Latest Interviews
Showing 271–285 of 742 transcripts.
Clear all filters- Milken Institute59 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.
- Milken Institute56 min
Leadership in Turbulent Times
Julia Boorstin, Carmine Di Sibio, Barbara Humpton, Alfred Kelly, Jr.
CEOs Barbara Humpton, Carmine DeCibio, and Alfred Kelly Jr. addressed the challenges of leading EY, Siemens, and Visa during the pandemic by pivoting toward digital resilience and remote work models that have permanently reshaped their operations. The panelists outlined specific commitments to support small businesses, accelerate contactless payments, and launch targeted diversity initiatives to address systemic racial and gender inequities exposed by the crisis. Furthermore, they detailed strategies to reduce carbon footprints through travel cuts and to maintain workforce stability by avoiding layoffs while redefining office spaces as collaboration hubs.
- Milken Institute33 min
A Conversation with Federal Reserve Bank of St. Louis President and CEO James Bullard
St. Louis Fed President James Bullard explains that the U.S. economy is adapting to pandemic risks through endogenous behavioral changes rather than broad lockdowns, projecting output recovery to 90% of normal levels despite historical quarterly declines. Bullard contrasts his view of a new steady state with host Josh Barrow's concern over permanently lower living standards, while addressing the dual policy challenge of balancing business preservation with market dynamism. Furthermore, Bullard highlights the strategic necessity of preventing a secondary financial crisis and identifies eliminating racial unemployment gaps as a critical metric for ideal monetary policy outcomes.
- Milken Institute31 min
The Future of Currency and the Global Financial System - Conference Call Series
John Lee, Dr. Jianguang Shen, Dr. Michael Hasenstab, Dr. William Lee, Laura DeLacy
Milken Institute and global experts convened to analyze the pandemic's dual transformation of health innovation and macroeconomic policy, where central banks have shifted from resolving liquidity crises to addressing a solvency crisis driven by historic deficits and surging savings. The discussion highlighted divergent strategies in digital currency, with China mandating a state-controlled CBDC to dismantle private payment monopolies, while the United States and other nations grapple with private sector experiments like Libra against a backdrop of eroding central bank credibility. Ultimately, participants warned that the "double unknown" of implementing new monetary technologies during aggressive fiscal expansion poses significant leverage risks, particularly for emerging markets with fragile banking systems.
- Milken Institute59 min
Retirement Security in the Wake of COVID-19 - Conference Call Series
Paul Irving, Marcie Frost, Michael Milken, Penny Pennington, Michelle Seitz
The Milken Institute convened financial leaders to analyze the dual threats of the pandemic and a projected $150 billion rise in the U.S. retirement savings deficit. Experts from Edward Jones, CalPERS, and Russell Investments highlighted the critical need to shift from generic index targets to personalized strategies that address longevity risk and the aging demographic's healthcare costs. Participants agreed that mitigating the crisis requires structural adjustments to retirement age, diversified Social Security portfolios, and the widespread adoption of automated savings mechanisms for gig workers.
- Milken Institute35 min
How COVID-19 Tests Will Help Reopen America - Conference Call Series
Esther Krofah, Gina Raimondo, Adam Schechter
Rhode Island Governor Gina Raimondo outlined a strategic "SOS" testing framework and a phased economic reopening plan designed to expand daily testing capacity from 3,000 to 20,000 while prioritizing equity for vulnerable populations. LabCorp CEO Adam Schechter detailed the company's rapid scaling of PCR and antibody testing capabilities to 150,000 and 300,000 daily tests respectively, emphasizing high accuracy rates while noting that antibody presence does not yet guarantee immunity. Together, the state officials and industry leaders highlighted the critical role of contact tracing and continued safety protocols in preventing a combined flu and coronavirus surge in the fall.
- Milken Institute1h 5m
How COVID-19 is Shaping the Future of Retail Banking - Conference Call Series
Michael Piwowar, Mary Mack, Daniel Sheehan, Chris Zingo, Mike Pivovar
Milken Institute experts and leaders from Wells Fargo, Professional Bank, and Finastra outlined a collaborative strategy to accelerate economic recovery through specific policy proposals and rapid operational pivots during the pandemic. These financial institutions successfully mobilized massive remote workforces, processed billions in Paycheck Protection Program loans, and deployed proprietary digital tools to sustain small business liquidity while ensuring cybersecurity. The panel concluded that the banking sector's future will rely on a hybrid model balancing digital efficiency with physical branch capabilities to maintain economic resilience.
- Milken Institute33 min
The World Post COVID-19: Silver Linings for Business - Conference Call Series
Laura Deal Lacey, Oriel Morrison, Raj Ganguly, Magnus Grimeland, Chatri Sityodtong, Laura DeLacy
The Milken Institute convened a global webinar series featuring leaders from B Capital, Antler, and ONE Championship to analyze the unprecedented economic and societal shifts driven by the COVID-19 pandemic. These experts detailed how the crisis has halted traditional sectors while accelerating growth in digital health and education technology, prompting entrepreneurs to adopt a "warrior mentality" to secure supply chains and generate employment. The discussion further emphasized that while immediate survival strategies focus on short-term profitability, the long-term outlook predicts permanent structural changes in global governance and supply chain management.
- Milken Institute23 min
Lunch Program | Part 1: A Conversation with Alex Azar, Secretary, US Department HHS
The HHS, led by Secretary Alex Azar, outlined a 2017 healthcare strategy prioritizing affordability, patient choice, and quality through three pillars: financing reform, value-based payments, and targeted interventions. Key initiatives include a 5% decline in opioid overdose deaths driven by the $400 million Healing Communities Initiative, a shift from center-based to home dialysis via the KidneyX program, and a Medicare risk-sharing pilot affecting one-quarter of beneficiaries. Despite noting progress in reducing ACA premiums and expanding plan availability, the administration maintains that systemic flaws persist, aiming to replace fee-for-service models with incentives focused on prevention and long-term outcomes for the entire US population.
- Milken Institute33 min
The New Age of Consumerism
Dan Murphy, Mohammed Alshaya, Mike Novogratz, Mohamed Alshayer
Mohamed Alshayer outlines Alshaya Group's $5 billion investment strategy in Saudi Arabia, emphasizing a pivot toward experiential retail and health sectors to capitalize on Vision 2030's rapid liberalization and shifting consumer behaviors. Concurrently, Mike Novogratz argues that Bitcoin's value rests on its narrative as a digital store of value, predicting institutional adoption will drive its valuation toward $10 trillion. The dialogue highlights how both legacy retail giants and emerging digital assets must reinvent their trust-based social constructs to survive in a market prioritizing speed, ethics, and immediate gratification.
- Milken Institute39 min
A Conversation with Rajeev Misra
SoftBank's Vision Fund and Vision Fund 2 manage a diversified global portfolio of 88 investments, with recent strategic pivots toward Life Sciences and Financial Services utilizing AI to reduce healthcare costs and disrupt regulated lending. The firm distinguishes its value proposition through mid-stage capital, extensive ecosystem synergies like cross-selling between Grab and Ping, and operational support derived from SoftBank Mobile, which drove a portfolio valuation surge from $240 billion to approximately $300 billion. As the funds mature, the team has shifted focus to 75% portfolio management, celebrating eight IPOs and major exits including Uber and Flipkart while preparing for the economic impact of 5G adoption via the Sprint-Deutsche Telekom merger.
- Milken Institute34 min
A Conversation with Strive Masiyiwa and Michael Milken
Strive Masiyiwa, Michael Milken
With Africa's population projected to reach 4 billion by 2100 and 12 million young entrants joining the workforce annually, the continent faces a critical imperative to modernize its fragmented economy and address high unemployment rates like the 29% in South Africa. Global tech giants and investors are capitalizing on unique innovations such as mobile money and blockchain to unify 54 currencies, while infrastructure projects connect the continent from Cape Town to Cairo alongside rapid 5G deployment. Strategic partnerships led by figures like Strive Maseiwa aim to train government leaders and expand private enterprise networks, positioning Africa as a primary future market despite capital shortages and the need to replace nearly 500 million traditional jobs.
- Milken Institute29 min
Mic'd Up - Part 2:Genomics & the Future of Medicine
Rick Berke, Phil Febbo, Anamika Mehta, Rakesh Suri
The event details how advanced viral defense mechanisms, culturally attuned facility designs, and rapidly declining genomic sequencing costs are reshaping clinical precision medicine, with specific case studies highlighting Cleveland Clinic Abu Dhabi's successful integration of these technologies. Key speakers analyze the friction caused by fragmented U.S. payers and electronic health records while contrasting these challenges with the streamlined adoption seen in the UK and the UAE's population-specific cancer initiatives. The discussion concludes with a strategic roadmap for the next decade that emphasizes decentralized care, robust data privacy protocols, and AI-driven analytics to transform genomic insights into actionable, personalized patient outcomes.
- Milken Institute44 min
Lunch Program - Part 2: The New Age of Consumerism
Hadley Gamble, Mohammed Alshaya, Mike Novogratz, Dan Murphy, Mohamed Alshayer
At the Milken Institute Middle Eastern Africa Summit, moderated by CNBC's Dan Murphy, Alshaya Group Executive Chairman Mohamed Alshayer and Galaxy Digital CEO Mike Novogratz discussed the strategic evolution of the modern consumer market. They highlighted how brands must pivot toward experiential value, digital integration, and authentic storytelling to capture the loyalty of Millennials and Gen Z, citing Alshaya's aggressive five-year, $5 billion investment plan in Saudi Arabia as a primary example of regional expansion. The dialogue further explored the rising influence of celebrity-driven viral marketing and the accelerating institutional acceptance of cryptocurrency, with both leaders advocating for adaptive business models that embrace ESG principles and technological innovation.
- Milken Institute38 min
Lunch Program - Part 1: Well Being in the Digital Era
Deepak Chopra, Paris Hilton, Louise Tabbiner
Milken Institute CEO Michael Clowden hosted a dialogue between physician Deepak Chopra and Paris Hilton that examined the intersection of personal storytelling, social media archetypes, and modern well-being. The conversation explored how Hilton leveraged her television persona to build a multi-billion dollar empire while Chopra advocated for a philosophy of success rooted in inner purpose rather than traditional ambition. The session concluded with Chopra guiding the audience through a meditation framework designed to enhance self-awareness and manage stress through specific breathing techniques and reflective inquiry.