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Inside job: banks & academia

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Ewald Engelen, the financialisation of higher education, Maagdenhuis Amsterdam. Securitization, risk management, and the new university. Talk delivered by Amanda Armstrong at the 2015 MLA Subconference.

Securitization, risk management, and the new university

Vancouver, B.C. /Coast Salish Territory. 1/9/15. The germ for this presentation emerged as I was reading Ruth Wilson Gilmore’s Golden Gulag. Her second chapter argues that the prison construction boom in 1980s California was a response, on the part of those managing capital and governing the state, to four surpluses, including of capital, labor, land, and state capacity. With respect to capital surpluses, Gilmore shows how investment bankers, in search of profitable sites of investment, developed new financial mechanisms in the early eighties that enabled debt-financed prison construction to go forward without voter approval. Inside Job. DOCUMENTAL INSIDE JOB. Conflict of interest.

The presence of a conflict of interest is independent of the occurrence of impropriety.

Conflict of interest

Therefore, a conflict of interest can be discovered and voluntarily defused before any corruption occurs. A widely used definition is: "A conflict of interest is a set of circumstances that creates a risk that professional judgement or actions regarding a primary interest will be unduly influenced by a secondary interest. Insider trading.

The authors of one study claim that illegal insider trading raises the cost of capital for securities issuers, thus decreasing overall economic growth.[1] However, some economists have argued that insider trading should be allowed and could, in fact, benefit markets.[2] Noted economist Milton Friedman has been quoted as saying "You want more insider trading, not less".[3] Trading by specific insiders, such as employees, is commonly permitted as long as it does not rely on material information not in the public domain.

Insider trading

However most jurisdictions require such trading be reported so that these can be monitored. In the United States and several other jurisdictions, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. The rules around insider trading are complex and vary significantly from country to country and enforcement is mixed.

THE: Cash converters. 4 Disturbing Ways Big Banks Have Turned Colleges Into Money-Grubbing Institutions. Photo Credit: zimmytws via October 3, 2012 | Like this article?

4 Disturbing Ways Big Banks Have Turned Colleges Into Money-Grubbing Institutions

Join our email list: Stay up to date with the latest headlines via email. Goldman Sachs and the privatisation of the university. In a posting on Pearson and the privatisation of academic labour I noted that the acceleration of privatisation inside and against the higher education sector was re-structuring universities as: an architecture is opened-up that threatens the public funding, regulation and governance of HE.

Goldman Sachs and the privatisation of the university

The Scholars Who Shill for Wall Street. Academics get paid by financial firms to testify against Dodd-Frank regulations.

The Scholars Who Shill for Wall Street

What’s wrong with this picture? Professor Todd Zywicki is vying to be the toughest critic of the Consumer Financial Protection Bureau, the new agency set up by the landmark Dodd-Frank financial reform law to monitor predatory lending practices. Hoe universiteiten bankiertje gingen spelen. De universiteit gaat ten onder aan excellentie. Open access and MOOCs: follow the money. February 27, 2013, by Warren Pearce Open access and MOOCs: follow the money This is a guest blog written by John Holmwood, member of the Leverhulme Making Science Public programme, and founding member of the Campaign for the Public University.

Open access and MOOCs: follow the money

CFPB ~ Consumer Financial Protection Bureau

Todd Zywicki. LSvB: Lieve Raad van Toezicht. 14 februari 2014 - De LSVb is verliefd.

LSvB: Lieve Raad van Toezicht

EM: de universitaire schreeuw om financiële ethiek. Roger Brown / Helen Carasso "Everything for Sale ? " Andrew McGettigan - The Great University Gamble. Inside job - ??interweaving academia & big finance ??? Billionaires secrettly undermining Public Education. Derivatives providers undermining public education.

Cambridge launches its own bank. Uni's investing IN student loan companies.

VUB - obligatie uitgifte genoteerd Alternext niet-gereglementeer

Student Loans - Banking, Insurance & 529 Plans - Sallie Mae. After the money… Harvard Corporation elects venture capitalist James W. Breyer. Venture capitalist James W.

Harvard Corporation elects venture capitalist James W. Breyer

Breyer, M.B.A. ’87, a partner at Accel Partners, has been elected a fellow of the Harvard Corporation, the University’s senior governing board. In the news announcement, President Drew Faust and senior fellow Robert D. College Students: Your School Is Pimping You Out to a Bank. High schools really, really need to begin teaching fundamental consumer economics, including the proper use of credit and and how it can help/hurt you in the long term.

College Students: Your School Is Pimping You Out to a Bank

The best thing that can be done is to educate kids early on exactly what credit, loans and banking can to for them, because even slight missteps early on can ruin your life for many years to come. I don't mean some comprehensive class on economic theory that nobody will pay attention to, just the really critical, practical stuff, like explaining how credit scores/ratings work, what interest rates are, and how debt can either help you or hurt you. Professor Timothy P. McCarthy at the first General Asembly of #OccupyHarvard Nov 9 2011 8.04pm 2/2.

Paul Frentrop

De Duitsers zijn de baas op de Amsterdamse Zuidas. Ieder zichzelf respecterend advocatenkantoor zit er, net zoals banken als ABN Amro en buitenlandse bedrijven als Renault Nissan en binnenkort ook Chanel. De kantoortorens van de Amsterdamse Zuidas vormen hét zakenhart van Nederland. Univers: follow the money at Tilburg University. Top universities opt for public bonds to plug the funding gap. With universities struggling to maintain student numbers and find new sources of funding, the latest report from the Higher Education Funding Council for England (Hefce) doesn't make the landscape any cheerier.

It highlights significant financial challenges for the higher education sector in 2013-14 that will demand a more innovative approach to raising money. Among these are further public spending cuts and a rise in the cost of borrowing. Innovate now or risk being left behind. Private mega-investering in studenten werving Transfer. Ewaldeng : twee fiscalisten van de uva... Ewaldeng : wat doet een Centre for Tax... UvA - ACTL - Amsterdam Centre for Tax Law. Cambridge: Centre for Tax Law - Centre for Tax Law. Harvard: Tax Law Faculty. UvM : About MCT.

Enterprise Meeting Management. We cordially invite you to attend the Department for Business Innovation & Skills, Universities UK and Goldman Sachs Higher Education and Technology Symposium. The symposium will take place on Thursday 29 November 2012 at the Goldman Sachs Offices, River Court, 120 Fleet Street, London EC4A 2BE. The theme of the symposium is Innovation in Higher Education: Technology, Online Learning and the Future of Higher Education. The Rt Hon David Willetts MP, Minister for Universities and Science, with the support of Goldman Sachs and Universities UK, will be hosting a set of panel discussions with the founders of select US higher education technology companies to discuss recent industry dynamics with the UK's universities. Higher Education and Technology Symposium agenda. Municipal Finance - Higher Education and Nonprofit Institutions. Willetts seeks private finance for overseas expansion. The universities and science minister has appealed to private investors to support overseas expansion for UK universities and stated that investment bank Goldman Sachs is “keen to investigate this possibility”.

David Willetts delivered a speech on international higher education at the Goldman Sachs-Stanford University Global Education Conference on 20 June. His call for universities to seek alternative financing for expansion overseas comes amid a drive for every government department to identify sources of economic growth. The minister is also seeking ways for UK universities to maximise the number of overseas students they teach abroad. The government’s tougher immigration controls threaten to cut the number of students able to enter the UK for study at universities. Margin Call : Column Arjen Kleinherenbrink - Ken je plek.

Film & debatMargin Call. De menselijke kant van de crisisDonderdag 27 september 2012, 19.00 - 21.45 uur, Collegezalencomplex Radboud Universiteit NijmegenSoeterbeeck Programma. Chinese funding Florida charter schools. Education articles blog on schools in Florida & Tampa Bay: the Gradebook. When is a charter school not really about schooling at all? When it's seen as an investment tool, with the primary objective of winning green cards into the United States. No, this isn't some oddball joke with a bad punch line. It's the true story of some Chinese investors who want entry into the country and found that money greases the skids. Questions over Cambridge’s cosiness with Oman. The University of Cambridge is to host a seminar for professors whose academic chairs are financed by the Sultan of Oman, it has been announced, despite the country's dubious and steadily deteriorating human rights record.

The seminar, scheduled for 13-14th November and titled ‘Cutting-edge Contributions to Middle Eastern Studies', will be held in collaboration with Oman's Sultan Qaboos University and include papers by the holders of the academic posts which it finances. Oman may only be home to some three million people, but the country's wealth, and the power of its ruler, Sultan Qaboos bin Said, means that it punches far above its weight diplomatically, and the country has chosen to make its presence felt particularly in international academia.

In February 2011, peaceful protests by Omanis in response to allegations of governmental corruption were brought to a violent close with police using tear gas against protestors. Rubber bullets and live ammunition left two demonstrators dead. Record Saudi investments in University. Saudi Arabia has donated the most to British academia of all the Islamic states and royal families over the last decade, it has emerged. The signing of a new research agreement by the University of Cambridge last week with Saudi petrochemical company SABIC (Saudi Basic Industries Corporation) suggests, however, that increasingly the country is diversifying its interests towards funding science and technology and away from its traditional destination of the study of Islamic culture. Financial links to the Gulf within British academia are extensive, as reported last week in The Cambridge Student's report of Cambridge's cosiness with the authorities of Oman, but it is Saudi Arabia which has been most generous.

In recent years, Saudi donations have been directed towards the study of the Middle East, largely taking the form of endowments for the establishment of Islamic study centres. De leerstoelhouder van Oman: ‘Ik heb absolute, academische vrijheid’ Leerstoel 'verbindt' Zeeland met Arabische regio - Nederland. (Novum) - De Roosevelt Acadamy in Middelburg krijgt een leerstoel watermanagement met de naam van de sultan van Oman, Quaboos bin Said al Said. Revealed: how the FBI coordinated the crackdown on Occupy. DN! FBI vs. Occupy: Secret Docs Reveal "Counterterrorism" Monitoring of OWS from Its Earliest Days. JUAN GONZÁLEZ: We begin with a look at newly revealed documents that show the FBI monitored the Occupy Wall Street movement from its earliest days last year. Internal government records show Occupy was treated as a potential terrorism threat when organizing first began in August of 2011. FBI Claims It Does Not Have Any Documents on Occupy Wall Street.

NotPICNIC : violent crackdown on Occupy... On student debt, big data and academic alienation. : Investors in the Knowledge Industries : Home Page. Feature: Mind the money, not the Moocs. VOX: Hoeveel geld halen we bij het bedrijfsleven op? EM: Weinig weerstand in de zaal maakt Joris Luyendijk een tikkie arrogant. Luyendijk: ‘Eikels heb je zelfs op de universiteit’