Faculty in the News - Archive
Monday, November 24, 2008Professor Michael GreenbergerThe Christian Science Monitor
– The latest recipient of billions of dollars in federal bailout cash is Citigroup, a bank considered "too big to fail" in some circles. Exposure to complex derivative instruments known as ‘credit default swaps’ (CDS) have fueled a significant portion of Citi’s financial woes, and CDS have played a role in toppling other large financial institutions like Bear Stearns, Lehman Brothers, and AIG. "[CDS] are like land mines," said Michael Greenberger, JD, a professor at the School of Law a former director at the Commodity Futures Trading Commission. "Every indication is that they are at the heart of the financial crisis," added Greenberger.
Monday, November 24, 2008Professor Michael Greenberger"Here and Now," WBUR (NPR)
– President-elect Barack Obama named his economic team this week, most notably his nominees for director of the National Economic Council and Treasury secretary. Michael Greenberger, JD, a professor at the School of Law and a former director of the Commodity Futures Trading Commission, said, "The next step is: are we going to set up a regulatory system that will prevent this kind of [financial] meltdown from happening in the future?"
Friday, November 21, 2008Professor Michael GreenbergerWNYC (NPR), WGBH (NPR)
– Gov. Janet Napolitano (D) is reportedly at the top of President-elect Barack Obama’s list for director of the U.S. Department of Homeland Security, which is made up of 22 agencies and 200,000 employees. Michael Greenberger, JD, a professor at the School of Law and the director of the Center for Health and Homeland Security, said, "I think she is likely to be the answer to this conundrum of managing these agencies, not only because of her executive skills, but because she will attract competent people."
Wednesday, November 19, 2008Professor Kathleen DachilleThe Washington Post
– The Prince George’s County Council adopted one of the nation’s most sweeping restrictions on the sale of cigars yesterday, an effort to curb a growing trend among urban youths of using hollowed-out cigars to smoke marijuana. Studies have shown that the cigars have become increasingly popular among young people in predominantly black communities and can be a gateway to a lifelong cigarette habit, said Kathleen Dachille, JD, assistant professor at the School of Law and director of the School’s Center for Tobacco Regulation, Litigation and Advocacy.
Wednesday, November 19, 2008Professor Michael GreenbergerWUSA TV, Ch. 9 (Washington, D.C.)
– President-elect Barack Obama’s transition team will reportedly select Eric Holder, a senior official in the Justice Department during the Clinton administration, as attorney general. Michael Greenberger, JD, a professor at the School of Law and a former Justice Department official, said, "He is a tough prosecutor, tough-minded, but he blends with that a respect for the Constitution, and I think he’s just a perfect fit for this department."
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