The witty and engaging Professor Robert J Bloomfield, JGSM, of Cornell University will be running a subject entitled Directed Studies in Business and Oversight in 'Second Life'. Professor Bloomfield is offering a 1- to 3-credit directed study to students interested in exploring and reporting on business and regulatory oversight in Second Life.

Second Life is a fertile ground for studying free market business in an unregulated environment - either because regulations do not exist, or the regulations that do exist for bodies claiming to be banks and stock-exchanges are not observed by proprietors - who may be dismissive or ignorant of the applicability of physical world regulations on their virtual businesses.

Or so they say. Metaversed's 57 Miles has the podcast up from the panel with Gartner. Attending were 57 Miles, Steve Prentice of Gartner, Robert Bloomfield of Cornell university's Johnson School, Fiona Gallagher, Sun Microsystems' lead in Second Life, and Joel Greenberg, VP marketing and innovation for Electric Sheep Company.

Skype was off for some hours around the time of the event so it was handled in voice. Miles has heroically edited it all together in a 50MB MP3. Go grab the audio file from Metaversed.