Academic

Weekend Links

By Kim Krawiec

From the SEC Historical Society: Audio Webcast on New World of Financial Regulation, moderated by Theresa Gabaldon, The George Washington University Law School, and with presenters Jesse Eisinger, ProPublica; Roberta S. Karmel, Brooklyn Law School; and Joseph E. Stiglitz, Columbia University Graduate Business School.

(HT: Felix Salmon)

Richard Posner, How I Became a Keynesian: Second Thoughts in the Middle of a Crisis at The New Republic.  (HT: Greg Mankiw)

From the FT, IMF defends securitization markets, arguing that restarting securitization markets is ?critical? to a wider economic recovery, and that new regulatory proposals ? including the US and European proposals to force banks that originated loans to hold on to the first 5 per cent of losses in all securitizations -- might kill the market.

Dahlia Lithwick on Americans' continued love affair with the John Roberts Court.

TPM, via Andrew Sullivan, a ?birthermercial? running on a CBS affiliate in Texas and elsewhere.

Via Michelle Leder at Footnoted.org, the employment contract for Freddie Mac?s newly named CFO, Ross J. Kari.  Leder provides a few key bullets:

-annual compensation of $3.5 million (this includes $675K in salary, $1.6 million in something called ?additional annual salary? and $1.1 million in a target incentive

-a $1.95 million signing bonus

-immediate buyout of Kari?s house (or perhaps houses)

-reimbursement for travel between Washington D.C. and Kari?s residences in Ohio, Washington and Oregon [The compensation memorandum states that, ?Each member of your immediate family may make a single trip every three weeks during the temporary living period to/from the Washington D.C. area and your current residences for which you will be reimbursed.?  KDK]

(HT: Calculated Risk)

Tyler Cowen: Does the average quality of a spam comment exceed the average quality of a non-spam comment?  (Not here at The Lounge, of course!)

Michael Heise at Empirical Legal Studies: "Empirical Holy War" -- Eisenberg v. US Chamber of Commerce

Patrick O?Donnell at Ratio Juris on Political & Legal Obligation: An Introduction, Parts 1, 2, and 3.

Full post as published by The Faculty Lounge on September 27, 2009 (boomark / email).