The Knowledge Group
The Knowledge Group

Dave C. Cooke, Principal, FinSec Navigator Group LLC to Speak at KC’s Stress Testing for Community Banks in 2011 Live Webcast

New York, NY, January 29, 2011 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Dave C. Cooke, Principal, FinSec Navigator Group LLC will speak at a 2-hour webcast entitled “Stress Testing for Community Banks in 2011.” This event is scheduled for February 23, 2011 at 12:00 pm to 2:00 pm ET.

About Dave C. Cooke

David Cooke, a widely recognized expert on financial sector issues, is a founding principal of the FinSec Navigator Group; a highly qualified advisory group serving financial institutions and their investors.

Cooke served as the first Executive Director of former Resolution Trust Corporation (RTC) created to resolve failing thrift organizations from 1989 to 1992. As Executive Director, he was responsible for the RTC’s organization, staffing, and operation and oversaw the takeover of nearly 700 failing institutions and the development of innovative sales initiatives for managing and disposing of their assets.

Prior to RTC, Cooke served as the sole Deputy and key advisor to former FDIC Chairman L. William Seidman on corporate policy and budget issues. He functioned as chief of staff and directed or served on key management committees and was actively involved in the development of the FDIC’s failing bank resolution strategies. Before joining Chairman Seidman, Cooke had over 15 years experience with the FDIC, where he advanced to management positions in bank supervision, research and corporate strategy.

FinSec Navigator Group LLC

The Navigators Group, Inc. is an international commercial property & casualty specialty insurance holding company with insurance company operations, underwriting management companies and operations at Lloyd’s of London. Headquartered in New York City, Navigators has local presences in communities across the United States, the United Kingdom, Continental Europe, China and South America.

For more information about Dave C. Cooke and FinSec Navigator Group LLC, please visit: http://www.navg.com

Event Synopsis:

While the financial meltdown was led by the large financial intuitions, community banks suffered mightily from its aftershocks. Community banks are increasingly turning to stress testing so that they can more comprehensively understand their risk & financial health to make it easier to anticipate future problems. While stress testing is a good tool for managing risk, some challenges have arisen such as: should the results be made public? What are the limitations of stress testing, and fears of potential reprisals by regulators to name just a few.

While some sanity and stability has returned to the markets, many risks remain. Your bank needs to be ahead of the curve by having the ability to anticipate risk not simply reacting to it. Stress testing can be an effective tool for this. The Knowledge Group has assembled a key panel of experts to help you make sense of stress testing as it applies to your bank. We’ll cover the good, the bad, and the critical points in between.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries.

Visit www.knowledgecongress.org for further information and inquiry.

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