Prof. Lois Lupica Publishes article on the current Consumer Debt Crisis

Maine Law Foundation Professor Lois Lupica's article, The Consumer Debt Crisis and the Reinforcement of Class Position, has just been published at 40 Loyola U. Chicago L. Jnl. 557 (2009). To read the article click here. The article analyzes the incentives that led to the current consumer debt crisis and explores contemporary dynamics of class creation, reinforcement, and mobility. Prof. Lupica has written extensively and presciently about the closely related subjects of asset securitization and bankruptcy.