Tag Archives: Great Recession

Wallach vs. Conti-Brown on the Fed and Lehman: What did we learn?

by Peter Conti-Brown — Wednesday, Aug. 5, 2015

Pardon my long hiatus from blogging. The reason was a move, from Princeton, NJ where I was working (and will continue to work) on my PhD in financial history, to Philadelphia, PA, where I am now an assistant professor at Wharton/Penn, teaching in the Legal Studies and Business Ethics Department (those who follow any aspect […]

Why the Fed’s Assertion that a Lehman Bailout Would Have Been Illegal is Wrong

by Peter Conti-Brown — Thursday, June 4, 2015

I’ve been very much enjoying Philip’s posts—I hope they have convinced our readers to buy his book and take his arguments seriously. One place where Philip helpfully sharpens our different views of law and the financial crisis is on the Fed’s controversial decision not to extend emergency lending to Lehman Brothers sufficient to stave off the […]

Introducing Guest Blogger Philip Wallach, Author of New Book on Law and the Financial Crisis

by Peter Conti-Brown — Wednesday, May 27, 2015

It’s my pleasure to introduce guest blogger Philip Wallach, a Fellow in Governance Studies at the Brookings Institution. Philip is the rather rare political scientist who doesn’t take an extreme view of law, neither as politics by another means nor as a black box of binding but indiscernible rules. He is the author of an […]