Business

“Corporate political speech is bad for shareholders,” an op-ed by HLS Professor Lucian Bebchuk LL.M ’80 S.J.D. ’84, is the latest installment of his monthly column in Project Syndicate.

Harvard Law School Professor Hal Scott has been named co-chair of the newly-organized Council on Global Financial Regulation.

In an op-ed, “Wall Street’s race to the bottom,” that appeared in the Feb. 9, 2010, edition of the Wall Street Journal, Harvard Law School Professor Elizabeth Warren makes the case for the proposed Consumer Financial Protection Agency. Warren is the chair of the TARP Congressional Oversight Panel.

Harvard Law School Professor Hal Scott testified before the Senate Committee on Banking, Housing, and Urban Affairs on February 4 regarding the Volcker Rules, which aim to address some failings in the financial regulatory structure brought to light by the recent financial crisis.

“The CEO Pay Slice,”  an op-ed co-written by HLS Professor Lucian Bebchuk, appeared in Project Syndicate on January 18, 2010.

When the U.S. financial system came excruciatingly close to collapse, Rodge Cohen was suddenly the man to call.

The op-ed, “Bankers had cashed in before the music stopped,” was co-written by Harvard Law School Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84, Visiting Professor Alma Cohen, and Lecturer on Law Holger Spamann S.J.D. ’09. It appeared in the December 7, 2009, edition of the Financial Times.

HLS Professor Elizabeth Warren's op-ed entitled “America without a Middle Class,”  appeared in the Dec. 2, 2009 edition of The Huffington Post. Warren is chair of the Congressional Oversight Panel on the Troubled Asset Relief Program (TARP).

This op-ed by Harvard Law School Professors Lucian Bebchuk LL.M. ’80 S.J.D ’84. and Jesse Fried, entitled “Taming the Stock Option Game,” appeared in the November 2009 edition of Project Syndicate. This article builds on their study “Equity Compensation for Long-term Performance.” Bebchuk and Fried are co-authors of “Pay without Performance: The Unfulfilled Promise of Executive Compensation.”

A year after the United States government allowed the investment bank Lehman Brothers to fail but then bailed out AIG, and after governments around the world bailed out many other banks, key question remains: when and how should authorities rescue financial institutions?

This weekend, senior financial and government leaders from the United States and Japan will gather in Armonk, N.Y., to examine challenges facing the financial sectors of the two countries. The “Symposium on Building the Financial System of the 21st Century: An Agenda for Japan and the United States” is organized by Harvard Law School’s Program on International Financial Systems (PIFS) and the International House of Japan (I-House).

This op-ed co-written by Harvard Law School Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84 and Holger Spamann, “Reducing incentives for risk-taking,” appeared in the October 12, 2009, edition of the New York Times. Bebchuk is a professor of law, economics and finance and director of the Program on Corporate Governance at Harvard Law School, and Spamann is co-executive director and a fellow of the HLS corporate governance program. Their op-ed builds on their joint paper, “Regulating Bankers’ Pay.”

The Congressional Oversight Panel, led by Harvard Law School Professor Elizabeth Warren, held a hearing with Treasury Secretary Timothy Geithner yesterday. 

The following op-ed by Harvard Law School Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84, “Why financial pay shouldn’t be left to the market,”  is the most recent of his monthly columns in the international newspaper association entitled “Project Syndicate.”

The following op-ed by Harvard Law School Professor Lucian Bebchuk LL.M. ’81 S.J.D. ’84, “Bonus guarantees can fuel risky moves,” appeared in the August 27, 2009 edition of The Wall Street Journal. He is the director of the Program on Corporate Governance at HLS.

Harvard Law School Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84 submitted a letter to the Securities and Exchange Commission calling for the adoption of a rule that would facilitate shareholder director nominations. The letter was signed by a bi-partisan group of 80 professors of law, business, economics, and finance, representing 47 universities around the U.S.

The following op-ed by Harvard law School Professor Lucian Bebchuk LL.M. ’81 S.J.D. ’84, “Regulate financial pay to reduce risk-taking,” appeared in the August 3, 2009, edition of the Financial Times. It builds on his June 11 testimony before the financial services committee of the US Congress and his white paper, co-authored with Holger Spamann, on Regulating Bankers’ Pay

On July 29, HLS Professor John C. Coates testified during a hearing of the Subcommittee on Securities, Insurance and Investment of the Senate Committee on Banking, Housing, and Urban Affairs.  In the hearing titled “Protecting Shareholders and Enhancing Public Confidence by Improving Corporate Governance,” Coates offered his recommendations for corporate governance reform.

Harvard Law School Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84, director of HLS’s Program on Corporate Governance wrote “Let the Good Times Roll Again?” for his July column for Project Syndicate, an international association of 425 newspapers in 150 countries. His recent article draws on his testimony before the Financial Services Committee of the U.S. House of Representatives, and his white papers “Equity Compensation for Long-Term Performance” and “Regulating Bankers’ Pay.”