Milken Institute
Showing 631–645 of 2094 transcripts.
- 34 min
Opening Plenary | Part 1: A Conversation with IMF Managing Director Kristalina Georgieva
Kristalina Georgieva, Michael Milken
Governments, the IMF, and the private sector engaged in unprecedented collaboration to deploy $17 trillion in fiscal and monetary support, providing financial lifelines to 70 nations and establishing a debt moratorium for the world's poorest countries. Despite this rapid crisis response, the IMF warns that economic recovery will be slower than anticipated, accompanied by record-high debt levels and risks of widening inequality unless investments prioritize sustainability and social inclusion. Policymakers are urged to maintain agile strategies to address non-banking financial vulnerabilities and prevent complacency, ensuring the rebuilding of an inclusive, low-carbon global economy.
- 58 min
The Long-Term Care Crisis: Exploring Innovative Financing and Delivery Strategies
Nora Super, Jeff Huber, Thomas McInerney, Robert Morse, Bob Morse, Tom McInerney
This session analyzes the critical gap between the aging population's long-term care needs and the current fragmented infrastructure, citing the collapse of the private insurance market and insufficient median assets for the "lost middle." Industry leaders and policymakers discuss pandemic-driven operational shifts, including the acceleration of telehealth and managed care models, alongside workforce initiatives to address staffing shortages. The discussion concludes with urgent recommendations for hybrid public-private financing, expanded social insurance programs, and tax incentives to stabilize the sector before the first baby boomers reach age 80.
- 54 min
Racial Justice and Centering the Black Community: A Milken Institute Community Discussion
Richard Ditizio, Byron Allen, Philip Ozuah, Don Peebles, Debra Smith
This panel redefines systemic racism as an ambient condition perpetuating severe economic disparities in real estate, healthcare, and media despite decades of diversity initiatives. Key figures including Byron Allen, Don, and CalSTRS representatives highlighted how minority entrepreneurs face capital exclusion while institutions like CalSTRS leverage shareholder power to mandate board diversity. The discussion concluded with a strategic pivot from philanthropy to investment, framing the inclusion of underrepresented groups as an essential "emerging market" for national economic competitiveness.
- 56 min
Chronic Disease: Exacerbating the Pandemic
Rick Berke, Susan Bailey, Garth Graham, Jaana Remes, Brooks Tingle
A high-level panel convened by the American Medical Association addresses a dual crisis where the COVID-19 pandemic has exacerbated chronic disease management and highlighted severe racial health disparities. Industry leaders from CVS Health, John Hancock, and academia propose systemic reforms including the "Time for Care" initiative, insurance models that actively incentivize preventative behaviors, and the urgent need for disaggregated health data to dismantle structural inequities. The discussion emphasizes a permanent shift toward telemedicine and consumer empowerment strategies designed to reverse dangerous trends in delayed medical care while framing public health investment as a critical driver of global economic recovery.
- 45 min
Threats Aren’t Partisan: Securing the Health and Safety of a Nation
Alex Witt, Jane Harman, Jeh Johnson
Representative Jane Harmon and Secretary Jay Johnson critique the Trump administration's flawed Afghanistan strategy, insufficient North Korea preparations, and the failure to account for deep-seated tribalism while emphasizing the pandemic's status as a national security crisis. The panelists further condemn the use of force at Lafayette Square, the erosion of Department of Justice integrity following John Bolton's disclosures, and the challenges posed by domestic terrorism and gun violence amidst pandemic-related social unrest. Both experts conclude that these non-partisan threats demand a unified governmental response to preserve democratic institutions and prevent the resurgence of terrorist organizations.
- 32 min
Part 2: Shaping the Future of Real Estate
Hadley Gamble, Ali Al Mheiri, Richard Mack, Joseph Sitt
Leading real estate figures including Ali Al-Mahari, Richard Mack, and Joseph Sitt predict an accelerated market transformation driven by technology, remote work adoption, and shifting consumer preferences. Capital is increasingly flowing toward Sunbelt markets, life sciences, and logistics assets as investors prioritize suburban nodes and restructure portfolios away from declining traditional retail and commercial sectors. While government stimulus offers temporary relief, the consensus highlights a structural compression of trends, with valuations potentially dropping further before lenders prioritize borrower retention over foreclosure.
- 58 min
Redefining Business as Usual: Finding Opportunity in Disruption
Gillian Tett, Ed Bastian, Janet Napolitano, Casey Wasserman
Executives from Delta Airlines, the University of California, and the sports industry outlined divergent recovery timelines for travel, education, and entertainment, projecting a three-year horizon for aviation full-scale operations and a hybrid academic model for universities. The discussion detailed strict safety protocols including mandatory masking, universal testing, and operational "bubbles" while addressing economic shifts such as reduced business travel and the strategic reallocation of police funding toward education to address systemic inequality. Ultimately, the panelists emphasized that resilience and technological adaptation will drive a cultural shift toward prioritizing health and sustainability, with a forecasted return to 50-80% normalcy within two years contingent on vaccine advancement.
- 20 min
Part 1: A Conversation with His Excellency Waleed Al Mokarrab Al Murhairi
Waleed Al Mokarrab Al Murhairi, Hadley Gamble, His Excellency Waleed Al Mokarrab Al Muhairi
Mubadala's investment strategy leverages the pandemic as a catalyst to deploy $1.2 billion in strategic positions, such as its stake in India's Jio, while targeting long-term growth in technology, biotech, and healthcare infrastructure across the US, Asia, and Europe. The firm's conviction-led approach prioritizes balancing risk and reward over short-term volatility, with recent capital commitments designed to yield returns within a four-to-six-year horizon as market dislocations create entry points for major partners. By focusing on data-driven decisions and navigating regulatory scrutiny, Mubadala aims to capitalize on irreversible shifts in e-commerce, telemedicine, and industrial sectors despite global economic uncertainty.
- 35 min
A Conversation with Tim Scott, US Senator, South Carolina
Senator Tim Scott leverages his background of overcoming poverty to advocate for individual responsibility, private capital investment through Opportunity Zones, and education reform via charter schools as solutions to systemic disparities. While acknowledging personal encounters with racial profiling and significant poverty rates in minority communities, he argues that attributing these issues solely to racism undermines agency and calls for redirecting resources from removing statues to building infrastructure and schools. Scott concludes that true prosperity requires faith-driven resilience, a free-market approach to job creation, and a focus on empowering the poorest children to maintain the nation's global standing.
- 34 min
A Conversation with SoftBank Vision Fund CEO Rajeev Misra
The COVID-19 pandemic accelerated a global digital transformation that fundamentally reshaped supply chains, finance, healthcare, and education by replacing physical infrastructure with data-driven alternatives like dark kitchens and telemedicine. This shift empowered small businesses and consumers through frictionless digital payments, democratized access to credit and education, and forced a strategic pivot toward regional self-sufficiency in manufacturing and technology. As major firms like SoftBank curtailed experimentation to focus on survival, the event highlighted a geopolitical realignment where East-to-West technology transfer and national infrastructure security now supersede global scale.
- 26 min
A Conversation with US Housing and Urban Development Secretary Ben Carson
Ben Carson, Aron Betru, Aaron Bedrou
This session details HUD's strategic interventions to address racial wealth gaps and COVID-19 disparities through housing reforms, Opportunity Zone tax incentives, and the Family Self-Sufficiency program. Key outcomes include liability piloting to reduce landlord resistance, set-asides for minority-owned businesses, and simplified Section 3 requirements designed to boost local hiring and economic mobility. Secretary Carson emphasized that closing these systemic inequities could unlock over $1 trillion in productivity, urging communities to foster internal capital circulation and unity as essential drivers of national stability.
- 27 min
A Conversation with FDA Commissioner Stephen Hahn
Dr. Hahn and the FDA are managing an unprecedented 250-treatment pipeline and 170 vaccine candidates while maintaining regulatory independence amid a surge in applications. The agency has authorized specific therapies like remdesivir and dexamethasone based on robust data analysis and is implementing clinical trial flexibilities to ensure diverse demographic inclusion. Despite the high stakes, FDA officials emphasize that safety and evidence-based decision-making remain paramount as they navigate supply chain logistics and monitor real-world outcomes for public health.
- 1h 0m
Mental Health Innovations for the 21st Century
Joanne Kenen, LaTese Briggs, Arjun Desai, Kabir Nath, Richard Pops
A diverse panel of experts analyzed the pandemic's multifaceted impact on mental health, highlighting the rise of new crises among isolated populations and the limitations of telemedicine for complex addiction cases. Industry leaders and policymakers discussed critical reforms needed to address skewed pharmaceutical incentives, fund community-based workers, and shift corporate priorities toward genuine employee well-being. The discussion concluded with a consensus that lasting systemic change requires overhauling reimbursement models and increasing workforce diversity to support a post-pandemic world where mental health adaptation becomes permanent.
- 56 min
China’s Economic Outlook
Eugene Tang, Eric Chen, Jianguang Shen, Jane Jie Sun
At a panel featuring Trip.com CEO Jane Sun, SoftBank's Eric Chen, and JD Digits Chief Economist Dr. Shen, leaders analyzed the V-shaped trajectory of China's post-pandemic economy driven by $4 billion in relief funds and a strategic shift toward digital "new infrastructure." The discussion highlighted how government-issued consumer vouchers and mandatory bank lending to SMEs have accelerated a 4.5% rise in industrial production while leaving travel and leisure sectors to rebound more slowly alongside the entry of eight million graduates into the job market. Despite supply chain shifts toward risk mitigation, the consensus points to long-term growth anchored in 5G, AI, and the digital transformation of domestic consumption rather than traditional heavy infrastructure.
- 59 min
Credit Trends: Back From the Brink?
Staci Warden, Joshua S. Friedman, George Hicks, Rishi Kapoor
The discussion analyzes how pre-2020 structural mismatches in capital structures and weakened bank intermediation exacerbated the immediate sectoral divergence caused by the pandemic, particularly distressing retail and hospitality while supporting industrial real estate. Federal Reserve liquidity successfully stabilized markets but could not resolve underlying solvency issues, leading to a confirmed recession with default rates projected to exceed 10% and a recovery path hindered by the impending sunset of fiscal support. Consequently, the dialogue forecasts a shift toward stricter regulatory documentation, reduced reliance on central bank interventions, and new investment strategies focused on distressed restructurings and e-commerce infrastructure.