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...cases of fraud rise during recessions. This time is no different. According to a report out May 20 from the Network, a U.S. firm that runs compliance and corporate-governance hotlines for about half the Fortune 500, fraud-related calls amounted to 21% of all reports in the first quarter of this year, up from 14% in the same period in 2007. While reports of problems such as harassment, discrimination or health and safety transgressions saw "no appreciable increase," according to Luis Ramos, CEO of the Network, the number of whistle-blowers reporting fraud, theft or the misuse of company...
...General Education committee—which approved approximately 150 of 221 total classes that will count for Gen Ed credit this past spring—is readying the new curriculum for full implementation in the fall, as a new Gen Ed office prepares to move into fresh quarters in the Holyoke Center. Associate Dean of Undergraduate Education Stephanie H. Kenen will serve as the administrative director of the new Gen Ed office, and Dean of Undergraduate Education Jay M. Harris, who also chairs the Gen Ed committee, will serve as its faculty director. The Gen Ed office will absorb...
This year, financial-sector earnings probably troughed in the first quarter, so the risk becomes don't be too underweight. It takes a huge swing to go from not owning any financial stocks to being market weight in financial stocks. Big investors are scrambling to catch up. (Read "The Outlook for Stocks is Decidedly ... Mixed...
Halle may be a lot more prosperous than it was 20 years ago, but it's still far from being a happy place. Its population has shrunk dramatically, falling by more than one-quarter to 230,000 since 1990 as young people have left to find jobs elsewhere. Despite the exodus, and a birthrate that has dwindled to almost nothing, the town still has an unemployment rate of about 14%, double that in the old West Germany. And as a new economic crisis strikes - this time a global one - Halle isn't immune. Its economy has crashed in the past...
There is time. Yet this scholar-Pope knows that history's long rhythms also dictate that a great project is not completed or fulfilled in a year, decade or even quarter-century. Some of Benedict's would-be defenders suggest that once he has made his visit to the Jewish homeland, the Pope is right to "move on." He knows better: like any other vital priority his church takes into its stewardship, this one too must be heeded and tended, not just now but for the (very) long haul...