TPG Capital

Richard Gelfond

CEO, IMAX Corp.

Henry Gong

Co-Chairman, THL China Partners; Venture Partner, Infinity Equity

Perry Wong

Senior Fellow, Milken Institute; Senior Vice President and Senior Economist, Economic Strategy, City National Bank

Tue 5/3
4:00 pm - 5:15 pm

Exploring the Frontiers of Medicine: How We Will Save Lives From Cancer

After decades of painstaking and determined research, is there finally a real prospect of winning the war on cancer? What changes can we expect to see in detection and treatment? How will all the various stakeholders work together to maximize the opportunities that have evolved over years of history and experience? Melanoma is a perfect case study lens through which to examine these questions and explore the frontiers of medicine. Very recent clinical advances are providing exciting "proof of principle" for innovative approaches to save lives from this deadly cancer, and these successes provide hope for many other cancers as well.

Moderator

Wendy Selig

President and CEO, Melanoma Research Alliance

Speakers

Amy Harmon

Pulitzer Prize-winning Reporter, The New York Times

Jill Kargman

Author, "Sometimes I Feel Like a Nut"

Gregory Lucier

Chairman and CEO, Life Technologies

John Mendelsohn

President, The University of Texas MD Anderson Cancer Center

Jonathan Simons

President and CEO, Prostate Cancer Foundation

Tue 5/3
4:00 pm - 5:15 pm

Financial R&D: Can High-Tech Tools Improve Investment Performance and Economic Stability?

The financial services industry spends significant amounts on R&D for the tools it needs to provide analysis. Information asymmetries between entrepreneurs and investors must be overcome to accurately determine pricing, credit and risk. The need for in-depth market analysis and due diligence is more evident than ever following the recent financial crisis, when transparency was lost and a thorough risk assessment of complex financial instruments was lacking. This panel will focus on the interface between financial services and information technology.

Moderator

Glenn Yago

Executive Director, Financial Research, Milken Institute

Speakers

Alfred Eskandar

Head of U.S. Equities, Liquidnet

Stacy-Marie Ishmael

Editor, FT Tilt

Myron Scholes

Nobel Laureate, 1997; Frank E. Buck Professor of Finance, Emeritus, Stanford Graduate School of Business

Haim Shani

Director General, Ministry of Finance, State of Israel

Roger Stein

President, Moody's Research Labs

Tue 5/3
4:00 pm - 5:15 pm

Lessons From the Great Recession: How Businesses Survived and Now Look to Thrive

How a company reacts in tough times can make or break the firm. Sometimes survival boils down to making nimble moves to restructure debt and strengthen the balance sheet. In other cases it's about getting lean and coaxing productivity and loyalty out of your employees. And if you can muster the resources, continuing to invest in R&D or snapping up distressed assets in a down cycle can leave you positioned to profit handsomely when the upswing finally arrives. This panel will look at the actions taken by some leading names that navigated through the recession and came out in good shape on the other side. What was their strategy? What were their key business decisions? What did investors look for in companies during the recession? What can we learn from these executives about how to prepare for the next challenge?

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

Pierre Beaudoin

President and CEO, Bombardier Inc.

Kenneth Griffin

Founder and CEO, Citadel

Dan Hesse

President and CEO, Sprint Nextel Corp.

Robert Miller

Chairman, AIG; Chairman, MidOcean Partners

Tue 5/3
4:00 pm - 5:15 pm

Repurposing the Energy Infrastructure

For reasons of security, climate and economics, the world's dependence on a narrow range of fuels is not tenable in the long run. And yet, over the last hundred years, more than $100 trillion has been invested in the status quo - oil fields, pipelines, refineries, transportation hubs, and vast fleets of cars, trucks and airplanes. So rather than scrapping the world's highly resilient, extremely reliable energy infrastructure, can some of it be repurposed to deliver other fuels? Can natural gas, ethanol and electricity augment the system we've put in place without requiring everybody to trade in their cars or requiring industry to replace trillions of dollars worth of investment? This panel will investigate how the current system can be refocused (rather than be replaced) to accommodate the needs of the future.

Moderator

Joel Kurtzman

Senior Fellow; Executive Director, Center for a Sustainable Energy Future, Milken Institute

Speakers

Frances Arnold

Dick and Barbara Dickinson Professor of Chemical Engineering and Biochemistry, California Institute of Technology

Jeff Broin

Chairman and CEO, POET

Karen Alderman Harbert

President and CEO, Institute for 21st Century Energy, U.S. Chamber of Commerce

Steven (Mac) Heller

Executive Chairman, Coda Automotive

Ally LaTourelle

Director of Government Affairs, Bio-Amber Inc.

Tue 5/3
4:00 pm - 5:15 pm

The Federal Deficit: What Options Are Really on the Table?

Everyone talks about the federal deficit, but is anyone really doing anything about it? In broad strokes, one camp would cut deeply into social services and entitlements, and the other would prefer to increase taxes for the wealthiest Americans while cutting defense spending, oil and farm subsidies, and corporate tax breaks. While the federal debt is a long-term problem, deep budget cuts in the short term could slow economic growth and increase unemployment, delaying a real recovery. With both parties clinging to their ideologies and playing to their bases with an eye on the next election, what options are really on the table? And what options should be? Can lawmakers get beyond the politics to create pragmatic solutions? How do we stimulate a real debate about what services the government should and shouldn't provide? With an eye toward the nation's future competitiveness, can we afford to invest in R&D, education and infrastructure? Can we afford not to?

Moderator

Jim McCaughan

CEO, Principal Global Investors

Speakers

Charles Blahous

Research Fellow, Hoover Institution

Donald Marron

Director, Urban-Brookings Tax Policy Center; Visiting Professor, Georgetown Public Policy Institute

Peter Passell

Senior Fellow, Milken Institute; Editor, The Milken Institute Review

Andy Stern

Senior Fellow, Georgetown Public Policy Institute; former President, SEIU

Tue 5/3
4:00 pm - 5:15 pm

The Future of Print

Like the hero in a dime-store novel, will the iPad rescue publishing? Tablet computers as well as the Kindle and other e-readers have created a new platform for books, magazines and newspapers. The California start-up Vook may demonstrate the path forward: It packages cookbooks, workout manuals and even novels with illustrative video clips, then sells these video-text hybrids through Apple's iTunes Store. But what will readers pay for these products, and can this model sustain the big traditional publishers? Is salvation just wishful thinking on the part of a dying industry? Some say there will always be a place for print. In the news industry, print is too slow for breaking news, but does printed analysis have a place? In publishing, text-heavy books may be perfect for an e-reader, but will beautifully illustrated, tactile tomes become even more valuable? What lessons can publishers learn from the music industry's response to the digital revolution?

Moderator

Richard Sandler

Executive Vice President, Milken Family Foundation; Partner, Law Offices of Maron & Sandler

Speakers

James Crawford

Engineering Director, Google Books

Steve Ennen

President and Chief Intelligence Officer, Social Strategy1

Bethlam Forsa

Executive Vice President, Global Product and Content Development, Houghton Mifflin Harcourt

Jane Friedman

Co-Founder and CEO, Open Road Integrated Media; former President and CEO, HarperCollins Publishers Worldwide

Tue 5/3
4:00 pm - 5:15 pm

The Next Generation of Social Entrepreneurs:
Winners of the 2011 International Impact Investing Challenge

With fresh thinking and an unlimited supply of creativity, a new generation of social entrepreneurs stands ready to harness the power of the marketplace to solve social challenges. The 2011 International Impact Investing Challenge was a showcase for rising stars in this field. Students from leading business schools were invited to design investment vehicles that create sustainable impact, with the size and scope to interest institutional investors. This session presented the winning concept from Sachpreet Chandhoke and Puneet Gupta, M.B.A. students from Northwestern University's Kellogg Graduate School of Management. Every year India loses 20 million metric tons of grain, an amount equal to the entire annual production of Australia. Chandhoke and Gupta aim to stem these losses through the Grain Depot Fund, a REIT focused on building grain storage facilities and renting them to small farmers in 460 villages in Punjab and Uttar Pradesh, the two largest grain-producing regions in India. Their idea has the potential to reduce hunger across India and provide value to both investors and small farmers.

Introduction By

Paul Irving

Senior Managing Director and Chief Operating Officer, Milken Institute

Speakers

Sachpreet Chandhoke

Graduate Student, Kellogg School of Management, Northwestern University

Dave Chen

CEO, Equilibrium Capital Group

Puneet Gupta

M.B.A. Candidate, Kellogg School of Management, Northwestern University

Tue 5/3
4:00 pm - 5:15 pm

Universities as Engines of Economic Growth

Universities are critical assets in promoting technology-based and other high-value-added economic development. Public research universities, supported in part by government funding, will play an increasingly vital role in the future. The most successful university systems feed a region's capacity for innovation and entrepreneurship, which drives economic growth and job creation. Recognizing this dynamic, state and local governments provided roughly $75 billion for higher education in 2008. But today budgets are tightening, and state legislatures are asking these institutions to justify these expenditures on an economic basis. This session will consider new methods to more accurately measure the full economic contribution of publicly supported universities to a state's GSP over the long term. We'll also discuss fresh approaches for increasing the impact of universities on the surrounding economy.

Moderator

Krisztina Holly

Vice Provost for Innovation, USC; Executive Director, USC Stevens Institute for Innovation

Speakers

Robert Birgeneau

Chancellor, University of California, Berkeley

Scott Cowen

President, Tulane University

Ross DeVol

Executive Director, Economic Research, Milken Institute

Eric Fingerhut

Former Chancellor, The University System of Ohio; Senior Advisor, Jobs for the Future

Richard Florida

Professor of Business and Creativity, Rotman School of Management; Author, "The Great Reset"

Tue 5/3
5:00 pm - 6:45 pm

Milken Institute Young Leaders Circle: A Conversation With Donna Karan
By invitation only

Donna Karan will join members of the Milken Institute Young Leaders Circle for a conversation about her experience building one of the fashion world's most iconic labels. Beginning her career as assistant designer with Anne Klein, she launched her own company in 1984; it went on to become a publicly traded enterprise in 1996. Karan is also an active philanthropist and the founder of Urban Zen, a foundation focusing in the areas of cultural preservation, health care and education.

Interviewer

Daniel Casse

President, G100; Managing Partner, High Lantern Group

Speaker

Donna Karan

Founder, Urban Zen and Donna Karan Intl.

Tue 5/3
5:30 pm - 6:00 pm

Book Signing
Richard Florida, The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity

Speaker

Richard Florida

Professor of Business and Creativity, Rotman School of Management; Author, "The Great Reset"

Tue 5/3
5:30 pm - 6:45 pm

General Reception
Pavilion and Executive Center

Tue 5/3
5:30 pm - 6:45 pm

Private Reception Hosted by Canada
By invitation only

Tue 5/3
5:30 pm - 6:45 pm

Private Reception Hosted by GoldenTree
By invitation only

Tue 5/3
5:30 pm - 6:45 pm

Private Reception Hosted by Jefferies & Co.
By invitation only

Tue 5/3
5:30 pm - 6:45 pm

Speaker/Sponsor Reception
By invitation only

Tue 5/3
6:00 pm - 6:30 pm

Book Signing
Radhanath Swami, The Journey Home: Autobiography of an American Swami

Speaker

Radhanath Swami

Author, "The Journey Home: Autobiography of an American Swami"

Tue 5/3
7:00 pm - 9:00 pm

Dinner Panel
Breaking the Gridlock: Do We Have the Political Will?

Congress has been playing a dangerous game of chicken over how deeply to cut the federal budget. Middle-class tax cuts that both parties favored almost failed to pass as the two sides warred over tax breaks for the wealthy. Washington is gridlocked, and we don't mean the traffic. How will this push-pull of politics play out in the next year? Is there any hope of reaching bipartisan agreement on a handful of issues? Is Washington's inability to tackle policy change putting America's global leadership at risk? Does anything motivate the two parties besides campaign contributions? Why do Congress and the media keep ignoring the issues and solutions that are most important to the public? What will be the fallout from the Tea Party's ascendency and the protests in Wisconsin? Our annual dinner debate brings together leaders from both sides of the aisle to take America's political pulse.

Moderator

Frank Luntz

Founder and President, The Word Doctors

Speakers

Norm Coleman

Senior Advisor, Hogan Lovells US LLP; former U.S. Senator

Harold Ford Jr.

Former Congressman; Managing Director, Morgan Stanley; Professor, NYU Wagner School of Public Policy

Andy Stern

Senior Fellow, Georgetown Public Policy Institute; former President, SEIU

Vin Weber

Managing Partner, Clark & Weinstock; former Congressman

Tue 5/3
9:00 pm - 10:30 pm

Late Night With NBA Hall of Famer Jerry West

Join us for an outstanding late-night session as sportscaster Jim Gray interviews legendary NBA Hall of Famer Jerry West. West's journey took him from the tiny town of Chelyan, West Virginia, all the way to the NCAA Finals and the top of the Olympic podium with the gold medal-winning 1960 men's basketball team. "Mr. Clutch" led the Lakers to an NBA championship during his storied 14-year playing career, and finally, enjoyed an equally successful run as general manager for the Lakers and later the Memphis Grizzlies. Don't miss the chance to hear inside stories from a remarkable life both on and off the court.

Introduction By

Michael Milken

Chairman, Milken Institute

Interviewer

Jim Gray

Sportscaster, Showtime, Golf Channel, Sacramento Kings and Westwood One Radio

Speaker

Jerry West

NBA champion, NBA All-Star and two-time Basketball Hall of Fame member; former General Manager, Los Angeles Lakers and Memphis Grizzlies

Wednesday, May 4, 2011

Wed 5/4
6:00 am - 8:30 am

Continental Breakfast
Beverly Hills Foyer and Executive Center

Wed 5/4
6:00 am - 4:00 pm

Registration

Wed 5/4
6:30 am - 7:45 am

Private Breakfast Hosted by Vistage International
By invitation only

Wed 5/4
6:30 am - 7:45 am

QG100 Breakfast
By invitation only

Wed 5/4
8:00 am - 9:15 am

Energy Investment Update

In the wake of the Great Recession, new programs were put in place to make investing in green energy more attractive. Investment tax credits, outright grants, renewable fuel requirements, and solar mandates in states like New Jersey and Massachusetts have been designed to lure investment dollars into long-term projects. Are investors responding? If so, what are they doing? This roundtable will discuss where the money is going and where the best returns are likely to be found.

Moderator

Joel Kurtzman

Senior Fellow; Executive Director, Center for a Sustainable Energy Future, Milken Institute

Speakers

G. Chris Andersen

Founding Partner, G.C. Andersen Partners, LLC

Roger Conway

Senior Partner, Rosslyn Advisors LLC

Eugene Kandel

Head of the National Economic Council, Israeli Prime Minister's Office

Bjorn Lomborg

Adjunct Professor, Copenhagen Business School; Author, "Cool It: The Skeptical Environmentalist's Guide to Global Warming"

Rafi Musher

CEO, Stax Inc.

Wed 5/4
8:00 am - 9:15 am

India: The Tiger Economy Is Roaring

India's economy has been dubbed a tiger for good reason: It grew roughly 8.5 percent in the past year, up from 6.7 percent in 2009 and approaching the 9 percent growth India experienced each of the four years before that. But high inflation and fiscal and current account deficits could still put the brakes on progress. Food inflation, in particular, has dogged India for several months, exceeding 17 percent in January. Can the government's policy moves keep the country on its current path to prosperity? What can India do about other major hurdles to growth, such as a shortage of reliable power, congested road and rail networks, and persistent corruption? Can the nation's bureaucracy encourage more innovation and entrepreneurship? Will current growth patterns be enough to lift millions more out of poverty? Is India a short- or long-term investment?

Moderator

Komal Sri-Kumar

Senior Fellow, Milken Institute; Group Managing Director and Chief Global Strategist, TCW Group Inc.

Speakers

N. D. Desai

Chairman, Apar Group of Industries

Sanjay Patel

Managing Partner, Head of International Private Equity, Apollo Management International LLP

K.P. Singh

Chairman, DLF Ltd.

Man Jit Singh

CEO, Multi Screen Media

Wed 5/4
8:00 am - 9:15 am

Open for Business: Making California More Competitive
By invitation only

The Milken Institute California Center's Advisory Council and select guests will gather for an off-the-record roundtable to discuss one of the most important issues facing California: overcoming our reputation as a state that's unfriendly to business. With few resources available to throw at the problem due to the state's deficit, what actions should be taken? Which regulations are most problematic? Given the political sensitivities and alignments, what solutions can be implemented quickly and cheaply? Business and political leaders will gather to search for realistic strategies that can make California more competitive and encourage companies to expand their presence in the state.

Moderator

Mindy Silverstein

Director of Strategic Partnerships, Milken Institute

Wed 5/4
8:00 am - 9:15 am

Reading the Tea Leaves: What Lies Ahead for Financial Markets?

Equity markets have been on a tear for two years. Is there further room for the bulls to run, or is it time to take money off the table? Will geopolitical events, higher energy costs and inflation fears send a chill through the markets? Or will idle cash on the sidelines finally be deployed, sparking more robust growth and recovery? Which emerging markets will pull ahead of the pack? Do investors need to be wary of new asset bubbles? Which sectors look most promising? What's the Fed's next move? This panel of opinion makers will forecast where the markets are headed in the year ahead.

Moderator

Brian Sullivan

Reporter, CNBC

Speakers

Todd Boehly

President, Guggenheim

Nick Calamos

President of Investments and Co-Chief Investment Officer, Calamos Investments

Peter Gunning

Global Chief Investment Officer, Russell Investments

David Solomon

Managing Director and Co-Head of the Investment Banking Division, Goldman Sachs

Meredith Whitney

CEO, Meredith Whitney Advisory Group LLC

Wed 5/4
8:00 am - 9:15 am

Small-Cap High-Yield Outlook

Since the beginning of the financial crisis, small-cap companies have faced a dearth of financing options. They have been abandoned by the larger financing companies and investment banks. The few traditional banks have been willing to provide credit have included overly restrictive covenants. But more recently, the market for small high-yield issues has opened. These issues are generally under $175 million and have traditionally been considered illiquid by most Wall Street participants. These institutionally purchased issues provide true permanent capital for companies looking to avoid the frequent covenant-related constraints on corporate actions as well as a flexible structure for future financings and growth. This panel will examine the current state of this market and trends for the future.

Moderator

Chris Shepard

Executive Vice President, Co-Head of Investment Banking and Head of Capital Markets, Imperial Capital

Speakers

Christopher Jacobs

Senior Analyst, Western Asset Management Co.

Mitchell Julis

Co-Chairman and Co-CEO, Canyon Partners LLC

Frank Lopez

Co-Head, Global Capital Markets, Proskauer

David Palmer

President and CFO, Diamond Resorts International

Wed 5/4
8:00 am - 9:15 am

The Next Internet Revolution

Increased penetration of broadband has triggered explosive demand for smartphones and the rapid integration of television and the Internet - trends that are radically changing the markets for communications, information and entertainment. Consumers will surely benefit from access to diverse content - everything from video conferencing to high-definition entertainment. But broadband poses enormous challenges to the telecom, cable, consumer electronics and entertainment industries as they scramble for pieces of the rapidly growing pie. And the disruption will put pressure on Washington to regulate both access to the new markets and the way the revenues are divided. This panel will analyze both the likely impact on the key industries drawn into the battle and the need for government intervention to speed innovation and maximize benefits for consumers.

Moderator

Robert Hahn

Professor of Economics, Sustainable Consumption Institute, University of Manchester

Speakers

Sam Feder

Partner, Jenner & Block LLP

John Rogovin

Executive Vice President and General Counsel, Warner Bros. Entertainment Inc.

Gigi Sohn

President and Co-Founder, Public Knowledge

Jonathan Spalter

Chairman, Mobile Future

Wed 5/4
8:00 am - 9:15 am

The Role of Philanthropy in Economic Growth

Successful entrepreneurs revolutionize the economy by building companies, launching innovations and creating jobs. When they turn to philanthropy, they often utilize the same kind of inventive approach - and they expect to accelerate solutions. Many philanthropists see their role as filling in the gaps left by government and by the workings of the economic system. And today, with jobs in short supply and government budgets feeling the squeeze, their role is more crucial than ever. Join a panel of philanthropists as they discuss meaningful and tangible ways to advance human welfare by promoting economic growth and bringing more people into economic participation.

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

Arthur Ciocca

Chairman, The Wine Group Inc.

Claudia Sangster

Director, Philanthropy, Estate and Trust Services, Harris myCFO Inc.

Carl Schramm

President and CEO, Ewing Marion Kauffman Foundation

Bobby Turner

Managing Partner, Canyon Partners LLC

Wed 5/4
9:30 am - 10:45 am

Animation: Where Technology Meets Imagination

For decades, Disney ruled the magic kingdom of animated films unchallenged. Now it's got company. Not only is Pixar on a roll, but it seems that every major Hollywood studio is in the game, along with some big players in Asia and Europe. And not all of these films are aimed solely at children (causing parents everywhere to breathe a sigh of relief). European animators are exploring adult and art house genres, while U.S. blockbusters like "Tangled," "Toy Story 3," "How to Train Your Dragon" and "Despicable Me" counted plenty of grownups among audiences. What makes animated films such big business? Why do American films still dominate, and will this trend continue? Foreign animators are producing high-quality films with modest budgets as low as $3 million with an eye toward wider distribution. Is this a threat to the U.S. franchise? What opportunities exist for producers to create international financing, animation and distribution deals?

Moderator

Kevin Klowden

Managing Economist and Director, California Center, Milken Institute

Speakers

John Batter

President of Production for Feature Animation, DreamWorks Animation SKG

Glen Keane

Directing Animator, Walt Disney Productions

Chris Meledandri

Founder and CEO, Illumination Entertainment

Chris Sanders

Director, "How to Train Your Dragon"

Wed 5/4
9:30 am - 10:00 am

Book Signing
Bjorn Lomborg, Smart Solutions to Climate Change: Comparing Costs and Benefits and Cool It: The Skeptical Environmentalist's Guide to Global Warming

Speaker

Bjorn Lomborg

Adjunct Professor, Copenhagen Business School; Author, "Cool It: The Skeptical Environmentalist's Guide to Global Warming"

Wed 5/4
9:30 am - 10:45 am

Brazil: Too Hot, Too Fast?

Faced with sluggish growth and low interest rates across the developed world, investors have flocked to emerging markets, bringing much-needed capital - but also a risk of inflation. This is especially true in Brazil, which posted a sizzling annualized growth rate of 9 percent during the first quarter of this year. With rising oil and food prices compounding the inflation problem, Brazil and some other emerging markets have increased taxes on foreign investors or raised banks' reserve requirements to try to slow inflows of hot money and ward off inflationary pressures. Brazil's central bank has raised interest rates, but did it act too soon? The fundamentals in Brazil are exciting, given the country's energy resources and the growth in consumer demand from a growing middle class. Will Latin America's most compelling success story continue?

Moderator

Stacy-Marie Ishmael

Editor, FT Tilt

Speakers

Tomas Malaga

Chief Economist, Itau Private Bank International

Marcela Meirelles

Senior Vice President, TCW Group

Mario Mesquita

President, Brevan Howard Assessoria De Negocios Ltda; former Deputy Governor, Economic Policy, Central Bank of Brazil

Wed 5/4
9:30 am - 10:45 am

Financial Journalism: Watching the Watchdogs

For news junkies who want to follow every development in the global economy in real time, there's never been more information and opinion out there. But is there enough old-fashioned, hard-nosed reporting? The profession was forced to do some soul-searching about how many reporters took their eye off the ball in the prelude to the financial crisis. Has its coverage improved during the aftermath? Can journalists keep up with the ever-increasing complexity of the financial industry? Does today's 24-hour news culture leave any room for longer-term thinking and in-depth follow-up reporting? Are traditional news outlets still our best hope, or is the new, freewheeling world of Twitter and Facebook a welcome addition to how we get our financial news? How will the more traditional financial news outlets evolve? And do they have the necessary resources to compete as well as they used to? We've invited a lineup of acclaimed journalists to size up the state of their own profession in a candid session.

Moderator

Skip Rimer

Executive Director, Programs and Communications, Milken Institute

Speakers

John Carney

Senior Editor, CNBC.com's "NetNet with John Carney"

Liam Kennedy

Editor, Investment & Pensions Europe

Megan McArdle

Business and Economics Editor, The Atlantic

Frank Sesno

Director, School of Media and Public Affairs, The George Washington University; Creator and Host, "Planet Forward"

Wed 5/4
9:30 am - 10:45 am

How Social Media Is Changing the World of Investing

Social media and mobile technologies have completely reinvented the way we communicate - including the way we communicate about investing. Investors are increasingly looking beyond the traditional sources of financial news and turning to blogs, Twitter, Facebook and each other for ideas, stock tips and real-time information on stocks, bonds, ETFs and other investment vehicles. The exchange of financial information at this level and speed is unprecedented, and it is generating increased concern among advisors and regulatory bodies such as FINRA. This panel will examine the impact social media is having on individual investors. Is the democratization of financial information a positive development for Main Street, or is it dangerous? Is the community intelligence that comes out of social networking valuable, or does it lead to groupthink and, ultimately, bad investment decisions?

Moderator

Dennis Kneale

Senior Correspondent, Fox Business Network

Speakers

Chris Albinson

Managing Director, Panorama Capital

Scott Burns

Director of ETF, Closed-End Fund and Alternatives Research, Morningstar

Tom Lydon

Publisher, ETF Trends

Evan McDaniel

Chief Information Officer, MerlinOne Trading Partners

Jon Najarian

Co-Founder, optionMonster.com

Wed 5/4
9:30 am - 10:45 am

Impact Investing: Managing Risk and Return

Impact investors believe it's possible to solve social or environmental challenges while generating sustainable returns. Long-term investors, in particular, consider such factors as climate change, workforce policies and economic conditions to be an essential part of effective risk management. These impact investors vary in size (from small funds to large institutions), in sector (from private capital to public agencies) and in approach (from exercising ownership to restructuring government funding). But they all recognize that investments can produce benefits or costs beyond the targeted financial returns, and that investors and society alike are better off when investment decisions include these multiple factors.

Moderator

Betsy Zeidman

Senior Fellow, Milken Institute; Director, Compass Program, Robert F. Kennedy Center for Justice & Human Rights

Speakers

Dave Chen

CEO, Equilibrium Capital Group

Sir Ronald Cohen

Chairman, Bridges Ventures and The Portland Trust; Director, Social Finance

Doris Herrera-Pol

Director and Global Head of Capital Markets, World Bank

Erika Karp

Managing Director, Head of Global Sector Research, UBS Investment Bank

Richard Woo

CEO, The Russell Family Foundation

Wed 5/4
9:30 am - 10:45 am

It's All Greek to Me: What's Next for the Euro Zone?

Though last year's bailout plans bought temporary reprieves, the sovereign debt crisis in the euro zone keeps flaring up. Investors have been driving up borrowing rates for countries on the periphery, and a recent wave of rating downgrades for Spain, Portugal, Greece and Ireland have sent further jitters through the markets. Greece and Ireland have fallen behind their deficit reduction targets as austerity plans stifle their economies. Is it time for a fundamental restructuring of their debt? What are the risks to European banks, which hold billions in government bonds? Can the euro - and the unity of the 17-nation currency bloc - be salvaged? Will Germany serve as a backstop? If so, what kind of concessions will it demand in return? Can a permanent financial rescue framework be put into place? What other kinds of fiscal, structural and institutional changes could ensure the euro zone's long-term cohesion? Is the market's patience about to wear out?

Moderator

Michael Intriligator

Senior Fellow, Milken Institute; Professor Emeritus of Economics, Political Science and Public Policy, UCLA

Speakers

Adam Applegarth

Former CEO, Northern Rock

Bernard Connolly

CEO, Connolly Insight LP

Valerio De Molli

Managing Partner, The European House - Ambrosetti

Bettina von Oesterreich

Former Chief Risk Officer, Hypo Real Estate

Wed 5/4
9:30 am - 10:45 am

The Business of Financing Business

As we climb out of the recession, the great liquidity freeze has thawed out. The early months of 2011 were marked by blockbuster PE-backed IPOs, including HCA, Kinder Morgan and Nielsen. There has also been robust M&A activity, including Sanofi's acquisition of Genzyme and AT&T's just-announced purchase of T-Mobile. Are additional megadeals in the cards? Beyond the big names, are mid-market firms finding it easier to raise capital? With 2008 receding into the rear-view mirror, have firms adopted a new approach to managing capital structure and debt loads? What kind of lasting imprint will the financial crisis leave on the world of corporate finance? How has the investment banking industry changed?

Moderator

Joseph Gromacki

Partner, Chair of Corporate Practice and Co-Chair of Securities Practice, Jenner & Block

Speakers

Robert Harteveldt

Global Head of Leveraged Finance, Jefferies & Co. Inc.

Brian Reynolds

Founder and Managing Partner, Chatham Capital

Kenneth Ryan

Co-Head of Investment Banking, Gleacher & Co.

Ted Virtue

CEO, MidOcean Partners

Richard Zogheb

Co-Head, Capital Markets Origination, Americas, Citigroup

Wed 5/4
9:30 am - 10:45 am

Who Can Own a Bank? The Debate Over Industrial Loan Companies

Industrial loan companies (ILCs) have been in existence for a century. But the subset of ILCs owned by diversified commercial firms has been a source of controversy, subject to various regulations passed to restrict their operation and expansion. In 2010, the Dodd-Frank Act placed a three-year moratorium on new charters. Should commercial firms be prohibited from owning banking institutions? Should the United States remain the only G20 country opposed to the "mixing of banking and commerce"? Should ILCs be allowed to expand if they prove to be safe, sound and well-capitalized? Should we allow the banking sector to tap into the $13 trillion capital pool owned by nonfinancial firms? Regulators, ILC executives and banking experts will debate the future of the ILC industry.

Moderator

James Barth

Senior Finance Fellow, Milken Institute; Lowder Eminent Scholar in Finance, Auburn University

Speakers

Louise Kelly

President and CEO, EnerBank USA

G. Edward Leary

Commissioner, Utah Department of Financial Institutions

Neil Milner

President and CEO, Conference of State Bank Supervisors

Maurine Padden

Executive Vice President and Chief Administrative Officer, California Bankers Association

Raymond Specht

Vice Chairman, Toyota Financial Savings Bank

Wed 5/4
11:00 am - 12:15 pm

Biomedical Innovation: Can the U.S. Keep Its Edge?

The United States has gotten comfortable in its role as the undisputed global leader in biomedical research and manufacturing. Over the past 30 years, many European multinational firms shifted R&D to the U.S. to take advantage of its matchless ecosystem for innovation. But today, other countries realize the value of attracting R&D in the life sciences, and the private-sector production activities associated with it, for creating high-value-added jobs. Many Asian and European nations are pursuing strategies to wrestle biomedical innovation infrastructure away from the United States. What policy moves should the U.S. implement to keep its leadership in this field intact?

Moderator

Lesa Mitchell

Vice President, Advancing Innovation, Kauffman Foundation

Speakers

Ross DeVol

Executive Director, Economic Research, Milken Institute

Bijan Dorri

Chief Technology Officer, CT & AW Engineering, General Electric

Edward Holmes

Deputy Chairman, Biomedical Research Council, Agency for Science, Technology, and Research (A*STAR)

Michael Leavitt

Former Governor, State of Utah; former Secretary of Health and Human Services

Wed 5/4
11:00 am - 11:30 am

Book Signing
Rick Horrow, Beyond the Box Score and When the Game Is on the Line

Speaker

Rick Horrow

CEO, Horrow Sports Ventures

Wed 5/4
11:00 am - 12:15 pm

Center for a Sustainable Energy Future Advisory Council Meeting
By invitation only

Wed 5/4
11:00 am - 12:15 pm

Channeling Philanthropic Dollars Into Effective Action

It's a tale of two recoveries: Many leading philanthropists have not only weathered the storm, but some are even in a position to increase their allocations. But the need is greater than ever as the aftermath of the recession drags on. With federal, state and local budgets being slashed, philanthropists are stepping into the gap. Their funding can make all the difference in maintaining critical services that address a range of issues, from education and housing to hunger and health. But are charities and foundations now facing unrealistic expectations that they can replace the safety net? When so many needs - both international and domestic - are crying out to be met, how do you narrow down your focus and find the cause that really speaks to you? Is there a way to leverage your professional expertise to make your philanthropy more effective? What approaches really assure donors of accountability and outcomes? How much personal involvement is practical, and how much depends on building the right team of experts to execute your vision? What are the legal, personal and practical challenges of formalizing philanthropic giving? How will pending changes in tax law impact future contributions?

Moderator

Timothy Lappen

Founder and Chairman, Family Office Group, Jeffer Mangels Butler & Mitchell LLP

Speakers

Donna Karan

Founder, Urban Zen and Donna Karan Intl.

Lynda Resnick

Vice Chairman, Roll Global

Kim Wright-Violich

President, Schwab Charitable

Wed 5/4
11:00 am - 12:15 pm

China: The Next Global Empire?

China has made huge investments in African infrastructure, Australian mining operations and natural resources across the globe. It's building a real consumer class, diversifying away from the dollar and expanding its military might. With a hold on resources, its neighbors and potentially the world marketplace, is China destined to be the next global empire? The fear, of course, is that China's rise will lead to the fall of the U.S. as a world power. Are epic trade disputes and geopolitical conflicts on the horizon? Is it really a zero sum game in which the U.S. loses if China gains? Or will the potential for trouble be offset by economic interdependence and China's growing participation in various international institutions? Given its remarkable progress and its vast potential, can anything derail China's future?

Moderator

Zachary Karabell

Senior Fellow, Milken Institute; President, River Twice Research

Speakers

James Chanos

President and Founder, Kynikos Associates

Charles Y.S. Liu

Chairman and Founder, Hao Capital

John Micklethwait

Editor-in-Chief, The Economist

Wed 5/4
11:00 am - 12:15 pm

Entrepreneurial Finance

The growth of small and mid-size firms is crucial at this stage of the recovery. Larger firms have been successfully deleveraging and refinancing, but small-scale enterprises and startups are still having difficulties in accessing capital. Bridging these gaps to support entrepreneurship will dramatically increase job growth and community development. How can we insure that smaller firms are not disadvantaged by higher transaction costs? What new capital structures and strategies can be deployed to serve entrepreneurs and investors? What are the links between community development finance and enterprise finance?

Moderator

Kenneth Lombard

President, Capri Urban Investors LLC; Partner, Capri Capital Partners LLC

Speakers

Frank Caprio

Managing Director, Chatham Capital

Cathy Dolan

Chief Operating Officer, Opportunity Finance Network

Chris Larsen

CEO and Co-Founder, Prosper

Barry Silbert

Founder and CEO, SecondMarket

Wed 5/4
11:00 am - 12:15 pm

Environmental, Social and Governance Standards: Making Them Transparent for Investors

Traditional metrics were inadequate to alert investors to the risks corporations and banks were facing on the eve of the financial crisis. Since then, calls have grown louder for greater transparency and a better standard of financial reporting - one that takes into account the full gamut of risk, including environmental, social and governance (ESG) factors. It's clear that nonfinancial issues such as carbon output, ethical supply chains and a wide variety of other sustainability concerns can have real financial consequences. International organizations such as the Global Reporting Initiative and the International Integrated Reporting Committee argue that we need a global reporting framework that integrates ESG factors with financial capital in a standardized way on the balance sheet. Novo Nordisk, American Electric Power and Bovespa, the Brazilian Stock Exchange, already see the value of integrated reporting. What are the next steps for implementing ESG reporting more widely? Can a greater understanding of these risk factors prevent future financial crises?

Moderator

Jane Madden

Executive Vice President, CSR and Sustainability, Edelman

Speakers

Susan Blesener

Director, Corporate Accountability, Novo Nordisk

Jared Carney

Executive Director, Program Development and Marketing, Milken Institute

Kathy Nieland

U.S. Sustainability and Climate Change Leader, PwC

Kirsten Thorne

Senior Policy Advisor, Chevron Corp.

Mike Wallace

Director, Focal Point USA, Global Reporting Initiative

Wed 5/4
11:00 am - 12:15 pm

Fixing the U.S. Housing Market: Does the American Model Make Sense?

Our annual big-picture take on the housing market will include a look at current conditions and forecasts for housing prices, foreclosures and sales trends. But we'll also step back and take the long view. How do we really fix the housing market so it's sustainable? We'll examine other countries whose markets are more stable (such as Canada and Australia), and consider what they're doing right. What makes one housing finance model less susceptible to volatile cycles than another? Should the U.S. move toward a securitization model that favors covered bonds? What do other countries do (if anything) to promote homeownership as opposed to renting? Should the U.S. eliminate non-recourse loans or the mortgage tax deduction? What should be the role of GSEs such as Fannie and Freddie?

Moderator

Rick Newman

Chief Business Correspondent, U.S. News & World Report

Speakers

Jared Bernstein

Chief Economist to Vice President Joe Biden

Larry Mizel

Chairman and CEO, MDC Holdings Inc.

Lewis Ranieri

Chairman, Ranieri Partners LLC; Founder, Hyperion Private Equity Funds

Tad Rivelle

Chief Investment Officer, Fixed Income, Trust Company of the West

David Zervos

Managing Director and Chief Market Strategist, Jefferies & Co. Inc.

Wed 5/4
11:00 am - 12:15 pm

Global Institutional Investors

Although the first sovereign wealth fund was established in the 1950s, it was only during the past decade that this investor class dramatically expanded in number of funds, capital, and - most notably - influence and power. In aggregate, the world's sovereign wealth funds control approximately $3.5 trillion in assets. Though all have the same basic objective of maximizing long-term return while taking an acceptable amount of risk, SWFs differ widely in their structures and investment parameters. This panel will focus on the lessons that emerging SWFs are learning from their predecessors. Topics will include whether structural or asset allocation changes should be considered, how SWFs differ from public and corporate pension funds, the extent to which managers should focus on investing in-country versus globally, and what investment criteria today's SWFs are applying.

Moderator

Patrick Mitchell

Senior Managing Director and Portfolio Manager, Guggenheim

Speakers

Jerry Burnett

Deputy Commissioner for Treasury, Alaska Department of Revenue

Mark Cutis

Chief Investment Officer, Special Situations, Abu Dhabi Investment Council

Drosten Fisher

Principal, Monitor Group

Garry Hawker

Regional Director, National Funds, Mercer

Karin Lissakers

Director, Revenue Watch Institute

Wed 5/4
11:00 am - 12:15 pm

International Education

By looking at their most profitable international education business opportunity in recent years, panelists will enrich our understanding of the business landscape and the strategies they used to succeed. Each panelist will be asked to outline their most compelling market opportunity or problem, their business strategy, the challenges they faced and met, and the result of their initiative. At the close of these vignettes, the audience will be invited to ask questions. The panel will close with final reflections from each panelist summarizing the key lessons from these real-world examples.

Moderator

Kelly Flynn

Managing Director and Senior Education Analyst, Credit Suisse

Speakers

Andrew Fitzmaurice

CEO, Nord Anglia Education

Peter Maslen

CEO, Knowledge Universe

Terry Nealon

Executive Vice President, International Markets, Houghton Mifflin Harcourt

Fernando Reimers

Ford Foundation Professor of International Education, Harvard University

John Woodward

Group CEO, Busy Bees

Wed 5/4
11:00 am - 12:15 pm

Making the Grade: New Tools for Evaluating PE Strategies and Managers

In the wake of the financial crash, investors need to re-examine the way they evaluate private equity strategies and PE fund managers. As investors increasingly adopt more sophisticated data-driven approaches to measure the risks and return of specific approaches and identify the top PE strategies and managers, they need a new set of tools to differentiate between the true top performers and the managers who cannot duplicate superior results. How does this affect investment behavior and the prospects of different PE strategies? Can PE fund managers hide behind claims of "superior absolute returns" over the life of one or two funds when the data shows that cyclical or market factors could have had a misleading positive impact? How can investors parse out truly superior strategies and great execution from historical data?

Moderator

Scott Gallin

Managing Director, PineBridge Investments

Speakers

James Dunn

Vice President and Chief Investment Officer, Wake Forest University

Tom Keck

Partner, StepStone

Samuel Tang

Co-Founder and Principal, Montauk TriGuard

John Watkins

Managing General Partner, M/C Venture Partners

Wed 5/4
11:00 am - 12:15 pm

Milken Institute Israel Center Private Meeting
By invitation only

Moderator

Glenn Yago

Executive Director, Financial Research, Milken Institute

Wed 5/4
12:15 pm - 2:15 pm

Lunch Panel
Gary Becker and Mike Milken on the Marketplace of Ideas

Nobel laureate Gary Becker is recognized as one of the world's most influential scholars. With a unique combination of rigor and intellectual fearlessness, he has tackled topics like racial discrimination, the economic motivations behind crime, human capital, time allocation, fertility and the legalization of drugs. As economist Steven Levitt recently commented, "He has come up with the big ideas that have changed how we look at the world." A perennial favorite with Global Conference audiences through the years, Becker will join Institute chairman Mike Milken to explore the themes running through a lifetime of groundbreaking work.

Interviewer

Michael Milken

Chairman, Milken Institute

Speaker

Gary Becker

Nobel Laureate; Professor of Economics and Sociology, University of Chicago

Wed 5/4
2:30 pm - 3:45 pm

Creating the Classroom of the 21st Century

Technology has made great strides in building cutting-edge learning tools, and new government-funded education initiatives have taken effect. But in classrooms across America, what is being done to create a true personalized learning environment? Are students becoming more engaged in their day-to-day classroom experience? How will proposed changes and new innovations transform the learning process? In an era of data-driven decision making, what are the critical elements every school must be able to address in order to enhance the student experience? This panel discussion will explore how technology and public policy improvements can help establish an ideal learning environment for K-12 education.

Moderator

Ronald Packard

Chairman and Founder, K12 Inc.

Speakers

Judy Elliott

Chief Academic Officer, Los Angeles Unified School District

Robert Neu

Superintendent, Federal Way Public Schools

Kal Raman

CEO, GlobalScholar

David Wu

Assistant Superintendent and Chief Information Officer, Hawaii Department of Education

Wed 5/4
2:30 pm - 3:45 pm

Creative Models for Economic Development: Lessons From Israel

Israel is dealing with many of the challenges that other nations confront, but they are highly concentrated and powerfully refracted in a small, diverse and complex country. As a result, Israel has become something of a beta site for global solutions. Its leaders are attempting creative solutions to issues such as scarcity of water and other resources, uneven regional development, agricultural technology and health services. Along the way, they've encountered great opportunities for building human capital, preserving cultural heritage and deploying new technologies. Using case studies from the Milken Institute's own work, this panel will discuss the need for innovative interfaces of government, private initiative and investment, and strategic philanthropy. Many of the lessons learned in this dynamic laboratory for economic, social and environmental change will have resonance around the globe.

Moderator

Glenn Yago

Executive Director, Financial Research, Milken Institute

Speakers

Karnit Flug

Director, Research Department, Bank of Israel

Eran Heimer

Senior Deputy Accountant General, Ministry of Finance, State of Israel

Carl Kaplan

Managing Director, Koret Israel Economic Development Funds

Brent Lane

Director, Center for Competitive Economies, Kenan-Flagler Business School, University of North Carolina

Steven Zecher

Project Finance Research Advisor, Koret-Milken Institute Fellows Program/Milken Institute Israel Center

Wed 5/4
2:30 pm - 3:45 pm

Global Financing Meets Hollywood Filmmaking
By invitation only

Everybody knows that film production is mobile: If Shreveport, La., can stand in for Santa Monica in "Battle: Los Angeles," it's clear that location isn't everything. Multiple factors influence where a motion picture is filmed - and one of the most important determinants is the ability to arrange financing. This private, off-the-record session will discuss mechanisms for producers, agents and executives to develop and channel film funding and potentially keep it closer to home. Key figures in film production, finance and deal-making will analyze the pressures they face in seeking financing from overseas and in various states; ways to solidify and market the advantages of filming in different locales; and strategies to effectively tap innovative funding sources.

Moderator

Kevin Klowden

Managing Economist and Director, California Center, Milken Institute

Wed 5/4
2:30 pm - 3:45 pm

Investor-Led Development in Africa

Is the developed world's system for providing aid to Africa working? In the 50 years since the end of colonialism, wealthy countries have contributed more than $2 trillion in official development assistance, yet so many African nations have failed to thrive. Much of the funding has been wasted, stolen or misused, often to keep corrupt autocrats in power. Systemic reform is overdue, but what's the best approach? One emerging concept is to facilitate a much greater degree of coordination between investors seeking opportunities, host governments trying to attract private capital and international aid agencies seeking to ensure development aid is spent on projects that will achieve measurable results. Does this approach increase the potential for success? Could it increase Africa's attractiveness to investors? Can the public interest be served while also improving potential returns for investors? This session will explore concepts for improving the aid system.

Moderator

Yaw Nyarko

Co-Director, Development Research Institute, NYU

Speakers

Amina Salum Ali

African Union Ambassador to the United States

Mauro De Lorenzo

Vice President, Freedom and Free Enterprise, John Templeton Foundation

Oscar Kashala

President, Union for the Rebuilding of Congo

Kola Masha

Managing Director, Doreo Partners

Joe Sive

Chairman and CEO, African Investment Fund

Wed 5/4
2:30 pm - 3:45 pm

New Risk Management Strategies

The market volatility of the past few years has given the financial services community an urgent new focus on risk management. From the home office to the end product, risk management is having a profound influence on the industry's structure as well as the solutions provided to clients. The institutionalization of risk management is resulting in the application of strategy mitigation tactics across the financial services spectrum. Major firms now look beyond diversification in favor of alternative investments and customized and structured solutions as the preferred tools for managing risk. In this panel, we will discuss how the major providers of wealth advice are not only implementing structural risk management practices at the firm level but also in their clients' portfolios.

Moderator

Jon Najarian

Co-Founder, optionMonster.com

Speakers

Jim Lenz

Chief Credit and Risk Officer, Wells Fargo Advisors

John Moninger

Executive Vice President, Advisory and Brokerage Consulting Services, LPL Financial

David Morton

Chief Research Officer and Co-Chief Investment Officer, Foxhall Capital Management

Colbert Narcisse

Chief Operating Officer, Global Investment Strategies and Solutions Group, Morgan Stanley Smith Barney

Wed 5/4
2:30 pm - 3:45 pm

Sports Ownership: The Fantasy and the Facts

For many business leaders, owning a piece of their favorite team can be a dream come true. But once you're actually in the owner's box, is the reality all it's cracked up to be? This panel will bring together some of the world's most respected owners for a firsthand look at the business of sports. Professional teams have become extremely complex, multinational organizations with valuations that can run in the billions. Do the perks of ownership outweigh the costs of public scrutiny and second-guessing by the media? Do investment opportunities exist at the major and minor league levels? Our panel will provide an insider's perspective - and a few fun stories - that might give you a new outlook on that cherished dream of investing in your favorite franchise.

Moderator

Rick Horrow

CEO, Horrow Sports Ventures

Speakers

Mark Attanasio

Managing Partner, Crescent Capital Group; Chairman and Principal Owner, Milwaukee Brewers Baseball Club

Peter Guber

Chairman and CEO, Mandalay Sports Entertainment; Owner and Co-Executive Chairman, Golden State Warriors

Steve Tisch

Chairman and Executive Vice President, NY Football Giants

Wed 5/4
2:30 pm - 3:45 pm

Tax Reform: The Impossible Dream

In 1986, the leaders of both political parties joined forces to push through sweeping tax reforms that had been bitterly opposed by powerful interests. These reforms broadened the tax base by reducing a host of preferences, which allowed policymakers to lower marginal tax rates sharply with only modest losses in revenue. But in the decades since, lobbyists have fought back - and with considerable success. The personal and corporate tax codes are again riddled with preferences that erode revenue, distort economic incentives and offend the public's sense of equity. Moreover, the bipartisanship that made reform possible a quarter-century ago is now only a fading memory. This panel will assay the prospects for tax reform in the face of growing demands on the federal budget and deep political divisions over the proper course of government.

Moderator

Peter Passell

Senior Fellow, Milken Institute; Editor, The Milken Institute Review

Speakers

Jared Bernstein

Chief Economist to Vice President Joe Biden

Gina Despres

Senior Vice President, Capital Research and Management Co.

Douglas Holtz-Eakin

President, American Action Forum; former Director, Congressional Budget Office

Mark Weinberger

Global Vice Chairman-Tax, Ernst & Young

Wed 5/4
2:30 pm - 3:45 pm

The Need for Speed: Can Mobile Infrastructure Keep Up With Demand?

As consumers snap up smartphones and tap into tablets, wireless networks are struggling to keep up with the massive increase in Web browsing, gaming, image-sharing, video streaming and downloading. Mobile devices are now one of the chief means for consuming not only Web content but also TV shows, movies and other media. While providers have seen data services as their future, their success is coming home to roost. As current networks grow overloaded, flat-rate pricing is giving way to tiered or usage-based data plans to help wireless providers pay for such improvements as LTE and 4G networks. Does the next generation of mobile technology look viable as an economical content delivery system for either service providers or content companies? Do the new tablets demonstrate that mobile consumption is not just the future but the here and now? Should content providers and distributors help pay for upgrades? Are there examples we can draw on in foreign markets?

Moderator

Lucy Hood

Executive Director, Institute of Communication Technology Management, USC

Speakers

Alex Barkaloff

Executive Producer, Digital Media, Lionsgate

James Citron

President and CEO, Mogreet

Alain Mutricy

Senior Vice President, Portfolio and Device Product Management, Mobile Devices, Motorola Mobility

Jon Vlassopulos

CEO, skyrockit

Joe Weinman

Worldwide Lead; Communications, Media and Entertainment Industry Solutions, Hewlett-Packard

Dan York

President, Content, AT&T

Wed 5/4
2:30 pm - 3:45 pm

What's Next for Clean Tech?

Soaring gasoline prices are sparking renewed investor interest in alternative fuels. But energy efficiency is clearly the hottest trend for 2011, with others being energy products tied to cloud computing and building controls. Scheduling technologies, power electronics and smart grid-oriented products are also on the radar. With investment approaching pre-recession levels, which technologies will win or lose? How will new policies and financing options impact development? Some experts predict a return to early-stage venture investing, as well as greater competition for solar and wind from natural gas. Will this be the year of the IPO? Will the Chinese market be a game-changer for the industry? What will be the near-term effects of the real or perceived scarcity of oil, rare earth elements and other commodities?

Moderator

Betsy Zeidman

Senior Fellow, Milken Institute; Director, Compass Program, Robert F. Kennedy Center for Justice & Human Rights

Speakers

Toby Coppel

Partner, Virgin Green Fund

Desmond King

President, Chevron Technology Ventures

Jeffrey McDermott

Managing Partner, Greentech Capital Advisors

Marianne Wu

Partner, Mohr Davidow Ventures

Wed 5/4
4:00 pm - 5:15 pm

Exporting Entertainment: Global Platforms, Worldwide Audiences

U.S. films and TV series are judged not only on their domestic market, but also on the ability to sell overseas. It's often been said that culture is America's greatest export - but today it's a pretty significant import, too. Ideas are flowing both ways: Foreign films can rack up major U.S. box office receipts, while multiple reality and talent shows, as well as concepts like "The Office," arrived in the U.S. courtesy of international producers. It's no longer just a matter of adding subtitles or dubbing into other languages - today, shows and cable movies might be fully remade and reshot in multiple markets to fit the local context. How does the globalization of entertainment affect business decisions - and creative direction? Are business models keeping up with technology innovations like mobile video streaming platforms? How do international standards of intellectual property protection affect the equation?

Moderator

Dennis Kneale

Senior Correspondent, Fox Business Network

Speakers

Barry Diller

Chairman and Senior Executive, IAC; Chairman, Expedia Inc.

Ariel Emanuel

Co-CEO, WME Entertainment

Janice Min

Editorial Director, The Hollywood Reporter

Terry Semel

Chairman and CEO, Windsor Media

Thomas Tull

Chairman and CEO, Legendary Pictures

Wed 5/4
4:00 pm - 5:15 pm

Sustaining Innovation in Israel: Policy and Finance for Global Competitiveness

In the past several years, the government of Israel has launched innovative mechanisms to strengthen its life sciences industry, overcome oil dependency and sustain its high-tech leadership. Israel's actions in these diverse fields are united by a single theme: a spirit of innovation. To sustain this momentum, Israel needs to innovate from within as well: increase work force participation, decrease social and economic gaps, leverage local assets, build human capital and develop mechanisms for 21st-century governance. Our panelists will discuss recent initiatives to foster strategic planning in Israel, as well as new financing mechanisms and strategies being adopted and developed by Israel to spark greater innovation in health, energy alternatives, agriculture and water. What lessons for other knowledge-based economies can be gleaned from the creative initiatives under way in Israel?

Moderator

Dan Senor

Adjunct Senior Fellow, Council on Foreign Relations; Co-Author, "Start-up Nation: The Story of Israel's Economic Miracle"

Global Conference 2011

Program

Saturday, April 30, 2011

Sat 4/306:00 pm - 9:30 pm

Global Gourmet Games Reception and Dinner By invitation only

Sunday, May 1, 2011

Sun 5/13:00 pm - 8:00 pm

Registration

Sun 5/15:00 pm - 7:00 pm

Global Conference Welcome Reception The Pavilion

Monday, May 2, 2011

Mon 5/26:00 am - 8:30 am

Continental Breakfast Beverly Hills Foyer and Executive Center

Mon 5/26:00 am - 7:30 pm

Registration

Mon 5/26:30 am - 7:45 am

Center for Financial Market Understanding Private Meeting By invitation only

Moderator

Bradley Belt

Mon 5/26:30 am - 7:45 am

FasterCures Private Meeting By invitation only

Moderator

Margaret Anderson

Speakers

Jeffrey Kindler

Andrew von Eschenbach

Mon 5/26:30 am - 7:45 am

Monday Morning Meditation With Radhanath Swami

Speaker

Radhanath Swami

Mon 5/28:00 am - 9:15 am

The Promise of Medical Science

Moderator

Michael Milken

Speakers

Elizabeth Blackburn

Susan Desmond-Hellmann

Sean Harper

James Watson

Mon 5/28:00 am - 9:15 am

The Shape of Things to Come: Understanding the New Global Economy

Moderator

Jared Carney

Speakers

Mohamed El-Erian

Scott Minerd

Laura Tyson

Ruben Vardanian

Mon 5/29:30 am - 10:45 am

Emerging Markets: Can the New Engines of Growth Become Global Financiers?

Moderator

Komal Sri-Kumar

Speakers

Filippo Cipriani

Peter Dattels

Nathan Sandler

Laura Tyson

Ruben Vardanian

Mon 5/29:30 am - 10:45 am

K-12 Education Reform: Ensuring American Students Remain Competitive

Moderator

Lowell Milken

Speakers

Craig Barrett

Eli Broad

Jeb Bush

Allan Golston

Randi Weingarten

Mon 5/29:30 am - 10:45 am

Slowing Climate Change: Plan B

Moderator

Peter Passell

Speakers

Linda Cohen

Jae Edmonds

Robert Hahn

Bjorn Lomborg

Mon 5/29:30 am - 10:45 am

The Aerospace Industry: The Last Great American Manufacturing Export?

Moderator

Sat 4/30
6:00 pm - 9:30 pm

Global Gourmet Games Reception and Dinner
By invitation only

Sun 5/1
3:00 pm - 8:00 pm

Sun 5/1
5:00 pm - 7:00 pm

Global Conference Welcome Reception
The Pavilion

Mon 5/2
6:00 am - 8:30 am

Continental Breakfast
Beverly Hills Foyer and Executive Center

Mon 5/2
6:00 am - 7:30 pm

Mon 5/2
6:30 am - 7:45 am

Center for Financial Market Understanding Private Meeting
By invitation only

Mon 5/2
6:30 am - 7:45 am

FasterCures Private Meeting
By invitation only

Mon 5/2
6:30 am - 7:45 am

Mon 5/2
8:00 am - 9:15 am

Mon 5/2
8:00 am - 9:15 am

Mon 5/2
9:30 am - 10:45 am

Mon 5/2
9:30 am - 10:45 am

Mon 5/2
9:30 am - 10:45 am

Mon 5/2
9:30 am - 10:45 am

Mon 5/2
9:30 am - 10:45 am

Mon 5/2
9:30 am - 10:45 am

Mon 5/2
9:30 am - 10:45 am

Mon 5/2
9:30 am - 10:45 am

Mon 5/2
9:30 am - 10:45 am

Mon 5/2
10:00 am - 10:30 am

Book Signing
Dr. Arthur Agatston, The South Beach Diet Supercharged and The South Beach Heart Health Revolution

Mon 5/2
10:30 am - 11:00 am

Book Signing
Peter Guber, Tell to Win: Connect, Persuade and Triumph with the Hidden Power of Story

Mon 5/2
11:00 am - 11:30 am

Book Signing
Nouriel Roubini, Crisis Economics: A Crash Course in the Future of Finance

Mon 5/2
11:00 am - 12:15 pm