ROBERT C. HOCKETT Cornell Law School 316 Myron Taylor Hall Ithaca NY 14853 USA [email protected] May 2013 EMPLOYMENT Cornell Law School, Ithaca, New York 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- International Monetary Fund, Washington, District of Columbia Resident Consultant, 2012-; 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 Elect, Section on Financial Institutions, 2013- 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- 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- 1 Westwood Capital, LLC, New York, New York Of Counsel, 2011- Americans for Financial Reform, Washington, District of Columbia Fellow, 2012- The Occupy Money Cooperative, New York, New York 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 Private Means to Public Ends: Governments as Market Actors, 14 THEOR. INQ. IN L. __ (2013) (with Saule T. Omarova) (peer-reviewed journal of legal theory) (symposium issue) (forthcoming). A Federalist Blessing in Disguise: From National Inaction to Local Action on Underwater Mortgage Loans, 7 HARV. L. & POL’Y REV. __ (2013) (with John Vlahoplus) (forthcoming). The Macroprudential Turn: From Institutional“Safety and Soundness” to “Systemic Financial Stability” in Financial Supervision, 8 VA. L. & BUS. REV. __ (2013) (forthcoming). Paying Paul and Robbing No One: An Eminent Domain Solution for Underwater Mortgage Debt, 18 CURRENT ISSUES IN ECON. & FIN. __ (2013) (forthcoming) (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. J. LEGIS. & Public Pol’y __ (2013) (forthcoming). Money, Finance, and Recursive Collective Action Problems, 5 J. APP. ECON. __ (2013) (peer-reviewed economics journal) (forthcoming). Recursive Collective Action Problems, 5 J. APP. ECON. __ (2013) (peer-reviewed economics journal) (forthcoming). Income Inequality & Market Volatility: Explaining the Relation, 18 N.C. BANKING L. J. __ (2013) (symposium issue) (forthcoming). Accidental Suicide Pacts and Creditor Collective Action Problems: The Mortgage Mess, the Deadweight Loss, and How to Get the Value Back, 98 CORNELL L. REV. __ (2013) (CLR Online) (forthcoming). Contracts, Currencies, and Legal Change, 30 U. PA. J. INT’L L. __ (2013) (forthcoming). - Reprinted in part as Were “It” to Happen: Contract Continuity Under Euro Regime Change, 32 NW. J. INT’L L. & BUS. __ (2013) (forthcoming). - Reprinted in part as Contracts and Currency Regime Change, 5 INDIA L. J. __ (2013) (forthcoming). 3 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: An Essay on Robert Frank’s “Darwin Economy,” 56 CHALLENGE 100 (2013) (peer-reviewed economic policy journal). It Takes a Village: Municipal Condemnation Proceedings as Underwater Mortgage Cure, 18 STAN. J. L., BUS. & FIN. 121 (2013). - Reprinted in part as An “Inverse-Kelo” Cure for Underwater Mortgage Debt, 46 REAL ESTATE L.J. __ (2013) (peer-reviewed journal of real estate law and finance) (forthcoming). - Reprinted in part as Public-Private Partnerships for Mortgage Refinance, 46 U. MICH. J.L. REFORM __ (2013) (forthcoming). Six Years on and Still Counting: Sifting Through the Mortgage Mess, 9 HAST. BUS. L. J. 373 (2013). Macro-Securities and Micro-Insurance: Public and Private in the Completion of Risk-Trading Markets, 5 INS. MARKETS & COMP. J. __ (2013) (peer- reviewed insurance journal) (forthcoming). Gaming as Micro-Insurance: How and Why to Regulate, not Eliminate, Online Gambling, 5 INS. MARKETS & COMP. J. __ (2013) (peer-reviewed insurance journal) (forthcoming). Domestic Bank Regulation in a Global Environment – A Comparative Dialogue, 17 N.C. BANKING L. J. 1 (2013) (lead symposium, with Cyrus Amir- Mokri, Lissa Broome, Chris Brummer, and Michael Helfer). Justice in Production: Ethical, Legal, and Economic Foundations of “Economic Democracy,” Policy Paper, The Century Foundation (2013) (forthcoming). Government as Market-Maker, Policy Paper, Roosevelt Institute (2013) (forthcoming). A Sustainable Architecture for Global Trade and Finance, White Paper, New America Foundation (2013) (forthcoming). Public Infrastructure Investment and the U.S. Fiscal Position, White Paper, New America Foundation (2013) (with Robert Frank) (forthcoming). Leaning, Cleaning, and Macroprudence, 27 March 2013 HARVARD FORUM ON CORP. GOV. & FIN. REG. (peer-invited forum contribution). 4 Paying Peter, Paying Paul: How Eminent Domain for Underwater Mortgages Can Benefit Literally Everyone, Nov/Dec BOSTON REV. 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 Analytics of Distribution, 20 S. CAL. INTERDISC. L. J. 1 (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). 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 J. INT’L & COMP. L. 71 (2011). A Fixer-Upper for Finance, 87 WASH. U. L. REV. 1213 (2010). Foreword: Interpreting – and Learning From? – Yet Another “Meltdown,” 61 SYRACUSE L. REV. 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 GEO. WASH. L. REV. 1135 (2009) (symposium issue). Why Paretians Can’t Prescribe: Preferences, Principles, and Imperatives in Law and Policy, 18 CORNELL J. L. & PUB. POL’Y 391 (2009). 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). 5 - Reprinted in part as Bringing It All Back Home: Save Main Street, Ignore K Street, and That Will Save Wall Street, 36 FORDHAM URBAN L. J. 427 (2009) (symposium issue). Human Persons, Human Rights, and the Distributive Structure of Global Justice, 40 COLUMBIA HUMAN RIGHTS L. REV. 343 (2009). Toward a Global Shareholder Society, 30 U. PA. J. INT’L L. 101 (2008). - Reprinted in part as “Insource” the Shareholding of “Outsourced” Employees: A Global Stock Ownership Plan, 3 VA. L. & BUS. REV. 357 (2008). - Reprinted in part as How the IFIs Can Win Globalization More Stakeholders – By Making More Stockholders, 17 KAN. J. L. & PUB. POL’Y 295 (2008) (symposium issue). Reflective Intensions: Two Foundational Decision-Points in Mathematics, Law, and Economics, 29 CARDOZO L. REV. 1967 (2008) (symposium issue). What Kinds of Stock Ownership Plans Should There Be? Of ESOPs, Other SOPs and “Ownership Societies,” 92 CORNELL L. REV. 865 (2007). - Reprinted