January – March

Total Page:16

File Type:pdf, Size:1020Kb

January – March Great Neck L ibrary Volume 30, Number 1 Quarterly Newsletter January/February/March 2012 B oo B k S oo ale R E a T E c k I b R a R y B k S es/ G R E a T N E c k L I b R a R y P R E S E N T S O u R L I T E R a R y E v E N T S ook ign A k R ing uth aff gs/ ors les s@ at GN al Authors@GNL L E l Authors@GNL Eve nts Joe Nocera, author of Lucette Lagnado, author of Allll the Deviills Are Here: The Hiidden Hiistory The Arrogant Years: One Giirll’s Search for of the Fiinanciiall Criisiis Her Lost Youth, from Caiiro to Brookllyn Sunday, January 15 at 2 pm Sunday, March 11 at 2 pm ave you ever wanted to ask a real or n in Cairo, journalist and expert what caused the current memoirist Lucette Lagnado H financial crisis? Well, Joe Nocera B and her family were forced tBo flee Egypt as refugees when iHs just that expert. Nocera's latest book is All the Devils Are Here: The Hidden she was a small child, eventually History of the Financial Crisis, which coming to New York. he co-wrote with Bethany McLean In her memoir, The Arrogant Years (author of The Smartest Guys in the Room ). Lucette Lagnado tells the story All The Devils Are Here follows the financial about “... her torn allegiances as a meltdown of 2008 from its precedents, both an Egyptian Jew growing up in k o America in the 1960s and ‘70s and z through its causes, major events, shock waves, and results, short and long S n the youngest daughter of unhappily y term. What got us where we are today? Was it the volatile real estate market, r h t the reliance of banks on complex and unstable financial instruments, married parents.” Ms. Lagnado a K government policy, sheer folly, the repeal of the Glass–Steagall Act, greedy writes with great affection and y b o Wall Street investors, or too many homeowners who never should have compassion for her mother, and she t o h gotten mortgages in the first place? Joe will discuss how the perfect storm of describes displacement and the p greed, opportunity, bad policy and undue influence led to the standard use of urgency of memory. Writing in the mortgage backed securities, the collapse of Merrill Lynch, the Troubled Asset New York Times, reviewer Alana Newhouse called The Arrogant Years “a Relief Program and all those billions in bailouts. AIG, Fannie Mae and paragon of memoir writing, a story about the complex swirl of people and Freddie Mac, Alan Greenspan, Ben Bernanke, Hank Paulson, Goldman Sachs, events and forces out of which individual lives are made.” predatory lenders, under-capitalized banks, real estate speculators, and many Lucette Lagnado is the author of The Man in the White Sharkskin Suit, American homeowners - all the devils are here. for which she received the Sami Rohr Prize for Jewish Literature in 2008. Joe will talk about All the Devils … and his other writings, answer your The recipient of Columbia University’s prestigious Mike Berger Award for questions about the financial crisis, sign copies of his book, and maybe even her reporting about the elderly residents of the Belnord, a fabled West Side make some predictions about what lies ahead in the realm of U.S. and apartment building, she is also the coauthor of Children of the Flames: world finance. Don’t miss this chance to find out what’s really been going on Dr. Mengele and the Untold Story of the Twins of Auschwitz, which has been with the economy for the past decade. Joe Nocera has been a venerated translated into nearly a dozen foreign languages. investigative journalist for over 20 years. He is a New York Times columnist, a The author will discuss her new book and sign copies at the event. regular guest on The Daily Show with Jon Stewart, a frequent contributor to NPR and WNYC, and a former editor at Fortune and Newsweek . e! s Insid What’ An Eveniing wiith Locall Author & Teacher Library News: Board President’s Column; Nominating Committee Riichard Ehrlliich Candidate Search; E-Reader Help; Teen Scene (Young Adults) Page 2 Tuesday, March 13 at 7:30 pm Library Events Calendar: January - March Pages 3 - 6 Richard Ehrlich, a Great Neck South High School English teacher since 1997, will read Levels Te en Center: (7th grade to from his recently published book, A Little Consideration . The book, a compilation of college age) & Junior L evels th th Pages 7 - 8 autobiographical vignettes, is published by Author House. Ehrlich started writing the book in (5 to 6 grade) 1991, “not really planning a book…just writing for myself. But after writing at least a story a Kids’ World Winter/Spring : year, I realized that they might be interesting to other people.” Storytimes Page 9 Main Library & School Vacation Ehrlich’s strongest essays tap into the power of Jewish rituals. His ancestors emigrated from Fun Pages 9 - 11 ; Poland and made a life for themselves in Long Beach, New York; their journey is never far Fun at the Branches Page 11 from his mind. He allows the reader to share his memories of gathering palms for the Jewish holiday of Sukkot and wearing Community Help @GNL: his father’s prayer shawl. “Everything we do becomes part of our life tapestry,” he writes. Richard Ehrlich published his Defensive Driving Classes; book in the summer of 2011. It is a collection of sixty-six autobiographical vignettes, the first of which was written in 1991. Tax Prep Assistance; The stories cover a wide range of topics but their common denominator is the pursuit of truth, of personal and societal Free Hearing Screenings, growth. The author will sign copies of the book at the event where books will be available for $15.00. E-mail Notification Page 12 LLLiiibbbrrraaarrryyy NNNEEEWWWSSS a Message from the board TTeeenn SSccennee President, Janet Esagoff FEbRuaRy vacaTION PROGRaMS The cold weather is finally here, after a long SPEEd daTING – L IbRaRy STyLE stretch of beautiful fall temperatures atypical for Tuesday, February 21 at Maiin Liibrary our area. Now more than ever it is time to Wednesday, February 22 at Parkviilllle branch “nest-in” and enjoy the wonderful resources of from 4 - 5 pm, for teens iin grades 7 – 12 the Great Neck Library and “tuck-in” with a great read or by enjoying our fine programs Spend a few minutes “getting to know” a new Young Adult book, then featured at the various locations. move on to more books. Keep track of the books that you would like to Notwithstanding the chill in the air, activities “see more of” in the reading log that you will receive at the start of the of the Board and Library administration are program. Registration starts on Monday, January 30 at 9 am from the Program just warming up. Given the results of the Registration link on our homepage www.greatnecklibrary.org. Teen’s own Library referendum, we are “back to the drawing board” card is required to register. with the hopes of keeping the momentum of our Main Building renovation campaign ongoing. As ever, we hope to keep our public babySITTER TRaINING cLaSS “tuned-in” and motivated to continue their engagement with all the Monday, March 5 at Maiin Liibrary decision-making that lies ahead. from 5:30-8:30 pm, f or teens iin grades 7 – 12 To that end, the Board decided in November to form an Advisory Committee comprised of 4 patrons, 4 local building and design experts, Be the best babysitter on the block with training in infant and child care. 4 trustees, 2 staff members and the Director to discuss and deliberate on Plus, you’ll gain the confidence you need to make smart decisions and stay how best to proceed. Whatever side of the referendum issue, it appears safe in any babysitting situation. This three hour course is fun, and fast that the great majority of Great Neck residents agree—the Main paced with hands-on activities, role-playing, and lively discussions. Each Building of the Great Neck Library is in dire need of rehabilitation, participant will receive a course completion certificate. Limited registration renovation and modernization for the benefit and safety of our dear starts on Monday, February 13 at 9 am from the Program Registration link patrons and loyal staff. on our homepage www.greatnecklibrary.org. Teen’s own Library card is The question of physical “requirements” of the Main Library has required to register. The class is funded with the generous support of the Adolf been a hotbed issue in the past, with expansion or even a modernization and Aida Snow Endowment. of the facilities questioned by many. We must re-examine the program is your online resource for all things Young Adult at needs of our Library so they continue to be responsive to our particular Teen Pages the Library: program information and registration, book reviews by Great community. Many of our patrons think we need to invest in the Neck Teens, book suggestions, and much more. Click on the Teen Pages physical building, in whatever capacity, while some may question the link from the Great Neck Library homepage. need for any libraries in our future, given the digital era. I can assure you that the need for libraries, as much more than repositories for books The Teens’ Top Ten 2011 is a list of favorite books and “stuff” will continue to be a vital and necessary part of every voted on by teens across the country.
Recommended publications
  • Winter 2021 January – April BLOOMSBURY PUBLISHING JANUARY 2021
    BLOOMSBURY Winter 2021 January – April BLOOMSBURY PUBLISHING JANUARY 2021 A Court of Silver Flames Sarah J. Maas The fourth book in the Court of Thorns and Roses series from #1 global bestseller Sarah J. Maas. The fourth book in the Court of Thorns and Roses series from #1 global bestseller Sarah J. Maas. PRAISE for ACOTAR "Simply dazzles." —Booklist, starred review "Passionate, violent, sexy and daring . A true page-turner." —USA Today "Suspense, romance, intrigue and action. This is not a book to be missed!" FICTION / FANTASY / ROMANTIC —HuffPost Bloomsbury Publishing | 1/26/2021 "Vicious and intoxicating . A dazzling world, complex characters, and sizzling 9781681196282 | $28.00 / $38.00 Can. romance." —RT Book Reviews, Top Pick Hardcover with dust jacket | 648 pages 9.3 in H | 6.1 in W "A sexy, action-packed fairy tale." —Bustle for ACOMAF "Fiercely romantic, irresistibly sexy and hypnotically magical. A veritable feast for the senses." —USA Today MARKETING Major prepublication buzz-building "Hits the spot for fans of dark, lush, sexy fantasy." —Kirkus Reviews campaign starting 8 months prepub "An immersive, satisfying read." —PW Social media campaign to include title and "Darkly sexy and thrilling." —Bustle cover reveals, sneak peaks, character quotes, animated trailer and more for ACOWAR Exclusive swag item available at NY "Fast... ComicCon 2020 Global preorder offer launching several months before publication SARAH J. MAAS is the #1 New York Times and internationally bestselling author of the Court of YouTube live author appearances teasing Thorns and Roses and the Crescent City series, as well as the Throne of Glass series.
    [Show full text]
  • Capitalism and Risk: Concepts, Consequences, and Ideologies Edward A
    digitalcommons.nyls.edu Faculty Scholarship Articles & Chapters 2016 Capitalism and Risk: Concepts, Consequences, and Ideologies Edward A. Purcell New York Law School Follow this and additional works at: http://digitalcommons.nyls.edu/fac_articles_chapters Part of the Consumer Protection Law Commons, and the Law and Economics Commons Recommended Citation 64 Buff. L. Rev. 23 (2016) This Article is brought to you for free and open access by the Faculty Scholarship at DigitalCommons@NYLS. It has been accepted for inclusion in Articles & Chapters by an authorized administrator of DigitalCommons@NYLS. Capitalism and Risk: Concepts, Consequences, and Ideologies EDWARD A. PURCELL, JR.t INTRODUCTION Politically charged claims about both "capitalism" and "risk" became increasingly insistent in the late twentieth century. The end of the post-World War II boom in the 1970s and the subsequent breakup of the Soviet Union inspired fervent new commitments to capitalist ideas and institutions. At the same time structural changes in the American economy and expanded industrial development across the globe generated sharpening anxieties about the risks that those changes entailed. One result was an outpouring of roseate claims about capitalism and its ability to control those risks, including the use of new techniques of "risk management" to tame financial uncertainties and guarantee stability and prosperity. Despite assurances, however, recent decades have shown many of those claims to be overblown, if not misleading or entirely ill-founded. Thus, the time seems ripe to review some of our most basic economic ideas and, in doing so, reflect on what we might learn from past centuries about the nature of both "capitalism" and "risk," the relationship between the two, and their interactions and consequences in contemporary America.
    [Show full text]
  • The Global Financial Crisis and Proposed Regulatory Reform Randall D
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Brigham Young University Law School BYU Law Review Volume 2010 | Issue 2 Article 9 5-1-2010 The Global Financial Crisis and Proposed Regulatory Reform Randall D. Guynn Follow this and additional works at: https://digitalcommons.law.byu.edu/lawreview Part of the Banking and Finance Law Commons Recommended Citation Randall D. Guynn, The Global Financial Crisis and Proposed Regulatory Reform, 2010 BYU L. Rev. 421 (2010). Available at: https://digitalcommons.law.byu.edu/lawreview/vol2010/iss2/9 This Article is brought to you for free and open access by the Brigham Young University Law Review at BYU Law Digital Commons. It has been accepted for inclusion in BYU Law Review by an authorized editor of BYU Law Digital Commons. For more information, please contact [email protected]. DO NOT DELETE 4/26/2010 8:05 PM The Global Financial Crisis and Proposed Regulatory Reform Randall D. Guynn The U.S. real estate bubble that popped in 2007 launched a sort of impersonal chevauchée1 that randomly destroyed trillions of dollars of value for nearly a year. It culminated in a worldwide financial panic during September and October of 2008.2 The most serious recession since the Great Depression followed.3 Central banks and governments throughout the world responded by flooding the markets with money and other liquidity, reducing interest rates, nationalizing or providing extraordinary assistance to major financial institutions, increasing government spending, and taking other creative steps to provide financial assistance to the markets.4 Only recently have markets begun to stabilize, but they remain fragile, like a man balancing on one leg.5 The United States and other governments have responded to the financial crisis by proposing the broadest set of regulatory reforms Partner and Head of the Financial Institutions Group, Davis Polk & Wardwell LLP, New York, New York.
    [Show full text]
  • FIST STICK KNIFE GUN a Personal History of Violence Author Website: by Geoffrey Canada
    Academic Marketing Dept. • 1745 Broadway • New York, NY 10019 Random House, Inc. Tel: 212-782-8482 • Fax: 212-782-8915 • ) [email protected] CONTENTS FEaturEd titlEs subjEct catEgoriEs THE OXFORD PROJECT By Stephen G. Bloom and Peter Feldstein ............................2–3 CULTURAL / ETHNIC STUDIES THE SOCIAL ANIMAL By David Brooks ......................................................................4–5 Anthropology ................................................................................................................34 FIST, STICK, KNIFE, GUN By Geoffrey Canada ..........................................................6–7 American Studies ....................................................................................................34–35 HOLLOWING OUT THE MIDDLE By Patrick J. Carr and Maria J. Kefalas ....................8–9 Ethnomusicology ..........................................................................................................35 I DON’T WISH NOBODY TO HAVE A LIFE LIKE MINE By David Chura ................10–11 African / African American Studies ..........................................................................35–36 THE AGE OF EMPATHY By Frans de Waal ..............................................................12–13 Asian Studies..................................................................................................................36 OCCULT AMERICA By Mitch Horowitz....................................................................14–15 Latino / Latina Studies....................................................................................................36
    [Show full text]
  • 4Th Annual Honors Lecture of the Year Tuesday, February 7, 2012 7:00Pm ASU Student Union Auditorium
    Honors Lecture 4th Annual Honors Lecture of the Year Tuesday, February 7, 2012 7:00pm ASU Student Union Auditorium Event Co-Sponsors Platinum ASU Lecture-Concert Series Gold “Half my life ago, I killed a girl.” In this powerful, The Honors College unforgettable memoir, acclaimed novelist Darin Strauss The Graduate School recounts a tragedy and its aftermath. In his last month of College of Business high school, just after turning eighteen, Strauss is behind College of Communications the wheel of his father's Oldsmobile, driving with friends—having “thoughts of mini-golf, another thought College of Education of maybe just going to the beach.” Then out of the blue: College of Fine Arts a collision that results in the death of a bicycling College of Humanities & Social Sciences classmate that shadows the rest of his life. In spare and College of Nursing & Health Professions piercing prose, Darin Strauss explores loss and guilt, College of Sciences & Mathematics maturity and accountability, hope and acceptance—and the result is a staggering, uplifting tour de force. Continuing Education & Community Outreach Dean B. Ellis Library A recipient of the Guggenheim Fellowship and a winner Student Government Association (SGA) Action Fund of the American Library Association's Alix Award and The Silver National Book Critics Circle Award, the internationally- The Honors College Association (HCA) bestselling writer Darin Strauss is the author of the novels “Chang & Eng,” “The Real McCoy,” and “More College of Agriculture & Technology Than It Hurts You,” and the NBCC-winning memoir “Half College of Engineering a Life.” These have been New York Times Notable Books, Newsweek, Los Angeles Times, San Francisco Chronicle, Amazon, Chicago Tribune, and NPR Best Books of the Year, among others.
    [Show full text]
  • After the Meltdown
    Tulsa Law Review Volume 45 Issue 3 Regulation and Recession: Causes, Effects, and Solutions for Financial Crises Spring 2010 After the Meltdown Daniel J. Morrissey Follow this and additional works at: https://digitalcommons.law.utulsa.edu/tlr Part of the Law Commons Recommended Citation Daniel J. Morrissey, After the Meltdown, 45 Tulsa L. Rev. 393 (2013). Available at: https://digitalcommons.law.utulsa.edu/tlr/vol45/iss3/2 This Article is brought to you for free and open access by TU Law Digital Commons. It has been accepted for inclusion in Tulsa Law Review by an authorized editor of TU Law Digital Commons. For more information, please contact [email protected]. Morrissey: After the Meltdown AFTER THE MELTDOWN Daniel J. Morrissey* We will not go back to the days of reckless behavior and unchecked excess that was at the heart of this crisis, where too many were motivated only by the appetite for quick kills and bloated bonuses. -President Barack Obamal The window of opportunityfor reform will not be open for long .... -Princeton Economist Hyun Song Shin 2 I. INTRODUCTION: THE MELTDOWN A. How it Happened One year after the financial markets collapsed, President Obama served notice on Wall Street that society would no longer tolerate the corrupt business practices that had almost destroyed the world's economy. 3 In "an era of rapacious capitalists and heedless self-indulgence," 4 an "ingenious elite" 5 set up a credit regime based on improvident * A.B., J.D., Georgetown University; Professor and Former Dean, Gonzaga University School of Law. This article is dedicated to Professor Tom Holland, a committed legal educator and a great friend to the author.
    [Show full text]
  • Americans for Tax Fairness Selected Opinion Pieces on Corporate Inversions
    AMERICANS FOR TAX FAIRNESS SELECTED OPINION PIECES ON CORPORATE INVERSIONS As of October 1, 2014 NATIONAL Fortune – Positively un-American Tax Dodgers, Allan Sloan, July 7, 2014 “Undermining the finances of the federal government by inverting helps undermine our economy. And that’s a bad thing, in the long run, for companies that do business in America.” Fortune – Foreign Tax Ploys Raise a Question: What is an American Company?, Allan Sloan, June 2, 2014 “But in the past few years, as the world has become more global and other countries have cut their corporate rates, a new exodus wave has started. ‘For the past 20 years, there’s been an arms race between the companies on the one hand and the IRS and Congress on the other, and the companies always seem to come up with better weapons,’ says tax expert Bob Willens.” The New York Times – Cracking Down on Corporate Tax Games, The Editorial Board, September 23, 2014 “New rules from the Treasury Department[2] are likely to slow the offensive practice that allows American companies to avoid taxes by merging with foreign rivals. Known as corporate inversions, these are complex, modern variations on the practices of yesteryear, when companies dodged their taxes by moving their addresses to post office boxes in the Caribbean.” The New York Times – At Walgreen, Renouncing Corporate Citizenship, Andrew Ross Sorkin, June 30, 2014 “In Walgreen’s case, an inversion would be an affront to United States taxpayers. The company, which also owns the Duane Reade chain in New York, reaps almost a quarter of
    [Show full text]
  • April 2011 Quarterly Program Topic Report Category: Abortion NOLA: MLNH 010002 Series Title: PBS Newshour Length
    April 2011 Quarterly Program Topic Report Category: Abortion NOLA: MLNH 010002 Series Title: PBS NewsHour Length: 60 minutes Airdate: 4/8/2011 6:00:00 PM Service: PBS Format: News Segment Length: 00:10:09 Budget Battle Lines Drawn Over Spending, Planned Parenthood as Shutdown Nears: Federal agencies prepared for a shutdown as negotiators struggled to reach a budget compromise. Jeffrey Brown discusses the latest on the budget talks with Todd Zwillich, Washington correspondent for WNYC radio. Category: Abortion NOLA: MLNH 010015 Series Title: PBS NewsHour Length: 60 minutes Airdate: 4/27/2011 6:00:00 PM Service: PBS Format: News Segment Length: 00:07:47 Budget Battles Reignite Animosity Between Congress, D.C. Government: Kwame Holman reports on the historically tense relations between Congress and the District of Columbia's residents and local politicians. The two worlds collided recently when Congress and President Obama reached a budget agreement in part through provisions affecting abortion services and private- school voucher programs in D.C. Category: Aging NOLA: MLNH 010000 Series Title: PBS NewsHour Length: 60 minutes Airdate: 4/6/2011 6:00:00 PM Service: PBS Format: News Segment Length: 00:06:55 Estrogen Study Lead Researcher on Risks, Benefits of Hormone-Replacement Therapy: Once a popular treatment for menopause symptoms, hormone- replacement therapy had come under scrutiny for raising the risk of certain diseases, but a new study found a reduced risk of breast cancer and other benefits for some women. Jeffrey Brown discusses the latest findings with Dr. Andrea LaCroix, the study's lead author. Category: Aging NOLA: NBRT 030214 Series Title: Nightly Business Report Length: 30 minutes Airdate: 4/28/2011 5:30:00 PM Service: PBS Format: Magazine Segment Length: 00:00:00 Baby Boomers are Working Longer; Baby Boomers, Retirement, and Inheritance; NYSE Says No to Merger Bids; Demand for Nuclear Energy Rises; Preview of Berkshire Hathaway Shareholder Meeting; US Economy Slows in First Quarter; Market Focus with Tom Hudson; Market Stats for April 28, 2011.
    [Show full text]
  • A Business Lawyer's Bibliography: Books Every Dealmaker Should Read
    585 A Business Lawyer’s Bibliography: Books Every Dealmaker Should Read Robert C. Illig Introduction There exists today in America’s libraries and bookstores a superb if underappreciated resource for those interested in teaching or learning about business law. Academic historians and contemporary financial journalists have amassed a huge and varied collection of books that tell the story of how, why and for whom our modern business world operates. For those not currently on the front line of legal practice, these books offer a quick and meaningful way in. They help the reader obtain something not included in the typical three-year tour of the law school classroom—a sense of the context of our practice. Although the typical law school curriculum places an appropriately heavy emphasis on theory and doctrine, the importance of a solid grounding in context should not be underestimated. The best business lawyers provide not only legal analysis and deal execution. We offer wisdom and counsel. When we cast ourselves in the role of technocrats, as Ronald Gilson would have us do, we allow our advice to be defined downward and ultimately commoditized.1 Yet the best of us strive to be much more than legal engineers, and our advice much more than a mere commodity. When we master context, we rise to the level of counselors—purveyors of judgment, caution and insight. The question, then, for young attorneys or those who lack experience in a particular field is how best to attain the prudence and judgment that are the promise of our profession. For some, insight is gained through youthful immersion in a family business or other enterprise or experience.
    [Show full text]
  • Author Event for NYC Educators
    You are Invited to the Fourth Annual Author Event Academic Resources for NYC Educators FRIDAY, JUNE 29, 2012 from Noon–3:00pm (A Free Lunch will be served starting at 12 noon. The event will start promptly at 12:30 PM.) RANDOM HOUSE, INC. FEATURING: 1745 Broadway, N.Y., N.Y. (between W. 55th and W. 56th Streets) A SPECIAL PRESENTATION on the Come hear these authors speak and get a FREE copy of each of their books. COMMON CORE STANDARDS by FREE Event. Space is limited. To RSVP, email [email protected] For information about author school visits, contact [email protected] JULIE OTSUKA SAM BRACKEN THE BUDDHA IN THE AttIC MY ORANGE DUFFEL BAG Winner of the PEN/Faulkner Award for Fiction A Journey to Radical Change National Book Award Finalist Winner of the National Indie Los Angeles Times Book Prize Finalist Excellence Book Award A New York Times Notable Book Benjamin Franklin Book Award Silver Medalist tour de force of economy and A precision, Julie Otsuka’s long awaited n this graphic mini-memoir combined follow-up to When the Emperor Was Divine Iwith transformational self-help, Sam tells the story of a group of young women Bracken shares his harrowing personal brought over from Japan to San Francisco journey from an abusive childhood as “picture brides” nearly a century ago. to the successful life he leads today. He also shows students how they can “Exquisitely written. An understated turn their lives around by sharing his rules for the road: everything masterpiece. Destined to endure.” he learned about radically changing his life and how anyone can —SAN FRANCISCO CHRONICLE create positive, lasting change.
    [Show full text]
  • Subprime Bailouts and the Predatory State. Steven A
    Loyola University Chicago, School of Law LAW eCommons Faculty Publications & Other Works 2009 Subprime Bailouts and the Predatory State. Steven A. Ramirez Loyola University Chicago, [email protected] Follow this and additional works at: http://lawecommons.luc.edu/facpubs Part of the Housing Law Commons Recommended Citation Ramirez, Steven, Subprime Bailouts and the Predatory State, 35 U. Dayton L. R. 81 (2009) This Article is brought to you for free and open access by LAW eCommons. It has been accepted for inclusion in Faculty Publications & Other Works by an authorized administrator of LAW eCommons. For more information, please contact [email protected]. SUBPRIME BAILOUTS AND THE PREDATOR STATE Steven A. Ramirez INTRODUCTION According to Senator Dick Durbin, the Senate Majority Whip, the banking industry is the "most powerful lobby" in Congress and "they frankly own the place."' Congressman Collin C. Peterson, the chair of the House Agriculture Committee, maintains that derivatives regulation is problematic in Congress because "[t]he banks run the place."2 President Obama pledged that his administration would include no lobbyists, and then promptly waived his own new rules so that a former Goldman Sachs lobbyist could be the Chief of Staff for the Secretary of the Treasury. In the election of 2008 the banking and investment banking industry contributed to both the Democratic and Republican candidates: according to Opensecrets.org, Senator John McCain's top five campaign contributors were all large financial institutions. 4 President Barack
    [Show full text]
  • College Sports Reform: a View of the Likely End Game Via Four Related Commentaries
    College Sports Reform: A View of the Likely End Game via Four Related Commentaries It’s Time to Expose the Big Lie Congress has been reluctant to strip the NCAA and its member universities of their tax-exempt status and so help limit the seemingly uncontrolled growth of professionalized big-time college sports entertainment. Striking Parallels of Abuse A follow up on previous commentaries on Penn State points out the striking parallels between the sexual abuse scandal at Penn State and in the many such scandals in the Catholic Church. The Tainted Glory of College Sports On the motivation behind Sonny Vaccaro’s endorsement of David Ridpath’s book, Tainted Glory, and the antitrust lawsuits against the NCAA while again pointing out the need for corrective action in the world of college sports. On Taxing College Sports Related Revenues On why questionable tax breaks—treated as entitlements by the NCAA and its member institutions—go unchallenged by the federal government and what lies ahead By Dr. Frank G. Splitt FutureVectors, Inc. Mount Prospect, IL December 31, 2012 CONTENTS PREFACE IT’S TIME TO EXPOSE THE BIG LIE……………………………………………………1 STRIKING PARALLELS OF ABUSE…………………………………………………….2 THE TAINTED GLORY OF COLLEGE SPORTS………………………………………..4 ON TAXING COLLEGE SPORTS RELATED REVENUES…………………………… 6 ACKNOWLEDGEMENTS……………………………………………………………….10 THE AUTHOR……………………………………………………………………… ……11 Perhaps the sentiments contained in these pages are not yet sufficiently fashionable to procure them general favour; a long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a formidable outcry in defense of custom. But the tumult soon subsides.
    [Show full text]