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News@Law, 04/26/2017

News@Law is a selection of the day's news clips regarding Harvard Law School.
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Today's News

Financial Times
Wells Fargo record shareholder rebellion does not mark end of woes
The shareholder vote against Wells Fargo directors on Tuesday was larger than anything seen at a big US bank during the financial crisis — but without Warren Buffett’s help the rebellion would have been even bigger. For four board members, only the support of the billionaire investor’s Berkshire Hathaway prevented them from being removed from office in the wake of the bank’s bogus accounts debacle...“There is a serious question as to whether any of the directors who received less than 60 per cent of the vote can stay on,” said Howell Jackson, a professor at Harvard Law School.
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The Wall Street Journal
Wells Fargo Directors Face Shareholders’ Ire
Shareholders at scandal-scarred Wells Fargo & Co. voted Tuesday to keep all 15 of the bank’s directors, but in a stinging rebuke rarely seen in corporate elections did so in some cases by slim margins. After a three-hour annual meeting replete with shareholder outbursts and one unscheduled break to remove an angry investor, the San Francisco company announced voting tallies that showed the toll of the aggressive sales practices last fall that cost Wells Fargo $185 million in fines...“The outcome is a wake-up call that directors at U.S. companies may no longer glide through a crisis without taking individual hits in reputation,” said Stephen Davis, associate director of Harvard Law School’s Programs on Corporate Governance and Institutional Investors.
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Bloomberg
Mar-a-Lago Ad Belongs in Impeachment File
An op-ed by Noah Feldman. What did the president know about the Mar-a-Lago advertisement that appeared for a time on official government websites? And when did he know it? These questions might sound trivial. They aren’t. The webpage about President Donald Trump’s private club, which had all the features of a marketer-drafted puff piece, is a prime example of corruption, namely the knowing use of government means to enhance the private wealth of the president. And corruption is the classic example of a high crime or misdemeanor under the impeachment clause of the Constitution.
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Flare
Journalists on Self-Care, Political Reporting & Why KUWTK Helps
A contribution by Simon Hedlin '19. “I am going to be honest with you and say that my most important advice on self-care is to have a geographic perspective. First, the Donald Trump phenomenon is not unique, but merely reflects a global uprising against globalization and technocracy. This movement has been growing for decades, and despite the negative impact of populism, the world is still a better place today than it used to be. I worked for the Swedish government when Sweden elected a party with neo-Nazi roots to Parliament in 2010, and I was in the UK right after the Brexit vote last year. We have seen populist insurgencies come and go through out history, and things have eventually, but always, turned out better. Trump is different only because America is the sole remaining superpower, which means that the stakes are much higher. However, based on other countries’ experiences with populism, I am convinced that America will muddle through.
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CNN
Little help for ‘carnage’ in Chicago during Trump’s first 100 days
Early in his administration, President Donald Trump made Chicago a promise. "If Chicago doesn't fix the horrible 'carnage' going on ... I will send in the Feds!" he blasted out in an evening tweet four days after his inauguration. The shootings in the city were a favorite talking point in tweets, speeches and even his joint address to Congress. "We're going to have to do something about Chicago," he said in January. "Because what's happening in Chicago should not be happening in this country."...Chiraag Bains, a former federal prosecutor at the Justice Department and now senior fellow at Harvard Law School Criminal Justice Policy Program, added that even if Justice Department does provide additional resources, "it'll take more than a punishment-oriented, law-and-order approach to improve public safety in Chicago."
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The Harvard Crimson
Law School Students Demand Sexual Assault Admissions Info
Four Harvard Law School students are demanding that the Law School clarify how it considers applicants who have been accused or found guilty of sexual assault. Emma K. O’Hara , Shayna Medley , Dixie C. Tauber, and Kelly Jo Popkin ’11—all third-year law students in the school’s Gender Violence Policy Workshop—published the article in the Harvard Law Record Sunday, attaching a questionnaire they sent to Law School admission officers March 30...“I think we were all sort of motivated to want to do this particular topic now given that it’s admissions season,” Tauber said.
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