A Little Justice for a Big Man
“We’re shocked. This is not the outcome we expected.” So said Ken Lay after his conviction on fraud and conspiracy charges relating to the collapse of Enron. Shocked? Really? My theory is that he...
View Article“Conservative” Doesn’t Mean What You Think: A Guest Post By Jack Whelan
Many of our commenters on this post (at AmbivaBlog) took issue with the spirited defense of New Deal-rooted American social democracy expressed by Jack Whelan at After the Future. In my opinion Jack is...
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Walmart and the Democrats
You can read my take on Walmart, class and the Democrats over at NeoMugwump.
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Putting health before profits
It’s not as simple as that, but the math is pretty stark. GlaxoSmithKline, which spent decades and more than $400 million developing a meningitis vaccine, expects to sell it only in Africa, and at a...
View ArticleImus, Bias, Devils, & Heaven
I’ve never been a Don Imus devotee. In fact, I can’t recall the last time I listened to any portion of his show. I’ve never met the man and I know...
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Don’t Test ALL Cows For Mad Cow Disease?
More twisted logic from the administration that keeps me in stitches nearly every single day. From IHT: WASHINGTON: The Bush administration said Tuesday it will fight to keep meatpackers from testing...
View ArticleConservative Authors’ Lawsuit Exposes Their Secret To “Success”
For years, publishing houses that put out “conservative non-fiction” have used a very tried and true method for pumping up the popularity of their authors’ screeds. They sell a bunch of their books in...
View ArticleAIG Fiddles…
In a stunning display of self absorption, executives at financial giant AIG spent $440,000 on a posh California retreat just days after accepting an $85 billion bailout loan from the federal...
View ArticleBank Eat Bank: Bailout Encourages Mergers, “Paulson Decides Who Lives and Who...
Hi, this is Danielle Ivory from ANP. My colleague, Lagan Sebert, and I have recently been covering the economic crisis and found ourselves thoroughly intrigued by the bank mergers happening all over...
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Of bailouts, boycotts, and buying a Ford.
This is the 2009 Ford Shelby Mustang GT 500. I want this car. When I was in high school I wanted the 1967 Shelby Cobra GT 500. Lunchroom debates raged over the merits of the Shelby Cobra vs. the...
View ArticleWhen Good Intentions Go Wrong
Hello Donklephants! I’m Mark, and I regularly blog at (and run) the site Publius Endures. Ostensibly I self-identify as a libertarian, although I’m not terribly dogmatic and tend not to write much on...
View Article“Because We Said So”
At his new Culture11 digs, John Schwenkler points to a Washington Post article about the impending February 10 National Bankruptcy Day, about which I have written prolifically in recent days. One of...
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Does the Bernie Madoff doll (or action figure) trivialize his scam victims?
Bernie Madoff scam artist action figure In this economy, would you pay $149.99 for a Bernie Madoff action figure? Would your answer be influenced if you knew it was a limited edition action figure?...
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New GM CEO Says Bankruptcy Still Possible
After months of hand-wringing, bailouts and backlash, new GM CEO Fritz Henderson says bankruptcy is still a very real possibility: The company, he said, has until June 1 to accomplish changes sought...
View ArticleStress Tests for Wall Street — What About the Billions in off-the-Books Toxic...
At the center of President Obama’s overhaul strategy for Wall Street are the “stress tests” which will be applied to all financial institutions. But how accurate will the test results be? That will...
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Health Care Reform Redux
Now that the House has left for summer recess, with the Senate leaving in a week, it’s a perfect time to look back and see what may have gone wrong in the Democrats’ plan to pass a major health care...
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GM pays back $6.7B in government loans by using a $13.4B government funded...
All week I’ve watched GM CEO Ed Whitacre walking down a factory floor in a GM advertisement, crowing about repaying government loans while saying he could respect the opinion of those who did not want...
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Don’t be evil.
I am now using a Droid phone. My whole life is on this device. My “real” email accounts and my “fake” ones – they’re all Gmail accounts and linked on the Gmail app. My phone numbers, credit card...
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The Corzine Caper
From the department of “The more things CHANGE…” What does this sound like to you? – A high risk “bet the company” culture, huge leverage, “smarter than you” corporate arrogance, regulators asleep at...
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Let’s play “Clue”– Was it Mr. Corzine in the Board Room with the “Smoking...
As we have chronicled from the first week that MF Global declared bankruptcy, the mystery of the missing “sacrosanct” segregated client funds was not something that could be explained away with...
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