When the Federal Reserve talks about the risks to the economy, be it slower growth or higher inflation, it’s usually an either/or proposition. What if it’s both? What if the U.S. economy is facing the prospect of slower growth and ...
Read More »Ambac, MBIA may discover clients no longer need them
The next two weeks will be critical for bond insurers, as states and municipalities assess whether it still makes sense to get their bonds insured. In at least one corner of the market, it looks like the rapacious appetite for ...
Read More »Harvard kid bets on oil, builds Dubai exchange, guzzles Cristal
The last time we visited Ben Mezrich, he regaled us with “Breaking Vegas,” the story of how some MIT whiz kids clawed millions of dollars off casino tables. His new nonfiction novel, “Rigged,” is a taut thriller about an Ivy ...
Read More »Yahoo’s China deal is dark side of hot market
China celebrated its annual Journalist Day last week with happy festivities, glowing tributes and award ceremonies. A cluster of grinning school girls displayed reporter’s badges in one province. Women journalists, dressed more appropriately for a cocktail party than a press ...
Read More »Bush tax cuts exploded Clinton-era deficit myth
The debate over the Bush tax cuts is heating up, and the Democrats aren’t making any sense. If you wander into a rally for any of the Democratic presidential candidates, you are sure to witness a lengthy diatribe documenting the ...
Read More »Simpson: Immigration regs get tougher on business
Immigration reform has been a central, polarizing issue on the national landscape for some time. While there is near universal agreement on the need to overhaul the current system, determining the whats, whens and hows has led to significant debate ...
Read More »Connaghan: Cruel? Yes. Illegal? Apparently, not at all.
I’ve always heard it said that children can be so cruel to each other. But in the sad case of Megan Meier, it was adults who took cruelty to a whole new level. Last year, the Dardenne Prairie teenager committed ...
Read More »Neukom: Standing up for rule of law in Pakistan
We have witnessed with admiration and empathy the heroism of lawyers and judges in Pakistan as they squarely faced beatings and stood up to soldiers and police to defend the rule of law. The dissolution of the Supreme Court, the ...
Read More »Gohn: Dover school case revealed holes in Intelligent Design
I wrote about Intelligent Design theory a few years ago. In that column, I said, in essence, that ID seemed good enough science to receive some consideration in the curriculum, and that critics who insisted on equating it with Creationism ...
Read More »Cruel intentions spark talk of legal change
I’ve always heard it said that children can be so cruel to each other. But in the sad case of Megan Meier, it was adults who took cruelty to a whole new level. Last year, the Dardenne Prairie teenager committed ...
Read More »Harrison: When practicing commercial law, think criminal
It is interesting how so many criminal cases we read about in the news end up having a civil litigation counterpart. Even when someone charged with a crime is acquitted in a court of law, the victim or victim’s family ...
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