The Federal Trade Commission (FTC) has announced the resignation of one of its commissioners. Joshua D. Wright’s last day with the agency will be Aug. 24. Wright has been an FTC commissioner since January 2013. His place on the commission was previously set to end in September 2019.
FTC’s Wright returns to university
Wright is a Republic appointed by President Obama. Before joining the FTC, he was a professor of law at George Mason University School of Law. After leaving the agency, he will return to his previous position at George Mason. Also before becoming a commissioner, Wright had been an inaugural Scholar in Residence at the FTC and in the Bureau of Economics and Bureau of Competition. His time as a commissioner with the FTC marked his fourth stint with the agency.
Ben Graham Lecture Notes
I recently stumbled across two precious resources about the Godfather of value investing, Ben Graham. The first resource is a collection of notes from Benjamin Graham’s lectures when he was a professor at Columbia University. The notes were taken during lectures given in 1946, six years after the 1940 version of "Security Analysis" was published. Read More
“It has been a privilege to work with Commissioner Wright during his tenure at the Federal Trade Commission,” FTC Chairperson Edith Ramirez said in a statement. “The agency has benefited greatly from his perspective as a lawyer and economist in connection with the matters that have come before us. We are going to miss him and wish him well on his return to academic life.”
Readers most likely are curious how this will impact the Herbalife case – to which we say stay tuned for more information and analysis.