Senate Committee Okays Ban On Box-Office Futures

“The setback comes as a surprise — and a victory for Hollywood — because federal regulators only in the last week had given the first stage of approval to the exchanges. Included in the Wall Street Transparency and Accountability Act financial reform package, passed Wednesday by the Senate Agriculture Committee, is a provision banning futures trading on box office.”

No More Field Trips? Museums Will Go To The Kids, Then

“[M]any schools have eliminated or cut back on museum trips, partly because of tight budgets that make it hard to pay for a bus and museum admission, and partly because of the growing emphasis on ‘seat time’ to cover all the material on state tests. To make up for the decline in visits, many museums are taking their lessons to the classroom….”

Cooper Union President George Campbell Jr. To Retire

“[W]hen Dr. Campbell took over in 2000, the institution’s finances were precarious. The college had been running multimillion dollar deficits for years, and its endowment had sunk to a low of $100 million after Sept. 11. Dr. Campbell took advantage of the college’s real estate holdings, including the Chrysler Building, which it owns, to generate new revenue.”