Telestrat is a worldwide leader in continuing legal education (CLE) courses. Our Telestrat MBA Seminar Series has brought the world of finance, accounting, and business strategy to lawyers in the U.S., Europe, and Asia.

Live Webcasts

Telestrat periodically holds live interactive webcasts covering business topics. These live webcasts are scheduled at specific times and include both an online component and a phone teleconference.

Financial Markets Explained

Format:Live webcast - facilitates real-time interaction with instructor
Date:October 9, 2008
Time:12pm - 1pm Eastern, 9am - 10am Pacific
CLE Credits:Usually 1-1.5 credits depending on the state
Presented by:Reuben Advani, Former Investment Banker, Author, Professor
Tuition:$99/ Session

Understanding financial markets and financial analysis is taking on new proportions in the midst of a major global financial shift. Volatility in commodities market, the collapse of major financial institutions, and a rapid decline in the real estate markets has threatened every aspect of our economy. Lawyers are faced with new challenges in the midst of these changes and therefore must develop a solid understanding of these concepts to best serve their clients. This course offers a brief overview of factors most influencing the financial markets today.

  1. Introduction
    • Corporate Balance Sheet
    • Loss of Confidence
    • Accounting Problems
  2. Subprime Lending
    • Subprime Mortgages
    • Collateralized Debt Obligations (CDO’s)
    • Credit Default Swaps (CDS’s)
  3. Mark-to-Market
    • FASB Rules
    • Write-Downs
  4. Short Selling
    • FASB Rules
    • Write-Downs
  5. Case: AIG--What Went Wrong?

Reuben Advani

Former Investment Banker, Author, Professor

Reuben Advani is president of Telestrat Consulting, Inc., a financial advisory boutique which specializes in corporate valuation. Mr. Advani began his career with the Wall Street bank, Morgan Stanley & Co., Inc. where he worked in the firm’s corporate finance division. At Morgan Stanley, he performed detailed valuation analysis on acquisition targets for Fortune 500 companies and oversaw the coordination of several debt and equity issuances. After Morgan Stanley, Mr. Advani joined Sony Corporation of America where he was active in the development of Sony's online initiatives. Mr. Advani has provided consulting services to companies throughout the U.S. and Latin America and has held interim positions with several of them including CFO and COO. He is a frequent speaker on topics ranging from corporate valuation to financial reporting and is the author of The Wall Street MBA (McGraw-Hill).

Mr. Advani holds a BA from Yale University and an MBA from the Wharton School, and serves as an adjunct professor of finance at Drexel University.