Stephen Friedman, Gene Sperling

America and the Global Economy
76 minutes, 35.1mb, recorded 2007-07-06
Topics: Government
Gene B. Sperling, Stephen Friedman

With globalization an economic reality that won't go away, whoever is elected as the next U.S. president will require knowledge and skill in meeting and making change. In this panel discussion, Stephen Friedman, chairman of the President's Foreign Intelligence Advisory Board, argues that while all is not gloomy, with millions of people being lifted out of poverty everyday around the world and unemployment at a low, there are, nonetheless, significant challenges facing the president-elect. Gene B. Sperling, an American economist and political expert, argues that regardless of who takes the seat in Washington, he or she will need to balance their partisan values against hearing the other side of the debate if they are to formulate sound policy.

Gene B. Sperling is an American economist and political expert, currently serving as a senior fellow at the Center for American Progress. He is on the staff of the Council on Foreign Relations, where he serves as senior fellow for economic policy and director of the Center on Universal Education. He was also a consultant for the television series The West Wing.

Stephen Friedman is the chairman at Stone Point Capital LLC, which manages private equity funds investing in financial services businesses. He is chairman of the President’s Foreign Intelligence Advisory Board and chairman of the Intelligence Oversight Board. The retired chairman of Goldman Sachs, Friedman has also served as assistant to President George W. Bush for economic policy and director of the National Economic Council. A graduate of Cornell University and Columbia University Law School, he is a board member of the Goldman Sachs Group and Memorial Sloan-Kettering Cancer Center and the chairman of Harbor Point Re, a Bermuda-based reinsurance company.

Robert D. Hormats
is vice chairman of Goldman Sachs International and a managing director of Goldman Sachs & Co. Hormats has served as U.S. assistant secretary of state for economic and business affairs, ambassador and deputy U.S. trade representative, and senior deputy assistant secretary for economic and business affairs at the U.S. Department of State. He was a senior staff member on the National Security Council and senior economic advisor to national security advisors Henry Kissinger, Brent Scowcroft, and Zbigniew Brzezinski. Hormats has received the French Legion of Honor and Arthur Fleming Award. He is a member of the Council on Foreign Relations, the Board of Visitors of the Fletcher School of Law and Diplomacy, and the Dean’s Council of Harvard’s John F. Kennedy School of Government.

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