Monthly Archives: May 2010

Cameron new British P.M.

Conservative Party leader David Cameron is the new British Prime Minister – at 43, the youngest in nearly 200 years.  Cameron took over after Labour Party leader Gordon Brown resigned, his party having been unable to form a coalition government with the smaller Liberal Democrat party after none of the three won a Parliamentary majority in last […]

FDIC floats bank-reform proposals

The Federal Deposit Insurance Corp. is proposing that the top 40 U.S. banks — with assets totaling $8.3 trillion — submit “living wills” to show how they could be split off from parent companies and wound down.  In parallel with Congressional reform efforts, the FDIC also is proposing that those selling securitiezed assets retain 5% […]

SEC probes stock-market plunge

Heads of the major stock exchanges were summoned to Washington by federal regulators to try to help figure out what caused last week’s computerized sell-off the shot the Dow Jones Industrial Average down 1,000 points in a matter of minutes.  Law Professor Elizabeth Nowicki, a former Securities and Exchange Commission attorney and Wall Street lawyer, […]

Kagan nominated to SCOTUS

U.S. Solicitor General Elena Kagan, a former Harvard Law School dean, was nominated by President Obama to be the 112th justice of the Supreme Court.  BU Law Professor Jack Beermann, an authority on the high court who knows the nominee well, says he see it as a strong plus that Kagan is not a sitting […]

Gotlieb Honors Robert B. Parker

The Howard Gotlieb Archival Research Center will host a celebration of the life of noted writer Robert B. Parker, followed by a reception, today 5:30 PM in the Metcalf Ballroom (775 Commonwealth Ave., Second Floor).  His archives, which are housed at the Gotlieb Center, will be exhibited and tributes to Parker’s life will be made […]

Brit elections stalemated

And the winner is … no one.  The most tightly contested British Parliamentary election in a generation has ended in the first stalemate since 1974, with no party winning an outright majority of seats that would enable it to choose a prime minister and form a ruling government.  Frantic efforts are being made to shape some […]

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BU’s class of 1970 gets what they’ve long deserved, a graduation ceremony!

1970 was a year that saw the Beatles break up, the first Earth Day celebrated in the U.S., and All My Children hit the ABC airwaves.  Born in 1970 were Actor Matt Damon and figure skating sweetheart Tonya Harding, while rock legends Janis Joplin and Jimi Hendrix joined the 27 Club.  However, 1970 was also […]

Ed Harris at BU on Monday

We just confirmed that Ed Harris will be at the Gotlieb event scheduled for Monday night (5/10) at 5:30 PM in Metcalf Hall, honoring noted author Robert Parker.  The event is free and open to the public…

Greece’s debt crisis grows

As nationwide workers’ strikes continued and deadly riots erupted in Athens over austerity measures invoked to deal with Greece’s ongoing debt crisis, fears grew that the situation may adversely impact the global banking system.  Mark Williams, author of “Uncontrolled Risk” about the fall of Lehman Brothers who teaches finance in the School of Management, says the […]