Robert Charles Hockett
Total Page:16
File Type:pdf, Size:1020Kb
ROBERT C. HOCKETT Edward Cornell Endowed Professor of Law Cornell Law School 316 Myron Taylor Hall Ithaca NY 14853 USA [email protected] December 2014 EMPLOYMENT Cornell Law School, Ithaca, New York Edward Cornell Endowed Professor of Law, since 2014; Professor of Law, since 2010; Associate Professor of Law, 2007-2009; Assistant Professor of Law, 2004-2007 Sorbonne Faculty of Law, Paris, France Regular Winter Visiting Professor of Law, 2010- Westwood Capital Group, LLC, New York, New York Consulting Counsel, 2014- International Monetary Fund, Washington, District of Columbia Resident Consultant, 2012-13; Contractual Consultant, 2000-01; Legal Intern, 1999 Federal Reserve Bank of New York, New York, New York Resident Consultant, 2011-12 Yale Law School, New Haven, Connecticut Senior Research Scholar in Law, 2003-2004; Tutor in Law, 2001-2004 Harvard Law School & Harvard University, Cambridge, Massachusetts Teaching Fellow, Spring 2004 Hon. Deanell Reece Tacha, Chief Judge, US Court of Appeals, 10th Circuit Law Clerk, 1999-2000 AFFILIATIONS Association of American Law Schools, New York, New York Chair, Section on Financial Institutions, 2014- New York City Bar Association, New York, New York Member, Committee on Banking Law, 2011- Global Interdependence Center, Federal Reserve Bank of Philadelphia, Philadelphia, Pennsylvania, Fellow, 2013- 1 The Century Foundation, New York, New York Fellow and Commissioned Author, 2012- New America Foundation, Washington, District of Columbia Commissioned Author and Affiliated Scholar, 2011- Americans for Financial Reform, Washington, District of Columbia Fellow, 2012- The Occupy Money Cooperative, New York, New York Founding Board Member, 2011- Samasource Socially Responsible Investing, Inc., San Francisco, California Board Member, 2008-10 EDUCATION Yale Law School LL.M., J.S.D. Dissertation: A Jeffersonian Republic by Hamiltonian Means: Values, Constraints & Finance in a Just ‘Ownership Society’ Committee: Jerry Mashaw (Chair), Henry Hansmann, Michael Graetz; John Roemer (ex officio), Robert Shiller (ex officio) Graduate Fellowship, 2001-2005; Honors in All Graded Courses YALE JOURNAL ON REGULATION – Executive Editor (Vol. 20, No. 1), Articles Editor (Vol. 19, No. 2), Editor (Vol. 19, No. 1) Oxford University M.A., Philosophy (Mathematical Logic Emphasis) & Economics Thesis: Recursion, Indeterminacy, & Antinomy: A Three-Valued Intensional Logic & Associated Theory of Negation Supervisor & Advisors: G.P. Baker; D. Isaacson, B.F. McGuinness Rhodes Scholar University of Kansas B.A., English & Government; J.D. Law Honors: Order of the Coif; Rice Scholarship (highest Law School pre-graduation honor); Law Faculty Awards for Most Outstanding Scholastic Achievement & Most Outstanding Service (highest Law School graduation honors); seven CALI Awards Bachelors Honors: Summa cum Laude; Departmental Honors & Honors Theses in both majors; Summerfield (highest College of Arts & Sciences honor) & Pearson Scholarships; Gustafson, Kennedy & Lear Awards (highest departmental honors); Phi Beta Kappa; Lambda Sigma; Mortar Board; Owl Society 2 PUBLICATIONS ARTICLES & ESSAYS: FORTHCOMING, PUBLISHED, UNDER REVISION Real Arrow Securities for All: Just and Efficient Insurance Through Macrohedging, 34 REVIEW OF BANKING & FINANCIAL LAW __ (2014) (forthcoming). Money, Finance, and Recursive Collective Action Problems, 2014 COLUMBIA BUSINESS LAW REVIEW __ (2014) (forthcoming). Recursive Collective Action Problems, 2 JOURNAL OF FINANCIAL PERSPECTIVES __ (2014) (peer-reviewed finance journal) (forthcoming). The Macroprudential Turn: From Institutional ‘Safety and Soundness’ to ‘Systemic Financial Stability’ in Financial Supervision, 8 VIRGINIA LAW & BUSINESS REVIEW __ (2014) (forthcoming). Macro-Securities and Micro-Insurance: Public and Private in the Completion of Risk-Trading Markets, 6 INSURANCE MARKETS & COMPENSATION JOURNAL __ (2014) (peer-reviewed insurance journal) (forthcoming). Gaming as Micro-Insurance: How and Why to Regulate, not Eliminate, Online Gambling, 6 INSURANCE MARKETS & COMPENSATION JOURNAL __ (2014) (peer-reviewed insurance journal) (forthcoming). Income Inequality & Market Volatility: Explaining the Relation, 18 NORTH CAROLINA BANKING LAW JOURNAL __ (2014) (symposium issue) (forthcoming). Pre-Liberal Autonomy & Post-Liberal Finance, 77 LAW AND CONTEMPORARY PROBLEMS 101 (2014) (symposium issue). ‘We Don’t Follow, We Lead’: How New York Will Save Mortgage Loans Nationally by Condemning Them Locally, 124 YALE LAW JOURNAL 131 (2014) (YLJ Forum). Materializing Citizenship: Finance in a Producers’ Republic, 63 EMORY LAW JOURNAL 55 (2014) (ELJ Online). Private Means to Public Ends: Governments as Market Actors, 15 THEORETICAL INQUIRIES IN LAW 53 (2014) (with Saule T. Omarova) (peer-reviewed journal of legal theory) (symposium issue). 3 A Sustainable Architecture for Global Trade and Finance, White Paper, New America Foundation (2014) (forthcoming). Practical Guidance on Macroprudential Finance-Regulatory Reform, 22 November 2013 HARVARD FORUM ON CORPORATE GOVERNANCE & FINANCIAL REGULATION (peer-invited forum contribution). A Federalist Blessing in Disguise: From National Inaction to Local Action on Underwater Mortgage Loans, 7 HARVARD LAW & POLICY REVIEW 253 (2013) (with John Vlahoplus). Paying Paul and Robbing No One: An Eminent Domain Solution for Underwater Mortgage Debt, 19 (5) CURRENT ISSUES IN ECONOMICS & FINANCE 1 (2013) (lead article) (peer-reviewed economics and finance journal published by the Federal Reserve Bank of New York). Bretton Woods 1.0: An Essay in Constructive Retrieval, 16 N.Y.U. JOURNAL OF LEGISLATION & PUBLIC POLICY 401 (2013). Accidental Suicide Pacts and Creditor Collective Action Problems: The Mortgage Mess, the Deadweight Loss, and How to Get the Value Back, 98 CORNELL LAW REVIEW 55 (2013) (CLR Online). Were ‘It’ to Happen: Contract Continuity Under Euro Regime Change, 34 UNIVERSITY OF PENNSYLVANIA JOURNAL OF INTERNATIONAL LAW 277 (2013). Debt, Deflation, and Debacle: Of Private Debt Write-Down and Public Recovery, White Paper, Global Interdependence Center, Federal Reserve Bank of Philadelphia (2013). The Libertarian Welfare State, 56 CHALLENGE 100 (2013) (peer-reviewed economic policy journal). It Takes a Village: Municipal Condemnation Proceedings as Underwater Mortgage Cure, 18 STANFORD JOURNAL OF LAW, BUSINESS & FINANCE 121 (2013). Six Years On and Still Counting: Sifting Through the Mortgage Mess, 9 HASTINGS BUSINESS LAW JOURNAL 373 (2013). Leaning, Cleaning, and Macroprudence, 27 March 2013 HARVARD FORUM ON CORPORATE GOVERNANCE & FINANCIAL REGULATION (peer-invited forum contribution). 4 Domestic Bank Regulation in a Global Environment – A Comparative Dialogue, 17 NORTH CAROLINA BANKING LAW JOURNAL 1 (2013) (lead symposium, with Cyrus Amir-Mokri, Lissa Broome, Chris Brummer, and Michael Helfer). Public Infrastructure Investment and the U.S. Fiscal Position, White Paper, New America Foundation (2013) (with Robert Frank). Paying Peter, Paying Paul: How Eminent Domain for Underwater Mortgages Can Benefit Literally Everyone, Nov/Dec BOSTON REVIEW 32 (2012) (by invitation, peer-reviewed public affairs journal). White Paper in Support of the Nation Building Here at Home Act of 2012, White Paper, Office of U.S. Congressman Brian Higgins, 27th District of New York (2012). The Way Forward: Moving from the Post-Bubble, Post-Bust Economy to Renewed Growth and Competitiveness, White Paper, New America Foundation (2011) (with Daniel Alpert & Nouriel Roubini). The Home Mortgage Bridge Loan Assistance Act of 2011, Draft Statute, New York City Bar Association (2011) (with Michael Campbell) (introduced into NY Senate as S.5035 by Senator Peralta, April 2013). White Paper in Support of the Home Mortgage Bridge Loan Assistance Act of 2011, New York City Bar Association (2011) (with Michael Campbell). Promise against Peril: Of Power, Purpose, and Principle in International Law, 17 ILSA JOURNAL OF INTERNATIONAL & COMPARATIVE LAW 71 (2011). A Fixer-Upper for Finance, 87 WASHINGTON UNIVERSITY LAW REVIEW 1213 (2010). Foreword: Interpreting – and Learning From? – Yet Another ‘Meltdown,’ 61 SYRACUSE LAW REVIEW 411 (2010) (symposium issue). - Reprinted in part as Bubbles, Busts, and Blame, 37 CORNELL LAW FORUM 14 (2011). Making (Some) Sense of the Health Care Reform Debate, 53 CHALLENGE 28 (2010) (peer-reviewed economic policy journal). Justice in Time, 77 GEORGE WASHINGTON LAW REVIEW 1135 (2009) (symposium issue). Why Paretians Can’t Prescribe: Preferences, Principles, and Imperatives in Law and Policy, 18 CORNELL JOURNAL OF LAW & PUBLIC POLICY 391 (2009). 5 Bailouts, Buy-Ins, and Ballyhoo, 52 CHALLENGE 36 (2009) (peer-reviewed economic policy journal). - Reprinted in part as What the New Treasury Must Do, 35 CORNELL LAW FORUM 4 (2009). - Reprinted in part as Bringing It All Back Home: Save Main Street, Ignore K Street, and That Will Save Wall Street, 36 FORDHAM URBAN LAW JOURNAL 427 (2009) (symposium issue). Human Persons, Human Rights, and the Distributive Structure of Global Justice, 40 COLUMBIA HUMAN RIGHTS LAW REVIEW 343 (2009). Toward a Global Shareholder Society, 30 UNIVERSITY OF PENNSYLVANIA JOURNAL OF INTERNATIONAL LAW 101 (2008). - Reprinted in part as ‘Insource’ the Shareholding of ‘Outsourced’ Employees: A Global Stock Ownership Plan, 3 VIRGINIA LAW & BUSINESS REVIEW 357 (2008). - Reprinted in part as How the IFIs Can Win Globalization More Stakeholders – By Making More Stockholders, 17 KANSAS JOURNAL OF LAW & PUBLIC POLICY 295 (2008) (symposium issue). Reflective