November 13, 2009 at 1:21 pm
Two computer programmers who worked for Bernie Madoff were arrested by the FBI for aiding in Madoff’s multi-billion dollar Ponzi fraud. Law Professor Tamar Frankel, an authority in securities law, says the burden of proof is heavy, but the two should be brought to court anyway. “Aiding and abetting in a fraud requires the knowing […]
November 13, 2009 at 12:24 pm
Despite President Obama’s call for Hamid Kazai to crack down on corrupution in Afghanistan, the U.S. apparently has little leverage over the Afghan president. Journalism Professor Nick Mills, author of “Karzai: The failing American Intervention and the Struggle for Afghanistan,” says without a credible “or else” threat, any demands on Karzai are just “dust in […]
November 13, 2009 at 9:21 am
November 12, 2009 at 6:13 pm
Intel, the world’s largest maker of computer processors, will pay $1.25 billion to its biggest competitor, Advanced Micro Devices, to settle all antitrust and patent suits. School of Management Professor Michael Salinger, a former director of the Federal Trade Commission (which also is investigating Intel), applauds the settlement. “It’s a substantial settlement, which represents an […]
November 12, 2009 at 6:02 pm
With both newspapers and local broadcasters in deep financial trouble, the FCC reportedly may be looking to loosen media-ownership rules in 2010. Mass communication Professor T. Barton Carter, an expert on the FCC and communication law, says the difficulty is identifying what changes are needed and finding enough evidence to satisfy any court challenges. “Making […]
November 12, 2009 at 4:58 pm
The court acquittals of two ex-Bear Stearns hedge-fund managers on securities fraud charges is forcing prosecutors to re-examine other potential cases stemming from the Wall Street financial meltdown. Law Professor Tamar Frankel, an authority on securities law and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says the problem is larger than […]
November 12, 2009 at 2:15 pm
CNN news anchor Lou Dobbs caught even his staff offguard by announcing his abrupt resignation after becoming the cable network’s most opinionated and divisive anchor. Journalism Professor Bob Zelnick, a long-time ABC News correspondent, says it’s best for straight journalism that Dobbs step down. “The world of journalism will be well-served if Lou Dobbs’ retirement […]
November 10, 2009 at 5:12 pm
The U.S. Consumer Product Safety Commission has recalled a million childen’s strollers made by the Maclaren USA company after reports that a side hinge had sliced off fingertips of a dozen children. School of Management Professor Michael Salinger, a former Federal Trade Commission director, says the issue of what the CPSC should be regulating is a hard […]
November 9, 2009 at 5:29 pm
Bloomberg News reports on the history of Pfizer, the world’s largest drug company, illegally promoting drugs for uses not approved by the FDA – even after being heavily fined for doing so. Law Professor Kevin Outterson, an expert on drug marketing and director of the BU School of Law’s Health Law Program, says big pharma can […]
November 9, 2009 at 4:30 pm
The Los Angeles Times reports that a Democratic consultant was told by a White House official not to appear again on Fox News Channel, which the administration sees as a political opponent. College of Communication Professor Tobe Berkovitz, a political communication expert, says if that’s true, then the White House doesn’t seem to believe that the public is best […]
