From the FT: Kweku Adoboli, a 31-year old trader in UBS’s London-based exchange traded funds business, was arrested on Thursday morning in connection with a $2bn loss due to unauthorised…
Hofstra University School of Law is now the Maurice A. Deane School of Law, after a $20 million gift from the Hofstra law school alum. Deane, a retired pharma exec,…
Many thanks to our guest bloggers Cristie Ford, Erik Gerding, Brett McDonnell, Saule Omarova, and Dan Schwarcz for what has been a really amazing two day on-line forum. I’ve greatly…
Emily Spieler, who has served as the dean of the Northeastern University School of Law since 2002, has announced that she will step down at the end of the academic…
And would that be a good thing? This is a bit of a tongue-in-cheek way, I suppose, of trying to tie together some of the preceding posts and pose some…
Check out the last at http://econjwatch.org/ The symposium has papers by James E. Penner,Thomas W. Merrill, Henry E. Smith, Richard A. Epstein, Stephen R. Munzer, and Robert C. Ellickson.
From my colleague Lawrence Baxter comes this very useful comparative glimpse at the financial reform questions we're addressing here today: This morning the British Independent Banking Commission (ICB) released its…
In my last post, I was discussing the public comments on the Volcker rule. As noted, 7316 of those comments are a virtually identical form letter. I outline the possible…
Does financial reform need reforming? How would we even know? What mode of analysis might yield insight into this question? Two possibilities come readily to mind. One, which I…
As I mentioned previously, we’ll be hosting an on-line forum, Reforming Financial Reform?, here at the Lounge today and tomorrow. I am very excited about this discussion and hope that…