Category: Uncategorized

“Matters of Principal” – Mortgage bailout misses the mark

School of Law Professor Susan Koniak, in a New York Times op-ed, says the Obama mortgage bailout plan won’t stop foreclosures because it concentrates on reducing interest payments, not reducing principal – a waste of taxpayer money that won’t fix the problem. “For subprime and other non-prime loans, which acount for more than half of all foreclosures, the […]

Hopes for the White House health-care summit

School of Management Professor Stephen Davidson, author of “In Urgent Need of Reform: Saving the U.S. Healthcare System” being published this spring, questions whether today’s White House health-care summit will have any lasting political impact. “Congressional Republicans were advised by their leaders to oppose anything, no matter what compromise plan the Clinton Administration came up […]

Clinton’s tough talk

International Relations Professor William Keylor on Reuters-TV discussing Secretary of State Hillary Clinton’s Middle East visit.    

Supreme Court rules 6-3 against Wyeth

School of Law Professor Kevin Outterson, director of the Health Law Program, says the U.S. Supreme Court’s 6-3 ruling that drugmakers can’t use federal regulation to shield them from lawsuits brought under state consumer-protection laws reflects poorly on the Bush Administration’s legal views on such cases. “A strong majority of the Court, including Justice Thomas, […]

African democracies await “enlightened” Obama administration

International Relations Professor Charles Stith, director of the African Presidential Archives and Research Center (APARC) and former U.S. ambassador to Tanzania, says African leaders tell him they are hopeful about the enhanced role the U.S. may play on their continent. “Having just returned from a trip to eight African countries and meeting with six heads […]

Bank bonuses: “Give it back, or get out”

School of Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and former counsel to the Fed Board of Governors, says executives at banks taking taxpayer bailout funds should give back bonuses that flowed from investments in toxic assets that are now crippling the industry. “It is generally understood that […]

Build on Bush’s Middle East Progress

Journalism Professor Robert Zelnick, former ABC News correspondent, a Hoover Institute fellow, and author of “Israeli Unilateralism: Beyond Gaza,” says Obama should build on Bush’s Middle East progress.  With Secretary of State Clinton in the region, Zelnick suggests in the Christian Science Monitor how this can be done. “If (U.S. special envoys George Mitchell and Dennis Ross) can […]

Health-care reform an opportunity for insurers

School of Management Professor Stephen Davidson, author of the soon-to-be-published “In Urgent Need of Reform: Saving the U.S. Healthcare System”, says that rather than resisting it, insurers could make the drive toward health-care reform an opportunity by transforming themselves into real managed-care organizations.  “They can create or contract with group practices, invest in information technology, analyze […]

Executive bonuses: heads you lose, tails I gain

Tamar Frankel, professor in the School of Law, offers commentary on executive bonuses in a piece written for The Great Debate on Reuters. “The debate over corporate executive bonus payments should be put in perspective.  Some say that the executives did not earn these bonuses and don’t deserve the millions in parting payments that they […]

A Breach Of Fiduciary Duty At Bank Of America?

School of Management finance professor Mark Williams writes in Forbes about potential negligence by Bank of America during its Merrill Lynch acquisition. “Regardless of the outcome of investigations into breaches of fiduciary duty, the real loss is that BoA only six months ago was a strong and valuable banking franchise.  If it had not quickly jumped into […]