AGENDA (as of 03/09/10)New Ideas for Limiting Bank Size Murphy Conference on Corporate LawFordham Law SchoolMarch 12, 2010
AGENDA (as of 03/09/10)New Ideas for Limiting Bank Size
Murphy Conference on Corporate LawFordham Law SchoolMarch 12, 2010
Printer-Friendly Schedule
March 11, 201008:00 p.m.Welcome Dinner for Panelists
Cafe Fiorello1900 Broadway (between 63rd and 64th Streets) 08:45 - 08:50 a.m.Welcome
Cafe Fiorello1900 Broadway (between 63rd and 64th Streets)
Zephyr Teachout 08:50-09:00 a.m.Introductory Remarks
Gary Stern 09:00 - 10:20 a.m.Panel 1: The Status Quo and How We Got There
Gary Stern
Richard Carnell Bank Regulators' Perverse Incentives James Kwak Who is Too Big to Fail? Elizabeth Nowicki How Big is Too Big? Proposals for Limiting Bank Size: Current Enforcement Problems F.M. Scherer A Perplexed Economist Confronts "Too Big To Fail" Jennifer Taub What We Don't Talk About When We Talk About Banking Recommendations for Reality-Based Regulatory Reform of Hedge Funds and other Private Pools of Capital Richard Carnell Moderator 10:30 - 10:40 a.m.Break 10:40 - 12:00 p.m.Panel 2: Creative Ideas for Limiting Bank Size I
What We Don't Talk About When We Talk About Banking
Recommendations for Reality-Based Regulatory Reform of Hedge Funds and other Private Pools of Capital
Dean Baker Financial Transactions Tax Dana Chasin Systemic Risk: Understanding and Addressing Institutional Interconnectedness Ron Feldman "Living Wills" for Financial Institutions Cornelius Hurley Banks Need to Return Subsidy Tamar Frankel Toxic Financial Intermediaries Richard Squire Moderator 12:00-12:10 p.m.Legislative Update
Heather McGhee Bigger Banks, Riskier Banks A Brief History of the Glass-Steagall Act 12:10 - 01:15Lunch and Keynote Address
Bigger Banks, Riskier Banks
A Brief History of the Glass-Steagall Act
Simon Johnson Keynote: 13 Bankers Richard Carnell Respondent Open Discussion 01:15 - 01:30 p.m.Break 01:30 - 02:50 p.m.Panel 3: Creative Ideas for Limiting Bank Size II
Jane D'Arista Inflating the Financial System: How It Was Done; How to Prevent It From Happening Again Rob Johnson I Dream of Genie -- Credible Resolution Authority? Richard Neiman The Volcker Rule and other Efforts to Tackle Risk Frank Pasquale Does Bigness Lead to Badness? Asymmetries, Power, and Productivity in Big Banking Business Models Art Wilmarth Reforming Financial Regulations to Address the Too-Big-To-Fail Problem Daniel Sokol Respondent 02:50 - 03:30 p.m.Panel 4: Time for a New Antitrust? Carl Felsenfeld An Antitrust Approach Jesse Markham Lessons for Competition Law From The Economic Crisis: Can Antitrust Intervention Ever Avert TBTF? Zephyr Teachout Proposal for a New Antitrust Law Paul M. Kaplan Respondent Zephyr Teachout Moderator 03:30 - 03:50Break 03:50 - 4:50 p.m.Panel 5: False Assumptions
Reforming Financial Regulations to Address the Too-Big-To-Fail Problem
Lawrence Baxter When "Big" Becomes a Problem Shawn Bayern The False Assumptions of Law and Economics William Black Reexamining the Law and Economics Theory of Corporate Governance Epidemics of "Control Fraud" Lead to Recurrent, Intensifying Bubbles and Crises When Fragile becomes Friable: Endemic Control Fraud as a Cause of Economic Stangation and Collapse Systemically Dangerous Institutions Mark Gimein Respondent Russell Pearce Respondent 04:50 - 05:30 p.m.Open Discussion and Closing Remarks Richard CarnellCarl Felsenfeld 06:00 p.m.Informal Closing Dinner for PanelistsSapphire 1845 Broadway (between 60th and 61st Streets) Other Attendees
Reexamining the Law and Economics Theory of Corporate Governance
Epidemics of "Control Fraud" Lead to Recurrent, Intensifying Bubbles and Crises
When Fragile becomes Friable: Endemic Control Fraud as a Cause of Economic Stangation and Collapse
Systemically Dangerous Institutions
Richard CarnellCarl Felsenfeld 06:00 p.m.Informal Closing Dinner for PanelistsSapphire 1845 Broadway (between 60th and 61st Streets) Other Attendees
Tiffiniy Cheng A New Way Forward Erin M. Ryan Legislative Counsel to Congresswoman Jackie Speier (CA-12) Donald Shaw A New Way Forward
