This section includes news listings from 2009.
December 2009 – Professor Nancy Wallace of Haas School of Business, an authority on real estate investment analysis, strategy, finance, and asset-backed securitizations, has joined BCLB as Faculty Co-Director. Professor Wallace has assisted BCLB researchers on several projects, such as our study of the impact of securitization on the ability to restructure subprime mortgages to reduce foreclosures. She has spoken about the financial crisis at several BCLB sponsored events for the UC Berkeley community and the law school alumni. She also was instrumental in developing a popular course on Real Estate Development and Finance that gives law and business students an opportunity to work together. Professor Wallace is Chair of the Real Estate Group at Haas and is Co-Chair of the Fisher Center for Real Estate & Urban Economics.
Nature Biotechnology, November 2009 – In Sarah Webb’s article, “The gold rush for induced pluripotent stem cells,” Ken Taymor notes patent uncertainty in induced pluripotent stem cell research.
The Recorder, November 2009 – Zusha Ellinson asks Aaron Edlin how AMD came out ahead in Intel settlement in “Intel Agrees to Pay AMD $1.25 Billion in Sudden Settlement.”
San Jose Business Journal, November 13, 2009 – The market-moving question can get very “sticky,” comments Eric Talley in, “Insider trading: Lawyers say there can be gray areas.”
October 7, 2009 – Congratulations to BCLB Faculty Director Eric Talley for his appointment as the inaugural holder of the Rosalinde and Arthur Gilbert Chair in Law, Business & the Economy.
September 2, 2009 – In “The Practical Consequences of a National Human Embryonic Stem Cell Registry,” Ken Taymor discusses new guidelines for federally funded stem cell research and suggests ways to address possible regulatory uncertainty and procedural delay.
July 20, 2009 – Anita K. Krug comments on the two approaches to hedge fund regulation, in “Advisers May Find Themselves Targets in Hedge Fund Regulation.”
June 9, 2009 – The Congressional Oversight Panel released its June report “Stress Testing and Shoring Up Bank Capital.” To help make the assessments of the stress tests, the panel engaged BCLB’s Eric Talley and Haas Professor Johan Walden. The entire report can be downloaded here.
Wall Street Journal’s Market Watch, June 9, 2009 – More Stress Tests Urged for Banks
CNBC, June 9, 2009 – TARP Panel Report Gives Lukewarm Review to Stress Tests
Bear Market Investments, June 9, 2009 – Oversight Panel Says Ongoing Stress Tests Needed
The Washington Post, June 9, 2009 – Banks May Need New ‘Stress Tests’
May 27, 2009 – Jesse Fried comments on the possible outcome of the pending copyright suit brought by Apple in, “Psystar bankruptcy protection filing could minimize Apple suit.”
The Huffington Post, May 15, 2009 – Jesse Fried says a NY Times sale could jeopardize its high standards in, “The New York Times And The Forces Of Creative Destruction”
San Francisco Chronicle, May 3, 2009 – Jesse Fried points out potential impacts of auto bankruptcies on Ford in a story titled, “Will Ford benefit from bankruptcies?”
Nature, April 22, 2009 – Ken Taymor comments on the challenging intellectual property issues in commercializing new stem cell technology, in “Stem cells: Fast and furious”
The Washington Times, March 20, 2009 – Jesse Fried comments on executive bonuses in, “House Votes to Tax AIG Bonuses 90%”
ABC 7 News, March 16, 2009 – Jesse Fried comments on AIG Executive Bonuses, to view the interview click here.
The Securities Industry News, March 16, 2009 – Anita K. Krug comments on the regulating of hedge funds in, “Has Hedge Fund Regulation Hit a Wall?”
New York Times, February 20, 2009 – Jesse Fried’s book, Pay Without Performance: The Unfulfilled Promise of Executive Compensation is quoted in the article, “Whom Do Corporate Boards Represent?”
February 14-15, 2009 – Eric Talley moderated a panel on mergers and acquisitions, which focused primarily on outbound China deals at the annual Harvard Asia Business Conference, “Asia in a Whole New World.” Boalt alum Howard Chao was featured on the panel.
New York Times, February 5, 2009 – Jesse Fried responds to President Obama’s announcement on capping executive salaries in the article, “The Effects of Capping Pay.”
The Directors & Officers Diary, January 30, 2009 – Jesse Fried comments on, “Bailouts, Bonuses and Clawbacks.”
January 8, 2009 – John P. Hunt took issue with a January 2, 2009 Wall Street Journal op-ed piece, “Let’s Write the Rating Agencies Out of Our Law.” Hunt says, “Reformers should look not just at identifying and reducing overreliance on ratings, but also at the rating agencies’ incentives to produce ratings of high quality.” Click here to view complete response.