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A few weeks ago, I laid out an outline for sensible financial-reform legislation. Many of the principles of this framework look as though they will be kept in the Congress’s final bill, including a stronger consumer-protection agency and an over-the-counter exchange for derivatives...

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

Though the amendment has been narrowed in order to ensure that it will not aim to politically influence the creation and setting of monetary policy, it still interferes with the necessity of an independent Federal Reserve with the power to act in times of crisis. In the financial system, a...

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

On an even greater scale, this amendment violates one of the basic foundational principles of our central banking system: Our economy hinges on the trust that we place in the Federal Reserve to look out for the best interests of the economy at large, independent of any political influence whatsoever...

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

When the online self-described “legal tabloid” Above the Law reported on Stephanie Grace’s now infamous e-mail—which suggested that African-Americans are predisposed to be less intelligent—two weeks ago, they should have been able to...

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

Harvard’s heptathletes also battled intensely against the competition, as sophomore Nicole Sliva pulled out a strong second day to jump from fourth place to second in the seven-event competition. Freshman Mary Hirst grabbed two points by placing fifth, while sophomore Christine Reed took sixth.

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: Harvard Track Posts Pair of Seventh-Place Finishes at Heps | 5/10/2010 | See Source »

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