Posts by: Dick Taffe

Lobbying the financial reform act

Intense lobbying is under way over the Dodd-Frank financial regulatory reform act, with federal agencies needing to fill in the details of at least 243 financial rules and conduct 67 studies before implementing the most sweeping such law since the 1930s.  Political science Professor Graham Wilson, author of “Business and Politics,” says citizens should be […]

WikiLeaks and classified information

The massive unauthorized leak by WikiLeaks to three newspapers, including The New York Times, of 91,000 classified documents related to the war in Afghanistan may cause a reassessment of the war effort by the Obama administration.  It already has shown how times have changed in the Internet age since the leak of the Pentagon Papers by government insider […]

EU antitrust probe of IBM

Euopean Union regulators launched two antitrust investigations against IBM, the world’s biggest provider of computer services, for allegedly abusing its dominant position on the mainframe computer market.  IBM says it’s cooperating with the EU probe and that it suspects the complaint is being driven by its largest competitors, led by Microsoft.  Law Professor Keith Hylton, an […]

Hearing on AZ immigration law

A federal judge in Phoenix is hearing arguments from the state, the feds, and civil rights groups over whether Arizona’s controversial new immigration law — requiring officers to check a person’s immigration status if there’s a “reasonable suspicion” that the person is here illegally — should take effect next week.  Law Professor Susan Akram, an […]

Madoff trustee sues “feeders”

The trustee overseeing the liquidation of the estate of convicted swindler Bernie Madoff (r.) has sued 25 feeder funds and 19 individuals for wrongly enriching themselves from the multi-billion-dollar Ponzi scheme for which Madoff is serving a 150-year sentence in federal prison.  Law Professor Tamar Frankel, a securities law authority and author of “Trust and Honesty: […]

The consumer “watchdog” fight

A battle is brewing over who President Obama should nominate as the new consumer “watchdog” under the new financial regulatory reform law after he signs it.  Consumer advocates and activist groups are pressing him to tap outspoken Harvard Law Professor Elizabeth Warren, who now chairs the congressional panel overseeing the federal bailout of the nation’s banks.  […]

Toyota gets another subpoena

Once again, Toyota has been subpoeaned by a federal grand jury in New York seeking information on steering-related defects in its vehicles, and possibly broadening a probe into the Japanese automater’s handling of a recall back in 2005.  Law Professor Keith Hylton, an expert in liability law, says the case may come down to how much […]

Dems break jobless-aid stalemate

Waiting only for the late Sen. Robert Byrd’s replacement to be sworn in so they have enough votes, Senate Democrats were voting break the GOP-led stalemate and extend unemployment benefits for millions of Americans who have been out of work 6 months or more.  Political science Professor Graham Wilson, author of “Only in America? American […]

Post-9/11 “Top Secret America”

A 2-year investigation by the Washington Post shows that the top-secret world the federal government built in response to the 9/11 terrorist attacks now is so big, unwieldly, and secretive that no one really knows how much it costs, how many people it employs, how many programs there are, or how much overlap there is among agencies.  […]

Progress in saving the whales

The Stellwagen Bank National Marine Sanctuary, an 842-square-mile submerged plateau off Massachusetts with a wealth of endangered whales and old shipwrecks, has finally got the attention of the federal government. A newly released management plan builds a scientific case for better protecting the sanctuary from humans.  Biology Professor Les Kaufman, who had a hand in devising it, says […]