NAST 2010 Annual Conference

Preliminary Program

Saturday, August 21, 2010
6:00 p.m.	Treasurers Only Dinner
8:30 - 9:30 p.m.	Welcome Reception for Early Arrivals
Sunday, August 22, 2010
7:00 a.m.	NAST Foundation Event (Separate registration required) Choice of: * Golf Scramble * Spa * Tennis
12:30 p.m.	Treasurers Working Lunch (closed meeting)
2:00 p.m.	Legislative Committee Presiding: Hon. Nancy K. Kopp, Chair and Maryland State Treasurer
3:00 p.m.	Long Range Planning Committee Presiding: Hon. Jeb Spaulding, Chair and Vermont State Treasurer
4:00 p.m.	NAST Executive Committee Presiding: Hon. James B. Lewis, President and New Mexico State Treasurer
6:00 p.m.	"Sweet Virginia Breeze" Opening Conference Reception & Dinner at Colonial Williamsburg Lodge A warm welcome awaits you at the opening conference event! Experience Virginia’s hospitality at its best during this special wine dinner featuring the Commonwealth’s finest recipes with local wine pairings. Listen to the sweet sounds of Virginia and tap a beat to the rhythms of a favorite band.
Monday, August 23, 2010
7:00 a.m.	Conference Breakfast
8:00 a.m.	Opening Ceremonies & Awards Presentation Hon. Manju Ganeriwala, Conference Host and Virginia State Treasurer Hon. James Lewis, NAST President and New Mexico State Treasurer
8:30 a.m.	NAST President’s Forum: Ethics and Transparency in Government Treasurers, staff, and corporate affiliates often find themselves operating in a context of complex and competing ethical standards. Individuals are required to comply with standards issued by many sources including Congress, state legislatures, governors, board trustees, and corporate boards of directors. In order to provide transparency, it is critical that everyone has an understanding not only of how they must fulfill these standards, but also how compliance issues impact their colleagues as well. Moderator: Hon. James B. Lewis, NAST President and New Mexico State Treasurer Speaker: Jeanna Cullins, Principal, Ennis, Knupp & Associates, Inc.
9:15 a.m.	The Economic Behemoth - A Futurist's View of the Economy Despite dire warnings for the last 18 months about recession and economic collapse, the U.S. economy has chugged along, albeit slowly. Hear about what got us here as well as a forecast concerning sectors that will grow and those that will become obsolete in an economy that is labeled by many as “too big to fail,” but one that is certainly not “too big to radically change.” Moderator: Hon. Jeb Spaulding, Vermont State Treasurer Speaker: Dr. Lowell Catlett, Professor, Dean and Chief Administrative Officer, College of Agricultural, Consumer and Environmental Sciences, New Mexico State University
10:00 a.m.	Break
10:15 a.m.	Views of a Political Analyst on the Upcoming Elections Moderator: Hon. Catherine A. Provencher, New Hampshire State Treasurer Speaker: Amy Walter, Editor-in-Chief, The Hotline
11:15 a.m.	Economic Outlook and Trends – Time to Make Lemonade When the economy hands you lemons, make lemonade. The national and global economy took a drastic downturn in the last several years that resulted in an equally drastic impact on state economies. This session will explore an array of complex national and global economic challenges and implications that state governments face and then look at possible opportunities and solutions that will help drive us forward. Moderator: Hon. Kate Marshall, Nevada State Treasurer Speaker: Alan Krueger, Assistant Secretary for Economic Policy, United States Department of the Treasury
12:30 p.m.	Conference Luncheon with Speaker Speaker: Hon. Robert F. McDonnell, Governor of Virginia
2:00 p.m.	Treasurers' Innovations Roundtable The nation’s state treasurers exchange information about the newest and most innovative initiatives undertaken in the states to enhance operations and provide better service to their constituents. Presiding: Hon. Kelly Schmidt, North Dakota State Treasurer
4:00 p.m.	NAST Regional Meetings
	NAST Corporate Affiliate Membership Meeting
6:00 p.m.	“A Taste of the Chesapeake Bay” Conference Reception & Dinner at Kingsmill Spend a memorable evening on the banks of the James River while you sample Tidewater fare. At dusk, the sporting activities will begin! Whether you are a golfer or spectator, there will be plenty to see as glow-in-the-dark balls light up the evening sky. Come prepared to participate in the fun and enjoy this picture-perfect setting.
Tuesday, August 24, 2010
7:30 a.m.	Conference Breakfast Honoring the NAST Corporate Affiliates
8:30 a.m.	Opening of Day & Legislative Update Speakers: Hon. Nancy K. Kopp, Maryland State Treasurer (NAST) Hon. W. Daniel Ebersole, Georgia State Treasurer (CSPN) Hon. Shane Osborn, Nebraska State Treasurer (NAUPA)
9:00 a.m.	Pension Crisis – The Future of Retirement Funds As the states have grappled with declining resources to meet their budgets, it has become increasingly clear that much of the states’ fiscal health depends on how well they manage the costs and assets of their public sector retirement funds. Collectively, there is an estimated $1 trillion gap between what the states have promised to pay retirees and the money they have set aside to cover these costs. In confronting the pension crisis, many states are changing their retirement plans and are also re-evaluating their overall asset management. Will defined benefits plans cease to exist in the future? Will there be a shift away from alternative investments to more traditional investing? This session will examine what public pensions may look like in the future. Moderator: Hon. Kelly Schmidt, North Dakota State Treasurer Speakers: Greg Allen, President, Director of Research, Callan Associates Inc. Joseph E. Besecker, Chairman, President and CEO, Emerald Asset Management, Inc. Rumi X. Masih, Managing Director, Head of the Strategic Investment Advisory Group, JP Morgan
10:00 a.m.	Break
10:15 a.m.	Infrastructure Needs and Solutions State finances continue to be challenged, but the basic need for investments in infrastructure continues unabated. Economic conditions require unique approaches that provide deliverable, timely and cost-effective solutions. While public-private partnerships have been around for some time, most initiatives were ad hoc or singular in nature. Some states are trying to capitalize on the benefits of public-private partnerships on a larger scale and are developing innovative solutions to bring a more comprehensive, systematic and ongoing approach to public-private partnerships to help fill the investment gap. These efforts help ensure a more transparent and performance based review process that de-politicizes and professionalizes decision making about new investment decisions and how to better manage existing assets. Moderator: Hon. Richard Mourdock, Indiana State Treasurer Speakers: D. J. Gribbin, Managing Director, Macquarie Capital Joseph Pavona, Director of Public-Private Partnerships, Michigan Department of Treasury Michael Reynold, Assistant Director for Policy, Office of the Governor, Virginia
11:15 a.m.	Banking Crisis and Regulatory Issues, Responsibilities and Opportunities The financial crisis has evoked a plethora of calls for changes in our financial system to stem systemic risk in the future through increased regulation and other measures directed toward increased accountability and responsibility on the part of the financial industry. Questions abound as whether it is better to create stringent new regulations or simply enforce existing regulations to bring order and positive change to the global financial markets. Responding correctly or incorrectly to a crisis can have a global impact. This session will discuss financial regulatory reform efforts and provide insights into how to best reduce systemic risks and promote financial stability. Moderator: Hon. James L. McIntire, Washington State Treasurer Speaker: Martin J. Gruenberg, Vice Chairman, Federal Deposit Insurance Corporation
12:30 p.m.	Conference Luncheon with Speaker Economic Views of an 18th Century Farmer The economic challenges of today will be examined by a gentleman who has experienced nearly 40 years in public office. Hon. Thomas Jefferson
2:00 p.m.	NAST Annual Business Meeting Presiding: Hon. James B. Lewis, President and New Mexico State Treasurer
4:00 p.m.	NAST Foundation Board Meeting Presiding: Hon. Kelly Schmidt, Chair and North Dakota State Treasurer
4:30 p.m.	Caucus Meetings
6:30 p.m.	“An 18th Century Experience” Conference Reception & Dinner at King’s Arms Tavern No trip to Colonial Williamsburg is complete without an authentic 18th Century experience! Step back in time to one of the most important periods in American history and imagine life as our first leaders lived it. After this special dining experience, hear spine-tingling tales during a candlelight walking tour of Williamsburg’s historic past.
8:30 p.m.	Ghost Tour
9:00 p.m.	North Dakota Preview Reception Sample what you will experience at the 2011 NAST Annual Conference in Bismarck.
Wednesday, August 25, 2010
7:00 a.m.	Conference Breakfast