The Financial Services Bailout: Cause, Effect and the Limits of Government Action
Administrative Law Practice Group, Corporations & Securities Practice Group, Federalism & Separation of Powers Practice Group, and Financial Services Practice Group
Sponsored by Chapman University School of Law, Financial Services Roundtable, the Federalist Society’s Administrative Law Practice Group, Corporations & Securities Practice Group, Federalism & Separation of Powers Practice Group, and Financial Services Practice Group
The government bailout raises a multitude of thorny questions that remain unanswered: What caused the crisis? What is the best way to fix the problems? Is there a clear path to return to a free market? What are the limits of federal government authority in this area and, do those limits expand in the time of a "crisis"? Our panels of legal experts will discuss these and other issues.
THURSDAY, MARCH 19
9:30 a.m. - 10:30 a.m.
Debate: The Founders' Intent, Constitutional Provisions, and Limits on Spending Power and Delegation
- Dr. John Eastman, Dean, Chapman University School of Law
- Prof. Louis Michael Seidman, Carmack Waterhouse Professor of Constitutional Law, Georgetown University Law Center
- Moderator: Hon. Wayne Abernathy, Executive Vice President, Financial Institutions Policy and Regulatory Affairs, American Bankers Association
10:40 a.m. - 12:15 p.m.
Panel I: How Did We Get into the Mess We Are in Today?
- Mr. Bert Ely, President, Ely & Company
- Mr. James H. Carr, Chief Operating Officer, National Community Reinvestment Coalition
- Prof. Timothy Canova, Associate Dean for Academic Affairs, Chapman University School of Law
- Hon. Wayne Abernathy, Executive Vice President, Financial Institutions Policy and Regulatory Affairs, American Bankers Association
- Moderator: Mr. Craig L. Hymowitz, Partner, Blank Rome LLP
12:45 p.m. - 2:45 p.m.
Panel II: Reprivatizing Credit Risk: Where Do We Go From Here?
- Hon. Jeb Hensarling, Representative, 5th District of Texas
- Mr. David Berenbaum, Executive Vice President, National Community Reinvestment Coalition
- Mr. John C. Weicher, Director of Center for Housing and Financial Markets, Hudson Institute
- Mr. Alex Pollock, Resident Fellow, American Enterprise Institute
- Moderator: Hon. Ronald A. Cass, President, Cass & Associates, PC
National Press Club