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Book Talk: How the LIBOR Conspiracy Happened, and Why the Law Didn't Prevent It
Start Date: 4/5/2017Start Time: 4:00 PM
End Date: 4/5/2017End Time: 6:00 PM

Event Description:
Book Talk: How the LIBOR Conspiracy Happened, and Why the Law Didn't Prevent It

Book presentations and discussion of the LIBOR scandal led by:

David Enrich, financial enterprise editor at the Wall Street Journal and the author of  "The Spider Network," and 

Mark R. Patterson, 
Professor of Law, Fordham Law School, and the author of "Antitrust Law and the New Economy: Google, Yelp, LIBOR, and the Control of Information."

The Spider Network, by David Enrich, is a tale of a financial system run amok, told through the story of Tom Hayes, a mildly autistic British mathematician who goes from being one of the banking industry's most sought-after traders to being the modern face of financial crime. The book is based in large part on Enrich's years of extensive access to Hayes and his family, as well as troves of previously undisclosed primary-source materials that give readers an unvarnished inside look at how the banking industry really operates.

David Enrich is the financial enterprise editor at the Wall Street Journal, heading a team of investigative reporters at the paper. He previously served for several years as the Journal's European banking editor, based in London. His coverage of the financial crisis and a variety of banking scandals has won numerous journalism awards, including the 2016 Gerald Loeb Award for feature writing. His first book, The Spider Network, was published in March 2017.

In his book Antitrust and the New Economy, Professor Mark R. Patterson discusses a range of ways in which data can be manipulated for competitive advantage and exploitation of consumers (as happened in the LIBOR scandal), and he considers novel issues like “confusopoly” and sellers’ use of consumers’ personal information in direct selling. Antitrust law can and should be adapted for the information economy, Patterson argues, and he shows how courts can apply antitrust to address today’s problems.

Wednesday, April 5, 2017
Fordham Law School
Room 7-119 4:00 to 6:00 p.m.

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