The Paradox of Deleveraging

March 20, 2009 - March 20, 2009
past event image
Corporate Program past event

Please note that registration for this event is closed.


left to right: Paul McCulley, Deryck Maughan.

Massive global deleveraging has driven developed economies into one of the most severe recessions since World War II, and the baseline forecast for 2009 is a continuation of that gloomy scenario. Tracking macroeconomic variables has become less important than understanding global economic linkages and policy responses, and we are no longer muddled in a debate over hard landings or soft landings for the economy. PIMCO’s Paul McCulley shares his views on root causes of the deleveraged global economy and the path he envisions to economic recovery.

Paul McCulley
, Managing Director, Pacific Investment Management Company (PIMCO)

Deryck Maughan,
Partner, Kohlberg Kravis Roberts & Co.; Chairman, KKR Japan; Director, Japan Society


12-12:30 pm Registration & reception
12:30-1 Luncheon
1-2 Lecture and Q&A

Admission: Corporate members are entitled to a designated number of free admissions to this event, based on their company’s current membership level. These reservations must be made at least 48 hours prior to the event. Additional corporate registrants and Japan Society individual members at the Patron Circle level and above pay the discounted corporate member rate of $45 for lunch and lecture, $10 for lecture only. Nonmember admission: $65 for lunch and lecture, $15 lecture only. The academic and government admission rate is $30 for the luncheon and $10 for lecture only. When payment is required, prepayment must be made, or registration secured, with a credit card. All registrations and cancellations must be made at least 48 hours prior to the event. Substitutions are welcome.

For information only, please contact the Corporate Program at 212-715-1208.

  • Mar 20, 2009 at 1:00 pm