Word: americanization
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James L. Cavallaro ’84, now a Harvard Law School professor and executive director of the HLS Human Rights Program, was speaking at a conference about the military dictatorship that had menaced the South American state for 21 years. Meanwhile, Nadejda Marques was running late en route to the conference. Fate would have it that her mother was considerate enough to save Marques a seat—right in front of Cavallaro...
Losing hockey teams, frigid weather, Bieber Fever. Even before the Olympics, we thought that Canada needed help. Well, we hope for the sake of our North American neighbor that help doesn’t come through the World Wide...
...interested in the causes and consequences of U.S. policy toward Central and South America. His newfound focus led him to the Annunciation House, a facility that helps poor migrants and political refugees along the U.S.-Mexico border. Provided with room, board, and a small stipend, Cavallaro worked with Central American refugees on asylum cases, leading him to become interested in using law to further human rights...
However, responsibility for the global financial crisis cannot be blamed on bankers alone. The U.S. government and homeowners played an important part in the web of high leverage, high pricing of assets, and greed that entangled the American financial system. Much of the controversy surrounding the question of who to blame arises from the objective of proportionally allocating the appropriate blame to the appropriate party...
...issue are the misleading tactics that banks used to lure first-time homebuyers. First-time homebuyers aiming to fulfill the American Dream of owning a home were not irrational in their decision to sign a contract for a home whose mortgage they clearly could not afford. The transaction occurred between the banks and consumers who were both financially dysfunctional, their financial dysfunction stemming from amassing excessive debt and experiencing mortgage aversion. These were, at times, educated people who made poor financial decisions and miscalculated the risks involved...