It's my great pleasure to welcome Kim Krawiec of Duke Law School into the faculty lounge. Kim's going to be sitting with us for a spell. Kim was with UNC for many years and she has taught law at the University of Virginia, Harvard, and Northwestern, among many other schools.
In 2000, she wrote an article in the Oregon Law Review arguing that banks benefited from and rewarded “rogue” trading -- the practice of making unauthorized and risky trades on behalf of an employer or financial institution -- because risk nets profit. She revisits the idea in a 2009 article published in the Arizona Law Review, which notes that the idea of bank complicity in rogue trading seemed strange in 2000, but is commonly accepted today.
I'm really looking forward to Kim's posts; I hope she'll talk some about her work on baby markets, as well as about how ideas from the corporate world fit with law school management.Krawiec’s more recent works address trade within forbidden or contested markets and organizational misconduct. Her recent works include “Price and Pretense in The Baby Market,” in Baby Markets: Money, Morals, And The Neopolitics Of Choice (Cambridge University Press, forthcoming 2009); “Sunny Samaritans & Egomaniacs: Price-Fixing in the Gamete Market,” and “Show Me The Money: Making Markets in Forbidden Exchange,” forthcoming in Duke Law School’s Law and Contemporary Problems, and “Altruism and Intermediation in the Market for Babies,” in the Washington & Lee Law Review. She also recently contributed a chapter, “Operational Risk Management: An Emergent Industry,” to the book Operational Risk Towards Basel III: Best Practices And Issues In Modeling, Management And Regulation (John Wiley and Sons, 2009).
Welcome to the Lounge. Look forward to reading your posts.
Posted by: Jacqui Lipton | June 16, 2009 at 03:28 PM