The topic today is, “What is the current situation with the financial markets.” Mr. Berenyi was on The Advocates almost one year ago (October 25, 2007) talking about the Subprime mortgage meltdown, he accurately predicted there would be more rough waters ahead in the financial marketplace. Mr. Berenyi was also a participant on our New Year’s prediction program panel (December 26, 2007) and articulated the same concerns.  

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Some of the questions Mr. Berenyi will address are the following:
• Why did Lehman Brothers collapse?
• Can there be other situations like this?
• What is the impact on other companies like AIG?
• Why is there a failure of government action?
• What happened to regulation?

Mr. John Berenyi, has undergraduate and graduate degrees in, engineering, management sciences and applied economics from Columbia University. He has been an investment banker, who has specialized in alternative energy and environmental finance for the past 25 years. In the early part of his career, as a Loeb Fellow in Advanced Environmental Studies at Harvard University, he developed the composite set of environmental indicators to measure the quality of life in cities across the United States. Cities, counties, states, and academic institutions have adopted this work, across America, as a tool for public of public policy and evaluation. Today, after a long career serving companies like Citicorp, HSBC Capital and IF Rothschild, he is the managing director of Ecocite, a Canadian-based company that works as an energy investment trust for eco-property development. He is also the Senior Advisor on Energy to the AJ Congress to implement the US-Israeli Energy Independence Act.

John Berenyi has appeared on The Advocates and has talked to us about such varied subjects as: “Our Crumbling Infrastructure,” August 23, 2007, and “The Subprime Mortgage Crisis,” on October 25, 2007. One can listen to our guest by accessing The Advocates website: http://advocates-wvox.com. His other appearances were on December 26, 2008, January 23, 2008, and April 16, 2008.