• The Financial Crisis with Robert Hormats, Vice Chair, Goldman Sachs

    May 19 2008, 18:30 - 18:30
    Location: AmCham France

    Sub-prime debacle, credit crunch, falling dollar, bank failures…. It seems like every day there is more bad news.  However, recently commentators have started seeing signs of hope that the worst is over.   Is this true, or is there more to come?   Robert Hormats, one of the top executives of a firm that weathered the storm remarkably well, is well placed to discuss this both from his present position and his long experience within the US government and academia. 

    Mr. Hormats has been Vice Chairman of Goldman Sachs International since 1987, after having served from 1982-1987 as Vice President for international corporate finance.  Before joining Goldman he was a presidential economic advisor, served at the State Department as assistant secretary of state for economic and business affairs (1981-82), ambassador and deputy U.S. trade representative (1979-81), and senior deputy assistant secretary for economic and business affairs (1977-79).  He was on the staff of the National Security Council from 1969 to 1977.  Mr. Hormats has been a guest scholar at the Brookings Institution, is on the board of the Council of Foreign Relations, and is a visiting lecturer at Princeton University.  A prolific author and media commentator, he has received numerous awards, among them the French Legion of Honor and the Arthur Flemming award as outstanding US government official.

     AmCham members, media, association heads and government officials free, Guests: € 20