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Basis Capital, an Australian hedge fund suing Goldman Sachs for $1 billion over losses related to credit default swaps, made the deal in Australia and can’t sue in the United States, Goldman Sachs has said. Bloomberg News reports that Basis never contends it “did anything within the United States in relation to the transaction,” Goldman [...]
Defense Department record keeping is so shoddy that $8.7 billion out of $9.1 billion in Iraqi oil revenue entrusted to the Pentagon for reconstruction and other spending is unaccounted for, according to an audit obtained by The Los Angeles Times. Of the lost $8.7 billion, there are no records whatsoever for $2.6 billion in construction [...]
This past Sunday, The Washington Post’s Ombudsman lamented the fact that the paper had been “virtually silent” regarding the New Black Panther story. It occurs to me that I have also failed to cover the story. As you may recall, in November of 2008, New Black Panther Party members were accused of intimidating voters at [...]
Let’s be honest. Most face-lifts are unflattering. They turn the faces of middle-aged women, who should be wrinkled from all that laughing, crying and squinting in the sunshine, into frozen wastelands. OK, I’ll admit to a little mannequin phobia (thank you “Twilight Zone”), but my point still stands. I think dyed hair can have the [...]
Spit out your coffee at breakfast much? The headline on Kathleen Parker’s Washington Post column on Wednesday is at least worth a double take: “Obama: Our first female president.”She judges the president’s communication style as passive, conciliatory — displaying “tropes of femaleness” — not at all what Americans want in a commander-in-chief. Agree or not, [...]
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