During the past two years, our country has seen the most severe economic crisis in a generation. While most of us were left scratching our heads wondering how this could have happened, University of San Diego School of Law Professor Frank Partnoy was there to explain the near collapse of Wall Street.
With appearances on "60 Minutes," "Newshour with Jim Lehrer," "NOW" on PBS, NPR's "Fresh Air" and "The Daily Show" on Comedy Central, Partnoy was able to break down and explain the intricate transactions and complex derivatives played into the crisis. He also explained how credit raters such as Standard & Poor's and Moody's worked as a catalyst in these risky financial games.
A longtime advocate for reform of financial market regulation, Partnoy's expertise on financial markets has been recognized by the United States Senate, where both Democrats and Republicans have invited him to testify. He has also written three books -- "F.I.A.S.C.O.:Blood in the Water on Wall Street," "Infectious Greed:How Deceit and Risk Corrupted the Financial Markets" and most recently "The Match King: The Financial Genius Behind a Century of Wall Street Scandals" -- all providing an in-depth look at Wall Street's unregulated markets and corporate scandals.
When Partnoy isn't writing books or making national media appearances, he is teaching at the USD School of Law.
His most recent endeavor is the launch of the school's new Center for Corporate and Securities Law. The goal of the center is to enrich scholarly and popular debate on a wide range of issues related to corporate governance, financial regulation and other business law topics, in hopes that education will help us avoid future financial market meltdowns.
To launch this new center, the USD School of Law has partnered with Corporate Directors Forum (CDF) to present "Legal Issues in the Year Ahead: What Directors and General Counsel Need to Know," the pre-conference session for Directors Forum 2010: Directors, Management & Shareholders in Dialogue.
The partnership between USD Law School and CDF was a natural fit for both parties. Like USD's Center for Corporate and Securities Law, CDF's main purpose is to help directors be better directors through education and peer networking. Directors Forum 2010 is a national conference that brings together institutional investors, companies and regulatory organizations to talk about today's challenges and emerging corporate governance issues.
The pre-conference session is a kickoff for Directors Forum 2010, starting Jan. 24 from 2-5 p.m., featuring national corporate experts Vice Chancellor Leo E. Strine Jr. of the Deleware Court of Chancery, Darren J. Robbins of Coughlin Stoia Geller Rudman & Robbins, Koji Fukumura of Cooley Godward Kronish LLP and Partnoy. The Directors Forum 2010 conference will continue through Jan. 26.
For more information about the Center for Corporate and Securities Law or the Directors Forum 2010 pre-conference event, log on to law.sandiego.edu.
Submitted by the University of San Diego School of Law