Time For Our Semiannual Reminder To Law Professors to SUBMIT YOUR GRADES ALREADY

We talk about this twice a year. Sorry, I should say we are forced to talk about this twice a year. Every year. Because every semester, there are law professors out there who refuse to submit grades in a timely fashion.

I don’t know why. Professors have to work like nine or 12 hours a week, maybe eight months a year, and write a final exam and grade it. That’s what the students are paying them for. The rest, the research, scholarship, whatever glad handing they do on their path to tenure, is something they can do on their own time. On the student’s dime, they have to lecture, write exams, and grade them.

WHY DO SO MANY OF THEM FAIL TO DO THIS?

I don’t know the answer to that question. I may never know. Last semester, Columbia Law School threatened to fine professors who handed in late grades.

Columbia’s plan seems to be working, so maybe other New York area schools should give it a try….

Today’s adventure in late grading is brought to you by Fordham School of Law. Spring semester has already started there, but there are still students waiting for their fall semester grades. A tipster explains:

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MetLife Granted Third Fed Extension to Submit Capital Plan

January 8, 2013Email ThisPrintNewslettersTweetArticleCommentsThe Federal Reserve has granted MetLife Inc a third extension to submit its capital plan as the insurer moves closer to completing the sale of its deposit-taking business to a unit of General Electric Co.’s GE Capital.

The largest life insurer in the United States said it received a letter from the Fed granting an extension until June 30 to submit the plan.

MetLife has a bank holding charter because of its online banking business and is therefore overseen by the Fed. Last March the insurer failed a stress test and was blocked by the Fed from raising dividend or buying back shares.

The sale of the deposits portion of its bank to GE Capital got approval from banking regulators in December, moving MetLife a step closer to relinquishing the bank charter, which may mean the end of Fed oversight.

The company has, however, warned that it does not expect to buy back any shares in 2013, a blow to investors who have waited since the autumn of 2011 for a return of capital.

MetLife had received an extension from Sept. 30, 2012 until Jan. 5 to resubmit its capital plan. The September deadline was also an extension of an earlier June deadline.

 

 

Copyright 2013 Reuters. Click for restrictions.Email ThisPrintNewslettersTweetCategories: National NewsTopics: bank stress test, Federal Reserve Bank stress test, Federal Reserve stress test, MetLife bank, MetLife capital plan, MetLife Federal Reserve, Metlife sale of bank, MetLife stress testHave a hot lead? Email us at newsdesk

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