Congressional negotiators working out difference between the House and Senate financial reform bills are hammering out compromises right and left. One would permanently (and retroactively to January 2008) move from $100,000 to $250,000 the deposit insurance on individual bank accounts. Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and […]
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Tagged Boston University, BU Law School, Congress, Cornelius Hurley, FDIC, Fed Board of Governors, federal deposit insurance, Federal Deposit Insurance Corp., financial reform bills, House of Represenatives, law school, Morin Center for Banking and Financial Law, Senate
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June 16, 2010 at 12:36 pm
The BP oil spill now has released at least 1.3 million barrels of oil into the Gulf of Mexico since the Deepwater Horizon oil rig explosion on June 15th. What’s that equivalent to? Professor Cutler Cleveland, director of the BU Center for Energy and Environmental Studies and editor of Encyclopedia of Earth” suggests some possibilities […]
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Tagged barrels of oil, BP, BP oil spill, British Petroleum, BU Center for Energy and Environmental Studies, Cutler Cleveland, Deepwater Horizon, Encyclopedia of Earth, Gulf of Mexico, Gulf of Mexico oil spill, The Energy Watch
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Enemies on all sides are coming down on Arkansas Democratic U.S. Senator Blanche Lincoln’s amendment to the regulatory reform bill that would rid banks of their lucrative derivatives business which played such a huge rule in the 2008 financial crash. Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and […]
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Tagged Arkansas, Arkansas Democratic Senator, Blanche Lincoln, Boston University, BU School of Law, Cornelius Hurley, Democrats, derivatives, Federal Reserve, financial regulatory reform, Morin Center for Banking and Financial Law, Sen. Blanche Lincoln
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The Food and Drug Administration reportedly will propose tougher regulations for pharmaceutical companies that outsource manufacturing of drugs, making them more responsible for the safety and purity of the products made by contractors. Law Professor Kevin Outterson, an authority on food and drug law and director of the Healthy Law Program, says the changes likely […]
June 15, 2010 at 12:04 pm
In an effort to stave off calls for an international inquiry and international criticism, Israel’s cabinet approved a government-appointed commission with foreign participation to investigate the deadly commando raid last month on a flotilla bound for blockaded Gaza. But international relations Professor Augustus Richard Norton, author of “Hezbollah: A Short History,” says the proposed Israeli panel falls […]
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Tagged Augustus Richard Nixon, Boston University, commando raid, Gaza, Gaza blockade, Hezbollha: A Short History, International Committee of the Red Cross, International Red Cross, International Relations, Israel, Israeli commandos, United Stations Security Council
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June 15, 2010 at 11:16 am
It’s all BP all the time in Washington this week. After President Obama addresses the nation Wednesday on the BP oil spill situation, company executives on Thursday face a Congressional hearing on the matter. Visiting law Professor Elizabeth Nowicki, both a former SEC and Wall Street attorney, says BP CEO Tony Hayward would be well-served to remember […]
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Tagged Boston University, BP, BP CEO, BP oil spill, BU Law School, Business and Politics, CEO, Congress, Deepwater Horizon oil spill, Elizabeth Nowicki, Graham Wilson, Political Science, President Obama, SEC, Tony Hayward, Wall Street
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The U.S. and Jordan, it’s closest Arab ally in the region, reportedly are negotiating a nuclear-cooperation agreement that would let American firms expert nuclear components and know-how to Jordan — but won’t allow Jordan to produce its own nuclear fuel. International relations Professor William Keylor, author of “A World of Nations: The International Order Since […]
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Tagged A World of Nations: The International Order Since 1945, Arab ally, Boston University, International Relations, International Relations BU, Jordan, Middle East peace, Nuclear Nonproliferation Treaty, nuclear power, United States, William Keylor
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Dell is in settlement talks with the Securities and Exchange Commission to resolve allegations that its founder/CEO Michael Dell engaged in financial irregularities related to Dell’s dealings with chip-maker Intel — with no admission of guilt or bar of Dell from service as an officer or a public company. Visiting law Professor Elizabeth Nowicki, a […]
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Tagged Attorney General, BU Law School, CEO, Dell, Elizabeth Nowicki, Intel, Michael Dell, New York, New York's attorney general, SEC, Securities and Exchange Commission, Wall Street
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The Congressional Oversight Panel says in a scathing report that the government failed to exhaust all options before bailing out the insurance giant American International Group — although the rescue did help the financial system avert collapse. Nonetheless, the watchdog panel says taxpayers may never be paid back all of the $182 billion funneled to support AIG. […]
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Tagged AIG, American International Group, BU School of Management, Congressional Oversight Panel, economic collapse, federal bailout, Federal Reserve Bank, financial system, Lehman Brothers, Lehman Brothers fall, Mark Williams, Uncontrolled Risk
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June 10, 2010 at 11:47 am
The International Energy Agency, in its monthly Oil Market Report, says the Gulf of Mexico spill is a potential “game changer” for oil supply, possibly restricting figure sub-sea oil development and limiting supply. But Professor Cutler Cleveland, director of the BU Center for Energy and Environmental Studies and editor-in-chief of the Encyclopedia of Earth, see […]