Roundtable representatives will meet in a group discussion with Treasury Secretary Paul O'Neill on the future of the economy and the job market. The roundtable will point to the billions of dollars in canceled real estate construction due to the absence of sufficient and affordable terrorism insurance, the corresponding effects on employment, and another resulting issue.
"Some think of this problem as only affecting tall buildings in big cities," Roundtable treasurer Penny Pritzker points out in a prepared statement to be delivered at the forum. "But most of the equity invested in these so-called 'high-profile' properties comes from the literally thousands of individual investors and pensioners that comprise the nation's pension funds and real estate investment trusts."
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