Search Results for: Financial Crisis

European leaders call for increased financial regulation in lead-up to G20 summit

February 23, 2009 08:31:00 AM

European members of the Group of 20 (G20) financial policy body said Sunday that tighter regulation of the financial industry and liberal trade policies are necessary to help the global economy recover from its recent downturn....

February 21, 2009 02:16:00 PM

William L. Richards, Jr., SJD : "The legislative effort to nationalize designated German financial institutions has triggered terminology of expropriation of shareholder interest. Perhaps it is a better characterization to suggest this is our first glimmer into...

February 20, 2009 08:01:00 AM

JURIST Contributing Editor Nancy Rapoport of the William S. Boyd School of Law, University of Nevada Las Vegas, says that the housing bailout provisions of the recently announced stimulus package not only do not go far enough to cover mortgage...

February 18, 2009 04:09:00 PM

German Chancellor Angela Merkel announced Wednesday that her cabinet had agreed on a draft bill that would allow the government to forcibly nationalize some ailing financial institutions....

February 17, 2009 08:01:00 AM

JURIST Contributing Editor Nancy Rapoport of the William S. Boyd School of Law, University of Nevada Las Vegas, says that until we recognize that smart people can and will do some very dumb and even crooked things, no amount of...

February 12, 2009 11:27:00 AM

FBI Deputy Director John Pistole said Wednesday the FBI is looking at shifting a number of agents from national security and counterterrorism activities to investigations involving financial fraud, during a hearing before the US Senate...

February 4, 2009 03:59:00 PM

US President Barack Obama announced Wednesday that his administration will place a $500,000 cap on executive compensation for companies receiving "exceptional assistance" from the federal government. The statement came in conjnction with an announcement...

February 4, 2009 08:01:00 AM

JURIST Guest Columnist William G. Ross of Cumberland School of Law, Samford University, says that for various constitutional, political and practical reasons made all the more pressing by controversies surrounding a number of high-profile and now even withdrawn nominees, the...

December 31, 2008 12:32:00 PM

Bill Marler : "According to the latest news reports, the 22 companies implicated in the Chinese powdered milk crisis are likely to pay 1.1 billion yuan ($160 million) in compensation to the families of the...

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Obama names new SEC chairman

December 18, 2008 04:04:00 PM

US President-elect Barack Obama on Thursday named Mary Schapiro as the Chairman of the Securities and Exchange Commission (SEC) . Schapiro is currently the Chief Executive Officer (CEO) of the Financial Industrial...

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THIS DAY @ LAW

President Ford offered amnesty to Vietnam draft-evaders

On September 16, 1974, President Gerald Ford announced a conditional amnesty program for Vietnam War deserters and draft-evaders which would waive any charges provided they agreed to work two years in public service. A Presidential Clemency Board was created to administer the program - it finished its work in September 1975 after having disposed of 14, 514 cases. Critics said the initiative did not go far enough, however, and noted that only about 19 percent of eligible persons even applied. Learn more about the conditional amnesty program from the Papers of Charles E. Goodell, the Washington lawyer who was Chairman of the PCB, now housed at the Ford Presidential Library in Ann Arbor, Michigan.

Ozone Layer treaty opens for signatures

On September 16, 1987, the Montreal Protocol on Substances that Deplete the Ozone Layer was opened for signature. It has since been signed by almost 200 nations. As a result, the Earth's Ozone Layer is expected to recover by the year 2050.

William O. Douglas born

On September 16, 1898, William O. Douglas was born in Maine Township, Minnesota. Douglas went on to become Chairman of the Securities and Exchange Commission before being named to the US Supreme Court by President Franklin Roosevelt. Douglas would become an influential civil libertarian on the Warren Court and the longest-tenured Justice in history, serving for 36 years and 7 months.