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People who oppose any attempted sell-off by Brandeis are hoping that Massachusetts attorney general Martha Coakley can put some obstacles in the school's path. Her office has already announced that it will examine the intent of the donors of any work that Brandeis attempts to sell, to determine whether they placed restrictions on what uses the school could make of it. Jonathan Lee, chairman of the Rose's board of overseers, has also begun discussions with Coakley's office to see if there are other ways it might intervene. Meanwhile Brandeis has to embark on the complicated process...
...regulatory front, the path to a new global approach is pretty clear. Last spring the leaders of the G-7, a club of wealthy nations, agreed to create a "college of supervisors" to more closely coordinate regulation of multinational banks. The Group of Thirty, an influential organization of current and former central bankers and financial regulators, recommended in January that "systematically significant" financial institutions (those that are too big to fail) be identified in advance and subjected to higher capital requirements and tougher regulation. (See who's to blame for the financial crisis...
...ambitious task down a path studded with political mines. Although partnerships between faith-based organizations and government have existed for decades and were reinvigorated during the Clinton Administration, the issue became a partisan football during Bush's time in office. Even some of the faith-based initiative's earliest supporters - including Republican Congressman Mark Souder of Indiana and former office director John DiIulio - strongly criticized the way the Bush White House handled the effort and cut funds for social services. "The Bush Administration pushed hard on the things that created the most controversy and made it look more controversial than...
...suggests, the book seeks to dispel any suspicion that a series of setbacks Royal has suffered since her May 2007 loss to Sarkozy has weakened in any way her bid for another run in 2012. In addition to the jabs at those she feels are conspiring to block her path, Royal also punctuates the book's pages with the boundless self-confidence that has proven both an asset and a liability to her over time. (See pictures of Bastille Day celebrations...
...Citigroup. The government insurance was supposed to put the bank back on solid footing. At the time, a number of analysts said Citigroup needed as much as $300 billion in new capital to survive. The government thought insuring the loans, rather than the more costly and politically difficult path of just handing Citigroup money directly, would be enough to stabilize the bank. (Read "Why Your Bank Is Broke...