I

Rev. !/2010

Ao l0

I [

FINANCIAL DISCLOSURE REPORT

FOR CALENDAR YEAR 2009
2. Court or Organization U S COURT OF APPEALS 7th CIRC fin. Report Type (check appropriate bpc) [--] Nomination, Dale [~] A .... l ~ Final

Reporf Required by

the Ethics

in Government Act of 1978

0 u.s.c, app. ,~ff 101-111)

3. Date of Report 06/03/2010 6. Reporting Period 01/01/2009 to 12/31/2009

l, Person Reporting (lasl name, first, middle initia!) POSNER, RICHARD A, 4. Title (A~icle II! judges indicate active or senior status: magistrate judge5 indicale full- or pan-time) ACTIVE U 5; CIRCUIT .FODGE

[---1 Initial

5b. [] Amended Report 7. Chambers or Office Address 219 S DEARBORN C!IICAGO IL 60604 8. On the basis of ~:he information contained in this Report and alny modtificalions pertainit~g thereto, i| is, in my opinion, In compliance with applicable laws and regulations. Reviewing Officer Date

13POR TANT NOTES: The instructions accompanying this form must be followed. Complete all parts,
checking the NONE box for each part where you ha~e no reportable infbrmation. Sign on lastpage.

~J

NONE (No reportable positions.) POSITION NAME OF ORGANIZATION/ENTITY

UNIVERSITY OF CHICAGO LAW SCHOOL

I. SEN/OR LECTURER

2. TRUSTEE 3. CHAIRMAN OF HOUSE COMMITTEE UNIVERSITY OF CHICAGO QUADRANGLE CLUB (FACULTY CLUB)

~
1.

NONE (No reportable agreements.) DATE PARTIES AND TERMS

Posner, Richard A.

FINANCIAL DISCI,OSU RE REPORT

Page 2 of 1 1

~me of P .....Repot,lag

hate of Reporl

~OSNE~t, R~CnARa A. [

06~03~20~ 0

1 II. N ON-IN V.ESTMEN T IN C OM E. ~o.i~ individual and sp .....

A. Filers Non-Investment Income NONE (No rcT~or~able non-investment income.) DATE
1. 2009

; see pp. 17-24 affiling in.wructivns.)

SOLACE AND TYPE

UNIVERSITY OF CHICAGO LAW SCH(~I.; PART TIME TEACHING HARVARD UNIVERSITY P~SS; ROYALTIES ~]VERStTY OF CHICAGO P~SS; ROYALTIES OXFORD L~IVERS1TY PRESS (ENGLAND); ROYALTIES EDWARD ELGAR PUBLISH~G; ROYALTIES STANFORD UNIVERSITY; ROYALTIES BETIt VESEL AGENCY; ROYALTIES TIlE AUTtlORS REGISTRY; ROYALTIES OXFO~ UNIVERSITY P~SS ~ORTH CAROLINA); ROYALTIES WAI.TERS ~. U WE~ASPEN ROYALTIES T1 tO~,~SON~EST; ROYALTIES

~CQME
(yours, not spouses) $25,590.00

2. 2009 3. 2009 4. 2009 5.2~39 6, 2009 7. 2009 8. 2009 9. 2009 10. 2009 I I. 2009

$40,189.54 $906.34 $12.74 $2,421.90 $28.89 $695.1N $156.32 $2.42!.01 15564.43 $390.96

B. Spouses ~OIl-18Ve$il~elll ]~Ol~e - If you were marrie~ during ony portion of t&e reportlng ),ear, complete this sectlo~ (Dollar amou~t not req~bed except for honoraria )
NONE (No reT~ortabte non-investment income.) DATE
1.

SOURCE AND TYPE

3.
4.

IV. REIMBURSEMENTS ....... por,.,io., loegi.g,.~oou, ..,er,oi ......

(.tncludea tht~se to spouse tmd depet~dent children; see pp. 25-27 offiling itz~truct o s)

[77-~

NONE (No reportable reimbursements.)

FINANCIAL DISCLOSURE REPORT Page 3 of 11

DATES SEE ATTACHED SCHEDULE

Name of Person ReportiNg

Date of Report

eOSN~R, RICHARD A. I
LOCATION SEE ATTACHED SCHEDULE

06103/2010
PURPOSE ITEMS PAID OR PROVIDED SEE ATTACHED SCHEDULE

~ I. SEE ATTACHED SCHEDULE

SEE ATTACHED SCHEDULE

2. 3. 4. 5.

FINANCLAL DISCLOSURE REPORT (2009) IV. REIMBURSEMENTS SOURCE

Richard A. Posner

DESCRIP.IION

Seventh Circuit Court of Appeals

3/02 to 3/03 Washington, DC; Sitting by Designation/Federal Circuit; tr,~lsportation, hotel & food

2. The Inns of Court

3/04 to 3/05 Washington, DC; Speech; transportation, hotel & food

3. Harvard University

3/06 to 3/07 Cambridge, MA; Speech; transportation, hotel & food 3/24 to 3/25 New York, NY; Moot court finals; transportation, hotel & food 4/22 New York, NY; Interview; transportation, hotel & food

4. Columbia Law School

5. Harvard University Press

4/23 to4/24 Washington, DC; Meeting; transportation, hotel & food

6. Cardozo School of Law 4/25 to 4/26 New York, NY; Conference; transportation, hotel & food

7. The Federalist Society

4/27 Washington, DC; Speech; transportation, hotel & food 4/28 New Haven, CT; Debate; transportation, hotel & food

8. Yale Federalist Society

9. United States District Court

5/17

Indianapolis, IN; Conference; transportation, hotel & food

10. LECG, LLC

6/18 to 6/20 Washington, DC; Conference; transportation, hotel & food 7/08 to 7/11 New York, NY; Conference; ~ransportation 7/21 to 7/24 San Diego, CA; Debate; transportation, hotel & food 10/5 to 10/7 New York, NY; Speech; transportation & hotel 10/13 to 10/15 New York, NY; Conference; transportation & hotel 10/15 to 10/17 Cambridge, MA; Conference; transportation 11/03 to 11/05 New York, NY; Conference; trarasportation, hotel & food 11/15 to 11/19 Cambridge, MA; Moot court; transportation 11/19 to 11/20 New Haven, CT; Workshop; transportation

11. The Federalist Society

12. Institutional Investor

13. University of Chicago

14. Institutio!al Investor

15. Harvard Kennedy School

16. Columbia University

17. Harvard Law School

18. Yale Law School

Page 4 of 1 1

POSNER, RICtlARD A.

06/03/2010

V. GIFTS. (lmludes t~os, t,, .~p,,use a,,a ~q,e, ae,t children; s,e pp. 28.31 o]~iling in.qtructi,~nsO
NONE ~o reportable g~s.) ~ 1. 2. 3. 4. 5. DESCRIPTION VALUE

VI. LIABILITIES. a,,.t,,a,,- ,h,,.,.~ oysp,,,,e o~a aepe~d,~, ,hita,e,; s,., pp. 32-3S of filing instruction.~.)
NONE (No reportable liabilities.) CREDITOR 1. DESCRIPTION VALUE CODE

3. 4. 5.

FINANCIAL DISCLOSURE REPORT

1 Name of ~* ....

Page 5 of 1 1 [I POSNER, RICHARD A.

VII. INVESTMENTS and TRUSTS - ~ ......... a
Description of Asse~s (including trt~sl asse~) Place"(X)" after each assel cxemp from prior disc osure ?

06]03/2010 [
t.,, tr ....
lions ancludes those 4-P ....... d dependent children; s,, pp. 34-60 of filing i ....... tion.g)

~ NONE 6N~ reportable income, assets, or transactions.)

~. - ........... -d. ...............................

Income during rcpomng peri~ Gross value at end ~f rcpoding ~ Value I Code 2 {J-P) Value Me hod Code3 :: Type{e.g, buy, sell, redemption)

o ................

"l~nsaetim~s during reponing pe~od

~Amoum[ "lypc [c g. Code I d v rent (A-H) I orinl)

Date ~ VaR~e ~ Gain [ mmAld/vy Cude 2 : Code I ~ ~ (J-P) A- )

[dealiw of buyer!seller (fpnvate

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. i I. 12. 13. 14. 15. 16. 17.

BRO~GE ACCOUNT8 AND ~TUAL F~DS: DW8 ~RAGED MUNI BOND F~D CLASS S VANGUA~ 500 INDEX ADM FUND MONEY MARKET ACCOUNT BLACKItOCK NATL MUN] FUND BLACKROCK NATL MUNI 1NSTL FUND NIIVEEN MUN! MARKET OPPORTUNITY laTJN D BLACKP,.OCK MUNI 2018 FUND BLACKROCK GLOBAl, ALLOCATION FUND A BLACK.ROCK GLOBAL ALLOCATION FUND B NUVEEN INSURED QUALII-Y MUNI FUND NUVEEN SELECT QUALITY MUNI FIJND D D A A A B A A A B B Dividend Dividend Dividend Dividend Dividend Dividend Dividend Dividend Dividend Dividend Dividend M N J K K K J J J K K T T T T T T T T T T T i Buy t2130109 J

SEP RETIREMENT ACCOUNT: BLACKROCK BASIL. VALUE FLFND BLACK_ROCK GLOBAL ALLOCATION FUND "][AA MONEY MARKET ACCOUNF E A A Dividend Dividend Dividend O K J T T I" Buy 04/01/09 ]

i [

Name of Person Reporlln~ FINANCIAL DISCLOSURE REPORT [ ~os~, ~iCnA~m A. Page 6 of ] l

Dat~ of Report

06/0~/20~ 0 I

VII. INVESTMENTS and TRUSTS --i ..... ,, value, era~actions a,,ct~aes t~ose of sp ...... d deOemlent c~ita~em s~e pp. ~-60 ,,pti~g i, st, u~ao~.l
NONE (No reportable income, assets, or transactions.) Descr[plion of Assms (including t~st assets) Place "(X)" after ~ch ~sel : Income during reporting ~riod Gross value at end of reposing period Va}ue (J-P) Va~ue C~e3 [ ] Transecfiems during reponm~ period Gain (A-H) ,, [ Identiw of (if private [

Amoun~ . T)~e (e.g., (A-H) ] or inl.)

[ T~e (e.g.,[ ba~e ~ Value : redcmplion) (J-P)

19. 20. 21. 22. 23. 24.

25.

TRUST ACCOL~T: TIAA MONEY MARK~ ACCf-LAST YR WAS CMA T~ EX. FD- IJNE t9 BLAC~OCK NATL MUNI FUND INSTI~TION AL BLACKROCK MUNI INS FUND BLACKROCK GOLBAL DYNAaMIC EQUITY FUND I~I.,ACKROCK GOVT INCOME FUND A
DWS GNMA FUND CLASS S

A B C A 13
D

Dividend Dividend Dividend Dividend Dividend

Dividend

J K L K K
M

T T T T T
T

26. 27. 28. 29.

DWS SHORT DURATION PLUS FUND CLASS S DWS CLIMATE CttANGE FUND CLASS S DWS MANAGED IVflJNI BOND E-UND CLASS S

Dividend None

M J M

T T T

Dividend

30.
31. 32. 33. 34.

RETIREMENT ACCO1JNT:
BLACKROCK BASIC VALUE FUND A BLACKROCK GLOBAL ALI.OCATION FUND A MLBANK USA RASP ACCOI.fNT None None None Merged (with line 15) Merged (with line 16) Merged (with line 17)

1 Income Gain Codes:

A =~1.000 or less

B =$1,1101 - $2,500

C =$2,5 )1 o $5 009

D =$5,001 - $15,000

FINANCIAL DISCLOSURE REPORT Page 7 of 1 1

~ ..... f ~ ...... Repom,,~ POSN~:R, RICHARD A.

Oa,e of a~po. 0(,/0]/2010

VII. INVESTMENTS and TRUSTS-~ ......... ~.e. , ......... io., (~.,.~.a~, ,~o~-~ o,~, ...... ~ d~,~.a .... ~~.; ~,,~ ,v. 34-60 of f!llng instruction$.)
~ NONE (No reportable income, assets, or transactions.)

........... ~ ..........................
Description of Ass~ ( ~ cludb g t~sl assets~ Place "(X)" after each assel exempt from prior disclosure

~. ] ........................... ~ ~
Income during reposing peri~ Amount C~e I (Ad]) T~e (e.g., div., rein. ot ~nt.) ~ Gross value at end [ :: of reporting ~efiod Value Code 2 (J-P) Value Method Code 3 T~e (e.g., buy, serf, redemption)

~. .........
Transactions during reposing Gain Date ] Value ~m~d~yy ]code 2 Code I [ ~ (J-P) , [A-It) Idcnli~ of buyer!sel~er (ifprivale

35, 36. 37. 38. 39. 40. 41. 42.

I R A ACCO~T#i BLACKROCK GLOBAL ALLOCATION FUND BLACKROCK MIDCAP VALUE OPPORF1JNITY FUND B BLACKROCK MIDCAP VALUE OPPORTUNITY FUND A TIAA MONEY MAR.KET ACCT (PREV ML BANK LISA RASP ACCT) A A A Dividend None Dividend Dividend K J J J T T T T

11L A ACCOUNT #2: TIAA MONEY MARKET ACCT (FORMERLY ML BANK USA RASP ACCOUNT) CERTIFICATE OF DEPOSIT WILMINGTON TRUST CO BLACIQROCK PACIFIC FUND BLACK.ROCK BASIC VALUE FUND BLACICROCK GLOBAL ALLOC FUND BLACKROCK VALUE OPPORTIJN.ITIES FUND BLACKROCK GLOBAL DYNAMIC EQUITY FUND BLACKROCK LATIN AMERICA FUND AMERICAN FUNDS 1NTERMIDIATE BOND FUND A BLACK_ROCK TOTAL RETURN FUND A Dividend J T

43, 44. 45. 46. 47. 48, 49. 50. 51.

B A A A A A A C C

Interest Dividend Dividend Dividend Dividend Dividend Dividend r)ividend Dividend K K L K L K L L T T T T T T T T

Matured

04/17/09

PageFINANCIAL8 of 1 1 DISCLOSURE REPORT [ POSNER, RICHARD A. VI I. INVESTMENTS an d TRUSTS - ,~ ..... ~.

Description of Assets (including trust assets) Place "(X}" afI~r each asset exempt from prior disclosure

Name of Person Reporting

Date of Repnrt

06/0M20t0

~, value, t ......tions (Includes thoxe #f sp ........ d depend .....hildren; seepp. 34-60 Drilling instructions.) ~i ............. c. ............................................... b~-~ ......................

I---] NONE (No reportable income, assets, or transactions.)

Income duriog reporting period Gross value at end of reporting period Value Code 2 (J-P) [ Value [ Method ] Code3 I Type {e.g., buy, sell, redemption) Traosactions during reporling period

~i)
! Amounl : Code I (A-H)

i~ ....i~i-~i~i- .............. ~T
Type (e.g.. div. renl. orint.)

~) ........ (3) (~) ..............~ .....

Date Value mrn.:dcUy). Code 2 (J-P) Gain Code I (A-H) Identity of buyer;sellcr ([fpri~,ate

52.

U S TREASURY STRIP ZERO COUPON BOND CERTIFICATE OF DEPOSIT TEMECULA VALLEY BANK A

None

T Buy Matured : 0l/~ 5,t09 07120/09

53. 54 55. 56.

Interest

K K

RETIREMENT ACCOUN]S: VA.N(JUARD 500 INDEX FU-ND IN VESTOR CL ASS TIAA CREF RETIREMENT ANNUITIES "IIAA REAl. ESTATE FUND TIAA CILEF ,STOCK MUTUAL FUND (SRA RETIREMENT)

B F

Divideod

N P1 M

T T T

57. 58. 59.

Dividend None None

N J

T T Buy 11!02/09 J

60, cILEI- MONEY MARKET

None

61. 62. 63. BANK FINANCIAL (BANK ACCOUNT) A Interest J T

65.

67, 68.

FINANCIAL DISCLOSURE REPORT Page 9 of 1 1

i s .... f ~ ...... R~por,J.g ~OSNEa, RICHARD A.

Da,e of a~o~t 06t0312010

VII. INVESTMENTS and TR USTS - i ......... J ............ ,~o~ a~e~,,a~, ,J,o~ oyez, ...... a ~v,.~., ~za~,,,; ~ ~. ~4-~o oz~i,~ ~.~,+.~.)
NONE (No reportable income, assets, or transactions.)

A.
D~cription of Assets (incJudmg trust assets) ~

~. -- ........ ~ .... ~ ....................~ ................... D.

Income during re~Jng ~ri~ Gross value at end of re~aing period Transaclions during repo~ing pe6od ~

.... pl from prior disclosure

[ Code I (A-H} L

di ......t. or int.)

Code 2 (J-P)

Melhod Code 3 {Q-W)

~ buy. sell. : rcdemplion~

m~dgyy- ] Code 2 : Code ] ~ } (J-P) {A-H) ] ~ ~

i_

buyerlseller {ifpfivalc , ....... ion)

FINANCIAL DISCLOSURE REPORT Page ] 0 of t I

[ N ......fP ....

Repor,i,~g

Dat~ ol" Report

06/03i201 0 11 POSNER, RICHARD A.

VIII. ADDITIONAL INFORMATION OR EXPLANATIONS. a,,ai,.~,,~,~,t o/~epo,t.)

FINANCIAL DISCLOSURE REPORT Page 1 1 of I 1 IX. CERTIFICATION.

~.,~ of Pe,sou Reporting

[ Date of Report

POSNER, RICHARD A.

06/03/2010

I certify that al~ information given above (including information pertaining to my spouse and minor or dependent children, if any) is accurate, true, and complete to the best of my knowledge and belief, and that arty information not reported was withheld because it met applicable siatutory provisions permitting non~lisclosure. I furlher certify that earned income from outside employment and honoraria and the acceptance of gifts which have been reported are in compliance with the provisions of 5 U.S.C. app. 501 el. seq., 5 U,S.C. 7353, and Judicial Conference regulations.

NOTE: ANY INDIVIDUAL \VHO KNO\VINGLY AND \VILFULLY FAI,SIFIES OR FAII.S TO FILE THIS REPORT MAY BE SUBJECT TO CIVIL AND CRIMINAL SANCTIONS (5 U.S.C. app. 104)

FILI-NG INSTRUCTIONS Mai! signed original and 3 additional copies Io: Committee on Financial Disclosure Administrative Office of the United States Courts Suite 2-301

Orle Columbus Circle, N.E. Washington, D.C. 20544