The Shadow Financial Regulatory Committee works to identify and analyze developing trends and ongoing events that promise to affect the efficiency and safe operation of sectors of the financial services industry; explore the spectrum of short- and long-term implications of emerging problems and policy changes; help develop private, regulatory and legislative responses to such problems that promote efficiency and safety and further the public interest; and to assess and respond to proposed and actual public policy initiatives with respect to the impact on the public interest.

Although the Roussely Report is exemplary in many respects, it has one fundamental weakness: its assumption that, when multiple French nuclear corporations express interest in the same contract, they should join together for a shared bid.

Irving Kristol not only helped change the country, he changed lives--he certainly changed mine.

This past September, the National Legal Center for the Public Interest merged with AEI to become the AEI Legal Center for the Public Interest.

Although the past thirty years of originalist scholarship have produced remarkable gains in certain areas of law, much of the Constitution remains to be recovered.

Introduction

In the late 1990s, the lawyers at Milberg Weiss Bershad Hynes & Lerach were the undisputed kings of securities fraud class actions. Melvyn Weiss, the dean of the securities class action bar and a co-founder of the firm, ran its New York office. Bill Lerach, frequently described as the most...

Introduction

Five years after the passage of the Sarbanes-Oxley Act, America's corporations are still considering how to deal with newly empowered shareholders. In addition to specific requirements designed to ensure that corporations comport themselves to minimum standards of corporate governance, American businesses are encountering greater and more sophisticated activist shareholders. The...

Martin Lipton comments on some of the most significant issues facing boards of directors in 2008.