The Financial Women's Association Of San Francisco
and the CFA Society
Presents

"Rethinking Credit"

An Industry Leadership Series Event
featuring
Stephen Kealhofer– Managing Principal, Diversified Credit Investments LLC
on
Wednesday, May 20th

The Financial Women's Association in conjunction with the CFA Society invites you to a lunch program featuring Stephen Kealhofer, Managing Principal of Diversified Credit Investments LLC. An expert in both credit and risk assessment, Dr. Kealhofer will discuss the current credit crisis, a rationalization of its roots and evolution since the 1930s, and posit some potential reforms for future growth. Dr. Kealhofer will explore the following questions:

• Why did banks and other businesses use such high levels of leverage?
• What role did derivatives - particularly credit derivatives - play in the crisis?
• Given what went wrong, what reforms make sense?

About the Speaker

Stephen Kealhofer is the Managing Principal of Diversified Credit Investments in San Francisco, where he is responsible for Research and Strategy Development. DCI is an institutional fund manager focused on global corporate credit. Prior to founding DCI in 2004, Kealhofer was the long time managing partner of KMV, where he was in charge of research and product development. KMV is a provider of default probabilities and credit portfolio management tools to the financial industry; it was sold to Moody's in 2002.

Stephen began his career teaching finance at the Graduate School of Business at Columbia University and at the Haas School at the University of California, Berkeley. He attended Macalester College (BA Economics 1976) and Princeton University (PhD Economics 1983).

REGISTRATION

R.S.V.P. Deadline: Limited spots, and sign up is first-come, first-serve

There are 5 ways to pre-register:

1. Register online. Online registration is now closed.

2. Print and mail the following form to FWA, P.O. Box 26143, San Francisco, CA 94126
  
3. Print and fax the following form to 415-586-6606
  
4. Send an email to
 
5. Call Rhoda Singer at (415) 586-8599

Refund Policy:  We are unable to issue refunds unless the refund request is received 72 hours prior to the event.

cut here "Rethinking Credit" Wednesday, May 20th, from 11:30 AM - 1:30 PM
Yes, I am attending  event and will/will not bring a guest (s). Total number in attendance:______
Name:	_______________________	Telephone:	______________
	FWA Member CFA Member Non Member	Company:	______________
Other Attendee:	_______________________	Telephone:	______________
	FWA Member CFA Member Non Member	Company:	______________
Other Attendee:	_______________________	Telephone:	______________
	FWA Member CFA Member Non Member	Company:	______________
Cost:  Members - $40; Non-members and guests - $60
Payment enclosed $  ____ Check    Visa/MC #_________________Exp:  ____
Credit Card Billing Address:   ___________________________________
__________________      _____      ______
Signature: ________________________________________________
Return to: FWA, P.O. Box 26143, San Francisco, CA 94126 or fax (415) 586-6606  For any questions regarding the above program call (415) 586-8599 or email cut here