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Panel of Financial Experts to Speak on the Current State of Capital Markets at QC Business Forum
Untitled Document


Phyllis Cohen Stevens
Deputy Director of News Services

(718) 997-559

Maria Matteo
News Assistant
(718) 997-5593


-- Effect of Financial Collapse and Increased Debt on America’s Creditworthiness, Treasury Bond Investment and Cost of Funding Businesses Among Issues to be Discussed --

WHAT: Queens College Business Forum/
WHO: Panelists:
David Levey, former managing director of Moody’s and writer for Business Week, has over 20 years’ experience in assessing credit risk and debt ratings for investment in foreign countries.
Evan Russo, managing director of Corporate Finance & Capital Markets Group at Lazard Freres
(QC class of 1995)
Diane Coogan-Pushner, former managing director at Swiss Re and distinguished QC lecturer in Economics
WHEN: Informal breakfast begins at 8 am
Formal program 8:30–10 am
Seating is limited and registration required: 718-997-5210 or

WHERE: Queens College, 65-30 Kissena Boulevard, Flushing
Student Union, 4th Floor
For directions, go to


For decades, the U.S. has held a AAA credit rating, with U.S. Treasury bonds being viewed as a safe haven for investment funds worldwide. However, the collapse of this country’s financial system and the surge in the national debt have called into question the creditworthiness of the U.S. Credit default swaps on U.S. debt have now become an active market, with the reassurances by government officials serving only to validate the possibility that U.S. Treasury bonds are no longer risk-free. Have the capital markets already recognized a downgrade? How would a downgrade impact the availability and cost of funding for corporations, from the bond market to the availability of trade credit? And what does this mean for the business community? These are some of the questions this panel will address.

The Queens College Business Forum was launched in the fall of 2005. Sponsored by the Queens Borough President’s Office, the Queens Chamber of Commerce, Chase, Con Edison, Farrell Fritz, PricewaterhouseCoopers, and the Times Ledger, the forum acts as a catalyst within the diverse areas of Queens, bringing together the business community, local government, academia, and students to provide an opportunity for “town and gown” to interact. Influential leaders in a number of fields serve as keynote speakers at a series of breakfast lectures, touching on issues vital to the Queens business community. The forum’s theme, “Queens: A Catalyst for Success,” is reflected in the subject matter of the seminars. Each forum fosters discussions that provide insight on how local businesses are seizing opportunities and profitably adapting to changes in business and regulatory conditions.


 Office Information

Deputy Director of News Services
(Position vacant)

(718) 997- 5597

Maria Matteo
Assistant Director of News Services
Queens Hall, Room 270B
(718) 997-5593

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