Category: Uncategorized

AIG exec eyed for securities fraud

Joseph Cassano, the executive who ran the AIG Financial Products unit that nearly killed the insurance giant a year ago, reportedly will be eyed by a federal grand jury for alleged securities fraud.  Law Professor Tamar Frankel, an authority on securities law, says the buck must stop somewhere. “What President Truman understood and practiced surely […]

Lehman collapse anniversary

With the one-year anniversary approaching of the collapse of Lehman Brothers, Inc., debate is under way over whether the government could have prevented the demise of the investment bank.  Former Federal Reserve Bank examiner Mark T. Williams, who teaches finance in the School of Management and is writing a book on Lehman’s fall, can discuss […]

GM’s money-back offer

Post-bankruptcy General Motors is launching a new “May the Best Car Win” marketing campaign with a money-back offer aimed at luring back customers.  School of Management marketing Professor Shuba Srinivasan says the campaign should create buzz but likely will have a low rate of return. “This offer could serve to reassure prospective car buyers already […]

FDIC to wind down bank debt program

The FDIC is winding down the emergency program which guaranteed debt issued by big banks.   Now the question is how will they fare without such assistance.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and a former counsel to the Federal Reserve Board of Governors, says the those 19 “too-big-to-fail” […]

Obama’s healthcare joint session

President Obama makes his latest (final?) pitch for significant healthcare reform in a joint session of Congress tonight.  School of Management Professor Stephen Davidson, author of ” In Urgent Need of Reform: the U.S Health Care System,” can discuss what’s at stake. Contact Stephen Davidson, 617-353-7422, sdavidso@bu.edu

Is the food in your refrigerator safe?

According to Nutrition Professor and healthy eating expert Joan Salge Blake, September (National Food Safety Month) is a good time to take a look in your fridge to determine what’s safe.   Salge Blake also encourages consumers to take this brief food safety quiz administered by the FDA.  She can be reached at (978) 436-0341 or salgeblake@comcast.net.

Health experts can’t predict how dangerous swine flu might be

New York City  is well prepared for the potential outbreak of swine flu, even ahead of other major metropolitan centers. But that’s not enough said Al Ozonoff, School of Public Health associate professor of biostatistics.   I believe that New York City has done a very good job of planning and preparation. That being said, nobody […]

Labor Day – Too late to travel?

AAA is reporting that labor day travel is going to slump this year not because of the economy but, rather, due to it’s placement on the calendar: September 7.  Dean of BU’s School of Hospitality Jim Stamas is available to comment on school year travel and the hospitality industry’s reaction to a later-than-usual Labor Day […]

Prof. William Keylor comments on “Bloodshed in Afghanistan”

Pfizer pays record $2.3B fine

The world’s biggest drug maker, Pfizer, pleaded guilty to a criminal charge to settle allegations of improperly marketing 13 medicines “off label” — paying a record $2.3 billion fine.  School of Law Professor Kevin Outterson, director of the Health Law Program and an authority on drug marketing law, says “off-label” promotion is a signficant problem […]