Posts by: Dick Taffe

EU rejects U.S. data-sharing deal

In a blow to the effort to stem the flow of international financing for terrorism, the European Parliament rejected a controversial data-sharing deal with the United States, citing privacy concerns.  International relations Professor William Keylor, an authority on U.S.-European relations, says the snub demonstrates how fighting a global war on terrorism is tough without full […]

EU seeks Greece economic rescue

European Union governments are grappling how to manage the debt crisis in Greece that threatens to undermine the shared euro currency.  Economics Professor Laurence Kotlikoff, who a decade ago in Foreign Affairs magazine predicted the euro’s collapse, says Greece’s debt woes are a precursor to what may happen in the U.S. “Greece is where the United States […]

French loyalty tests

After months of debate, France has unveiled a patriotic  initiative that will have schools flying the French flag and students singing the national anthem — and require immigrants to sign a declaration of French values.  The move comes amid growing anti-Muslim sentiment in France.  International relations Professor William Keylor says it’s no different than Americans saying the Pledge of […]

BofA/S.E.C. settlement still unsettled

Federal Judge Jed Rakoff suggests he may reject a $150 million proposed deal reached between Bank of America and the Securities and Exchange Commission to settle charges the bank misled shareholders when it took over Merrill Lynch.  Law Professor Elizabeth Nowicki, once an S.E.C. attorney, says she’s sympathetic to the S.E.C, but applauds the judge’s […]

Healthcare reform update

With President Obama inviting Congressional Republicans to a Feb. 25 summit in hopes of reviving healthcare reform legislation, political jockeying is under way.  House GOP leaders say they may boycott unless the bills that passed both Democrat-controlled chambers are scrapped.  School of Management Professor Stephen Davidson, author of “Still Broken: Understanding the U.S. Healthcare System” says the […]

Obama losing independents

The latest Marist Poll shows 57 percent of independent voters don’t approve of President Obama’s job performance — up from 44 pecent in early December.  Political Science Professor Graham Wilson, author of “Only in America? American Politics in Comparative Perspective,” says it’s ironic a great campaigner like Oama is losing his communications touch. “His health care […]

The challenge to doubling U.S. exports

Commerce Secretary Gary Locke outlined a strategy to meet President Obama’s goal of doubling U.S. exports over the next five years.  It includes government advocacy for U.S. exporters globally, more export financing, and tough enforcement of existing trade agreements.  International Relations Professor Kevin Gallagher, an authority on globalization and development, says it’s going to take […]

BofA sued for securities fraud

Bank of America (and its then CEO and CFO) is being sued by New York’s attorney general for securities fraud for misleading shareholders and the government about BofA’s merger with Merrill Lynch.  Law Professor Tamar Frankel, an authorities on securities law and legal ethics and author of “Trust and Honesty: America’s Business Culture at a […]

Critics question CIA moonlighting

Concerned it may lead to security breaches, Senate Intelligence Committee Chairwoman Dianne Feinstein wants to learn more about a CIA policy that allows agency employees to moonlight for private companies.  But international relations Professor Arthur Hulnick, a 3-decade CIA veteran, says there’s no need to worry — any agency officers moonlighting are working on non-intelligence […]

Risk, not size, is bank industry’s woe

The problem isn’t that banks are too big; they’re just taking excessive risk.  Ex-Federal Reserve Bank examiner Mark T. Williams, who teaches finance in the School of  Management and is author of “Uncontrolled Risk” about the fall of Lehman Brothers, says in a Reuters commentary that any meaningful financial reform must address lending standards while tightening oversight and […]