Have We Nationalized Our Banking System?
March 25, 2009 • 4:30 PM • Law School Star Commons
The U.S. Treasury is injecting billions of dollars into the nation's banks and new restrictions are being imposed on banks receiving help. Many experts and politicians now argue that nothing short of formal nationalization will resolve the financial crisis. What does this mean for U.S. banks, consumers, the role of regulators, and free enterprise? Join a panel discussion on the future of the American banking system. Panelists include Robert K. Steel, member of the board, Wells Fargo, and former president, CEO of Wachovia Corp.; Edward Greene, partner, Cleary Gottlieb and former investments general counsel, Citigroup; Craig Burnside, Duke Professor of Economics; James Cox, Duke Professor of Law; Steven Schwarcz, Duke Professor of Law and Business; Bill Brown, Duke Visiting Professor of the Practice; and moderator Lawrence Baxter, Duke Visiting Professor of the Practice. A reception will follow. Sponsored by the Duke Program in Public Law.