Wednesday, July 20, 2011

Elizabeth Warren

Elizabeth (Herring) Warren (born June 22, 1949 in Oklahoma City) is an American attorney and law professor. We know her mainly as a fierce consumer advocate. She has been in the press recently in her capacity as Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau, an agency she designed to protect borrowers from the predatory lending practices that helps to tank the housing market beginning in 2006 and led to the collapse of the credit default swap market. President Obama chose her to chair the Congressional Oversight Panel created to oversee the U.S. banking bailout (formally known as the Troubled Assets Relief Program). Progressives had hoped that she would also be chosen to head the Consumer Financial Protection Bureau, but President Obama nominated Richard Cordray instead, apparently because republicans in the Senate, who are notably hostile to any sort of regulation of Banks or Brokers, are extra hostile to Professor Warren.

She got her law degree in 1976 and started doing real estate closings for walk in clients. She taught at University of Pennsylvania School of Law, University of Texas School of Law, University of Houston Law Center, University of Michigan ,and Rutgers Law School.

She started at Harvard Law School in 1992 as the Robert Braucher Visiting Professor of Commercial Law. She is now the Leo Gottlieb Professor of Law at Harvard Law School, where she has taught contract law, bankruptcy, and commercial law. In 2009, she became the only woman to twice win Harvard's Sacks-Freund teaching award. She also won awards while teaching at the University of Pennsylvania, University of Michigan, and University of Houston.

She has been named one of Time Magazine's 100 Most Influential People (2009), Bostonian of the Year (2009), and one of the 50 Most Influential Female Lawyers (repeatedly). She is now being touted as a potential candidate for the United States Senate, possibly running for Scott Brown's seat.

Here's a little bit of Elizabeth Warren in her own words: http://tpmcafe.talkingpoin​​ren/