April 30, 2009 at 3:58 pm
School of Management Dean Louis Lataif, a former Ford executive, says the bankruptcy of Chrysler shows it is difficult for the government to impose financial decisions on private enterprises. “It’s unfortunate that Chrysler must go through bankruptcy. It seems clear that debt holders, who themselves must answer to their own investors, refused to take only half […]
April 30, 2009 at 10:50 am
The ouster of Bank of America CEO Ken Lewis as its chairman is a turning point for shareholder activism at BofA, says School of Management Professor James Post, an expert in corporate governance and business ethics. “The vote to separate the jobs of board chairman and CEO ends Ken Lewis’ record of unchallenged leadership at […]
April 29, 2009 at 5:01 pm
Law Professor Daniel Berman, director of the graduate tax program and an expert in international taxation law, was part of the Treasury Department negotiating team the last time the U.S. and Switzerland crafted a tax treaty in the mid-1990s. With the two countries now in talks for an updated treaty amid pressure to crack down […]
April 29, 2009 at 4:48 pm
Law School Professor Keith Hylton, an antitrust-law expert, says the Department of Justice is smart to review Google’s settlement with authors and publishers over its Google Book search service. But what happens next, he says, is unclear. “If the rumors of Google’s influence in the new administration are true, the firm is presumably better off […]
April 29, 2009 at 4:39 pm
School of Management Professor N. Venkat Venkatraman, chairman of the Information Systems Department, says word that Apple may be expanding its iPhone offerings beyond the AT&T network to include the Verizon network shows Apple’s market power. “Apple is the market leader — not because of share but due to its ability to define the rules of […]
April 29, 2009 at 4:33 pm
Law Professor Tamar Frankel, an authority on securities law, applauds the SEC’s decision to turn to legal specialists to fight financial fraud. “Staffing the Securities and Exchange Commission with specialized expert examiners and investigators is an idea whose time has come. Not only is the financial market far more complicated than in the past, it […]
April 28, 2009 at 4:36 pm
College of Communication Professor T. Barton Carter, a communication law and FCC expert, says Fox Television Stations will likely eventually win its case concerning expletives for which the FCC was issuing fines, despite the Supreme Court’s 5-4 ruling upholding the FCC’s “fleeting expletive” rule. “This decision prolongs the long battle over broadcast indecency. As a […]
April 27, 2009 at 4:56 pm
School of Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and former counsel to the Fed Board of Governors, says Treasury’s “stress tests” for top U.S. banks is a mess because it only disclosed the test methodology just before the test results will be made public. “For credibility purposes, this […]
April 27, 2009 at 3:51 pm
Apple, Inc., apologized for allowing the iPhone game “Baby Shaker” – that let a player quiet a virtual crying infant by shaking the device – to be distributed through iPhone App Stores. College of Communication Professor Peter Morrissey, an expert in PR reputation management, says the marketers should be fired. “This was a bad idea […]
April 24, 2009 at 3:06 pm
School of Management Senior Lecturer Mark T. Williams, a former Federal Reserve bank examiner, says the public should be wary of results from the “stress tests” being performed by the Fed on the nation’s 19 largest banks. “Stress testing is only an estimation tool. Such tools were used by major banks as they overdosed on […]
