Austin Technology Council - CXO Best Practices: The Financial Crisis - What caused it?

Dec 4 2008 11:00 am
Dec 4 2008 1:30 pm

Apprehension is the word on Wall Street. In 2008, a global economic crisis was suggested by several important indicators of economic downturn worldwide. These included high oil prices, which led to both high food prices and global inflation; a substantial credit crisis leading to the bankruptcy of large US investment banks as well as commercial banks in other nations; increased unemployment; and the possibility of a global recession.
Please join us for the upcoming CxO Best Practice Program on December 4, 2008 that will cover "The Financial Crisis - What caused it?" This and other questions will be addressed including:
•What Will Fix This Crisis?
•How Long Will This Downturn Last?
•What Will the Effect Be on Austin?
•What Should Your Company Do To Defend Itself?
This event will help shape what is to come in 2009 and how to best prepare for the challenges ahead.

Register: www.austintechnologycouncil.org

CHANGE OF LOCATION:
Chez Zee Bistro & Bakery
5406 Balcones
Austin TX 78731
Time: 11am - 1pm
Date: December 4, 2008
Cost: $25 ATC members
$35 non-members
(lunch included)

Sponsored by: Bridgepoint Consulting

Speaker bio:
Kit Webster - Bridgepoint Consulting
Kit Webster has, at various times, been CEO, president and CFO of publicly and privately held companies, primarily focusing on technology. Prior to joining Bridgepoint Consulting, he served as president and CEO of NewsStand, Inc. and president of TippingPoint Technologies. He has over 30 years of senior management experience and possesses a combination of strategic, operational, financial and technical skills. With an entrepreneurial focus, Kit has successfully restructured numerous companies, led mergers, acquisitions and IPOs.
Kit earned a bachelor’s and masters of electrical engineering degrees from Rice University. He has taught a finance course in the MBA program at the University of Texas at Austin and is currently teaching Business Process Excellence in the business school.
Kit has published an Internet-based newsletter covering financial markets since 1995. In 2001, he predicted a “monster bull market” in oil, taking it to all time highs. Earlier this year, with oil at around $125, he predicted its fall to below $76. With the Dow around 13,000, he predicted its descent to 10,600 and said that “we would be very lucky” if the Dow held above 7000.