NEW ORLEANS As the industry verges on the edge of a full-fledged crisis, executives at the
"It might be easy to be down on our industry right now, and some of you may even be reevaluating whether its worth working in," Nino Palermo, vice president of
One session, scheduled for late Monday, was set up to help attendees prepare for an SEC examination, focusing on risk management and internal controls, but the absence of the ramifications of the Spitzer probe on the docket was glaring.
Also noticeable was the low number of attendees at the sessions, as panelists spoke to rooms only half or one-third full. The ICI eliminated the conferences annual vendors exhibition and shortened a conference that traditionally has been three days to just two, due to what it called budgetary concerns of attendees.