Looking back at Jon Corzine’s statements to Congressional committees investigating MF Global’s failure, it is clear that he knew that e-mail was out there. He used the committee hearing to lay the groundwork for a “he said / she said” defense vis-a-vis MF Global treasurer Edith O’Brien. Perhaps O’Brien simply misunderstood JC’s intent. “You gotta fix it” could easily be misinterpreted to mean something like “Raid the client accounts if you have to, but get me the time to sell this piece of crap before the street figures out we’re insolvent.” That kind of misunderstanding happens all the time.
Archive for March, 2012
In the age of domestic and international terrorism, a few inconveniences at the airport seem pretty trivial. Most of us happily hand over our belongings to be scrutinized by airport security, because the alternative is unbearable. Who cares if we have to take our shoes off, and throw out a few bottles of perfume every [...]
[YouTube] In case you missed it, a Rick Santorum campaign rally in Arlington Heights, Illinois got a little awesome on Friday: Santorum was 15 minutes into his speech when the two men shouted and got the attention of the crowd. They exchanged a kiss, prompting guards to eject them and the crowd to chant “U-S-A” [...]
Instead of speculating about the future, enough time has passed that we can now begin to assess the actual effects of the Citizens United Supreme Court decision as opposed to succumbing to our fear and loathing of what might hypothetically happen. Tim Cavanaugh of Reason Magazine takes a look at the subsequent impact.
What better way to learn about infographics than an infographic about infographics? Most infographics are focused on the use of infographics in business to promote an product or service you might not know you need or want. What is needed is an infographic focused on the use of infographics in politics to promote an idea that you might otherwise consider laughable, nonsensical and unsupportable.
According to this Infographic, the behavioral patterns of the wealthy appear to be quite elitist and entitled. The 1% believe that they are an acception to the rule, which causes a lot of social justice issues in the US. Mo’ money, mo’ problems is the title of this illustrated data set, including a study conducted [...]
Heilemann and Halperin make extensive use of anonymous sources to bolster their claim of an ultimate insider perspective with unique insights into the historic 2008 campaign. It is clear that the book was anonymously sourced primarily by the operatives, campaign staff, aides, and professional politicos who managed the major campaigns. While not all emerged unscathed, to the extent that any sympathetic characters are to be found in Game Change – it is these campaign operatives. Whether they deserve that treatment is another matter. To a large extent, the authors reported their stories, through their eyes, and unsurprisingly, they told stories that made themselves look good. In the process, most of the politicians, candidates, their spouses, and competing campaign staff are made to look bad. Nowhere is this more obvious or true than in the four chapters distilled into the movie. It is clear from the promotion and early reviews of Game Change The Movie that Steve Schmidt (played by Woody Harrelson) is the primary source for the four chapters of the book that the movie is based on
Dennis Kucinich lost his Ohio congressional seat in a hotly contested primary yesterday. The reaction from the right and left is predictable, but even some on the right are sorry to see him go.
Let’s run down the numbers… Georgia – 76 delegates Gingrich – 42 Romney – 13 Santorum – 2 Ohio – 66 Romney – 35 Santorum – 21 Tennessee – 58 Santorum – 25 Romney – 10 Gingrich – 8 Virginia – 43 Romney – 43 Oklahoma – 43 Santorum – 14 Romney – 13 Gingrich [...]