Posts by: Dick Taffe

AIG exec eyed for securities fraud

Joseph Cassano, the executive who ran the AIG Financial Products unit that nearly killed the insurance giant a year ago, reportedly will be eyed by a federal grand jury for alleged securities fraud.  Law Professor Tamar Frankel, an authority on securities law, says the buck must stop somewhere. “What President Truman understood and practiced surely […]

Lehman collapse anniversary

With the one-year anniversary approaching of the collapse of Lehman Brothers, Inc., debate is under way over whether the government could have prevented the demise of the investment bank.  Former Federal Reserve Bank examiner Mark T. Williams, who teaches finance in the School of Management and is writing a book on Lehman’s fall, can discuss […]

GM’s money-back offer

Post-bankruptcy General Motors is launching a new “May the Best Car Win” marketing campaign with a money-back offer aimed at luring back customers.  School of Management marketing Professor Shuba Srinivasan says the campaign should create buzz but likely will have a low rate of return. “This offer could serve to reassure prospective car buyers already […]

FDIC to wind down bank debt program

The FDIC is winding down the emergency program which guaranteed debt issued by big banks.   Now the question is how will they fare without such assistance.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and a former counsel to the Federal Reserve Board of Governors, says the those 19 “too-big-to-fail” […]

Obama’s healthcare joint session

President Obama makes his latest (final?) pitch for significant healthcare reform in a joint session of Congress tonight.  School of Management Professor Stephen Davidson, author of ” In Urgent Need of Reform: the U.S Health Care System,” can discuss what’s at stake. Contact Stephen Davidson, 617-353-7422, sdavidso@bu.edu

Pfizer pays record $2.3B fine

The world’s biggest drug maker, Pfizer, pleaded guilty to a criminal charge to settle allegations of improperly marketing 13 medicines “off label” — paying a record $2.3 billion fine.  School of Law Professor Kevin Outterson, director of the Health Law Program and an authority on drug marketing law, says “off-label” promotion is a signficant problem […]

Another SCOTUS opening?

Speculation is rumbling that liberal Supreme Court Justice John Paul Stevens, 89, may retire — because he has hired fewer law clerks than usual — giving President Obama another chance to nominate a new justice.  Law Professor Jack Beermann, an authority on the high court, can offer thoughts on what may be coming. Contact Jack Beermann, […]

Does gender still matter?

In this post-identity age when one’s sex, race, or ethnicity should not matter, why still speak about gender?  School of Law Professor Linda McClain, co-author of “Gender Equality: Dimensions of Women’s Equal Citizenship,” says gender still matters because “there is still a gap between ideals of sex equality and of equal citizenship in the reality […]

eBay sells Skype

Four years after outbidding Google to buy it for more than $3 billion, eBay has now sold the majority interest in the online calling service Skype to a group of private investors for $2.75 billion.  School of Management Professor N. Venkat Venkatraman, who chairs the Information Systems Department, can discuss winners and losers. Contact N. Venkat […]

DoJ to push civil rights enforcement

After eight years of diminishment, the Justice Department’s Civil Rights Division is being reshaped and emboldened by new Attorney General Eric Holder.  Law Professor Robert Volk, an authority on the law and sexual minorities, can discuss what this reemphasis on civil rights could mean. Contact Robert Volk, 617-353-3156, rvolk@bu.edu