U.S. seeks delay on calculating Madoff restitution – Sentencing will not be delayed. Whew! We're not sure if we can wait much longer for victims' statements [Reuters via DealBook] Sorry America, We Still Have No Clue What To Do About 'Too Big To Fail' – Newspeak phrase of the day: "Tier 1 Financial Holding Companies" [Clusterstock] All together now: 'F is for failure' – Hey, it's all around. Somebody's got to talk about it. [FT Alphaville]
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Scoping | 06.23.09
- Caleb Newquist
- June 23, 2009
At Least Seven Killed in Red Line Crash – “One Metro train slammed into the back of another on the Red Line at the height of the evening rush yesterday, killing at least seven people and injuring more than 70 others in the deadliest accident in Metrorail’s 33-year-history.” [Washington Post]
Conspiracy surrounds $134bn ‘bond’ find – If the blogosphere is good for anything, it’s a conspiracy [BBC]
Experts: Apple Disclosure ‘Falls Short’ – [Business Week]
Scoping | 06.24.09
- Caleb Newquist
- June 24, 2009
Antigua fires finance regulator – Not exactly the most surprising news of the day. [BBC]
Cuomo’s Money Manager Received Funds Linked to Pension Scandal – “EnTrust Capital Inc., a hedge fund firm that’s handled New York Attorney General Andrew Cuomo’s personal and campaign money, received state pension funds to invest from a company he has identified as paying possible illegal kickbacks.” Um, awkward. [Bloomberg]
Missing Governor Was in Argentina – Getting some South American tail no doubt. Deadbeat Dad. [WSJ]
Scoping | 07.07.09
- Caleb Newquist
- July 7, 2009
•U.S. House May Include Surtax on Wealthy in Health-Care Package – In this particular case, wealthy means greater than $200k [Bloomberg]
•Obama Adviser Says U.S. Should Mull Second Stimulus – Because you knew it was coming [Bloomberg via Clusterstock]
•NOT THE BAIR MINIMUM – She Bair might be playing in somebody else’s sandbox [New York Post]