Monthly Archives: December 2009

N.J. moves toward gay marriage

With a key committee approving a gay-marriage bill, the New Jersey legislature faces a showdown when the issue hits the full state Senate Thursday.  Law Professor Linda McClain, an authority on family law, says New Jersey lawmakers must beware of efforts to infuse the debate over civil marriages with religious arguments. “Religious opposition may well […]

Wall Street whining about pay

With Washington’s “pay czar” setting limits for executives of bailed out Wall Street firms, five high-ranking execs at AIG reportedly are ready to quit if their compensation is cut significantly.  Law Professor Tamar Frankel, an authority on securities law and legal ethics, says maybe its time to both change the guard and change the mores […]

BofA to repay TARP loans

Bank of America has received Fed approval to repay the $45 billion in Troubled Asset Relief Program bailout loans it got from taxpayers over the past year.  Former Federal Reserve Bank examiner Mark T. Williams, who teaches finance in the School of Management, says the payback might be too early. “Banks are beginning to earn their […]

Civil rights in the Bush era

A GAO report to Congress about the Department of Justice’s Civil Rights Division during Bush years shows a significant drop in enforcement of several major antidiscrimination and voting rights laws compared with the Clinton years.  Law Professor Robert Volk says the GAO report substantiates suspicions that the Bush administration had little interest in enforcing civil rights laws and had politicized […]

GM board sacks new CEO

Only eight months after General Motors’ new owners — the U.S. government — replaced the old CEO, the GM board canned that CEO  in an effort to accelerate paying back taxpayers for the loans that kept the automaker afloat.  School of Management Dean Lou Lataif, a former Ford Motor Company senior executive, says the moves […]

SEC cracking down on insider trading

After fumbling the probe into Bernie Madoff’s multibillion-dollar fraud, the Securities and Exchange Commission reportedly is ramping up insider-trading investigations.  Law Professor Elizabeth Nowicki, a former SEC and Wall Street attorney, says traders at hedge funds, investment banks, and brokerages should beware. “The SEC has finally aggressively asserted itself — in what appears to be […]

Google blinks at publishers

Google has agreed, as a concession to publishers of paid content news, to let them limit the number of free articles accessed through the Internet search engine.  Journalism Department Chairman Lou Ureneck calls it a positive development for the media indusry, and ultimately for consumers. “The free traffic in articles that news organizations have put […]

EU and Jerusalem

A European Union initiative, to be considered next week, would carve off east Jerusalem as the capital if an independent Palestinian state.  Israel rejects the concept.  Journalism Professor Bob Zelnick, a former ABC News Middle East correspondent and author of “Israeli Unilateralism: Beyond Gaza,” says the Israel, the Palestinians, and the U.S. all have missed […]