Faculty in the News - Archive
Sunday, June 29, 2008Professor Michael GreenbergerThe Disciplined Investor (podcast)
- Oil prices reached another record high today, once again bringing into question the role of speculators’ trading in unregulated futures markets. On The Disciplined Investor, one of the most popular podcasts among Wall Street's rank and file, Michael Greenberger, JD, professor at the School of Law and a former director at the Commodity Futures Trading Commission, said proper regulation enacted by Congress could significantly lower oil prices immediately. "When you have an unregulated market as we have today, and you have the extreme leverage %85 you don’t have to corner something, you can strategically pick vulnerabilities," said Greenberger.
Sunday, June 29, 2008Professor Michael GreenbergerThe Dallas Morning News
-Former Sen. Phil Gramm (R-Texas) is a top economic advisor to Sen. John McCain’s presidential campaign, but Gramm’s legislative past has drawn criticism from Democrats and financial experts. Gramm championed the Commodity Futures Modernization Act of 2000, which effectively removed a significant block of energy futures trading from regulatory oversight and paved the way for Enron’s manipulation of energy prices in California. Michael Greenberger, JD, professor at the School of Law and a former director of the Commodity Futures Trading Commission, said Gramm dislodged the bill from legislative purgatory.
Friday, June 27, 2008Dean Karen RothenbergThe Art of Advocacy (blog)
- Much news this week from Karen H. Rothenberg, JD, dean of the School of Law. On Wednesday she offered an excellent op-ed on the importance of law schools attending to the ethical aspects of the legal profession. And yesterday came word that she will be stepping down as dean and returning to the faculty at the end of next school year. The law school will miss her leadership. Over the years she has steered the School with the same moral sensibility that is on display in the op-ed.
Thursday, June 26, 2008Dean Karen RothenbergThe BLT (The Blog of Legal Times), The Baltimore Sun, The Washington Post, The Baltimore Examiner, The Baltimore Business Journal, The Associated Press
- Karen H. Rothenberg, JD, the first female dean of the School of Law, announced yesterday that she will step down at the end of the next academic year and return to the faculty of the downtown school. "We’re thriving, so it’s a perfect time to say, ‘Let’s move into our next transition,’ and it's a good time for me personally," said Rothenberg, 55, who became law dean in 2000, after a year as interim dean, and is now in her 25th year with the School.
Thursday, June 26, 2008Professor Michael GreenbergerPolitico.com, WFMJ.com, WISTV.com
- U.S. lawmakers are scrambling to pass legislation aimed at dropping gas prices immediately, and bills have been introduced that range from banning speculators from the market completely to cracking down on price gouging by oil companies. Michael Greenberger, JD, professor at the School of Law and a former director at the Commodity Futures Trading Commission, testified before two congressional committees earlier this week, arguing that a key component to lowering the price of oil is regulating oil speculation on ‘dark markets.’ "I think we've made a terrible mistake calling the Intercontinental Exchange a [British] exchange when its headquarters are in Atlanta, its operations are in Chicago, and it has trading engines across the United States," Greenberger said. "What’s happening in these markets is not friendly to the American gas-paying public, it is very friendly to Wall Street interests."
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