From our powerful opening keynote, "From the subprime to the ridiculous," delivered by Pat Butler, head of the European financial services practice for McKinsey & Co., to the rousing final session on emerging markets, featuring the frank and honest interpretation of the current situation in Russia by Igor Kouzin, chairman of DeltaCredit, EuroCatalyst 2007 presented some of the top representatives of global mortgage markets in an open discussion on where we all stand and how we're going to move forward.
EuroCatalyst is especially grateful for the support of its partners, FitchRatings, Crédit Foncier, AIG United Guaranty, Crown Westfalen Bank, Gruppo MutuiOnline, McCann Fitzgerald, and OneLife.
We also thank our 5-star alumni cast of individuals who've been to all five EuroCatalyst annual gatherings, from Madrid in 2002 to Lisbon in 2003, Berlin in 2004, Rome in 2005 and Madrid this year.
For the past five years we have educated and warned about the risks and rewards of rapid mortgage market growth in the global marketplace. As market conditions bear out the points we have made over the years, we dedicated this final event in Madrid to the bigger picture and how it will impact each and every player in every market sector moving forward. We wish that we had better news to report.
With no media in attendance, it was a rare occasion to get those impacted by the current crisis together to look for recovery and solutions.
To anyone interested in what we were trying to accomplish, please read our formal statement and personal thanks to all who've participated in the annual EuroCatalyst event over the last five years.