Rep. James C. Greenwood --PA-- Appoints Former NIBA Chairmen to Business Advisory Group Targeting Financial Practice Reforms.Business Editors CHARLESTON, S.C.--(BUSINESS WIRE)--April 10, 2002 Rep. James C. Greenwood James Charles (Jim) Greenwood (born May 4, 1951) represented Pennsylvania's Eighth Congressional District for six terms in the United States House of Representatives as a Republican. Greenwood was born in Philadelphia, Pennsylvania and grew up in Holland, Pennsylvania. (PA), Chairman of the House Oversight
Oversight may refer to:
n. A subordinate committee composed of members appointed from a main committee. subcommittee Noun , has named former National Investment Banking Association (NIBA NIBA National Insurance Brokers Association (Australia; established 1982) NIBA National Industrial Belting Association NIBA Northwest Indian Bar Association NIBA National Investment Bankers Association NIBA National Indian Business Association, Inc. ) Chairmen Kenneth A. Kamen and Joel E. Marks to a special Business Advisory Group to assist the Congressman in formulating accounting, auditing and financial practice reforms to be presented for congressional consideration over the course of the next few months. The group's first meeting was held yesterday, Tuesday, April 9th, in Washington, D.C.. Rep. Greenwood Greenwood. 1 City (1990 pop. 26,265), Johnson co., central Ind.; settled 1822, inc. as a city 1960. A residential suburb of Indianapolis, Greenwood is in a retail shopping area. Manufactures include motor vehicle parts and metal products. chaired his subcommittee's intensive investigation into the sudden financial collapse of Enron Corporation Enron Corporation, U.S. company that in 2001 became the largest bankruptcy and stock collapse in U.S. history up to that time. The company was formed in 1985 when InterNorth purchased Houston Natural Gas to create the country's longest natural-gas pipeline network. , and now, at the request of House Energy and Commerce Committee Chairman, Rep. Billy Tauzin Wilbert Joseph Tauzin, II, usually known as Billy Tauzin, (born June 14 1943), American politician of Cajun descent, was a member of the United States House of Representatives from 1980 to 2005, representing Louisiana's 3rd congressional district. (LA), is focused on the development of a series of reforms to improve accounting accuracy, guarantee full disclosure of all relevant data in the audited reports of publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , and ensure the highest possible standards of corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. . The Business Advisory Group will be comprised of business leaders from across the country to assist Rep. Greenwood in these efforts. Mr. Kamen, of Yardley, PA, has agreed to serve as Chairman of the Business Advisory Group, being responsible for coordinating the efforts of the group and assembling its findings and recommendations. Mr. Kamen was the Founder and President of Princeton Securities Corporation, a full service brokerage firm specializing in capital formation for small and mid-size companies, and is the immediate past chairman of the National Investment Banking Association (NIBA). Joining Mr. Kamen on the Advisory Group is another former NIBA chairman, Mr. Joel E. Marks of Atlanta, Ga. Mr. Marks was the co-founder of J.W. Genesis Financial Corporation, a full service brokerage firm acquired by First Union Securities in 2001. Rep. Greenwood stated that he solicited the involvement of Messrs. Kamen and Marks as a result of his previous interaction with the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). member firm organization they have respectfully re·spect·ful adj. Showing or marked by proper respect. re·spect  ful·ly adv. chaired, The National
Investment Banking Association (NIBA).Rep. Greenwood recounted, "In May of 2000, Ken Kamen, as NIBA chairman, presented testimony in a House Commerce Committee hearing on U.S. capital market restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). initiatives. As a result of Ken's testimony, I learned of NIBA's involvement in the small business capital formation arena and its commitment to foster a healthy and vital small issuer marketplace in America. It was quite useful to learn of NIBA's comprehensive perspective in creating a market that's good for investors, issuers, market service providers and members of the regulatory community. Ken and Joel's involvement in the Business Advisory Group will be valuable, ensuring that any legislative and market reform measures will not unduly burden America's quality emerging companies." National Investment Banking Association (NIBA) was established in 1994 as a national association of regional and independent brokerages and investment banking firms seeking to improve conditions within the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry, to strengthen the free-enterprise system, and to be the industry organization representing all those dedicated to enhancing the capital formation environment for American small businesses.
Business Advisory Group Members
Kenneth A. Kamen, Chairman
Immediate Past Chairman, National Investment Banking Association
Founder, Princeton Securities Corporation
Yardley, PA
Laurence G. Allen
CEO, New York Private Placement Exchange
Greenwich, CT
Conrad L. Druker, CPA
Managing Principal, Druker, Rahl & Fein
Member, American Institute of Certified Public Accountants
Member, New Jersey Society of Certified Public Accountants
Hamilton, NJ
W. Randy Eaddy
Partner and Chair of Securities Practice Team, Kilpatrick Stockton LLP
Member, Board of Trustees, Furman University
Atlanta, GA
Benjamin P. Giess
Partner, Anvil Capital LLC
White Plains, NY
Arthur H. Goldberg
Managing Director, Corporate Solutions Group, LLC
Board of Overseer's Emeritus, Stern School of Business of New York
University
Kings Point, NY
Patrick T. Harker
Dean, the Wharton School of the University of Pennsylvania
Philadelphia, PA
William J. Hunckler, III
Managing Director, Madison Dearborn Partners LLC
Chicago, IL
Steven G. Kamen
President, Complete Corporate Planning, Ltd.
President, Automotive Benefit Solutions, Ltd.
Saratoga Springs, NY
Dr. David F. Larker
Professor of Accounting, the Wharton School of the University of
Pennsylvania
Berwyn, PA
Joel E. Marks, CPA
Co-founder, J.W. Genesis Financial Corporation
Atlanta, GA
James F. O'Donnell, III
Chairman and CEO, Capital for Business
Immediate Past Chairman, Bd. of Governors, National Assoc. of Small
Business Investment Companies
St. Louis, MO
Biographies of the Advisory Group members are available upon request.
|
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion