Faculty in the News - Archive
Tuesday, October 14, 2008Professor David GrayThe Washington Post
– Prosecuting a suspect who was arrested while holding a package containing hundreds of thousands of dollars’ worth of marijuana might seem like a slam-dunk. But in Prince George’s County, two such defendants, initially charged with felonies, were recently convicted of misdemeanors. The desire to avoid falsely accusing an unwitting recipient is not the only reason to investigate such cases extensively, said David Gray, JD, PhD, an assistant professor at the School of Law. Appellate courts have held that simply showing that someone possessed a package of illegal drugs isn't enough to obtain a conviction for possession with intent to distribute, he said.
Tuesday, October 14, 2008Professor Michael GreenbergerBloomberg.com
– President Bush appointed Neel Kashkari to coordinate the $700 billion bailout as head the Office of Financial Stability and overseer the U.S. Treasury’s Troubled Asset Relief Program. Kashkari is a former banker at Goldman Sachs Group, Inc., one of the largest investment banks on Wall Street and one of the few institutions that wasn’t swallowed by derivative malfeasance. Michael Greenberger, JD, a professor at the School of Law and a former director at the Commodity Futures Trading Commission, said, "It was unfortunate that it was yet another Goldman Sachs person taking the helm." Greenberger added, "Essentially, it appears that he is turning to the very financial institutions that led to the problems to fix the problems."
Tuesday, October 14, 2008Professor Michael Greenberger"File on 4," BBC Radio 4
– Like their American counterparts, European governments have committed trillions of dollars to bail out troubled banks in a move that typifies the worldwide impact of the financial crisis. Michael Greenberger, JD, a professor at the School of Law and a former director at the U.S. Commodity Futures Trading Commission, says, "It’s the highest form of irony here, we started out saying the free market is king and the government is in the way, and we end up with the government owning the financial services system and picking up the tab for the mistakes."
Monday, October 13, 2008Professor Michael GreenbergerFinancial News (U.K.)
– On the heels of the steepest two-week drop in U.K. gas prices ever recorded, some market insiders say the fundamental reason is supply and demand and not price manipulation by speculators. The article does not quote any experts who believe speculators were a key factor in soaring oil prices over the summer. Michael Greenberger, JD, a professor at the School of Law and a former director at the Commodity Futures Trading Commission, testified on this issue six times before various Congressional committees in June and July.
Monday, October 13, 2008Senior Judicial Fellow John Fader IIExhibit A
– Inside Baltimore-area courthouses, judges and lawyers say many do-it-yourselfers are making a hash of things. Too often, they unknowingly violate the rules of pretrial processes and cause delays. Trials have to be rescheduled when neophytes lack the necessary evidence. "A lot of these people don’t know what the devil is going on," says retired Baltimore County Circuit Judge John Fader, JD, senior judicial fellow and lecturer at the School of Law. "Pro se’s don’t know how," says Towson attorney Stacy LeBow Siegel, JD/MBA, a family law expert and adjunct professor at the School of Law. "Having to do things over again increases fees for your client."
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