Posts by: Jo Breiner

AIG repayment plan

American International Group announced they have finalized a repayment plan with the Treasury Department. Mark Williams, a former Federal Reserve Bank examiner who now teaches finance in the School of Management and author of “Uncontrolled Risk” about the fall of Lehman Brothers, offers the following view. “The Treasury would be jumping the gun by cashing […]

Shake-up at BP

Just days before he will become BP’s new CEO, Bob Dudley has already begun to shake-up senior management. BP announced that upstream chief Andy Inglis will leave the company. In a statement, BP also announced that the company will create a safety division to “oversee and audit the company’s operations around the world.” Kenneth Freeman, […]

France, Roma, and the EU

France may face legal action from the European Union over its expulsion of more than 8,000 Roma, the term used to describe gypsies from Eastern Europe. The EU has given France until October 15th to show that the expulsions were lawful. International relations professor William Keylor, author of “A World of Nations: The International Order Since 1945″ and an […]

North Korea heir apparent

North Korean leader Kim Jong-il promoted his youngest son, Kim Jong-un, to rank of four-star general in the People’s Army. Also made a four-star general was the leader’s 64-year old sister, Kim Kyong-hui. Both moves set the stage for the future leadership of the country. International relations professor William Keylor gives his view on the move. “As […]

Further action on the yen?

Japanese Prime Minister Naoto Kan has warned he is ready to intervene again on the yen saying such action would be unavoidable “if there is a drastic change in the currency.” International Relations professor William Grimes is Director of the Center for the Study of Asia and a specialist in Japanese and East Asian political […]

China squeezes foreign automakers

The Wall Street Journal reported that the Chinese government is considering forcing foreign automakers to reveal their electric vehicle technology in exchange for market access. Dean Emeritus of BU’s School of Management and former Ford executive, Louis Lataif says China may well become a global leader in EV over the coming decades. “However, China need […]

Obama to name Warren to new post

President Obama will name Elizabeth Warren as a White House advisor to oversee creation of the new Consumer Financial Protection Bureau. Law professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, expresses his opinion on the appointment. “It is regrettable that President Obama has chosen to launch the new Consumer Financial Protection […]

Ponzi schemer pleads guilty

Nevin Shapiro pleaded guilty to running an $880 million multi-state Ponzi scheme.  Law professor Tamar Frankel, an authority on securities law and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says to expect more and larger Ponzi schemes. “It is no use telling investors that ‘if the offering is too good to […]

France bans burqas

The French Parliament passed a bill banning women from wearing burqas and other full-body robes in public. International Relations professor William Keylor gives some historical perspective on the issue. “The great irony of this whole affair is that the deeply felt sentiment in France against public displays of religious affiliation originated in the anti-clerical campaign […]

Looking toward midterm elections

Political science professor Graham Wilson, author of  “Only in America? American Politics in Comparative Perspective,”  gives his outlook on the midterm elections. “Maybe the Tea Party is the Democrats’ last hope.” Contact Graham Wilson, 617-353-2540, gkwilson@bu.edu