Fiduciary Responsibility in the Wake of Madoff

As the second call in a four-part series, this conversation will build on the risk management framework established in the first call and focus more specifically on fiduciary issues arising from the alleged Madoff fraud from a legal and investment policy perspective. Topics to be discussed include: an Investment Committee’s charter, the prudent investor standard, delegation of responsibility to outside advisors, conflict of interest policies, and action being considered by state attorney’s general in the Madoff case. The call will be moderated by Michael Gelman, UJC’s Treasurer. Speaking on the call will be Scott Harshbarger, Senior Counsel, Proskauer Rose LLP; Alan Leifer, Chair, Investment Committee of American Jewish Joint Distribution Committee; Member, Board of Managers Combined Jewish Philanthropies of Greater Boston; Michael Stolper, General Partner, Veritable Investment Consultants.

As this is an operator assisted conference call, please call in 10 minutes before the start of the call using the following information. There will be time for questions and answers on the call. MP3 audio files of all calls in this series will be posted on the UJC site. The call is open to all interested.

Date: Thursday, March 5, 2009, 11:00 a.m. EST
Dial-In Number: 888-459-5609
Israel Dial-In Number: 1-809-245-917
Passcode: 84810749