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...financial institutions. The paper, written in January but released online last week, suggested that regulations are effective at preventing crises such as the current economic meltdown. Moss said he conducted research on behalf of the Troubled Asset Relief Program Congressional Oversight Panel, which was composing a statement on regulatory reform. The panel’s report drew on Moss’ work to promote insuring and overseeing “systematically significant” financial institutions. Moss suggests that New Deal regulations were effective, but that their success created complacency. “Many took for granted the remarkable stability...

Author: By William N. White, CRIMSON STAFF WRITER | Title: Congress Draws on Prof’s Paper | 2/17/2009 | See Source »

Clair said that in spite of the current economic climate, he hopes the University will continue to actively recruit for a diverse student body and faculty. Law School alumnus Harvey A. Silverglate, one of the two write-in candidates, said he would campaign to reform what he believes to be University censorship, as well as the College’s Administrative Board—which he deems “one of the worst, if not the worst, student disciplinary tribunals in the country...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: HAA Announces Overseer Candidates | 2/17/2009 | See Source »

...recently hurt his own cause by remarking that he did not support the privatization of Japan's huge postal savings system - a key financial reform that Koizumi pushed through in 2005. Koizumi said on Feb. 12 that Aso's comments made him "flabbergasted to the point that I want to laugh." Koizumi also expressed doubts about Aso's stimulus package and his ability to lead the LDP in upcoming parliamentary elections. Gerald Curtis, professor of political science at Columbia University, says there is an obvious rift in the LDP. Koizumi's attack on Aso was a way of "throwing down...

Author: /time Magazine | Title: Japan's Prime Minister Aso Faces Ugly Economic Truths | 2/16/2009 | See Source »

...chance to govern until 2017. Correa first won in 2006; Ecuador's new constitution allows him to run for a four-year term in a special election this year, and then another in 2013. Bolivia's leftist President, Evo Morales, who was elected in 2005, won a similar reform in a referendum last month. The question now is whether both leaders will eventually follow their ally Chavez's lead and seek the right to run for re-election indefinitely. Elsewhere, political watchers are waiting to see if Argentina's President Cristina Fernandez, along with her predecessor and husband, Nestor Kirchner...

Author: /time Magazine | Title: What Chávez Win Means for Latin American Democracy | 2/16/2009 | See Source »

...treaty-enshrined ideal. But Sarkozy's protectionist language ripped off the veneer of European unity over the economic crisis. "The French have signaled that they are willing to do things they know are illegal under E.U. law," says Katinka Barysch, Deputy Director at the London-based Centre for European Reform (CER). "But if one E.U. country goes down this route, others will feel they have to follow...

Author: /time Magazine | Title: Amid Crisis, Cars Start to Drive Europe Apart | 2/16/2009 | See Source »

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