3 November 2006 – LAWFUEL – Legal News, Legal Jobs – Stoddard interviews Greenspan regarding the U.S. and global economy at Commercial Finance Association Conference – Washington, D.C. – Mayer, Brown, Rowe & Maw partner Marshall Stoddard Jr. recently interviewed former Federal Reserve Board Chairman Alan Greenspan at a national financial industry conference, eliciting a wide range of views on the economy and international affairs. And the interview demonstrated that even though he’s retired, when Alan Greenspan talks, the financial markets listen.
While providing what the Chicago Tribune characterized as “a generally upbeat view of the U.S. economy,” Greenspan roiled the currency markets with his comments that the U.S. dollar stands to lose ground to the euro among central banks. His comments were seen as contributing the October 26th fall of the dollar against major currencies.
The discussion was conducted as part of the 62nd Annual Commercial Finance Association Convention in Washington D.C., attended by more than 1,450 financial and service industry executives.
The Commercial Finance Association (CFA) is the trade group of the asset-based financial services industry, with members throughout the U.S., Canada and around the world. The annual conference is a three-day event where attendees hear from well-known speakers, learn from industry veterans at educational programs and network.
Stoddard has been involved with the CFA for more than 30 years and was selected to conduct the Greenspan interview by CFA executive director, Bruce Jones. CFA’s executive committee members and Stoddard generated questions for the interview. Publications such as the Financial Times, Chicago Tribune and Wall Street Journal noted Mr. Greenspan’s remarks during the convention and Stoddard received acclaim and praise for his interview.
Stoddard currently serves as chairman of the CFA education foundation, Inc., a publicly supported establishment created to sustain educational and research programs for the asset-based financial services industry. The foundation is funded primarily through grants and contributions from industry service providers.