invites you to a Luncheon Presentation with

STEPHEN S. ROACH
Chairman, Morgan Stanley Asia

"Subprime: Canary in a Coal Mine?"

Friday, November 2, 2007
Rendezvous, Taj Mahal Palace and Towers, Apollo Bunder, Mumbai
Lunch 1.00 p.m., Presentation 1.50 p.m., Close 2.40 p.m.

Rs 2200 Asia Society India Centre members
Rs 2500 Non-members and guests

Will the current subprime lending crisis spiral into a wider credit crunch? What impact will it have on world financial markets and a world economic system that is increasingly integrated and highly dependant on the health of the U.S. economy? What is the appropriate monetary policy in such circumstances? And will the crisis serve as a wake up call to central banks around the world?

Stephen Roach is Chairman of Morgan Stanley Asia, the firm's senior representative to governments, regulators, and clients across the region. One of Wall Street's most influential economists, Mr. Roach was until recently Morgan Stanley's Chief Economist in charge of the firm's global team of economists. In recent years Mr. Roach has published research covering a broad range of subjects, including globalization, productivity, the emergence of China and India, and corporate restructuring. Mr. Roach was a staff member at the Brookings Institution, the Federal Reserve Board, and the Morgan Guaranty Trust Company before joining Morgan Stanley in 1982.

To register, please complete this form (downloadable PDF) and fax to + 91 22 6610 0887 or email to admin@asiasociety.org.in

For enquiries, contact Avanti Bhati at: + 91 22 6610 0888

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