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Author: William A. Jacobson

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William A. Jacobson

William A. Jacobson is a Clinical Professor of Law and Director of the Securities Law Clinic at Cornell Law School.

He is a 1981 graduate of Hamilton College and a 1984 graduate of Harvard Law School. At Harvard he was Senior Editor of the Harvard International Law Journal and Director of Litigation for the Harvard Prison Legal Assistance Project.

Prior to joining the Cornell law faculty in 2007, Professor Jacobson had a highly successful civil litigation and arbitration practice in Providence, Rhode Island, concentrating in investment, employment, and business disputes in the securities industry, including many high profile cases reported in leading newspapers and magazines.

Professor Jacobson has argued cases in numerous federal and state courts, including the Courts of Appeal for the First, Fifth and Sixth Circuits, and the Rhode Island Supreme Court.

Professor Jacobson has a national reputation as a leading practitioner in securities arbitration. He was Treasurer, and is a former member of the Executive Committee and Board of Directors of the Public Investors Arbitration Bar Association, a professional organization of attorneys dedicated to protecting public investors. He frequently is quoted in national media on issues related to investment fraud and investor protection, and in the past has served as one of a small number of private practice attorneys who trained new arbitrators for the Financial Industry Regulatory Authority.

Professor Jacobson is co-author of the Securities Arbitration Desk Reference (Thomson-Reuters), updated annually.

Professor Jacobson is frequently quoted in the media on political and legal topics, has authored many Op-Eds in major publications, and appears on television and radio to discuss politics and the law.

A more complete listing of Professor Jacobson's professional background is available at the Cornell Law School website. The views expressed here are his own and not those of any employer or organization,

The best way to reach Prof. Jacobson is by e-mail here.

Posted by William A. Jacobson on January 01, 2014 40 Comments
Melissa Harris-Perry is apologizing profusely for the panel discussion over which she presided, dedicated to mocking the image above. https://twitter.com/MHarrisPerry/status/418008066651455488 https://twitter.com/MHarrisPerry/status/418010148301320192 https://twitter.com/MHarrisPerry/status/418010599662960640 I have no idea what is in Harris-Perry's heart, but she has a long history of making racial issues out of non-racial events:

Posted by William A. Jacobson on December 31, 2013 18 Comments

Barring BIG BREAKING NEWS, this will be our last post of 2013. Sit back and enjoy A.F. Branco's collection of Legal Insurrection 2013 cartoons. ...

Posted by William A. Jacobson on December 31, 2013 29 Comments
Fun times start at midnight in New York City, and I'm not talking just about the dropping of ball. Socialist at heart Mayor Bill DeBlasio's first act will be to ban the horse drawn carriages that are one of the symbols of the tourist experience at Central Park. https://twitter.com/JonahNRO/status/418140444824854528

Posted by William A. Jacobson on December 30, 2013 2 Comments

I'm not doing a blog selfie this year. No Top 10 lists for me. No reflections on what was and what might have been. No deep thoughts. Too busy doing what I think it is we do best: Creating community within our Nation, chaos in theirs Thanks for your support this...

Posted by William A. Jacobson on December 30, 2013 75 Comments

Well, just about everything. A young child holding her baby brother's hand.  A mother holding her children. The mother happens to be Mitt Romney's daughter-in-law. To the race-obsessed minds at MSNBC, the fact that Mitt Romney's son and daughter-in-law adopted a black child is something to mock. The focus...

Posted by William A. Jacobson on December 30, 2013 23 Comments

https://twitter.com/realmyiq2xu/status/417410251936104448 (Featured image source: YouTube)...

Posted by William A. Jacobson on December 30, 2013 34 Comments

When they say "Coexist," what they really mean is ...

Posted by William A. Jacobson on December 29, 2013 36 Comments
We have noted here many times the war on little boys in elementary school through the absurd application of "zero tolerance" rules, When do we finally stop the harassment of little boys by school administrators? We also have noted Dr. Helen Smith's book Men on Strike regarding how similar policies through college and beyond have had a negative impact. So this recent interview with Camille Paglia in The Wall Street Journal is familiar territory, A Feminist Defense of Masculine Virtues:
'What you're seeing is how a civilization commits suicide," says Camille Paglia. This self-described "notorious Amazon feminist" isn't telling anyone to Lean In or asking Why Women Still Can't Have It All. No, her indictment may be as surprising as it is wide-ranging: The military is out of fashion, Americans undervalue manual labor, schools neuter male students, opinion makers deny the biological differences between men and women, and sexiness is dead. And that's just 20 minutes of our three-hour conversation..... Ms. Paglia argues that the softening of modern American society begins as early as kindergarten. "Primary-school education is a crock, basically. It's oppressive to anyone with physical energy, especially guys," she says, pointing to the most obvious example: the way many schools have cut recess. "They're making a toxic environment for boys. Primary education does everything in its power to turn boys into neuters." She is not the first to make this argument, as Ms. Paglia readily notes. Fellow feminist Christina Hoff Sommers has written about the "war against boys" for more than a decade. The notion was once met with derision, but now data back it up: Almost one in five high-school-age boys has been diagnosed with ADHD, boys get worse grades than girls and are less likely to go to college....

Posted by William A. Jacobson on December 29, 2013 29 Comments
The NY Times published a lengthy account of the Benghazi attack that is being hyped as exonerating the Obama administration (and of course, presidential candidate Hillary Clinton), but in fact the report does nothing of the sort. The main thrust of the spin is that it was the video after all, a claim long since abandoned by almost everyone. There never was a doubt that the video inspired a generalize hostility, but that is a far cry from saying that the actual attackers who executed by contemporaneous internal administration accounts were motivated by the video. The reporting does not support that the video was what motivated the "several dozen" armed attackers, even if it created a general atmosphere of hostility. https://twitter.com/LegInsurrection/status/417120838060490754 https://twitter.com/LegInsurrection/status/417116566065389568 The NYT also plays a linguistic slight of hand, distinguishing between international al-Qaeda (NYT says no connection) and local al-Qaeda wannabees to try to prove that this was not an "al-Qaeda" attack. But local, independently operation al-Qaeda groups have been the motus operandi for years. That there was no phone call from Pakistan to the local group in Benghazi does not mean that this was not a planned Islamic extremist attack and instead some spontaneous reaction to a video:

Posted by William A. Jacobson on December 29, 2013 7 Comments
Several dozen universities have issued rejections of the academic boycott of Israel passed by the American Studies Association, many with forceful statements. Among the most forceful was Trinity College in Connecticut, whose President and Dean of Faculty issued a stinging rebuke in a letter to the ASA President (emphasis added):
To The Immediate Attention of the President of the American Studies Association: Our Dean of the Faculty, Thomas Mitzel, and I wish to go on record renouncing the boycott of Israel on the part of the ASA. Trinity once years back was an institutional member (we were then advertising for an open position), and apparently some members of our faculty are individual members. Were we still an institutional member, we would not be any longer after the misguided and unprincipled announcement of the boycott of the only democracy in the Middle East. The Dean and I oppose academic boycotts in general because they can so easily encroach upon academic freedom. In this strange case, why the ASA would propose an academic boycott of Israel and not, for example, of Syria, the Sudan, North Korea, China, Iran, Iraq, or Russia escapes rational thought. Trinity has participated in the Rescue Scholar program since its inception; we have welcomed scholars from some of the most repressive countries on the planet, and it is inconceivable to us that we would ever be welcoming a Rescue Scholar fleeing Israel for political reasons. As President of the ASA, you have tarnished a once distinguished association.

Posted by William A. Jacobson on December 29, 2013 13 Comments
So that the Palestinians would agree to talk.  That's the deal Israel had to agree to just to start the talks. Why agree to it? Because Bibi couldn't afford to piss off Obama any more than he already had, so he had to cave in on the precondition (which no one wants to call a precondition, just a good will gesture). From The Times of Israel, Israel publishes list of Palestinian inmates to be freed:
A panel of Israeli cabinet ministers on Saturday night approved a list of 26 Palestinian prisoners to be released on Monday in the third phase of a four-stage series of releases agreed on when peace talks with the Palestinians were resumed earlier in 2013. All of the prisoners on the list (Hebrew PDF), save three, were convicted of murdering Israeli civilians or soldiers, as well as Palestinians suspected of collaborating with Israel. In a press release Saturday night, the Prime Minister’s Office said all of the inmates had been convicted of offenses committed prior to the signing of the Oslo Accords in 1994....
Among the victims was a Hebrew University Professor:
•Muammar Ata Mahmoud Mahmoud and Salah Khalil Ahmad Ibrahim, convicted of murdering Menahem Stern, a history professor at Hebrew University. Stern, 64, a winner of the prestigious Israel Prize, was stabbed to death while walking to work at the university’s Givat Ram campus on June 22, 1989. A monument in his memory figures in a scene from the prize-winning Israeli film “Footnote.” Ibrahim was also convicted in the murder of Eli Amsalem. In addition, the two murdered a Palestinian suspected of collaborating with Israel, Hassin Zaid.
More on Professor Stern here. This image, according to Wikipedia, is of Professor Stern in 1988, the year before he was stabbed to death. [caption id="attachment_74564" align="alignnone" width="288"](Menahem Stern, 1988) (Menahem Stern, 1988)[/caption] There will be celebrations to welcome home these "heroes." As more information becomes available as to the victims, we will update this post. Update: Israel National News (via Carl in Jerusalem) has more details:

Posted by William A. Jacobson on December 28, 2013 23 Comments
We have dealt the "white privilege" so many times here, I probably should start a "white privilege" tag. Michael Eric Dyson is a frequent commentator on MSNBC. He's a Professor of Sociology at Georgetown. He is quick to make accusations impunigning others with accusations of explicit or implicit racism: And he has the privilege of accusing other of "white privilege" when he wants to win an argument:

Posted by William A. Jacobson on December 28, 2013 3 Comments

Some end of year lists: YAF Lists The Top 10 Politically Correct Offenses on Campus in 2013 Greg Lukianoff Lists the 10 Worst Colleges for Free Speech in 2013 13 Outrageously Dumb Campus Moments of 2013 In a college world of Kangaroo courts and a War on Men, this...

Posted by William A. Jacobson on December 27, 2013 5 Comments
I have been accumulating the list of universities rejecting the anti-Israel academic boycott passed by the American Studies Association and two smaller groups. Many of the statements issued are eloquent and forceful, but this one from Goucher College in Towson, Maryland stands out for its clarity in pointing out the pernicious absurdity of the boycott. Goucher is not an Institutional Member of the ASA. Some of the language is reminiscent of Daniel Patrick Moynihan's denunciation of the notorious "Zionism is Racism" U.N. Resolution. I have to think the similarity of language was intentional. Here is Moynihan's famous line:
The United States rises to declare before the General Assembly of the United Nations, and before the world, that it does not acknowledge, it will not abide by, it will never acquiesce in this infamous act.... There will be time enough to contemplate the harm this act will have done the United Nations.
You be the judge as to whether Goucher was channeling Moyhihan.  The Goucher statement was circulated in an all campus email that was forwarded to me (emphasis added):
December 27, 2013 Dear Members of the Goucher Community: We are writing to express our strong concern about, and outright disapproval of, the recent vote by the American Studies Association to boycott Israeli academic institutions, apparently as a result of some of its members’ disapproval of certain policies of the Israeli government. Goucher College, as we try to make clear by our words and actions daily, stands for open discussion, research, and inquiry about all issues, international or domestic, in every intellectual and political domain. The free exchange of ideas and opinions is essential to liberal arts education and to our very existence as an academic community. We would, of course, be outraged if any such boycott were launched against all American colleges and universities by any association of alleged scholars anywhere in the world, out of disagreement with a US military engagement or other element of American foreign or domestic policy.

Posted by William A. Jacobson on December 27, 2013 84 Comments
https://twitter.com/ABCWorldNews/status/416694087312359426 https://twitter.com/edhenryTV/status/416694486714966016 Via Hollywood Reporter, A&E Welcomes Phil Robertson Back to 'Duck Dynasty':
An A&E statement to The Hollywood Reporter read: As a global media content company, A+E Networks’ core values are centered around creativity, inclusion and mutual respect. We believe it is a privilege for our brands to be invited into people’s home and we operate with a strong sense of integrity and deep commitment to these principals. That is why we reacted so quickly and strongly to a recent interview with Phil Robertson. While Phil’s comments made in the interview reflect his personal views based on his own beliefs, and his own personal journey, he and his family have publicly stated they regret the “coarse language” he used and the mis-interpretation of his core beliefs based only on the article. He also made it clear he would “never incite or encourage hate.” We at A+E Networks expressed our disappointment with his statements in the article, and reiterate that they are not views we hold.

Posted by William A. Jacobson on December 27, 2013 3 Comments
It was "just" a Mayor's race, but it's a tale of how unions funnel money to decide elections, often behind the scenes. The Boston Globe has the scoop, American Federation of revealed as funder behind mysterious pro-Walsh PAC during mayoral campaign (h/t @dbernstein):
Organizers of One Boston, the mysterious political action committee that dumped $480,000 into the Boston mayoral campaign during its final days, confirmed to the Globe today that the American Federation of Teachers funded the group’s efforts to swing the race in favor of Mayor-elect Martin J. Walsh. In a complicated series of transactions, the AFT — a powerful national teachers union — gave the money to One New Jersey, a teachers union-backed political action committee. That group then donated those funds to One Boston, a local affiliate set up to spend money in the Boston mayoral race.
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