Morgan Stanley is going to win out over Citigroup when a mediator places a value on the Morgan Stanley Smith Barney brokerage, The New York Post reports. The two banks have disputed the value of the joint venture: Morgan Stanley, which owns 51 percent of the brokerage and plans to acquire remaining shares, said the Read More
The Observer got an alarmed email from a reader, whose thoughtful daughter sent her our article on the proposed bike helmet legislation, which the reader does not like one bit. Her email, cleverly titled “Will mom opt for civil disobedience?,” expresses some serious concerns about the possibilities of being forced to wear a helmet, and the reason such legislation does not make sense. Read More
Every news organization has some kind of tips inbox that most reporters or editors don’t pay that much attention to, with good reason: They normally don’t yield anything too fruitful, aside from the occasional hilariously awful press release one forwards around the newsroom with zero comment needed, preposterously bad joke that it is. Well, it’s Friday, and we took a peak in the Observer’s Tips Inbox to take a look at what was there.
Lo and behold, there were emails from supporters of Ron Paul, the L. Ron Hubbard of Libertarians, currently running for President. Which isn’t too out-of-the-ordinary. Except, well, there were a few of them. Today is apparently some kind of Ron Paul Day of Email Action. Everyone from the New York Times to The Daily Beast to The Texas Tribune to us are getting them. Read More
Last night on The Daily Show, Mr. Stewart suggested that Mr. Paul gain some weight (it worked for New Jersey governor Chris Christie) or change his opinions. The media’s bored with his consistency. Read More
The riots in London seem finally to have subsided, but strange things are afoot stateside this week, so much so that we’re starting to wonder if Mercury, which went retrograde Aug. 3, is currently doing to the entire planet what it once did so publicly to Jeremy Piven. (Also, when does the statute of limitations Read More
Representative Ron Paul, the Republican congressman who hated the Federal Reserve before hating the Federal Reserve was the fashionable thing to do, is now in charge of overseeing the Fed. Bloomberg reports that Mr. Paul will be conducting a few hearings on monetary policy and plans to renew his efforts to put Read More
Rand Paul, Tea Party flavor of the month, is said to be avoiding “overexposure.” Senior Republican Party operatives, worried by the Kentucky Senate nominee’s all-too-revealing remarks after his primary victory, have urged him not to grant any interviews for a while. So he flip-flopped on his criticism of the 1964 Civil Rights Act, flaked out Read More
ST. PAUL—Last night, Ron Paul bathed in the adoration of thousands of people who don’t like taxes but love their pocket-sized constitutions at an alternative convention thrown in his honor in Minneapolis.
This afternoon, it was back to reality.
“I’m not likely to get much recognition in there,” said Paul as he walked Read More
Here’s what it looked like yesterday outside the Sheraton Denver, where the New York delegation is staying and where protesters confronted a bunch of heavily up-armored police.
It looks maybe a little more dramatic and meaningful than it actually was.
After I spent a while watching the conflict unfold — young people taunt cops and Read More
