Social and Behavioral Sciences Commons^™

The Conscience Of The Dollar: Are Religious Donors Sensitive To Moral Infractions?, Bradley Yam

The Yale Undergraduate Research Journal

Do religious donors give strategically or idealistically? The entanglement between the conservative Republican party and religious groups, particularly evangelical Christianity, on issues of abortion, sexual mores, and family values makes it difficult to analyze this question along voting lines. Regardless of how one votes, citizens and organizations can still punish their political leaders for moral infractions by voting with their wallets. This study aims to discern if there is a relationship between political scandals and religious donations.

Social Media And The Construction And Propagation Of Populist-Nationalist Discourse, Paula Pineda

The Yale Undergraduate Research Journal

The growing overlap between three important phenomena—the increasingly widespread use of social media (especially as a tool for political communication), the current populist zeitgeist (as described by Cas Mudde), and the rise of right-wing nationalism—make the question of how social media can be employed as a platform for the amplification of populist-nationalist discourse particularly pressing. This paper explores the affordances of social media that allow for its employment in the creation and propagation of populist-nationalist discourse, particularly the elective affinity between social media and populism, the way that social media can provide a platform for the emotive element of populist-nationalist …

Sounding The Alarm: Down-Ballot Setback For The Democrats In 2020, Yaakov Huba

The Yale Undergraduate Research Journal

The 2020 general election turned out more American voters than any other election, its monumental stakes commanding the attention of the world. While the focus in the race’s aftermath has primarily been the top of the ticket, the rebuke of President Trump’s time in office, the equally important down-ballot races have been largely passed over. Many major political analysts like the Cook Political Report predicted that Democrats would expand their House majority by 5-10 seats. Yet, the Democratic Party ended up losing 10 seats1. During the certification of election results, I collected data on incumbents in the US House of …

The Cuban Vote: How A Very Unreligious Group Votes For A Very Religiously Affiliated Party, Kelly Gouin

The Yale Undergraduate Research Journal

While there is a strong recorded correlation between religiosity and Republican Party affiliation, Cuban Americans report low religiosity but strong support for the GOP (58% of Cuban Americans are affiliated with the GOP). This is only one way in which this community is an outlier: Cuban Americans do not behave like other Hispanics; do not vote like other religious groups; are more liberal than the average Republican voter; and have not experienced the religious revival often observed in citizens of former communist regimes. These particularities suggest that Cuban Americans’ reaction is very specific to the combination of their experiences in …

Lessons Learned: Sarah Dahlgren, Alec Buchholtz, Rosalind Z. Wiggins

Journal of Financial Crises

Sarah Dahlgren was the Executive Vice President and head of the Financial Institution Supervision Group at the Federal Reserve Bank of New York (FRBNY) during the crisis and instrumental in the rescue of American International Group (AIG). This Lessons Learned summary is drawn from a March 22, 2018, interview in which she gave her take on how central bankers can prepare for future crises.

Lessons Learned: Chester B. Feldberg, Maryann Haggerty

Journal of Financial Crises

Chester B. Feldberg worked for the Federal Reserve Bank of New York (FRBNY) for 36 years in a variety of roles. In the aftermath of the Global Financial Crisis, he served as a trustee for the AIG Credit Trust Facility (2009-2011). The trust was established in early 2009 to hold the equity stock of American International Group Inc. (AIG) that the U.S. government had received as a result of the 2008 AIG bailout. The three trustees were responsible for voting the stock, ensuring satisfactory corporate governance at AIG, and eventually disposing of the stock.

When he was named as a …

The Rescue Of American International Group Module A: The Revolving Credit Facility, Alec Buchholtz, Aidan Lawson

Journal of Financial Crises

On September 15, 2008, the big three rating agencies downgraded AIG’s credit ratings multiple levels, exacerbating liquidity strains that the company was experiencing due to increasing cash demands by securities borrowers and collateral calls by credit default swap (CDS) customers. To prevent AIG from filing for bankruptcy, the Federal Reserve (the Fed) announced on the following day that, pursuant to its emergency powers, it would provide the company with an $85 billion Revolving Credit Facility (RCF). The RCF was secured by AIG assets and interests in its subsidiaries and required AIG to grant the US Department of the Treasury a …