Posts by: Dick Taffe

Chrysler sale in legal limbo

Chrysler’s sale to Fiat is in the hands of the Supreme Court which issued a stay while it considers hearing a creditor’s appeal of the deal.  School of Management Professor Israel Shaked, an M&A and bankruptcy expert, can discuss what could happen next. Contact Israel Shaked, 617-353-2665,  shaked@bu.edu

Boston Globe showdown

With the Boston Globe’s largest union rejecting the parent company New York Times’ latest cost-cutting contract, the union now could go to National Labor Relation s Board and federal court to block a Times-imposed 23-percent across-the-board pay cut.  College of Communication Dean Tom Fiedler, a Pulitizer-winning former executive editor of the Miami Herald, can discuss the road […]

SCOTUS upholds “don’t ask”

The Supreme Court has upheld the “don’t ask, don’t tell” Pentagon policy barring gays and lesbians from openly serving in the military, deciding not to hear an appeal of a lower court’s rejection of a challenge to the 1993 law.  School of Law Professor Robert Volk, an authority on gay-rights law, can discuss the legal […]

Clark Rockefeller case to the jury

After closing arguments, a Boston superior court jury is expected to deliberate today in the parental-kidnapping case of Christian Karl Gerhartsreiter, a.k.a. Clark Rockefeller, who has pleaded not guilty by reason of insanity.  School of Law Professor David Rossman, who runs the schools’ Criminal Clinical Programs, can comment. Contact David Rossman, 617-353-5011, drossman@bu.edu

Stress-test report cards and management reviews for banks

Federal bank regulators today say yea or nay to the capital-raising plans at nine of the nation’s largest banks.  But today also is the deadline for banks to report an in-depth review of their management for approval by the regulators.  School of Management Professor James Post, an authority on corporate governance, can discuss long-term impact […]

DiMasi arraignment

Massachusetts ex-House Speaker Sal DiMasi is to be arraigned in Boston federal court today on conspiracy and fraud charges for allegedly accepting kickbacks for steering state contracts to a computer software company.  College of Communication Professor Fred Bayles, a former USA Today and AP reporter who runs the BU State House journalism program, says in […]

D-Day at Boston Globe

Amid talk that it may be rejected, the Boston Globe’s largest union votes today on a wage-cutting contract proposal from the parent New York Times Company.  College of Communication Professor Christopher Daly, an authority on American journalism history, can put the vote in context. Contact Chrisopher Daly, 617-353-4295, cdaly@bu.edu

Gore to N.Korea to free reporters?

Former Vice President Gore may be dispatched to North Korea to negotiate the release of two American  journalists who work for Gore’s Current TV.  The reporters are on trial charged with illegally entering North Korea and could be sent to a labor camp if convicted.  College of Communication journalism Professor Robert Zelnick, a former long-time […]

Delphi to get GM bailout $$

Auto-parts maker Delphi reportedly will be able to emerge from nearly 4 years in bankruptcy thanks to $2.5 billion in GM bailout money to be used to finance a buyout by a private-equity firm.  School of Management Professor Israel Shaked, an expert in M&A and bankruptcy, can comment on the implications. Contact Israel Shaked, 617-353-2665, shaked@bu.edu

Countrywide ex-CEO charged with fraud

The SEC is charging mortgage pioneer Angelo Mozilo, the ex-CEO of Countrywide, with fraud and insider trading for actions that triggered the sub-prime meltdown.  School of Law Professor Tamar Frankel, an authority on securities law and legal ethics, says it’s about time the feds went after the big fish instead of just the “small fry” […]