Law School Hosts Roundtable Discussion on the Economy
Law School Hosts Roundtable Discussion on the Economy Foreclosures rise. The stock market plummets. Credit markets freeze. Huge companies go bankrupt or are effectively nationalized. Former Federal Reserve chief Alan Greenspan says we’re in a “once-in-a-century” financial crisis. Politicians and pundits predict a depression.
The current economic crisis set the stage for a Roundtable Discussion: The Economic Crisis and The Emergency Economic Stabilization Act of 2008, on Thursday, October 23 at the law school. Five members of the law school faculty discussed the issues that impact today’s economic woes, before a packed house of students, faculty and concerned members of the public.
The program was organized by Professor Max Huffman, who spoke on consumer credit ramifications. Other participants were Cynthia A. Baker, Clinical Associate Professor of Law and Director, Program on Law and State Government, who addressed the impact on state and local government finance; Antony Page, Associate Professor of Law and Dean’s Fellow, who spoke on “From Mortgage Crisis to Financial Meltdown;” Nicholas L. Georgakopoulos, Harold R. Woodard Professor of Law, who tackled the topic, “From Financial Crisis to ... (Great Depression?)” and Lloyd T. “Tom” Wilson, Jr., Professor of Law and Chair-Elect, AALS Section on Real Estate Transactions who provided comment on “Understanding the Mortgage Crisis.”