Chapman Law announces the Vernon L. Smith LL.M. Fellowship in Law and Economics for the 2010-2011 academic year. The Fellowship, named for Chapman’s Nobel laureate professor, is designed to encourage advanced LL.M. study and research in law, economics, business and related fields. Applications must be received by Wednesday, March 31, 2010. Read more here…
Chapman University School of Law alumna Monica T. Centeno co-hosted “The Money Factor” with David Bach. The show focused on alternatives to foreclosure and provided loan modification information. Monica is an expert in the mortgage industry and is extremely knowledgeable on prime and sub-prime financing. To hear the show and read more…
In honor of the inauguration of its new LL.M. degree programs, the Chapman University School of Law and the Economic Science Institute (ESI) has created the Vernon L. Smith LL.M. Fellowship in Law & Economics for 2010-11. The Fellowship is designed to encourage the award winner to pursue study and research in law, economics, business and
Chapman University School of Law Professor Timothy Canova wrote an article for the Brooklyn Law Review, entitled “The Transformation of U.S. Banking and Finance: From Regulated Competition to Free-Market Receivership,” which critiques the deregulation of banking and finance. The article emphasizes, “the distortions and inconsistencies in the deregulation model, including the resort to bailout of
Professor Vernon Smith was the subject of an article in Bellingham Journal, entitled “Nobel laureate to give economic presentation at Western Washington University.” The article announces his visit to the campus to give a presentation titled, “The Housing Bubble that Engulfed the Economy, 1997-2006: Parallels with the 1920’s,” and details his many other achievements. Read
Associate Dean Timothy Canova was quoted in an article in the Washington Times, entitled “Treasuries Shaky as Investors’ Sanctuary.” The article discusses the “bubble” that has developed in the market for Treasury debt. Dean Canova comments that there is not only a bubble developing in US Treasuries, but also in the US dollar. Canova states,
Professor Vernon Smith and Visiting Research Associate Steven Gjerstad published an op-ed in the Wall Street Journal entitled, “From Bubble to Depression?” The article discusses effects of the collapse of the housing-bubble on the economy. Smith and Gjerstad write, “Why does one crash cause minimal damage to the financial system, so that the economy can
Professor Ronald Rotunda published an op-ed in Chicago Tribune, entitled “Was Madoff good for the economy?” In this piece, Professor Rotunda discusses the Obama Administration’s economic stimulus plan. Professor Rotunda argues, “Perhaps it made sense during the Depression for the government to spend money when the alternative was people hiding cash in their mattresses. But
Associate Dean Tim Canova was quoted in an article in the San Diego Union Tribune, entitled “Breaking up money-pit behemoths is necessary.” The article argues that the U.S. government should allow financial giants such as AIG to fail rather than attempting to prop them up. Regarding the spate of deregulation and lack of law enforcement
Professor Kurt Eggert was quoted in an article in the Los Angeles Times entitled, “Countrywide sues AIG unit over its failure to cover loan losses.” The piece discusses a suit recently filed by Countrywide Home Loans Inc. complaining that AIG didn’t cover more than $43 million in losses from failed real estate loans, many of