Recent Media
Michael Greenberger, JD
Professor
Michael Greenberger
Wall Street Journal - December 31, 2011
Professor Greenberger suggests that MF Global's bankruptcy will
negatively impact futures trading and that robust market reforms are
necessary to protect small traders.
SNL Finance - December 21, 2011
Professor Greenberger anticipates that the CFTC's position limits rule,
which is being challenged by members of the financial industry, will be
upheld in federal court
KTAR - December 15, 2011
Professor Greenberger observes that the MF Global hearings featuring
John Corzine failed to resolve the pressing issues surrounding MF
Global's collapse.
Thomson Reuters - December 2, 2011
Professor Greenberger argues that the Commodities Futures Trading
Commission is well prepared to defend its position limits rule against
a law suit recently filed by the financial industry.
The Diane Rehm Show (NPR) - November 30, 2011
Professor Greenberger discusses the implications of Judge Rakoff's
November 28, 2011, ruling in SEC v. Citigroup Global Markets Inc.
WBUR - November 29, 2011
Professor Greenberger expresses concern that Congressman Barney
Frank's departure from Congress at the end of 2012 will weaken
efforts to implement robust financial reforms.
Washington Post - November 28, 2011
Professor Greenberger praises Congressman Barney Frank's
commitment to Wall Street reform and expresses hope that other law
makers will step up to lead the financial reform effort that
Congressman Frank championed.
Wall Street Journal - November 18, 2011
Professor Greenberger comments on the fact that MF Global may have
shifted hundreds of millions of dollars in customer funds to its own
brokerage accounts.
Washington Post - November 16, 2011
Professor Greenberger anticipates that the meager funding proposed
by Congress for the Commodities and Futures Trading Commission
will prevent the agency from implementing and enforcing its
regulations and introduce new uncertainty into the markets.
WNYC News - November 11, 2011
Professor Greenberger explains that, in order to recover their losses,
MF Global's commodities and futures clients will have to participate in
a bankruptcy proceeding and even then they will likely recover pennies
on the dollar.
Reuters - November 11, 2011
Professor Greenberger describes as "shocking" the fact that MF
Global desegregated customer funds.
National Journal - November 10, 2011
Professor Greenberger observes that U.S. hedge funds are concerned
that U.S. regulators may follow the E.U.'s lead and ban "naked"
credit-default swaps on sovereign debt.
Washington Post - November 8, 2011
Professor Greenberger suggests that although the Commodities
Futures Trading Commission did not detect MF Global's highly
leveraged risky trading, the agency would likely have detected such
activity in larger banks like Goldman Sachs and Morgan Stanley.
WNYC News - November 7, 2011
Professor Greenberger comments on the possible ramifications of
Chairman Gary Gensler's decision to recuse himself from the
Commodities and Futures Trading Commission's investigation into
MF Global's collapse.
Forbes - November 3, 2011
Professor Greenberger suggests that the MF Global bankruptcy has
angered traders and could further undermine confidence in US futures
markets.
Wall Street Journal - November 3, 2011
Professor Greenberger notes that hedge funds are concerned that
they may not be able to retrieve the money they invested in MF Global.
Financial Times - November 2, 2011
Professor Greenberger comments that the MF Global bankruptcy
happened so quickly that  regulators may not have been able to
immediately track missing customer segregated funds.
All Things Considered (NPR) - November 1, 2011
Professor Greenberger suggests that safety procedures may have
been "shut off" in order to facilitate MF Global's use of customer
segregated funds to shore up its balance sheet.
Reuters - November 1, 2011
Professor Greenberger comments on CME's failure to effectively
monitor the whereabouts of MF Global's customer segregated funds.