Monthly Archives: May 2010

Crisis panel probes bank “window dressing”

May 5, 2010 at 1:43 pm

The Financial Crisis Inquiry Commission, which is looking into the causes for the 2008 economic crash, today questioned former executives from the investment bank Bear Stearns (sold to J.P. Morgan in a firesale after a run on the bank) and explored the open-secret of how Wall Street banks legally fudged their quarterly books to dress up […]

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Times Square bomb suspect

May 5, 2010 at 12:42 pm

Investigators are trying to determine any connections between a Pakistani-American charges in the failed Times Square car bombing and any international terrorist groups, possibly the Pakistani Taliban.  International relations Professor Adil Najam, director of the Pardee Center for the Student of the Longer-Range Future and editor of “Pakistanis in America: Portrait of a Giving Community,” […]

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Fiduciary and investment banks

May 5, 2010 at 11:32 am

On the heels of allegations that Goldman Sachs took advantage of clients during the mortgage-market collapse, Congress reportedly is considering new legal standards for investment banks when they deal with customers.  Law Professor Tamar Frankel, an authority on securities law and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says slapping fiduciary […]

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Apple draws antitrust suspicions

May 4, 2010 at 2:39 pm

Federal antitrust enforcers are considering a probe into Apple Inc. after changes in the company’s licensing agreement with iPhone application developers that forbids the use of software tools other than Apple’s to build programs or the transmission of analytical data to third parties like advertisers.  It’s yet to be decided if the inquiry would be conducted […]

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Google buys 3-D software maker Bump

May 3, 2010 at 2:54 pm

Continuing its furious buying spree, Google has acquired Bump Technologies, maker of software that makes computer desktops appear to be 3-D.  This latest acquisition by the world’s most popular search engine, says School of Management Professor N. Venkat Venkatraman, just intensifies the competitive battle between Google and Apple. “Looks like Google and Apple may be defining […]

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British election showdown

May 3, 2010 at 10:14 am

The month-long British elections are in the homestretch headed for Thursday’s vote after a furious weekend of campaigning by Prime Minister Gordon Brown (r.) of the Labour party, Conservative party leader David Cameron (l.), and and Nick Clegg (center) of the upstart Liberal Democrats. Political science Professor Graham Wilson, a native of Great Britain who is in […]

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Boil-water order in effect

May 1, 2010 at 8:49 pm

A major water main break is currently dumping millions of gallons of water into the Charles River.  A “boil-water” order is currently in effect for the City of Boston (including BU’s Charles River and Medical Campuses) and dozens of surrounding communities. During this H2O emergency, regular updates will be available on BU Today, or visit www.mwra.com […]

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