Latest Interviews
Showing 616–630 of 2,089 transcripts.
Clear all filters- Milken Institute55 min
Venture Philanthropy in Action: A Case Study of EB Research Partnership and ProQR
Kristin Schneeman, Michael Hund, Alex Silver, Daniel de Boer, Mark de Souza, Esther Krofa
In a 2020 webinar moderated by Michael Hund of the EB Research Partnership (EBRP), experts Alex Silver, Daniel DeBoer, and Mark D'Souza detailed EBRP's venture philanthropy model, which invests capital in for-profit enterprises to de-risk intellectual property in exchange for financial returns rather than traditional grants. The discussion highlighted a successful collaboration with ProQR Therapeutics that led to the rapid formation of Wings Therapeutics, a structure leveraging equity and milestone-based royalties to accelerate Epidermolysis Bullosa drug development by years. By prioritizing specialized legal counsel and strategic flexibility over standard nonprofit conventions, EBRP aims to catalyze over 30 clinical trials and shift rare disease treatment timelines from years to months while generating competitive financial returns.
- Milken Institute1h 15m
Supporting and Strengthening Minority-Owned Businesses During (and After) the Pandemic
Eugene Cornelius, Jr., Susan Au Allen, Ron Busby, Ramiro Cavazos
Susan R. Allen, Ron Busby, and Ramon Calveras led a critical panel discussing the disproportionate pandemic impact on Black, Hispanic, and Asian-owned businesses, where severe capital gaps and procurement barriers forced a 41% loss in Black enterprises and exacerbated economic divisions within the Asian community. The advocates rejected the "minority" label in favor of recognizing these groups as the new mainstream, proposing specific policy interventions such as unbundling federal contracts, reinstating prompt payment laws, and partnering with fintech firms to bridge the historic wealth gap. Moving beyond rhetoric, the panel outlined a concrete agenda to submit a policy white paper to the Treasury Department and encourage institutional mergers, aiming to permanently recalibrate the economy and secure equitable market access for millions of minority entrepreneurs.
- Milken Institute1h 0m
In Search for a Cure: Are We Nearing a Treatment for COVID-19?
Dr Anthony Fauci, Albert Bourla, Esther Krofah, Meg Tirrell
Dr. Anthony Fauci and Pfizer executives outlined the current U.S. pandemic crisis, characterized by rising infections among young demographics and projected second-wave risks in the fall due to premature reopening and asymptomatic spread. While addressing safety protocols like sample pooling for testing and the inclusion of vulnerable populations in trials, Pfizer anticipates initiating Phase 3 trials in July with a potential vaccine rollout by late 2020 or early 2021. Simultaneously, clinical guidelines have been updated to include dexamethasone for severe cases, though experts emphasize that continued public health measures remain essential until herd immunity is achieved.
- Milken Institute1h 4m
The Impact Revolution - Conference Call Series
Glenn Yago, Sir Ronald Cohen, René Karsenti, Julie Monaco, Cynthia Muller
The panel outlines a financial paradigm shift where over $30 trillion in capital now integrates measurable social and environmental impact alongside traditional risk and return metrics. To prevent information asymmetries reminiscent of the 1929 crash, speakers argue for mandatory "impact-weighted accounts" similar to GAAP, citing initiatives by the Harvard Business School and the Network for Greening the Financial System. Furthermore, public-private partnerships are scaling blended finance models through standardized instruments like sustainability-linked bonds, with projections warning that failing to address racial equity could cost the U.S. $70 trillion by 2050.
- Milken Institute1h 0m
Lessons Learned: Mitigating the Next Crisis
Andy Serwer, Tom Finke, Penny Pennington, Emmanuel Roman, Manny Roman, Claude Grunitzky
Representatives from Edward Jones, PIMCO, and Barings detailed their crisis preparedness strategies, highlighting how pre-pandemic simulations and established remote work infrastructures enabled rapid operational continuity during the 2020 market turmoil. The firms collectively addressed the "triple pandemic" of health, economic, and racial instability, committing to enhanced diversity initiatives while restructuring office protocols to prioritize hybrid work models and employee well-being. Looking ahead, these financial leaders forecast a volatile recovery characterized by severe credit cycle pressures in specific sectors and a permanent shift in investor risk appetite that will necessitate more rigorous stress testing and active management strategies.
- Milken Institute30 min
A Conversation with Federal Reserve Bank of St. Louis President and CEO James Bullard
St. Louis Federal Reserve President James Bullard argues that while the U.S. economy has adapted more resiliently than initially feared through remote work and essential business pivots, policymakers must abandon strategies waiting for a vaccine in favor of managing a virus that will circulate long-term. Bullard emphasizes that the Federal Reserve faces the complex task of stabilizing the economy without freezing out shrinking sectors like airlines, while simultaneously addressing persistent racial employment gaps and the risk of low inflation expectations. Despite skepticism regarding current epidemiological and economic models, he advocates for transparent committee operations and aggressive fiscal-monetary support to prevent a deeper depression and avert a secondary financial crisis.
- Milken Institute1h 5m
A Conversation with CFPB Director Kathy Kraninger - Conference Call Series
Kathy Kraninger, Eric Kaplan, Kathleen Kraninger
At a Milken Institute conference call commemorating the CFPB's tenth anniversary, Director Kathleen Kraninger outlined the agency's pandemic response, highlighting record complaint volumes and new regulatory measures to support vulnerable consumers. The Bureau detailed initiatives such as the proposed Qualified Mortgage rule reform, interim rulings on mortgage forbearance, and targeted fraud prevention campaigns designed to address economic hardship caused by the crisis. These strategic actions aim to modernize consumer protection laws while ensuring fair access to financial relief mechanisms like CARES Act payments.
- Milken Institute56 min
Opening Plenary | Part 2: Capital Markets in a Time of Global Disruption
Michael Milken, Scott Minerd, Steven Tananbaum, Lara Warner
Amidst a historic divergence where equity markets recover faster than debt, investors identify significant value in distressed legacy RMBS and double-B loans while avoiding complex CLO tranches. Governments have collaborated rapidly with the private sector to deploy liquidity through initiatives like the Swiss SME facility, creating a new operating model that contrasts sharply with the sluggish response of the 2008 crisis. Meanwhile, institutional investors navigate low yields and valuation gaps between public and private markets to capture returns in sectors like infrastructure and technology, with specific success observed in Boeing recapitalization strategies.
- Milken Institute29 min
Equality and Equity: A Conversation with Vista Equity's Robert Smith
Robert Smith proposes a strategic "2% Solution" that redirects approximately $970 billion from the earnings of the top ten U.S. banks to fund capital for minority depository institutions and modernize their technological infrastructure. This initiative aims to eliminate banking and broadband deserts while deploying cloud-based lending tools to 1,075 Community Development Financial Institutions over a two-year period. Concurrently, the plan leverages the InternX platform to bridge the gap between HBCU STEM talent and major corporate partners, ultimately targeting $300 billion in capital infusion to generate a projected $1.5 trillion annual GDP uplift.
- Milken Institute34 min
A Conversation with Mark Cuban
Amid a crisis that erased 22% of U.S. micro-businesses, the discussion highlighted the urgent need for "Infrastructure 2.0" investments in robotics and AI to reshape manufacturing, alongside entrepreneurial pivots toward ambient voice technology. Comprehensive reform proposals were presented to address economic disparity, including a "Sick Bank" system and a means-tested "10 Plan" for healthcare, while the sports sector emphasized community-focused initiatives to confront systemic racism. The dialogue concluded with strategic advice for workforce agility, urging job seekers to acquire technical skills and relocate to secure opportunities in a rapidly evolving global economy.
- Milken Institute34 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.
- Milken Institute58 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.
- Milken Institute54 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.
- Milken Institute56 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.
- Milken Institute45 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.