Media - May
2012
Michael Greenberger, JD
Professor
Michael Greenberger
Wall Street Journal - May 31, 2012
Professor Greenberger comments on the anti-fraud powers that the
Dodd-Frank bill gave the CFTC and how those powers will be used in
the investigation of JPMorgan.
Reuters - May 25, 2012
Professor Greenberger comments on the fact that LCH. Clearnet was
not given the label of 'systemically important'.
Washington Post - May 21, 2012
Professor Greenberger discusses the impact of lobbying on the
implementation of the Volcker Rule in the wake of the JPMorgan
controversy.
Market Watch - May 18, 2012
Professor Greenberger is praised by Barney Frank for his foresight.
Philadelphia Inquirer - May 17, 2012
Professor Greenberger insists that JP Morgan's trades were
proprietary and not hedges.
CBS News - May 15, 2012
Professor Greenberger comments that JP Morgan's recent $2 billion
loss undermines CEO Jamie Diamond's ability to contest the
implementation of Dodd-Frank reforms.
Counter Punch - May 15, 2012
Professor Greenberger comments that Dodd-Frank regulations would
have prevented JP Morgan's recent $2 billion loss by ensuring that the
trades were exchange traded and cleared.
Media Matters - May 14, 2012
Professor Greenberger explains that JP Morgan's losses would never
have reached $2 billion if Dodd-Frank regulations had already been
implemented.
The Take Away - May 14, 2012
Professor Greenberger speaks to John Hockenberry and Celeste
Headlee about the losses at JP Morgan.
CBS This Morning - May 14, 2012
Professor Greenberger suggests that other large banks may also
have the problem that JP Morgan is currently confronting.
Politic365 - May 14, 2012
Professor Greenberger is quoted as saying that Dodd-Frank would
have prohibit JP Morgan's $2 billion loss by making the trades
transparent.
CBS Evening News - May 13, 2012
Professor Greenberger comments on JP Morgan's recent loss of $2
billion due to complex derivatives trades and argues that Dodd-Frank
would prohibit such trades.
CBS Evening News - May 13, 2012
Professor Greenberger is interviewed by CBS news about JP Morgan's
$2 billion loss.
New York Times - May 12, 2012
Professor Greenberger argues that had Dodd-Frank--and particularly
the Volcker Rule--been in effect, JPMorgan’s trading position probably
would not have been allowed to grow as large as it did.
Battle Creek Inquirer - May 14, 2012
Diamond is a staunch opponent of financial reform--reform that would
have helped the bank avoid its recent $2 billion loss.
PBS News Hour - May 11, 2012
Professor Greenberger is interviewed regarding JP Morgan's $2 billion
loss and the importance of banning proprietary trading.
Bloomberg Businessweek - May 11, 2012
Professor Greenberger explains how derivatives regulation can lower
the price of gas.
Catholic Times - May 14, 2012
Professor Greenberger comments that other banks could be at risk
that led to JP Morgan's $2 billion loss.
New York Times - May 11, 2012
Professor Greenberger suggests the JP Morgan had poor risk
management practices.
Fox News - May 11, 2012
Professor Greenberger comments that regulation is necessary to
prevent the kind of losses recently experienced by JP Morgan.
Huffington Post - May 11, 2012
Professor Greenberger comments on the irony of a fierce opponent of
Dodd-Frank regulation suffering considerable losses on the
deregulated swaps market.
Bloomberg - May 11, 2012
Professor Greenberger claims that President Obama should ban
commodity index funds and synthetic exchange traded funds that allow
investors to speculate on the upward movement of oil prices.
CNBC - May 11, 2012
Professor Greenberger blogs about JP Morgans' recent $2 billion loss
in the swaps market.
CBC - May 11, 2012
Professor Greenberger argues that JP Morgan's losses prove the
need for more rigorous financial reforms.
Deutsche Welle - May 11, 2012
Professor Greenberger argues that more stringent regulations would
likely have prevented JP Morgan's losses.
Guardian Newspaper - May 10, 2012
Professor Greenberger discusses the importance of position limits in
preventing excessive speculation in commodities markets and
keeping commodities prices level.
Rolling Stone Magazine - May 10, 2012
Professor Greenberger comments on Wall Street's fierce lobbying
against Dodd-Frank regulation.