some of the liquidity concerns still remain according to our next guest, columbia law school professorherine judge. she is joining us next. this is bloomberg. ♪ remain: i don't know if you remember about a year ago, we were going through this huge frenzy in the market where we were tightening adjustment spreads and what it all meant. joe: i thought it all just worked out. romaine: that invisible hand right? joe: yeah. it really was a run on the entire system last year, and now you see the long-term chart, just another blip. we are back to normal, and absolutely to your point, massive intervention. all the treasuries, not just corporate bonds. caroline: those options now getting no pickup whatsoever, but the question is if that doesn't exactly align risk-taking the way it should be. joe: joining us with more insight, a columbia law school professor, member of the task force sponsored by the brookings institution and university of chicago. thank you so much. obviously, the world did not fall apart. the fed did its job. we are here. also, people are not crazy about the fact that it had to

that as soon as it resumes but for now let's bring in alexis heard she's a law or lecturer at columbia law school and a former senior counsel at the end legal defense and educational fund she joins us now from new york alexis you yourself used to be a criminal defense lawyer what do you make of the line of questioning that we've been seeing so far here. thank you for having me and good evening good morning in new york what we're seeing here is not a question of officer former officer shoguns intent rather the focus of the state and the defense is whether his conduct was reasonable and his conduct caused george floyd's death and so as a defense attorney as offense counsel we see mr nelson continually questioning cross-examining the state's witness witnesses on whether or not show them is conduct was reasonable and the point that he's able to make are brief and small relative to the weight of the state's case i want to remind our viewers how rare it is to see and hear police officer is testifying against her and with this officer we have now the 7th employee of the minnesota police department testi

about the provision of of health care and medical services to that alexis hoga law electra and columbia law school great to get your thoughts with us here on out of there thanks so much for being with us and access. or let's now go to our correspondent allen fessor he is outside that courthouse where that trial is taking place in minneapolis and as we've been saying the prosecution is really trying to ram home this point here. they're drilling down on training they've done it with the to witnesses this morning what was interesting was carryin who is involved in the training was asked does it. sometimes the public don't understand what a police officer is doing because it will look bad but it's still clearly illegal that goes to the point that the gas was just making that the defense are trying to say look he did what he had to do me a look bad to those that were filming and on video but derek chauvin was acting within the guidelines what they're doing know the prosecution with the the witness that is there is to see what would you define as use of force and clearly he has said use of force you use

our featured author tonight jamal greene is the professor of law at gayle university -- columbia university columbia law school a graduate of harvard college and yale law school former law clerk to the honorable john paul stevens who was also reporter for "sports illustrated" from 1999 to 2002 and he's a man of diverse interests. he is joined by randy kennedy, my old friend. brandy is the michael cline professor of law at harvard law school. randy received his undergraduate from princeton and his law degree from el university attended oxford university as a rhodes scholar former supreme court justice thurgood marshall. he's the author of six books including race, crime and the law for which he received the robert kennedy book award. he is a practicing lawyer and has been a member of the bar of the supreme court of the u.s. and colombia member of the american philosophical society american academy of arts and sciences. tonight they will discuss jamal's new book "how rights went wrong" why our obsession with rights is tearing america apart welcome to you both. glad you are here. >> thank you carolyn. good to be

joining us as moderator this evening professor of jurisprudence at columbia law school. a leading constitutional theorist who has an extensive history of government service serving in all three branches of government joining six administrations republican and democratic including most recently the intelligence program for critical infrastructure for strategic planning at the national security council. the presentation will last for an hour and your questions could be submitted on your zoom screen. will ask as many questions as time allows. >> you say war is the most organized of human activities. as a constitutional lawyer like me it is said that governments are the most organized that relationship between more and the emergence of state one of the great strengths of this wonderful and gripping book the need to make war is the driver for organization and we should expand on that. >> a pleasure to be here have very happy memories of the historical society i think we may argue because war and government are so closely intertwined but what i mean is that when you think of w

. >> host:ro art guest is from the wharton school of business university of pennsylvania columbia law school -- on the business side of your experience and when it comes the biden administration's plans to raise taxes 20% when you think as the agenda of the biden administration andnd corporatio? >> so first of all corporations the supreme court never decided you could look into that there's a case in the 1800's where the head of the railroad corp. said -- are human beings and the summary of the case never ruled that corporations found a way to take over this country. you have all these science-fiction movies where machines or the robots take over. we are in a science-fiction movie because the machine we told corporations because they are legal fiction they took over the country. how do they do at? they started with the railroads and 1800's but mainly citizens united so we -- the supreme court said corporation to give a moment of money to politicians for the city worker that is called bribery. now we go oh no $1 million to politician all but there does having a friendly conversation. no, to b

wonderful guy that i taught with taught this material with in seminars that yeah law school for three years. he teaches now at columbia law school. so just read the first couple of paragraphs. on september 17th, 1987 and extravagant celebration took place in philadelphia to mark the bicentennial of the united states constitution. a quarter of a million people lined the route for for parade that included a 40-foot replica of a parchment scroll the constitution deified. at 4pm the albert which the delegates to the constitutional convention had signed the document 200 years earlier a man step forward to ring a replica of the liberty bell. his abundant man of white hair made him instantly recognizable it was warren e berger the retired chief justice of the united states who had ended his 17-year tenure a year earlier for the purpose of presiding over this very observance which as it happened fell on his 80th birthday. burger address the crowd quote if we remain on course keeping faith with the vision of the founders with freedom under order liberty, we will have done our part to see that the great new idea of government b

then it led to harvard and columbia law school. i turned down high-paying corporate law firms to take my dream job, in the justice department attorney general's honors program where i served for six years, primarily during the george w. bush administration. i began my legal career traveling across the country to communities like louisiana and in mississippi. learn to be a lawyer's lawyer, to focus on the rule of law and let the facts lead where they may. when i left coj i carried the words of the late thurgood -- thurgood marshall. where you see inequality or injustice, speak out because this is your country. this is your democracy, make it protected, pass it on. i tried to do just that in every step of my career, from voting rights product to the civil-rights bureau and the new york state attorney general's office where i was the state's top civil rights enforcement officer. since 2015, i have led the lawyers committee for civil rights under law, none of the nations leading civil rights legal organizations. the lawyers committee a

native of wisconsin, brad is a graduate of princeton university and received his jd from columbia university law school. over the past decade, he spearheaded the company's work to advance privacy protection for microsoft customers, the rights of dreamers and other immigrants, including bringing multiple lawsuits against the government on these issues. bravo, brad. thank you for doing that. in the time i've known brad, i've always thought of his insight on the responsibility of the sector to preserve and promote civil society. brad is uniquely qualified to speak about the type of values-based principled leadership, not just at the corporate level, but at the personal level that will be necessary for american leadership in the 21st century . so, we are so grateful to have you with us today and i can't thank you enough personally. brad: thank you, john. it's great to be with you and brookings and mount vernon, two great institutions. it's a pleasure and it's a great topic to discuss and i look forward to it. john: we will benefit from your views on these issues we will be facing. so, george washington, ge

lena con --lina kahn is an associate professor of law at columbia law school. previously she served as an advisor to the ftc and counsel to the house judiciary committee subcommittee on antitrust, commercial, and administrative law. she will serve as the nations that's one of the nations leading -- she will serve as one of the nations leading antitrust officials and consumer advocates. how do we fulfill that mission that the ftc has to protect consumers in the information age? a very big challenge. we know that section five of the ftc on unfair and deceptive practices in an information age, how much that has been challenged. we look forward to how you can help us keep on track. in 2011, we watched google and facebook establish dominance. if you are not paying for it, you are the product. we have to absorb what that has meant for all of us over the last decade. i believe in the promise of the internet, but i also believe that we need a policewoman on the beat to make sure the markets function correctly. that is what a major role of the ftc is in partnership with

law at columbia university, and her work has been published in just about everywhere. as the world has noticed, her article on amazon which she wrote while still in law school went viraly wall review articles do that. and described by "the new york times" as reframing decades of monopoly law. given the interest of the committee from left to right from liberal to conservative and taking on antitrust and privacy issues, i can't think of a more qualified person to be considered for the ftc. lina khan is a pioneer in competition policy who is already a noted expert in her field. her deep understanding of how the markets influence our lives and how the law should function is exactly what we need of the ftc. the ftc has done some remarkable work including the recent filing of the major case against facebook. for too long, mergers have gone unchallenged and accumulated levels of market power that we haven't seen in the century. these are some of the most important issues of the day. they are complicated and lina khan will bring a critical perspective. she's committed to using the agency's authority to help solve problems and has been committed to public service as we can see

associate professor at law at columbia law school, her scholarship has received several awards swb be published by harvard, yale, columbia, university of chicago law e are review, served as commissioner to the house judicial committee. as commissioner of the ftc ms. kahn will serve as one of the nation's leads antitrust officials and consumer advocates. believe how do you fulfill the mission that the ftc has to protect consumers in the information age. a very big challenge. we know that section 5 of the ftc on unfair and deceptive practices for competition and information age how much that's been challenge pd p so we look forward to exactly how you can help us keep on track on this important mission. in 2011, john perry bar low observed as we watched google and facebook establish dominance, if you're not paying for it, you're the product. we have to absorb what that has meant for all of us over the last decade. i believe in the promise of the internet and the information age, but i also believe that we need a policeman or in this case a policewoman on the beat. we need to make sure th

worked as an associate and then partner at the law firm covington and burling and earned his columbia law schooltudied international law and economics in geneva, switzerland. mr. smith, i thank you for joining us and also for the tremendous work you do in our state and in our country. i look forward to your testimony today. >> i thank you the lady and i also want to thank mr. smith for his assistance during the course of our investigation. he provided a very valuable briefing to members of the subcommittee during the course of our 16-month investigation and, again, thank you for that. our third witness is jonathan a union that represents more than 20,000 journalists and media workers across the united states and canada. before being elected president, he was a graphics and data journalist at the "los angeles times" where he led their unionization efforts in 2018. this marked the first time in the paper's 135-year history that the newsroom had been organized. also served as the online editor at the gazette and weekend host for quaf and an affiliate based in arkansas. received his bachelor's degre

in your notes for presentation you gave at columbia law school in 2019, i believe. court disparities in judicial outcomes can also occur when judges consider relevant factors. thatto me about what meant. >> thank you senator. the symposium i was invited to that article was about judicial biased and based on my experience. and i would have to see the context of the quote of what i was suggesting was the idea because the factors and the law concerning something like sentencing are open-ended. that congress says you have to sentence defendants two terms of imprisonment sufficient but not greater than necessary to promote the purpose of punishment. it lists the purposes of punishment. any judge that looks at that with the broad parameters with how they word sentence if they think about deterrence or retribution of how they word sentence. that that would reach a different result. to be inherent in the nature of judicial exercise of discretion. >> that is helpful. >> with your experience as a judge and as a lawyer. would you agree or disagree with someone who said that mo

i have been involved in public policy discussions as they -- as a professor at columbia law school severaland i was a senior economist and general counsel at the white house council of economic advisers from 2017 to 2019. and, we have studied the role of vaccination and innovative technologies in trying to allay any pandemic, and we are particularly influent -- interested in influenza, which became the basis of the partnerships that formed operation warp speed and the unprecedented development of vaccines within less than a year after a new disease comes forward. host: you have recently released a report called a way forward for vaccination passports. you conclude in this report that the private sector should take the lead in vaccination passports with a limited government role. elaborate about what you are talking about. guest: you have to understand what is the purpose of a vaccine passport. it is a way to distinguish between people who are at risk for being infected with a virus that causes covid, and people who are not at risk, people who are immune. the point is that you can become im

are a guest graduated from the wharton school of business at the university of pennsylvania, columbia law schoolwell. let me take the business side of your experience, when it comes to the biden administration plan to raise the global corporate tax, what does it achieve as far as the agenda of the administration -- what does it do to corporations? guest: first, corporations are not people. the supreme court decided you could never even look into that, a case from the 1800s where the owner of a railroad company said railroads are people -- they never ruled that. corporations are way to take over this country. we have science fiction movies were machines or robots take over, guess what? we are in the sciences -- science fiction movie. corporations are the robots. they took over the country. they started with the railroads, but mainly through book tv valeo and citizens united. the supreme court said yes, corporations can give unlimited money to politicians. there used to be a word for that, bribery. now we go, no, $1 million to a politician? i'll bet it's just a friendly conversation. no. it's a br

judge jackson, in your notes for a presentation that you gave at columbia law school in 2019, i believe. you said that, quote, disparities in judicial outcomes can when considered relevant factors talk to me a little bit about how what that meant. >> thank you, senator. that presentation was a impose yum i've been invited to comment on an article that was being presented and the article itself was about judicial bias. and i was critiquing it and making arguments in response to it based on my experience, and i believe that the, i would have to see exactly the context of the quote that you read. but what i was suggesting was the idea that because the factors in the law concerning something like sentencing are open ended that congress says, youth have to sentence defendans to terms of imprisonment that are sufficient but noto greater than necessaryon to promote the purposes of punishment that list purpose of punishment and any judge who looks at that has basically those broad parameters within which to think about how they're going to sentence. but the judge then will have to decide whethe

lee: judge jackson, in your notes for a presentation you gave at columbia law school in 2019, i believe, he said that disparities in additional outcomes can occur when judges consider relevant factors. talk to me about what that meant. judge jackson: thank you, senator. that presentation was a symposium i had been invited to to comment on an article being presented. the article itself was about judicial bias. i was critiquing it and making arguments in response to it, paste on my experience. i believe that -- i would have to see exactly the context of the quote that you read, but what i was suggesting was the idea that because the factors in the law concerning something like sentencing are open-ended, that congress says you have to sentence defendants to terms of imprisonment that are sufficient, but not greater than necessary to promote the purposes of punishment and it lists the purposes of punishment , and any judge who looks at that has basically those broad parameters within which to think about how they are going to sentence. but the judge then have to decide whether they are thin

the missionary grandson he went to law school in columbia and like all these other missionary grandsons came back to hawaii just imbued with 19th century american racism. just plain old get down racism. well, they formed this hawaiian league which as they begin taking more revolutionarily became the committee of safety trying to make a comparison to the american revolution in 1776. there was at that time warships and honolulu harbor now the japanese all had a big presence in hawaii. in fact kalakawa in his waning years realized hawaii is too too small and two week to ever make it go of it as an independent country. it must one day belong to the united states or belong to japan. and here we have the japanese crews are naniwa which was the largest most powerful cruiser in the world when it was launched and the uss boston next next to it. now. you see the american cruiser still has sailing mass in case the engines failed the japanese were past that boston had eight inch guns none. i had 10 inch guns if they had gotten into a fight. i don't think there's any question who would have won. wel

law school. and jelani cobb, professor of journalism at columbia university, also an msnbc contributor.ni okay, professor, i want to start with you. because i think the announcement this week of the doj taking up an investigation into the pattern and practices of the entire minneapolis police department is a significant development. what does an investigation liken this look like and what are the possible outcomes once the doj looks into the history of this police department?ut >> this is a significant -- i'm sorry, we have two professors. >> oh, i'm sorry.y, that's professor palos. i was not specific enough. there are two professors on this panel. >> my apologies. no, my apologies as well, to my colleagues. this is a significant step, zerlina, and so, what this says is that the department of justice does not find credible that derek chauvin was merely one bad apple on the minneapolis police force but believes there are systemic problems. and so these kinds of lawsuits brought under this particular civil rights statute, 14141, look into what you mentioned earlier, patterns or practices. it's very signifi

of columbia have enacted the extreme risk protection order laws that allow those on the front lines, law enforcement, and depending on the jurisdiction, family members, health professionals, and school administrators to ask a court to prevent the person at risk of violence to themselves or others from purchasing or possessing firearms. to find out more about those states and how they play out those laws, you can go to the johns hopkins university site. we will ask you about these actions issued by the white house yesterday, by the president. if you support them, (202) 748-8000. if you oppose them, (202) 748-8001. and you can text us at (202) 748-8003. with more from yesterday, here is president biden. [video clip] pres. biden: we have got a long way to go, seems like we always have a long way to go. but today we are taking steps to confront not just the gun crisis but what is actually a public health crisis. nothing i am about to recommend in any way impinges on the second amendment. phony arguments suggesting that these are second amendment rights at stake with what we are talking about. but no amendment to the constitution is absolute. cannot yell fire in a crowded movie theater a

law school in 2003. welcome professor moorely. solicitor-general lauren ali khan is the solicitor-general of the district of columbia. she oversees administrative, civil and criminal appeals in the d.c. court of appeals, the u.s. court of appeals in the d.c. circuit and the supreme court. prior to this the solicitor-general ali khan focused on supreme court and appellate litigation at the firm. she also served as a fellow in the office of the solicitor-general at the u.s. department of justice and was a temple bar scholar in london, england, where she worked with the deputy president of the supreme court of the united kingdom. the solicitor-general clerked for the u.s. court of appeals for the third circuit and for the u.s. district court for the eastern district of pennsylvania. she earned her bachelor's degree from bard college, siman's rock and jd from georgetown university law school. welcome solicitor-general ali khan. before proceeding with testimony i remind the witnesses all of your written and oral statements made to the subcommittee are subject to 18usc subjection 8001. please note your written statements w

of columbia have enacted the extreme risk protection order laws that allow those on the front lines, law enforcement, and depending on the jurisdiction, family members, health professionals, and school administrators to ask a court to prevent the person at risk of violence to themselves or others from purchasing or possessing firearms. to find out more about those states and how they play out those laws, you can go to the johns hopkins university site. we will ask you about these actions issued by the white house yesterday, by the president. if you support them, (202) 748-8000. if you oppose them, (202) 748-8001. and you can text us at (202) 748-8003. with more from yesterday, here is president biden. [video clip] pres. biden: we have got a long way to go, seems like we always have a long way to go. but today we are taking steps to confront not just the gun crisis but what is actually a public health crisis. nothing i am about to recommend in any way impinges on the second amendment. phony arguments suggesting that these are second amendment rights at stake with what we are talking about. but no amendment to the constitution is absolute. cannot yell fire in a crowded movie theater a