2005 Japan-U.S. Concept Papers

Active Credit Portfolio Management: An Essential Tool for Better Management of Large, Complex, Financial Institutions
Jeffrey R. Bohn, Head of Research, Moody’s KMV

The Poison Pill In Japan: The Missing Infrastructure
Ronald Gilson, Columbia Law School and Stanford Law School

Regulation of Large Complex Financial Institutions in Japan
Shinsaku Iwahara, The University of Tokyo

On Limiting the Retained Mortgage Portfolios of Fannie Mae and Freddie Mac
Dwight Jaffee, Haas School of Business

Corporate Law Modernization and Hostile Takeover Defense Measures: Increasing Importance of Capital Policy
Masatoshi Kikuchi, CFA and Hayato Nagayoshi, Strategist, Merrill Lynch

Compliance: Further Thoughts on a New Paradigm
Paul L. Lee, Partner, Debevoise & Plimpton LLP

In the Shadow of Delaware? The Rise of Hostile Takeovers in Japan
Curtis J. Milhaupt, Columbia Law School

M&A Rules as a Learning Process: In Case of Japan
Kenichi Osugi, Chuo Law School

Horiemon vs. Fuji TV: A Tale of Two Capitalisms
Atsushi Saito, President & CEO and Setsuya Sato, Senior Director, Industrial Revitalization Corporation of Japan

The Case for Privatizing Fannie Mae and Freddie Mac Grows Stronger
Peter J. Wallison, American Enterprise Institute for Public Policy Research