South Korea’s president says his country will take “resolute countermeasures” against neighboring North Korea for what an international investigation has found to be overwhelming evidence that a South Korean warship was sunk two months ago by a torpedo made in North Korea fired by a North Korean submarine. International relations Professor William Keylor, author of […]
Because no one followed suit, Germany’s unlateral ban on “naked” short selling of European government bonds – speculative bets that prices will fall on borrowed assets which then can be sold back to the lender with the speculator pocketing the difference –rocked global markets. Mark Williams, who teaches finance at the BU School of Management and is […]
Preparations have begun at the United Nations for the global sustainable development summit to be held in Brazil in 2012, with the “Rio + 20” summit to mark the 20th anniversary of the “Earth Summit” in Rio de Janeiro which was held 20 years after the 1972 environmental conference in Stockholm. International relations Professors Adil Najam, director of […]
U.S. Senate primaries — with Republican-turned-Democrat Arlen Specter defeated in the Pennsylvania Democratic primary, Arkansas Democratic Senator Blanche Lincoln forced into a run-off, and a hand-picked GOP candidate beaten by Tea Party favored candidate Rand Paul in Kentucky — may indicate an anti-incumbent mood in the country. But political science Professor Graham Wilson cautions that the Specter loss proves no […]
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Tagged Arkansas, Arlen Specter, Blanche Lincoln, Democratic party, GOP, Graham Wilson, John Murtha, Kentucky, Pennsylvania, Rand Paul, Senate, Tea Party, U.S. Senate primaries 2010
On the heels of his getting a health-care reform bill through Congress (with no GOP votes), President Obama this week may get the financial-services reform package which largely reflects the administration’s original blueprint. Political science Professor Graham Wilson, author of “Business and Politics,” says this could only make the president look good. “If Obama gets this […]
Wall Street investment bank Morgan Stanley reportedly is being investigated by federal authorities to see if it misled investors about mortage-derivatives deals it helped design and sometimes bet against. This is on the heels of the Securities and Exchange Commission charging Goldman Sachs with securities fraud involving similar collateralized debt obligations or CDOs. Law Professor […]
Verizon and Google are teaming to develop a tablet computer in their combined effort to catch up with Apple’s iPad and host AT&T. School of Management Professor N. Venkat Venkatraman, head of the Information Systems Department, is researching competition in business network and says this is a new form of competition — not between firms […]
Conservative Party leader David Cameron is the new British Prime Minister — at 43, the youngest in nearly 200 years. Cameron took over after Labour Party leader Gordon Brown resigned, his party having been unable to form a coalition government with the smaller Liberal Democrat party after none of the three won a Parliamentary majority in last […]
The Federal Deposit Insurance Corp. is proposing that the top 40 U.S. banks — with assets totaling $8.3 trillion — submit “living wills” to show how they could be split off from parent companies and wound down. In parallel with Congressional reform efforts, the FDIC also is proposing that those selling securitiezed assets retain 5% […]
