What to Expect and How to Prepare

Our Program:
During this complimentary briefing our panelists discuss the recently-enacted Financial Crisis Inquiry Commission - an independent body established to examine the causes of the current U.S. financial and economic crisis. The '9/11-style' independent commission is charged with a broad-ranging investigation that is certain to result in rigorous investigations of financial institutions. What should you expect and how should you prepare if the commission turns its attention to your firm? Our panelists will review the commission's investigative mandate; its authorities to compel document production and testimony; how commissioners are to be chosen; how the commission will be staffed; what is expected in its final product: a report due on December 15, 2010; what the commission could mean for financial regulatory reform and what steps your organization should take now to prepare.

Our Panelists:
Mark F. Oesterle - Chief Republican Counsel and Deputy Chief of Staff, U.S. Senate Committee on Banking, Housing and Urban Affairs.

Michael Bopp - Chairs Gibson Dunn's Financial Services Crisis Team and Co-Chairs the Public Policy Group; practices within the firm's White Collar Defense and Investigations and Crisis Management practice groups. Mr. Bopp is a former Staff Director and Chief Counsel of the Committee of Homeland Security and Governmental Affairs. He has led or played a key role in major investigations in both the Senate and House of Representatives. He has developed the strategy and set the agenda for dozens of investigations, conducted more than 100 depositions or witness interviews, managed dozens of subpoenas and massive document discovery efforts, and orchestrated more than 100 committee hearings.

Mel Levine - Co-Chairs Gibson Dunn's Public Policy Group; served as a member of Congress for 10 years, where his committee assignments included the Committees on Government Reform, Foreign Affairs, Judiciary and Resources. Mr. Levine provides counsel to U.S. and foreign companies whose businesses are affected by federal, state, local or foreign governments. In counseling clients at the federal level, Mr. Levine's practice includes assisting clients in all aspects of legislative advocacy before the United States Congress, including the development and implementation of strategy for enacting, modifying, or defeating federal legislation, preparing clients to testify before Congressional committees, and the relationship between legislative and executive branch advocacy.

John F. Olson - Founding partner of Gibson Dunn's Washington, D.C. office; has extensive experience representing organizations on corporate governance, securities, finance and merger and acquisition matters. Mr. Olson has represented firms and individuals in defense of Securities and Exchange Commission and other governmental investigations. He also counsels many boards of directors and board committees regarding conducting internal investigations, governance issues, assessing shareholder litigation and responding to business combination proposals. Mr. Olson served as the American Bar Association's Chair of the Business Law Section's Committee on Corporate Governance and Chair of the ABA's Committee on Federal Regulation of Securities. He is also former Chair of the ABA's Task Force on Regulation of Insider Trading, former member of both the Legal Advisory Committee of the New York Stock Exchange and the Legal Advisory Board of the National Association of Securities Dealers. He was a Founding Trustee of the American College of Investment Counsel. In 1987 Mr. Olson served on a select committee of leading securities lawyers, appointed by the chairman of the Senate Banking Committee, which drafted insider trading legislation introduced in the U. S. Congress.

Cantwell F. Muckenfuss III - Senior Financial Institutions Partner in Gibson Dunn's Washington, D.C. office, representing financial institutions in matters involving financial regulation and public policy. Mr. Muckenfuss served as the Senior Deputy Comptroller for policy at the Office of the Comptroller of the Currency and Special Assistant to the Director and Counsel to the Chairman of the Federal Deposit Insurance Corporation. He received the Department of the Treasury Special Achievement Award, and was awarded the Presidential Rank Award. He is a founder, member and Chairman of the Board of Directors of City First Bank of D.C., N.A., a community development bank in Washington, D.C. He is also Chairman of the Board of City First Enterprises, Inc., the non-profit controlling shareholder of City First Bank. He is currently a Clinical Visiting Lecturer in Law at Yale Law School.

Receive Continuing Legal Education Credit

Questions regarding CLE credit, please contact Jeanine McKeown at 213-229-7140 or jmckeown@gibsondunn.com.

For other questions regarding this webcast presentation, please contact Jeanne Brown at pjbrown@gibsondunn.com.