The peer-to-peer roundtable discussion was led by Foley Partners Christopher Cain and Joseph Tyson, Jr., along with Maneesh Arora of Third Wave Technologies, Patrick Condon of Deloitte & Touche LLP, Carl Laurino of The Manitowoc Company, Inc., Dennis Letham of Anixter International Inc., and Jason Wortendyke of UBS Securities LLC. The discussion addressed the growing role of the CEO in the executive compensation process; the impact of the subprime crisis on the economy, including the impact on liquidity, credit availability, and investment policies; and the potential corporate impact of the presidential election. Other topics included risk management, the role of the audit committee, and the use of International Financial Reporting Standards versus Generally Accepted Accounting Principles.