The U.S. government’s plan to extract criminal pleas from five global banks related to currency manipulation, along with penalties of billions of dollars, sounds harsh. It may also, say some former regulators and prosecutors, have little bite. The question is whether the latest guilty pleas will keep financial institutions from committing future crimes. The settlements, while momentous, will likely leave unanswered questions, said Brandon Garrett, a law professor at the University of Virginia who studies corporate crime enforcement.
The parent companies or main banking units of as many as five major banks, rather than their smaller subsidiaries, are expected to plead guilty to US criminal charges over manipulation of foreign exchange rates, people familiar with the matter said. "We need to look carefully at the actual terms of the plea deals to assess just how well these banks are being held accountable, but guilty pleas by major banks at the parent company level will send a message that even the largest U.S. financial institutions can be convicted of crimes," said University of Virginia law school professor Bra...
Nearly three decades ago, E.D. Hirsch Jr., an emeritus professor at the University of Virginia, decried the decline in cultural literacy, which he defined as “the basic information needed to thrive in the modern world” — essentially the fundamentals of “the major domains of human activity from sports to science.”This notion, and Hirsch’s 1987 book, “Cultural Literacy: What every America needs to know,” were embraced by conservatives skeptical of the “relevance” movement in the nation’s classrooms.
Sen. Marco Rubio, whose muscular foreign policy doesn’t hesitate to exert U.S. influence or military might around the world, revved up an audience in South Carolina recently by referring to a line from the movie thriller “Taken.” “He’s citing his committee assignment in the Senate to suggest he is better informed than the governor-candidates, but that’s not enough to convince people he understands the world,” said Larry Sabato, director of the Center for Politics at the University of Virginia.
The House Financial Services Oversight and Investigations Subcommittee, led by chairman U.S. Rep. Sean Duffy (R-Wis.) will hold a hearing on The Dodd-Frank Act and Regulatory Overreach at 9:30 a.m. EST on May 13. Witnesses in the hearing include Paul G. Mahoney, dean and professor of law at the University of Virginia School of Law.
Though plentiful in and around many galaxies, newborn examples of globular cluster are vanishingly rare and the conditions necessary to create new ones have never been detected until now. “We may be witnessing one of the most ancient and extreme modes of star formation in the universe,” said Kelsey Johnson from the University of Virginia in Charlottesville. “This remarkable object looks like it was plucked straight out of the very early universe. To discover something that has all the characteristics of a globular cluster, yet has not begun making stars, is like finding a din...
We have had cities for more than 6,000 years. Until very recently, a child could walk without fear anywhere in them. In 1900, nobody was killed by a car in the United States. . .because there were no cars. Just 20 years later, as Peter Norton, a professor at the University of Virginia, found in his book "Fighting Traffic," more than 200,000 people were killed by cars. In 1925 alone, cars killed about 6,000 children. Cities and life in cities had changed. We should have started to make cities different to accommodate cars, where every other street would be for pedestrians on...
Schools of education can also play a critical role. They are preparing the next generation of educators—and have a responsibility that extends beyond the university and into the classroom. Leading education school deans are now collaborating to transform the way we prepare educators. Earlier this spring, we helped launch a unique ed tech accelerator with the University of Virginia’s Curry School of Education, in order to bring educators together with entrepreneurs, investors with academics to cultivate a more collaborative, outcome-focused discussion about education technology.
Kids and teens who suffer a concussion worry about their academic skills in the weeks afterward, and older kids and those with more severe symptoms seem to worry the most, according to a new study. “The persistence of symptoms clearly is the most significant factor in academic impact,” said Susan Saliba, a physical therapist, athletic trainer and associate professor at the Curry School of Education at the University of Virginia in Charlottesville.
A free health clinic will return to Wise County this summer. The annual Remote Area Medical Clinic will be held July 17 to 19 at the Wise County Fairgrounds in Wise. The annual clinic is a collaborative effort between several organizations, including the University of Virginia Health System, to provide free health services.
In his important new book in defense of the liberal-arts tradition, commentator Fareed Zakaria points out that the “notion that young people are somehow callow and morally unserious is not a new charge.” Nearly three decades ago, E.D. Hirsch Jr., an emeritus professor at the University of Virginia, decried the decline in cultural literacy, which he defined as “the basic information needed to thrive in the modern world” — essentially the fundamentals of “the major domains of human activity from sports to science.”
The risk of self-delusion is ever-present in the days leading up to a wedding. “There is a basic view today that couples perceive the wedding as the signal that they have succeeded in landing someone,” said Bradford Wilcox, director of the National Marriage Project at the University of Virginia. This is especially true, he said, “for those couples in their 20s and 30s with good jobs and money saved. They view marriage as the capstone moment. They have arrived.”
For the first time, astronomers using the Atacama Large Millimeter/submillimeter Array (ALMA) believe they've caught a globular cluster just before its birth some 50 million light years away. “We may be witnessing one of the most ancient and extreme modes of star formation in the universe,” lead author Kelsey Johnson of the University of Virginia said in a statement.
Is Florida the key state for the upcoming 2016 presidential election? Is it the decider – whichever candidate takes its 29 electoral votes, takes the White House as well? After spending a few hours fiddling with vote maps we think there’s a good argument that’s the case. The foundation of this theory is the fact that over the past 15 years the nation’s electoral map has been unusually stable. University of Virginia political scientist Larry Sabato and the crew at his “Crystal Ball” newsletter make this point in their newest issue.
If the Supreme Court rules in June that the U.S. Constitution requires all 50 states to recognize same-sex marriage, Inazu believes that the resulting religious freedom issues will depend much on how the opinion is written. He pointed to an amicus brief in the case submitted by Douglas Laycock, a religious freedom expert and law professor at the University of Virginia law school. Laycock argued in favor of same-sex marriage, but warned the Court about the religious freedom issues that would inevitably follow.
The Hannah Graham Memorial Award was announced May 1 at the University of Virginia’s (UVA) OpenGrounds. Hannah Graham’s parents joined members of the university community to commemorate their daughter and celebrate her legacy.
(By Jeff Chidester, the director of policy and Tony Lucadamo, lead policy analyst at the University of Virginia’s Miller Center) The U.S. is slowly building momentum for two historic trade pacts: the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership. But without trade-promotion authority — which grants the president the right to negotiate a non-amendable deal with expedited floor debate in Congress — these deals will never pass. So say America’s lead trade negotiators, past and present.
The Virginia Student Environmental Coalition is riding along the proposed route of Dominion's natural gas pipeline and talking to landowners along the way. They traveled 47 miles across Augusta County Sunday, ending at Sherando Lake. College students concerned about the future of the environment began a bike ride Sunday that will stretch the width of Virginia.
Many college football coaches have advocated for years for ways to get more money, within the rules, to their players. So they all must be ecstatic with the NCAA’s new legislation that allows colleges to pay for athletes’ full cost of attendance and not just the previously covered tuition, room and board, fees and books. Right? At the University of Virginia, in-state students on full scholarships will receive an added $3,180 for the upcoming school year to cover the full cost of attendance. Out-of-state students are eligible for up to $4,450, depending on where they live.
A cosmic dinosaur is about to hatch, say scientists, who have discovered what may be the first known example of a globular cluster on verge of being born – an unimaginably massive, extremely dense, but star-free cloud of molecular gas. The globular cluster on the verge of being born was discovered by Kelsey Johnson, an astronomer at the University of Virginia in Charlottesville, and colleagues using the Atacama Large Millimeter/submillimeter Array (ALMA) in northern Chile.