For more information,
please contact:
Gwen Osborne,
director of public affairs, (312) 906-5251
ADVISORY TO PRODUCERS, COLUMNISTS AND ASSIGNMENT,
LEGAL, PLANNING, BUSINESS, AND DAYBOOK EDITORS
CHICAGO-- January 27, 2003--Chicago-Kent
College of Law, the Stuart Graduate School of Business
and the Center for Law and Financial Markets have
experts available to discuss current issues. To reach
any of our experts, call Gwen
Osborne, director of public affairs, at (312)
906-5251. Copies of press releases and earlier advisories
are available on our Web site: http://www.kentlaw.edu/news/
Chief weapons inspector Hans Blix has delivered
his report to the UN Security Council detailing
what his team has found in Iraq. According to Blix,
Iraq "appears not to have come to a genuine acceptance"
of the need to disarm. He also said that Iraq has
failed to disclose key elements of its biological
and chemical weapons programs. Blix has asked for
more time to complete the inspections. Professor
Bartram S. Brown,
co-director of Chicago-Kent's International and Comparative
Law Program, is available for interviews.
The Bush administration continues to deploy troops
to the Persian Gulf as the U.S. prepares for the
possibility of war with Iraq. Professor Michael
I. Spak, a colonel in the U.S. Army reserves,
is a co-author of Servicemember's
Legal Guide: Everything You and Your Family Need to
Know About the Law. He can discuss legal matters
of concern to members of the armed services, including
the Uniform Code of Military Justice and the Soldiers'
and Sailors' Relief Act of 1940.
What impact could war with Iraq have on the U.S.
economy? Professor Howard Simons of IIT's Center for Law and Financial
Markets is available for interviews. Professor Simons
has more than two decades experience in financial
and energy markets. He began his career as an economist
with the Amoco Corporation, and then was the managing
consultant for energy with Data Resources, Inc. He
has designed econometric trading systems for crude
oil traders and provided fundamental analyses for
financial market traders.
President Bush will deliver his State of the Union
Address this evening. Experts are available to
discuss key components of the president's remarks
related to foreign policy and the economy.
The National Basketball Association's All-Star Game
will be held February 9 in Atlanta. Adjunct professor
and sports attorney Eldon Ham is the author
of Play Masters: From Sellouts
to Lockouts: An Unauthorized History of the NBA
– a book about key legal issues related to the
league. Professor Ham is available for interviews.
The federal trial of Scott Fawell continues.
Fawell, who served as former Gov. George Ryan's chief
of staff and campaign manager, is charged with racketeering,
theft of government funds, conspiracy to obstruct
justice, perjury, mail fraud and filing false tax
returns. Citizens for Ryan, the campaign committee,
has also been charged with racketeering charges, the
first such charges to be filed against a political
campaign committee. Experts are available to discuss
the trial as it progresses.
Auction fraud accounted for more than half of all
Internet-related complaints received last year
by the FTC. What can consumers do to protect themselves?
Dean Harold J.
Krent is available for interviews.
Martha Stewart says legal fees, lost business and
the decreased values of shares in her company
have cost her an estimated $400 million since the
government began its investigation of alleged insider
trading. The investigation came as a result of Stewart's
sale of nearly 4,000 shares of ImClone Systems Inc.
stock in 2001. The transaction occurred the day before
ImClone announced that the FDA had rejected its application
for approval of a cancer drug. Her company, Martha
Stewart Living Omnimedia (MSO), is traded on the New
York Stock Exchange and includes Stewart's television
and radio programs, publishing interests and several
joint venture agreements. Stuart Graduate School of
Business professor Joel
Goldhar is available to discuss the impact
of the scandal on Stewart's personal branding issues.
For the second consecutive year, mutual funds devoted
to gold were among the industry's best performers.
In 2002, funds investing in gold stocks rose an average
of 64 percent, according to Bloomberg News. Professor
Robert Laurent of Stuart Graduate School
of Business is available to talk about gold prices
and the role of gold in monetary policy. Professor
Laurent served as a senior economist with the Federal
Reserve Bank of Chicago, participating in regular
briefings and policy recommendations regarding monetary
policy.
The Chicago Board of Trade (CBOT) is upgrading its
electronic trading platform. CBOT selected LIFFE
Connect, which it said is better able to execute complicated
trading strategies than its current provider, Eurex.
Professor David Norman is director of market technology at
IIT's Center for Law and Financial Markets and author
of Professional Electronic
Trading. Professor Norman is available to discuss
electronic trading platforms. He is available for
interviews.
Investments in hedge funds now total about $560
billion, up 75 percent from 1999. Professor Keith Black of IIT's Center for Law and Financial
Markets says, "While most investors are worried
about the stock market's three-year decline, other
investors are making money even as stock prices fall."
Professor Black can discuss why investors are attracted
to hedge funds in this market environment, strategies
hedge funds use to make money in up and down markets,
and how the growth in hedge fund investments affects
the stock and bond markets.
On the Downtown Campus:
January 30: Career Opportunities in Health Care
Marketing. Prospective students are invited to
meet the faculty and learn more about Stuart Graduate
School of Business' master of science in marketing
communication and its new concentration in health
care marketing. The program is designed to meet the
critical need for trained professionals who can develop
and implement marketing plans and strategies in hospitals,
pharmaceutical companies, HMOs, clinic networks and
other health care organizations. A panel of healthcare
marketing professionals will discuss career opportunities.
Panelists include: Terrence Rynne, president,
Rynne Marketing Group; professor and health care researcher
Dr. William Martin; and Bobbi Higham,
president, Alpha Clinical Enterprises. For more information,
contact Professor John
Tarini at (312) 906-6535.
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