Sen. Phil Gramm, chairman of the Senate Committee on Banking, Housing and Urban Affairs, has announced the slate of witnesses scheduled to testify at a full committee hearing on the pooling of interests method of accounting for corporate mergers.

The hearing focuses on a rule proposed by the Financial Accounting Standards Board that would eliminate the pooling method. Following this change, all business combinations would be accounted for as acquisitions using the purchase method of accounting.

WHAT:

Committee on Banking, Housing and Urban Affairs

WHEN:

10:00 a.m. Thursday, March 2, 2000

WHERE:

Room 628, Senate Dirksen Building

WHO:

Harvey Golub
Chairman and CEO
American Express
New York, NY

John Doerr
Partner
Kleiner Perkins Caufield & Byers
Menlo Park, CA

Jim Barksdale
Partner
The Barksdale Group
Menlo Park, CA

Dennis Powell
V.P. & Controller
Cisco Systems
San Jose, CA

Robert Ryan
CFO
Medtronic
Minneapolis, MN

Alain Hanover
President & CEO
Incert Software
Cambridge, MA

Kimberly Pinter
Director Corporate Finance & Tax Policy
National Association of Manufacturers
Washington, D.C.

Martin Regalia
Chief Economist
U.S. Chamber of Commerce
Washington, D.C.

Edmund Jenkins
Chairman
Financial Accounting Standards Board
Norwalk, CT