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...policy currently doesn’t cover or restrict gifts,” Brodnicki said. “That’s something that will certainly be a topic for this group’s discussion...
...it’s all dependent on her force of personality, Harvard is in trouble.”The decline of the University’s endowment, which fell by an estimated 22 percent in four months during a period of global economic turmoil, may restrict the new dean’s first moves. As the University prepares to tighten its belt, Kagan’s successor will inherit the responsibility of making decisions based on financial compromises.As a result, Law School professor Richard H. Fallon said, it will be difficult to distinguish any changes brought about...
...Mariana Trench (the deepest point in the world), the Rose Atoll near American Samoa and several remote islands in the middle of the Pacific, including Wake Island. The monuments will be declared protected under the Antiquities Act, a 1906 law that gives the President the authority to restrict the use of public land owned by the Federal Government via executive order without consulting Congress. Initially designed to protect prehistoric Indian ruins in the American West from grave robbers, the law has been used more recently as a way to fast-track protection of areas without the lengthy Congressional process...
...Citi has already asked the government to restrict short-selling (where investors borrow stock in hopes that the price will fall) in its shares. Executives hope that getting rid of the people rooting for the firm's demise could relieve some pressure on the company's shares. What's more, to close their positions, short sellers would have to buy the shares they borrowed...
First, the most extreme economic argument against temporary fiscal stimulus--that consumers and businesses would see through it and restrict spending to prepare for the tax increases or spending cuts to come--has lost almost all its adherents. Economists no longer believe humans are that farsighted...