International symposium at George Warren Brown School of Social Work to focus on impact of civic service Sept. 24-26

The Global Service Institute (GSI) of the Center for Social Development (CSD) at George Warren Brown School of Social Work (GWB) will host its second international research forum, “Civic Service: Impacts and Inquiry,” Sept. 24-26. Symposium participants, drawn from more than 20 countries, will address the impact of civic service, and will continue the discussion that began at the first GSI conference in Buenos Aires last year. The first conference addressed the history, implementation, and forms of civic service worldwide.

Amy Bloom to read Sept. 18 and 25

Amy BloomAmy Bloom, author of NORMAL: Transsexual CEOs, Crossdressing Cops and Hermaphrodites with Attitude, will read from her work at 8 p.m. Thursday, Sept. 18 and 25, for The Writing Program Reading Series at Washington University in St. Louis.

Campus community remembers 9-11

A memorial gathering commemorating the two-year anniversary of the Sept. 11 terrorist attacks will be held at 7 p.m. Sept. 11 in Graham Chapel. The gathering will be a brief coming-together of the campus community to reflect on the tragic events of two years ago and look forward to peace. The public is welcome to attend.

Switch to ‘decimalization’ in stock pricing has saved institutional investors $133 million per month, study finds

Panchapagesan”Decimalization” – the pricing of stocks in dollars and cents instead of fractions – lauded by proponents to be a good thing for investors when it was adopted by the U.S. stock markets in early 2001, is under fire. Critics say it costs institutional investors big. But in a study co-authored by Venkatesh Panchapagesan at Washington University’s Olin School of Business, direct institutional trading costs appear to have declined by about 23 basis points (roughly 5 cents a share) after decimalization. In economic terms, this decrease translates to an average monthly savings of about $133 million in institutional trading costs, the study finds.

Supreme Court should raise the First Amendment bar in landmark campaign finance regulation case, says legal scholar

The U.S. Supreme Court will hold an unusual four-hour session Sept. 8 to hear constitutional challenges to the Bipartisan Campaign Reform Act of 2002; some suggest the case could determine which political party wins the White House in 2004. D. Bruce La Pierre, a law professor who argued a Missouri campaign finance case before the Court in 2000, suggests the Court should use the BCRA case to rethink two recent decisions that have severely eroded First Amendment protection for political speech. It’s time, he argues, for the Court to send a clear message that campaign contributions are firmly protected by the First Amendment.

Controversial Sarbanes-Oxley provision important part of corporate reform

ParedesWith the final provision of Sarbanes-Oxley now in effect, lawyers are required to report corporate wrongdoing. Although many lawyers are concerned that this may breach attorney/client privilege, Troy Paredes, associate professor of law at the Washington University School of Law, says, “The requirement that lawyers report ‘up the ladder’ if they are aware of a material violation is an important part of the Sarbanes-Oxley reforms.” Paredes notes that lawyers are an important gatekeeper that the market depends on to help oversee management.

St. Louis Fed’s Poole speaks on bond market at Olin School of Business

PooleIn a wide-ranging analysis of bond market fundamentals, St. Louis Fed President William Poole said the focus should be on long-term interest rate basics. “Longer-run fundamentals tend to get lost in a welter of short-run considerations that fade into oblivion quickly as a new set of short-run concerns dominate the news,” he said. Poole spoke to a group of financial analysts at Washington University’s Olin School of Business on”Prospects and Risks in the Bond Market,” Sept. 4.

Biodefense research is focus of new Midwest Center

The United States Department of Health and Human Services announced today that Washington University School of Medicine in St. Louis will anchor a multi-institutional Midwest Regional Center for Excellence in Biodefense and Emerging Infectious Diseases Research (MRCE). The center will be funded by a five-year, $35 million grant from the National Institute of Allergy and Infectious Diseases (NIAID).

New York Times’ Thomas Friedman to open ‘Conversations’ series

FriedmanSome of the nation’s top scholars will gather in the coming academic year at Washington University to have “Conversations” on such topics as: What kind of international borders will exist in the 21st century? What is the future of freedom? Who are “public intellectuals”? And what purpose do they serve? Where did modern humans come from? In recognition of the sesquicentennial theme, “Treasuring the Past, Shaping the Future,” Arts & Sciences is hosting a series of four “Conversations” among scholars whose disciplines range from anthropology and biology to law and women’s studies. Thomas L. Friedman, a three-time Pulitzer Prize winner, best-selling author and foreign affairs columnist for The New York Times, will participate in the first “Conversation,” to be held from 2 to 3:30 p.m. Sept. 17 in the university’s Graham Chapel.
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