As a valued Moody's client, you're invited to join Moody's Economy.com's Chief Economist Mark Zandi, Managing Director Steve Cochrane, Senior Director, Credit Analytics Tony Hughes and other top staff for a special economic and credit outlook.

The U.S. and global economies are mired in the worst economic downturn since the Great Depression. A severe credit crunch, flagging confidence and evaporating wealth are weighing heavily on the economy's prospects. When will the downturn end? What can policymakers do to shore up the financial system and stem the economy's slide? Is it possible things could go better than is widely anticipated?

Discover how our cutting-edge approach to credit modeling can help you better understand the drivers of your portfolio and forecast future performance. Learn the scope of our new services to help retail lenders, risk managers, and regulatory compliance teams implement a consistent stress testing platform that explicitly includes macroeconomic and regional drivers.

• The economy's underlying strengths and weaknesses
• Credit forecasting and stress testing

Agenda:
8:30 a.m. - 9:00 a.m. Registration, Reception and Continental Breakfast

9:00 a.m. - 10:30 a.m. Economic Outlook
Presenter: Mark Zandi, Chief Economist

10:30 a.m. - 10:45 a.m. Break

10:45 a.m. - 12:00 p.m. Regional Outlook
Presenter: Steve Cochrane, Managing Director

12:00 p.m. - 1:00 p.m. Lunch

1:00 p.m. - 1:45 p.m. Aggregate Versus Loan Level Approaches to Loss Forecasting
Presenter: Tony Hughes, Senior Director, Credit Analytics

1:45 p.m. - 2:30 p.m. Forecasting Credit Risk in a Changing Economic Environment
Presenter: Juan M. Licari, Senior Economist, Credit Analytics

2:30 p.m. - 2:45 p.m. Break

2:45 p.m. - 3:30 p.m. Loan Level Modeling and Calibration
Presenter: Cristian deRitis, Senior Economist, Credit Analytics

3:30 p.m. Wrap Up
Presenter: Tony Hughes, Senior Director, Credit Analytics