Fordham Journal of Corporate and Financial Law Annual Symposium
Friday, October 21, 2016
Political Corruption broadly captures any abuse of entrusted power by government officials for private gain. As history demonstrates, the world has not been shortchanged of bad actors willing to facilitate corruption, particularly through the provision and receipt of bribes. The massive and odious problem of corruption is found in the U.S. and virtually every other nation in the world. Defining political corruption is complex and there are many competing viewpoints posited by scholars and professionals. The recent Supreme Court ruling in McDonnell v. United States significantly narrowed what qualifies as an “official act” by a public official in the U.S., curtailing the power of federal bribery laws.
Corruption in political finance is also a growing concern in the U.S. as demonstrated by heightened scrutiny over political donations made by financial institutions and the ethical issues surrounding the Clinton Foundation. The severity of the problem extends and intensifies abroad. Since its passage, the Foreign Corrupt Practices Act of 1977 has evolved and significantly influenced corporate and business practices across the globe. Corruption was recently brought to the international forefront, implicating hundreds of high-profile private and public individuals and institutions, with the U.S. Department of Justice’s FIFA-related indictments alleging systemic and widespread corruption and the colossal Panama Papers data leak.
The Symposium aims to foster a meaningful dialogue concerning the history, present state, and future of federal and foreign anti-corruption and anti-bribery laws. Our panel of leading scholars and prominent practitioners will assess what the future holds for companies conducting business abroad and analyze the effects of recent U.S. and international corruption rulings, investigations, and scandals.
Zachary S. Brez, Partner and Co-chair of the Business & Securities Litigation Practice, Ropes & Gray LLP
Michael J. Cohn, Global Chief Compliance Officer and Deputy General Counsel, Fortress Investment Group LLC
Professor Sean J. Griffith, T. J. Maloney Chair in Business Law and Director of the Corporate Law Center, Fordham Law School
Professor Susan Rose-Ackerman, Henry R. Luce Professor of Jurisprudence (Law and Political Science), Yale University
Timothy J. Treanor, Partner and Global Co-leader of the White Collar Criminal Defense and Investigations Practice, Sidley Austin LLP
Are We Ready for the Next Financial Crisis?
Fordham Journal of Corporate & Financial Law hosted it’s annual symposium on October 30, 2015.
Inspired by the forthcoming book Getting Ready for the Next Bailouts (Columbia University Press, 2016) by Fordham Law Professor Richard Squire, this symposium examined the narrative of the recent U.S. financial crises, changes in the regulatory landscape, and facts and myths about bailouts and their role in the U.S. economy.
Daniel M. Gallagher, Jr.
Former Commissioner, U.S. Securities and Exchange Commission
Eric F. Grossman
Executive VP & Chief Legal Officer, Morgan Stanley
Richard K. Kim
Partner, Wachtell, Lipton, Rosen & Katz
Professor of Law, Fordham Law School