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Joseph A. Grundfest

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http://www.law.stanford.edu/directory/profile/29/

Joseph A. Grundfest is the W.A. Franke Professor of Law and Business at Stanford Law School. He is a nationally recognized expert on capital markets, corporate governance, and securities litigation. He founded the award-winning Stanford Securities Class Action Clearinghouse, which provides detailed, online information about the prosecution, defense, and settlement of federal class action securities fraud litigation. He co-directs Directors' College, the nation's leading venue for the continuing professional education of directors of publicly traded corporations, as well as the Arthur and Toni Rembe Rock Center for Corporate Governance and the Stanford Program in Law, Economics, and Business. Before coming to Stanford in 1990, he was a commissioner of the Securities and Exchange Commission and served on the staff of the President's Council of Economic Advisors as counsel and senior economist for legal and regulatory matters.

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Recent Commentary

Ending Government Bailouts As We Know Them image cover

Ending Government Bailouts As We Know Them

by Nicholas F. Brady, Darrell Duffie, Joseph A. Grundfest, Richard J. Herring, Thomas M. Hoenig, Thomas Jackson, William F. Kroener III, Charles S. Morris, Kenneth E. Scott, George P. Shultz, Kenneth Spong, Johannes Stroebel, Kimberly Anne Summe, John B. Taylor, Paul Volckervia Books by Hoover Fellows
Monday, March 15, 2010

The American people are clearly upset about the massive government bailouts of faltering organizations and the consequent commitment of taxpayer dollars-as well as the heavy involvement of the federal government in private sector activities.

Featured Commentary

What's Needed is Uncommon Wisdom

by Joseph A. Grundfestvia New York Times
Tuesday, October 6, 2009

Public policy reflects the common wisdom. Legislation cannot pass the House of Representatives unless half the members support it. It takes a 60 percent supermajority to avoid a Senate filibuster. Can wisdom get more common than that?