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In this podcast show, we explore with our repeat guest, Professor Dan Awrey of Cornell University Law School, his working paper “Money and Federalism” in which he advocates for the enactment of Federal legislation creating a Federal charter for non-banks engaged in the payments business, like PayPal and Venmo. The article may be accessed online at SSRN and will likely be published in a law review at some time in the future. The abstract of Professor Awrey's article describes in general terms what we discussed: The United States is the only country in the world in which both federal and state governments possess independent and yet overlapping authority for bank chartering, regulation and supervision. The roots of this unique dual banking system can be traced back to the Constitution, written almost a century before banks rose to the apex of the financial system and became the dominant source of money. Beginning with the landmark Supreme Court decision in Maryland v. McCulloch, the system has been a wellspring of jurisdictional conflict. Yet over time, this highly contested and highly fragmented system has also produced strong federal oversight and a financial safety net that protects bank depositors, prevents destabilizing runs, and promotes monetary stability. This system is now under stress. The source of the stress is a new breed of technology-driven financial institutions licensed and regulated almost entirely at the state level that provide money and payments outside the perimeter of both conventional bank regulation and the financial safety net. This article examines the rise of these new monetary institutions, the state-level regulatory frameworks that govern them and the nature of the threats they may one day pose to monetary stability. It also examines the legal and policy cases for federal supremacy over the regulation of these new institutions and advances two potential models, one based on complete federal preemption, the other more tailored to reflect the narrow yet critical objective of promoting public confidence and trust in our monetary system. Professor Awrey explained why existing state money transmitter statutes under which non-bank payments firms are generally licensed provide insufficient protection for consumers who use these firms. State money transfer statutes were created many years ago to protect consumers that were using Western Union. These laws were not designed to protect consumers that deploy non-bank Fintech companies using new technologies to transfer funds. These companies don't have access to the Federal Reserve's central payments system that banks have access to. These non-bank companies, unlike banks, are subject to federal bankruptcy law. That increases the likelihood that consumers can lose their funds deposited in one of these non-bank companies in the event of its failure. Professor Awrey concludes that the answer to this problem is the enactment of federal legislation which would create a federal charter for non-bank companies engaged in transmitting payments. A company that is granted such a charter would have access to the Fed's payment rails and would be exempt from the federal Bankruptcy Code. Such a company would be very restricted in the types of investments it may hold. The federal charter would ideally preempt many state laws, including state money transmitter laws. We also spent some time at the beginning of the show discussing the status of FedNow, the instant payments system launched by the Federal Reserve System in July 2023. Professor Awrey was previously a guest on our podcast show on September 14, 2023 entitled “What is FedNow and its Role in the U.S. Payments System.” At that time, Professor Awrey predicted that FedNow was too little, too late and too expensive for small banks. Professor Awrey's opinion is unchanged. He noted that the Fed has so far refused to share any data about FedNow usage. Alan Kaplinsky, Senior Counsel and former practice group leader for 25 years of the Consumer Financial Services Group, hosted the podcast show.
EPISODE SUMMARY: Curtis LeGeyt is the president and CEO of the National Association of Broadcasters. He shares how his background in business, politics and law has shaped his career in broadcasting and discusses the challenges and opportunities broadcasters face in Washington, D.C.On this episode of Chachi Loves Everybody, Chachi talks to Curtis LeGeyt about:How his passion for journalism, public service and politics led him to Cornell University Law School and Capitol HillHis experience working on the Obama Campaign and the Senate Judiciary CommitteeThe value of over-preparation and confidence in your workBecoming President and CEO of NABNAB's advocacy efforts, including coordinating with local stations, policymakers and the public to ensure the availability and quality of broadcast programmingThe challenges and rewards of bipartisan collaborationThe unique environment of Washington, D.C.His advice for young people interested in a career in broadcasting and his thoughts on the futureAnd more!ABOUT THIS EPISODE'S GUEST: Curtis LeGeyt is the president and CEO of the National Association of Broadcasters. In this role, he serves as the chief advocate for America's free, local television and radio stations and their network partners. He previously served as the chief operating officer of the association before assuming his current role in January 2022. LeGeyt also served as the executive vice president, Government Relations, from 2015-2020.As president and CEO, LeGeyt is leading NAB's charge for policies and innovations that enable the availability of high-quality local broadcast programming to all consumers. He and his team successfully advocate for policies that level the playing field between local stations and Big Tech companies, prevent harmful new regulations that hinder broadcasters' ability to serve their communities, and promote the vital and trusted local journalism broadcasters provide.LeGeyt has been featured in Washingtonian magazine as one of Washington, D.C.'s 500 most influential people, named “Radio Executive of the Year” by Radio Ink magazine and as a top lobbyist by The Hill newspaper. LeGeyt is also a member of the U.S. Chamber of Commerce's Association Committee of 100, which brings together trade association CEOs to build partnerships and discuss issues facing their industries.Prior to joining NAB in 2011, LeGeyt served as the senior counsel to then-Senate Judiciary Chairman Patrick Leahy (VT), advising the chairman and committee on intellectual property, antitrust and First Amendment issues. Previously, LeGeyt practiced law at Howrey LLP, where he focused on antitrust litigation and merger reviews. LeGeyt began his career as a management consultant for Putnam Associates and worked on the staff of the 2008 Obama for America presidential campaign.LeGeyt serves on the boards of directors of the NAB Leadership Foundation, the Broadcasters Foundation of America and Tracy's Kids, a nonprofit helping children with cancer.He also serves on the National Action Alliance for Suicide Prevention's Executive Committee, and is an alumnus of Leadership Music, a Nashville-based program that fosters community and collaboration among music industry leaders.LeGeyt received his J.D. from Cornell University Law School, and his B.A. from Providence College in quantitative economics where he serves on its National Board of Overseers. He resides in Washington, D.C., with his wife Kacey and their three children.ABOUT THE PODCAST: Chachi Loves Everybody is brought to you by Benztown and hosted by the President of Benztown, Dave “Chachi” Denes. Get a behind-the-scenes look at the myths and legends of the radio industry.PEOPLE MENTIONED:Barack ObamaBob PittmanTed CruzEd MarkeyGordon SmithPatrick LeahyBernie SandersMike JohnsonScott McCarthyTim McCarthyABOUT BENZTOWN: Benztown is a leading international audio imaging, production library, voiceover, programming, podcasting, and jingle production company with over 3,000 affiliations on six different continents. Benztown provides audio brands and radio stations of all formats with end-to-end imaging and production, making high-quality sound and world-class audio branding a reality for radio stations of all market sizes and budgets. Benztown was named to the prestigious Inc. 5000 by Inc. magazine for five consecutive years as one of America's Fastest-Growing Privately Held Companies. With studios in Los Angeles, New York, London and Stuttgart, Benztown offers the highest quality audio imaging work parts for 23 libraries across 14 music and spoken word formats including AC, Hot AC, CHR, Country, Hip Hop and R&B, Rhythmic, Classic Hits, Rock, News/Talk, Sports, and JACK. Benztown provides custom VO and imaging across all formats, including commercial VO and copywriting in partnership with Yamanair Creative. Benztown Radio Networks produces, markets, and distributes high-quality programming and services to radio stations around the world, including: The Rick Dees Weekly Top 40 Countdown, The Daily Dees Show, The Todd-N-Tyler Radio Empire, Hot Mix, Sunday Night Slow Jams with R Dub!, Flashback, Top 10 Now, AudioLogger, Audio Architecture, Radio Merch Shop, The Rooster Show Prep, AmeriCountry, and Benztown Swag Bank. Benztown + McVay Media Podcast Networks produces and markets premium podcasts including: The Making of: A National Geographic Podcast, Run It Again, Hot Chicken and Cage-Free Conversation with Byron Kennedy, and Edelman Financial Engines' Everyday Wealth.Web: benztown.comFacebook: facebook.com/benztownradioTwitter: @benztownradioLinkedIn: linkedin.com/company/benztown Enjoyed this episode of Chachi Loves Everybody? Let us know by leaving a review!
Mark practices exclusively in the area of labor and employment law on behalf of employers. For ten years, before founding Kluger Healey, LLC, he was Chairman of the Labor and Employment Department of one of New Jersey's oldest law firms. Mark is a frequent speaker and writer on sexual harassment and discrimination avoidance, workplace diversity, performance management, union avoidance, and a myriad of other employment-related subjects and regularly conducts training sessions for employers on these critical topics. In addition, Mark has extensive experience in counseling employers on issues involving discipline and discharge, reductions in force, mergers and acquisitions, compliance with wage and hour, disability, COBRA, and family and medical leave laws. He regularly drafts all forms of employment policies and handbooks, severance agreements, employment contracts, non-competition and confidentiality agreements, and affirmative action plans. Mark also represents employers in collective bargaining, grievance arbitration, NLRB proceedings, and picket line issues. Mark graduated from Vassar College in 1984 and Cornell University Law School in 1987. He was an Adjunct Professor at Seton Hall Law School from 1991-1996 and served as a member and President of the Board of Education in North Caldwell, New Jersey from 2002-2008.
Today I welcome disaster law expert Kathleen Bergin back to COVIDCalls. My guest today is Professor Kathy Bergin. Kathy is a recognized expert in Disaster Law, she presently teaches at Cornell University Law School—her research extends to humanitarian aid programs and the catastrophic impact of climate change. She has been crucial in promoting Disaster Law as an academic discipline. She is also a successful advocate. Her team in Haiti established binding precedent in a proceeding before the Inter-American Commission on Human Rights that reinforced post-disaster human rights obligations. Her work on mass evacuation shelters after Hurricane Katrina is used across the humanitarian sector as a blue-print for protecting displaced survivors. She is on the steering committee for Project Blueprint, a policy advocacy organization aimed at promoting a progressive US foreign policy.
Today I discuss recent COVID-19 battles in the courts with Kathy Bergin and Lindsay Wiley.Kathy Bergin is a recognized expert in Disaster Law, she presently teaches at Cornell University Law School—her research extends to humanitarian aid programs and the catastrophic impact of climate change. She has been crucial in promoting Disaster Law as an academic discipline. She is also a successful advocate. Her team in Haiti established binding precedent in a proceeding before the Inter-American Commission on Human Rights that reinforced post-disaster human rights obligations. Her work on mass evacuation shelters after Hurricane Katrina is used across the humanitarian sector as a blue-print for protecting displaced survivors. And her knowledge of constitutional standards helped coalition partners in Puerto Rico secure changes in the federal government’s response to Hurricane Maria. She is on the steering committee for Project Blueprint, a policy advocacy organization aimed at promoting a progressive US foreign policy. Lindsay Wiley is a professor of law and director of the health law and policy program at American University Washington College of Law. She is the author of Public Health Law: Power, Duty, Restraint and Public Health Law and Ethics: A Reader (with Lawrence O. Gostin). Her recent work on the coronavirus pandemic has been published in the Washington Post, Democracy: A Journal, the American Constitution Society’s Expert Forum, and the Harvard Law Review Forum. Professor Wiley is a board member and former president of the American Society of Law, Medicine, and Ethics and a former member of the National Conference of Lawyers and Scientists. She received her JD from Harvard and her MPH from Johns Hopkins.
Robert Hockett, a professor at Cornell University Law School, discusses a $4.7 billion jury verdict against Johnson & Johnson in July over its iconic baby powder -- the sixtth largest ever in a product defect case, and why J&J may pay far less than that, or even nothing. He talks with Bloomberg’s June Grasso.
Robert Hockett, a professor at Cornell University Law School, discusses a $4.7 billion jury verdict against Johnson & Johnson in July over its iconic baby powder -- the sixtth largest ever in a product defect case, and why J&J may pay far less than that, or even nothing. He talks with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, discusses potential Federal Reserve legislation that would ease regulations on all but the biggest banks in America. Plus, Robert Mintz, a partner at McCarter and English, discusses the 44 charges against Robert Bowers, the man currently in custody for killing eleven people and injuring others at a Pittsburgh synagogue over the weekend. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, discusses potential Federal Reserve legislation that would ease regulations on all but the biggest banks in America. Plus, Robert Mintz, a partner at McCarter and English, discusses the 44 charges against Robert Bowers, the man currently in custody for killing eleven people and injuring others at a Pittsburgh synagogue over the weekend. They speak with Bloomberg's June Grasso.
Greg Stohr, Bloomberg News Supreme Court reporter, discusses President Trump’s latest comments relating to Supreme Court nominee Brett Kavanaugh, telling reporters that it would be “unfortunate” if the woman accusing Kavanaugh of sexual assault did not testify before a Senate committee on Monday. Plus, Robert Hockett, a professor at Cornell University Law School, discusses a new criminal probe into Tesla over Elon Musk’s now-infamous August tweet about taking the electric carmaker private. They speak with Bloomberg's June Grasso.
Greg Stohr, Bloomberg News Supreme Court reporter, discusses President Trump's latest comments relating to Supreme Court nominee Brett Kavanaugh, telling reporters that it would be “unfortunate” if the woman accusing Kavanaugh of sexual assault did not testify before a Senate committee on Monday. Plus, Robert Hockett, a professor at Cornell University Law School, discusses a new criminal probe into Tesla over Elon Musk's now-infamous August tweet about taking the electric carmaker private. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Bloomberg’s June Grasso speaks with Cornell University Law School professor Michael Dorf, a professor at Cornell University Law School, who also clerked for Supreme Court justice Anthony Kennedy, and Christine Chabot, Distinguished Scholar in Residence at Loyola University Chicago School of Law, about who President Trump will select to replace Anthony Kennedy on the Supreme Court.
Bloomberg's June Grasso speaks with Cornell University Law School professor Michael Dorf, a professor at Cornell University Law School, who also clerked for Supreme Court justice Anthony Kennedy, and Christine Chabot, Distinguished Scholar in Residence at Loyola University Chicago School of Law, about who President Trump will select to replace Anthony Kennedy on the Supreme Court. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Michael Dorf, a professor at Cornell University Law School and former clerk for Supreme Court justice Anthony Kennedy, discusses Kennedy's retirement and what President Trump's second Supreme Court pick could do to move the nation's highest court further to the right. Plus, Mark Janus, the plaintiff in the Supreme Court case Janus v. AFSCME, discusses his Wednesday victory after the court ruled that government employees should not be required to pay mandatory union fees. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Michael Dorf, a professor at Cornell University Law School and former clerk for Supreme Court justice Anthony Kennedy, discusses Kennedy’s retirement and what President Trump’s second Supreme Court pick could do to move the nation’s highest court further to the right. Plus, Mark Janus, the plaintiff in the Supreme Court case Janus v. AFSCME, discusses his Wednesday victory after the court ruled that government employees should not be required to pay mandatory union fees. They speak with Bloomberg’s June Grasso.
Greg Stohr, Bloomberg News Supreme Court reporter, discusses the Supreme Court's Friday decision to bolster digital privacy rights by requiring law enforcement officials to obtain a warrant for mobile phone tower records showing someone's location. Plus, Robert Hockett, a professor at Cornell University Law School, discusses the results of the 2018 bank stress tests, which showed that every bank exceeded the Federal Reserve's minimum capital demands.He speaks with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Greg Stohr, Bloomberg News Supreme Court reporter, discusses the Supreme Court’s Friday decision to bolster digital privacy rights by requiring law enforcement officials to obtain a warrant for mobile phone tower records showing someone’s location. Plus, Robert Hockett, a professor at Cornell University Law School, discusses the results of the 2018 bank stress tests, which showed that every bank exceeded the Federal Reserve’s minimum capital demands.He speaks with Bloomberg’s June Grasso.
Michael Dorf from the Cornell University Law School and Ilya Shapiro from the Cato Institute join Jeffrey Rosen to discuss some major cases already decided in the Supreme Court's current term and others expected from the Justices in the next few weeks. Questions or comments? We would love to hear from you. Contact the We the People team at podcast@constitutioncenter.org The National Constitution Center is offering CLE credits for select America’s Town Hall programs! Get more information at constitutioncenter.org/CLE.
Jennifer Rie, senior litigation analyst for Bloomberg Intelligence, discusses the regulatory hurdles still facing T-Mobile and Sprint as the wireless carries work towards their $26.5 billion tie-up. Plus, Robert Hockett, a professor at Cornell University Law School, discusses a tentative deal between the Justice Department and the Royal Bank of Scotland to resolve an investigation into its sale of toxic mortgage-backed securities a decade ago. The settlement is good news for banks like Wells Fargo and UBS, who can look forward to lower penalties under the Trump Justice Department. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Jennifer Rie, senior litigation analyst for Bloomberg Intelligence, discusses the regulatory hurdles still facing T-Mobile and Sprint as the wireless carries work towards their $26.5 billion tie-up. Plus, Robert Hockett, a professor at Cornell University Law School, discusses a tentative deal between the Justice Department and the Royal Bank of Scotland to resolve an investigation into its sale of toxic mortgage-backed securities a decade ago. The settlement is good news for banks like Wells Fargo and UBS, who can look forward to lower penalties under the Trump Justice Department. They speak with Bloomberg’s June Grasso.
Bob Bauer, White House counsel under President Obama, discusses revelations that AT&T, Novartis, and many other companies paid money to a consulting firm established by Michael Cohen in exchange for “insight” into the Trump administration. Plus, Joseph Margulies, a professor at Cornell University Law School, discusses Gina Haspel's appearance before the Senate Intelligence Committee, where the interim CIA director faced questions about her past and her views on torture. They speak with Bloomberg’s June Grasso.
Bob Bauer, White House counsel under President Obama, discusses revelations that AT&T, Novartis, and many other companies paid money to a consulting firm established by Michael Cohen in exchange for “insight” into the Trump administration. Plus, Joseph Margulies, a professor at Cornell University Law School, discusses Gina Haspel's appearance before the Senate Intelligence Committee, where the interim CIA director faced questions about her past and her views on torture. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
David Glovin, Bloomberg News east coast legal team leader, discusses a new lawsuit brought by the Democratic National Committee against Russia, the Trump campaign and Wikileaks for a “brazen attack on American democracy.” Plus, Robert Hockett, a professor at Cornell University Law School, discusses a $1 billion fine to be paid by Wells Fargo to the CFPB and the OCC to settle allegations that its auto-lending and mortgage businesses abused consumers. They speak with Bloomberg’s June Grasso.
David Glovin, Bloomberg News east coast legal team leader, discusses a new lawsuit brought by the Democratic National Committee against Russia, the Trump campaign and Wikileaks for a “brazen attack on American democracy.” Plus, Robert Hockett, a professor at Cornell University Law School, discusses a $1 billion fine to be paid by Wells Fargo to the CFPB and the OCC to settle allegations that its auto-lending and mortgage businesses abused consumers. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, discuses President Trump's claims that Amazon is costing the U.S. Postal Service a "fortune" and repeated claims that Amazon does not fully pay its taxes. They speak with Bloomberg's June Grasso and Peter Barnes. Plus, Charles Warren, chair of the Environmental practice at Kramer Levin Naftalis and Frankel, discusses plans by the Trump administration to roll back Obama-era fuel economy standards for automakers, citing high costs as the reason for the rollback. They speak with Bloomberg’s June Grasso.
Robert Hockett, a professor at Cornell University Law School, discuses President Trump's claims that Amazon is costing the U.S. Postal Service a "fortune" and repeated claims that Amazon does not fully pay its taxes. They speak with Bloomberg's June Grasso and Peter Barnes. Plus, Charles Warren, chair of the Environmental practice at Kramer Levin Naftalis and Frankel, discusses plans by the Trump administration to roll back Obama-era fuel economy standards for automakers, citing high costs as the reason for the rollback. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, discusses a bipartisan bill to roll back parts of the 2010 Dodd-Frank Act, which was passed by the Senate on Wednesday night. Plus, Jean Eggen, a professor at Widener University Delaware Law School, discusses two court cases that will determine whether Monsanto’s Roundup, the world’s top-selling herbicide, is too toxic for retail sale. They speak with Bloomberg’s June Grasso.
Robert Hockett, a professor at Cornell University Law School, discusses a bipartisan bill to roll back parts of the 2010 Dodd-Frank Act, which was passed by the Senate on Wednesday night. Plus, Jean Eggen, a professor at Widener University Delaware Law School, discusses two court cases that will determine whether Monsanto's Roundup, the world's top-selling herbicide, is too toxic for retail sale. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, discusses new regulatory scrutiny for cryptocurrencies after the SEC's office of compliance inspections and examinations said digital currencies "present a number of risks for retail investors.” He speaks with Bloomberg's June Grasso on Bloomberg Radio's "Politics, Policy, Power and Law." He speaks with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, discusses new regulatory scrutiny for cryptocurrencies after the SEC's office of compliance inspections and examinations said digital currencies "present a number of risks for retail investors.” He speaks with Bloomberg's June Grasso on Bloomberg Radio's "Politics, Policy, Power and Law." He speaks with Bloomberg's June Grasso.
Robert Hockett, a professor at Cornell University Law School, discusses new restrictions on Wells Fargo after the Federal Reserve banned the bank from growing until it convinces authorities it’s addressing shortcomings. Plus, William Banks, a professor at Syracuse University Law School, discusses the so-called Nunes memo, which president Trump said over the weekend “totally” vindicated him of any collusion with Russia or obstruction of justice in special counsel Robert Mueller’s investigation. They speak with Bloomberg's June Grasso.
Robert Hockett, a professor at Cornell University Law School, discusses new restrictions on Wells Fargo after the Federal Reserve banned the bank from growing until it convinces authorities it's addressing shortcomings. Plus, William Banks, a professor at Syracuse University Law School, discusses the so-called Nunes memo, which president Trump said over the weekend “totally” vindicated him of any collusion with Russia or obstruction of justice in special counsel Robert Mueller's investigation. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
William Banks, a professor at Syracuse University Law School, discusses the House's passage of an extension to the Foreign intelligence Surveillance Act, otherwise known as FISA, which has seen unsteady support from the President, who says he's now for the warrantless spying bill. Plus, Robert Hockett, a professor at Cornell University Law School, discusses why lawmakers are asking for a new investigation into Intel CEO Brian Krzanich for selling a chunk of his shares in the chipmaker last year, just before the company announced that its processors were vulnerable to hackers. They speak with Bloomberg's June Grasso.
Debra Katz, founding partner at founding partner at Katz, Marshall & Banks, discusses Supreme Court chief justice John Robert's recent pledge to reassess how the federal judiciary handle sexual harassment claims. Plus, Robert Hockett, a professor at Cornell University Law School, discusses a court victory for Lynn Tilton, founder of Patriarch Partners, who was accused of defrauding investors out of more than $1 billion. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
William Banks, a professor at Syracuse University Law School, discusses the House's passage of an extension to the Foreign intelligence Surveillance Act, otherwise known as FISA, which has seen unsteady support from the President, who says he's now for the warrantless spying bill. Plus, Robert Hockett, a professor at Cornell University Law School, discusses why lawmakers are asking for a new investigation into Intel CEO Brian Krzanich for selling a chunk of his shares in the chipmaker last year, just before the company announced that its processors were vulnerable to hackers. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Debra Katz, founding partner at Katz, Marshall & Banks, discusses a new internal report, which found “systemic” mishandling of sexual harassment claims at the Department of Justice. Plus, Robert Hockett, a professor at Cornell University Law School, discusses why New York State is offering a new alternative to the fiduciary rule, which has been delayed by the Trump administration in an effort to cut regulations. They speak with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Debra Katz, founding partner at founding partner at Katz, Marshall & Banks, discusses Supreme Court chief justice John Robert's recent pledge to reassess how the federal judiciary handle sexual harassment claims. Plus, Robert Hockett, a professor at Cornell University Law School, discusses a court victory for Lynn Tilton, founder of Patriarch Partners, who was accused of defrauding investors out of more than $1 billion. They speak with Bloomberg's June Grasso.
Debra Katz, founding partner at Katz, Marshall & Banks, discusses a new internal report, which found “systemic” mishandling of sexual harassment claims at the Department of Justice. Plus, Robert Hockett, a professor at Cornell University Law School, discusses why New York State is offering a new alternative to the fiduciary rule, which has been delayed by the Trump administration in an effort to cut regulations. They speak with Bloomberg's June Grasso.
(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses reports that senior executives at Societe Generale are being investigated by U.S. regulators over the bank’s role in manipulating Libor rates. He speaks with Bloomberg's June Grasso and Michael Best on Bloomberg Radio's Bloomberg Law.
(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses reports that senior executives at Societe Generale are being investigated by U.S. regulators over the bank's role in manipulating Libor rates. He speaks with Bloomberg's June Grasso and Michael Best on Bloomberg Radio's Bloomberg Law. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, discusses reports that Barclays and United States Justice Department are engaging in talks over the suspected fraudulent sale of mortgage securities a decade ago. He speaks with Bloomberg's June Grasso on Bloomberg Radio's Bloomberg Law. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, discusses reports that Barclays and United States Justice Department are engaging in talks over the suspected fraudulent sale of mortgage securities a decade ago. He speaks with Bloomberg's June Grasso on Bloomberg Radio's Bloomberg Law.
(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses reports that Barclays and United States Justice Department are engaging in talks over the suspected fraudulent sale of mortgage securities a decade ago. He speaks with Bloomberg's June Grasso on Bloomberg Radio's Bloomberg Law.
(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses reports that Barclays and United States Justice Department are engaging in talks over the suspected fraudulent sale of mortgage securities a decade ago. He speaks with Bloomberg's June Grasso on Bloomberg Radio's Bloomberg Law. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, and Bloomberg Foreign Exchange reporter Lananh Nguyen, discuss prosecutors in Brooklyn resting their case against former HSBC currency trader Mark Johnson for alleged currency rigging. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Robert Hockett, a professor at Cornell University Law School, and Bloomberg Foreign Exchange reporter Lananh Nguyen, discuss prosecutors in Brooklyn resting their case against former HSBC currency trader Mark Johnson for alleged currency rigging.
(Bloomberg) -- Lananh Nguyen Bloomberg FX reporter, and Robert Hockett, professor at Cornell University Law School, discuss the fraud case against former HSBC Currency trader Mark Johnson. They speak with June Grasso on "Bloomberg Law." Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
(Bloomberg) -- Lananh Nguyen Bloomberg FX reporter, and Robert Hockett, professor at Cornell University Law School, discuss the fraud case against former HSBC Currency trader Mark Johnson. They speak with June Grasso on "Bloomberg Law."
(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses Friday's announcement by the Financial Stability Oversight Council cancelling AIG’s designation as a systemically important financial institution, allowing the New York-based insurer to emerge from tight federal oversight. He speaks with Bloomberg's Michael Best and June Grasso on Bloomberg Radio's Bloomberg Law.
(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses Friday's announcement by the Financial Stability Oversight Council cancelling AIG's designation as a systemically important financial institution, allowing the New York-based insurer to emerge from tight federal oversight. He speaks with Bloomberg's Michael Best and June Grasso on Bloomberg Radio's Bloomberg Law. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com