The Future of Fannie and Freddie: Conservatorship and the Takings Clause

source: NYU LAW

Mario Rizzo, associate professor of economics and co-director of the Classical Liberal Institute, with Professor Richard Epstein, the institute's director

Mario Rizzo, associate professor of economics and co-director of the Classical Liberal Institute, with Professor Richard Epstein, the institute's director

On September 20, the daylong conference “The Future of Fannie and Freddie,” co-sponsored by the Classical Liberal Institute and the NYU Journal of Law & Business, featured experts on law, finance, and economics examining the challenges to investment in the government-sponsored entities Fannie Mae and Freddie Mac. Four separate panels focused on the reorganization of Fannie and Freddie, recent litigation surrounding the Treasury Department’s decision to “wind down” the two entities and the legal issues involved, and economic policy and future prospects for Fannie and Freddie in light of proposed House and Senate legislation.

The event also served as the launch of NYU Law’s Classical Liberal Institute (CLI), a new center studying core conceptions of limited government and private property in a wide range of modern contexts including political and corporate governance, taxation, takings, intellectual property, and different forms of regulation. The CLI will host the Hayek Lecture in October as well as an ongoing series of student lunches with Law School faculty discussing their work in the CLI’s areas of academic focus. Future CLI conferences are planned, including one in February 2014 on The Classical Liberal Constitution, an upcoming book by Richard Epstein, Laurence A. Tisch Professor of Law and the director of the new institute, who gave opening remarks at the “Future of Fannie and Freddie” conference along with Dean Trevor Morrison.


Read the Full Article >>


Showing 2 reactions

Please check your e-mail for a link to activate your account.