Monthly Archives: January 2010

From Joan Salge Blake:

In response to a recent article in AdAge magazine reporting that the Spanish government is planning to ban some diet and beauty TV Ads before 10 PM: “This is a terrific first step in easing the constant visual reminders of the unrealistic, body weight often portrayed in the media and viewed by young, vulnerable individuals […]

Healthcare reform endangered

With passage of healthcare reform endangered with Democrats losing their 60th vote in the Senate, even the insurance industry is worried about where they’ll get future customers.  School of Management Professor Stephen Davidson, author of “Still Broken: Understanding the U.S. Health Care System,” says in a New York Times letter-to-the-editor that citizen anger over the healthcare […]

Volker’s return to influence

Paul Volker appears to be regaining influence in Washington as President Obama enbraces the former Federal Reserve chairman’s plan to keep banks from engaging in risky investment speculation.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and a former counsel to the Fed Board of Governors, says it’s about […]

Discussion on legendary film director Robert Altman tonight

The life and work of legendary film director Robert Altman will be celebrated at a symposium tonight at 5:30 PM, marking the publication of a new Altman biography and the 40th anniversary of his seminal film, “M*A*S*H.”  Favorite Altman actors Elliott Gould, Sally Kellerman, and Michael Murphy will be joined in a panel discussion by […]

Wall Street’s record compensation

Despite fury over Wall Street’s pay culture, major banks and securities firms are headed toward a record compensation total of around $145 billion for 2009 when all the numbers are out.  Economics Professor Laurence Kotlikoff, a  senior economist in the Reagan administration whose new book, “Jimmy Stewart is Dead,” about the banking industry, will be […]

SEC revamping enforcement arm

The Securities and Exchange Commission is upgrading itself, creating specialized units within its enforcement arm and offering financial-insider informants immunity from prosecution.  Law Professor Elizabeth Nowicki, a veteran of both the SEC and Wall Street, says the immunity for witnesses can help insure investors that the market is still relative safe. “Offering immunity to a […]

Wall Street CEOs ‘splain the crisis

CEOs of four big Wall Street Banks were summoned to Washington to explain to the new Financial Crisis Inquiry Commission what role their institutions played in the Crash of ’08.  At one point, Goldman Sachs’ CEO Lloyd Blankfein got blasted for likening some of the crisis to a hurricane or similar acts of God.  Law Professor Tamar […]

Obama proposes bank tax

To recoup taxpayer losses fom the Wall Street bailout, President Obama is proposing taxing about 50 big banks and major financial institutions for at least the next decade.  Former deputy Comptroller of the Currency Robert Bench, now a senior fellow at the BU Law School’s Morin Center for Banking and Financial Law, says payback is […]

FDIC seeks to rein in banker’s pay

Despite opposition from other banking agencies, the FDIC wants to penalize banks for compensation packages that are based on bankers taking too much risk.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, says it’s too bad the FDIC is unwilling to work with other U.S. and international regulators to find a […]

Google may quit China

They’re still trying to gauge the fallout of Google threatening to pull its business out of China because of massive cyber attacks against the Internet-search giant.  International Relations Professor Joseph Fewsmith, an authority on Chinese domestic and international politics, says this big news. “It has obvious implications for all businesses operating in China. No doubt […]