Faculty in the News - Archive
Wednesday, December 17, 2008Professor Michael GreenbergerWUSA-TV, Ch. 9 (Washington, D.C.)
- The U.S. Federal Reserve lowered its benchmark interest rate to zero to 0.25 percent this week, a move that could be the first in a series of actions geared toward stimulating the economy. Now the Fed is considering buying long-term treasuries, which could ultimately bring down mortgage interest rates and jump-start the housing market. Michael Greenberger, JD, a professor at the School of Law and a former director at the Commodity Futures Trading Commission, said, "We're in a depression in the housing market. If we can get our housing stock sold, people can start refinancing, get new money, again that will loosen up the credit."
Wednesday, December 17, 2008Professor Michael GreenbergerTheStreet.com
- A financial data firm has postponed the launch of a new index that would assign a market value to prime mortgage-backed securities, which could lead to massive write-downs for banks that carry mortgages on their books currently valued much higher than the new market would dictate. Michael Greenberger, JD, a professor at the School of Law and a former director at the Commodity Futures Trading Commission, said, "The value assigned to these securities tends to be overly optimistic, not overly pessimistic."
Tuesday, December 16, 2008Professor Larry GibsonWMAR-TV, Ch. 2
- Larry Gibson, LLB, professor at the School of Law, discussed the meaning of the Barack Obama presidency on a live studio segment that offers context for the election. Gibson showed the breadth and depth of interest around the world in Obama's election as evidence that it is unlike anything that has come before.
Sunday, December 14, 2008Professor Kathleen DachilleRichmond Times-Dispatch
- Research has yet to show a way to cut the risk of smoking. Kathleen Dachille, JD, associate professor at the School of Law who tracks Philip Morris' push for Food and Drug Administration regulation of tobacco, said, "If they are the first ones out with a reduced-risk product with the FDA imprimatur, they will hit pay dirt here."
Wednesday, December 10, 2008Professor Michael GreenbergerFoxnews.com
- A handful of companies are developing nuclear "minireactors," power sources that are transportable and could provide years of energy to small communities as well as an opportunity for terrorists. Michael Greenberger, JD, a professor at the School of Law and director of its Center for Health and Homeland Security, said, "Anything that's portable and provides technology would assist terrorists in their goal to perfect a nuclear weapon, and it's very dangerous to the United States."
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