Photo of Bill Moyers Bill Moyers Journal
Bill Moyers Journal
Bill Moyers Journal
Watch & Listen The Blog Archive Transcripts Buy DVDs
Emma Coleman Jordan
Watch Video
Read Transcript
December 12, 2008

Georgetown University's legal and finance scholar Emma Coleman Jordan joined Bill Moyers on THE JOURNAL in early October to deconstruct Congress's early efforts at a financial bailout. She assessed the situation starkly:
"We've got a gun at our heads, and we understand that that gun means that if you don't give the $700 billion, bad things will happen. But no one has been able to tell us that if we do give the $700 billion, good things will definitely follow. We haven't been given that assurance." (Watch the full interview.)

Emma Coleman Jordan returns to take stock of the weeks of bailout hearings as big business begs for more.

Emma Coleman Jordan

Georgetown University Professor Jordan is best known for establishing the field of economic justice in legal theory, and for her work in financial services and civil rights. Her most recent book is ECONOMIC JUSTICE: RACE, GENDER, IDENTITY AND ECONOMICS, the capstone to a series of articles, chapters, and books she has written on the subject. Her forthcoming projects concern economic justice, in addition to a book on lynching, LYNCHING: THE DARK METAPHOR OF AMERICAN LAW. At the Law Center she teaches courses in Economic Justice, Commercial Law, Torts, and Federal Regulation of Financial Institutions.

Before coming to Georgetown, she taught for twelve years at the University of California, Davis. She began her teaching career at Stanford Law School as a teaching fellow. She has been active in the financial services field, serving as chair of the Financial Institutions Committee of the California State Bar, drafter of the statute to regulate bank check holding practices, and co-counsel in class actions challenging bank stop-payment fee charges. Her article, "Ending the Floating Check Game" (1985), grew out of this involvement. She organized the Financial Institutions and Consumer Financial Services section of the Association of American Law Schools.

She was a White House Fellow in 1980-81, serving as special assistant to the Attorney General. She was counsel to Professor Anita Hill during the Clarence Thomas confirmation hearings.

Guest photos by Robin Holland

Related Media:
Flying MoneyTHE TIMES' Joe Nocera on Government Gold
JOURNAL guest-host Deborah Amos speaks with NEW YORK TIMES business columnist Joe Nocera about the bailout mania in Washington and who's next in line to get federal assistance. (November 21, 2008)

Flying MoneyThe Great Bailout Debate
Georgetown University's legal and finance scholar Emma Coleman Jordan looks behind the headlines, and the politics, of the Wall Street bailout debate on the Hill and on Main Street. (October 3, 2008)

Kevin PhillipsKevin Phillips on BAD MONEY
Bill Moyers sits down with former Nixon White House strategist and political and economic critic Kevin Phillips, whose latest book BAD MONEY: RECKLESS FINANCE, FAILED POLITICS, AND THE GLOBAL CRISIS OF AMERICAN CAPITALISM explores the role that the crumbling financial sector played in the now-fragile American economy. (September 19, 2008)

HeadlinesWinners and Losers
NEW YORK TIMES business and financial columnists Gretchen Morgenson and Floyd Norris discuss who wins and who loses in the financial turmoil. (September 19, 2008)

FBI Domestic Spy PosterFacing up to the Economy
Bill Moyers talks with economist Dean Baker and journalist Bob Herbert about the economic challenges facing the government and the populace. (August 8, 2008)

FBI Domestic Spy PosterMortgage Mess
THE JOURNAL travels to ground zero of the mortgage meltdown — Cleveland, Ohio. Correspondent Rick Karr takes viewers to Slavic Village, one of the hardest hit neighborhoods in the nation when it comes to the spate of foreclosures caused by the subprime mortgage crisis. (July 18, 2008)

John BogleJohn Bogle
Investment industry giant John Bogle says that as more and more money managers take control over corporations on Wall Street, Main Street is paying the price. (September 28, 2007)

References and Reading:
NEW YORK TIMES Topics: Credit Crisis - Bailout Plan

FRONTLINE: The Long Demise of Glass-Steagall

Published December 12, 2008

Also This Week:

Bill Moyers sits down with political commentator and blogger Glenn Greenwald who asks: Are we a nation ruled by men or by laws? A former constitutional and civil rights lawyer, Greenwald looks at the legacy of the Bush Administration, the prospects for President-elect Obama's cabinet choices, as well as the possibilities for government accountability.

Review a collection of JOURNAL reports on the Bush Administration and the Rule of Law.

Georgetown University's legal and finance scholar Emma Coleman Jordan takes Bill Moyers through recent news on the bailouts as big business begs for more.

Follow the course of the bailout hearings — bargains, media moments and more.

Bill Moyers on a new report about the FCC.

Our posts and your comments
For Educators    About the Series    Bill Moyers on PBS   

© Public Affairs Television 2008    Privacy Policy    DVD/VHS    Terms of Use    FAQ