Federal bank regulators today say yea or nay to the capital-raising plans at nine of the nation’s largest banks. But today also is the deadline for banks to report an in-depth review of their management for approval by the regulators. School of Management Professor James Post, an authority on corporate governance, can discuss long-term impact […]
Massachusetts ex-House Speaker Sal DiMasi is to be arraigned in Boston federal court today on conspiracy and fraud charges for allegedly accepting kickbacks for steering state contracts to a computer software company. College of Communication Professor Fred Bayles, a former USA Today and AP reporter who runs the BU State House journalism program, says in […]
Amid talk that it may be rejected, the Boston Globe’s largest union votes today on a wage-cutting contract proposal from the parent New York Times Company. College of Communication Professor Christopher Daly, an authority on American journalism history, can put the vote in context. Contact Chrisopher Daly, 617-353-4295, cdaly@bu.edu
Former Vice President Gore may be dispatched to North Korea to negotiate the release of two American journalists who work for Gore’s Current TV. The reporters are on trial charged with illegally entering North Korea and could be sent to a labor camp if convicted. College of Communication journalism Professor Robert Zelnick, a former long-time […]
Auto-parts maker Delphi reportedly will be able to emerge from nearly 4 years in bankruptcy thanks to $2.5 billion in GM bailout money to be used to finance a buyout by a private-equity firm. School of Management Professor Israel Shaked, an expert in M&A and bankruptcy, can comment on the implications. Contact Israel Shaked, 617-353-2665, shaked@bu.edu
After learning how white-nose syndrome, a mysterious fungus that has killed more than 1 million hibernating bats and poses a serious threat to the nation’s wildlife, lawmakers at a Congressional hearing suggested the Dept. of Interior develop a new body to address wildlife diseases. Their comments came after biology professor Thomas Kunz, asked Congress for […]
The SEC is charging mortgage pioneer Angelo Mozilo, the ex-CEO of Countrywide, with fraud and insider trading for actions that triggered the sub-prime meltdown. School of Law Professor Tamar Frankel, an authority on securities law and legal ethics, says it’s about time the feds went after the big fish instead of just the “small fry” […]
The FDIC is reportedly urging a major shift in Citigroup’s executive lineup, including moving CEO Pandit to get more commercial-banking experience at the top of the bailed-out former investment firm. Citi’s other regulators (the Fed and OCC) may not agree. School of Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial […]
Moody’s Investors Service says the already low credit ratings for newspapers will fall even further if the industry doesn’t deal with the “structural disconnect” that spends 70% on non-content production. Moving to a hybrid Web-print combination now and gradually Web-only is the only solution. College of Communication Professor Chris Daly, an expert on the history […]
Reports say Steve Jobs, on medical leave since January, could be returning to the helm of Apple by the end of June, with speculation that he may make an appearance at Apple’s developer’s conference that starts on Monday. School of Management Professor James Post, an authority on corporate governance, can discuss the critical role of […]