Communities of Resistance
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Turning a Blind Eye: Why Washington Keeps Giving in to Wall Street
GW Law Faculty Publications & Other Works Faculty Scholarship 2013 Turning a Blind Eye: Why Washington Keeps Giving In to Wall Street Arthur E. Wilmarth Jr. George Washington University Law School, [email protected] Follow this and additional works at: https://scholarship.law.gwu.edu/faculty_publications Part of the Law Commons Recommended Citation Arthur E. Wilmarth, Jr., Turning a Blind Eye: Why Washington Keeps Giving In to Wall Street, 81 University of Cincinnati Law Review 1283-1446 (2013). This Article is brought to you for free and open access by the Faculty Scholarship at Scholarly Commons. It has been accepted for inclusion in GW Law Faculty Publications & Other Works by an authorized administrator of Scholarly Commons. For more information, please contact [email protected]. GW Law School Public Law and Legal Theory Paper No. 2013‐117 GW Legal Studies Research Paper No. 2013‐117 Turning a Blind Eye: Why Washington Keeps Giving In to Wall Street Arthur E. Wilmarth, Jr. 2013 81 U. CIN. L. REV. 1283-1446 This paper can be downloaded free of charge from the Social Science Research Network: http://ssrn.com/abstract=2327872 TURNING A BLIND EYE: WHY WASHINGTON KEEPS GIVING IN TO WALL STREET Arthur E. Wilmarth, Jr.* As the Dodd–Frank Act approaches its third anniversary in mid-2013, federal regulators have missed deadlines for more than 60% of the required implementing rules. The financial industry has undermined Dodd–Frank by lobbying regulators to delay or weaken rules, by suing to overturn completed rules, and by pushing for legislation to freeze agency budgets and repeal Dodd–Frank’s key mandates. -
Indigo in Motion …A Decidedly Unique Fusion of Jazz and Ballet
A Teacher's Handbook for Pittsburgh Ballet Theatre's Production of Indigo in Motion …a decidedly unique fusion of jazz and ballet Choreography Kevin O'Day Lynne Taylor-Corbett Dwight Rhoden Music Ray Brown Stanley Turrentine Lena Horne Billy Strayhorn Sponsored by Pittsburgh Ballet Theatre's Arts Education programs are supported by major grants from the following: Allegheny Regional Asset District Claude Worthington Benedum Foundation Pennsylvania Council on the Arts The Hearst Foundation Sponsoring the William Randolph Hearst Endowed Fund for Arts Education Additional support is provided by: Alcoa Foundation, Allegheny County, Bayer Foundation, H. M. Bitner Charitable Trust, Columbia Gas of Pennsylvania, Dominion, Duquesne Light Company, Frick Fund of the Buhl Foundation, Grable Foundation, Highmark Blue Cross Blue Shield, The Mary Hillman Jennings Foundation, Milton G. Hulme Charitable Foundation, The Roy A. Hunt Foundation, Earl Knudsen Charitable Foundation, Lazarus Fund of the Federated Foundation, Matthews Educational and Charitable Foundation,, McFeely-Rogers Fund of The Pittsburgh Foundation, William V. and Catherine A. McKinney Charitable Foundation, Howard and Nell E. Miller Foundation, The Charles M. Morris Charitable Trust, Pennsylvania Department of Community and Economic Development, The Rockwell Foundation, James M. and Lucy K. Schoonmaker Foundation, Target Corporation, Robert and Mary Weisbrod Foundation, and the Hilda M. Willis Foundation. INTRODUCTION Dear Educator, In the social atmosphere of our country, in this generation, a professional ballet company with dedicated and highly trained artists cannot afford to be just a vehicle for public entertainment. We have a mission, a commission, and an obligation to be the standard bearer for this beautiful classical art so that generations to come can view, enjoy, and appreciate the significance that culture has in our lives. -
Concordia Club Sale to Pitt Set to Close This Month PITTSBURGH POST-GAZETTE PITTSBURGH PHOTOS COURTESY of ©
INSIDE African American Council Endowed Scholarship....... 3 Pitt researchers, Large Hadron Collider project... 5 PittNewspaper of the University of PittsburghChronicle Volume X • Number 34 • December 14, 2009 $7.2 Million Grant for Pitt to Develop Microbicides Against HIV/AIDS By Clare Collins The University of Pittsburgh Gradu- “The HIV/AIDS epidemic remains evaluate these microbicides in two formula- women in developing countries, giving them ate School of Public Health (GSPH) has uncontrolled in many regions in the world,” tions—a film delivery system inserted into the power to prevent sexually transmitted received a five-year, $7.2 million grant said principal investigator Phalguni Gupta, the vagina and used for up to seven days, diseases,” Gupta said. from the National Institute of Allergy and professor and assistant chair, Department and a ring deliv- At the fore- Infectious Diseases (NIAID) to develop of Infectious Diseases and Microbiology, e r y s y s t e m front of research on microbicides against HIV transmission. The in GSPH. “In developing countries, HIV inser ted on a “The HIV/AIDS epidemic remains microbicides, the grant will allow Pitt to test two is most often spread through monthly or peri- University of Pitts- microbicide formulations—a unprotected heterosexual inter- odic basis. They uncontrolled in many regions in the burgh also leads the film and ring that release the course, creating a great need for also plan to test world. In developing countries, HIV National Institutes active ingredient over time. new ways to prevent transmis- the microbicides of Health-funded Microbicides are sub- sion beyond the condom, whose in the presence is most often spread through Microbicides Trial stances designed to prevent or use is often at the discretion of of other sexually Network (MTN). -
The Face of the Subprime Crisis
VOICES ON... HISTORY The Face of the Subprime Crisis Though he denies causing it, Angelo Mozilo is forever linked with last decade’s mortgage meltdown. BY GLENN RIFKIN “I wish I had that kind of power.” t was the 10th anniversary of the Of course, most observers have a drastically two fnancial crises, but Angelo R. diferent take on Mozilo’s role, tagging him as I Mozilo was having no part in tak- among the key villains of the crisis, the chief ing any blame. In a rare interview executive whose avarice and arrogance turned last summer with The Wall Street Countrywide into the leading purveyor of the Journal, the once-iconic fgure synonymous with toxic subprime loans. Indeed, the more prevalent the words “subprime crisis” continued to argue he conversation during the years of the recession that didn’t help fuel an epidemic of ailing mortgages followed was whether Mozilo would be indicted for that preceded the worldwide economic meltdown. his role in spearheading Countrywide’s controver- The 80-year-old former CEO of Countrywide sial behavior as a mortgage lender. Financial Corp. blamed the liquidity crunch and Mozilo escaped prosecution, though he fought the ensuing fnancial panic for the crisis. a decade-long legal battle to settle an accusation “Not subprime mortgages, not Countrywide, by the Securities Exchange Commission that he not Angelo Mozilo,” he said. “I wish I had that profted to the tune of $140 million due to insider kind of power.” trading. As part of the 2010 settlement, Mozilo 16 Korn Ferry Briefings The Voice of Leadership neither admitted nor denied any wrongdoing When Mozilo resigned as CEO of Countrywide but was ordered to pay a $67.5 million fne (most as the economic meltdown was gaining momen- of which was paid for him by Bank of America, tum, the Los Angeles Times noted that Mozilo which acquired Countrywide). -
The Progressive Pittsburgh 250 Report
Three Rivers Community Foundation Special Pittsburgh 250 Edition - A T I SSUE Winter Change, not 2008/2009 Social, Racial, and Economic Justice in Southwestern Pennsylvania charity ™ TRCF Mission WELCOME TO Three Rivers Community Foundation promotes Change, PROGRESSIVE PITTSBURGH 250! not charity, by funding and encouraging activism among community-based organiza- By Anne E. Lynch, Manager, Administrative Operations, TRCF tions in underserved areas of Southwestern Pennsylvania. “You must be the change you We support groups challeng- wish to see in the world.” ing attitudes, policies, or insti- -- Mohandas Gandhi tutions as they work to pro- mote social, economic, and At Three Rivers Community racial justice. Foundation, we see the world changing every day through TRCF Board Members the work of our grantees. The individuals who make up our Leslie Bachurski grantees have dedicated their Kathleen Blee lives to progressive social Lisa Bruderly change. But social change in Richard Citrin the Pittsburgh region certainly Brian D. Cobaugh, President didn’t start with TRCF’s Claudia Davidson The beautiful city of Pittsburgh (courtesy of Anne E. Lynch) Marcie Eberhart, Vice President founding in 1989. Gerald Ferguson disasters, and nooses show- justice, gay rights, environ- In commemoration of Pitts- Chaz Kellem ing up in workplaces as re- mental justice, or animal Jeff Parker burgh’s 250th birthday, I was cently as 2007. It is vital to rights – and we must work Laurel Person Mecca charged by TRCF to research recall those dark times, how- together to bring about lasting Joyce Redmerski, Treasurer the history of Pittsburgh. Not ever, lest we repeat them. change. By doing this, I am Tara Simmons the history that everyone else Craig Stevens sure that we will someday see would be recalling during this John Wilds, Secretary I’ve often heard people say true equality for all. -
The Power of Focus
The Power of Focus ® Countrywide Financial Corporation 2003 Annual Report The Power of Focus: It could mean many things to different people. But in 1969, it meant the world to David Loeb and Angelo Mozilo. It meant harnessing their skills, experience, and passion to create a new company, Countrywide, dedicated to making the American Dream of homeownership a reality for as many people as possible. Thirty-four years and 34,000 employees later, Countrywide still maintains this same Power of Focus. It is a central element of our culture and the driving force that has empowered the Company to give millions of Americans the opportunity to experience the pride and satisfaction of becoming homeowners. Since the beginning, our Power of Focus has driven us to develop and achieve ambitious goals, to create innovative solutions when confronted by daunting challenges, and to make Countrywide a true American success story. As the greatest year in our history, 2003 epitomizes the dream of our founders and the hard work, dedication and inspiration of our employees. Today, Countrywide is no longer the small, start-up home lender it was in its early years; it is now a diversified financial services powerhouse with a significant presence in the banking, insurance and investment banking industries, and with operations on three continents. And the heart of Countrywide — its people, passion and principles — has never beaten stronger. Financial Highlights Year Year Ten Months Ended Ended Ended December 31, December 31, December 31, (Dollar amounts in millions, except per share data) 2003 2002 2001 Revenues $ 8,027 $ 4,318 $ 2,497 Net earnings $ 2,373 $ 842 $ 486 Earnings per share – diluted (1) $ 12.47 $ 4.87 $ 2.92 Total assets $97,950 $58,031 $37,217 Common shareholders’ equity $ 8,085 $ 5,161 $ 4,088 Common shareholders’ equity per share $ 43.82 $ 30.58 $ 24.98 (1) Based on weighted average diluted common shares outstanding. -
And Inter-Organizational Risk Information Transmission Before and During Major Disasters
Research Collection Doctoral Thesis Causes of Failures in Intra- and Inter-organizational Risk Information Transmission Before and During Major Disasters. Sector Differences in Risk Management Author(s): Chernov, Dmitry Publication Date: 2015 Permanent Link: https://doi.org/10.3929/ethz-a-010578894 Rights / License: In Copyright - Non-Commercial Use Permitted This page was generated automatically upon download from the ETH Zurich Research Collection. For more information please consult the Terms of use. ETH Library Diss.-No. ETH 23097 Causes of Failures in Intra- and Inter-organizational Risk Information Transmission Before and During Major Disasters. Sector Differences in Risk Management A thesis submitted to attain the degree of DOCTOR OF SCIENCES of ETH ZURICH (Dr. sc. ETH Zurich) presented by DMITRY CHERNOV Candidate of economics science (specialization – management), State University of Management (Moscow, Russia) born on January 6th 1980 Citizen of Russian Federation accepted on the recommendation of Prof. Dr. Didier Sornette ETH Zurich Examiner Prof. Dr. Yossi Sheffi MIT Co-examiner Prof. Dr. Ulrich Alois Weidmann ETH Zurich Co-examiner Prof. Dr. Antoine Bommier ETH Zurich President of the committee 2015 I “Science is the systematic classification of experience” George Henry Lewes (1817-78), English writer and critic. “The origin of science is in the desire to know causes; and the origin of all false science and imposture is in the desire to accept false causes rather than none; or, which is the same thing, in the unwillingness to acknowledge our own ignorance” William Hazlitt (1778-1830) English essayist. “If reality disagrees with theory, reality wins. Always. That's science” Richard Feynman (1918-1988), Nobel Prize laureate in Physics, member of The Rogers Commission Report, which was created to investigate the Space Shuttle Challenger disaster II ACKNOWLEDGEMENTS I would like to express my very great appreciation to Prof. -
Whistleblowers Get Paid, Countrywide Chairman Gets
December 23, 2014 loans, generating nice fees to Countrywide. Mortgage to get the government’s investigation started, Countrywide, was forced to pay out billions. Said Now in turn sold off the mortgages to the FHA while make the case understandable, and explain Attorney General Eric Holder at the time: Countrywide sold MBSs to Fannie Mae and Freddie why it is worthwhile [for them] to pursue it. Whistleblowers Get Paid, Mac. Bank of America has acknowledged that, Missing from any of the public discussion over the in the years leading up to the financial All of which is going to help make “whistleblower announcement last week was the one scoundrel who crisis that devastated our economy in 2008, Countrywide Chairman Gets Off attorney” Mahany wealthy in the process, as the got away with sums that make these whistleblower it, Merrill Lynch, and Countrywide sold payouts seem tame by comparison: the chief details will no doubt be added to his book, Saints, billions of dollars of RMBS [residential Sinners & Heroes: Covert Ops in the War Against miscreant in charge of Countrywide, Angelo Mozilo By Bob Adelmann mortgage-backed securities] backed by toxic the C-Suite Mafia, before it gets released in March. (pictured above). The son of a butcher, Mozilo met his mentor, David Loeb, while getting his BS degree loans whose quality and level of risk they Mahany says he wants to give credit to whistleblowers from Fordham. Upon graduation the two started knowingly misrepresented to investors and ast August, Bank of America agreed to who risk everything to expose the fraud and a mortgage business and learned quickly just how the U.S. -
The Leeding Edge Shaking Off Its Polluted Past, Pittsburgh Is Becoming a Center of Smart Design and Green Building
SUMMER 2002 The Magazine of The Heinz Endowments The LEEDing Edge Shaking off its polluted past, Pittsburgh is becoming a center of smart design and green building. INSIDE: Girls Count On Stage in East Liberty inside Founded more than four decades Our fields of emphasis include apart, the Howard Heinz Endowment, philanthropy in general and the established in 1941, and the Vira I. disciplines represented by our grant- Heinz Endowment, established in 1986, making programs: Arts & Culture; are the products of a deep family Children, Youth & Families; Economic commitment to community and the Opportunity; Education; and the common good that began with Environment. These five programs work H. J. Heinz and continues to this day. together on behalf of three shared The Heinz Endowments is based in organizational goals: enabling south- Pittsburgh, where we use our region western Pennsylvania to embrace and as a laboratory for the development realize a vision of itself as a premier of solutions to challenges that are place both to live and to work; making national in scope. Although the majority the region a center of quality learning of our giving is concentrated within and educational opportunity; and southwestern Pennsylvania, we work making diversity and inclusion defining wherever necessary, including statewide elements of the region’s character. and nationally, to fulfill our mission. That mission is to help our region thrive as a whole community — economically, ecologically, educationally and culturally— while advancing the state of knowledge and practice in the fields in which we work. h magazine is a publication of The Heinz Endowments. At the Endowments, we are committed to promoting learning in philanthropy and in the specific fields represented by our grantmaking programs. -
Environment: Pittsburgh Teach-In April 1-4, 1970
envlronme enviro me----- env·o environm~ envlro• environ env·ron .......... envio e vi~ ..........~ e vi ~ env· e vi ..... n • .....".,................ e en e____ Environment: Teach-In: Outline Wednesday, April 1 April 1 Event: folksinger Don McLean; walk from CMU 9:30- Structural Domes - CMU Mall to DU; domes, 10:00 Folksinger Don McLean - Flagstaff HIli, Pollution Schenley Park Pittsburgh DU, Studom Union Ballroom Speaker: Wilson Talley - Under-Secretary HEW 10:15 Walk-Sweep from Flagstaff Hill to DU Panels: 1. Air 2_ Earth 3. Water - concurrent Open Forum (evening) 1:00 I ntroductory Remarks: Teach-In Father Henry J. McAnulty, President DU Address: Wil son Talley, Under-Secretary, HI::W April 2 Quality of Life & Ecology Pitt, Graduate School of Public Health (GSPH) DU. Studem Union Bailioo 1) Speakers: Stewart Brandborg - Exec<Jtive Director; Wilderness Society 2:00 PolI'ution: Air. Earth. Water April 1-4, 1970 Panel: Roland Clement - V ice-President; National Audubon Society Wilson Talley - Under-Secretary, HEW Place: Anthony Downs - Real Estate Research Corp.; Richard Vaughn - U,S_ Public Health Servi ce (OUt Duquesne University Chicago Myrik Freeman - Resources for the Future (eMU) Carneglu-Mallon Univer~lty Panels : Politics, Environment & Open Space ; Maurice K. Goddard - Pa. Dept. of Forests (P,tl) University of p,tl$burgh Transportation; Stress; Rebuilding for Urban & Waters Topics: L iving; Man & the Biosphere DU, Sludent Union Bililroom Pollution; Quality of Life; Ecology; Population; Resources; Keynote Address 3:00- Air Pollution Technology; Direction & Action 8 00 p.m. Syria Mosque Speakers: Kenneth Boulding - I nst. of 5:30 Lectures & Slides : List of Sponsors: Behavioral Sciences, Univ. -
Westinghouse Memorial City of Pittsburgh Historic Landmark Nomination
“Untitled Photograph,” Carnegie Mellon University Architecture Archives. Westinghouse Memorial City of Pittsburgh Historic Landmark Nomination Prepared by Preservation Pittsburgh 412.256.8755 1501 Reedsdale St., Suite 5003 October, 2018. Pittsbu rgh, PA 15233 www.preservationpgh.org HISTORIC REVIEW COMMISSION Division of Development Administration and Review City of Pittsburgh, Department of City Planning 200 Ross Street, Third Floor Pittsburgh, Pennsylvania 15219 INDIVIDUAL PROPERTY HISTORIC NOMINATION FORM Fee Schedule HRC Staff Use Only Please make check payable to Treasurer, City of Pittsburgh Date Received: .................................................. Individual Landmark Nomination: $100.00 Parcel No.: ........................................................ District Nomination: $250.00 Ward: ................................................................ Zoning Classification: ....................................... 1. HISTORIC NAME OF PROPERTY: Bldg. Inspector: ................................................. Council District: ................................................ Westinghouse Memorial 2. CURRENT NAME OF PROPERTY: Westinghouse Memorial 3. LOCATION a. Street: W Circuit Rd. b. City, State, Zip Code: , Pittsburgh, Pa. 15217 c. Neighborhood: Schenley Park 4. OWNERSHIP d. Owner(s): City of Pittsburgh e. Street: 414 Grant St. f. City, State, Zip Code: Pittsburgh, Pa. 15219 Phone: (412) 255-2626 5. CLASSIFICATION AND USE – Check all that apply Type Ownership Current Use: Structure Private – home Memorial District Private -
Still on the Road Venue Index 1956 – 2016
STILL ON THE ROAD VENUE INDEX 1956 – 2016 STILL ON THE ROAD VENUE INDEX 1956-2016 2 Top Ten Concert Venues 1. Fox Warfield Theatre, San Francisco, California 28 2. The Beacon Theatre, New York City, New York 24 3. Madison Square Garden, New York City, New York 20 4. Nippon Budokan Hall, Tokyo, Japan 15 5. Hammersmith Odeon, London, England 14 Royal Albert Hall, London, England 14 Vorst Nationaal, Brussels, Belgium 14 6. Earls Court, London, England 12 Jones Beach Theater, Jones Beach State Park, Wantagh, New York 12 The Pantages Theater, Hollywood, Los Angeles, California 12 Wembley Arena, London, England 12 Top Ten Studios 1. Studio A, Columbia Recording Studios, New York City, New York 27 2. Studio A, Power Station, New York City, New York 26 3. Rundown Studios, Santa Monica, California 25 4. Columbia Music Row Studios, Nashville, Tennessee 16 5. Studio E, Columbia Recording Studios, New York City, New York 14 6. Cherokee Studio, Hollywood, Los Angeles, California 13 Columbia Studio A, Nashville, Tennessee 13 7. Witmark Studio, New York City, New York 12 8. Muscle Shoals Sound Studio, Sheffield, Alabama 11 Skyline Recording Studios, Topanga Park, California 11 The Studio, New Orleans, Louisiana 11 Number of different names in this index: 2222 10 February 2017 STILL ON THE ROAD VENUE INDEX 1956-2016 3 1st Bank Center, Broomfield, Colorado 2012 (2) 34490 34500 30th Street Studio, Columbia Recording Studios, New York City, New York 1964 (1) 00775 40-acre North Forty Field, Fort Worth Stockyards, Fort Worth, Texas 2005 (1) 27470 75th Street,