Prof. Frank Partnoy Co-Authors Cover Story "What's Inside America's Banks"
San Diego (January 2, 2013) - George E. Barrett Professor of Law and Finance and Co-Director of the Center for Corporate and Securities Law Frank Partnoy co-authored a cover story in the January/February issue of The Atlantic magazine with Pulitzer Prize-winning reporter Jesse Eisinger.
“What’s Inside America’s Banks?” takes readers on an adventure through the financial statements of Wells Fargo—a bank widely regarded as one of the most conservative—to gauge whether it is possible to make informed judgments about the financial risks a bank may be carrying:
“Some four years after the 2008 financial crisis, public trust in banks is as low as ever. Sophisticated investors describe big banks as ‘black boxes’ that may still be concealing enormous risks—the sort that could again take down the economy.”
About Frank Partnoy
Frank Partnoy is the George E. Barrett Professor of Law and Finance and the Director of the Center for Corporate and Securities Law at USD School of Law, where he teaches and writes in the areas of business and corporate law. He is the author of several popular books including: Wait: The Art and Science of Delay (PublicAffairs, 2012), The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals (PublicAffairs, 2010), Infectious Greed: How Deceit and Risk Corrupted the Financial Markets (PublicAffairs, 2009), and FIASCO: Blood In The Water On Wall Street (W. W. Norton and Company, 2009). Before joining the USD faculty in 1997, Partnoy worked as an investment banker at CS First Boston and Morgan Stanley in New York, as well as as an attorney at Covington and Burling in Washington, D.C.
About the University of San Diego School of Law
Recognized for the excellence of its faculty, curriculum and clinical programs, the University of San Diego (USD) School of Law enrolls approximately 900 Juris Doctor and graduate law students from throughout the United States and around the world. The law school is best known for its offerings in the areas of business and corporate law, constitutional law, intellectual property, international and comparative law, public interest law, and taxation.
USD School of Law is one of the 81 law schools elected to the Order of the Coif, a national honor society for law school graduates. The law school’s faculty is a strong group of outstanding scholars and teachers with national and international reputations and currently ranks 23rd worldwide in all-time faculty downloads on the Social Sciences Research Network (SSRN). The school is accredited by the American Bar Association and is a member of the Association of American Law Schools. Founded in 1954, the law school is part of the University of San Diego, a private, nonprofit, independent, Roman Catholic university chartered in 1949.