July 13, 2010 at 11:31 am
George Steinbrenner, long-time owner of the New York Yankees, died today in Tampa, FL at the age of 80 after suffering a heart attack. Boston University Professor of Sports Journalism Frank Shorr reacts to the passing of the baseball icon calling Steinbrenner a “lightning rod” who made the sport better: “He was a lightning rod […]
July 13, 2010 at 11:03 am
The lethal, coordinated bombing attacks in Uganda during the World Cup final have accelerated concerns among anti-terrorism authorities in the United States about the previously local Islamic group, the Shabab, that now is using the Al Qaeda playbook to spread terrorism across borders. International relations Professor Charles Stith, director of the African Presidential Archives and Research […]
During the Crash of 2008, the Federal Deposit Insurance Corporation said it lacked access to need information to evaluate the risk being taken by banks which later either collapsed or needed taxpayer bailouts to stay afloat. Now regulators at the Federal Reserve and Treasury Department have given the FDIC specific, unlimited authority to examine banks. Law Professor Cornelius […]
As the Senate is poised this week to vote on the House-passed compromise bill reforming the financial regulatory system, Law Professor Tamar Frankel, an authority on securities law and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” speculates about the future of derivatives trading once the reform act is enacted. More important […]
Assistant Professor and Faculty Coordinator in the City Planning and Urban Affairs Program at Metropolitan College Enrique Silva offers insight into the rebuilding of Port-au-Princeto the Huffington Post: “When we talk about rebuilding or restructuring Haiti, we are talking about much more than the massive collapse of buildings and infrastructure. We are also talking about […]
In a surprise announcement, Comptroller of the Currency John Dugan (r.) says he will step down next month as the top U.S. bank regulator. Appointed by President George Bush, Dugan was instrumental in shaping the “stress tests” for the largest financial institutions, but often sparred with FDIC Chairwoman Sheila Bair about consumer matters. Former Federal Reserve […]
Many legal experts foresee a collision coming between President Obama’s progressive agenda and the Supreme Court’s conservative majority. Republican attorneys general in 20 states, for example, have already sued the federal government over the healthcare reform act, arguing that the law’s mandate to buy health insurance tramples states’ rights and exceeds Congress’ power. Political science […]
Norwegian authorities said three men suspected of having links to Al Qaeda in a terrorism conspiracy linked to plots in the United States and Britain were arrested, two in Norway and one in Germany, thanks to help from American intelligence agencies. International relations Professor Joseph Wippl, a 30-year CIA operations officer, said the arrests again reflect that success […]
Avoiding a political battle over a nomination process, President Obama appointed Harvard Professor Donald Berwick (l.), a patient-care-specialist health-policy expert, to run Centers for Medicare and Medicaid Services during the critical transition into the implementation phase of the new health-care reform law. BU Professor Stephen Davidson, also a health-policy expert and author of “Still Broken: Understanding the […]
The financial regulatory reform legislation likely to be sent soon to President Obama calls for the biggest banks and hedge funds to put up some $20 billion in fees to pay the costs of additional oversight by regulators. But even that won’t help regulators don’t quickly upgrade the training and standards of rank-and-file examiners, says Mark […]
