Tagged: Cornelius Hurley

President Obama’s deficit reduction plan

President Obama is set to announce his deficit reduction plan which will include $1.5 trillion in new taxes. The plan will also look at the so-called “Buffett Rule,” named after billionaire Warren Buffett, which would set a new tax rate for those making more than $1 million a year. The following Boston University experts are […]

President Obama’s jobs speech

The following Boston University experts are available to comment on President Obama’s jobs speech: Laurence Kotlikoff, professor of economics, an expert on macroeconomics and fiscal and monetary policy. He is the author of Jimmy Stewart Is Dead: Ending the World’s Ongoing Financial Plague With Limited Purpose Banking. He is also a regular contributor to Bloomberg […]

Warren Buffett to invest $5 billion in Bank of America

Shares of Bank of America immediately jumped 13 percent after the announcement that Berkshire Hathaway, owned by Warren Buffett, will invest $5 billion in BofA. Cornelius Hurley, director of BU’s Center for Finance, Policy & Law and Mark Williams, master lecturer in finance at BU’s School of Management, are available to offer commentary, analysis and […]

Perry, Fed, & ‘treason’

Texas Governor Rick Perry, campaigning in Iowa on Monday, responded to a voter’s question on the Federal Reserve, saying “printing more money…is almost treasonous.” Boston University School of Law professor Cornelius Hurley is director of the Center for Finance, Law & Policy and a former counsel to the Fed Board of Governors. He offers the […]

Weekly roundup of quotes by BU experts on the S&P downgrade: August 8 – August 12

Below is a sampling of quotes by BU experts on the Standard & Poor’s downgrade of U.S. debt for the week August 8 – August 12: “You add it up, our bond rating shouldn’t be AA+, it should be CCC at this point. I’m not kidding…It’s a scary mix of ingredients…If the market drops any […]

Fed to keep rates low through mid-2013

The Federal Reserve issued a statement on Tuesday pledging it would hold short-term interest rates near zero through the first half of 2013. Boston University School of Law professor Cornelius Hurley is director of Boston University’s Center for Finance, Law & Policy and a former counsel to the Fed Board of Governors. He offers his […]

BU experts comment on debt ceiling deal

Cornelius Hurley, professor of law at BU’s School of Law and director of BU’s Center for Finance, Law & Policy. Contact Hurley at 617-353-5427 or ckhurley@bu.edu, Twitter: @ckhurley “The president’s tactical errors were obvious. First, he failed to embrace his own Deficit Commission’s report and thereby yielded the high ground to the GOP on the […]

Weekly roundup of quotes by BU experts: July 24 – July 29

Below is a sampling of quotes by Boston University experts for July 24 – July 29: Field position – Putnam assumes key sponsorship at Gillette Stadium, raising its profile (Boston Globe): “It’s a perceptional investment. There are lots of ancillary things that can come out of it.” Christopher Cakebread, Assistant Professor of Advertising, College of […]

Experts available to comment on debt ceiling debate

The following Boston University experts are available to offer commentary, insight, and analysis on the debt ceiling debate: Cornelius Hurley, a professor in the School of Law, is the Director of BU’s Center for Finance, Law & Policy and a former counsel to the Fed Board of Governors.  He is also a regular contributor to […]

Cornelius Hurley on the debt ceiling crisis

With the August 2 default deadline looming, President Obama and the GOP are still miles apart on an agreement in their debt ceiling crisis debate. Cornelius Hurley, a professor at Boston University’s School of Law and director of the school’s Center for Finance, Law & Policy, gave his view in a post earlier this week […]