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News Now

Washington
CUNA GAC lineup adds FASB Chair Herz
WASHINGTON (11/10/09)--The Credit Union National Association (CUNA) has added another notable presence to its 2010 Governmental Affairs Conference, with Financial Accounting Standards Board (FASB) Chairman Robert Herz committing to speak at the conference on Thursday, Feb. 25, the final day of the conference. FASB continues to work on potential changes to its fair value accounting standards in the aftermath of the financial crisis, and CUNA representatives last month discussed the range of potential difficulties that credit unions could face if fair value accounting rules are changed during a conference call with FASB Chairman Robert Herz and other senior FASB members. CUNA's 2010 GAC is Feb. 21-25 at the Washington Convention Center in Washington, D.C. Larry Kudlow, economist and host of CNBC's The Kudlow Report, will explain on Monday, Feb. 22 how government, markets and industry can join together to make a true difference, real progress and a lasting recovery. On Tuesday, Feb. 23, long-serving former Federal Reserve Chairman Alan Greenspan will provide analysis of economic trends and offer new insights into the current economic challenges. Joe Scarborough, former Congressman and current host of MSNBC's Morning Joe will spar with Governor, Presidential candidate and former Democratic National Committee Chairman Howard Dean as the two debate politics, economics and the course of the nation on Wednesday, Feb. 24. Richard Phillips, Captain of the Maersk Alabama, which was hijacked by Somali pirates earlier this year, will be the closing speaker as the conference ends on Thursday, Feb. 25. The informational portion of the conference will be finely balanced with entertainment, as the World Classic Rockers, featuring member of Santana, Journey, Boston, Steppenwolf, Toto and Lynyrd Skynyrd, will perform as the conference opens on the night of Sunday, Feb. 21. The concert is sponsored by the CUNA Councils. Registration and housing lines are open. Click the resource link below for more information. Use the resource link below for more 2010 GAC information.


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