He was the chief risk officer of Bear Stearns from 2006 until 2008. So, basically, he was the guy on the mast charged with yelling "iceberg" just before the Titantic introduced its bow to a floating hunk of ice.
The Election of Nov. 4th 2008 will inform us once again that government has won. While the color, race, religion and gender of the faces may change, the body, mind, and spirit of government will remain the same. But,... We have changed.
MarketWatch, the Wall Street Journal, Hussman, MSNBC, and Barron's are all bullish on the stock market. That is pretty amazing optimism in the face of the collapse we have seen. Is such optimism warranted?
“[T]he market is being told loud and clear that Washington will not allow the country’s financial institutions to bear the consequences of their behavior. This may well be Bush’s most creative innovation: no-risk capitalism. . . .
How did we get from 400,000 down to 20,000? Where did they come up with 20,000? At the current rate, they can expect to receive 1092 applications in the next year. This is a three year program.
A video of federal TSA Agents screening and searching New Hampshire residents attempting to participate in a Town Hall Meeting with John McCain in Petersborough, New Hampshire.
The freedom of individuals from compulsion or coercion never was, and is not now, the normal state of human affairs. The normal state for the ordinary person is tyranny, arbitrary control and abuse mainly by their own government.
When everyone else sells shares in panic, the Norwegian government is purchasing. Since the global financial crisis went into earnest eight weeks ago, the state's two pension funds bought shares of companies on the Oslo Stock Exchange for over 12
[First the chauffeur, now the media guy.] An al-Qaeda propagandist who promised endless war against the US was sentenced to life in prison at Guantanamo Bay on 35 counts of solicitation to commit murder, providing material support for terrorism and c
For four uninterrupted hours, scores of New Yorkers walked up to a microphone, looked at Mr. Bloomberg and rendered a blunt verdict on the legislation that would allow him to seek a third term.
The diplomatic tangle between Venezuela, Argentina and the United States reached a new pitch on Monday when a jury in Miami convicted a wealthy Venezuelan businessman of acting as an “unregistered agent” of Venezuela on American soil.
Japanese scientists have cloned mice whose bodies were frozen for as long 16 years and said on Monday it may be possible to use the technique to resurrect mammoths and other extinct species.
Reserve Officer Antonucci of the Homedale Police Department, acting on a petty, bogus complaint from Deputy Daryl Crandall, seizes a campaign sign from the front yard of city resident Tony Lopez. Once a supporter of Crandall, Lopez changed his mind a
Some of the necessary reforms (esp. those mandated by state law) can be put into place before tomorrow's election while others clearly fall into the “too-late-for-this-one” category and may need legal reforms.
I've been told repeatedly, the key to good governance is educating voters. With everybody and their brother telling people how to vote, I decided to do my part by teaching people where to vote.
Some really bad things rolling toward us no matter which man walks into the White House. Both voted to double US annual immigration from 1.2 million to 2.4 million annually. Both voted to give amnesty to 20 million illegals. Great ready for a human
This absurd election is a prime example of such conformity....To vote for someone based on their race, sex, or political party is to succumb to herd mentality....
The government will borrow a record $550 billion in the current quarter as it scrambles to fund the huge rescue programs being put in place to deal [or steal] with the worst financial crisis in seven decades.
Obama on his energy plan: "So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted."
A juror who vanished during Alaska Sen. Ted Stevens' corruption trial told the judge Monday she lied about her father dying and flew to California to see horse races. Hinnant, a licensed paralegal who works for a mortgage company, said she had re
The time has come for the citizenry of this country to start the process of taking it back. We may likely have lost a battle, so what shall we do now? Do we simply give up and accept our fate?
The Itemiser allows police officers or door staff to swab customers hands as they enter a pub or club. It can tell almost instantly if drugs are present - including cocaine, cannabis, heroin and ecstasy.