Should the government share the results of its stress tests of 19 major banks?
Experience shows that more disclosure rather than less is better when it comes to banks, said Penn Law Professor Jill Fisch, who specializes in securities issues. “We did get into this mess because we had a lot of sloppiness in the way financial institutions and others were required to disclose their values and models and risk,” she said. “Going forward that can’t be a good thing.” (4/15/2009). Reuters. • The real problem facing health care is too much malpractice, not too much litigation, says Tom Baker, a law professor at the University of Pennsylvania. “The idea that Americans are suit-happy, litigation-crazy, and ready to rumble in the courts is one of the more amazing myths of our time. It’s not pretty to say, but doctors and nurses make preventable mistakes that kill more people in the United States every year than workplace and automobile accidents combined.” (3/31/2009). Canadian Medical Association Journal • Former PPR faculty affiliate Edward DeSeve was appointed senior advis
