Aug 20 2010

Obama Makes More Recess Appointments While Washington Vacations

With the Senate on summer break, President Obama is making four more recess appointments, rolling out Cabinet officers and an ambassador nominee, a group the White House said waited an average of 303 days — in vain — for confirmation. “At a time when our nation faces so many pressing challenges, I urge members of [...]


Aug 12 2010

Will Nuns Break Bankers of a Nasty Habit?

3:15 p.m. | Updated Morgan Stanley issued a statement Thursday in response to the noteholders’ claims, which has been added below. It may sound like a minor rock band from the ’70s, but in fact “The Sisters of Jesus and Mary v. Morgan Stanley” is a law suit. Eighty-eight Irish investors — first among them [...]


Jul 22 2010

Jane Norton and Ken Buck: High Heels vs. Cowboy Boots in Colorado

DENVER — Let us take a brief break from the racism debate and talk about high heels. And sexism. We’ll start with a one-liner: What’s the difference between the two GOP Senate candidates in Colorado? High heels, according to the man in the race, Weld County District Attorney Ken Buck. He’s running against former Lt. [...]


Jul 16 2010

Candover Takeover Talks Break Down

It seems that takeover talks between the Canadian pension fund,  Alberta Investment Management Company, and Candover Investments, the British buyout shop, have come to naught. Candover said Thursday that  deal negotiations had broken down, according to Bloomberg News. “Following a request to the potential offerer to clarify its position, the potential offerer has confirmed to [...]