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...reform’s backers say empowering shareholders could help prevent another financial crisis, but according to Jay W. Lorsch, a Business School professor and signatory to the letter, the new reforms represent a continued effort by institutional investors to gain power and influence over the companies they invest in—a movement that predates the market crash...
...once unsightly beard. "I wasn't going to make myself taller," he once quipped when asked about his transformation. He in effect reduced the risks in his personal life as he ratcheted up the risks - prudent, to be sure - that Goldman was taking under his leadership. (See George W. Bush's biggest economic mistakes...
...recently, the Senate Committee on Health, Education, Labor, and Pensions.Though he was one of the dominant liberal figures in the Senate, Kennedy was also known for his efforts to reach across party lines to pass legislation. His quest for bipartisanship was instantiated by his alliance with former President George W. Bush on the “No Child Left Behind” school legislation, a copy of which hung on the wall of his office along with the pen that Bush used to sign the document. According to Kennedy School Dean David T. Ellwood ’75, who worked...
...Kennedy was hardly just a liberal bomb thrower. He reached across the aisle to secure passage of the Civil Rights Act of 1991, which helped protect women against sexual harassment in the workplace. More recently, Kennedy partnered with President George W. Bush and other conservatives to pass the landmark No Child Left Behind reform to education.In his final year in the Senate, Kennedy aimed to broker a compromise on health care reform, something he called the cause of his life. His death dims the hope for a breakthrough on healthcare this year, although Kennedy’s brain cancer...
...instance, he thinks waterboarding "was and is torture," and he wishes the Bush Administration had not permitted it. He thinks President George W. Bush should have gone to Congress sooner to get permission to expand the National Security Agency's domestic-spying program. He even frowns upon the Bush policy of indefinite detention for suspected terrorists, a policy that the Obama Administration has hinted it may continue to some degree. "It seems inconsistent with a country that prides itself on the rule of law," Ridge said on Aug. 30 in an interview with TIME. (Read "Obama's Delicate Balance...