On March 14, 2014, Stanford, MIT, NBER make clear their joint financial liability for everything Stanley Fischer does while in office. Fischer only has procedural immunity for himself as a public official. He does not have substantial immunity. His procedural immunity does not transfer to others. Even procedural immunity likely doesn’t apply when the person was part of a business conspiracy from before public office that continued in office.
Stanford is tightly linked to banks, regulators, financial services in general, tech companies and so on. So all these nodes are linked together. When they know of and support wrong doing and get benefits from government, financial institutions, regulators or ratings agencies, they are jointly liable for the losses caused to others. This includes antitrust approvals that should not be given and ratings that are too high for the bonds of countries involved, whether Russia or the US.
http://siepr.stanford.edu/SIEPR.Economic.Summit.2014.Agenda
| THE DAY | |
| Moderator: | Steven Kohlhagen, SIEPR Advisory Board Member |
| 7:30 – 8:00 | Registration and Breakfast |
| 8:00 | Welcome |
| John Shoven, The Trione Director of SIEPR; Charles R. Schwab Professor of Economics | |
| 8:00 – 9:00 | Opening Remarks |
| Salman Khan, Founder and Executive Director, Khan Academy | |
| 9:00 – 10:20 | Session I Implementation of the Affordable Care Act |
| Henry Aaron, Senior Fellow, Brookings Institution; SIEPR Advisory Board Member | |
| Katherine Baicker, Professor, Health Economics, Department of Health Policy and Management, Harvard School of Public Health | |
| Mark Duggan, Professor, Business Economics and Public Policy and Professor, Health Care Management, Wharton, University of Pennsylvania | |
| 10:20 – 10:40 | Break |
| 10:40 – 12:00 | Session II Adjusting Institutions for Longer Lifetimes |
| James Poterba, President, National Bureau of Economic Research (NBER); Mitsui Professor of Economics, MIT; SIEPR Advisory Board member | |
| John Shoven, The Trione Director of SIEPR; Charles R. Schwab Professor of Economics | |
| 12:00 – 12:45 | Lunch |
| 12:45 – 1:45 | Lunch Remarks: The State of the Russian Economy |
| Sergei Guriev, Visiting Professor, Sciences Po in Paris; Professor of Economics, New Economic School in Moscow | |
| Condoleezza Rice, Denning Professor in Global Business and the Economy, Thomas and Barbara Stephenson Senior Fellow on Public Policy, Hoover Institution; Professor of Political Science; SIEPR Advisory Board Member | |
| 1:45 – 2:00 | Break |
| 2:00 – 3:00 | Session III Outlook on the Economy |
| Pat Gelsinger, CEO, VMware, Inc. | |
| Shantanu Narayen, CEO, Adobe Systems, Inc. | |
| 3:10 – 4:10 | Session IV Observations on the Budget |
| Leon Panetta, Chairman, Panetta Institute; Former Secretary of Defense | |
| 4:10 – 4:30 | Break (Move to Desired Critical Issue Session) |
| 4:30 – 5:45 | Critical Issue Sessions and Their Locations SIEPR(366 Galvez Street), Koret-Taube Conference Center, Rooms120 and 130 Arrilaga Alumni Center (326 Galvez Street), Fisher Conference Center Four simultaneous sessions. Please choose one to attend. |
| Session I: Government and the Mortgage Market – The Impact on Housing Fisher Conference Center in Arrilaga Alumni Center, McDowell/Cranston |
|
| Moderator: | Eugene Shanks, Director, Freddie Mac, ACE Ltd.; SIEPR Advisory Board Member |
| Kenneth Bacon, Co-Founder and Managing Partner, RailField Partners | |
| Frank Nothaft, Vice President and Chief Economist, Freddie Mac | |
| Ron Sturzenegger, Legacy Asset Servicing Executive, Bank of America | |
| Session II: Will Pension Obligations Sink Our Cities? Fisher Conference Center in Arrilaga Alumni Center, Lane/Lyons/Lodato |
|
| Moderator: | Joe Nation, Professor of the Practice of Public Policy, Stanford University |
| Karol Denniston, Partner, Schiff Hardin Law Firm | |
| Tom Lockard, Managing Director, Public Finance, Stifel Nicolaus | |
| Joshua Rauh, Professor of Finance, Stanford Graduate School of Business; Senior Fellow, Hoover Institution and SIEPR | |
| Session III: Corporate Governance Koret-Taube Conference Center at SIEPR, Room 120 |
|
| Moderator: | Patrick Gross, Chairman, The Lovell Group; SIEPR Advisory Board Member |
| Susan Bostrom, Former Executive Vice President and Chief Marketing Officer, Cisco Systems; SIEPR Advisory Board Member | |
| Mary Cranston, Retired Senior Partner and Immediate Past Chair, Pillsbury Winthrop Shaw Pittman LLP | |
| Michael Klausner, Nancy and Charles Munger Professor of Business and Professor of Law, Stanford Law School | |
| Session IV: China’s Economic Outlook Koret-Taube Conference Center at SIEPR, Room 130 |
|
| Moderator: | Nicholas Hope, Director of SCID |
| Feng Deng, Founding General Partner, Northern Light Venture Capital; SIEPR Advisory Board Member | |
| David Lam, Managing Director, WestSummit Capital; Board Chair, Asia America MultiTechnology Association (AAMA) | |
| Xiaonian Xu, Professor of Economics, China Europe International Business School; Visiting Scholar, SCID, Stanford University | |
| THE EVENING | |
| 6:00 – 6:45 | Reception |
| 6:45 – 9:00 | Dinner, SIEPR Prize Award Ceremony, and Keynote Speech |
| Stanley Fischer, Distinguished Fellow, Council on Foreign Relations; Former Governor, Bank of Israel |
http://siepr.stanford.edu/peopleaz/1&l=All
A lot of people may have some splain’in to do.
The above is speculation and hypotheses. Please restate as questions.
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