Senior Reagan Administration Official to Speak at Symposium on Law and the Financial Crisis


Peter J. Wallison, the Arthur F. Burns Fellow in Financial Policy Studies at the American Enterprise Institute, is among the distinguished group of national academic, government, and business leaders who will make presentations at the Indiana University Robert H. McKinney School of Law’s national symposium on “Law and the Financial Crisis” in Indianapolis on April 5, 2013.

Wallison, who served as general counsel for the Department of the Treasury and later White House Counsel during the Reagan administration, will participate in a panel slated to examine law’s role in causing the financial crisis. Wallison also served on the Financial Crisis Inquiry Commission, created as part of the 2009 Fraud and Enforcement Recovery Act. His recent scholarship includes: “Did the ‘Repeal’ of Glass-Steagall Have Any Role in the Financial Crisis? Not Guilty; Not Even Close.”

Presenting a counterpoint to Wallison on the panel is Professor J. Robert Brown, Jr., Chauncey Wilson Memorial Research Chair at the University of Denver Sturm College of Law, whose recent work includes “The ‘Great Fall’: The Consequences of Repealing the Glass-Steagall Act.” They will be joined by Professor Arthur Wilmarth, Jr., executive director of the Center for Law, Economics and Finance at The George Washington University School of Law, who will offer a talk titled “Citigroup: A Case Study in Managerial and Regulatory Failure.” This panel will be moderated by IU McKinney’s Vice Dean Antony Page.

The Symposium will be preceded by a dinner on Thursday, April 4, at which Kevin T. Kabat, vice chairman and CEO of Fifth Third Bancorp, will provide “Perspectives on the Financial Crisis.” Kabat has won praise for his guiding of Fifth Third through the financial crisis. The dinner will begin at 7 p.m. in the law school’s Atrium.

Former Indiana Senator Evan Bayh will present the keynote address at 8:30 a.m. to begin the symposium, titled “Law and the Financial Crisis,” on April 5 in the law school’s Wynne Courtroom. Senator Bayh’s lecture will focus on his experience as a member of the U.S. Senate’s Committee on Banking, Housing, and Urban Affairs during the financial crisis.

Other panel discussions during the event will examine the connection between law and the financial crisis by pursuing law’s effectiveness in addressing the crisis; and law’s potential in preventing the next one.

The symposium is sponsored by the Indiana Law Review , a legal periodical edited and managed by students of IU McKinney Law that publishes scholarly articles by professors, judges, and practitioners from throughout the country. Andrea Kochert is editor of a special issue of the Law Review that will contain the proceedings of the symposium.

To purchase tickets to the dinner on April 4, or to the symposium with CLE credit on April 5, register online.

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