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-- June 16, 2004--Chicago-Kent College of
Law, the Stuart Graduate School of Business and the Center for
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/
The U.S. Supreme Court dismissed a challenge to the Pledge
of Allegiance on technical grounds without addressing the
controversy surrounding the words "under God." Justice
Antonin Scalia did not participate in the case. The remaining
justices ruled unanimously that Michael Newdow, who filed the
suit on behalf of his daughter, did not have standing to sue because
of unresolved custody issues with the child's mother. However,
the ruling did not address whether the words "under God"
in the pledge is an unconstitutional government endorsement of
religion. Chicago-Kent professors Sheldon
H. Nahmod and Katharine
Baker are available for interviews.
Federal Reserve Chairman Alan Greenspan appeared this week
before the Senate Banking Committee considering his nomination
for a fifth four-year term as chairman. Meanwhile, stock prices
have declined amid fears that the Fed will raise interest rates
at its June meeting. Professor Robert
Laurent of Stuart Graduate School of Business served as
a senior economist with the Federal Reserve Bank of Chicago, where
he participated in regular briefings and policy recommendations
regarding U.S. monetary policy. Professor Laurent is available
to talk monetary policy.
The UN last week endorsed a resolution that outlines the role
and limitations of the new Iraqi government that will take
over June 30. The resolution authorizes the U.S.-led multinational
force to remain in Iraq to help ensure security but gives the
Iraqi government the right to ask the force to leave at any time.
Chicago-Kent professor Henry
H. Perritt, Jr., says there are parallels between multi-lateral
intervention in Iraq and in Kosovo. Professor Perritt is co-author
of a report on final status for Kosovo. He says, "If the
multi-lateral intervention in Kosovo fails after five years, that
failure will bode ill for the future of Afghanistan and Iraq."
Media copies of the report are available and Professor Perritt
is available for interviews.
My Life, the memoirs of former president Bill
Clinton, will be released next week. Experts are available
to discuss legal, economic and foreign policy issues related to
the Clinton presidency.
British officials are considering a request from Newcastle
University to begin cloning human embryos for stem cell research
aimed at creating insulin-producing cells in diabetic patients.
Professor Nigel Cameron is director of IIT's Institute
on Biotechnology and the Human Future. He is available for interviews
about ethical issues regarding stem cell research. He can also
discuss the Institute's July 9 symposium in Washington, D.C.,
that will draw participants from the U.S., Canada and Europe to
consider international perspectives on the cloning debate.
The U.S. Supreme Court justices still have rulings on several
key legal issues to hand down. They will rule on cases involving
executive privilege, detention of foreign nationals,"enemy
combatants" and the Child Online Protection Act. Professor
Sheldon Nahmod is
available for interviews about key decisions and themes of the
2003-04 term.
Hedge funds now account for 25 percent of trading volume on
the New York Stock Exchange. What are hedge funds and how
do they work? Professor Keith
Black of Stuart Graduate School of Business' Center for
Financial Markets is the author of a forthcoming book, Managing
a Hedge Fund. 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.
Downtown Campus Events:
June 19: Stuart Graduate School of Business Commencement.
Alvin Gorman, chairman of Power Contracting and Engineering,
will deliver the keynote address. Gorman is a member of the Stuart
School's board of overseers and a member of the Illinois Institute
of Technology's board of trustees. Commencement exercises will
be held on the IIT Main Campus in the Hermann Union Building (HUB),
3241 S. Federal Street in Chicago.
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