Well, isn’t that just like Hollywood? It isn’t enough that the movie crowd tries to brainwash America through lefty films? In case you didn’t feel like spending your time and money on trashy propaganda, they use the Academy Award stage ...
Read More »Rohatyn cites naked Napoleon to warn on stupid spending
Thomas Jefferson, Abraham Lincoln and Franklin Delano Roosevelt had this in common: They invested in America’s future during their own perilous days in power. Jefferson purchased the Louisiana Territory from a bellicose Napoleon. Lincoln backed the Transcontinental Railroad as the ...
Read More »Cheering for stimulus buys into 1930s myth
It takes only a few seconds to make history new again. Leaders around the world are talking up economic stimulus, channeling U.S. President Barack Obama, who in turn is channeling Franklin Delano Roosevelt. Obama bases his confidence on an old ...
Read More »Ivy League White House mimics finance masters
If Wall Street was brought down by the Ivy League’s supposed best and the brightest — with their complete faith in risk-management models taught in business schools — then who failed to rein them in? In many cases, their own ...
Read More »Ponzi paranoia is rattling ‘Madoffed’ companies
Ever since the Big Kahuna of Ponzi schemers was arrested on Dec. 11, financial firms and publicly traded companies have been rushing to quantify just how “Madoffed” they are. Happiest among those who map out their vulnerability to Madoff in ...
Read More »Jindal response panned by fellow Republicans
Republican Louisiana Gov. Bobby Jindal has been among the brightest Republican stars in a party searching for a strong competitor to Barack Obama in 2012. He may be shining a little less brightly today. Jindal is catching criticism from fellow ...
Read More »Dollar rises as stocks, housing report spur demand for haven
The dollar advanced against the euro and pound as a drop in U.S. stocks and an unexpected reduction last month in sales of previously owned homes in-creased the haven appeal of the greenback. The yen slid to a three-month low ...
Read More »8th U.S. Circuit Court of Appeals
Criminal law Miranda; custodial statements 08-1549 United States of America, Appellee, v. Reginald L. McGlothen, Appellant Appeal From: U.S. District Court for the Western District of Missouri Submitted: Dec. 11, 2008 Filed: Feb. 13, 2009 Before: Judges Loken, Beam and ...
Read More »Missouri Court of Appeals Eastern District
Missouri Court of Appeals Eastern District Contracts Gambling awards program; MMPA ED90984, ED91098 Patricia M. Raster, et al. Plaintiffs/Appellants, v. Ameristar Casinos Inc., et al., Defendants/Respondents Appeal From: St. Charles County Circuit Court, Judge Lucy D. Rauch Handdown Date: 2/17/2009 ...
Read More »Fed may need to recast TALF on commercial real estate credit
The Federal Reserve may need to loosen the terms of a new $1 trillion credit initiative aimed at averting a meltdown in commercial mortgage-backed securities, analysts and industry representatives said. The Fed would prop up the CMBS market by lending ...
Read More »Stimulus package forgets your net worth
You won’t get a check to go out and buy a large-screen television, nor will you see much immediate tax relief in the new $787 billion stimulus package signed by U.S. President Barack Obama last week. The plan, one of ...
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