Might Mayor Bloomberg be coming around to Kirsten Gillibrand?
At a press conference yesterday, the mayor went out of his way to praise the junior senator for her work on the 9/11 health care bill.
Asked if there was someone in the Senate who he would blame for the bill not passing yet, the mayor Read More
Reuters’ granularity-inclined British finance blogger Felix Salmon today highlights a wild phenomenon borne out by a recent housing survey conducted by Fannie Mae.
For instance, the survey finds that 91 percent of underwater homeowners are happy with their mortgages. Who in their right mind would be happy to owe the bank more for their Read More
As one might expect from the company that suffered the biggest U.S. bankruptcy ever, Lehman Brothers conducted less-than optimal oversight of its businesses. Our suspicions to that effect were confirmed today at a U.S. Bankruptcy Court proceeding in Manhattan. Barclays futures director Elizabeth James, who was involved when Barclays bought Lehman out of bankruptcy in September 2008, said, “Lehman’s Read More
