Faculty in the News - Archive
Tuesday, July 8, 2008Professor Kathleen DachilleThe Baltimore Sun
- Peter Franchot, comptroller of Maryland, scrambled yesterday to offer his support for a proposed city ban on the individual sale of cheap cigars days after his office wrote a letter to Baltimore officials arguing that the ban would be illegal. Kathleen Dachille, JD, director of the Legal Resource Center for Tobacco Regulation, Litigation, and Advocacy at the School of Law, who worked with the health department in support of the proposal, said her interpretation of the law is that the city may regulate such businesses if the state has not done so aggressively. She said there are few state regulations on the books for cigar sales.
Tuesday, July 8, 2008Professor Michael GreenbergerFeedstuffs
- Energy and agricultural futures markets will take center stage as two House committees ask whether soaring prices should be blamed on excessive speculation or on supply not keeping pace with demand. Michael Greenberger, JD, professor at the School of Law and a former director at the U.S. Commodity Futures Trading Commission, will testify on Thursday before the House Committee on Agriculture and the House Appropriations Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies. He will testify again on Friday before the House Committee on Agriculture.
Monday, July 7, 2008Professor Rena SteinzorIhatewhatyoujustsaid.com blog
- The Pentagon and the Environmental Protection Agency are mired in a dispute over the pace of environmental clean-ups at Maryland's Fort Meade and Fort Detrick, where contamination from fuels and munitions for years seeped into soil and groundwater. "This is stunning," said Rena Steinzor, JD, a professor at the School of Law and president of the nonprofit Center for Progressive Reform, who helped write the Superfund laws as a congressional staffer. "The idea that they would refuse to sign a final order that is the height of amazing nerve."
Monday, July 7, 2008Professor Michael GreenbergerMcClatchy Newspapers, Fortune, Bellingham Herald, High Plains/Midwest Ag Journal
- Congress is expected to put oil prices at the top of its legislative list starting this week once lawmakers return from their holiday hiatus. A cornucopia of bills in both the House and the Senate are targeting speculative activity in unregulated markets, which some analysts blame for driving up the cost of oil as much as 50 percent. "We need to look at these markets very closely to see what’s going on with them," said Michael Greenberger, JD, professor at the School of Law and a former director at the Commodity Futures Trading Commission. "My opinion is a meaningful investigation will drain speculation from the markets," Greenberger said.
Sunday, July 6, 2008Professor Michael GreenbergerThe Newark Star Ledger
- In December 2000, Congress passed the Commodity Futures Modernization Act (CFMA), which experts say created the so-called "Enron Loophole" a provision that effectively exempted from regulation energy trading on electronic platforms in the U.S. The resulting excessive trading and speculation was a catalyst for the energy crisis in California in 2001 and could be to blame for record-high oil prices today. Michael Greenberger, JD, professor at the School of Law and a former director at the Commodity Futures Trading Commission, said because of the CFMA, regulators have no way of gauging the extent of speculation on electronic markets, limiting their ability to detect price manipulation.
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