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Daniel J. H. Greenwood
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Entries by Daniel J. H. Greenwood

Market Irrationality in the Law School 'Arms Race'

(18) Comments | Posted May 6, 2011 | 5:57 PM

In Sunday's New York Times, David Segal correctly identifies so-called "merit" scholarships -- tuition discounts given to students with high LSAT or grades in order to induce them to attend a particular law school -- as a serious problem for students. But the story is headlined "How Law...

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Restoring Democracy After Citizens United

(0) Comments | Posted March 16, 2010 | 12:25 PM

In Citizens United v. FEC, five members of the Supreme Court granted business corporations First Amendment rights on the ground that corporations are "associations of citizens," that corporate money is speech, and that restrictions on corporate electioneering are a form of censorship. This reasoning is stunning in its disregard of...

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How to Recoup the AIG Bonuses

(9) Comments | Posted March 18, 2009 | 6:30 PM

Let's get real. This may be a nation of laws, but contracts are not sacred, and employment contracts are less sacred than any. When Enron's executives destroyed the company, Enron's secretaries lost their pensions. When General Motors' executives failed to plan for the possibility that oil prices might go up...

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Making or Taking?

(8) Comments | Posted October 27, 2008 | 3:41 PM

Last year, four hedge fund managers took home over $1 billion each in pay.

Seeming pikers by comparison, CEOs of Fortune 500 companies received an average over $14 million, according to the AFL-CIO's Executive PayWatch. But some did quite a bit better. For example, former Bear Sterns...

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