Tag: School of Law

Sumner M. Redstone Gives $18 million to Boston University School of Law

CONTACT:   Tom Testa, 617-353-2240 or ttesta@bu.edu (Boston) – Boston University today announced that well-known media executive and Boston native, Sumner M. Redstone, has given $18 million to help expand and improve the facilities of the Boston University School of Law, including the construction of a new building adjacent to the School’s core facility; the new […]

Google/AdMob deal okayed

Despite concerns that Google could extend its Internet marketing dominance into the emerging field of wireless devices, federal regulators approved the company’s $750 million purchase of its mobile advertising rival AdMob.  Law Professor Keith Hylton, an authority on antitrust law, said it looks like the right decision given rapid changes in the market such as […]

Crisis panel probes bank "window dressing"

The Financial Crisis Inquiry Commission, which is looking into the causes for the 2008 economic crash, today questioned former executives from the investment bank Bear Stearns (sold to J.P. Morgan in a firesale after a run on the bank) and explored the open-secret of how Wall Street banks legally fudged their quarterly books to dress up […]

Fiduciary and investment banks

On the heels of allegations that Goldman Sachs took advantage of clients during the mortgage-market collapse, Congress reportedly is considering new legal standards for investment banks when they deal with customers.  Law Professor Tamar Frankel, an authority on securities law and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says slapping fiduciary […]