February 26, 2010 at 11:23 am
Greece is preparing a bond issue aimed at restructing its economy as the European Union is pushing the country to adopt new austerity measures to cut its crippling budget deficit. Economics Professor Laurence Kotlikoff, as he explains in his blog, says there’s a way in his view for Greece to to devalue without devaluing. “The government […]
February 26, 2010 at 11:19 am
Joan Salge Blake contributed to an eye-opening piece that is finally offering dieters tips other than “eat more veggies,” including Joan’s idea: “Weight Loss Tip No. 7: Downsize Your Dinnerware: Experts say they’ve seen it again and again: The larger your plate, the more you’re likely to put on it. So serving your meals on […]
February 25, 2010 at 2:26 pm
The man who worked 30 years for Bernie Madoff overseeing the back office record-keeping staff has been arrested on fraud and conspiracy charges related to Madoff’s collapsed multi-billion dollar Ponzi scheme. Law Professor Tamar Frankel, a securities law authority and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says the arrest may […]
February 25, 2010 at 11:20 am
Major components of financial-reform legislation are taking shape, with the Obama administration relaxing its insistance on a stand-alone consumer protection agency and the “Volker Rule” allowing regulators to bar banks from risky investments losing support. Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, said cutting the “Volker Rule” is a loss. […]
February 23, 2010 at 5:13 pm
A prominent Saudi cleric has put a death fatwa on those who support mixing of genders in the workplace or schools. International Relations Professor Houchang Chehabi, a native of Iran, calls it a desperate action by an ultraconservative cleric who does not represent official Saudi views. “At this point over half of all students at […]
February 22, 2010 at 4:57 pm
The International Monetary Fund is apparently rethinking some of its long-held ideas about how unfettered capital flows between countries are “a fundamentally benign phenomenon.” International relations Professor Kevin Gallagher, co-author of “Capital Controls and 21st Century Financial Crises,” says it’s about time the IMF sees that some capital controls are useful and necessary. “The U.S. […]
February 22, 2010 at 2:47 pm
A federal judge okayed a $150 million Bank of America settlement with the SEC to end civil charges accusing the nation’s largest bank with misleading shareholders when it acquired Merrill Lynch. But law Professor Elizabeth Nowicki, both a former SEC and Wall Street attorney, says it is likely a short-lived “win” for BofA because the judge […]
February 19, 2010 at 5:05 pm
The U.S. Department of Health and Human Services has issued a report warning of double-digit increases coming in health insurance premiums. School of Management Professor Stephen Davidson, author of “Still Broken: Understanding the U.S. Healthcare System,” says if the report was released to highlight the need for reform, then the administration is right on. “The […]
February 19, 2010 at 4:43 pm
BU researchers are exploring why certain families produce members who live well past their eighties. The Long Life Family Study, made up of investigators from other universities and sponsored by the National Institutes of Health, will try to determine which environmental, behavioral and genetic factors contribute to longevity. Boston University Associate Professor Dr. Thomas Perls, […]
February 19, 2010 at 12:37 pm
Senate Banking Committee Chairman Chris Dodd will propose a council of regulators — headed by the Treasury secretary — be created to monitor systemic risk across the financial spectrum. Former Federal Reserve Bank examiner Mark Williams, who teaches finance in the School of Management is is author of “Uncontrolled Risk” about the fall of Lehman […]
