The Duck of Minerva

The Duck Quacks at Twilight

Rock ‘n Roll ‘n IPE

March 15, 2010

Just a shout-out to NPR Planet Money for sharing the rock ‘n roll reference in the Dodd financial reform proposal, or at least, Dodd’s summary of it. A “no escape” clause for companies seeking to evade supervision is called the Hotel California Provison. Yup, it’s right there in the text. We assume it’s referring to the line about how “you can check out any time you want…but you can never leave.” (although “we are all just prisoners here…of our own device” could also work).

Glad to know the people fighting the good fight for financial regulatory reform are totally cool folks. Now, whether they can get any bill passed is something else again.

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Virginia Haufler is Associate Professor in the Department of Government and Politics at the University of Maryland, College Park and is affiliated with the Center for International Development and Conflict Management. Her research focuses on the changing nature of governance in the global political economy, especially the role of transnational corporations and corporate social responsibility. Her current research examines how transnational regulation of the private sector addresses issues of conflict and corruption.

She is also Director of the Global Communities Living-Learning Program, which introduces freshmen to scholarship and experiences that explore globalization, global issues and intercultural understanding. She has been a visiting scholar at University College London, University of California-Irvine, the University of Southern California, and the Carnegie Endowment for International Peace. She has pressented her work at conferences, workshops and talks in more than a dozen countries. She has served on the boards of non-profit organizations, including Women in International Security, the Peace Research Institute Frankfurt, and the OEF Foundation, and has advised the Principles for Responsible Investment and the Business4Peace Platform of the UN Global Compact. She has a M.A./Ph.D from Cornell University and dual B.A. from Pennsylvania State University.