Credit Rating Agencies and the Next Financial Crisis

September 30, 2009

Panel 1

Mr. Ilya Eric Kolchinsky (testimony)

Former Managing Director

Moody's Investors Service

Mr. Richard Cantor (testimony)

Chief Risk Officer

Moody's Investors Service

Panel 2

Senator Alfonse D'Amoto (testimony)

Former Chairman

Senate Committee on Banking

Mr. Floyd Abrams (testimony)

Cahill Gordon & Reindel, LLP

Mr. Eric Baggeson (testimony)

Senior Investment Officer, Global Equities

CalPERS

Dr. Lawrence J. White (testimony)

Leonard N. Stern School of Business

Oversight & Government Reform