Faculty in the News - Archive



Sunday, November 30, 2008

Professor Michael Greenberger

PoliticalCortex.com - It's almost conventional wisdom by now; financial instruments known as credit default swaps (CDS) amount to little more than sleight-of-hand activity, but CDS played a major role in tanking the market and crippling some of America's most venerable financial institutions. Michael Greenberger, JD, a professor at the School of Law and a former director at the Commodity Futures Trading Commission, said a CDS "is a contract between two people, one of whom is giving insurance to the other that he will be paid in the event that a financial institution or a financial instrument fails."

Friday, November 28, 2008

Professor Robert Condlin

The Daily Record – In a letter to the editor, Robert Condlin, LLM, JD, professor at the School of Law, writes: "‘Outward appearances can be deceiving when it comes to [Lawrence] Summers, a lauded economist who became president of Harvard University, only to resign after some faculty members accused him of harboring sexist thoughts.’ Excerpt from Associated Press article, Nov. 24. This is one of the strangest summaries of the Larry Summers fiasco I have ever seen."

Thursday, November 27, 2008

Professor Michael Greenberger

Nightly Business Report, PBS - The 111th Congress and the incoming Obama administration face the daunting task of overhauling the government’s financial regulatory system, and that push could include increased regulation in the opaque derivatives market. Michael Greenberger, JD, a professor at the School of Law and a former director at the Commodity Futures Trading Commission (CFTC), advocated increased federal oversight of derivatives when he was with the CFTC in the late 1990s.

Wednesday, November 26, 2008

Professor Michael Greenberger

WUSA- TV, Ch. 9 (Washington, D.C.) – The Fed and the Treasury announced $800 billion in new bailout money to free Fannie Mae and Freddie Mac from crushing mortgage guarantees and to loosen the market for consumers looking for loans and credit. Michael Greenberger, JD, a professor at the School of Law and a former director at the Commodity Futures Trading Commission, said, "This last month, people are starting to feel the pinch directly, they can’t get credit, student loans are in jeopardy, auto loans are hard to get, so Main Street is definitely starting to feel the problems here."

Tuesday, November 25, 2008

Professor Michael Greenberger

Caribbean Net News, Listin Diario – Michael Greenberger, JD, a professor at the School of Law and a former director of the Commodity Futures Trading Commission, spoke at an international conference on the global financial crisis held last weekend in the Dominican Republic. The conference, hosted by Dominican President Leonel Fernandez, featured other highly accomplished economic experts and government officials, including George Soros and Michael Masters.

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Copyright © 2014, University of Maryland Francis King Carey School of Law. All Rights Reserved