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Welcome to <strong>the</strong> 2009 Global Conference<br />

Welcome to your conference.<br />

Ideas submitted by many of you helped us plan <strong>the</strong> panels described in <strong>the</strong>se pages. Inspired largely<br />

by concerns about dramatic changes in <strong>the</strong> economic landscape, your input has made this 12th annual<br />

<strong>Milken</strong> <strong>Institute</strong> Global Conference broader, deeper, more global and more topically relevant than ever.<br />

Economic recovery is a major <strong>the</strong>me of this year’s Conference — and so is government, especially in terms<br />

of its growing role as it intervenes to stem <strong>the</strong> crisis. The shift of power from Wall Street to Washington has<br />

a profound effect on policy, not only in finance but also energy, health care/medical research and education.<br />

The Global Conference will explore new ways for <strong>the</strong> private and public sectors to work toge<strong>the</strong>r<br />

effectively in addressing economic and social issues. Various financial panels will discuss such matters as<br />

<strong>the</strong> democratization of capital markets, <strong>the</strong> cycles of financial history (and where we stand today in relation<br />

to previous recessions), <strong>the</strong> ongoing deleveraging of corporate balance sheets, <strong>the</strong> outlook for real estate, <strong>the</strong><br />

health of credit markets, global banking, emerging markets, hedge funds and <strong>the</strong> future of capitalism.<br />

In addition to finance, 100 panels on seven o<strong>the</strong>r tracks will discuss energy security; philanthropy;<br />

leadership lessons from sports; longevity; education; health-care reform; <strong>the</strong> evolving roles of China<br />

and India; alternative energy and climate change; transformative technologies in education; alternative<br />

medicine; social networking; stem-cell research; <strong>the</strong> entertainment industry outlook; early childhood<br />

education; Israeli-Palestinian economic ties; and, of course, political issues during our annual Tuesday<br />

night debate.<br />

Important questions beg for more than discussion. They demand solutions — and finding <strong>the</strong>m is <strong>the</strong><br />

reason 500 thought leaders serving on 130 sessions, and 3,000 attendees from around <strong>the</strong> world have<br />

ga<strong>the</strong>red for this unique event. We hope you make <strong>the</strong> most of it.<br />

Michael <strong>Milken</strong> Michael L. Klowden<br />

Chairman President and CEO

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