Category Archives: United States

Puerto Rico bankruptcy rolls along

Puerto Rico, the biggest government in the U.S. to ever go bankrupt, will argue this week that it shouldn’t be treated like a broke business during the proceedings: Its residents, not creditors, should come first.Government lawyers will argue with bondholders … Continue reading

Posted in United States

Mama, don’t let your babies grow up to be fraternity brothers…

Full story in NYT. And for what?  So he could do the same to other pledges in future years? A night that began with laughs and elaborate handshakes quickly devolved into dangerous drunkenness. The pledges were forced to participate in … Continue reading

Posted in United States

U.S. judge freezes Puerto Rico debt payments

A federal judge on Tuesday ordered the trustee for Puerto Ricos COFINA bonds not to make a $16 million payment due on June 1, allowing creditors to litigate competing claims to the money that could be central to how the … Continue reading

Posted in United States

Ira Kukin passed away

Ira Kukin was a chemist, and was the benefactor of Henry Rosovsky’s dream, the Harvard Academy for International and Area Studies.  The couple times I met him as an Academy Scholar, he was engaged and curious. Yeshiva University mourns the … Continue reading

Posted in United States

Apparently U.S. does not want to release H-1B gender breakdown

Computerworld filed a FOIA request for H-1B gender data last year and was told that providing such information would be “unreasonably burdensome.” “In order to determine the gender of H-1B applicants, USCIS staff would have to manually search each applicant’s … Continue reading

Posted in United States

How much was spent on public services for the homeless in Santa Clara County in 2015? $520 million a year

But now, for the first time, a staggering fiscal cost has been calculated: $520 million annually. A new study, described as the most comprehensive look ever at the expense of homelessness on a community, has determined that more than $3 … Continue reading

Posted in United States

Daily dose of Akerlof: The rat race

Somehow he succinctly describes the key insight in one page.  Here is the full paper at jstor.  I vainly searched the web for “Akerlof rat race intuition” and of course there was nothing better, because why bother?  The article marked … Continue reading

Posted in Development thinking, United States