Posts by: Dick Taffe

More power to Treasury secretary?

Senate Banking Committee Chairman Chris Dodd will propose a council of regulators — headed by the Treasury secretary — be created to monitor systemic risk across the financial spectrum.  Former Federal Reserve Bank examiner Mark Williams, who teaches finance in the School of Management is is author of “Uncontrolled Risk” about the fall of Lehman […]

Pushing for nuke test ban

The Obama administration is pushing Congress to ratify the 1996 U.N. nuclear test-ban treaty and increase appropriations to monitor America’s aging stockpile without testing.  Philip O’Neill, author of “Verification in an Age of Insecurity” who teaches national security law at the BU School of Law, says extra monitoring is good but addresses only part of the […]

BofA balks at SEC settlement

Bank of America is balking at suggestions from a federal judge that an outside compensation consultant be appointed as part of BofA’s settlement with the SEC.  The judge has twice rejected as too small settlement proposals in the case involving BofA not disclosing both losses and bonuses when it merged with Merrill Lynch.  Law Professor […]

Two senior Taliban leaders arrested

As U.S. and Pakistani intelligence agents press their offensive, two senior Taliban leaders have been arrested in Pakistan.  International relations Prof. Charles Dunbar, who once headed the U.S. embassy in Kabul during his four-decade diplomatic career, says the arrests indicate that the Pakistan government may be inclined to help the U.S. more on the war in Afghanistan […]

Federal debt commission forming

President Obama will name GOP ex-Sen. Alan Simpson and former Clinton White House Chief of Staff Erskine Bowles to co-chair a bi-partisan commisson – being created by executive order – to tackle the federal debt.  Political Science Professor Graham Wilson, author of “Business and Politics,” says Republican congressional leaders will be challenged to cooperate. “Everyone […]

Taliban leader’s capture confirmed

Pakistan has confirmed the capture of the Taliban’s top military commander, the result of a joint effort by Pakistani and U.S. intelligence agencies.  International Relations Professor Joseph Wippl, a 30-year CIA operations officer, said it highlights the need for such joint enterprises. “The capture of Mullah Abdu Ghani Baradar demonstrates once again that the success […]

Ukranian election results suspended

Although President Obama and others already have congratulated the winner, Ukraine’s high court has suspended the results of that country’s presidential election pending a review of the runner-up’s appeal.  Tammy Lynch, a senior fellow at BU’s Institute for the Study of Conflict, Ideology & Policy and an authority on Ukranian politics, says it’s a power play […]

Poll: 75% back gays in military

A Washington Post-ABC News polls shows three-quarters of Americans say they approve of gays serving openly in the military.  Political science Professor Graham Wilson, author of “Only in America? American Politics in Comparative Perspective,” says it reflects the fact that American society was becoming more tolerant while our politics were becoming less so. “While candidates were […]

Global bank tax coming?

British Prime Minister Gordon Brown predicts a global bank tax may by enacted as soon as this summer at the G-20 meeting of economic powers.  Law Professor Daniel Berman, director of the Graduate Tax Program and a former U.S. Treasury deputy international tax counsel, says establishing such a tax could be harder than it sounds. “When I […]

US objects to UK court disclosure

The White House and U.S. intelligence community are grousing about a British court’s decision that forced the UK to disclose classified U.S. intelligence about an ex-Gitmo detainee released to the Brits.  Thirty-year CIA veteran Joseph Wippl, director of the Center for International Relations, says we have no right to comment about another democratic nation’s legal […]