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...final bill, including a stronger consumer-protection agency and an over-the-counter exchange for derivatives. Yet as the legislation has gained steam and popularity over the last few weeks, politicians are predictably spewing populist demagoguery and wasting an opportunity to implement intelligent regulations. Congress must keep the unintended effects of their measures in mind as they finalize the legislative details on trading derivatives and supervising the Federal Reserve System...

Author: By Ravi N. Mulani | Title: Financial Follies | 5/12/2010 | See Source »

...existing derivatives trading would be spun off to entities such as hedge funds and foreign banks, which are beyond the scope of regulators, or associated bank entities that are not technically part of the bank, in both cases increasing risk and causing difficulties for regulators. It is smarter to keep derivatives trading within the major banks and impose tougher oversight and regulation on these institutions than to spin off the derivatives trading to where we can neither regulate nor examine the market...

Author: By Ravi N. Mulani | Title: Financial Follies | 5/12/2010 | See Source »

...infamous e-mail—which suggested that African-Americans are predisposed to be less intelligent—two weeks ago, they should have been able to predict the blogosphere storm that would ensue. Shortly after Above the Law’s post, which attempted to keep the author of the e-mail and the individual who forwarded it anonymous, Gawker released their names and pictures to the public. Public Internet sentiment comes out strongly against Grace, a third-year Harvard Law School student, and calls are even being made for her federal clerkship to be revoked. We find these...

Author: By The Crimson Staff | Title: A Graceless Response | 5/12/2010 | See Source »

...generously to this mission are friends of the institution and must be treated as such if we expect to continue leading the academic world. Sometimes this source of funding does not appear as noble or progressive to us as the places where the funds ultimately end. But we must keep things in perspective; students must stop speaking out against programs such as the relatively innocuous Z-list or face the reality of losing the expensive humanitarian lifestyle they simultaneously advocate...

Author: By Adam B. Vartikar | Title: Let’s Be Real | 5/12/2010 | See Source »

...blast "We Are The Champions" or "Tik Tok"—or both, simultaneously, for a sound explosion—but preparing to give birth to the perfect essay requires lots of concentration and, if at all possible, some sleep. So consider the plight of your hallmates and keep the riot in your earbuds...

Author: By Sarah J. Howland, CRIMSON STAFF WRITER | Title: Done With Exams? Well, Some of Us are Still "Laboring" | 5/11/2010 | See Source »

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