Case Not Closed: A Connecticut Family in King Leopold`s Court

Dr. Lay's article about the Democratic Republic of the Congo v. Belgium case and his student's involvement in it

Understanding the Yoder Provision: Analyzing the Impact of Amendments to Dodd-Frank\u27s Swaps Push-Out Provision

Introduction: On December 16, 2014, Congress enacted the Consolidated and Further Continuing Appropriations Act, 2015 (Act) to fund the federal government through the 2015 fiscal year and forestall an imminent government shutdown.1 However, the content of this legislation was not limited exclusively to the allocation of funds; the Act controversially amended several provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank).2 In a section now known as the “Yoder provision,”3 the Act amended section 716 of Dodd-Frank, which originally required certain financial institutions to “push-out” certain swap transactions to outside institutions that were not covered by federal insurance or surety programs.4 This Article discusses the implementation and impact of the Yoder provision on derivative finance and analyzes whether the provision creates an excessive fiscal liability for taxpayers. Part II of this Article discusses the initial implementation of Dodd-Frank’s swaps “push-out” provision and analyze its importance in preventing government subsidization of losses that ensue from private financial transactions. Part III further examines the Act, specifically the Yoder provision, and explains the application of the Act’s amendments to section 716 of Dodd-Frank. Part IV argues that the Act’s amendments to Dodd-Frank expose American taxpayers to significant financial liability by allowing covered depository institutions (CDIs) to participate in a larger variety of swaps transactions

An 8-DPSK TCM modem for MSAT-X

This paper describes the real-time digital implementation of an 8-differentiated phase-shift keying (DPSK) trellis-coded modulation (TCM) modem for operation on an L-band, 5 kHz wide, land mobile satellite (LMS) channel. The modem architecture as well as some of the signal processing techniques employed in the modem to combat the LMS channel impairments are described, and the modem performance over the fading channel is presented

Can a Park Statue Destabilize Northeast Asia’s Inter-State Relations?

In 1991, after fifty years of silence, the forced sexual enslavement of Korean women and girls at the hands of Japan’s Imperial Army during World War II emerged as an embarrassing blight upon Japan’s otherwise enviable profile as a political and economic miracle. The case against Japan’s alleged trafficking of women meandered through the courts of Japan and the United States. It also became an issue for United Nations Human Rights Commissioner Navi Pillay in August 2014. However, no satisfactory solution has been found. Beginning in 2005 efforts began in the United States to raise public awareness of the conditions that Korean women were subjected to at the hands of Japan. Strong resistance emerged in certain Japanese-American communities to the Korean and Korean-American accounting of events but especially from Japanese government officials who have visited the United States. Japan does not dispute that Korean women and girls served as Comfort Women; however, its disputes the methods of recruitment and the numbers of women indicated in the Korean narrative. We thus find two competing narratives, that of Japan and that of Korea, being disputed in the United States. In most places the Korean narrative has prevailed but in places such as Buena Vista, California and Queens, New York, it has not. This text argues that the “Comfort Women” controversy may undermine Korea-Japan-US relations in Northeast Asia. The President of Korea made it clear in December 2014 that relations with Japan will not improve without addressing this. This article speaks of ways to do indicating the need for an objective review of both narratives and, most likely, the articulation of an American narrative

The Comfort Women Controversy (cont.) Korea vs. Taiwan

Thomas Ward and William Lay's poster on why the Taiwanese experience of Japanese enforced comfort women in World War II differed from the Korean experience

Who Teaches with More Than Chalk and Talk?

Probit analysis is used to investigate factors that affect instructors' choices of teaching methodologies in introductory economics. The results show that instructor gender, percent of work time devoted to teaching, and the school's Carnegie classification are important determinants. Also, although class size is not an important determinant in the choice of instructional techniques used in the classroom, it is important in the choice of print materials and out-of-class assignments.Economics; Introductory Economics