Faculty in the News - Archive
Tuesday, May 9, 2006
Professor Kathleen DachilleUSA Today – In the past 18 months, lawmakers in at least 15 states have considered bills to require fire-safe cigarettes but opponents are using procedural maneuvers to block votes on the bills. In Maryland, a fire-safe cigarette bill passed the state House 124-12 last month, but two senators blocked final votes as the legislative session closed. R.J. Reynolds, the nation’s second-largest tobacco company, led the lobbying to kill the bill, says Kathleen Dachille, JD, assistant professor at the School of Law and director of the school’s Legal Resource Center for Tobacco Regulation, Litigation & Advocacy, which supports tighter restrictions.
Tuesday, May 9, 2006
Professor Michael GreenbergerThe Philadelphia Inquirer, Bloomberg News – Man Group’s U.S. brokerage and seven of its employees were sued yesterday for fraud and racketeering by a court-appointed receiver seeking to recoup investor assets lost in the collapse of a Philadelphia hedge fund. The company is accused of violating the Commodity Exchange Act and the Racketeer Influenced and Corrupt Organizations Act, or RICO, by letting the fund hide its losses in a brokerage account. "Under RICO, you’re not just talking about damages, you’re talking about treble damages," said Michael Greenberger, JD, professor at the School of Law and former director of trading and markets at the CFTC. "It makes it that much more attractive for the defendant to settle, because if you litigate the case, your damages could escalate."
Tuesday, May 9, 2006
Professor Kathleen DachilleThe Arizona Republic – In the past 18 months, lawmakers in at least 15 states have considered bills to require fire-safe cigarettes. But opponents often use procedural maneuvers to block votes on the bills as legislative sessions wind down. In Maryland, a fire-safe cigarette bill passed the House of Delegates 124-12 last month, but two senators blocked final votes as the legislative session closed. R.J. Reynolds Tobacco Company, the nation’s second-largest tobacco company, led the lobbying to kill the bill, says Kathleen Dachille, JD, assistant professor at the School of Law and director of the Legal Resource Center for Tobacco Regulation, Litigation & Advocacy, which supports tighter restrictions.
Tuesday, May 9, 2006
Professor Michael GreenbergerDow Jones Newswires – At a Senate Democratic Policy Committee hearing on energy trading, it was argued that something more than the market forces of supply and demand are driving up oil, natural gas, and electricity prices, renewing calls for legislation that would shed more light on energy markets. "What is troubling, however, is the argument that has been vigorously advanced in many quarters that market manipulation has nothing to do with this price," said Michael Greenberger, JD, professor at the School of Law, who was director of markets and trading at the Commodity Futures Trading Commission during the Clinton administration, and who testified at the hearing.
Monday, May 8, 2006
Professor Michael GreenbergerWTOP-FM - In an early morning interview, Michael Greenberger, JD, professor at the School of Law and director of the Center for Health and Homeland Security, was interviewed about his testimony at a U.S. Senate hearing regarding trading. Greenberger, who was director of markets and trading at the Commodity Futures Trading Commission during the Clinton administration, testified about the changing nature of the energy markets, federal regulation, and national security implications of the current market structure.
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