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...reform’s backers say empowering shareholders could help prevent another financial crisis, but according to Jay W. Lorsch, a Business School professor and signatory to the letter, the new reforms represent a continued effort by institutional investors to gain power and influence over the companies they invest in—a movement that predates the market crash...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Professors Push Changes to SEC Reform | 9/1/2009 | See Source »

...Chairwoman Mary L. Schapiro’s financial reform agenda, has aligned in opposition a powerful constellation of some this nation’s largest and most prestigious law firms and Fortune 500 companies, including Wachtell, Lipton, Rosen & Katz, where Law School professor and principal author of the letter John C. Coates once worked...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Professors Push Changes to SEC Reform | 9/1/2009 | See Source »

...planned, I landed in Colombo with my wife, two kids, and our luggage. To my astonishment, the customs had no clue about my transporting the robot to Sri Lanka. They decided to detain it in the airport and ordered me to bring a special letter from the Ministry of Defense to reclaim the box. They also told me to bring along enough Sri Lankan money to pay a fine and tax. I agreed to the fine but questioned why I should pay tax on a university prototype with no commercial value. Based on arbitrary criteria, one officer estimated a value...

Author: By Thrishantha nanayakkara | Title: Rescue Your Volunteer Effort | 9/1/2009 | See Source »

...After one week, I went to the airport with the letter given by the Ministry of Defence. I paid a fine and the arbitrarily calculated tax. Interestingly, the cashier did not return my balance. An accompanying air force officer volunteered to get me the balance. Later, I found out that it was standard practice for the cashier to keep the balance for detained items...

Author: By Thrishantha nanayakkara | Title: Rescue Your Volunteer Effort | 9/1/2009 | See Source »

...what has been one of the most discussed gestures of a tightly choreographed day came at the Arlington National Cemetery evening burial service. Retired Washington Archbishop Cardinal Theodore McCarrick read excerpts from a private letter Kennedy wrote to Pope Benedict XVI - hand-delivered in July by President Obama - and portions of the Vatican response to Kennedy two weeks later. After making no public comment nor authorizing an official communique after Kennedy's death, was the Pope publicly reaching out to this controversial Catholic politician? According to both Vatican and U.S.-based Church officials, the answer...

Author: /time Magazine | Title: The Pope's Response to Ted Kennedy's Letter: Pro Forma | 9/1/2009 | See Source »

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