My guess is that a large number of out-of-work Americans wouldn’t mind having their own office with secretarial help, even if they have no actual job to do there. For those in foreclosure, those laid-off, they could get some rest ...
Tagged with: Bank of America Charles Prince Citigroup economy John Reed Manhattan Stanley O'Neal unemployment Willam Schreyer
Read More »New York Attorney General Andrew Cuomo has powers vast and wide. But for him to go after Merrill Lynch & Co. for passing out bonuses is a bit of a stretch. I say, go for it anyway. The grounds he ...
Tagged with: Andrew Cuomo attorney general Bank of America Corp. Barney Frank bonuses Eliot Spitzer Merrill Lynch & Co.
Read More »As you may have noticed, these aren’t especially happy times for those used to the good life or those who merely get by. New York’s Rainbow Room is shutting down after 74 years as the dining room of the glamorous ...
Tagged with: Bankruptcy Law bankruptcy legal advice Barack Obama Gregg Galardi Kirkland & Ellis Lehman Brothers Holdings Inc. Wall Street bonuses
Read More »The form contained 63 questions for those seeking high posts in the Obama administration. The questionnaire asked for writings, speeches, financial statements, tax returns, e-mail, brokerage statements, mortgage papers, some documents going back 10 years or more. It asked for ...
Tagged with: Barack Obama Nancy Killefer taxex Tom Daschle Treasury Secretary Tim Geithner
Read More »It turns out that some of the hedge fund and money managers who guided investors into the care of Bernard Madoff came to suspect that Madoff was breaking the law. How else to explain his returns? They pressed for answers, ...
Tagged with: Bernard Madoff breaking law front-running hedge fund money managers
Read More »In the years that followed the attacks of Sept. 11, 2001, U.S. officials debated internally how hurtful the pain, how humiliating the degradation, how frightening the sense of drowning that American interrogators could legally inflict on suspected enemies. The predictable ...
Tagged with: Abu Ghraib Barack Obama Guantanamo Bay
Read More »Like many young idealists, Bradley Schlozman aimed to make a difference in government. Overseeing the U.S. Justice Department’s civil-rights division, he dedicated himself to making sure he hired “right-thinking Americans” instead of the sort of “politburo members” and “pinkos” who ...
Tagged with: Bradley Schlozman civil rights Justice Department
Read More »Holed up in his Upper East Side apartment as 2008 drew to a close, Bernard Madoff thought it a good idea to bestow on friends certain items. Cuff links his grandfather gave him, watches, a $200 pair of mittens, stuff ...
Tagged with: $50 million Bernard Madoff Ponzi scheme
Read More »Sprinting furiously to put as much distance as possible between themselves and the radioactive Rod Blagojevich, Democrats for weeks seemed not to notice certain obvious truths. Law trumps politics. Blagojevich remains governor of Illinois. He is an innocent man under ...
Tagged with: Adam Clayton Powell Barack Obama Illinois Supreme Court Patrick Fitzgerald Rod Blagojevich Senate seat U.S. Supreme Court
Read More »Suspicious investors who removed their money from Bernard Madoff’s care before he pulled the bottom out from under his scheme have probably been congratulating themselves for their wisdom. Even those who recouped their principal only to plunge it into the ...
Tagged with: Bankruptcy Law Bernard Madoff commercial law investors Jay Westbrook scheme stock market trustee University of Texas
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