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Madden Institute at Le Moyne Hosts Panel on Financial Crisis

SYRACUSE, N.Y. (For Immediate Release) … Le Moyne College will host a panel discussion on "What Happened and Who's at Fault? Ethics, Policy, and the Future of the Financial Crisis" on Thursday, April 16, at 6 p.m. The event will take place in the Panasci Family Chapel.


The panel of financial experts will include Michael D. Madden, Le Moyne class of 1971; James Gaspo, Le Moyne class of 1985; and Stephen D. Scrobe, Le Moyne class of 1981. They will examine the financial crisis and tackle the tough questions about today's economy.


Michael Madden is a co-founder and managing partner of BlackEagle Partners, a private equity firm focused on investing in businesses with unrealized potential.  Prior to co-founding BlackEagle, Madden was a senior partner at Questor Management Company, a private equity firm which also focused on special situation investing.  While at Questor, Madden was responsible for many of the firm’s most successful investments including Geologistics (freight management and logistics), PinnOak Resources (coal mining) and Chef Solutions (specialty foods).  Madden holds a master’s degree in business administration from the Wharton School of the University of Pennsylvania.


James Gaspo is president of Citizens Bank, New York. He is responsible for the overall day-to-day management of the bank's commercial banking business in New York. Gaspo joined Citizens Bank in June 2004 after spending 12 years as a senior commercial banking officer for KeyBank in Syracuse, N.Y. and Indianapolis. He holds a Master of Business Administration degree from Le Moyne as well as a bachelor’s degree in accounting. Active in the community, he is a member of the board of directors of the Albany-Colonie Regional County Chamber of Commerce and the Salvation Army, the board of advisors of CXtec and the board of trustees of Le Moyne College.


Stephen D. Scrobe serves as managing director, investments and national sales manager for Oppenheimer & Co. Inc.  He has worked in the financial services industry for over 25 years, and joined Oppenheimer in 1989. Over the years, Scrobe has held various positions at the firm, including financial advisor, private client division manager, middle markets, institutional group branch manager and head of institutional sales. In 2003 Scrobe was promoted to his current position as the national sales manager of Oppenheimer’s private client division.


The event is free and open to the public. It is sponsored by the Madden Institute for Business Education. For more information, call (315) 445-4161.


posted on: 4/1/2009