Global Financial Luminaries Convene Inaugural World Economy Conference

  1. Saturday, September 6, 2008 17:00 EST
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WASHINGTON, Sept. 6 /PRNewswire-USNewswire/ -- Former Treasury Secretary John Snow, will lead some of the most experienced minds in world finance as they examine crucial economic issues at play on the global economic stage. The inaugural Mortimer Caplin Conference on the World Economy is entitled The New Financial Architecture: A Global Summit.

Hosted at the University of Virginia's Miller Center in Charlottesville, former finance ministers from various countries will gather to address topics, including: financial forecasting in light of population changes, resources, and economic growth; navigating the causes and solutions to today's most pressing concerns, including the sub-prime fallout and the inflation spike dilemma; and the debut of a new class of investments like sovereign wealth funds.

"We live in a time of unprecedented interconnectedness. Events that affect one country and its economic welfare affect the entire world," said Mortimer Caplin, the founding member of Caplin & Drysdale and the conference namesake. "It's in the spirit of such cooperation that these countries from all over the globe are represented here to help move us closer to real solutions," added Caplin.

The Mortimer Caplin conference was born out of the realization that globalization of the 21st century comes with both significant challenges and responsibilities, and the need to strengthen existing alliances while creating new ones.

"These leaders have a formidable task in their hands," said Caplin. "But we've created an environment where they can fully bring their talent and skill and offer frank, candid opinions and advice that will lead us to a better place."

The primary objective of the conference is to create a stable world economy.

About Mortimer Caplin

Mortimer Caplin, renowned lawyer and educator, is the founding member of Caplin & Drysdale, one of the nation's leading law firms specializing in tax, litigation and other practices. Before he founded Caplin & Drysdale, Caplin served on the Task Force on Taxation and as a U.S. Commissioner of Internal Revenue during President Kennedy's administration. He holds both his B.S. and LL.B. degrees from University of Virginia and Doctor of Juridical Science degree from New York University. Visit http://www.capdale.com/ for more information on Mortimer Caplin or Caplin & Drysdale.

About the Miller Center

The University of Virginia's Miller Center of Public Affairs, is a leading nonpartisan public policy institution that serves as a national meeting place where engaged citizens, scholars, students, media representatives, and government officials gather in a spirit of consensus to research, reflect, and report on issues of national importance to the governance of the United States, with special attention to the central role and history of the presidency. Former Treasury Secretary John Snow is the Center's Newman Visiting Fellow. For more information on the Miller Center, visit http://millercenter.org/.

Copyright 2008 PR Newswire. All Rights Reserved

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